September 2021 – LAZIN MAGAZINE

The Business of Fashion
The Art Newspaper - International art news and events

Listen to the Defining Fashion Stories of the Week

You can now listen to a selection of the most important BoF articles of the week, while on the go. Discover the same our agenda-setting analysis and expert reporting, now [...]

Rolex Raises Gold Watch Prices Again

Super-rich clients remain undeterred from purchasing investment timepieces even while more middle class customers have stopped spending on luxury. [...]

What Fashion Can Learn From Knicks Fever

The NBA finals have fired up New York City with the kind of collective experiences, can’t-miss moments and organic celebrity endorsements that are mostly missing from today’s fashion landscape. [...]

The BoF Podcast | Anoushka Shankar: Creativity Is an Act of Hope

Fourteen-time Grammy-nominated sitarist and composer Anoushka Shankar shared the creative process behind her music at BoF VOICES 2025. [...]

The World Cup Is a Milestone Moment for Recycled Polyester

With a majority of team kits supplied by Nike, Adidas and Puma all incorporating textile-to-textile recycled polyester, the world’s most-watched sporting event is providing a showcase for the next-gen material's [...]

How Nike’s World Cup Strategy Is Playing Out in Stores

The Kids’ Beauty Craze Hits Bathtime

Amid buzz about kids getting into skincare, fragrance and makeup, founders are betting on the basics catering to parents’ needs rather than their children’s TikTok-influenced wants. [...]

Revolutionary British Artist David Hockney Dies Aged 88

The iconic British painter who cast a revolutionary gaze across 20th-century art and became an inspiration to numerous designers, as well as a style icon in his own right, has [...]

Menswear Designer Nigel Cabourn Dies at 77

Cabourn is best remembered for his takes on workwear and military-inspired design. [...]

Trump Administration Is Appealing Ruling on $100,000 H-1B Fee

The H-1B visa program is a cornerstone of employment-based immigration, allowing companies in the US to hire college-educated foreign workers for specialised occupations. [...]

The Formula That Powered Pucci’s Revival

One of LVMH’s smallest brands is also among its fastest growing, powered by designer Camille Miceli’s Gen Z-friendly, unabashedly commercial celebration of the label’s Mediterranean DNA. [...]

Dr. Muneeb Shah’s Remedy Is Ready for Primetime

Priya Rao has the exclusive details on a sought-after doctor brand’s hefty new investment and the converging worlds of expertise and influence. [...]

Victoria’s Secret Shareholder Wages High-Stakes Campaign to Oust Chair

Billionaire Brett Blundy, whose investment firm is the lingerie brand’s second biggest shareholder, is waging a campaign to oust the long-term chair, setting up a showdown at the company’s annual [...]

For Some Brands, Pride Month Is Sexy Again

Labels like Away and Levi’s have moved on from bland rainbows to more daring takes on Pride month. [...]

BoF Professional Launches Knowledge Partnership, Transforming Intelligence Into Action

The Business of Fashion has introduced the BoF Professional Knowledge Partnership, a premium offering for teams that transforms BoF’s market-leading journalism into tailored intelligence and actionable strategic insight. [...]

Inside Farfetch’s Strategy for a New Era of Luxury Experience

Farfetch’s chief commercial officer unpacks the strategy behind Farfetch First, the luxury e-commerce company’s newly launched service designed to elevate its customer experience — and empower a global community of [...]

The Debrief | Fashion’s Ozempic Reckoning

As GLP-1 drugs reshape consumers’ bodies at unprecedented scale, BoF’s Diana Pearl and Brennan Kilbane examine how fashion and beauty brands are adapting to a profound shift in size, fit [...]

Ashley’s Frasers Offers to Buy Hugo Boss in $3.1 Billion Deal

Frasers already owns a roughly 26 percent stake in Hugo Boss. [...]

Can Beauty Crack the World Cup?

As football becomes the next big sporting event for beauty marketing, brands are rushing to activate around the global event — with varying levels of investment. [...]

