What Are Fashion’s Climate Risks?

Nike's Web3 Launch, Balenciaga Leaves Twitter

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, NOVEMBER 15, 2022 Climate change is already threatening the way fashion does business. Here's how. Nike is launching .Swoosh, a hub for the brand's web3 products and content. BoF Insights flags that fashion has a long, slow trek to hit the UN's 2030 sustainability targets. Balenciaga became the first large fashion brand to leave Twitter amid mounting concerns of looser content moderation on the site. Estée Lauder is expected to announce its $2.8 billion acquisition of Tom Ford on Tuesday. Plus, tune into Micheline El Achkar on Building a Career in Beauty on Nov 17 at 16:00 London / 11:00 New York. Register now.

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SUSTAINABILITY What Are Fashion's Climate Risks? By Rachel Deeley

Efforts to stave off catastrophic climate change are failing, reports from the UN's COP27 climate summit show. From cotton yields to forced labour, here's what that means for fashion READ MORE

BEAUTY Estée Lauder to Buy Tom Ford in $2.8 Billion Deal By Lauren Sherman

The beauty conglomerate is expected to tap multiple partners to handle the fashion and accessories side of the business, according to a source. READ MORE

TECHNOLOGY Nike Is Launching Its First Big Web3 Project By Marc Bain

Nike's .Swoosh is a platform for customers to learn about web3, collect virtual products like sneakers or jerseys and, eventually, help to co-create them — even potentially earning royalties on their sales. READ MORE

SUSTAINABILITY BoF Insights | Does Fashion Stand a Chance of Hitting Its Sustainability Targets? By Diana Lee

With all eyes on COP27, BoF Insights research into the sustainability initiatives of the world's 30 largest publicly listed fashion companies underscores why the industry is at risk of missing sustainability goals set for the end of this decade. READ MORE

MARKETING Balenciaga Has Left Twitter By Robert Williams Following Elon Musk's acquisition, advertisers have raised concerns about the risks of loosening content moderation on the site. READ MORE

WORKPLACE & TALENT How to Impress in a Job Interview in Fashion By Maya Avram From crafting a personal story to reaching out to recruiters on digital platforms, learn how fashion job seekers can stand out in interviews in an increasingly competitive market — with insights from careers consultants and industry professionals. READ MORE

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NEWS BRIEFS Nike Loses Third Diversity Chief in Two Years Adidas Seeks Cash From Rare Bond After Yeezy Split, New CEO Amazon Plans to Lay Off 10,000 People Starting This Week Report: Frasers Group Said In Talks to Buy Gieves & Hawkes

BoF CAREERS

Building a Career in Beauty With L'Oréal's Micheline El Achkar Micheline El Achkar, head of makeup research and innovation for luxury brands at L'Oréal, will share her insights on building a career in beauty on Thursday, November 17 at 16:00 GMT/11:00 EST. Packed with career advice for those entering the industry or looking to take their next step in beauty, this LinkedIn Live broadcast offers a unique opportunity to engage with a leader in this space. SIGN-UP NOW

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