Tuesday, October 27, 2020

Making Wholesale Better

LVMH and Tiffany in Talks to Reduce Deal Price

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THE DAILY DIGEST

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DDNL | DHL | Web 2 | Oct 26-28, 2020

THE UPFRONT

Dear BoF Community

Many fashion brands remain dependent on department stores, e-tailers and multi-brand boutiques to drive sales, but the cost of doing business with these third parties is growing as some pandemic-stressed retailers push unfavourable terms. Lauren Sherman examines how labels can forge wholesale relationships without getting squeezed. Meanwhile, LVMH and Tiffany are currently in talks to agree a lower price for the French conglomerate's stalled acquisition of the American jeweller. Plus, fashion has become a key battlefield for South Korean tech giants and brands like Chanel are seizing the opportunity.

Vikram Alexei Kansara, Editorial Director

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