Warby Parker Reaches Full Profitability, Lowers Outlook Warby Parker, the disruptive eyeglass maker, has reached a significant milestone by generating its first net profit as a public company in the first quarter of the year. This achievement marks a turning point for the company, which has been steadily growing its market share and revolutionizing the […]
Unilever to Invest $1.5 Billion in Mexico, Including New Factory
Unilever’s $1.5 Billion Investment in Mexico: A Strategic Move Towards Growth Unilever, the renowned consumer goods giant, has recently announced a significant investment of $1.5 billion in Mexico, marking a strategic move aimed at expanding its presence and operations in the region. A substantial portion of this investment, approximately $407 million, is earmarked for the […]
Michael Chalhoub’s Strategic Roadmap for Chalhoub Group
Michael Chalhoub’s Strategic Roadmap for Chalhoub Group After his first 100 days as chief executive officer of Chalhoub Group, Michael Chalhoub recently shared insights on the state of luxury in the MENA region and the strategic next steps for the third-generation leader. In a discussion with Imran Amed, BoF’s founder and CEO, at BoF CROSSROADS […]
Zegna Group Revenues Down 1% as Wholesale Struggles and DTC Grows
Zegna Group Revenues Down 1% as Wholesale Struggles and DTC Grows Italian luxury fashion house Zegna Group has recently reported a 1% decrease in revenues, reflecting the challenges faced by the wholesale sector while witnessing growth in Direct-to-Consumer (DTC) channels. This shift in revenue streams signifies a broader trend in the fashion industry as consumer […]
The Ounass Formula for a Successful Brand Activation
The Ounass Formula for a Successful Brand Activation At BoF CROSSROADS 2025 in Dubai, Imran Amed, BoF’s founder and CEO, sat down with Khalid Al Tayer, CEO of luxury e-commerce platform Ounass, to unpack his strategy for success when launching a global brand in the Gulf. In the competitive landscape of luxury e-commerce, standing out […]
The BoF Podcast | Sabyasachi on Building a Global Brand from the Global South
The BoF Podcast | Sabyasachi on Building a Global Brand from the Global South Renowned fashion designer Sabyasachi Mukherjee recently sat down with BoF founder and CEO Imran Amed at BoF CROSSROADS 2025 to delve into the intricacies of establishing a global brand on one’s own terms. The conversation shed light on Mukherjee’s readiness to […]
Toyota doubles down on electric vehicles as others pull back, eyes 35% shift by 2030
Toyota Doubles Down on Electric Vehicles as Others Pull Back, Eyes 35% Shift by 2030 While the world sprinted toward an electric future, Toyota stood still. But the Japanese carmaker has made a significant pivot in its strategy, now doubling down on electric vehicles as others in the industry seem to be pulling back. This […]
Vogue World: Hollywood Shifts Focus to Film Industry Fire Relief
Vogue World: Hollywood Shifts Focus to Film Industry Fire Relief In a remarkable display of solidarity and support, Vogue, the iconic fashion and lifestyle magazine, is making a significant impact on the film industry by directing its attention towards a crucial cause. The magazine’s fourth annual fashion and entertainment event is not just about glitz […]
Op-Ed | Target’s DEI Flip-Flop Came at a Price
Op-Ed | Target’s DEI Flip-Flop Came at a Price In the world of retail, decisions made by major corporations reverberate far beyond boardrooms and balance sheets. Recently, Target made headlines when it backtracked on its commitment to diversity, equity, and inclusion (DEI) initiatives, a move that has had significant repercussions. Early data now indicates that […]
The Body Shop’s Suppliers to Receive No More Than a Quarter of £219 Million Owed
The Body Shop’s Suppliers to Receive No More Than a Quarter of £219 Million Owed The Body Shop, a renowned ethical beauty retailer, is facing a challenging situation as it navigates through the aftermath of falling into administration. With approximately £219 million ($284 million) owed to its suppliers, the company has announced that these creditors […]