Why Fashion Needs the Art World More Than Ever Art Basel Miami Beach has solidified its position as a cultural tentpole, drawing America’s wealthiest individuals and an increasingly diverse art customer base. This convergence of art and affluence is not just a display of aesthetic appreciation; it signifies a significant opportunity for the fashion industry […]
Prada’s Plan for Growing in a Luxury Downturn
Prada’s Plan for Growing in a Luxury Downturn In the realm of luxury fashion, the concept of ‘polyhedric brand equity’ has become increasingly crucial. It’s a term that embodies the multifaceted nature of a brand’s reputation, influence, and desirability across various dimensions. When it comes to polyhedric brand equity, few names shine as brightly as […]
The BoF Podcast | Alessandro Michele and Jacopo Venturini on the New Valentino
In a compelling episode of the BoF Podcast, editor-at-large Tim Blanks engages with Alessandro Michele, the newly appointed creative director of Valentino, alongside Jacopo Venturini, the brand’s CEO. This discussion, held at BoF VOICES 2024, offers a unique glimpse into the synergy of creativity and business that drives the iconic Roman couture house. A Reunion […]
Elon Musk Introduces Aurora Image Generator to X: A New Era of Visual Content Creation
In a significant move for the digital content landscape, Elon Musk has launched the Aurora image generator on X, previously known as Twitter. This innovative tool is designed to create photorealistic images through the power of artificial intelligence, enabling users to generate compelling visual content with just a few prompts. However, this breakthrough has sparked […]
Fixing Luxury’s Value for Money Problem
As luxury brands continue to flourish, they face a critical juncture where their value proposition is under intense scrutiny. The COVID-19 pandemic brought unprecedented demand for luxury goods, which many brands capitalized on by increasing prices drastically. While these brands thrive in revenue growth, they encounter a pressing need to rethink their approach toward creativity, […]
BoF VOICES 2024: The Power of Purpose
The recent BoF VOICES 2024 event provided a powerful platform for discussions around courage and the significance of purpose in a world filled with division and conflicting narratives. Notable figures, such as former model and advocate Bethann Hardison, drag queen Nicky Doll, and social media influencers Nara and Lucky Blue Smith, shared their personal journeys […]
Adobe Launches AI Tools That Compensate Stock Image Creators
In a bold move that blends technology with traditional artistry, Adobe has introduced groundbreaking AI tools designed to modify stock images while ensuring that the original creators receive fair compensation. This initiative comes at a time when Adobe seeks to reinforce its position in the competitive landscape of digital creativity, especially as newer competitors like […]