Dear BoF Community,
It's a tense time for many fashion brands. With the number of distressed labels rising and the fashion sector reliant on China's recovery, it makes increasing sense to consider Chinese backers. And yet previous high-profile deals suggest there is good reason to exercise caution — especially next year when the predicted M&A frenzy will almost certainly be a buyer's market as investors look to bag a bargain. Zoe Suen weighs up the pros and cons of inking a deal with a Chinese investor. Plus, op-ed writer Aaron Chamberland argues that "dematerialising" fashion is the only real solution to the industry's sustainability problem.
Robb Young, Global Markets Editor
P.S. How to make sense of 2020 as the pandemic rewires the fashion system, retail and life at large? Join us for VOICES 2020, featuring the most authoritative speakers from inside and outside fashion on the global economy, politics, technology, retail and health & wellbeing.
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