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.
Virginie Viard
Top 10 Shows of the Season
BoF’s editors pick the best shows of the Autumn/Winter 2024 season.
Chanel + Manchester = Chanchester!
‘Chanel is never really new — it’s always Chanel,’ designer Virginie Viard tells Tim Blanks as she brings the French megabrand’s celebration of artisanal crafts to the UK’s second city.
Chanel’s Three Pillars for the Future
At The Business of Fashion’s VOICES 2023 gathering, Chanel’s global CEO Leena Nair outlined to BoF founder Imran Amed the vision she’s crafted during her first two years leading the iconic brand.
Paris: The Final Day — Last Women Standing
Miuccia Prada tells her own story at Miu Miu. How much of Virginie Viard’s is in Chanel?
Paris Couture Week: All or Nothing
Couture Week was a polarised affair, opposing restraint and excess, technique and showmanship, real clothes and wild storytelling, with little in between, writes Angelo Flaccavento.
Chanel Takes Us to the River
Virginie Viard is the latest designer to join in fashion’s pre-Olympic celebration of Paris, both as city and state of mind, writes Tim Blanks.
In Dark Times, Choose Optimism!
Chanel, Miu Miu and Louis Vuitton offered “useful beauty” for Spring 2023, writes Tim Blanks.
At Couture, the Murmuring 30s
The first days of the Paris couture shows offered subliminal reflections of other times and places when things were just as bad as they are now, writes Tim Blanks.
The Kids Are Alright
Teen volatility at Vuitton, bare midriffs at Miu Miu, tweedy Chelsea Girls at Chanel… what a time to be young and in fashion!
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.
What’s Legacy Got to Do With It?
Louis Vuitton, Chanel and Valentino fuse past and present in their quest for an uncertain future.
In Paris, Post-Pandemic Couture
On the first two days of Haute Couture Week, escapism was laced with a heavier side, reports Angelo Flaccavento.
Company Snapshot
Starting as an intern in 1987, the designer now oversees the house’s artistic direction as the chosen successor of Karl Lagerfeld, who referred to her as ‘my right arm and my left arm.’
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.