Asics to Spin Off Onitsuka Tiger Sneaker Brand

The spin off comes as the 77-year-old Japanese shoe label enjoys a resurgence in popularity amid a tourism boom and growing global demand for retro sneakers. [...]

The Strategy Behind Nike’s Colossal World Cup Bet

A blockbuster spot featuring superstars from Kylian Mbappé to Kim Kardashian is just part of the US sportswear giant’s huge bet on a blend of football and culture to connect [...]

Why Brands Are Yielding Control to Creators Like Lyas on TikTok

From luxury brands and The Devil Wears Prada 2 to Willy Chavarria and Nothing, a growing list of names are courting the founder of La Watch Party. In a new [...]

T3 Names New CEO

Anne-Cécile Brilland, who joins the brand from IGK Hair, will lead the premium hair tools label alongside its co-founders. [...]

Report: Boots Owner in Talks on Possible $10 Billion Sale

Private equity firm Sycamore Partners, which took ownership of the British pharmacy and beauty chain last year, has reportedly begun divestiture discussions. [...]

US Food and Drug Administration Approves New Sunscreen Filter

The US sunscreen market reaches a regulatory milestone as the FDA approves the first new UV filter for wide industry use since 1999. [...]

Chanel Taps Cartier Veteran to Lead Next Era of Jewellery Design

Marie-Laure Cérède, who led the studios of both Cartier and Harry Winston in roles spanning jewellery and watchmaking, will ‘bring a new perspective to the Chanel codes’ as interest in [...]

Whey Protein Shortage Looms As Weight-Loss Drugs Soar

The growing popularity of weight-loss drugs has fuelled global demand for whey protein, sparking concerns among industry experts over a potential shortage. [...]

Why StockX Is Launching Live Shopping

The secondary market platform is adding a new live shopping service this summer where users will be able to sell everything from sneakers to electronics. Chief executive Greg Schwartz explains [...]

Worldview | Rethinking China’s Far-Flung Cities

This week’s round-up of global markets fashion business news also features Kuwait’s buzzy beauty e-tailer, South Korea’s Gentle Monster and forced labour in Turkmenistan’s cotton industry. [...]

Christopher Bailey Leads Acquisition of English Potter Burleigh

The former chief creative officer and CEO of Burberry takes control of the 175-year-old company. [...]

New Balance’s India Partner to Introduce More Global Brands in Expansion

Brandman Retail plans to bring brands such as Salomon and Anta to the Indian market and more than quintuple its store count by 2028, betting on rising demand for global [...]

Opinion: Beauty Inflation Is Hair Care’s Opportunity

The beauty industry is experiencing a new wave of demand for affordable treats, and salon-grade hair treatments used at home are emerging as a key part of the trend, writes [...]

Do Retailer Exclusives Still Matter?

Vacation’s entry into Sephora after already securing wide distribution at Ulta Beauty, Target and Costco shows both the new landscape for omnichannel beauty and the limits of the world’s most [...]

Who Is Still Doing Deals in Fashion?

In a muted deal market, investors are prioritising predictable demand, proven brand strength or heritage brands with turnaround potential. [...]

At Communité, Discovery, Differentiation and the Future of Luxury Retail

Following the opening of two new retail concepts in Istanbul, Boyner Group chairman and CEO Cem Boyner sat down with BoF president Nick Blunden to unpack the forces shaping the [...]

Trump’s $100,000 H-1B Visa Fee Is Unlawful, US Judge Rules

Previous BoF analysis found hundreds of workers employed by dozens of fashion and beauty companies use the H-1B visa for skilled workers. [...]

UK Watchdog Begins Formal Review of EBay’s Purchase of Depop

The Competition and Markets Authority said it will decide whether to clear the deal or refer it for in-depth investigation by Aug. 6. [...]

Printemps Names Rémy Baume CEO

Printemps has appointed Rémy Baume its new chief executive, filling a position that had been vacant since September last year. Baume’s appointment is effective immediately, the French department store chain [...]

