LVMH Slide Signals No Quick End to Big Luxury’s Malaise The luxury industry has hit a rough patch, with LVMH, the sector bellwether, recently announcing a steep sales decline in its core fashion and leather goods division. This division is home to iconic brands like Louis Vuitton and Dior, making it a key indicator of […]
Trump’s Impact on Fashion Takes Shape
Trump’s Impact on Fashion Takes Shape The recent actions and statements made by US President-elect Donald Trump have sent shockwaves across various industries, including fashion. With a focus on trade policies, diversity, and consumer sentiment, Trump’s impact on the fashion world is beginning to take shape. One of the key areas where Trump’s influence is […]
Plastic Fast Fashion Is Driving Industry Emissions Higher
Plastic Fast Fashion Is Driving Industry Emissions Higher The fashion industry’s environmental impact has been a growing concern in recent years, with sustainability and carbon emissions at the forefront of discussions. A new report has shed light on a concerning trend: fashion’s carbon footprint grew by nearly 8 percent in 2023. This marks the first […]
The Executive Briefing: Gen-Z Blues, Quiet Sustainability and One Big Sneaker Deal
The Executive Briefing: Gen-Z Blues, Quiet Sustainability and One Big Sneaker Deal In the fast-paced world of business, staying informed about the latest trends and developments is crucial for success. This month, notable changes have taken place in various industries, signaling shifts in consumer preferences and market dynamics. From a significant merger in the sneaker […]
Fashion sector targeted again as Louis Vuitton confirms data breach
Fashion Sector Targeted Again as Louis Vuitton Confirms Data Breach The fashion industry has once again fallen victim to a data breach, with luxury brand Louis Vuitton confirming that they have been targeted by cybercriminals. This incident has raised concerns not only about the security of customer data but also about the transparency of companies […]
This Week: What’s Ailing Louis Vuitton?
Troubleshooting Louis Vuitton: Analyzing the Decline of LVMH’s Flagship Brand Louis Vuitton, the iconic luxury brand under the umbrella of LVMH, has long been a symbol of status, sophistication, and style. However, recent reports indicate that all may not be well within the world of LV. As LVMH gears up to announce another quarter of […]
The BoF Podcast | Jacques Marie Mage and the Transformative Power of Sunglasses
The BoF Podcast | Jacques Marie Mage and the Transformative Power of Sunglasses In the realm of luxury eyewear, one name stands out for its unique approach to design and storytelling: Jacques Marie Mage. Designer Jérôme Mage has successfully built a cult brand that is not just about sunglasses, but about the transformative power they […]
BoF Insights Gathers Industry Leaders to Explore What AI Can Teach Us About Sportswear Challenger Brand Strategies
BoF Insights: Unveiling AI’s Impact on Sportswear Challenger Brand Strategies In a recent gathering in New York, top industry leaders from VF Corp, Ugg, and other renowned brands convened at the invitation of BoF Insights, the data and advisory division of The Business of Fashion. The focal point of the event was a groundbreaking discussion […]
The Debrief | Fashion Braces for Impact As Trump Tariffs Returns
Fashion Braces for Impact As Trump Tariffs Return The global fashion industry is once again at a crossroads as the specter of Trump-era tariffs reemerges, sending shockwaves through apparel prices and supply chains. With brands now forced to play defense in the face of this new challenge, the landscape of fashion is set to undergo […]
The CEO You Hire When Your Brand Is in Trouble
The CEO You Hire When Your Brand Is in Trouble In the ever-competitive world of fashion and beauty, even the most renowned brands can find themselves facing turbulent times. From Kering to Nike to Everlane, companies are increasingly looking towards a specific type of leader to navigate them through stormy waters: the fixer CEO. These […]