Fashion’s Supply Chain ‘Tipping Point’

The Future of Airport Retail, P&G's Prestige Beauty Ambitions

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WHAT YOU NEED TO KNOW TODAY: FRIDAY, MARCH 18, 2022 Fashion's imminent "tipping point" will enable buyers and suppliers to join forces to repair faulty supply chains, writes John Thorbeck in his latest First Mile column. Airport retail is undergoing an overhaul as the business travellers and Chinese tourists who once spent big on duty-free fashion and cosmetics stay home. Procter & Gamble is bulking up its prestige beauty offering with acquisitions and the launch of a new specialty beauty division. Bernard Arnault is signalling his intent to lead LVMH until he is 80, giving himself more time to devise a succession plan. Chanel is screening customers in South Korea to stop bulk buyers intending to flip purchases on the resale market.

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RETAIL How to Fix Fashion's Supply Chain? Begin With Culture By John Thorbeck

Change begins within a company, starting with C-suite executives and the value system they create. READ MORE

RETAIL The Future of Airport Retail By Daniel-Yaw Miller

International travel will likely need years to recover from the pandemic. Luxury brands and duty-free retailers are betting on e-commerce, trendier products and a better shopping experience to make up for the shortfall. READ MORE

BEAUTY P&G's Plan to Get Into Prestige Beauty By Diana Pearl

Seven years after offloading over 40 beauty brands, the CPG conglomerate is launching a new speciality beauty division. But much has changed about the market. READ MORE

Chanel Duels South Korean Resellers Amid Luxury Boom READ MORE

Bernard Arnault Signals Intent to Lead LVMH Until He Is 80 READ MORE

Regina King, Blake Lively, Ryan Reynolds and Lin-Manuel Miranda Named Met Gala Co-Chairs READ MORE

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RETAIL BoF LIVE: Building Resilience & Value in Fashion's Supply Chain By BoF Team

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