:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/businessoffashion/2YRLNZFFTJBJ3I6N2AP7Q2ZA64.png "BoF Insights | Nike and Gucci Top Gen-Z’s Favourite Fashion Brands")
If evidence were needed of how impactful collaborations can be in expanding customer bases, Gucci’s tie-up with Roblox in 2021 provides it. Under the oversight of then-creative director Alessandro Michele, the Kering-owned Italian house’s collaboration with the online gaming platform has been part of a bigger strategy to connect with […]
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Carbon calorie counts, dresses made from recycled plastic and sweaters that claim to be climate-positive have become familiar fixtures for fashion brands seeking to engage an increasingly eco-conscious consumer base. But as the industry has started to lean into demand for more sustainable fashion, it’s also facing increasing pressure to […]
In the thick of the pandemic last year, Bottega Veneta, Louis Vuitton, Chanel and other luxury brands raised prices on some of their most coveted items. Several, including Chanel and Gucci, did so twice. Some customers took to social media to complain — was a beaded necklace really worth over […]
Until recently, you could count the number of notable disposals by LVMH on one hand: Christian Lacroix, Donna Karan, Michael Kors (in which it owned a 33 percent stake) and the Edun ethical fashion label founded with singer Bono were among the few projects the luxury giant had scrapped rather […]
Over the past few weeks, virtually every industry has seen a high-profile non-fungible token (NFT) deal. There was musician Grimes’ sale of various digital works for roughly $6 million. The artist Beeple sold an NFT for $69 million in an auction at Christie’s. Twitter chief executive Jack Dorsey’s first tweet […]
NEGOTIATING A RESCUE This week, Congress will debate the particulars of President Joe Biden’s $1.9 trillion economic stimulus package The final bill is likely to include spending at or near the original figure, but a provision to raise the minimum wage is in jeopardy US House Speaker Nancy Pelosi has […]
This week, Amazon founder Jeff Bezos — whose mantra-like “Jeff-isms” on relentless invention, customer-centrism and long-term thinking anchored the company’s strategy — said he would step down as chief executive of the $1.7 trillion internet goliath after 27 years in the role, passing the baton to top lieutenant Andy Jassy, […]
When makeup label Hourglass quietly launched a moisturiser and serum seven years ago, the plan was never to make skin care a focus, said founder and chief executive Carisa Janes. But the two items have proven to be steady sellers, despite small production runs and narrower distribution than Hourglass’ main […]
