Zegna Revenues Rise 7.4%
The Italian luxury group’s first-quarter performance surpassed market expectations powered by solid growth in direct-to-consumer sales in the US.
technology / Manufacturing
Technology
Explainer: How Fashion Brands Should Prepare for Mandatory Digital Product Passports
The deadline for every fashion item sold in the EU to have its own digital identity is inching closer. Brands need to get ready.
Explainer: How Fashion Brands Should Prepare for Mandatory Digital Product Passports
The deadline for every fashion item sold in the EU to have its own digital identity is inching closer. Brands need to get ready.
Technology
The Fashion AI Startups to Watch
BoF highlights 17 AI-powered startups that have raised more than $400 million in the last five years by offering design, operation and shopping services that promise to help brands and retailers reduce costs and increase innovation.
The Fashion AI Startups to Watch
BoF highlights 17 AI-powered startups that have raised more than $400 million in the last five years by offering design, operation and shopping services that promise to help brands and retailers reduce costs and increase innovation.
Technology
The Best of BoF 2024: Finding Technology’s Value
Technology was forced to prove its worth this year as businesses sought practical use cases for AI and data analytics amid a tough consumer environment that brought a few high-profile businesses crashing back down to earth.
The Best of BoF 2024: Finding Technology’s Value
Technology was forced to prove its worth this year as businesses sought practical use cases for AI and data analytics amid a tough consumer environment that brought a few high-profile businesses crashing back down to earth.
Partner Content
Understanding the Potential of Digital Product Passports
New regulations from the European Commission will require fashion and other consumer goods to be fitted with unique digital product passports as early as 2026. At BoF’s VOICES 2023, the CEO of Arianee demystifies the future of digital product passports and their ability to reimagine fashion brands’ revenue stream.
Understanding the Potential of Digital Product Passports
New regulations from the European Commission will require fashion and other consumer goods to be fitted with unique digital product passports as early as 2026. At BoF’s VOICES 2023, the CEO of Arianee demystifies the future of digital product passports and their ability to reimagine fashion brands’ revenue stream.
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Entrepreneurship
How War Changed Ukrainian Brand Sleeper
When Russia invaded early last year, the Kyiv-based brand — known for its viral feathered party pyjamas — was forced into survival mode. Now, founders Asya Varetsa and Kate Zubarieva are ready to speed up growth and introduce a new Sleeper, starting with a fresh logo.
How War Changed Ukrainian Brand Sleeper
When Russia invaded early last year, the Kyiv-based brand — known for its viral feathered party pyjamas — was forced into survival mode. Now, founders Asya Varetsa and Kate Zubarieva are ready to speed up growth and introduce a new Sleeper, starting with a fresh logo.
Retail
Diamond Prices Are in Free Fall in One Key Corner of the Market
One of the world’s most popular types of rough diamonds has plunged into a pricing free fall, as an increasing number of Americans choose engagement rings made from lab-grown stones instead.
Diamond Prices Are in Free Fall in One Key Corner of the Market
One of the world’s most popular types of rough diamonds has plunged into a pricing free fall, as an increasing number of Americans choose engagement rings made from lab-grown stones instead.
News & Analysis
Walmart, Centric Probe Suppliers For Potential Links to Cambodia Women’s Prison
Walmart and Centric Brands are investigating their supply chains in Cambodia over allegations that inmates at the country’s largest women’s prison were illegally employed to produce garments for export.
Walmart, Centric Probe Suppliers For Potential Links to Cambodia Women’s Prison
Walmart and Centric Brands are investigating their supply chains in Cambodia over allegations that inmates at the country’s largest women’s prison were illegally employed to produce garments for export.
Sustainability
Start-Ups Are Vying to Fix One of Fashion’s Fossil-Fueled Secrets
Transferring dye to fabric is incredibly carbon-intensive. Newer sustainable techniques, including colouring with carbon dioxide, may help.
Start-Ups Are Vying to Fix One of Fashion’s Fossil-Fueled Secrets
Transferring dye to fabric is incredibly carbon-intensive. Newer sustainable techniques, including colouring with carbon dioxide, may help.
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Direct-to-Consumer
Should DTC Brands Open Their Own Factories?
Some digitally native start-ups are buying or building factories to cut production times and control quality. But not every company is built to handle manufacturing themselves.
Should DTC Brands Open Their Own Factories?
Some digitally native start-ups are buying or building factories to cut production times and control quality. But not every company is built to handle manufacturing themselves.
Luxury
Case Study | Inside Hermès’ Best-in-Class Leather Goods Strategy
How a unique approach to supply chain, design, communications and retail has powered blockbuster demand for iconic bags like the Birkin and Kelly, enabling the French leather goods house to face down rivals and become a global megabrand with a market capitalisation greater than Nike’s.
Case Study | Inside Hermès’ Best-in-Class Leather Goods Strategy
How a unique approach to supply chain, design, communications and retail has powered blockbuster demand for iconic bags like the Birkin and Kelly, enabling the French leather goods house to face down rivals and become a global megabrand with a market capitalisation greater than Nike’s.
Sustainability
Reformation’s IPO Push Bets on Going Green in $200 Eucalyptus Pants
Fast-growing womenswear maker Reformation will be the next big test of whether a brand pitching sustainability can win over a wider audience and deliver on environmental promises.
Reformation’s IPO Push Bets on Going Green in $200 Eucalyptus Pants
Fast-growing womenswear maker Reformation will be the next big test of whether a brand pitching sustainability can win over a wider audience and deliver on environmental promises.
Sustainability
Will Fashion’s Next Generation of Materials Be Brewed Like Beer?
Japanese sportswear group Goldwin and biotech start-up Spiber are set to test the market for lab-grown materials with collections for brands including North Face and Woolrich this fall.
Will Fashion’s Next Generation of Materials Be Brewed Like Beer?
Japanese sportswear group Goldwin and biotech start-up Spiber are set to test the market for lab-grown materials with collections for brands including North Face and Woolrich this fall.
The News in Brief
Inventory Clean-Up Helps Puma Beat First-Quarter Expectations
The German sportswear maker also announced it had appointed former Hugo Boss CEO Mark Langer as its chief financial officer, effective Friday.
Oil Prices Soar to Wartime High with US and Iran Stuck in Standoff
Brent oil surged to more than $126 a barrel on Thursday, before paring gains to $121.40 as traders factor in an even longer closure of the Strait of Hormuz.
Reliance Retail Acquires Priyanka Chopra Jonas’ Hair Care Brand Anomaly
The company will leverage its omnichannel network to scale the label, citing India as a priority market.
Estée Lauder Considers Bid for Puig at €18-19 per Share, Source Says
Cosmetics giant Estée Lauder is considering launching a takeover bid for all of Puig’s Class B shares at 18 to 19 euros ($21 to $22.20) a share, said a source close to the matter.
Unilever Sales Rise on Strong Demand in India, Brazil
The UK multinational’s sales rose more than expected as consumers in emerging markets snapped up its cleaning products and Dove soap, offsetting lacklustre demand in the US.
EBay Forecasts Second-Quarter Revenue Above Estimates
The company's strategy to pivot away from low-value, high-volume items is gaining traction.
LVMH Watch Boss Sees Jean Arnault as Best Candidate for His Role
Jean-Christophe Babin, the head of LVMH’s watch division, said he’s ready for a phased retirement.