US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
leadership
Luxury
Who Should Be Gucci’s New CEO?
Following this week’s announcement that longtime Gucci chief Marco Bizzarri will exit the company in September, Imran Amed shares his top picks for one of the top jobs in the global luxury industry.
Who Should Be Gucci’s New CEO?
Following this week’s announcement that longtime Gucci chief Marco Bizzarri will exit the company in September, Imran Amed shares his top picks for one of the top jobs in the global luxury industry.
Beauty
The BoF Podcast | Why Brand Marketing Still Matters
What do Poolside FM and Isamaya Beauty have in common? Their founders have created brands with unique yet relatable identities.
The BoF Podcast | Why Brand Marketing Still Matters
What do Poolside FM and Isamaya Beauty have in common? Their founders have created brands with unique yet relatable identities.
Luxury
As Gucci’s CEO Steps Down, Saint Laurent’s Chief Steps Up
Marco Bizzarri led the Italian luxury giant through a historic expansion before the business struggled to bounce back from the pandemic. Parent company Kering announced the move as part of a broader executive shakeup after which Saint Laurent CEO Francesca Bellettini will oversee all the group’s brands.
As Gucci’s CEO Steps Down, Saint Laurent’s Chief Steps Up
Marco Bizzarri led the Italian luxury giant through a historic expansion before the business struggled to bounce back from the pandemic. Parent company Kering announced the move as part of a broader executive shakeup after which Saint Laurent CEO Francesca Bellettini will oversee all the group’s brands.
Workplace & Talent
What Happens After Founders Step Aside
For brands engineered by larger-than-life visionaries, like Savage x Fenty or Ralph Lauren, the first leadership transition can be complicated — but eventually rewarding.
What Happens After Founders Step Aside
For brands engineered by larger-than-life visionaries, like Savage x Fenty or Ralph Lauren, the first leadership transition can be complicated — but eventually rewarding.
Luxury
Can Switzerland’s Third-Largest Watch Brand Continue To Rise?
Omega’s sales have recovered and surpassed pre-Covid levels, CEO Raynald Aeschlimann said. But aggressive price hikes, step-and-repeat marketing and an authenticity scandal could challenge the Swatch-owned brand’s ascent.
Can Switzerland’s Third-Largest Watch Brand Continue To Rise?
Omega’s sales have recovered and surpassed pre-Covid levels, CEO Raynald Aeschlimann said. But aggressive price hikes, step-and-repeat marketing and an authenticity scandal could challenge the Swatch-owned brand’s ascent.
Luxury
Confirmed: Gabriela Hearst to Exit Chloé
The designer’s last show for the Richemont-owned house will be on September 28. No successor has been named.
Confirmed: Gabriela Hearst to Exit Chloé
The designer’s last show for the Richemont-owned house will be on September 28. No successor has been named.
Luxury
Imran Amed & Luca Solca: How Big Luxury Dominates Fashion
Courtesy of System Magazine, BoF’s Imran Amed and Bernstein analyst Luca Solca discuss how the biggest French luxury companies dominate the fashion industry. ‘They control the whole ecosystem; they have a lock on it.’
Imran Amed & Luca Solca: How Big Luxury Dominates Fashion
Courtesy of System Magazine, BoF’s Imran Amed and Bernstein analyst Luca Solca discuss how the biggest French luxury companies dominate the fashion industry. ‘They control the whole ecosystem; they have a lock on it.’
Beauty
Advent’s Tricia Glynn on Finding the Winning Ingredients for Beauty’s Deal-Makers
From her vantage point as managing partner at a global private equity firm, Glynn explores for The State of Fashion: Beauty the enduring opportunities beauty provides investors.
Advent’s Tricia Glynn on Finding the Winning Ingredients for Beauty’s Deal-Makers
From her vantage point as managing partner at a global private equity firm, Glynn explores for The State of Fashion: Beauty the enduring opportunities beauty provides investors.
Luxury
Alexandre de Betak to Become Creative Chairman at The Independents
The move comes as Karla Otto-owner The Independents, which acquired Bureau Betak in 2021, raises $400 million in funding to fuel ambitions to double in size by 2025.
Alexandre de Betak to Become Creative Chairman at The Independents
The move comes as Karla Otto-owner The Independents, which acquired Bureau Betak in 2021, raises $400 million in funding to fuel ambitions to double in size by 2025.
News & Analysis
BoF VOICES 2023 Is Coming: First Speakers Announced
Chanel’s Global CEO Leena Nair, Bottega Veneta creative director Matthieu Blazy, and Fast Retailing’s John Jay will share their insights at BoF’s annual gathering for big thinkers.
BoF VOICES 2023 Is Coming: First Speakers Announced
Chanel’s Global CEO Leena Nair, Bottega Veneta creative director Matthieu Blazy, and Fast Retailing’s John Jay will share their insights at BoF’s annual gathering for big thinkers.
Retail
The Organised Retail Crime Phenomenon, Explained
Reports of large-scale theft rings are driving US lawmakers to explore tough-on-crime policies. Data on whether there is a crime wave paints a more ambiguous picture. BoF unpacks the murky situation.
The Organised Retail Crime Phenomenon, Explained
Reports of large-scale theft rings are driving US lawmakers to explore tough-on-crime policies. Data on whether there is a crime wave paints a more ambiguous picture. BoF unpacks the murky situation.
Luxury
Potential Olympics Sponsorship Deal Tests LVMH Heir Antoine Arnault
Discussions on the Olympics deal, being negotiated by Antoine, revolve around promotions focused on LVMH as a group, its two biggest fashion labels — the Louis Vuitton and Dior brands — as well as champagne.
Potential Olympics Sponsorship Deal Tests LVMH Heir Antoine Arnault
Discussions on the Olympics deal, being negotiated by Antoine, revolve around promotions focused on LVMH as a group, its two biggest fashion labels — the Louis Vuitton and Dior brands — as well as champagne.
The News in Brief
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.