🔎 IA’s Weekly Letter: Is This an Inflection Point for Luxury Fashion?

Your weekly letter from the editor is here, as well as a digest of BoF’s top stories across luxury, beauty, retail and sustainability this week. ~/AAAHagA~/RgRokEG9P0SLaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzAzMDgyNCZ1dG1fY29udGVudD1ib2ZfbG9nb1cFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ ADVERTISEMENT ~/AAAHagA~/RgRokEG9P0TeaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2Nhc2Utc3R1ZGllcy9kaXJlY3QtdG8tY29uc3VtZXIvY2FzZS1zdHVkeS1ob3ctYnJhbmRzLWNhbi1iYWxhbmNlLWR0Yy1hbmQtd2hvbGVzYWxlLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzAzMDgyNCZ1dG1fY29udGVudD1hZF9zbG90VwVzcGNldUIKZq29vK1mH294-VIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk WHAT YOU NEED TO KNOW TODAY: SATURDAY, AUGUST 3, 2024 As the fashion industry takes a breather in August, luxury brands are grappling with creative leadership gaps, plummeting profits, and evolving consumer priorities. Imran Amed investigates whether current struggles signal a permanent shift in the market landscape. LONDON — We’re in the dog days of summer, and the fashion industry is slowing down for its annual August break. But as luxury executives begin to leave for their holidays in Greek Islands, the English countryside, the Hamptons and beyond, there is a lot weighing on their minds. Several fashion houses remain without creative directors, some are mired in “elevation strategies” that are not working, while others are experiencing a significant deceleration in revenue and profit growth. The latest dominoes to fall are Ferragamo and Hugo Boss. This week, the Italian luxury company and the German fashion juggernaut both reported over 40 percent declines in operating profit in the second quarter. This follows dismal results from Kering, Burberry and flat revenue at sector bellwether LVMH last week. During quarterly results presentations, CFOs pointed to a significant decline in spend in the Chinese market, but also acknowledged a general softness in key regions around the world. Of course, there have been some bright spots.[Prada Group this week reported an 18 percent increase in revenues](~/AAAHagA~/RgRokEG9P0TSaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L21pdS1taXUtcmV2ZW51ZXMtZG91YmxlLWluLWZpcnN0LWhhbGYtYnVja2luZy1sdXh1cnktc2xvd2Rvd24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMDMwODI0JnV0bV9jb250ZW50PWludHJvVwVzcGNldUIKZq29vK1mH294-VIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk), driven by a 93 percent revenue surge at Miu Miu. Last week [Hermès also defied the downturn](~/AAAHagA~/RgRokEG9P0TWaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L2hlcm1lcy0ycS1zYWxlcy1yaXNlLTEzLW9uLWNvbnRpbnVlZC1hcHBldGl0ZS1mb3ItaGlnaC1lbmQtbHV4dXJ5Lz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzAzMDgyNCZ1dG1fY29udGVudD1pbnRyb1cFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~), with a sales up 13 percent, while maintaining strong profit margins. But these are isolated, exceptional cases. The wider industry mood music is much more downbeat. One thing that a number of executives have asked me in recent weeks is whether I believe the situation facing the industry now reflects a permanent shift, or whether this is a temporary phenomenon. To answer this question, we need to break down a number of the forces that are coming together in a perfect storm, impacting luxury spending around the world. [READ MORE →](~/AAAHagA~/RgRokEG9P0THaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL29waW5pb25zL2x1eHVyeS9pcy10aGlzLWFuLWluZmxlY3Rpb24tcG9pbnQtZm9yLWx1eHVyeS1mYXNoaW9uLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzAzMDgyNCZ1dG1fY29udGVudD1pbnRyb1cFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) Here are my other top picks from our analysis on fashion, luxury and beauty: TOP STORIES [MARKETING](~/AAAHagA~/RgRokEG9P0TLaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9tYXJrZXRpbmctcHI_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09RlhXWjZMVTNVSkJINUJTMlBXUTdFR1c0UFUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzFfdG9waWNXBXNwY2V1Qgpmrb28rWYfb3j5Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [Fashion’s Sports Obsession Is No Accident](~/AAAHagA~/RgRokEG9P0T4aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9tYXJrZXRpbmctcHIvZmFzaGlvbnMtc3BvcnRzLW9ic2Vzc2lvbi1pcy1uby1hY2NpZGVudC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09RlhXWjZMVTNVSkJINUJTMlBXUTdFR1c0UFUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzFfdGl0bGVXBXNwY2V1Qgpmrb28rWYfb3j5Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) By Daniel-Yaw Miller ~/AAAHagA~/RgRokEG9P0T4aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9tYXJrZXRpbmctcHIvZmFzaGlvbnMtc3BvcnRzLW9ic2Vzc2lvbi1pcy1uby1hY2NpZGVudC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09RlhXWjZMVTNVSkJINUJTMlBXUTdFR1c0UFUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzFfaW1hZ2VXBXNwY2V1Qgpmrb28rWYfb3j5Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~ [The Olympics are proving a perfect marriage of the sports and fashion industries. It’s the culmination of several factors that have turned sport into fashion’s most exciting new arena over the past two years.](~/AAAHagA~/RgRokEG9P0T2aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9tYXJrZXRpbmctcHIvZmFzaGlvbnMtc3BvcnRzLW9ic2Vzc2lvbi1pcy1uby1hY2NpZGVudC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09RlhXWjZMVTNVSkJINUJTMlBXUTdFR1c0UFUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzFfZGVrVwVzcGNldUIKZq29vK1mH294-VIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRokEG9P0T2aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9tYXJrZXRpbmctcHIvZmFzaGlvbnMtc3BvcnRzLW9ic2Vzc2lvbi1pcy1uby1hY2NpZGVudC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09RlhXWjZMVTNVSkJINUJTMlBXUTdFR1c0UFUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzFfY3RhVwVzcGNldUIKZq29vK1mH294-VIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [RETAIL](~/AAAHagA~/RgRokEG9P0TFaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9yZXRhaWw_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09NVNDUEwyR0ZXVkZUUkk2V0VUVzNPT0VCUUkmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfdG9waWNXBXNwY2V1Qgpmrb28rWYfb3j5Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [Inside New Balance’s Plan to Become a $10 Billion Sportswear Giant](~/AAAHagA~/RgRokEG9P4QJAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9yZXRhaWwvaW5zaWRlLW5ldy1iYWxhbmNlcy1wbGFuLXRvLWJlY29tZS1hLTEwLWJpbGxpb24tc3BvcnRzd2Vhci1naWFudC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09NVNDUEwyR0ZXVkZUUkk2V0VUVzNPT0VCUUkmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfdGl0bGVXBXNwY2V1Qgpmrb28rWYfb3j5Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) By Daniel-Yaw Miller ~/AAAHagA~/RgRokEG9P4QJAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9yZXRhaWwvaW5zaWRlLW5ldy1iYWxhbmNlcy1wbGFuLXRvLWJlY29tZS1hLTEwLWJpbGxpb24tc3BvcnRzd2Vhci1naWFudC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09NVNDUEwyR0ZXVkZUUkk2V0VUVzNPT0VCUUkmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfaW1hZ2VXBXNwY2V1Qgpmrb28rWYfb3j5Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~ [In under a decade, the Boston-based company transformed itself from a brand for dads and runners into one of the hottest players in the sneaker world. Now, it’s using the Olympics and an expanding roster of collaborators, athlete partners and sports categories as catalysts to achieve its lofty ambitions.](~/AAAHagA~/RgRokEG9P4QHAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9yZXRhaWwvaW5zaWRlLW5ldy1iYWxhbmNlcy1wbGFuLXRvLWJlY29tZS1hLTEwLWJpbGxpb24tc3BvcnRzd2Vhci1naWFudC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09NVNDUEwyR0ZXVkZUUkk2V0VUVzNPT0VCUUkmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfZGVrVwVzcGNldUIKZq29vK1mH294-VIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRokEG9P4QHAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9yZXRhaWwvaW5zaWRlLW5ldy1iYWxhbmNlcy1wbGFuLXRvLWJlY29tZS1hLTEwLWJpbGxpb24tc3BvcnRzd2Vhci1naWFudC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09NVNDUEwyR0ZXVkZUUkk2V0VUVzNPT0VCUUkmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfY3RhVwVzcGNldUIKZq29vK1mH294-VIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [RETAIL](~/AAAHagA~/RgRokEG9P0TFaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9yZXRhaWw_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09SjRMVlRMNFU3RkJIWko0TklBVklKRlBDVlEmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzNfdG9waWNXBXNwY2V1Qgpmrb28rWYfb3j5Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [Why Retailers Should Stop Worrying About the Gen-Z Versus Millennial Divide](~/AAAHagA~/RgRokEG9P4QUAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9yZXRhaWwvd2h5LXJldGFpbGVycy1zaG91bGQtc3RvcC13b3JyeWluZy1hYm91dC10aGUtZ2VuLXotdmVyc3VzLW1pbGxlbm5pYWwtZGl2aWRlLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzAzMDgyNCZ1dG1fdGVybT1KNExWVEw0VTdGQkhaSjROSUFWSUpGUENWUSZ1dG1fY29udGVudD10b3Bfc3RvcnlfM190aXRsZVcFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) By Cathaleen Chen ~/AAAHagA~/RgRokEG9P4QUAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9yZXRhaWwvd2h5LXJldGFpbGVycy1zaG91bGQtc3RvcC13b3JyeWluZy1hYm91dC10aGUtZ2VuLXotdmVyc3VzLW1pbGxlbm5pYWwtZGl2aWRlLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzAzMDgyNCZ1dG1fdGVybT1KNExWVEw0VTdGQkhaSjROSUFWSUpGUENWUSZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19pbWFnZVcFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ [As Gen-Zers hit their mid-20s, the style gap between that generation and their slightly older peers is rapidly widening and playing out publicly on TikTok. For brands, it’s not a matter of choosing a side but rather making an assortment accessible even to older, risk-averse customers.](~/AAAHagA~/RgRokEG9P4QSAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9yZXRhaWwvd2h5LXJldGFpbGVycy1zaG91bGQtc3RvcC13b3JyeWluZy1hYm91dC10aGUtZ2VuLXotdmVyc3VzLW1pbGxlbm5pYWwtZGl2aWRlLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzAzMDgyNCZ1dG1fdGVybT1KNExWVEw0VTdGQkhaSjROSUFWSUpGUENWUSZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19kZWtXBXNwY2V1Qgpmrb28rWYfb3j5Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [READ MORE](~/AAAHagA~/RgRokEG9P4QSAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9yZXRhaWwvd2h5LXJldGFpbGVycy1zaG91bGQtc3RvcC13b3JyeWluZy1hYm91dC10aGUtZ2VuLXotdmVyc3VzLW1pbGxlbm5pYWwtZGl2aWRlLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzAzMDgyNCZ1dG1fdGVybT1KNExWVEw0VTdGQkhaSjROSUFWSUpGUENWUSZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19jdGFXBXNwY2V1Qgpmrb28rWYfb3j5Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [MARKETING](~/AAAHagA~/RgRokEG9P0TLaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9tYXJrZXRpbmctcHI_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09WDUzTlJEU1pXQkNCUkNNN1Q3NTdJU0VRVTQmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzRfdG9waWNXBXNwY2V1Qgpmrb28rWYfb3j5Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [How Fashion Can Nail the Tricky Details of Sports Partnerships](~/AAAHagA~/RgRokEG9P4QNAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9tYXJrZXRpbmctcHIvaG93LWZhc2hpb24tY2FuLW5haWwtdGhlLXRyaWNreS1kZXRhaWxzLW9mLXNwb3J0cy1wYXJ0bmVyc2hpcHMvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMDMwODI0JnV0bV90ZXJtPVg1M05SRFNaV0JDQlJDTTdUNzU3SVNFUVU0JnV0bV9jb250ZW50PXRvcF9zdG9yeV80X3RpdGxlVwVzcGNldUIKZq29vK1mH294-VIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) By Joan Kennedy [As fashion’s interest in sports grows, brands are getting a crash course in the complicated world of sports sponsorships.](~/AAAHagA~/RgRokEG9P4QLAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9tYXJrZXRpbmctcHIvaG93LWZhc2hpb24tY2FuLW5haWwtdGhlLXRyaWNreS1kZXRhaWxzLW9mLXNwb3J0cy1wYXJ0bmVyc2hpcHMvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMDMwODI0JnV0bV90ZXJtPVg1M05SRFNaV0JDQlJDTTdUNzU3SVNFUVU0JnV0bV9jb250ZW50PXRvcF9zdG9yeV80X2Rla1cFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [READ MORE](~/AAAHagA~/RgRokEG9P4QLAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9hcnRpY2xlcy9tYXJrZXRpbmctcHIvaG93LWZhc2hpb24tY2FuLW5haWwtdGhlLXRyaWNreS1kZXRhaWxzLW9mLXNwb3J0cy1wYXJ0bmVyc2hpcHMvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMDMwODI0JnV0bV90ZXJtPVg1M05SRFNaV0JDQlJDTTdUNzU3SVNFUVU0JnV0bV9jb250ZW50PXRvcF9zdG9yeV80X2N0YVcFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [MARKETING](~/AAAHagA~/RgRokEG9P0TLaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9tYXJrZXRpbmctcHI_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX3Rlcm09Nko3Q1FCVlhLUkNZSEZFSDdCQ0JMRU9CWlUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzVfdG9waWNXBXNwY2V1Qgpmrb28rWYfb3j5Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [True Religion’s Hip-Hop Powered Comeback](~/AAAHagA~/RgRokEG9P0T2aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL21hcmtldGluZy1wci90cnVlLXJlbGlnaW9ucy1oaXAtaG9wLXBvd2VyZWQtY29tZWJhY2svP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMDMwODI0JnV0bV90ZXJtPTZKN0NRQlZYS1JDWUhGRUg3QkNCTEVPQlpVJnV0bV9jb250ZW50PXRvcF9zdG9yeV81X3RpdGxlVwVzcGNldUIKZq29vK1mH294-VIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) By Sheena Butler-Young [Even as the premium denim seller lost its hold on many consumers in the 2010s, hip-hop movers and shakers never wavered in their affinity for the horseshoe logo and signature thick stitching. That’s helping the brand mount a rebound today.](~/AAAHagA~/RgRokEG9P0T0aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL21hcmtldGluZy1wci90cnVlLXJlbGlnaW9ucy1oaXAtaG9wLXBvd2VyZWQtY29tZWJhY2svP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMDMwODI0JnV0bV90ZXJtPTZKN0NRQlZYS1JDWUhGRUg3QkNCTEVPQlpVJnV0bV9jb250ZW50PXRvcF9zdG9yeV81X2Rla1cFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [READ MORE](~/AAAHagA~/RgRokEG9P0T0aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL21hcmtldGluZy1wci90cnVlLXJlbGlnaW9ucy1oaXAtaG9wLXBvd2VyZWQtY29tZWJhY2svP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMDMwODI0JnV0bV90ZXJtPTZKN0NRQlZYS1JDWUhGRUg3QkNCTEVPQlpVJnV0bV9jb250ZW50PXRvcF9zdG9yeV81X2N0YVcFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€1](~/AAAHagA~/RgRokEG9P0SraHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3N1YnNjcmlwdGlvbnMvcGFja2FnZXMvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMDMwODI0JnV0bV9jb250ZW50PWJvZnByb19tb2R1bGVfY3RhVwVzcGNldUIKZq29vK1mH294-VIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [START