The BoF Podcast: Charter CEO Kevin Delaney on Modern Leadership

Unpacking Luxury's Response to Ukraine, Hermès Closes Russia Stores

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WHAT YOU NEED TO KNOW TODAY: SATURDAY, MARCH 5, 2022 Most luxury brands have avoided acknowledging Russia's responsibility for the war in Ukraine. But some are pulling out of the country anyway amid mounting challenges. Hermès, LVMH, Nike and others said they would close their Russian stores, and the LVMH Prize has pledged support to its three former semi-finalists from Ukraine. BoF Professional analysis now unlocked for non-members: New Guards Group and LVMH aim to harness the legacy of Virgil Abloh to build Off-White into an 'eternal' brand. Farfetch disclosed in a regulatory filing that a subsidiary is facing a "review" by Italian tax authorities. Read the latest BoF Insights report to get BoF's perspective on the state of the fashion industry's supply chain model, plus data-driven guidance on how companies can strengthen their supply chains in the face of pandemic and geopolitical challenges. Plus, this week on The BoF Podcast, co-founder and CEO of Charter Kevin Delaney asks what kind of leaders we need to be now.

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WORKPLACE & TALENT What Kind of Leaders Do We Need to Be Now? By BoF Team

Kevin Delaney, co-founder and CEO of Charter, shares his insights into employees' evolving expectations and how leaders need to adapt to secure and retain the best talent. READ MORE

GLOBAL MARKETS Unpacking Luxury's Response to the War in Ukraine By Tamison O'Connor

Whether or not brands keep doing business in Russia is largely being driven by logistical challenges rather than moral commitments. READ MORE

GLOBAL MARKETS Ukraine War: Hermès, LVMH and Nike to Close Russian Stores By BoF Team Companies are also continuing to pledge humanitarian aid, while the LVMH Prize said it will offer support to its three former semi-finalists from Ukraine Friday. READ MORE

RETAIL Building Resilience and Value in Fashion's Supply Chain — BoF Insights By Diana Lee and Rahul Malik Read the latest BoF Insights report to get BoF's perspective on the state of the fashion industry's supply chain model, plus data-driven guidance on how companies can strengthen their supply chains in the face of pandemic and geopolitical challenges. READ MORE

The Plan for Off-White After Virgil Abloh READ MORE

BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€5 START TRIAL

NEWS BRIEFS Farfetch Faces Tax Scrutiny in Italy Coupang Losses Widen on Soaring Costs to Fend Off Rivals

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Inspired by Europe, Made in Europe High-quality denim, handmade in Italy – that has been Closed's mission since 1978. The fashion brand, now based in Germany, was founded by two French designers in Italy and still draws inspiration from its European heritage. More than 80% of all Closed products are made by the brand's long-standing partners in Europe. DISCOVER MORE

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