Join us for our next #BoFLIVE on Thursday, February 16 at 15:00 GMT / 10:00 EST, based on our latest case Study How to Build a Profitable DTC Brand. Model Vittoria Ceretti wears an. Modern-day slavery in the fashion industry is a sad reality. Blanks was joined by VOICES speaker Ziad Ahmed, chief executive of JUV Consulting and Stephanie Simon, the former head of community at Clubhouse, to reflect on the highlights from the first two days of talks and panel discussions. I think I'm a perfect example of the fact that a person can change if given the right opportunities the right chance. BoFs new report, The BoF Sustainability Index, benchmarks 15 of the industrys biggest companies against ambitious environmental and social goals and finds fashion is falling short. See acast.com/privacy for more information. The womens rights activist and Nobel Peace Prize winner spoke with BoFs Imran Amed about education, growing up as an activist and the evolution of her own activism at BoF VOICES 2022. It wasn't just brands, it was individual designers who were processing what they're doing and what they need to do, because obviously the future looms very dark and very uncertain, says Blanks. In the BoF-McKinsey State of Fashion 2023 Survey, 85 percent of fashion executives predict inflation will continue to challenge the market next year. Restarts and Resets in the Fashion Month Gone By. AI is shaking up search on the internet, too. See acast.com/privacy for more information. Education is a crucial resource to promote equality and secure opportunity for women. On stage at BoF VOICES 2022, she discussed that experience, and how people around the world can contribute to positive change. It will always have human error baked into the equation. How the media present information about crises around the world can play a large part in how communities perceive the need for aid or become desensitised to a regions plight. It is disturbing to see the fallout and not just the fallout psychologically for the designers, but also for the planet as fashion speeds up, said Ettedgui. Hosted on Acast. To see my way of life and how I grew up become a global phenomenon is kind of crazy, said Irene Kim, the influencer and founder of apparel brand IRENEISGOOD. Hosted on Acast. To subscribe to the BoF Podcast, please follow this link. What I love about being creative or having the opportunity to be creative is a challenge, said Walsh. Hosted on Acast. That's how the Rana Plaza incident was allowed to happen in Bangladesh in 2013 when thousands of people died as this factory collapsed. There are covered girls next to girls who are uncovered hugging each other. WASHINGTON -- Soon after a train derailed and spilled toxic chemicals in Ohio last month, anonymous pro-Russian accounts started spreading misleading claims and anti . March 18, 2023, 5:04 AM. The designer and former Spice Girlspeaks at BoF VOICES 2022 aboutgaining strength from criticism and staying focused and resilient amid constant media scrutiny. I accept that," she said in a conversation with Laura Weir at BoF VOICES 2022. Education is at the centre of all of this. While there is no question that Ukraine is in a sense winning this war, it is coming at a very bitter cost, she said. Background The first three sessions at BoF VOICES 2022 tackled issues inside the fashion industry and far beyond. Thank you for being a part of our channel "Fashion Style Pro-Moscow Voices Tried to Steer East Palestine Train Disaster Debate. To subscribe to the BoF Podcast, please follow this link. "I have a spotlight on my business like a lot of other brands do not, she said. Retail analysts expect casualization will remain strong in 2023, with continued demand for denim, sportswear and athleisure. Power is communication, says Kuryshschuk. To subscribe to the BoF Podcast, please follow this link. To learn more about the BoF Professional Summit: Artificial Intelligence, Web3 and an Inflection Point in Fashion Tech, please click here Hosted on Acast. And we are definitely not scandalous. This week on The BoF Podcast, BoFs editor-at-large Tim Blanks speaks with Bonhte and Ettedgui about understanding pressures of consumerism and what makes a fashion house business tick. Key Insights: Mohyeldin believes that journalism plays a powerful role in how society operates. But while Covid has helped shift more Japanese shoppers online, companies hoping to cash in on the change must keep evolving to maintain their interest. The film director joins BoF editor-at-large Tim Blanks to discuss how he uses his fashion and music roots to stage powerful experiences including from Abba Voyage and recent Dior Men and Fendi Couture shows. In 2012, he said, a network of computers Google trained on YouTube videos was able to identify what a cat is without