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.
Sébastien Fabre
Vestiaire Collective Eyes International Expansion After $45 Million Funding Round
French investment bank Bpifrance and CEO Max Bittner led the financing, enabling the Paris-based social luxury resale platform to enter new markets and invest in tech.
Power Moves | Vestiaire Collective Names CEO, Condé Nast Appoints New Communications Chief
This week, Vestiaire Collective hires Maximilian Bittner as its new CEO, while Condé Nast names Joseph Libonati as communications chief.
Can Paris Grow Its Fashion-Tech Game?
Backed by the likes of President Macron and LVMH, the world’s fashion capital is rolling out the red carpet for tech start-ups as well as designer labels. BoF goes behind the hype.
Fashion’s Power Players Celebrate at the #BoF500 Gala
Selena Gomez, Adwoa Aboah and other industry catalysts from around the world celebrated the BoF 500 at a New York Fashion Week dinner topped off by live musical performances.
Company Snapshot
He founded the Paris based re-commerce platform for luxury fashion before departing the company in 2018.
The News in Brief
Playground Closes $2 Million in Funding Round
The intimate wellness brand completed its first institutional raise after seeing 700 percent revenue growth and is launching in Target.
Galderma Sales Top $1 Billion, Led by Injectables
The public company reported strong sales, as demand for its dermatological skincare and injectable products surged.
EU Parliament Approves Ban of Products Made With Forced Labour
The European Parliament approved rules on Tuesday to ban in the EU the sale, import and export of goods made using forced labour.
Unilever India Is Losing Foreign Shareholders on High Valuations
Global investors have cut holdings of Hindustan Unilever Ltd. to a four-year low as the company grapples with weak consumer demand and rising competition.
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.
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.