The BoF Podcast: The Future of New York Fashion Week

Recentering the Fashion World, Hermès Beats Expectation

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WHAT YOU NEED TO KNOW TODAY: SATURDAY, FEBRUARY 20, 2021 Uniqlo parent Fast Retailing is the world's most valuable fashion business, reflecting a recentering of the fashion sector from West to East. Hermès bounced back faster than expected last year, growing 16 percent in the fourth quarter. After the death of 28 garment workers in a Moroccan factory, activists appealed to European lawmakers for more protections. Plus, this week on The BoF Podcast, Jason Wu discusses the future of New York Fashion Week.

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FASHION WEEK The Future of New York Fashion Week By BoF Team

This week on The BoF Podcast, designer Jason Wu and BoF's senior correspondent Chantal Fernandez examine the evolving purpose of runway shows and what New York Fashion Week might look like after the pandemic. READ MORE

RETAIL From West to East: Recentering the Fashion World By Vikram Alexei Kansara

This week, Uniqlo's Japanese owner Fast Retailing became the world's most valuable fashion company, a reflection of just how much the pandemic is recentering the global fashion sector from the United States and Europe to Asia. READ MORE

LUXURY Hermès Sales Accelerate at Year-End, Rising 16 Percent By Robert Williams The French luxury company bounced back faster than expected last year after shutting down production of its famed Birkin and Kelly bags for more than a month. READ MORE

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NEWS BRIEFS Kim Kardashian Files For Divorce From Kanye West Macy's Considers New Debt Sale to Aid Post-Pandemic Recovery Topshop Owner Arcadia Owed $1.1 Billion to Creditors Valentino Sued for $207 Million After Shutting Manhattan Boutique Over the Pandemic The 2021 CFDA/Vogue Fashion Fund Will Benefit 10 Designers Grazia USA Releases First Digital Covers Under New Team Marco Tomasetta Named Creative Director of Montblanc Flipkart CEO Targets Fashion for Growth Spotlight on Moroccan Garment Industry Following Death of 28 Sweatshop Workers Hainan's Duty Free Shopping Boom Continued Over China's Spring Festival Holiday

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