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.
wholesale
Retail
One Year Later, the 15 Percent Pledge Raises Its Ambitions
As Nordstrom announces a 10-year partnership with the organisation launched on Instagram after George Floyd’s death to call on retailers to spend more money on Black-owned brands, founder Aurora James and board member Emma Grede tell BoF about keeping up the momentum and supporting entrepreneurs.
One Year Later, the 15 Percent Pledge Raises Its Ambitions
As Nordstrom announces a 10-year partnership with the organisation launched on Instagram after George Floyd’s death to call on retailers to spend more money on Black-owned brands, founder Aurora James and board member Emma Grede tell BoF about keeping up the momentum and supporting entrepreneurs.
Luxury
Richemont’s New Brand Is a Long-Term Play
The conglomerate has acquired Delvaux, a 200-year-old handbag brand that has seen rising sales in recent years. But the deal doesn’t help Richemont close the soft luxury gap with rivals Kering and LVMH.
Richemont’s New Brand Is a Long-Term Play
The conglomerate has acquired Delvaux, a 200-year-old handbag brand that has seen rising sales in recent years. But the deal doesn’t help Richemont close the soft luxury gap with rivals Kering and LVMH.
Retail
Why PVH Sold Its Heritage Brands
The transaction marks the end of an era for the company as it aims to strengthen its main brands, Calvin Klein and Tommy Hilfiger, and recover from the pandemic. BoF speaks to chief executive Stefan Larsson.
Why PVH Sold Its Heritage Brands
The transaction marks the end of an era for the company as it aims to strengthen its main brands, Calvin Klein and Tommy Hilfiger, and recover from the pandemic. BoF speaks to chief executive Stefan Larsson.
Luxury
The Future of Watches: A High Stakes DTC Shake-Up
$2.4 billion in annual revenues are set to shift from retailers to brands by 2025 as consumers demand better online shopping experiences and brands aim for higher margins.
The Future of Watches: A High Stakes DTC Shake-Up
$2.4 billion in annual revenues are set to shift from retailers to brands by 2025 as consumers demand better online shopping experiences and brands aim for higher margins.
Luxury
The Future of Watches: The Pre-Owned Market Will Be Worth Up To $32 Billion
Watch brands must work hard to capitalise on the increasingly important second-hand market, while digital platforms will need to sharpen their business models.
The Future of Watches: The Pre-Owned Market Will Be Worth Up To $32 Billion
Watch brands must work hard to capitalise on the increasingly important second-hand market, while digital platforms will need to sharpen their business models.
Retail
Where Next for Kith’s Hype Machine?
As the 10-year-old burgeoning sneaker and streetwear empire opens its first European store in Paris, founder Ronnie Fieg sits down for a rare interview.
Where Next for Kith’s Hype Machine?
As the 10-year-old burgeoning sneaker and streetwear empire opens its first European store in Paris, founder Ronnie Fieg sits down for a rare interview.
Retail
Is Net-a-Porter’s Unconventional Prada Deal the Future of Wholesale?
The Richemont-owned e-tailer has struck a novel partnership with Prada, reflecting how the relationship between multi-brand retailers and luxury houses is shifting.
Is Net-a-Porter’s Unconventional Prada Deal the Future of Wholesale?
The Richemont-owned e-tailer has struck a novel partnership with Prada, reflecting how the relationship between multi-brand retailers and luxury houses is shifting.
Retail
Retailers Pledged Action on Diversity. Delivery Is Proving More Elusive.
Public pressure, especially from the 15 Percent Pledge, pushed many US-focused businesses to disclose information and promise progress, but the industry is still largely in a planning and promises stage.
Retailers Pledged Action on Diversity. Delivery Is Proving More Elusive.
Public pressure, especially from the 15 Percent Pledge, pushed many US-focused businesses to disclose information and promise progress, but the industry is still largely in a planning and promises stage.
Retail
DTC vs Wholesale: Striking the Right Balance
How and where should brands sell in 2021? New best practices are emerging.
DTC vs Wholesale: Striking the Right Balance
How and where should brands sell in 2021? New best practices are emerging.
Retail
Activists Pushed Retailers to Back Black-Owned Brands. Here’s How Nordstrom Responded.
The American department store aims to sell $500 million worth of products from Black and Latino brands and diversify its management. Executives tell BoF how they plan to stay on track.
Activists Pushed Retailers to Back Black-Owned Brands. Here’s How Nordstrom Responded.
The American department store aims to sell $500 million worth of products from Black and Latino brands and diversify its management. Executives tell BoF how they plan to stay on track.
Technology
One Big Way Direct-to-Consumer Retail Is Changing
New online marketplaces promise to make it easier for consumers to find their favourite direct-to-consumer brands. Will the model work?
One Big Way Direct-to-Consumer Retail Is Changing
New online marketplaces promise to make it easier for consumers to find their favourite direct-to-consumer brands. Will the model work?
Retail
Case Study | Inside Nike’s Radical Direct-to-Consumer Strategy
How did Nike’s share price hit an all-time high in the middle of a pandemic? The American sportswear giant’s success is rooted in a radical direct-to-consumer strategy built around content, community and customisation, and conceived for a post-internet world where brand connections are everything.
Case Study | Inside Nike’s Radical Direct-to-Consumer Strategy
How did Nike’s share price hit an all-time high in the middle of a pandemic? The American sportswear giant’s success is rooted in a radical direct-to-consumer strategy built around content, community and customisation, and conceived for a post-internet world where brand connections are everything.
The News in Brief
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.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.