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Rethinking the Glass Cliff

How to Sell to China's Tech Millionaires; Beauty's New Growth Map

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WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, MAY 24, 2023 When troubled companies introduce more diversity into the C-suite, it can be a "glass cliff" scenario – or a chance for rising executives to make a mark. Shenzhen is an increasingly attractive and underserved market for luxury brands looking to expand in 'China's Silicon Valley'. The State of Fashion: Beauty explores the beauty growth map: from bright prospects of markets like India and the Middle East to new opportunities in the US and China. Together Group has acquired North Six, the production company behind numerous luxury campaigns. Saris and other South Asian garments are becoming an increasingly common sight on the runway and at events.

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WORKPLACE & TALENT How Some Women Leaders Are Owning the Glass Cliff By Sheena Butler-Young

When troubled fashion companies suddenly introduce more diversity into the C-suite, it can be a no-hope scenario — or an opportunity for rising executives to make their mark. READ MORE

CHINA Selling to Shenzhen's Tech Millionaires By Tiffany Ap

To unleash the full potential of 'China's Silicon Valley' luxury brands must invest more in the vibrant city at its core and better understand the local mindset. READ MORE

BEAUTY Where Will Global Beauty's Growth Come From? By BoF Team and McKinsey & Company

The State of Fashion: Beauty explores why the international growth strategies of beauty brands and retailers need a reset to capture opportunities in new markets, like India and Middle East, emerge along with industry juggernauts, the US and China. READ MORE

LUXURY Together Group Acquires Production Company North Six By Tamison O'Connor The production company, which was caught up in Balenciaga's recent controversy, has won acclaim for its work on luxury campaigns over the last two decades. Now, it joins a growing portfolio of PR and creative agencies including Purple and King & Partners. READ MORE

From Cannes to the Met Gala: How India's Sari Is Taking Over the World READ MORE

Luxury Stocks Lose $30 Billion in One Day on Demand Fears READ MORE

China's Big-Spending, Picky Youth Are Global Luxury's Lifeline READ MORE

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

NEWS BRIEFS Chanel and Brunello Cucinelli to Take Stake in Italian Yarn Manufacturer Billionaire Claure Expands Shein's Fast-Fashion Empire in Brazil Inditex CEO Optimistic About 2023 EU Countries Back Ban on Destruction of Unsold Textiles

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Kiton Spring-Summer 2023 Collection Chic, Cool, and Light-Hearted. We Never Stop! DISCOVER THE COLLECTION

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