Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
Stefano Tonchi
Stefano Tonchi’s Next Move
The former W magazine editor and George co-founder Michael J Berman are betting on luxurious print publications for wealthy American enclaves, starting with Palm Beach.
Power Moves | Kylie Cosmetics Names CEO, Lululemon Appoints First Chief Brand Officer
This week, Kylie Jenner’s namesake cosmetics line names its CEO, while Lululemon taps a former Nike executive for chief brand officer.
Despite W’s Woes, There’s Still Space for Good Magazines
Giant audience numbers won’t save American magazines from obsolescence, but being excellent just might give a few choice titles a chance at long-term survival.
In StockX’s Crystal Ball: The Future of the Sneaker Market
This week, StockX became the world’s first billion-dollar sneaker reseller. BoF looks into the crystal ball of the company’s transactions data to unearth five trends on the direction of the fast-growing market for sneakers.
Ousted W Editor Stefano Tonchi Sues Condé Nast Owner
The former editor is asking for damages totalling nearly $1.1 million.
Stefano Tonchi Exits W After Acquisition by Surface Magazine Owner
Marc Lotenberg, chief executive and chairman of the newly formed Future Media Group, has named Style Director Sara Moonves editor-in-chief after acquiring the fashion magazine from Condé Nast.
How Vogue Is Selling Access
The second annual Forces of Fashion conference mixed fashion fans with designers and editors. Next up? An exclusive membership club designed to leverage Vogue’s community of editors into a new stream of revenue.
In Milan, the Burdens and Fantastical Flights of History
In Italy, the weight of the history can be unbearable, but Moncler and Gucci found ways to disrupt the past and give birth to the future.
Dolce & Gabbana Court Controversy. Are Their Sales Better for It?
In the internet age, picking industry fights and making off-colour comments may actually be good for business.
The Industry Remembers Azzedine Alaïa, A Fashion Original
The designer, whose passing was announced on Saturday morning, is remembered for his independence, compassion and creative genius.
News & Analysis
Fashion’s New Distance From Terry Richardson Is Too Little, Too Late
While Terry Richardson has become the poster child for fashion’s sexual harassment problem, photographers, editors, stylists, casting directors and others are known to routinely engage in misconduct in an industry where power dynamics disadvantage young women.
Fashion’s New Distance From Terry Richardson Is Too Little, Too Late
While Terry Richardson has become the poster child for fashion’s sexual harassment problem, photographers, editors, stylists, casting directors and others are known to routinely engage in misconduct in an industry where power dynamics disadvantage young women.
What Should Burberry Do Next?
The iconic British brand needs a refresh. Here’s what Christopher Bailey and Marco Gobbetti must do to get the business back on track.
Company Snapshot
A respected editor renowned for his uptown, high gloss aesthetic, Tonchi revived W Magazine's business following a post-recession decline in advertising.
The News in Brief
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship
The luxury goods maker is seeking pricing harmonisation across the globe, and adjusts prices in different markets to ensure that the company is”fair to all [its] clients everywhere,” CEO Leena Nair said.
Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Sales Rise More Than Expected, Led by Beauty
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.
Biden Signs Possible TikTok Ban Into Law; ByteDance Vows Legal Challenge
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
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.