Transforming British Vogue

China's Next Super App

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WHAT YOU NEED TO KNOW TODAY: FRIDAY, JUNE 25, 2021 British Vogue publishing director Vanessa Kingori has helped transform the fashion title and revitalise its commercial prospects. Douyin has ambitions to become China's next super app but brands are not making the most of the short video platform. The sneaker resale site Goat was valued at $3.7 billion in its latest funding round. Mejuri's co-founder believes that jewellery brands need to look beyond existing frameworks to build a more sustainable future. Download BoF and McKinsey's new State of Fashion Watches & Jewellery report to learn more. Victoria Beckham will lower average prices for dresses by 40 percent and merge its main collection with its diffusion line.

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MEDIA Vanessa Kingori's Commercial Reboot of British Vogue By Tamison O'Connor The executive has been named Condé Nast Britain's chief business officer for style after helping to achieve "unprecedented revenue growth" at the fashion title. READ MORE

FASHION WEEK Rick Owens: The End of a Chapter By Angelo Flaccavento The designer's last pandemic-era show at the Venice Lido was a brilliant outing, at once hedonistic and light, reports Angelo Flaccavento. READ MORE

LUXURY Mejuri: Drafting a New Sustainability Roadmap By Hannah Crump

Mejuri founder Noura Sakkijha explains why jewellery brands should look beyond existing frameworks to build a more sustainable future for a sector that has faced scrutiny over its impact on the environment and the welfare of its workers. READ MORE

CHINA How to Tap China's Next Super App By Zoe Suen The short video platform Douyin has big ambitions but fashion and beauty brands are not making the most of its young, highly engaged audience. READ MORE

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NEWS BRIEFS Dior Teams Up With Travis Scott For Product Collaboration Nike Global Sales Nearly Double to $12.3 Billion In Fourth Quarter LVMH Partners With Textile Recycling Start-Up Goat Is Valued at $3.7 Billion After Latest Funding Round Canada Goose to Go Fur Free Victoria Beckham Cuts Prices in Brand Restructure Shinsegae Confirms Acquisition of eBay South Korea for $3 Billion China May Open Up to More Foreign Cotton After Xinjiang Ban Inside Pandora's Plan to Sell Lab-Created Diamonds to the Masses Baselworld Tries to Revive Watch Fair After Rolex, Swatch Exit

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