any human input. LONDON, ON, Dec. 21, 2022 /PRNewswire/ - 2023 is going to be a milestone year for audio advertising, Voices has discovered through its 2023 Annual Trends Report. Greenwashing: Its Time to Call in the Refs. Let's talk about this. How brands manage and communicate about issues that are important to consumers will also be critical. She says she no longer defines herself by the moment, at age 12, when she was shot in the head by a Taliban gunman while riding the bus to school. On the latest episode of The BoF Podcast, Coty CEO Sue Y. Nabishares how embracing identity in the workplace can lead to better business outcomes.Background:As one of the industrys most visible transgender leaders, Sue Y. Nabi, chief executive of beauty conglomerate Coty, is well-versed in the transformative power of identity. Just as the fashion industry was beginning to find its feet after Covid-19s turmoil, the later months of 2022 seem determined to throw brands and retailers off course again. Creatives need to live on the edge of fear, according to Walsh. 2022 Speakers All U.S. U.K. Mexico India Anna Wintour Editor-in-Chief, Vogue Global Editorial Director, Vogue Chief Content Officer, Conde Nast U.S. Aurora James Creative Director and Founder, Brother Vellies Founder, The Fifteen Percent Pledge The only way to move culture is through storytelling, Mahdara said. BoF's yearly gathering for big thinkers returns to Oxfordshire this year to examine and shape the future of the post-pandemic fashion industry. The Fashion Business-to-Business (B2B) E-commerce market revenue was Million USD in 2016, grew to Million USD in 2023, and will reach Million USD in 2029, with a CAGR of during 2023-2029 . It speaks to customers in terms of values, goals, and dreams. Adobe Stock. "We saw this trend gain momentum (with cargo pants) in 2022, but it's coming in a big way for 2023," she said. Humanity in the Era of the Rise of the Machine. Artificial intelligence has been around for decades, but recent advances like Microsoft-backed ChatGPT, which generates sophisticated text and DALL-E, which does the same with images, have set the groundwork for significant shifts in how culture and businesses operate. That started to shift with the pandemic and e-tailer Zozo benefited from the momentum. Additional Resources: Japans Luxury Market Enters a New Era: As a recent economic surge lifts spending in Japans luxury market the second largest in the world how can brands capitalise on this momentum? Mike Marsland/WireImage via Getty Images Hosted on Acast. [Journalism] will always have problems. Want more from The Business of Fashion? Diesels Glenn Martins is solidifying himself as a designer to watch with his work in todays vernacular of denim and celebratory sexuality. Let us wear what we want. Additional Resources: BoF VOICES 2022: Live Your Best Life: In the final session of BoFs annual gathering, speakers from model Dennis Okwera and Coty chief Sue Y. Nabi to Nikes Larry Miller and activist Malala Yousafzai reflected on their personal histories and inner powers. [The media] did not leave their preconceptions at the door, says Beckham. Those protests have now evolved into the largest civil rights movement in Iran since the revolution in 1979 uniting Iranians at home with those in the wider diaspora and igniting outcry around the world and across social media. First as a singer in the 90s supergroup the Spice Girls and now as a fashion designer for her namesake brand, Beckham has constantly had to prove herself. Sep 26, 2013, 02:58 PM EDT | Updated Sep 27, 2013. Though brands across price segments and categories have embraced digital direct-to-consumer channels, mounting digital marketing costs and e-commerce readjustments have put the viability of the DTC model into question. How the media chooses to humanise and personalise the stories of those suffering plays a very important role in how we as a people, as governments, as societies, respond to these crises when they do emerge, says Mohyeldin. We will further address the critical topics discussed on this podcast at The BoF Professional Summit: Artificial Intelligence, Web3 and an Inflection Point in Fashion Tech on March 22, 2023. Since Nabi took the reins, however, sales have started to climb back up steadily: full-year revenue was up 14 percent year-over-year in 2022. After weeks and months of occupation Ukrainian cities liberated from Russian troops have experienced jubilation while victory looks very grim and very dark and very empty, Clarissa Ward, chief international correspondent CNN, said in the opening talk of BoF VOICES 2022. There are two faces to the coin. Yousafzai also believes in the power of small actions to make change. Table Manners with Jessie and Lennie Ware, Somethin' Else / Sony Music