Week in Review Archive

What You May Have Missed

LONDON, United Kingdom — On Friday, a report surfaced claiming that Coach is working with Blackstone on a potential merger with Burberry. While the speculation drove Burberry shares to rise by 4.8 percent in trading, it’s an unlikely combination that market analysts have dismissed as a bad idea. Is the new Style.com working? Condé Nast is investing $100 million in the venture, though many have questioned both its underlying business model and execution, …

What You May Have Missed

LONDON, United Kingdom — This week, just hours after designer Peter Dundas exited Roberto Cavalli, CEO Gian Giacomo Ferraris announced a radical company-wide reorganisation. Previously, Ferraris led a highly effective turnaround at Versace, which, like Cavalli, was once a poorly managed, family-run operation. Meanwhile, a shake-up in the executive ranks at Condé Nast suggests more turmoil to come, as the media giant tries to transform itself from a print-led publisher …

What You May Have Missed

LONDON, United Kingdom —This week, Brioni announced it was parting ways with creative director Justin O’Shea after only six months on the job. O’Shea, who was previously fashion director of MyTheresa and has no design experience, was certainly an unexpected choice for the role, but the sudden timing of the move raised questions as to what else may have triggered the exit. In other news, …

What You May Have Missed This Week

LONDON, United Kingdom — Does fashion immediacy drive sales? This week, we examined some early data following the ‘see now, buy now’ shows staged by Tom Ford, Ralph Lauren, Tommy Hilfiger and Burberry. Want to know how Burberry is operationalising its ‘see now, buy now’ strategy? BoF has the break down. While Italy’s biggest luxury brands have resisted the shift towards in-season shows, the country’s fashion industry is evolving, …

What You May Have Missed This Week

LONDON, United Kingdom — London Fashion Week — the first since the UK’s ‘Brexit’ vote — kicked off with a message of solidarity from British Prime Minister Theresa May and industry figures like Natalie Massenet and Christopher Bailey. “London fashion and the creative industries have endured, indeed, prospered even, in difficult times,” May said. Optimism was hard to come by elsewhere in the luxury industry, however. Richemont said …

What You May Have Missed This Week

LONDON, United Kingdom — This week, Tom Ford, Thakoon and Tommy Hilfiger debuted their approaches to fashion immediacy at NYFW. “It wasn’t easy, it was able to happen with a very, very complex distribution network,” said Hilfiger, of syncing up retail and runway. Meanwhile, the transformation of New York’s luxury retail landscape continues. Saks Fifth Avenue has opened a new 86,000-square-foot store in Lower Manhattan, in a bid to win back high-spending shoppers after …

What You May Have Missed This Week

LONDON, United Kingdom — Haider Ackermann has been appointed Berluti’s new creative director. The Colombian-born designer has taken on a challenge at the LVMH-owned menswear brand, which is struggling with a slowing luxury market and waning demand among Chinese men. Meanwhile, Anthony Vaccarello has put his eponymous label on hold to focus on his new responsibilities at the creative helm of Yves Saint Laurent. What can the fashion system …

What You May Have Missed This Week

LONDON, United Kingdom — This week, we pay our respects to designer and entrepreneur Sonia Rykiel, who passed away Thursday at 86,  leaving behind a design vision wrapped in Left Bank insouciance and a  a high-potential business now owned by First Heritage Brands, a subsidiary of Fung Capital Ltd. In other news, financial backer CLCC and a trio of Antwerp-based designers are reviving the indie label Band …

What You May Have Missed This Week

LONDON, United Kingdom — A “fourth industrial revolution” — powered by a constellation of new innovations across the physical, digital and biological worlds — is already driving a wave of change across the global economy. This week, we examined what it means for fashion. Meanwhile, in China, digital platforms are unleashing new potential for indie fashion and youth media, challenging the dominance of the country’s fashion magazine oligarchy. …

What You May Have Missed This Week

LONDON, United Kingdom — Coach, Ralph Lauren and Michael Kors all offered less-than-rosy forecasts this week, as decreased tourism to the US and dwindling spending hits sales. US department stores, too, are feeling the heat. After six quarters of falling sales, Macy’s is shutting 100 stores, while Saks, Nordstorm, Neiman Marcus and others are gearing up for a battle for Manhattan. And if fast fashion giants like H&M and Zara …