African Designer Platform The Folklore Raises $3.4 Million
The capital injection will aid the company’s pivot from being an e-commerce site to being a business-to-business venture helping emerging brands enter US retailers.
Margaret Zhang
Margaret Zhang to Exit Vogue China
Condé Nast said it is searching for a successor to take over after Zhang, whose appointment never became less divisive.
Vogue’s Global-Local Balancing Act
Inside Vogue’s strategy for winning over local audiences in Asia after a restructuring that gave Anna Wintour control over global editorial operations.
Condé Nast Can Learn From Netflix
In a global world where local tastes still matter, the publisher of Vogue should be careful not to dictate too much of its content strategy from New York and London.
Margaret Zhang Is Vogue China’s New Editor in Chief
The Chinese Australian blogger turned content creator and consultant will succeed Angelica Cheung at the helm of the Condé Nast fashion title.
The Face Is Back
The team behind the relaunch of the British style bible speaks to BoF about its new strategy and the ‘double-edged sword’ of its cult heritage.
Rebooting Your Mother’s Beauty Brands
The prestige beauty sector is booming with successful indies, but heritage brands are finding their footing.
How Instagram's New Feed Will Impact Brands and Influencers
What does Instagram's new algorithmic feed mean for the platform's lucrative influence economy?
Company Snapshot
The Chinese Australian creative and consultant has established herself as a leading digital influencer, and been named editor-in-chief of Vogue China
The News in Brief
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.
Dr Martens Shares Plunge as Tough Outlook Sets Challenge for New CEO
The company, which named chief brand officer Ije Nwokorie as its next CEO, said it was anticipating a double-digit percentage decline in US wholesale revenues, which would dent overall profits.
Procter & Gamble Price Hikes Thin Shoppers’ Wallets
Rising prices of personal care products could quash Americans’ habit of buying big-brand-name items for their household pantries, posing a threat to Procter & Gamble, one of the world’s biggest makers of packaged goods.
Traders Fear Antitrust Risk in $8.5 Billion Deal Between Coach, Michael Kors Owners
The merger arbitrage investor community turned increasingly bearish on the deal last week, as they interpreted some comments from FTC officials at a conference as negative for the deal.
US Retail Sales Top Forecasts as Consumers Keep Fuelling Growth
The value of retail purchases, unadjusted for inflation, increased 0.7 percent from February, Commerce Department data showed Monday.
Tapestry Merger With Versace Owner Capri Gets EU, Japan Approval
The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and Versace under one roof, still awaits approval from the United States.