The Fashion Billionaires Who Got Even Richer in the Year of the Pandemic View on Web Add to contacts New reader? Subscribe THE DAILY DIGEST ADVERTISEMENT THE UPFRONT Dear BoF Community, This week, countries across Europe returned to lockdown and the US recorded a record number of new coronavirus cases in a single day. With no end in sight to the global health crisis, e-commerce has become an essential lifeline for most brands. But low-cost retailer Primark has no plans to sell online at all. Will its big bet on old-school sales channels pay off? Tamison O'Connor explores why Primark thinks people will still venture out to its stores, even in a pandemic. Plus Casey Hall investigates the 'fashion billionaires' who have made a fortune in China in the year of the pandemic, and Tim Blanks reviews Undercover's 'Fallen Man' show. And Chantal Fernandez breaks down the $1.1 billion joint venture between Farfetch, Alibaba and Richemont.  Elsewhere, tune in to BoF's latest podcast to hear what the outcome of the US election could mean for the fashion industry.   Sarah Kent, Senior Correspondent  TODAY'S MUST READ Intelligence The Retailer That's Still Charging Ahead Without E-Commerce BY Tamison O'Connor Against the odds, Primark's sales bounced back faster than expected over the summer, despite the company's lack of online sales channels. But a second wave of lockdowns is putting fresh pressure on the retailer. Try BoF Professional for 30 days for $1/£1 JOIN TOP STORIES News & Analysis What the Farfetch-Alibaba-Richemont Tie Up Means for the Future of Online Luxury BY Chantal Fernandez Farfetch has raised $1.15 billion from three of the industry's biggest players, including the owner of its greatest rival. Does the partnership foreshadow further consolidation — and where does Yoox Net-a-Porter fit into all of this? Try BoF Professional for 30 days for $1/£1 JOIN China Decoded The Fashion Billionaires Who Got Even Richer in the Year of the Pandemic BY Casey Hall This year's biggest winners may have been China's uber-wealthy business leaders, who amassed an astonishing amount of wealth despite the global pandemic. Many of them have fashion to thank for part of their fortunes. Try BoF Professional for 30 days for $1/£1 JOIN Podcasts The BoF Podcast: The Fashion Industry Unpacks the US Election BY BoF Team The BoF team and industry experts Sharifa Murdock and Stephen Lamar discuss what the close vote means for the future of fashion. Market Pulse Luxury Sector Recovers in Time for Second Lockdown BY Pierre Mallevays Quarterly results have highlighted a recovery in sales over the summer, but the sector is bracing itself for further lockdowns in Europe and potential post-election turmoil in the US. Try BoF Professional for 30 days for $1/£1 JOIN Tim's Take Tim Blanks' Top Fashion Shows of All-Time: Undercover Autumn/ Winter 2020 BY Tim Blanks BoF's Editor-at-Large goes back to Jun Takahashi's dark, idiosyncratic obsessions with his 'Fallen Man' show. IN OTHER NEWS Live Blog: Consumer Recovery Forecast as Biden Wins More States Italy Locks Down Milan and Much of Industrial North Capri Holdings Beats Quarterly Revenue Estimates Denmark to Cull Mink Population After Virus Fears Power Moves | Lululemon Bolsters Executive Team, VF Names Global D&I VP BoF CAREERS - FEATURED JOBS   E-Commerce Director CDLP     Stockholm, Sweden   Clienteling & Loyalty Manager, North America LVMH Fashion Group   New York, United States   VIP Client Services Assistant - Asian Market Dover Street Market   London, United Kingdom View All Jobs Subscribe Were you forwarded this email? To subscribe to this newsletter, click below. Subscribe for Free Follow Us The Business of Fashion Sponsorship & Advertising About This email was sent to edwardlorilla1986.paxforex@blogger.com Add to Address Book | Unsubscribe | Edit Newsletter Subscriptions The Business of Fashion Moray House - 6th Floor · 23-31 Great Titchfield St London W1W 7PA · United Kingdom