The Formal Footwear Boom

Isabel Marant Plots €500 Million Future, NYFW Schedule Released, Another Vibe Shift

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, JANUARY 12, 2023 Male luxury shoppers still love sneakers but they expect to splash out on dressier shoes in the year ahead, according to BoF Insights. Isabel Marant is targeting sales of €500 million, emboldened by a swift pandemic recovery. Fashion leaders are rethinking their organisational structures to unlock growth as economic turbulence eases. BoF Professional analysis now unlocked for non-members: Is eBay's Love Island Partnership a Sign of Fashion's 'Vibe Shift'? Thom Browne will return to New York Fashion Week. Tom Ford, Tommy Hilfiger and Peter Do were absent from the preliminary schedule. Plus, this week on The Debrief, Business of Beauty executive editor Priya Rao shares how Harry Styles captured lightning in a bottle with his beauty brand Pleasing.

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RETAIL BoF Insights | How Men's Footwear Is Smartening Up in 2023 By BoF Insights

Male shoppers aren't ready to give up on sneakers just yet, but dressier shoes are gaining favour, according to a BoF Insights survey. READ MORE

LUXURY Isabel Marant's Plan to Scale 'Parisienne' Luxury Into a €500M Business By Tamison O'Connor The French designer brand has bounced back from the pandemic strongly, with 2022 sales approaching €300 million. Now, the company is laying plans for its next stage of growth, debuting a new logo to signal bigger ambitions. READ MORE

WORKPLACE & TALENT The Year Ahead: What a Fashion Company Looks Like in 2023 By BoF Team and McKinsey & Company

Fashion executives need a new vision for what the organisation of the future will look like, focusing on attracting and retaining top talent as well as elevating teams and senior positions to align with strategic objectives for growth. READ MORE

SUSTAINABILITY Is eBay's Love Island Recoupling a Sign of Fashion's 'Vibe Shift'? By Sarah Kent Trend forecasters are calling an end to the age of excessive consumption, while the resale platform says its tie-up with the hit reality show has converted millions to secondhand shopping. READ MORE

Thom Browne Returns to the Official New York Fashion Week Calendar READ MORE

Uniqlo Owner Gives Japan Inc a Jolt With 40 Percent Wage Hike READ MORE

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NEWS BRIEFS Supermodel Tatjana Patitz Dies, Aged 56 P&G Beauty Acquires Textured Hair Brand Mielle Organics JD Sports Lifts Outlook After 20 Percent Christmas Revenue Growth

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PODCAST The Debrief | How Harry Styles Built a Nail Polish Empire By Lauren Sherman and Priya Rao

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How Emerging Consumer Sentiment Should Inform Your Returns Process E-commerce returns company Happy Returns, a PayPal company, and research firm TRC surveyed over 2,000 US consumers on their evolving shopping habits and attitudes towards online returns to help merchants optimise strategies. From understanding younger consumers' returns practices with their expectations around sustainability to the evolving consumer preferences for in-person returns versus free mail-in returns, BoF shares extracts from the report and distils four key insights alongside BoF's own reporting and analysis. READ MORE

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