LVMH Prize Names Finalists, Adds Phoebe Philo and Pharrell Williams to Jury
On Sept. 10 the eight designers will present their collections at the Louis Vuitton Foundation in Paris.
Karl-Johan Persson
Workplace & Talent
Forever 21 Hires New CEO From H&M
Daniel Kulle, former president of H&M's North American operations, has been brought in to revive the bankrupt fast-fashion retailer, which was recently bought by a consortium of investors, including Barneys-owner Authentic Brands Group, for $81 million.
Forever 21 Hires New CEO From H&M
Daniel Kulle, former president of H&M's North American operations, has been brought in to revive the bankrupt fast-fashion retailer, which was recently bought by a consortium of investors, including Barneys-owner Authentic Brands Group, for $81 million.
Does a Prada Sale Make Sense?
The Italian brand may no longer be a luxury leader, but it is still an attractive asset for prospective buyers.
Power Moves | H&M Announces New CEO, Levi’s Adds to Board of Directors
This week, Karl-Johan Persson steps down as H&M CEO, while Levi’s appoints a data scientist from Apple to its board.
H&M Chief Executive Steps Down, Succeeds Father as Chairman
The news came as the fast fashion retailer reported its first rise in annual profit since 2015.
BoF VOICES Day 1: Fashion Confronts a Challenging Future
The industry is grappling with an uncertain outlook amid projections for slowing growth and mounting socio-political unrest, but new technology and business models offer hope for innovative solutions.
How H&M Plans to Survive the Retail Apocalypse
The Swedish fast-fashion giant’s strategy for navigating the changing retail landscape provides useful lessons for the industry at large.
Case Study | Inside H&M’s $4 Billion Inventory Challenge
After years of sluggish growth and shrinking profits, the fast-fashion giant's stock levels have ballooned into a $4 billion problem — a powerful reflection of the challenges facing the company, and the fashion sector at large.
In Search of a Business Case for Sustainability
Sustainable operating practices can generate sustainable profit, but the upfront investment required is a barrier to progress. As fashion insiders descend on Copenhagen for the industry’s annual sustainability gathering, BoF investigates.
H&M Shares Slip as Warehouse Investment Knocks Profits
The fast fashion retailer invested in new warehouses to try to capture a bigger share of the fast-growing online market.
H&M Hires Cambridge Analytica Whistleblower Christopher Wylie
Wylie has signed a consultancy contract to help H&M get better data insights on customers, products and markets.
H&M Shares Rise Despite Profits Falling
Swedish retailer reported a 19 percent fall in operating profit due to inventory issues, yet the company's shares jumped 13 percent.
H&M Tests New Store Concept
At a spruced-up pilot store in Stockholm, the chain is testing new concepts that mark a break with its past, and partly echo some tactics already deployed by rivals to attract shoppers.
Company Snapshot
Part of the H&M family, he was behind the company’s sustainability campaign as chief executive.
The News in Brief
Valentino’s Full-Year Sales Fall 3 Percent
The results help to explain owner Mayhoola’s decision to shake up the brand’s aesthetic direction by hiring former Gucci designer Alessandro Michele.
TikTok’s Crackdown on Ozempic Influencers Threatens Weight-Loss Drug Hype Machine
The social media platform will effectively ban most weight loss-related content from appearing on its app starting next month, according to a sweeping new set of community guidelines published on its website last week.
Vivienne Westwood’s Personal Wardrobe To Be Auctioned
A taffeta ball gown with the span of a light aircraft is one of the more magnificent items to go on sale at Christie’s in June as part of an auction of the personal wardrobe of Dame Vivienne Westwood.
Valentino Chairman Bets Quiet Luxury Is Over After Michele Hire
The fashion industry’s era of so-called quiet luxury is over and affluent consumers will want bold designs again, the chairman of Valentino has predicted.
Marcelo Burlon Steps Down as Creative Director of Namesake Brand
Burlon, a former DJ, stylist and PR, founded the Milan-based label as a T-shirt line in 2012, inspired by ‘90s club culture.
Designer Nancy Gonzalez Sentenced to 18 Months in Exotic Skin Smuggling Case
The Colombian designer, whose bags have been worn by celebrities and featured on shows like Sex and the City, previously pled guilty to illegally importing millions of dollars of crocodile and snakeskin handbags into the US.
The Wealthy are Less Willing to Spend on Sustainable Products
Millennial and Gen-Z respondents were among the most likely to pay a premium for environmental-friendly practices.