Business of Fashion news and archive

Luxury as a currency: how the luxury resale market has evolved as an investment vehicle

Despite currently bleak economic prospects, the resale market is only on the rise, with a slew of recent reports finding that consumers are showing a tendency towards secondhand and pre-loved purchases in light of rising costs and tightened budgets. A similar attitude was adopted by that of The Business of Fashion (BoF), which partnered with...

17 Nov 2022

Business

Puma and Kering rank top of BoF’s Sustainability Index 2022

Business of Fashion (BoF) has released its annual Sustainability Index report, detailing performance assessments and key insights from 30 global fashion companies. Topping the list of the platform’s most sustainable brands were Puma and Kering, followed closely by Levi Strauss, H&M Group and Burberry. The 2022 assessment spans across six impact...

2 Jun 2022

Fashion

New Book, Onlife Fashion, Reveals The 10 Rules For The Future Of High-End Fashion

Onlife Fashion, written by the excellent and world class marketing team – Philip Kotler, Giuseppe Stigliano and Riccardo Pozzoli, disclose for the first time the ten rules that high-end fashion brands will need to adhere to, in order to survive and thrive in the modern world. This timely book was published by LID, the leading business book...

26 Jan 2022

BusinessFeatured

Circularity and the metaverse: 2022’s State of Fashion report is here

As it comes to the year’s end, businesses have started to detect the subtle light at the end of the covid tunnel. The pandemic has forced the fashion industry to adapt to a ‘new normal’ and the development in technology has contributed a significant impact to the direction fashion is progressing. Looking ahead to the not-so-near future, The...

2 Dec 2021

Fashion

Fashion's biggest firms failing to meet green targets

Fashion giants are making slow progress in meeting promises to improve their environmental and social impact, according to a damning sustainability report released Monday. The inaugural Sustainability Index by the Business of Fashion magazine, the first to offer direct comparisons between the industry's top firms, found they were often falling...

23 Mar 2021

Video

Video: Lebanese fashion players on rebuilding the local industry

Business of Fashion's Founder and CEO sits down for a virtual conversation with Lebonese fashion players to discuss the recent deadly explosion's effect on the local fashion scene. Imran Amed is joined by Elie Saab Jr, CEO and board member at Elie Saab Group, along with Lebanese designers Roni Helou and Amine Jreissati. The four discuss how...

24 Aug 2020

Fashion

Business of Fashion dismisses compromised editorial integrity speculation

The Business of Fashion (BoF), a digital news outlet reporting on the global fashion industry, has been called out for favouring articles and news stories towards its shareholders. The London-based company, which last year post a loss of 5.6 million pounds on sales of 12 million pounds, counts LVMH and Farfetch as extensions of its investors,...

30 Jun 2020

Fashion Featured

Fashion SMEs awarded 1.2 million pounds to support sustainable growth

Ten of the UK fashion industry’s innovative and sustainable small to medium enterprises, including Ananas Anam, the company that has created an innovative natural textile made from pineapple leaf fibre, and accessories brand Elvis and Kresse, have been awarded more than 1.2 million pounds by the Business of Fashion, Textiles and Technology...

18 May 2020

Video

Lessons learned in isolation from Vogue Italia Editor-in-Chief

Vogue's Italia Editor-In-Chief weighs in on questions that he, and the rest of the fashion world, are asking themselves while in isolation. Questions like: “Do we still need fashion? Do we still need to buy more clothes? Does it still make sense to fly 1,000 people to international fashion shows when they clearly can be done digitally?" Emanuele...

8 Apr 2020

Podcast

Podcast: Inside Iran’s Underground Fashion Industry, BoF Voices

The activist Hoda Katebi speaks passionately about the 'revolution' of fashion, while the Tehran design duo Shirin and Shiva Vaqar on the VOICES 2019 defy the restrictive conditions for emerging brands in Iran.

15 Jan 2020

Fashion

BoF and McKinsey predict 2020 to be a bleak year in fashion

Business of Fashion teamed with McKinsey & Company for its fourth annual State of Fashion Report, which determined pessimistic predictions. The fashion industry can expect a year of uncertainty and concern across all geographies and value segments for 2020, save for only a few bright spots. The McKinsey Global Fashion Index forecasts that...

22 Nov 2019

Video

Video: The Fashion Industry Charter for Climate Action

Stella McCartney has spent her professional career spearheading environmental issues and making sustainability practices a business priority. Now, with a new fashion industry charter for climate action, she is hoping other fashion companies, big and small, will follow in her footsteps. Source: Business of Fashion, YouTube.

7 Dec 2018