Entertainment. Julie Pelipas and Olya Kuryshchuk discuss the impact of the war in Ukraine and how creativity has endured and been a source of strength amid the destruction. Meanwhile, consumers are increasingly shopping across gender categories, and brands that can adapt their merchandising strategies accordingly will be able to strengthen their relationships with a wider range of consumers. Subscribe to our daily newsletter here. Nabi laid the groundwork for growth by doubling down on prestige and expansion in China focusing especially on excavating the strengths and purposes of each brand in the conglomerates portfolio.When you look at others, you forget where you are and you make all the mistakes The world is full of copycats. Continued disruptions in supply chains are a catalyst for a reconfiguration of global production. Then, the Kylie Cosmetics and Covergirl owner was plagued with debt and inefficiencies. The brands first post-Alessandro Michele show was all over the place, according to BoF editor-at-large Tim Blanks. As the industry continues to grapple with its damaging environmental and social impact, consumers, regulators and other stakeholders may increasingly scrutinise how brands communicate about their sustainability credentials. Business Today Desk Mar 18, 2023, Updated Mar 18, 2023, 7:57 PM IST It is Day 2 at the India Today Conclave 2023. Baillie Walsh and The Art of Immersive Experiences. Life creates from abundance. What we felt was the most interesting drama is there is this constant fight between commerce and creativity, said Bonhte. Deteriorating macroeconomic and geopolitical conditions have weighed heavily on the industry in the second half of the year and continue to leave fashion executives on edge as they look towards 2023. Blindspots and Biases: The Role of the Media in a Fractured World. Subscribe to our daily newsletter here. Tim Blanks sits down with Ziad Ahmed, chief executive of JUV Consulting and Stephanie Simon, the former head of community at Clubhouse to reflect on VOICES. Background: Artificial intelligence is not an if, its a when, according to Mo Gawdat, author and the former chief business officer at Google X, who said that its only a matter of time before it becomes a dominant force in technology. But underpinning that is the real trauma. While no international forces have entered the war on Ukraines side, Ward states that the countrys allies must remain united in providing humanitarian aid and military assistance. [Global community] should inspire us to really make small actions, to make a difference and figure out ways in our own lives and in our own lines of work where we can contribute, said DOyen McKenna. Inspirational: This brand voice is motivating, uplifting, and aspirational. At BoF VOICES 2022, the seasoned Nike executive discussed the power of second chances and the secret he kept while building Michael Jordans brand. Nabi laid the groundwork for growth by doubling down on prestige and expansion in China focusing especially on excavating the strengths and purposes of each brand in the conglomerates portfolio. Gucci is in a transitional moment, with new creative director Sabato De Sarnos vision for the brand still to be unveiled. The Business of Fashion 150K subscribers Subscribe 3.6K views 2 months ago #bofvoices Highlights from BoF's annual gathering for big thinkers, VOICES 2022, where speakers included, Victoria. So what are the possibilities? Other regions such as the Middle East may become new havens of growth, requiring brands to further localise designs, marketing and merchandising to attract new customers. Background: The Korean cultural wave, also known as Hallyu, has become worldwide sensation a in recent years, with Korean art, music, drama, food and more sweeping the globe. The product spoke for itself. Social media has been at the heart of Beckhams strategy to foster an engaged community and grow her customer basis. On a recent trip to Somalia, Tjada DOyen McKenna, the chief executive of humanitarian aid organisation, Mercy Corps, saw the real-life impact of these global concerns up close. Referencing the protests seen across Iran and the Iranian diaspora, Yousafzai spoke about the need for freedom in dressing to liberate women to feel safe both in dictatorial states and in battling Western norms. Additional Resources: A Nike Executive Seeks a Familys Forgiveness for a 1965 Murder: The New York Timesthe story of the impact of Larry Miller, chairman of the Jordan Brand Advisory Board, and his actions as a 16-year-old. Its not just telling women that they should dress a certain way, but its actually limiting them from opportunities, says Yousafzai. This is one I think could be different said BoF technology correspondent Marc Bain. Its essential listening and hugely