Member Exclusives
Chanel Pulls Back on Price Hikes as Sales Fall 4%
The French couture and beauty giant is easing off punchy price increases and investing in new markets including India, Mexico and Canada, CEO Leena Nair and CFO Philippe Blondiaux told BoF, as sales slid for the first time since 2020.
Art Basel to Launch New Fair in Qatar
The organisation’s fifth art fair, set to take place in Doha in February, is its first foray into the wealthy Middle East market.
Worldview | Australian Fashion Week Pulls Back From the Brink
This week’s round-up of global markets fashion business news also features Kenya’s anxious garment manufacturers, Singapore’s Shopee and the perilous leather industry in Brazil.
Can Gaming Go Glam?
The new makeup brand Godmode, co-founded by the actress Chloë Grace Moretz and the pop star Rina Sawayama, has alter-egos, backstories, highlighters, lip liners and everything but its own video game. Can it hook gamers anyway?
Fashion’s Recycling Start-Ups Inch Closer to Commercialisation
Over the last month, a flurry of companies with backers from H&M to Inditex have advanced plans to build their first industrial-scale textile-to-textile recycling plants, advancing a technology that is often held up as a holy-grail-like solution to many of fashion’s environmental ills.
Fashion’s Recycling Start-Ups Inch Closer to Commercialisation
Over the last month, a flurry of companies with backers from H&M to Inditex have advanced plans to build their first industrial-scale textile-to-textile recycling plants, advancing a technology that is often held up as a holy-grail-like solution to many of fashion’s environmental ills.
With Financing Push, Saks Global Looks to Buy Some Time
A deal to secure $500 million in new financing may push out a reckoning. But falling sales, looming payments to vendors and creditors continue to dog the luxury retailer’s post-merger vision.
The End of the Lipstick Index
After years of double-digit growth and a perception of being impervious to wider economic downturns, the beauty industry is finding that cash-strapped customers aren’t interested in “little luxuries.”
What’s the Carbon Footprint of Your Shoes?
Efforts to map the footwear industry’s carbon footprint have lagged behind those in fashion. A new study aims to start addressing that.
When Parke Pops Up, Gen-Z Comes Out
The apparel brand, which has become a viral sensation on TikTok, hosted its largest pop-up yet over the weekend, attracting long lines of devoted fans.
System Launches New Bi-Annual ‘System Collections’
The title could provide a handy source of new revenue for the Anglo-French magazine.
This Week: Liberation Day’s Long Tail
As more retailers report earnings, the industry is hoping more countries follow China in reaching agreements to lower tariffs.
The Next Sneaker Powerhouse?
Dick’s Sporting Goods’ surprise purchase of Foot Locker sets it up to be a major new player in the global sneaker market — if it can execute on its vision.