New York City recently served as the backdrop for an essential event in the sustainability sphere, known as Climate Week. Although the majority of the fashion industry was fixated on upcoming shows in Milan and Paris, the focus on sustainability took center stage in New York. This week-long event drew the attention of industry leaders, […]
Announcing Eileen Fisher and Helen Kaminski
The fashion industry continues to shape not just style but also how businesses interact with customers, and this week, BoF Careers introduces two notable partners: Eileen Fisher and Helen Kaminski. These brands exemplify the blend of sustainability and luxury in a rapidly changing marketplace, presenting exciting career opportunities. Eileen Fisher, established in New York in […]
Luxury Stocks Set for Best Week in Years as China Fuels Revival
The European luxury goods market has undergone a remarkable transformation over the past week, bouncing back from a year of decline. This sharp rebound comes on the heels of renewed investor optimism triggered by China’s commitment to ramp up economic stimulus. Just five days into this upswing, a Goldman Sachs index tracking luxury companies is […]
Introducing the BoF 500 Class of 2024
The Business of Fashion (BoF) has unveiled its BoF 500 Class of 2024, showcasing 100 new additions to its authoritative index. This list celebrates individuals who significantly impact the global fashion industry, from designers and media professionals to executives and influencers. When the BoF 500 initiative began in 2013, the aim was clear: to highlight […]
Euroitalia Acquires Moschino Beauty Brand From Aeffe
In a significant shift within the luxury beauty market, Italian fragrance powerhouse Euroitalia has successfully purchased the beauty rights of the famed Moschino brand from Aeffe for €98 million (approximately $110 million). This acquisition, announced on September 26, 2024, marks a pivotal moment for both parties involved, especially given Aeffe’s ongoing challenges with sales and […]
Beauty Is Still Defiance
In the realm of fashion, the interplay between beauty and defiance has often charted a complex narrative. Paris Fashion Week, a confluence of creativity and craftsmanship, showcases this dynamic through the lens of influential designers. This season, the spotlight shines brightly on Rick Owens and Chemena Kamali from Chloé, who demonstrate how beauty can serve […]
Moncler CEO Strengthens Grip on Company With LVMH Deal
Moncler’s Chairman and CEO Remo Ruffini has enhanced his control over the luxury outerwear brand through a strategic partnership with LVMH Moët Hennessy Louis Vuitton. This arrangement not only reinforces Ruffini’s leadership but also solidifies LVMH’s preeminence in the luxury sector. With Moncler boasting remarkable growth in recent years, the company had been considered a […]
First Came the $100 Wide-Leg Jeans. Then the $700 Shopping Spree
The fashion industry is once again witnessing a fascinating transformation, one that is intricately linked to the resurgence of wide-leg jeans. Retail giants like Gap, Madewell, and Lululemon have quickly adapted to this trend, effectively reshaping their product offerings and modifying marketing strategies to cater to a growing demand among consumers, particularly teenage girls and […]
Swatch CEO Says ‘Nothing New’ in Buyout Talk Lifting Stock
In a recent interview with Bloomberg, Nick Hayek, the CEO of Swatch Group AG, articulated that discussions concerning taking the company private are “pure speculation.” While he retains an interest in the idea, he remains cautious given the current share price fluctuations. Such statements have prompted significant attention and volatility in Swatch’s stock, leading to […]
Tod’s Group Appoints John Galantic CEO
In a significant leadership shift, Tod’s Group, the iconic Italian luxury fashion house, has announced the appointment of John Galantic as its new CEO. This decision signifies a strategic move aimed at revitalizing the brand and steering it through challenging market conditions. Galantic, who previously served as President and COO at Chanel, steps into the […]