What Labour’s Election Win Means for Fashion

Saving the American Department Store; Can Fashion Sell 'Brat Summer'?

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WHAT YOU NEED TO KNOW TODAY: FRIDAY, JULY 5, 2024 A Saks-Neiman Marcus-Amazon tie-up represents the best hope to save American department stores, but success is not guaranteed. In an increasingly politically tumultuous world, the UK Labour party's election sweep promises some stability. Brands and retailers are racing to hop on the "brat" bandwagon that is shaping up to be the trend of the summer. Bobbi Brown is using Zoom calls with loyal Jones Road customers to shape the future of her beauty brand. Plus, don't miss the opportunity to join us in person at BoF VOICES 2024, our annual gathering for big thinkers, on November 12-15 at Soho Farmhouse in Oxfordshire. Submit your application now.

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RETAIL Can Saks, Neiman Marcus and Amazon Save the American Department Store? By Cathaleen Chen

A $2.65 billion merger of two of America's largest department stores, with involvement from Amazon and Salesforce, is a bet that scale and technology can breathe new life into an ailing business model. READ MORE

RETAIL What the UK Election Means for Fashion By Sarah Kent

The opposition Labour party's landslide victory is most remarkable for the lack of drama it is expected to bring in an increasingly politically tumultuous world. READ MORE

MARKETING Can Fashion Sell 'Brat Summer'? By Joan Kennedy

Charli XCX's latest album "Brat" helped solidify the theme of the summer. For brands and retailers, the race to merchandise and market around it is on. READ MORE

BEAUTY Bobbi Brown Is Now the Host of This Zoom Meeting By Daniela Morosini Jones Road, the makeup artist-backed beauty label, is built on feedback, insights and suggestions from its community. But sometimes, its founder has to push back. READ MORE

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

NEWS BRIEFS Arkhouse, Brigade Capital raise buyout offer for Macy's to $6.9 billion, WSJ reports

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Building Positive Impact Through Resilience and Achievements In celebration of the 20th anniversary of former world No. 1 tennis star Maria Sharapova's Wimbledon win, The Business of Fashion, together with Aman Essentials, held an intimate dinner in London's Mayfair. Co-hosted by BoF's founder and CEO Imran Amed and Aman Essentials CEO Kristina Romanova, the dinner was attended by a roster of activists, athletes, creatives and change-makers from a wealth of industries. Guests included sporting icon Billie Jean King, activists Malala Yousafzai and HRH Princess Beatrice of York, and creative leaders and artists like Rita Ora, Taika Waititi and Sabrina Elba. Reflecting on Sharapova's Wimbledon win, guests were asked to consider the impact of their own achievements, and how they leverage those achievements to create positive impact and change. READ MORE

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