How the DTC Bust Could Play Out

Tim Blanks on Balenciaga's Reset; What's Adidas Going to Do With All Those Yeezys?

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WHAT YOU NEED TO KNOW TODAY: MONDAY, MARCH 6, 2023 DTC brands are preparing for a long, slow recovery after valuations crashed last year. In the wake of scandal, Balenciaga staged a reset with a focus on sobriety and structure. At Nina Ricci and Ann Demeulemeester, two new designers face very different missions. Adidas has an opportunity to finally move on from Yeezy when it reports results this week. Aquazzura is diversifying its offer by adding handbags before opening new stores. Plus, it's BoF Careers Week 2023 — explore careers advice and 2,600+ jobs in fashion and beauty.

TOP STORIES

HOMEPAGE: TOP ARTICLE PLACEMENT How the DTC Bust Could Play Out By Malique Morris Fashion and beauty start-up valuations appear to have stabilised after plunging last year, though it may be months or even years before many return to their old highs — if they ever do. But there are ways for emerging and established players to ride out the downturn. READ MORE

FASHION WEEK Reputational Rehab for Balenciaga By Tim Blanks

In the wake of scandal, it's back to the future for designer Demna as he employs legacy — both Cristóbal Balenciaga's and his own — to find a way forward, writes Tim Blanks. READ MORE

FASHION WEEK Rip It Up And Start Again: Why We Love Comme des Garçons, Junya and Noir By Tim Blanks

Rei Kawakubo and her acolytes Junya Watanabe and Kei Ninomiya continue to offer the most idiosyncratic takes on fashion as we don't know it, writes Tim Blanks. READ MORE

FASHION WEEK Nina Ricci and Ann Demeulemeester: Two Debuts, Two Challenges By Robert Williams

Designers Harris Reed and Ludovic De Saint Sernin both bring next-generation, gender-fluid sensibilities to storied European houses. But the missions they face couldn't be more different. READ MORE

RETAIL What's Adidas Going to Do With All Those Yeezys? By Brian Baskin New CEO Bjorn Gulden will face questions about the doomed collaboration when the company reports earnings this week. That, plus what else to watch for in the coming days. READ MORE

Aquazzura Launches Handbag Line at Paris Event READ MORE

How I Became... Senior Lead of Creative Strategy at Pinterest READ MORE

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NEWS BRIEFS Authentic Brands Is to Near Deal for Quiksilver Parent: Report

BoF CAREERS

Discover BoF Careers Week 2023 It's BoF Careers Week, when we feature exciting job opportunities, advice-led articles and events to help you further your professional journey. Explore nearly 3,000 current vacancies, from internships to c-suite roles, across creative and business functions at mega-brands like Prada and Burberry, conglomerates such as Kering or PVH, retailers like Bloomingdale's and H&M, and market disruptors including Jacquemus and Coperni. DISCOVER MORE

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