EU Hits Fast-Fashion Giant Shein With New Digital Rules
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Investors with track records of predicting where fashion is headed have their own ideas of where the big opportunities lie in web3.
Fashion-tech visionaries gathered this week in New York for a BoF Professional Summit to assess and debate the industry’s next wave of technological transformation.
After public scandal threatened its ethical image, CEO Michael Preysman believes the L Catterton-backed disruptor can still win on radical transparency even as competitors lay claim to the sustainable fashion space.
The direct-to-consumer fashion and beauty space has flourished over the last decade, but the once fool-proof marketing rubric has aged in that time. BoF outlines how to update the DTC marketing playbook so brands can break through the saturated market.
The direct-to-consumer fashion and beauty space has flourished over the last decade, but the once fool-proof marketing rubric has aged in that time. BoF outlines how to update the DTC marketing playbook so brands can break through the saturated market.
Farfetch has raised $1.15 billion from three of the industry’s biggest players. Cartier- and YNAP-owner Richemont says the luxury sector needs a neutral, shared online platform. Will the deal lead to further consolidation in online luxury?
Farfetch has raised $1.15 billion from three of the industry’s biggest players. Cartier- and YNAP-owner Richemont says the luxury sector needs a neutral, shared online platform. Will the deal lead to further consolidation in online luxury?
Four months after renewed demands for racial justice hit the fashion and beauty industries, what — beyond symbolic gestures — has been done, and what will it take to make initiatives like the 15 Percent Pledge work?
The fashion marketplace sold record levels of merchandise and cut down on its losses as luxury shoppers pivoted online.
BoF identifies the 10 most transformative partnerships of the past 10 years.
At the star-studded gala, guests including Donatella Versace, Tom Cruise and Rihanna celebrated fashion’s hottest talents and looked to a more inclusive future.
A troubled technology and logistics makeover at the Richemont subsidiary interrupted the Swiss conglomerate’s grand plans to build a single platform for luxury e-commerce, amid growing competition for online sales.
Companies like Lola, Universal Standard and ThirdLove are tapping market opportunities that have long been in the blind spots of male entrepreneurs and investors.
Roni Helou, Krikor Jabotian and Zyne are among the winners of the award, which aims to support Arab designers. They will receive mentorship and up to $200,000.
She started one of the first luxury fashion e-tailers in the world and has now co-founded a venture capital firm.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.