How CFOs Became One of Fashion’s Most In Demand Roles

Temu's Ambitions Are Bigger Than Beating Shein; Auction Houses Step Up Their Fashion Game

ADVERTISEMENT

WHAT YOU NEED TO KNOW TODAY: MONDAY, MARCH 20, 2023 Dozens of fashion retailers have appointed new CFOs in the last year alone, as the role has become both "in demand and demanding." Auction houses like Christie's and Sotheby's are hoping fashion will help them attract a new generation of buyers. Kering is betting on "value over volume" to keep growing while cutting climate impact. Temu has ambitions to become China's first truly global e-commerce player, but entrenched local rivals and geopolitical tensions loom. This Wednesday, join business leaders, technologists and creative innovators at the BoF Professional Summit: An Inflection Point in Fashion Tech. Register your place today.

TOP STORIES

WORKPLACE & TALENT How CFOs Became One of Fashion's Most In Demand Roles By Sheena Butler-Young

Allbirds, Stitch Fix and Burberry have all named new finance chiefs this month alone as the role becomes increasingly demanding and in-demand. READ MORE

LUXURY Fashion's Future at Auction Houses By Joan Kennedy

Traditional auction houses like Christie's, Sotheby's and Philips — known for selling Warhols, Picassos and antiques — are using Birkins and Jordans to cultivate their next generation of collectors. READ MORE

RETAIL Temu's Ambitions Are Bigger Than Beating Shein By Tiffany Ap

With a Super Bowl ad and a social marketing blitz, the Chinese-owned e-commerce platform has quickly built a big fast fashion business in the US. Analysts say its business is set up to potentially compete with Amazon and TikTok. READ MORE

RETAIL The Sneaker Market's Winners and Losers By Brian Baskin Nike and On report results this week, and will likely take a more upbeat view of the sneaker market than their rivals. That, plus what else to watch for this week. READ MORE

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

NEWS BRIEFS John Lewis May Dilute Historic Partnership Model, Times Reports

ADVERTISEMENT

Giorgio Armani Spring Summer 2023 Collection: Fil d'Or A fine thread links one collection to the next in further exploration of themes and forms. For SS23, that thread is illuminated with golden gleams that punctuate the figure, form details and texture of fabrics and accessories. Silhouettes, complemented by flat shoes, are long, liquid and evanescent like a desert mirage: duster coats, fluid jackets, sarouel trousers and weightless skirts mix and overlap in a spontaneous motion embracing the female figure with sweet spirituality. DISCOVER THE COLLECTION

The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. CONNECT WITH US ON CONTACT US ETHICS POLICY SPONSORSHIP & ADVERTISING JOB OPPORTUNITIES This email was sent to edwardlorilla1986.paxforex@blogger.com Update your preferences or unsubscribe from this list. All services provided are subject to our Privacy Policy. The Business of Fashion Ltd The Business of Fashion, Soho Works 2, Television Centre, 101 Wood Lane, London, W12 7FR, United Kingdom businessoffashion.com