African Designer Platform The Folklore Raises $3.4 Million
The capital injection will aid the company’s pivot from being an e-commerce site to being a business-to-business venture helping emerging brands enter US retailers.
Teddy Quinlivan
Nicolas Ghesquière Speaks Out Against LVMH’s Donald Trump Ties
Following Trump's appearance at the opening of a new Louis Vuitton factory in Texas, the house’s women’s artistic director took to Instagram to condemn the US president.
The Business of Casting Queer Models
Rising demand for LGBTQIA+ models is being driven by marketing as much as by social responsibility. But whatever the motives, greater visibility can help fight marginalisation.
In Paris, The #BoF500 Symposium Sparks Conversation on Inclusivity
At a Sunday morning symposium, Sinead Burke, Jillian Mercado, Dapper Dan, Chika Oranika and Phillip Picardi broke down how the fashion industry can become more inclusive on gender, race and ability.
Transformational Defiance at Maison Margiela
In the midst of our deeply chaotic nowness, John Galliano nailed the moment.
The 2018 #BoF500 Revealed
The Business of Fashion is proud to unveil the sixth annual BoF 500: the people shaping the global fashion industry in 2018.
10 Revelations Buried in Farfetch’s IPO Filing
The fashion unicorn’s F-1 filing with US securities regulators contains previously undisclosed information on the company’s operations and financials.
Missoni, A Fabulous Timeless Machine
Successfully integrating menswear and womenswear for the first time was a testament to the brand’s constant ability to reinvent itself.
Social Goods | Vogue Criticised For Unpaid Internships, Why Olympic Uniforms Are Political
This week, British Vogue is under investigation for its unpaid 'work placement' programme, while North and South Korea's joint Olympics uniforms are scrutinised.
Company Snapshot
Having walked the runway for the likes of Gucci, Dior and Louis Vuitton, Quinlivan became a role model after coming out as transgender in 2017.
The News in Brief
Adidas Is Seeing Hot Demand for Sambas and Yeezys
The German sportswear company now expects to generate operating profit of around €700 million ($743 million), an increase from the previous target of €500 million.
Sephora, Perfumes and Cosmetics Drive LVMH Sales Growth
Amid a luxury slowdown, strong performance by LVMH’s perfumes and cosmetics and selective retailing divisions show a healthy appetite for beauty.
Dr Martens Shares Plunge as Tough Outlook Sets Challenge for New CEO
The company, which named chief brand officer Ije Nwokorie as its next CEO, said it was anticipating a double-digit percentage decline in US wholesale revenues, which would dent overall profits.
Procter & Gamble Price Hikes Thin Shoppers’ Wallets
Rising prices of personal care products could quash Americans’ habit of buying big-brand-name items for their household pantries, posing a threat to Procter & Gamble, one of the world’s biggest makers of packaged goods.
Traders Fear Antitrust Risk in $8.5 Billion Deal Between Coach, Michael Kors Owners
The merger arbitrage investor community turned increasingly bearish on the deal last week, as they interpreted some comments from FTC officials at a conference as negative for the deal.
US Retail Sales Top Forecasts as Consumers Keep Fuelling Growth
The value of retail purchases, unadjusted for inflation, increased 0.7 percent from February, Commerce Department data showed Monday.
Tapestry Merger With Versace Owner Capri Gets EU, Japan Approval
The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and Versace under one roof, still awaits approval from the United States.