Top Story Archive

Sam McKnight’s Natural Touch

LONDON, United Kingdom — “Yesterday, on a shoot for a client, more emphasis was put on the video shoot, the social media content, than the actual campaign. It’s going to tip soon, into it all being the same thing,” says Sam McKnight, his easy conversational patter becoming reflective for a moment. The shift in tone is more perceptible in McKnight because he is typically upbeat and …

Empty Space Haunts Fifth Avenue as Retailers Balk at Rent Hikes

NEW YORK, United States — Landlords on Manhattan’s Fifth Avenue are sitting on a record amount of open space as retailers balk at committing to expensive new leases in one of the world’s most prestigious shopping districts. The availability rate on the famed strip, home to Saks Fifth Avenue and Tiffany & Co.’s flagship store, jumped to 15.9 percent in the third quarter, up from …

Social Goods | Child Refugees Working in Sweatshops, Fast Fashion's Sustainability Formula

A BBC Panorama documentary found children working illegally in Turkish sweat shops, creating clothes for stores including Zara | Source: Shutterstock “The Kids Who Have to Sew to Survive“ (BBC)“One basement workshop was almost entirely staffed with children, many of whom couldn’t have been more than seven or eight years old, the very picture of Dickensian misery.” “Style That’s Sustainable: A New Fast-Fashion Formula” (McKinsey …

Renzo Rosso's OTB Acquires Majority Stake in Paula Cademartori

BREGANZE, Italy — Only The Brave, the family investment arm of Diesel founder Renzo Rosso, has announced that it has acquired a majority stake in Italian-Brazilian fashion brand Paula Cademartori. The designer, who was new to the BoF500 this year, is known for her colourful collections of accessories including bags and shoes, which are worn by the likes of Beyoncé, Lady Gaga and Jessica Alba. …

Kering Results Show 17% Surge at Gucci, Slip at Bottega Veneta

PARIS, France — Italian fashion brand Gucci confirmed its turnaround with a 17 percent rise in third-quarter comparable sales, helping make up for a 10.9 percent sales drop at sister brand Bottega Veneta, parent Kering said on Tuesday. Gucci, in double digit sales growth territory for the first time since 2012, accounts for more than 60 percent of Kering’s operating profit. Analysts had expected its …

British Fashion Council Announces Nominees for The Fashion Awards 2016

LOS ANGELES, United States — Jonathan Anderson, Alessandro Michele and Christopher Kane have all been nominated in multiple categories for The Fashion Awards 2016. Dame Natalie Massenet, chairman of the British Fashion Council, announced the nominations during a brunch at Soho House West Hollywood, alongside Karlie Kloss, ambassador for the event’s lead partner Swarovski, and Caroline Rush, BFC chief executive officer. Roksanda Illincic, Simone Rocha and Sarah Burton for Alexander McQueen …

The Marni Riddle

MILAN, Italy — Consuelo Castiglioni’s decision to step down “for personal reasons” from the creative helm of the brand that she co-founded left many Marni supporters puzzled. On October 21, the day of the announcement, Arthur Arbesser, one of Milan’s next generation of designers, went so far as to reference a “dark and confusing day on planet fashion.” There is, surely, more to the story. …

Shanghai Fashion Week Ups the Ante

SHANGHAI, China — If anyone understands the challenges of making reform happen in China, it is Lv Xiaolei. But the powerful vice secretary-general of Shanghai Fashion Week — called ‘Madame Lu’ by reverent insiders — is on a mission to transform her event into the premiere designer showcase in China. “We want to not only become the leading fashion week in China, but also a …

Building Great Bowery, Fashion's Super-Agency

NEW YORK, United States — 190 Bowery is one of the most mythic buildings in all of Gotham. Erected in 1898 as the Germania Bank, it was abandoned and decrepit by the time the photographer Jay Maisel raised $102,000 — less than half of what it cost to build — to purchase the building in 1966. Maisel and his family lived and worked in its …

BoF Exclusive | Estée Lauder Buys Becca Cosmetics

NEW YORK, United States – The Estée Lauder Companies, Inc., the American beauty conglomerate that owns brands like Clinique, Bobbi Brown and MAC, has signed an agreement to acquire Becca Cosmetics from beauty incubator Luxury Brand Partners. The terms of the deal were not disclosed, although industry sources suggest the conglomerate paid around $200 million for the business, which was founded in 2001 and is set …