Garage Clothing Owner Rides Y2K Fashion to $5.3 Billion Fortune
Andrew Lutfy, CEO and majority owner of Groupe Dynamite, saw his net worth surge to $5.3 billion after a sharp rise in shares following the company’s 2024 IPO.
leadership
Sports
A Memo to Elliott Hill on His First Day at Nike
The new CEO has a monumental task ahead of him as he begins work on Nike’s turnaround strategy. Success means resetting expectations, showing evidence of meaningful innovation, recapturing the attention of sneakerheads and earning the trust of retailers.
A Memo to Elliott Hill on His First Day at Nike
The new CEO has a monumental task ahead of him as he begins work on Nike’s turnaround strategy. Success means resetting expectations, showing evidence of meaningful innovation, recapturing the attention of sneakerheads and earning the trust of retailers.
Retail
How Zac Posen is Reenergising Gap Inc. | The BoF Podcast
BoF founder and editor in chief Imran Amed sits down with the newly-appointed creative director of Gap Inc. to explore how the latest chapter in his creative journey is changing the way he thinks about success and professional fulfilment.
How Zac Posen is Reenergising Gap Inc. | The BoF Podcast
BoF founder and editor in chief Imran Amed sits down with the newly-appointed creative director of Gap Inc. to explore how the latest chapter in his creative journey is changing the way he thinks about success and professional fulfilment.
Luxury
Gucci Names Stefano Cantino Its New CEO
The Italian executive, a veteran of Prada and Louis Vuitton, is replacing CEO Jean-François Palus as Kering’s flagship brand struggles to reignite consumer demand.
Gucci Names Stefano Cantino Its New CEO
The Italian executive, a veteran of Prada and Louis Vuitton, is replacing CEO Jean-François Palus as Kering’s flagship brand struggles to reignite consumer demand.
Workplace & Talent
Should Fashion Brands Still Make Employees Move for a Job?
In a post-pandemic working world, most companies recognise they can’t be as prescriptive about where their employees live and work — but increased flexibility has only made negotiations more complicated as both sides try to strike the right balance.
Should Fashion Brands Still Make Employees Move for a Job?
In a post-pandemic working world, most companies recognise they can’t be as prescriptive about where their employees live and work — but increased flexibility has only made negotiations more complicated as both sides try to strike the right balance.
Luxury
Francesca Bellettini’s Plan For Kering
Topping off a transformative tenure at Saint Laurent, the Italian executive and BoF 500 member is co-piloting fashion’s highest-stakes turnaround effort as owner Kering’s deputy CEO for brand development. Can Bellettini engineer a rebirth for the luxury giant and its flagship label Gucci?
Francesca Bellettini’s Plan For Kering
Topping off a transformative tenure at Saint Laurent, the Italian executive and BoF 500 member is co-piloting fashion’s highest-stakes turnaround effort as owner Kering’s deputy CEO for brand development. Can Bellettini engineer a rebirth for the luxury giant and its flagship label Gucci?
Sports
The BoF 500: Fashion’s Industry Olympics Comes to Paris
Rising talents and industry legends united to celebrate the new members of the definitive index of people shaping the global fashion industry.
The BoF 500: Fashion’s Industry Olympics Comes to Paris
Rising talents and industry legends united to celebrate the new members of the definitive index of people shaping the global fashion industry.
News & Analysis
Introducing the BoF 500 Class of 2024
Explore the 100 new additions to The Business of Fashion’s definitive index of people shaping the global fashion industry.
Introducing the BoF 500 Class of 2024
Explore the 100 new additions to The Business of Fashion’s definitive index of people shaping the global fashion industry.
News & Analysis
Alessandro Michele, Michelle Yeoh, Francesca Bellettini, Zac Posen and Angel Reese Are Our BoF 500 Cover Stars
On Friday September 27, The BoF 500 Class of 2024 will be unveiled. To mark the occasion, The Business of Fashion sat down with five members of our global community as they embark on new chapters in their careers.
Alessandro Michele, Michelle Yeoh, Francesca Bellettini, Zac Posen and Angel Reese Are Our BoF 500 Cover Stars
On Friday September 27, The BoF 500 Class of 2024 will be unveiled. To mark the occasion, The Business of Fashion sat down with five members of our global community as they embark on new chapters in their careers.
Luxury
Harrods Investigating if Any Current Staff Were Involved in Fayed’s Alleged Abuse
The company is investigating potential involvement of its current staff in the alleged sexual abuse by former owner Mohamed Al Fayed and is collaborating with Scotland Yard to address the claims.
Harrods Investigating if Any Current Staff Were Involved in Fayed’s Alleged Abuse
The company is investigating potential involvement of its current staff in the alleged sexual abuse by former owner Mohamed Al Fayed and is collaborating with Scotland Yard to address the claims.
Sports
How Adidas Engineered Its Big Comeback
Two years ago, Adidas was in crisis after terminating its Yeezy business. But since then, the brand has engineered a remarkable turnaround, led by CEO Bjørn Gulden and the success of its Samba sneakers. Gulden and other Adidas executives opened up about the changes that got the company back on track, and what’s next for the sneaker giant.
How Adidas Engineered Its Big Comeback
Two years ago, Adidas was in crisis after terminating its Yeezy business. But since then, the brand has engineered a remarkable turnaround, led by CEO Bjørn Gulden and the success of its Samba sneakers. Gulden and other Adidas executives opened up about the changes that got the company back on track, and what’s next for the sneaker giant.
Luxury
Luxury Fashion’s Designer Diversity Problem | The Debrief
BoF senior correspondent Sheena Butler-Young and luxury editor Robert Williams dive into the ongoing struggle for diversity in fashion’s top creative roles.
Luxury Fashion’s Designer Diversity Problem | The Debrief
BoF senior correspondent Sheena Butler-Young and luxury editor Robert Williams dive into the ongoing struggle for diversity in fashion’s top creative roles.
Media
i-D Magazine Appoints Thom Bettridge Editor in Chief
The iconic British title owned by Karlie Kloss is set to resume print on a bi-annual cadence under Bettridge, formerly creative vice president of Ssense.
i-D Magazine Appoints Thom Bettridge Editor in Chief
The iconic British title owned by Karlie Kloss is set to resume print on a bi-annual cadence under Bettridge, formerly creative vice president of Ssense.
The News in Brief
Danone Acquires Protein Drinks Maker Huel in €1 Billion Deal
Huel, which counts actor Idris Elba and TV presenter Jonathan Ross among its investors, has agreed to be acquired by the French consumer goods group in a deal worth about $1.2 billion.
Qatar Investment Authority Eyes 10% Stake in Golden Goose
Qatar’s sovereign wealth fund is preparing to buy a stake in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.
Retailers Push UK to Join US and EU Ending Shein Parcel Loophole
British retailers are pushing the UK government to end a tax loophole that has helped online giants Shein and Temu make significant inroads and gain market share.
Exclusive: Deciem to Relaunch The Chemistry Brand
The Estée Lauder-owned beauty company and The Ordinary parent will relaunch one of its original brands as it moves to rekindle its reputation for incubation.
De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.