TikTok to Challenge US Ban
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
Cédric Charbit
Who Should Be Gucci’s New CEO?
Following this week’s announcement that longtime Gucci chief Marco Bizzarri will exit the company in September, Imran Amed shares his top picks for one of the top jobs in the global luxury industry.
The Secrets to Kering’s Fashion Success
The group’s focus on luxury fashion has paid off, thanks to bets on bold creativity and the designer, CEO and merchandiser ‘tripods’ it typically installs at its brands, writes Luca Solca.
Balenciaga to Open Paris ‘Couture Store’
The Avenue George V store will stock limited-edition pieces and act as a ‘gateway to couture,’ said CEO Cédric Charbit.
Balenciaga’s Cédric Charbit on Moving from Hype to Timelessness
Balenciaga CEO Cedric Charbit discussed the brand’s attention-grabbing moments of 2021 and its future in the metaverse.
Luxury
VOICES 2021: The Fashion System’s Push to Evolve
In the second session of BoF’s annual gathering, Balenciaga CEO Cedric Charbit, Ellen MacArthur, Tommy Hilfiger and others addressed virtual fashion, circularity and forging authentic collaborations. Elle announced it would stop publishing images of animal fur.
VOICES 2021: The Fashion System’s Push to Evolve
In the second session of BoF’s annual gathering, Balenciaga CEO Cedric Charbit, Ellen MacArthur, Tommy Hilfiger and others addressed virtual fashion, circularity and forging authentic collaborations. Elle announced it would stop publishing images of animal fur.
Luxury
The Business Vision Behind Balenciaga’s ‘New Era’
From a couture revival to winning the Met Gala, the Kering-owned brand is white-hot. Ahead of its buzzed-about Paris Fashion Week show Saturday, CEO Cedric Charbit speaks to BoF about the strategy behind ‘new era’ Balenciaga and his plan for pushing sales to the next level.
The Business Vision Behind Balenciaga’s ‘New Era’
From a couture revival to winning the Met Gala, the Kering-owned brand is white-hot. Ahead of its buzzed-about Paris Fashion Week show Saturday, CEO Cedric Charbit speaks to BoF about the strategy behind ‘new era’ Balenciaga and his plan for pushing sales to the next level.
Balenciaga and Fortnite Are a Match Made in the Metaverse
The collaboration spans virtual and physical clothes, as well as a marketing campaign that will appear on billboards in cities like New York and Tokyo, as well as in Fortnite itself.
Can a New Chief Bring Commercial Magic Back to Valentino?
Star merchandiser Jacopo Venturini, who most recently played a pivotal role in the blockbuster success of Gucci, starts in the new role on June 1.
Why Balenciaga's Next Big Drop Is Haute Couture
Creative Director Demna Gvasalia's meme-worthy designs have propelled Balenciaga to over $1 billion in sales. What's motivating the move further upmarket?
Can Balenciaga Become a Megabrand?
How long can designer Demna Gvasalia keep the meme-able hits coming? As Balenciaga crosses the billion-euro sales mark, Chief Executive Cédric Charbit speaks exclusively to BoF about the past, present and future of the Kering-owned house.
At the #BoF500 Gala in Paris, Inclusivity Takes Centre Stage
Naomi Campbell, Adut Akech, Pierpaolo Piccioli, Karen Elson and other industry leaders from around the world celebrated the #BoF500 and inclusivity during Paris Fashion Week.
Power Moves | Tapestry Appoints CFO, i-D Names Global Fashion Director
This week Tapestry adds two new members to its group of executives, while i-D hires its new global fashion editor.
Company Snapshot
The former Saint Laurent executive is charged with propelling Balenciaga forward to billion-euro status.
The News in Brief
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Sales at Italy’s Moncler Up 16% in First Quarter Boosted by China
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
PZ Cussons to Sell St Tropez, May Exit Africa
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU Parliament Approves New Business Supply Chain Audit Law
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.
Italy Fines Amazon 10 Million Euros for Alleged Unfair Commercial Practices
Amazon “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option, the regulators said.
Chilean Retailer Falabella Aims to Close Several Major Asset Sales This Year
The closure is part of the company's plan to raise $850 million to $1 billion and help improve its credit metrics, said chief executive officer Alejandro González.
Chinese Tourists Are Again Embracing International Travel
The return of China’s travellers has long been awaited in the travel industry, which is expected to surpass pre-pandemic levels this year by contributing $11.1 trillion to the global economy.