Prada Unveils New Garment for NASA

The inner-layer garment will be worn by NASA astronauts on their trip to the lunar surface, underscoring the brand’s push to be the first major luxury player to make inroads [...]

Novo Nordisk Looks Beyond Weight Loss to Longevity and Aesthetics

Novo's blockbuster drugs could pull it into buzzier areas of healthcare, chief executive Mike Doustdar said, as the Ozempic maker seeks to lessen its reliance on obesity and diabetes. [...]

Kai Nesselrath Named Design Director of Carven

Nesselrath, a designer from Anthony Vaccarello’s Saint Laurent studio, will present his debut runway collection for the ICCF-owned label at Paris Fashion Week in the autumn. [...]

Men’s Fashion Media Plots Its Next Era

Editors are betting on deeper storytelling, industry access and new personalities as they compete for eyeballs with online creators. [...]

Why Filipino Beauty Is Taking Over the World

The rise of ‘P-beauty,’ coinciding with more cultural exports from the Philippines, is pushing homegrown brands and trends into the crowding global beauty market. [...]

The Multibillion Dollar Battle for a Fragmented World Cup

More teams, more countries and a massive push into the American mainstream. Here is how sportswear giants and fashion houses are lining up. [...]

Zegna Lands in Los Angeles With ‘Villeggiatura’-Wear

Designer Alessandro Sartori tapped the Italian concept of retreating to a seaside or countryside villa for a cultured take on vacation dressing as the brand aims to extend its winning [...]

Saks Wins Approval to Exit Bankruptcy After Reorganising

Under Saks Global’s plan, which US bankruptcy judge Alfredo Perez called ‘an extraordinary result,’ the company will reduce its funded debt from $3.4 billion to about $1.2 billion. [...]

America’s K-Shaped Market May Not Be What It Seems

The recent success of retailers from Coach to Zara may be powered by the surprising resilience of America’s middle class, many of whom have moved up, not down, the economic [...]

The BoF Podcast | Conner Ives Is Building a Business With Instinct

From Central Saint Martins to the viral success of “Protect The Dolls,” Conner Ives joins Imran Amed to discuss what it takes to build an independent fashion label in today’s [...]

Nike’s World Cup Takeover Is Off to a Hot Start

Nike’s new World Cup ad brings a jolt of star power like LeBron James and Kim Kardashian to go along with the football royalty featured. But can it boost the [...]

L’Oréal Scents World’s First AI Art Museum

The beauty conglomerate has become the founding ‘olfactory’ partner of Dataland, embracing the technology that L’Oréal’s Cyril Chapuy calls the ‘luxury of tomorrow.’ [...]

Construction of Trump’s Washington, DC arch could put archaeological sites at risk

There are more than a dozen documented archaeological and historic sites within one mile of the proposed arch location, according to a new report, and additional undocumented materials may be [...]

Artist Scott Burton honoured in new sculpture at New York’s Aids memorial

Oscar Tuazon’s new commission for the New York City Aids Memorial revisits Burton’s final public work [...]

Edvard Munch’s chocolate factory series shines a light on the public artist he wanted to be

An exhibition in Oslo shows how the Norwegian artist hoped to build on the Freia chocolate factory frieze with even more ambitious work [...]

Pan-Africanism in London, the health benefits of art, Barbara Hepworth—podcast

In this week's episode, Ben Luke learns about Pan-Africanism through a travelling exhibition now open at the Barbican in London, and speaks to researcher Daisy Fancourt on art and health. [...]

Drawings by Willem de Kooning, the ‘last Old Master’, take centre stage in Chicago show

Exhibition traces how the artist’s draughtsmanship was integral to his work [...]

Working in the fourth dimension: William Kentridge’s latest opera arrives at Glynbourne

This summer the artist directs Monteverdi’s L’Orfeo at the Glyndebourne Festival in East Sussex [...]

Van Gogh’s wheatfields ‘under turbulent skies’

Did these panoramic landscapes foreshadow the artist’s untimely death? [...]

