Asos Says It Will Take ‘Necessary Actions’ After 18% Drop in Sales
Asos has said it will take “necessary actions” to transform its fortunes after the fast fashion retailer’s first-half losses widened and sales fell by nearly a fifth.
Glenn Martens
Top 10 Shows of the Season
BoF’s editors pick the best shows of the Autumn/Winter 2024 season.
In Milan, Democracy Triumphs at Diesel While Fendi Finds Its Feet
Glenn Martens and Kim Jones had a very good day on Monday. Wookies! Chuba Chups! Whatever next!
Fashion Week
The BoF Podcast | Restarts and Resets in the Fashion Month Gone By
Tim Blanks and Imran Amed discuss the highlights of the Autumn/Winter 2023 collections, including Daniel Lee’s debut at Burberry, a transitional show at Gucci and Balenciaga’s first brand statement in the wake of the advertising scandal.
The BoF Podcast | Restarts and Resets in the Fashion Month Gone By
Tim Blanks and Imran Amed discuss the highlights of the Autumn/Winter 2023 collections, including Daniel Lee’s debut at Burberry, a transitional show at Gucci and Balenciaga’s first brand statement in the wake of the advertising scandal.
How to Remake/Remodel a Fashion Icon
On the first day of Milan Fashion Week, Kim Jones, Glenn Martens and Fausto Puglisi offer different strategies for future-proofing, writes Tim Blanks.
Can Diesel Repeat Its Y2K Success?
The designer-denim pioneer, now under the creative direction of Glenn Martens, continues to build momentum among the young and hot.
In Milan, Looking Back to Find the Future
The Milan fashion week that ended in silence today put Italy at the centre of the fashion conversation, reports Angelo Flaccavento.
Milan Fashion Week Is Back to Its Pre-Pandemic Glory. What’s Changed?
This week, everyone will be talking about a packed schedule in Milan, Farfetch’s results and its ongoing talks with Richemont, plus the OECD’s annual forum on responsible supply chains.
In Paris, Couture’s Return to Clothes Making
Haute couture, once the realm of unbridled dreams, is getting back to making clothes, reports Angelo Flaccavento.
The Breakthrough Designer Rebooting Diesel
Glenn Martens speaks exclusively to Tim Blanks about re-energising the Italian denim brand, designing for his own label Y/Project and pushing people to rethink fashion.
Glenn Martens’ Deranged Diesel Debut
With a twisted energy that felt fresh and relevant, the designer is the right fit for rebooting Diesel, writes Angelo Flaccavento.
Should Luxury Build Resale Into Its Business Model?
This week, Gucci launched a partnership with The RealReal, betting that the rewards of engaging with the second-hand market outweigh the risks.
Luxury
How Young Designers in Paris Are Beating the Pandemic So Far
Fragile but focused, creative labels like Marine Serre, Y/Project and Ludovic de Saint Sernin are navigating rocky waters by engaging their communities and rethinking their role in fashion's ‘system’. Is it enough to make it through a make-or-break season?
How Young Designers in Paris Are Beating the Pandemic So Far
Fragile but focused, creative labels like Marine Serre, Y/Project and Ludovic de Saint Sernin are navigating rocky waters by engaging their communities and rethinking their role in fashion's ‘system’. Is it enough to make it through a make-or-break season?
Company Snapshot
A member of Paris’s avant-garde, Martens is spearheading a streetwear revolution in the city with his commercial-yet-conceptual brand.
The News in Brief
TikTok Divest-or-Ban Bill Heads to Fast Track in US Congress
The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson.
Lagardère Group Launches Egyptian Edition of Elle Magazine
The French publisher has appointed Tunis-based firm Nissa Editions Group as the local licensing partner and Cairo-based fashion media veteran Susan Sabet as both managing director and editor-in-chief of the new title.
Report: FTC to Consider Blocking Tapestry’s $8.5 Billion Capri Takeover
The US Federal Trade Commission (FTC) is preparing to sue to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri Holdings, NYT Dealbook reported on Wednesday, citing people familiar with the matter.
Harvey Nichols Appoints New CEO
Harvey Nichols has named Julia Goddard chief executive following the departure of Manju Malhotra — who held the post for 25 years — in late 2023.
Emerging Designer Platform The Folklore Raises $3.4 Million
The capital injection will strengthen the company’s earlier pivot from being an African designer e-commerce site to being a business-to-business venture helping emerging brands enter global retailers.
Adidas Is Seeing Hot Demand for Sambas and Yeezys
The German sportswear company now expects to generate operating profit of around €700 million ($743 million), an increase from the previous target of €500 million.
Sephora, Perfumes and Cosmetics Drive LVMH Sales Growth
Amid a luxury slowdown, strong performance by LVMH’s perfumes and cosmetics and selective retailing divisions show a healthy appetite for beauty.