Frédéric Malle Steps Down From Namesake Brand
Frédéric Malle announced on Apr. 18 that he will be leaving his brand Editions de Parfums Frédéric Malle at the end of June.
Maria Raga
Maria Raga on Why Community Is Central to Depop’s Success
The chief executive of the online peer-to-peer marketplace believes the platform’s ability to connect people sets it apart from typical fashion e-commerce.
The BoF Podcast: The Rise of the Resale Economy
Vestiaire Collective’s Max Bittner and Depop’s Maria Raga discussed the opportunities and growing pains of the burgeoning resale market at VOICES 2019.
Is Resale Actually Good for the Planet?
The companies cashing in on fashion’s fast-growing resale market are positioning themselves as a solution to the industry’s sustainability problems. But the reality is far more complex.
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.
Sustainability
Resale’s Growing Pains
According to GlobalData, the resale market will exceed $50 billion in 2023 — up from $24 billion last year. Max Bittner, CEO of the Paris-based reseller Vestiaire Collective, joins peer-to-peer platform Depop’s CEO Maria Raga in a discussion about the burgeoning resale economy moderated by BoF’s Sarah Kent.
Resale’s Growing Pains
According to GlobalData, the resale market will exceed $50 billion in 2023 — up from $24 billion last year. Max Bittner, CEO of the Paris-based reseller Vestiaire Collective, joins peer-to-peer platform Depop’s CEO Maria Raga in a discussion about the burgeoning resale economy moderated by BoF’s Sarah Kent.
Power Moves | Bottega Veneta Names CEO, Vetements' New Collection Director
This week, Bottega Veneta appointed Claus-Dietrich Lahrs as chief executive officer, and Nina Nitsche joins Vetements.
The News in Brief
With Succession in Focus, LVMH Adds Alexandre and Frédéric Arnault to Board
The two brothers join older siblings Antoine and Delphine, meaning that 4 out of Arnault’s 5 heirs now serve on the board. Bernard Arnault, age 75, has placed his controlling interest in LVMH in a stock-share partnership aimed at perpetuating family control.
Arnault Says He Hopes Tensions With China on Luxury Quiet Down
Billionaire Bernard Arnault said he hopes a planned visit to France next month by China’s Xi Jinping will help smooth trade relations between Paris and Beijing.
Vita Liberata Bought Back By Founder
Alyson Hogg, who founded the luxury tanning brand in 2003, has reacquired it from Crown Laboratories.
Swiss Watch Exports Plunge as China and Hong Kong Demand Dries Up
Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged.
Asos Says It Will Take ‘Necessary Actions’ After 18% Drop in Sales
Asos has said it will take “necessary actions” to transform its fortunes after the fast fashion retailer’s first-half losses widened and sales fell by nearly a fifth.
TikTok Divest-or-Ban Bill Heads to Fast Track in US Congress
The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson.
Lagardère Group Launches Egyptian Edition of Elle Magazine
The French publisher has appointed Tunis-based firm Nissa Editions Group as the local licensing partner and Cairo-based fashion media veteran Susan Sabet as both managing director and editor-in-chief of the new title.