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When Fashion’s Sustainability Standards Fail

Matchesfashion's New CEO Speaks, Searching for the Next Glossier

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, NOVEMBER 3, 2022 The Sustainable Apparel Coalition is trying to move past a greenwashing crackdown. Matchesfashion's new CEO Nick Beighton is working to restore growth after the e-tailer reported another year of flat revenues. Hedi Slimane's Celine will return to the runway with a Dec. 8th show in Los Angeles. A groupthink mentality and a lack of funding are stifling innovation in the beauty industry, writes Rachel Strugatz. This week on The Debrief, BoF's Daniel Yaw-Miller discusses whether streetwear is still cool. Plus, Gigi Hadid, Jerry Lorenzo and Larry Miller join the roster of speakers for BoF VOICES 2022. Register for the livestream.

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LUXURY Can a New CEO 'Transform' Matchesfashion? By Tamison O'Connor The British luxury e-tailer reported another year of widening losses in 2021. But new chief Nick Beighton is focused on the future, looking to attract young customers and revamp the site's user experience. READ MORE

SUSTAINABILITY Can Fashion's Favourite Sustainability Standard Be Saved? By Sarah Kent

At its annual meeting the Sustainable Apparel Coalition sought to move past a greenwashing controversy that's exposed the limits of the fashion industry's efforts at self-regulation. READ MORE

NEWS & ANALYSIS Gigi Hadid, Jerry Lorenzo and Jordan Brand's Larry Miller Will Speak at BoF VOICES 2022 By BoF Team

They join an exciting and inspirational group of speakers at BoF's annual gathering for big thinkers to be held from Nov. 29 to Dec. 1 2022. Reserve your spot to join the livestream today. READ MORE

BEAUTY Where Is the Next Glossier? By Rachel Strugatz The beauty industry keeps serving up the same brands and products while non-celebrity founders struggle to raise money to scale innovative concepts. READ MORE

BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€1 START TRIAL

NEWS BRIEFS Next Sticks to Outlook After Quarterly Sales Rise Canada Goose Cuts Full-Year Revenue Forecast on Slump in China Sales Hedi Slimane's Celine to Return to the Runway Estée Lauder Falls After Slashing Outlook on China Weakness

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PODCAST The Debrief | Is Luxury's Streetwear Obsession Over? By Lauren Sherman and Daniel-Yaw Miller

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Reimagining the Returns Process to Unlock Growth In a recent BoF Live event, Andrew Pease, senior growth director at Happy Returns, and consumer psychologist Kate Nightingale, discussed the strategies that bring returns in line with brand experience, and the opportunities it can provide to operate more responsibly. "Returns are a massive opportunity for brands," said Pease. "There are four key elements to the returns experience. Firstly, shopper loyalty and lifetime value — people that have great returns experiences become great returning buyers. Then, cost reduction, revenue retention and sustainability." READ MORE

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