The iconic shopping street of Milan, known as Via Monte Napoleone, has recently earned the title of the world’s most expensive shopping destination. With retail rents surpassing €20,000 per square meter, this 350-meter stretch has outpaced even New York’s Fifth Avenue, which has long held its status as a luxury retail powerhouse. For those in […]
What Will Happen to Fashion If the World Misses Its Climate Targets?
As we approach the end of 2024, alarming new reports highlight the fashion industry’s precarious position in the context of climate change. Just this year, the world reached a critical milestone — for the first time, it breached 1.5 degrees Celsius of warming above pre-industrial levels. The implications of exceeding this threshold are profound, particularly […]
How to Choose a PR Agency
In the dynamic world of fashion and consumer goods, selecting a public relations (PR) agency has never been more vital yet increasingly intricate. With the landscape reshaped by social media and rapid communication, the importance of finding a partnership that aligns with brand goals is paramount. As exemplified by designer Elena Velez, who sought a […]
Frasers Calls for Removal of Boohoo Director Mahmud Kamani
In a striking move within the competitive landscape of the UK retail sector, Mike Ashley’s Frasers Group Plc has prompted Boohoo Group Plc’s shareholders to oust co-founder Mahmud Kamani from his directorial position. This call for action stems from claims of ineffective governance and financial mismanagement, marking another chapter in the ongoing tussle between two […]
Worldview | Australian Fashion Week Will Go Ahead Despite IMG’s Exit
Australian Fashion Week (AFW) is set to proceed next year, despite the recent departure of IMG, the global events company that managed the platform for nearly two decades. As the Australian Fashion Council (AFC) steps in to oversee the event, uncertainties linger regarding its format, location, and operational strategy, prompting discussions around the future of […]
How Fashion Is Shaking Up Its Global Sourcing Strategies
The landscape of global trade has experienced seismic shifts over the past few years, particularly in the fashion industry. A recent report by BoF and McKinsey highlights the urgency with which brands are adapting their sourcing strategies in response to rising costs, changing trade policies, and geo-political upheavals. This nuanced shift points towards a more […]
BoF VOICES 2024 Concludes With Gala Celebration
The ninth edition of BoF VOICES has come to a glamorous conclusion with a gala that recognized the evolving narrative in the fashion industry and the broader world. Hosted in Oxfordshire, UK, the event gathered a diverse group of professionals and creatives who converged to share insights, explore contemporary challenges, and celebrate progress amidst a […]
Starmer Plans to Leave Scrutiny of Shein IPO to UK Regulator
In a significant move within the ongoing discourse surrounding corporate governance, the UK government has decided to delegate the examination of Shein’s initial public offering (IPO) in London to the Financial Conduct Authority (FCA). This decision comes amid calls for more thorough scrutiny of Shein’s labor practices, specifically regarding allegations of using forced labor linked […]
Phillip Lim Exits 3.1 Phillip Lim
In a significant shift for the New York-based contemporary brand, Phillip Lim has announced his departure from the role of creative director at 3.1 Phillip Lim, a label he co-founded with CEO Wen Zhou in 2005. This decision comes on the heels of the brand celebrating its 20th anniversary during the Spring/Summer 2025 runway show, […]
The Debrief | Inside Luxury’s Slowdown
The luxury sector is witnessing a noticeable downturn after enjoying nearly a decade of robust growth. Esteemed brands such as Louis Vuitton, Gucci, and Chanel have significantly raised their prices, often with consumers willing to pay, until recently. However, recent quarterly reports paint a different picture. Companies are experiencing disappointing revenues, prompting a deeper examination […]