Fashion Reacts to Trump’s Victory

AI's Sneaker Smell Test; The Beauty Slowdown Comes for Indie Retailers

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, NOVEMBER 7, 2024 Donald Trump's win shocked the fashion industry, which faces questions around trade, climate and its own cultural relevance. The AI start-up Osmo believes it has found a way to tell real sneakers from fakes through the chemical signatures in their scent. Credo Beauty, Goop and Thirteen Lune are among the indie beauty retailers facing headwinds. Farfetch owner Coupang said the luxury e-commerce site was close to breaking even. Plus, BoF VOICES 2024 begins on Tuesday. Across five insight-packed content sessions, running over three days, we will unite the movers, shakers and trailblazers of the global fashion, luxury and beauty industries. Register now to join the livestream.

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NEWS & ANALYSIS Trump's Victory Has the Fashion Industry Asking: What Just Happened? By Joan Kennedy and Cathaleen Chen

The industry is reckoning with the sweeping implications — policy and beyond — of a second Trump administration. READ MORE

TECHNOLOGY AI Can Now Authenticate Sneakers by Their Smell By Marc Bain

An AI start-up working with a major sneaker resale platform believes it has found a way to authenticate footwear and potentially other products through the chemical signatures in their scent. READ MORE

BEAUTY The Beauty Slowdown Has Come for Indie Retailers By Liz Flora

Credo Beauty, Goop, and Thirteen Lune are among the smaller, independent beauty retailers responding to US market headwinds. READ MORE

NEWS & ANALYSIS Explainer: How Trump's Second Administration Affects Business By Reuters Donald Trump's return to the White House could dramatically reshape American businesses, with key issues to watch including his tariff proposals, energy policies, and regulatory changes in sectors ranging from tech to media to labour. READ MORE

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

NEWS BRIEFS Farfetch Owner Coupang's Retail Sales Miss Estimates California Passes Tough-on-Crime Measure Backed by Big Retailers

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The Skincare Edition: Unfiltered The Skincare Edition: Unfiltered, a Chalhoub Group initiative, was held in Riyadh coinciding with the HIA Hub event. The first of its kind summit in the region brought together skincare professionals and enthusiasts from around the globe to explore skincare practices and elevate regional skincare knowledge. Internationally renowned skincare brands participated from L'Oréal, Faces, Estée Lauder Companies, Shiseido, Waldencast, L'Occitane Group and others. At the summit, Chalhoub Group revealed a report on Gen Z's Skincare Evolution in GCC, available to read via the link below. READ HERE

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