BoF’s Year in Fashion | A Luxury Sector Transformed

LVMH vs Tiffany: Deal or No Deal? View on Web Add to contacts New reader? Subscribe YEAR IN FASHION THE UPFRONT The Business of Fashion will be taking a break between 24 December 2020 and 3 January 2021. In the meantime, explore our analysis from an unparalleled year for the global fashion industry. We wish you a happy holiday season and a great start to 2021. Dear BoF Community,  In 2021, luxury companies will face a sector that's been fundamentally transformed.  LVMH's Tiffany mega-deal is moving ahead, putting one of jewellery's most recognizable brands in the hands of luxury's most well-funded group. After online sales surged 50 percent, luxury e-commerce players will now be fighting not to lose hard-won ground as stores reopen and travel resumes. And while many brands pledged to use the pandemic as a chance to do things differently, re-thinking fashion's "system" of showing, delivering and discounting collections, others have tried to forge ahead at their usual pace, insisting that the "system" works just fine. Before diving back into the race, take another look at how luxury's landscape changed this year. Happy holidays. Robert Williams, Senior Europe Correspondent Intelligence LVMH vs Tiffany: Deal or No Deal? BY Lauren Sherman and Robert Williams The largest acquisition in the history of the luxury goods sector is collapsing, setting up what could be the biggest luxury M&A battle of all time. BoF lays out five possible outcomes. Try BoF Professional for 30 days for $1/£1 JOIN Intelligence The Future of Handbags BY Robert Williams In luxury's biggest and most profitable category, the path to success is narrower than before. Which styles are selling and why? Try BoF Professional for 30 days for $1/£1 JOIN BoF Professional Louis Vuitton's CEO on Navigating the Pandemic and the Future of Luxury BY Imran Amed The French megabrand was hit hard by the pandemic. But Chief Executive Michael Burke led Louis Vuitton to a healthy rebound by engaging local clients and driving sales online. Now, the executive is calling for a return to the original values of luxury. Try BoF Professional for 30 days for $1/£1 JOIN Intelligence Can 'New Bottega' Balance Hype, Heritage and Rapid Growth? BY Robert Williams Amid surging sales, Bottega Veneta needs to keep up the momentum without losing its discreet charm. CEO Bartolomeo Rongone talks exclusively to BoF about the reinvention of the Italian heritage brand and where it's headed from here. Try BoF Professional for 30 days for $1/£1 JOIN BoF Professional Luxury's E-Commerce Shake-Up Is Just Getting Started BY Robert Williams Executive changes at LVMH, YNAP and MatchesFashion are the latest sign of rapid change in a hyper-competitive market where the stakes are high and rising. Try BoF Professional for 30 days for $1/£1 JOIN Intelligence The One Luxury E-Commerce Player That's Consistently Made Money BY Vikram Alexei Kansara How has Mytheresa made online luxury profitable when competitors have struggled? CEO and President Michael Kliger reveals the secrets to the company's success. Try BoF Professional for 30 days for $1/£1 JOIN BoF Professional Richemont Needs a Transformational Move BY Lauren Sherman For years, the Swiss luxury group has lagged rivals in fashion and tech, and now finds its dominance in hard luxury under threat. What is chairman Johann Rupert's end game? Try BoF Professional for 30 days for $1/£1 JOIN Luca's Letter What Makes a Luxury Turnaround Work? BY Luca Solca From Bottega Veneta's aesthetic reinvention to Burberry's attempts to move upmarket, there are several different genres of brand turnaround strategies, with significantly different probabilities of success. Try BoF Professional for 30 days for $1/£1 JOIN BoF Professional VOICES 2020: Fixing the Fashion System BY Robert Williams Industry leaders including Remo Ruffini, Dries Van Noten and Harper's Bazaar's Samira Nasr offered ideas on how to solve some of fashion's biggest problems, from outdated approaches to showing, delivering and discounting collections to the need for more meaningful inclusion. Try BoF Professional for 30 days for $1/£1 JOIN Podcasts The BoF Podcast: Scott Galloway on Breaking Up Big Luxury BY BoF Team The bestselling author and business professor offers his insight into the challenging market and M&A landscape that industry players of all sizes have to navigate. BoF CAREERS - FEATURED JOBS View All Jobs   PRODUCER Moncler   Milan, Italy   Store Manager Reformation   Seattle, United States   Freelance Footwear Developer Studio Nicholson   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