David Hockney, an artist of brio and versatility, with global recognition beyond the art world, has died, aged 88

The Yorkshire-born maestro had been a cultural star to reckon with, and a pioneer of new figurative formats, since making headlines at the “Young Contemporaries” exhibition in London in 1961 [...]

Rescued mural depicting Alice’s adventures in New York wonderland back on view for first time in decades

Saved from a children’s hospital marked for demolition, the 15 surviving panels of Abram Champanier’s WPA mural are the subject of a new exhibition at the Museum of the City [...]

Child damages Magritte painting with pinecone

The 1959 painting 'The Castle of the Pyrenees' is being restored at the Israel Museum [...]

‘It's a work of art’: rare, cloth-bound first edition of Wuthering Heights to be auctioned at Christie’s

The book, estimated at up to £600,000, is the first original edition to appear at auction in more than a century [...]

Influential art world figure Joe Hage moves from the shadows to take top billing

The founder of Heni art services is behind a major Barbara Hepworth show at London's Courtauld Gallery [...]

‘Marks that speak across time’: rock carvings and drawings discovered in Oman

A newly discovered archaeological site has revealed a massive rock face covered in art that is believed to be ancient [...]

Paris exhibition explores the vanishing worlds of photographer Madeleine de Sinéty

Survey at the Jeu de Paume shows the prolific photographer's images of rural life and urban gentrification in France and the US [...]

Comment | Georg Baselitz's final exhibition is a warning that history is repeating itself

Since the opening of the late German artist's Venice show, events at the Biennale and the result of the UK's council elections have continued to expose art's vulnerability to politics [...]

Former director of Rio’s Museu de Arte Moderna ordered to pay breach-of-contract fine

Shortly before his departure from the museum, Fábio Szwarcwald had publicly stated that it lacked fire insurance between 2006 and 2022, which the museum claims undermined its credibility [...]

Shipwrecks linked to the ‘golden age of piracy’ discovered in the Bahamas

Three sunken pirate ships, one of which may have belonged to Henry Every, were recently found in Nassau Harbour [...]

New film about Leonora Carrington blends fact with fiction

‘Leonora in the Morning Light’ is a time-jumping look at the feminist Surrealist’s life [...]

Independent 20th Century adds 75% more exhibitors as it moves to the Breuer Building

The fair's first edition at Sotheby’s landmark Madison Avenue home will feature an expanded roster of international galleries [...]

International organisations and Lebanese culture ministry issue warnings amid Israeli capture of Beaufort Castle and strikes on Tyre

Unesco has increased support following confirmed damage to protected archaeological sites across southern Lebanon [...]

National Galleries of Scotland announces £56m funding boost for V&A East Storehouse-like gallery in Edinburgh

The Art Works is a central feature of the NGS’s 2026-30 strategic plan, which focuses on improving access to Scotland’s national art collection [...]

Victoria and Albert Museum to bring Istanbul to London in upcoming exhibition

Charting the Turkish city's history through the Byzantine and Ottoman empires, the V&A claims that the show will be “the first exhibition in the UK to tell this story in [...]

The Phillips Collection in Washington, DC receives largest gift in museum’s history

The Washington, DC institution has received a $15m gift from the Sherman Fairchild Foundation, the bulk of which will go to shoring up its finances, infrastructure, staffing, conservation and digital [...]

Gaudí goes viral: Sagrada Familia tower inauguration livestreamed on TikTok

The Spanish cathedral will create a TikTok Live of the Pope’s blessing of the Tower of Jesus Christ on 10 June [...]

A brush with... Lisa Yuskavage—podcast

Lisa Yuskavage talks to Ben Luke about her influences—from writers to musicians, film-makers and, of course, other artists—and the cultural experiences that have shaped her life and work [...]

Wallace Chan exhibitions pair intricate sculptures with Venetian heritage

The Hong Kong jeweller and sculptor unveils parallel installations at Palazzo Contarini del Bovolo and Santa Maria della Pietà, linking mythology, sacred architecture and cosmology [...]

