Building a Business From Humble Beginnings

Fashion's CEO Turnover

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WHAT YOU NEED TO KNOW TODAY: SATURDAY, JULY 16, 2022 A wave of CEO departures at major fashion brands is a sign the industry is bracing for turbulence ahead. Richemont and Burberry said China's Zero-Covid approach depressed sales in their most recent quarters. BoF Professional analysis now unlocked for non-members: The way consumers shop for beauty products is evolving rapidly as big-box retailers take on Sephora and Ulta, writes Rachel Strugatz. Plus, this week on The BoF Podcast, Appear Here founder and CEO Ross Bailey shares his advice for young founders.

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WORKPLACE & TALENT The BoF Podcast | Ross Bailey on Building a Business From Humble Beginnings By BoF Team

The founder and CEO of retail pop-up marketplace Appear Here shares his entrepreneurial journey and advice for young founders looking to break through. READ MORE

WORKPLACE & TALENT The Post-Pandemic CEO Shakeup By Sheena Butler-Young

From Gap to MatchesFashion, fashion businesses are shaking up the top job, as the industry puts some of its Covid-era problems behind it and prepares for a new set of challenges, including an economic downturn. READ MORE

BEAUTY The Way Consumers Buy Beauty Products Is Changing. Again. By Rachel Strugatz Department stores used to be ground zero for consumers looking to try and buy new makeup or skin care products, only to lose their grip on the market to Sephora and Ulta. Now, another evolution is underway as big-box retailers and drugstores enter the fray. READ MORE

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NEWS BRIEFS Richemont, Burberry Sales Disappoint, Dragged Down by China's Covid-Zero Strategy US Retail Sales Top Forecast Burberry Holds Outlook Steady Amid China Lockdowns

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