Tag: Challenges in Fashion Industry

L’Oréal to Acquire Kering Beauty Portfolio for $4.6 Billion

L’Oréal Strengthens Beauty Empire with $4.6 Billion Acquisition of Kering Beauty Portfolio In a strategic move to expand its already vast beauty empire, L’Oréal recently made headlines with the announcement of its acquisition of Kering’s beauty brands and licenses for its prestigious fashion house names. The deal, valued at a staggering $4.6 billion, marks a […]

Hermès Men’s Artistic Director Véronique Nichanian Steps Down

Hermès Men’s Artistic Director Véronique Nichanian Steps Down After an impressive tenure of 37 years at the helm of Hermès as the Men’s Artistic Director, Véronique Nichanian has decided to step down. This announcement has sent ripples through the fashion industry, as Nichanian has been instrumental in shaping the luxury brand’s menswear aesthetic and identity […]

How Budapest Central European Fashion Week Became a Talent Incubator

Budapest Central European Fashion Week: The Talent Incubator of Central Europe’s Fashion Scene Budapest Central European Fashion Week has emerged as a pivotal event, not just for Hungary but for the entire Central European fashion landscape. By positioning the Hungarian capital as a gateway to the region’s fashion market, this annual event has become a […]

Vestiaire Collective Chief Executive Max Bittner Exits

Vestiaire Collective Chief Executive Max Bittner Exits The winds of change are blowing at Vestiaire Collective as Chief Executive Max Bittner bids adieu to the luxury resale platform. Stepping into his shoes is CFO Bernard Osta, a seasoned professional with a background in investment banking who joined the company in 2021. The transition is set […]

Fashion Critic Rachel Tashjian Joins CNN

Fashion Critic Rachel Tashjian Joins CNN The winds of change are blowing in the world of fashion journalism as Rachel Tashjian, a prominent figure in the field, makes a significant career move. Tashjian, known for her sharp analysis and unique perspective, has recently bid farewell to The Washington Post, where she made a name for […]

Trump’s New H-1B Visa Fee Will Cost Fashion, Too

Trump’s New H-1B Visa Fee Will Cost Fashion, Too In a recent turn of events, the fashion industry is set to face significant challenges as the Trump administration imposes a hefty fee of $100,000 for H-1B visas, a move that could have far-reaching implications for the sector. According to a Business of Fashion (BoF) analysis […]

Can Kim Kardashian Conquer Activewear?

Can Kim Kardashian Conquer Activewear? Kim Kardashian West, the multi-hyphenate mogul known for her influential presence in the fashion and beauty industries, is now setting her sights on conquering the activewear market. With the launch of NikeSkims, a high-profile partnership between her own brand Skims and sportswear giant Nike, Kardashian West is poised to test […]

Top 10 Shows of Autumn/Winter 2018

Top 10 Shows of Autumn/Winter 2018 As the fashion month comes to a close, it’s time to reflect on the standout moments that graced the runways of Autumn/Winter 2018. The season was filled with creativity, innovation, and a touch of nostalgia, but some shows truly stole the spotlight. BoF has curated a list of the […]

Women’s Ski Brand Halfdays Raises $10 Million Series A

Women’s Ski Brand Halfdays Raises $10 Million Series A Women’s ski brand Halfdays is making waves in the industry with its recent success in securing a substantial $10 million in Series A funding. The funding round was led by prominent investors including Kellwood Company, Dicks Sporting Goods Ventures, and model Taylor Hill. This significant investment […]

EU Parliament Plans More Cuts to Sustainability Rules

EU Parliament Plans More Cuts to Sustainability Rules The European Union Parliament is gearing up to enforce stricter regulations on sustainability practices within the fashion industry. Brussels is currently in the midst of negotiations to amend a pivotal regulation that would hold major fashion brands accountable for any environmental and labor violations occurring within their […]

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