Richemont Under Pressure

Burberry's Growth Challenges, How 2021 Reshaped the Luxury Market, Fashion's New Frontier: Virtual Worlds

ADVERTISEMENT

WHAT YOU NEED TO KNOW TODAY: FRIDAY, NOVEMBER 12, 2021 Richemont is facing mounting pressure over governance issues and steep losses at YNAP despite booming sales at Cartier. Burberry has yet to deliver on its growth plan as Marco Gobbetti prepares to depart. Watch the fourth episode of The BoF Show as Imran Amed examines why the metaverse may be fashion's next gold mine. Plus, don't miss VOICES 2021 with Balenciaga's Cédric Charbit, Vivienne Westwood, Janaya Future Khan and more. Register for the livestream.

TOP STORIES

LUXURY Richemont Under Pressure By Robert Williams

Cartier's sales are booming, but its Swiss owner faces mounting pressure to clean house. Activist shareholders are likely to push governance issues and steep losses at YNAP into the spotlight. READ MORE

LUXURY Burberry Struggles to Convince on Growth By Tamison O'Connor

The British brand is still lagging luxury rivals as outgoing chief executive Marco Gobbetti prepares to hand over responsibility for its years-long turnaround to Versace chief Jonathan Akeroyd. READ MORE

TECHNOLOGY Dematerialisation: Why the Metaverse Is Fashion's Next Goldmine By BoF Team

Physical and digital worlds merge in the Metaverse. Can the luxury world dematerialise into the virtual space fast enough to attract eager customers — and their avatars? READ MORE

How 2021 Reshaped the Luxury Market READ MORE

How Tapestry Is Raising Prices READ MORE

BoF PROFESSIONAL Join now and enjoy your first 30 days for just £1 START TRIAL

NEWS BRIEFS Mytheresa Posts Profit, Sales Growth Elizabeth Webbe Lunny Named Condé Nast's Chief Business Officer of the Style Division Alibaba Singles' Day Posts Record Sales Shiseido Bets on Southeast Asia, China, for Global Sales Boost European Luxury Stocks Slide on China Stagflation Concerns

MULTIMEDIA

TECHNOLOGY The Opportunity in Digital Fashion and Avatars By BoF Team

SPECIAL FEATURE

BoF Insights: The Opportunity in Digital Fashion and Avatars The latest BoF Insights report reveals that 50 percent of US general consumers (Gen-Z to Gen-X) are interested in purchasing a digital asset in the next 12 months — whether a digital skin or item in gaming, digital fashion, digital avatar and/or a non-fungible token (NFT). Are we at the precipice of a new digital frontier for fashion? Or are we facing a frenzy of hype, amplified by time spent at home during the pandemic? Read the report to learn BoF's perspective on the future of digital fashion and avatars, plus a playbook for how to develop a data-driven digital asset strategy. BUY NOW

The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. CONNECT WITH US ON CONTACT US ETHICS POLICY SPONSORSHIP & ADVERTISING JOB OPPORTUNITIES This email was sent to edwardlorilla1986.paxforex@blogger.com Update your preferences or unsubscribe from this list. All services provided are subject to our Privacy Policy. The Business of Fashion Ltd The Business of Fashion, Soho Works 2, Television Centre, 101 Wood Lane, London, W12 7FR, United Kingdom businessoffashion.com