Artists create Fifa World Cup posters denouncing presence of US immigration agents

The “No Ice in the Cup” campaign is using art to protest US Immigration and Customs Enforcement agents' planned deployment to the football tournament [...]

New photography museum in Cincinnati foregrounds the medium’s democratic power

The new FotoFocus Center gives the city’s popular photography biennial a permanent presence and an inclusive mandate [...]

Mexico City museum with world's richest collection of Kahlo and Rivera works reopens after years of controversy

The Museo Dolores Olmedo is welcoming visitors again after a six-year-long closure during which plans were floated to relocate its prized collection [...]

Jarvis Cocker’s ‘hodge podge’: Pulp frontman to curate art exhibition

The English musician will co-organise a show at the UK's Hepworth Wakefield next year [...]

Legacy dealer Marianne Rosenberg unearths family archive for New York show

Giacomo Manzù: The Artist and his Dealer explores the decades-long relationship between the Italian artist and Rosenberg's father [...]

MoMA exhibition will examine Mondrian’s time in New York and love of boogie woogie music

The exhibition, opening in March 2027, will pair one of MoMA’s prized possessions, “Broadway Boogie Woogie”, with “Victory Boogie Woogie” on loan from the Netherlands [...]

New digital archive reconstructs Leonardo da Vinci manuscripts for the first time in four centuries

The director of the Museo Galileo, which has led the Leonardotheka project, says it sets a “compelling precedent for how cultural institutions can and must retain intellectual ownership of their [...]

Stoke-on-Trent—the UK's home of ceramics—seeks emergency funds for crumbling heritage

Without urgent action, “the unique value of the landscape could be lost forever”, city council’s chief executive warns [...]

AI cultural platform Artlas expands pilots as founder argues institutions need trusted AI tools

The app generates personalised experiences for visitors to museums and institutions [...]

Remembering Julio Le Parc, a pioneer of kinetic art

The Argentine-born, Paris-based artist, who died at age 97, had been hoping to attend the opening of his retrospective at Tate Modern next week [...]

Inaugural Medina Triennial transforms small village in upstate New York

More than 100 works by an international lineup of artists respond to the historic village along the Erie Canal [...]

‘Fodder for the vain’: Veterans, preservationists and public speak out against Trump’s arch

Despite the vocal testimony against the project, the National Capital Planning Commission voted overwhelmingly in favour of the arch [...]

Chairman of Trump’s US Commission of Fine Arts participates in ‘Russian Davos’

Rodney Mims Cook Jr, the chairman of the commission overseeing Trump's makeover of Washington, DC is the first US official to attend in nearly a decade—and spoke on a panel [...]

Come together: how London galleries are making it work in the capital

As rising costs and a softer market force dealers to rethink their strategies, galleries across the capital are experimenting with new business models [...]

Nazi-looted Georg Kolbe fountain breaks German artist's auction record

Dancer’s Fountain sold for €4m, after it was returned by the artist's museum to the heirs of Jewish collector Heinrich Stahl [...]

Yemen heritage, US flags at the National Gallery in Washington, Felix Gonzalez-Torres—podcast

In this week's episode, Ben Luke learns about cultural heritage at risk in Yemen, speaks to E. Carmen Ramos on the new American flag exhibition at the National Gallery of [...]

Photographs of Barbara Hepworth and Ben Nicholson’s shared studio go on show in London

Black-and-white images taken by Paul Laib are being exhibited at the Courtauld Gallery [...]

Philadelphia opens its Van Gogh Sunflowers display with a very rare loan from London’s National Gallery

“A Symphony in Blue and Yellow” raises intriguing questions about how the artist wanted to present his masterpieces [...]

Marjane Satrapi, French-Iranian graphic novelist, dies at 56

Best known for her graphic novel Persepolis and its award-winning film adaption, Satrapi died in Paris on 4 June from “sadness” following her husband's recent death [...]

A Kennedy-connected Stiehl box and a pair of Van Huysum still-lifes: our pick of the June auctions