The Booming Business of Repairs

Livestream Fails to Take Off, Unpacking Kering's Gucci Beauty Plans

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, AUGUST 18, 2022 Investors are betting millions on start-ups looking to modernise the business of repairs and alterations. Facebook's shuttering of its live shopping features is just the latest setback for the concept in the West. Kering's rumoured plans to take its Gucci beauty business in-house would send shockwaves through the industry, Rachel Strugatz writes. Plus, this week on The Debrief, BoF's Cathaleen Chen and Brian Baskin analyse the past, present and future of direct-to-consumer retail. Tune into the next Building a Career in Fashion on LinkedIn Live with Ben Cobb, editor of ES Magazine, the Evening Standard's weekly culture and lifestyle supplement, on Tuesday, 23 August at 16:00 BST/11:00 EDT. Register now.

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SUSTAINABILITY Why Repair Services Are a Growing Business By Rachel Deeley

Brands are stepping up in-store offerings and investors have bet millions on start-ups in the space as interest in sustainability and resale boosts demand to keep clothes in good condition for longer. READ MORE

RETAIL What Will it Take for Livestream Shopping to Work in the West? By Joan Kennedy

This month, Facebook decided to pull back on livestream shopping — a tactic that has failed to gain meaningful traction in the West despite being a wild success in China. READ MORE

BEAUTY Dior and Chanel Run Their Own Beauty Lines. Why Not Gucci Too? By Rachel Strugatz

Kering's rumoured plan to someday bring its largest brand's beauty business in house may take years to pull off, but is already sending shockwaves throughout the industry. READ MORE

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PODCAST The Debrief | Making Sense of the Direct-to-Consumer Reckoning By BoF Team

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At CIFF, Empowering the Fashion Community With Growth Solutions "A made-to-order manufacturing model is not an 'all or nothing' exercise. We can start with one product or segment — the easiest silhouette — and try it out. Work on a raw material basis rather than finished goods, and reinvent your design strategy to adapt to what the supplier can offer you," said Gonçalo Cruz, CEO of Platforme, in conversation with BoF at the Copenhagen International Fashion Fair (CIFF), last week.  Here, BoF shares key insights from the talk, which focused on innovations to fashion's traditional processes.  READ MORE

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