The AI Company Making 'Google Maps For Supply Chains'; Can the 'Euphoria' Makeup Artist Build a Brand?
WHAT YOU NEED TO KNOW TODAY: THURSDAY, JULY 27, 2023 | | | Gap Inc.'s new CEO is credited with orchestrating Barbie's sensational comeback but faces a much larger challenge reinvigorating the ailing retailer. The AI company tapped by US Customs to help block imports made with forced labour is trying to build "Google Maps for supply chains." The makeup artist behind "Euphoria" is taking on cosmetics giants with new funding and an Ulta Beauty partnership for her brand, Half Magic. Moncler sales grew 29 percent year-over-year in the first six months of 2023, driven by demand in China. Plus, join us live today at 14:00 BST / 9:00 EDT for our next BoF Insights Masterclass exploring the critical shifts in China's luxury shopping landscape. Register here.
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| Inside Hermès' Best-In-Class Leather Goods Strategy | This year, Hermès' stock price has soared, lifting the company's market capitalisation above $200 billion — more than that of Nike, the world's biggest fashion brand by revenue — for the first time. BoF's case study, Inside Hermès' Best-in-Class Leather Goods Strategy, breaks down Hermès' leather goods success, exploring how it protects and grows the hero category while creating stability, profitability and self-determination in a fast-moving, competitive luxury fashion market — offering lessons for brands at every scale. | | |
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