TRIAL](~/AAAHagA~/RgRokEG9P0SraHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3N1YnNjcmlwdGlvbnMvcGFja2FnZXMvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMDMwODI0JnV0bV9jb250ZW50PWJvZnByb19tb2R1bGVfY3RhVwVzcGNldUIKZq29vK1mH294-VIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) MULTIMEDIA [PODCAST](~/AAAHagA~/RgRokEG9P0TBaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3BvZGNhc3RzP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMDMwODI0JnV0bV90ZXJtPUdVMzRIUks1REZHN0RDQlVTUUNITVhSTU1ZJnV0bV9jb250ZW50PW11bHRpbWVkaWFfMV90b3BpY1cFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [The BoF Podcast | Willy Chavarria on Promoting Social Justice Through Fashion](~/AAAHagA~/RgRokEG9P4QFAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9wb2RjYXN0cy9sdXh1cnkvd2lsbHktY2hhdmFycmlhLW9uLXByb21vdGluZy1zb2NpYWwtanVzdGljZS10aHJvdWdoLWZhc2hpb24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMDMwODI0JnV0bV90ZXJtPUdVMzRIUks1REZHN0RDQlVTUUNITVhSTU1ZJnV0bV9jb250ZW50PW11bHRpbWVkaWFfMV90aXRsZVcFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) By Imran Amed ~/AAAHagA~/RgRokEG9P4QFAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9wb2RjYXN0cy9sdXh1cnkvd2lsbHktY2hhdmFycmlhLW9uLXByb21vdGluZy1zb2NpYWwtanVzdGljZS10aHJvdWdoLWZhc2hpb24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMDMwODI0JnV0bV90ZXJtPUdVMzRIUks1REZHN0RDQlVTUUNITVhSTU1ZJnV0bV9jb250ZW50PW11bHRpbWVkaWFfMV9pbWFnZVcFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ BoF PROFESSIONAL ~/AAAHagA~/RgRokEG9P0SfaHR0cHM6Ly9wYWdlcy5idXNpbmVzc29mZmFzaGlvbi5jb20vdm9pY2VzMjAyNC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX2NvbnRlbnQ9c3BvbnNvcmVkX2ltYWdlVwVzcGNldUIKZq29vK1mH294-VIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk Valentino’s Alessandro Michele and Jacopo Venturini to Speak at BoF VOICES 2024 The Business of Fashion is pleased to announce that Valentino’s creative director Alessandro Michele and chief executive Jacopo Venturini will join us on stage at BoF VOICES 2024 to discuss their creative revamp of the iconic Roman fashion brand. Other BoF VOICES 2024 speakers confirmed so far include: - Ravi Agrawal, editor-in-chief, Foreign Policy - Josephine Philips, founder and CEO, Sojo - Bohan Qiu, founder and director, BOH Project - Brandon Wen, creative director, Royal Academy of Fine Arts in Antwerp - Clover Hogan, climate activist and founder, Force of Nature - [Please find a full list of the latest confirmed speakers here](~/AAAHagA~/RgRokEG9P0SVaHR0cHM6Ly9wYWdlcy5idXNpbmVzc29mZmFzaGlvbi5jb20vdm9pY2VzMjAyNC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX2NvbnRlbnQ9cHJvbW9XBXNwY2V1Qgpmrb28rWYfb3j5Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~). A limited number of invitation-only tickets remain to join us in person at Soho Farmhouse from November 12 to 15, 2024. To request an invitation, please complete the application form below. [APPLY NOW](~/AAAHagA~/RgRokEG9P0SdaHR0cHM6Ly9wYWdlcy5idXNpbmVzc29mZmFzaGlvbi5jb20vdm9pY2VzMjAyNC8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8wMzA4MjQmdXRtX2NvbnRlbnQ9c3BvbnNvcmVkX2N0YVcFc3BjZXVCCmatvbytZh9vePlSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. 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