Fashion Entrepreneurs See Pandemic Opportunity

Gap's Billion-Dollar Kanye West Partnership, Conflict Disrupting Fashion's Supply Chain

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, MARCH 18, 2021 Entrepreneurs have started new fashion businesses at an unprecedented pace during the pandemic. Conflict in Myanmar and Ethiopia is disrupting suppliers for H&M, Benetton and others. Gap's Kanye West partnership could be worth as much as $970 million. Ralph & Russo has filed for administration after suffering from red carpet event cancellations. Plus, catch up on our BoF LIVE discussion on how to balance DTC and wholesale.

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ENTREPRENEURSHIP Why So Many Fashion Brands Are Launching Right Now By Cathaleen Chen

Entrepreneurs have founded tens of thousands of new retail businesses during the pandemic, sensing an opportunity amid the upheaval. What will it take for these new brands and stores to succeed? READ MORE

GLOBAL MARKETS The Risky Business of Emerging Manufacturing Hubs By Rachel Deeley

The pandemic is not the only cause of disruption to global supply chains. From Myanmar to Ethiopia, civil unrest and political conflict are impacting suppliers used by brands like H&M and Benetton. READ MORE

RETAIL Kanye West and Gap Have Billion-Dollar Ambitions for Yeezy Deal By Bloomberg The value of the new tie-up, which will hit stores this summer, could be worth as much as $970 million. READ MORE

LUXURY Ralph & Russo Goes Into Administration By Tamison O'Connor The British couture house will undergo a period of restructuring as the economic impact of Covid-19 takes a toll on business. READ MORE

WORKPLACE & TALENT How I Became… A Fashion Photographer By Sophie Soar With a client base that includes Nike, Apple and Gucci, the New York Times, Dazed and Vogue, Stephen Tayo advises aspiring photographers to 'dare to build on their community'. READ MORE

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NEWS BRIEFS UK Lawmakers Call for Crackdown on Companies With Supply Chain Links to Forced Uighur Labour Nordstrom Launches Livestream Shopping Programme Tailored Brands CEO Steps Down Justin O'Shea Debuts First Collection as DrizaBone Creative Director Pinduoduo Quarterly Revenue More Than Doubles Retail Sentiment in Thailand Up 43% in Feb Indian Apparel Manufacturers Strike Over Yarn Prices Shiseido to Shutter Youth-Focussed Waso Brand in Japan Possible Links Between Sandstorms and Cashmere Industry Raised Indian Entertainment Giant Is Getting Into the Fashion Business

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VIDEO DTC vs Wholesale — Striking the Right Balance By BoF Team

BoF CAREERS

Vestiaire Collective Is Hiring Global opportunities at Vestiaire Collective include a Brand Partnerships Manager and a Growth Analyst in its Paris headquarters, a Technical Lead in Berlin and an Account Manager Intern in New York.  Since launching in 2009, luxury resale company Vestiaire Collective has garnered over 7 million members in more than 50 countries. This year, Kering acquired a 5 percent stake in the business, pushing its valuation above $1 billion. The brand employs over 300 people internationally with offices in London, New York, Berlin, Milan and Hong Kong. VIEW JOBS

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