The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
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LONDON, United Kingdom — These last few months have hit the entire fashion industry hard, but independent designers are among those particularly hard-pressed. Without a financial safety net to rely on, many have faced existential crises, but there’s also opportunities for fresh creativity and a new approach to business. In the latest episode of #BoFLIVE, BoF Founder and Editor-in-Chief Imran Amed speaks with designers Phillip Lim and Prabal Gurung about what the future of the industry might look like for fashion’s independent businesses.
To participate in #BoFLive, BoF’s digital events series offering insight, advice and inspiration, visit our calendar where you can find details of upcoming digital events.
This week, more luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get.
Fashion brands are edging in on the world’s largest gathering of design professionals and their wealthy clients, but design companies still dominate the sector, which is ripe for further consolidation, reports Imran Amed.
Blocking the deal would set a new precedent for fashion M&A in the US and leave Capri Holdings in a precarious position as it attempts to turn around its Michael Kors brand.
After preserving his fashion empire’s independence for decades, the 89 year-old designer is taking a more open stance to M&A.