Finding the Next Generation of Tech Talent

VOICES 2022, Farfetch Shares Plunge, Intermix Sold Again

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WHAT YOU NEED TO KNOW TODAY: FRIDAY, DECEMBER 2, 2022 Nordstrom's sponsorship of a technology course at Morehouse College is the latest example of fashion's evolving approach to recruiting. Farfetch shares closed at an all-time low after the luxury marketplace projected a return to growth in 2023, but also rising costs. Intermix owner Altamont Capital Partners sold the retailer to Regent, another private equity firm. BoF VOICES 2022 culminated with sessions on global creativity and personal transformations.

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WORKPLACE & TALENT How Fashion Can Build Its Own Tech Talent Pipeline By Sheena Butler-Young

Waves of Silicon Valley layoffs may create an opportunity for companies in other industries to staff up. Retailers like Nordstrom are looking to the next generation by sponsoring college courses. READ MORE

NEWS & ANALYSIS BoF VOICES 2022: Creativity and Its Power to Change By BoF Team

From South Korea and Japan to Ghana and Ukraine, speakers including Fast Retailing's Koji Yanai, photographer Campbell Addy and stylist Julie Pelipas discussed the power of culture and creativity in the fourth session of BoF's annual conference for big thinkers. READ MORE

NEWS & ANALYSIS BoF VOICES 2022: Live Your Best Life By BoF Team

In the final session of BoF's annual gathering, speakers from model Dennis Okwera and Coty chief Sue Y. Nabi to Nike's Larry Miller and activist Malala Yousafzai reflected on their personal histories and inner powers. READ MORE

RETAIL Farfetch Stock Plunges Following 2023 Forecast By Malique Morris Shares ended at an all-time low as the online luxury marketplace outlined the cost of unlocking revenue from new retail partnerships. READ MORE

As Intermix Changes Hands Again, Brands Seek Payment READ MORE

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Unpacking the Amazon Ads Opportunity for Fashion Amazon Ads provides fashion brands with the scale and reach to help drive engagement with their brand both within the Amazon store and direct-to-brand. Some 66 percent of US fashion consumers surveyed by Amazon and data analytics company Kantar in 2020 reported visiting the Amazon store once a week or more, while 51 percent of fashion shoppers said Amazon was the "place to go" to find the newest fashion items from popular brands. "Understanding how audiences engage with our sites allows us to provide richer experiences with better relevancy, which in turn benefits both shoppers and the brand," says Tanner Elton, VP of US Advertising Sales. READ MORE

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