Should Fashion Do More to Safeguard Animals?

Separating Tech Hype From Reality, Bobbi Brown's Second Act, Independents Acquires Prodject

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, MARCH 16, 2023 More than 40 percent of fashion brands don't have animal welfare policies. With a push into retail, Bobbi Brown wants to prove her DTC line Jones Road can be as successful as her namesake brand. The Independents, the group which owns Karla Otto and Bureau Betak, has acquired Prodject, the creative agency behind the Met Gala. Benedict Evans spoke with BoF's Marc Bain about separating tech hype from reality. Brunello Cucinelli raised its 2023 sales forecast following a strong start to the year. H&M reported a smaller-than-expected sales increase in the first quarter of 2023.

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SUSTAINABILITY Should Fashion Do More to Safeguard Animals? By Sarah Kent

While most brands have banned fur, animal welfare is rarely discussed when it comes to more mainstream and lucrative fabrics like leather. READ MORE

BEAUTY Bobbi Brown Does It Again By Priya Rao

The makeup artist-turned-founder wants to fly solo with her second act: clean makeup range, Jones Road. Can she? READ MORE

MARKETING Independents Acquires Prodject, the Agency Behind the Met Gala By Tamison O'Connor

The move will help the communications powerhouse build its position in the US market. Further acquisitions are planned, CEO Isabelle Chouvet told BoF. READ MORE

TECHNOLOGY How Benedict Evans Separates Tech Hype From Reality By Marc Bain The analyst and former partner at venture-capital firms including Andreessen Horowitz talks to BoF about generative AI, web3, Shein and the metaverse. READ MORE

London Fears Losing Luxury Shoppers to Paris and Milan READ MORE

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NEWS BRIEFS Amiri Names New CEO Cucinelli Raises Sales Growth Forecast for 2023 Inditex's Massimo Dutti Chain Stumbles as Officewear Goes Casual H&M Slips Out of Fashion as First Quarter Sales Lag Burberry Finds New CFO at Luxury Carmaker McLaren Group

BoF PROFESSIONAL

Final Agenda and Speaker Lineup Confirmed We are one week away from the BoF Professional Summit: An Inflection Point in Fashion Tech and limited tickets remain to join us at the Times Center, New York on March 22.  We're pleased to announce new speakers who will be participating include: Michael J. Wolf, founder and chief executive of technology and strategy consulting firm Activate, will provide a macro outlook on the technology trends to understand in the year ahead. Adam Petrick, chief brand officer at Puma, will discuss the brand's early presence on Discord, the benefits to both brand and community, and how it measures success. Anabel Maldonado, founder and CEO of Psykhe AI, will share insight on leveraging artificial intelligence to bridge the experience gap between online and offline channels.  Please see the full agenda and speaker lineup here. Purchase your ticket now to join us for the on-stage discussions, exclusive Q&A with BoF's Founder & CEO, Imran Amed and networking lunch with 200+ leaders from participating brands. PURCHASE TICKET

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