informative! A number of fashions biggest brands used their shows as a way to start a new path. Nick Knight Says Heart and Mind are the Key to Fashion Imagemaking: BoF editor-in-chief Imran Amed sat down with Mr. Knight for the third installment of Fashion Pioneeers, a series of intimate live-streamed conversations between Mr. Amed and the industrys most interesting operators. Hosted on Acast. See acast.com/privacy for more information. Hosted on Acast. The film director joins BoF editor-at-large Tim Blanks to discuss how he uses his fashion and music roots to stage powerful experiences including from Abba Voyage and recent Dior Men and Fendi Couture shows. I think the great thing now about social media is you have the opportunity to really communicate with your community and show people who you really are, she says. Key Insights: When I was 16, I shot a kid and he died and I was charged as an adult at 16 years old pleaded guilty to second-degree murder, was sentenced to four and a half to 20 years, Miller revealed at BoF VOICES 2022. Already an activist for girls education before the assassination attempt, that moment on the bus vaulted Yousafzai onto the global stage, where for a decade she has remained one of the most prominent and effective voices for gender equality. I think we are re-learning a whole bunch of things which you cant just take exactly what we do in the real world, he says. Additional Resources: Top 10 Shows of the Season: BoFs editors pick the top ten shows of the Autumn/Winter 2023 season. Founded in 2007 by Imran Amed, BoF is known for its authoritative, agenda-setting point of view on the global fashion industry, and is an indispensable resource for fashion executives, creatives, students, and entrepreneurs in over 200 countries. This week on The BoF Podcast, Beckham speaks about the development of her brand and how resilience has been at the core of her creative process. Difference is not only a chance, but in business, it's an asset, said Nabi. Wholesale and physical retail have a new role in revamping customer journeys, requiring brands to look beyond tier-one cities to be physically closer to consumers. As e-commerce growth normalises after its pandemic boom, the sheen has started to wear off the direct-to-consumer digital model that propelled many brands over the past decade. Moj Mahdara and Dina Nasser-Khadivi speak with BoFs Imran Amed about how creative communities from the Iranian diaspora are participating in the largest civil rights movement in Iran since the revolution in 1979. Background: Since the war broke out inUkraine, creativityhas proved to bea source of resilience for Ukrainians. In 1997, Miller started working for Nike under founder Phil Knight, and became the first Black vice president in apparel at the company before going on to become president of the Jordan brand in 1999. Join us at The Times Center, New York or via the global livestream together with global business leaders, technologists and creative innovators from brands including Gucci, Ambush, StockX and Levis to gain actionable insights to inform business strategy, optimise supply chain and retail operations, and leverage new channels to engage with customers. And the smartest being on planet Earth is not humans [it is] life itself. So the truth is very important. Click here to sign up now. Victoria Beckham on Taking Power Back from her Critics. But it wasnt until years later that he went public about his backstory with the publication of his book, Jump: My Secret Journey From the Streets to the Boardroom.At BoF VOICES 2022, Miller sat down with UTA executive Darnell Strom to share his story, talk about the power of second chances and explain how he found redemption. Additional Resources:BoF VOICES 2022: Live Your Best Life: In the final session of BoFs annual gathering, speakers from model Dennis Okwera and Coty chief Sue Y. Nabi to Nikes Larry Miller and activist Malala Yousafzai reflected on their personal histories and inner powers.How to Create an Inclusive Workplace: Employees who feel comfortable and engaged make for a more productive and innovative workforce. Accelerated digital transformation. Sometimes when we think of activism in our mind we think of great speeches, we see a huge crowd of people and there stands an inspiring leader but it is small actions that [defines] activism overall, says Yousafzai. While technology and social media has increased the amount of information available and the speed at which people can consumer it, Mohyeldin warns of the responsibility we have as consumers to distinguish whats true and whats not. Hosted on Acast. See acast.com/privacy for more information. Thanks to the fervour over the likes of K-pop and K-beauty, many of the Korean diaspora have seen the culture they have grown