Nike Replaces Its Embattled CEO

Tim Blanks Reports from Milan Fashion Week; Marco Bizzarri Invests in Maccapani; Casablanca's First Store

ADVERTISEMENT

WHAT YOU NEED TO KNOW TODAY: FRIDAY, SEPTEMBER 20, 2024 Nike CEO John Donahoe will step down and be replaced by company veteran Elliott Hill. Read how Nike ran off course, and why Donahoe's position had become increasingly precarious in recent weeks. Tim Blanks reports from Milan Fashion Week: Prada and Roberto Cavalli. Charaf Tajer's Casablanca is opening its first retail store, as sales approach $50 million. Margherita Missoni's womenswear brand, Maccapani, received an investment from the family of former Gucci CEO Marco Bizzarri. Caroline Rush will exit the British Fashion Council after a 16-year tenure.

TOP STORIES

RETAIL Nike CEO John Donahoe to Step Down By Daniel-Yaw Miller

The embattled chief executive will make way for Elliott Hill, a Nike veteran who had retired from the brand in 2020. READ MORE

FASHION WEEK Confronting the Future and the Past in Milan By Tim Blanks

Miuccia and Raf deal with algorithms at Prada while Fausto salutes the dead at Cavalli, writes Tim Blanks. READ MORE

LUXURY Casablanca Paris to Open First Retail Store as Sales Approach $50 Million By Robert Williams

Paris' Rue du Faubourg Saint-Honoré will house the first boutique for Charaf Tajer's 6 year-old fashion brand. READ MORE

LUXURY Margherita Missoni's Maccapani Brand Attracts Investment From Bizzarri Family, Collaborates With eBay By Simone Stern Carbone The family of former Gucci CEO Marco Bizzarri has taken a minority stake in the Italian knitwear scion's new womenswear venture. READ MORE

Hong Kong's K11 Musea Mall Expands Luxury Offering READ MORE

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

NEWS BRIEFS Former Harrods Boss Al Fayed Raped, Abused Women, BBC Says Next Warns of Store Closures After Losing Equal Pay Claim British Fashion Council CEO Caroline Rush to Step Down

BoF EVENTS

Register for the BoF VOICES 2024 Livestream BoF VOICES 2024, our annual gathering for big thinkers, returns to Soho Farmhouse in Oxfordshire this November 12 to 15 to unite the movers, shakers and trailblazers of the global fashion, luxury and beauty industries with the thought leaders, entrepreneurs and inspiring people who are shaping the wider world. Across five sessions, over three days, we'll convene more than 40 expert speakers including Valentino's creative director Alessandro Michele and chief executive Jacopo Venturini, designer Simon Porte Jacquemus, climate activist and founder of youth non-profit Force of Nature Clover Hogan, David Allemann of Swiss sports company On, Jens Grede of viral lingerie and loungewear brand Skims, fashion advocate and documentarian Bethann Hardison, and luxury e-commerce leaders Lauren Santo Domingo of Moda Operandi and Michael Kliger of MyTheresa. Each of the five content sessions will be livestreamed for BoF Professional, Executive and Student+ members. Register below to join us for the whole event or the sessions of your choice. REGISTER NOW

The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. CONNECT WITH US ON CONTACT US ETHICS POLICY SPONSORSHIP & ADVERTISING JOB OPPORTUNITIES This email was sent to edwardlorilla1986.paxforex@blogger.com Update your preferences or unsubscribe from this list. All services provided are subject to our Privacy Policy. The Business of Fashion Ltd The Business of Fashion, Surrey Building, 1 Surrey St, Temple, London, WC2R 2ND, United Kingdom businessoffashion.com