Patrizio Bertelli’s Plan for Prada

Brandon Blackwood's Rise, Beauty Brands' Exit Strategies

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WHAT YOU NEED TO KNOW TODAY: FRIDAY, NOVEMBER 19, 2021 Prada CEO Patrizio Bertelli has ambitious growth plans for the brand, laying the ground to hand over control to his and Miuccia Prada's son in as little as three years. Brandon Blackwood rose to fame with his 'end systemic racism' totes in 2020, and is building off that momentum with a provocative billboard campaign and a personal approach to social media. An acquisition by a major conglomerate is no longer the ultimate exit plan for young beauty brands, which are seeing new paths forward thanks to SPACs and other newly-formed platforms. Farfetch shares plunged in after-hours trading after the luxury marketplace's third-quarter revenue came in below analysts' forecasts. VOICES 2021 Livestream — join us from Dec. 1 to 3 to hear from a stellar line-up of speakers from the worlds of technology, business, politics, finance, science, health & wellness, philanthropy, activism — and of course, fashion. Register now.

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LUXURY Patrizio Bertelli on Prada's Next Chapter By Robert Williams

After a lengthy turnaround, CEO Patrizio Bertelli outlined ambitious growth plans for the brand, laying the ground to hand over control to his and Miuccia Prada's son Lorenzo. READ MORE

MARKETING & PR How Brandon Blackwood Avoided Being a One-Hit Wonder By Alexandra Mondalek

The designer, whose viral "End Systemic Racism" bags helped him build a cult following, is now turning his attention to building a full-fledged brand beyond his signature totes. READ MORE

BEAUTY Beauty Brands' Newest Exit Strategy By Chantal Fernandez A new wave of deals in beauty show there are future paths beyond an acquisition from Estée Lauder or L'Oréal. READ MORE

Farfetch Shares Plunge in After-Hours Trading on Revenue Miss READ MORE

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At Columbia College Chicago, a Return to Hands-On Learning The creative and liberal arts college's curriculum is rooted in hands-on learning, immersive experiences and their diversity, equity and inclusion mission.  "We've observed what students respond to," says Dr. Colbey Reid, chair of fashion studies, who shares insights alongside faculty members and students. "We pair our design thinking courses with hands-on making and technological construction. We don't see one as precluding the other — we see a more supportive relationship." READ MORE

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