up in become a common sight well beyond South Koreas borders. But while much of the industry has returned to in-person shoots and events once Covid restrictions were lifted, the respected image-maker believes this is only the beginning of the next great wave of digital innovation in the fashion industry. The Genesis of the Modern Luxury Fashion Industry. Even as Ukraine has pushed back Russian forces, there appears to be no end in sight to the conflict. It's time we called in the refs. This week on The BoF Podcast, BoFs chief sustainability correspondent Sarah Kent speakswith Fancy; Maxine Bdat, director of the New Standard Institute; Baroness Margaret Omolola Young, activist and a member of Britains House of Lords and Ken Pucker, former chief operating officer of Timberland to explore the role that regulation can play in creating a more sustainable fashion industry. Fashion executives should adapt their business models to protect customer loyalty and avoid diluting their brands. See acast.com/privacy for more information. Thats the point of doing it. Music has been a thread throughout Walshs career. It has been described as The Economist of Fashion, A Daily Destination for Fashions Power Players, and The Industry Bible, www.businessoffashion.com BoFs technology correspondent Marc Bain joins Imran Amed to discuss Silicon Valleys latest craze, and its potential for the fashion industry. Throughout the display, there are costume changes, chatter between the artists and shadowy figures still present when the lights are out. Join the Forces of Fashion email list for the latest updates on 2023 tickets, talent, agenda and more. Brands will embrace creative campaigns and new channels such as retail media networks and the metaverse to achieve greater ROI on marketing spend and gather valuable first-party data that can be leveraged to deepen customer relationships. For more information read our Terms & Conditions. Hosted on Acast. Budgets will shift to alternative channels that could generate better return on investment than paid social media ads, such retail media networks, while building stronger brand communities. Subscribe to our daily newsletter here. See acast.com/privacy for more information. It aims to entertain customers and make them laugh. Hosted on Acast. Tjada DOyen McKenna, the CEO of Mercy Corps, shares insights on growing global food insecurity and deepening inequality.At the end of 2022, one in 10 children worldwide were dealing with malnourishment, the result of the worst hunger crisis the world has faced in a generation. If theres one thing we learned over the last few years it's that anything can happen, says Amed. Martins put a mountain of 200,000 condoms at the middle of his runway. However, much of the industry is entering this difficult period with strong foundations, having experienced impressive growth in 2021 and in the first half of 2022. Additional Resources: BoF VOICES 2022: Finding Optimism in an Unsteady World To subscribe to the BoF Podcast, please follow this link. Sadly it is mystifying why BoF seems to be practically alone in calling out these disturbing decisions at Balenciaga. Key Insights: Activism is not just about thought leaders with big personalities, or huge crowds of protestors. Knight has recently launched ikon-1 NFTs in collaboration with model and creator Jazzelle. As economies around the world began lifting restrictions in 2021 after enduring the pandemics devastation, the fashion industry benefitted from a burst of pent-up consumer demand, despite some challenges remaining, like supply chain disruptions. Speakers explored the climate crisis and accusations of corporate greenwashing; the potential of artificial intelligence and the associated ethical implications; the war in Ukraine and growing economic uncertainty and inequality across the globe and Gen-Zs rising anger over these issues and how to start to fix them. Consider sustainability. March 18, 2023, 5:04 AM. Agenda-setting intelligence, analysis and advice for the global fashion community. Fashion executives need a new vision for what the organisation of the future will require, focusing on attracting and retaining top talent, as well as elevating teams and critical C-suite roles to execute on priorities like sustainability and digital acceleration. This is something where you can see the real-world applications. Key Insights: There are many potential applications for generative AI in fashion: e-commerce sites could deploy it in chat boxes, fast fashion brands could ask it to produce styles based on customer data, and designers could use it for mood-boarding and colour conception. Additional Resources: BoF VOICES 2022: Finding Optimism in an Unsteady World: From the Ukraine War to the climate crisis to the legacy of the