Why Venture Capital Is a Bad Fit for Fashion

Retail's New Hiring Strategy

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, APRIL 20, 2021 Venture capital is a bad fit for most fashion brands due to structural challenges and misaligned expectations. Retailers are on a once-in-a-generation hiring spree but finding the right workers for the post-pandemic store requires flexibility. London-based fashion creatives are facing a double blow from Covid-19 and Brexit. Nike and Kobe Bryant's estate are ending a nearly 20-year sneaker collaboration. Christopher John Rogers, Rixo and Alexis are Target's latest designer collaborations.

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ENTREPRENEURSHIP Why Venture Capital Is a Bad Fit for (Most) Fashion Businesses By Lauren Sherman

For every Reformation, there are a dozen Outdoor Voices. Most apparel companies will have better luck looking beyond Silicon Valley for funding. READ MORE

WORKPLACE & TALENT How Retailers Can Hire for the Post-Pandemic Shopping Boom By Sheena Butler-Young

The fashion industry is hiring sales associates, customer service representatives and other employees at a pace not seen in at least a decade. But finding the right workers is a challenge. READ MORE

WORKPLACE & TALENT London's Creatives Confront a New Era of Isolation By Daphne Milner

Brexit and Covid-19 have proved a double blow for the fashion capital. Some creatives are localising production, while others are looking outside the UK for solutions. READ MORE

RETAIL Nike, Kobe Bryant Estate End Sneaker Deal By Sheena Butler-Young Nike confirmed the footwear line of the late basketball star and entrepreneur is not being renewed. READ MORE

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NEWS BRIEFS André Leon Talley to Receive French Cultural Honour Facebook Pushes Into Audio to Compete With Clubhouse Target Will Collaborate with Christopher John Rogers and Other Designers Report: Italy's Etro is Considering Interest From L Catterton Oscars Red Carpet Signals Return to Glamour China's Ellassay Sees Q1 Recovery Following a 25% 2020 Revenue Drop Estée Lauder Appoints Koki Global Brand Ambassador Japanese Retail Giant Adastria's Annual Sales Drop 17% European Retail Group Pepco Eyes €4.5 Billion IPO

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RETAIL #BoFLIVE: The Future of Multi-Brand Retail By BoF Team

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Zara Is Hiring Opportunities at Zara include a Womenswear Designer, a Junior Menswear Designer, a Stylist and a Technical Designer at their headquarters in A Coruña, Spain. Founded in 1975 and based out of Galicia, Spain, Zara is the flagship company of the Inditex group — the world's largest apparel retailer. Zara sells womenswear, menswear and kids collections in over 2,100 stores across 96 markets and employs more than 150,000 people globally. VIEW JOBS

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