pandemic, speakers including CNNs Clarissa Ward, Mercy Corps Tjada DOyen McKenna, Goldman Sachs Tim Ingrassia and Google Xs former chief business officer Mo Gawdat discussed the uncertainty gripping the world and why theres cause for hope. The Korean Wave exhibit at Victoria & Albert Museum join Yana Peel, Chanels head of culture and arts to share their experience growing up as part of the Korean community and seeing their culture spread globally. Jerry Lorenzo and Jordan Brands Larry Miller Will Speak at BoF VOICES 2022: BoF hosts its annual VOICES conference, and invites Jordan chairman Larry Miller to speak. Key Insights: Gawdat believes that AI has emotions, which adds a layer of complexity to its instructability and predictability with carrying out tasks. Hosted on Acast. At Balenciaga, Demna returned to a more subdued approach after the brand fell under intense criticism at the end of last year after it was accused of sexualising children in an ad campaign. Sue Y. Nabi on How Being Different Is a Superpower. Conflict, Climate and Todays Global Hunger Crisis. Tim Blanks and Imran Amed discuss the highlights of the Autumn/Winter 2023 collections,including Daniel Lees debut at Burberry, a transitional show at Gucci and Balenciagas first brand statement in the wake of the advertising scandal. By the year 2029, the smartest being on planet Earth is not going to be a human, says Gawdat. [AI] has emotions, so this to me is a form of life, says Gawdat. Executives are bracing for a tough 2023; leading brands will deploy realistic but bold strategies that combine careful cost control with strategic investments in skills growth. The conversation also covered the often uncertain nature of the fashion media industry, especially as the business model for journalism changes and evolves. The social media aspect of this movement, the reason why it was so important for me, it was not just about raising awareness, it ended up helping us identify who our allies were, Nasser-Khadivi said. A new podcast launched by London-based fashion community platform ClickerMe, The Fashion Slashie hosted by fashion journalist Lara Johnson-Wheelerlooks at the ever . This is something where you can see the real-world applications.Key Insights:There are many potential applications for generative AI in fashion: e-commerce sites could deploy it in chat boxes, fast fashion brands could ask it to produce styles based on customer data, and designers could use it for mood-boarding and colour conception.But theres a level of expertise AI doesnt have yet. It is really one of the most dynamic exporters of cultural content, said Peel. . But overall, fashion was still fixated on navigating all the uncertainty that prevails in the world, economic and otherwise. And were so excited that were able to share our way of life. Cultural influence can come as both an admiration of the culture itself as well as adoption of culture as ones own. The series also highlights the pressures on designers to double the volume of collections and the impact of that growth on the planet. I say by 2035 your world will be completely unrecognisable. This week on The BoF Podcast, Gawdat shares the future of AI and why ethics is crucial to understanding humanitys impact on the development of AI. We teach AI by example, said Blanks. The seventh annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals the industry is heading for a global slowdown in 2023 as macroeconomic tensions and slumping consumer confidence chip away at 2022s gains. It's a mark of genius, what he manages to do with things that are really familiar that alchemy of fashion, says Blanks. Then we actually have a chance of turning the tide this decade. To move past Greenwashing, governments need to take bold action, and we need to tell them to be bold at the ballot box and at every opportunity, says Baroness Young.. Green bonds and ESGs need to be left behind. But also how we engage with the world that we find, how we respond to it and act in it.Despite the hardships that citizens of Somalia and other impoverished or conflict-ridden countries face, human determination and grit always shine through. Consumer behaviours in 2023 will depend greatly on household incomes. In hopes of better understanding the mechanics of a good recommendation, Zozo just launched an in-person styling lab, which brings customers in for appointments and uses data analysis to help them pick outfits. Thanks to the 24/7 news cycle, which lives on social media, on television and constantly-updated web pages, it has never been easier to have a grasp of what is happening in the world. This will feed into distribution channels, as brands will need to seek higher margins and gather more first-party customer data.

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