The Business of Fashion

This week in fashion: What the AI ‘Bubble’ Means for Fashion, Bezos and the Met — plus other key industry moves. 1. TJMaxx-owner The TJX Companies, Inc. posted strong sales growth in its latest quarter and lifted its full-year guidance, signaling consumers are favouring budget-friendly options amid economic pressure. 2. Australian dupe brand MCoBeauty drew thousands to its SEPHORA-inspired pop-up in New York with budget alternatives to premium beauty products. 3. 16Arlington’s London salon show with designer Antony Price fused 1980s glam, corsetry, feathers and crystals — and Lily Allen in a velvet closing look. 4.NVIDIA’s stellar earnings results quelled AI bubble fears for now — but a market correction down the line could have major implications for luxury spending. 5. In the leaked “ReconKering” memo, Kering CEO Luca de Meo warned his team of over‑dependence on Gucci and outlined plans for an 18‑month turnaround. 6. Mark Guiducci’s print debut at Vanity Fair featured an all-male Hollywood cover, earning a lukewarm reception amid criticism over representation. 7. Target and Bath & Body Works slashed their annual outlooks this week, blaming soft Q3 sales on weak consumer sentiment and tariff pressures. 8. Amid lawsuits, safety concerns and unhappy customers, the supplements industry is facing record scrutiny. 9. The Bezos’ backing of the Met’s “Costume Art” exhibition has reignited criticism that fashion’s biggest night is being bought. This Week in Fashion is BoF’s weekly news briefing, available exclusively to BoF Professional members. Become a BoF Professional member to access the full analysis: https://lnkd.in/gyBTbfc6

"There's a big gap between being welcomed publicly and being understood privately." At BoF VOICES 2025, model Awar Odhiang joined BoF founder and CEO Imran Amed to explore how joy can be a powerful catalyst for reimagining power, identity, and representation. Sign-up for our Daily Digest Newsletter for all #BoFVOICES content: https://lnkd.in/gWfieBC2

Looking for a marketing role in the beauty industry? Kosas is hiring in Los Angeles. Explore roles on BoF Careers: Senior Manager, Retail Marketing: https://lnkd.in/eN3qDkqd Director, Influencer Marketing: https://lnkd.in/e8iSMDtY Senior Manager, Influencer & Affiliate Marketing: https://lnkd.in/eu2ghTp3 Senior Manager, Retention Marketing: https://lnkd.in/e2WxF6jS

TOD'S is facing a six-month ban on advertising for alleged labour abuses in its supply chain. Read more https://lnkd.in/gumf_5BX

Gap reported stronger-than-expected sales in the third quarter, buoyed by strong growth at Old Navy and excitement via Gap’s recent campaigns. Read more https://lnkd.in/g6TMmQsS

Last night at #BoFVOICES 2025, guests sat down for a thought-provoking dinner hosted by Swap.

At the 10th anniversary of #BoFVOICES, we asked our speakers what can we learn from a decade of the changing fashion landscape. Writer and cultural commentator Camille Charriere highlighted the power of bringing people together — noting that real conversation and real change happens when everyone is in the same room. Sign-up for our Daily Digest Newsletter for all #BoFVOICES content: https://lnkd.in/gWfieBC2

“Community has become one of the industry's biggest buzz words. It is everywhere. But here is what people get wrong. Communities require participation from their members. Communities are not fanbases, they’re not user distribution lists, they are not audiences.” Reddit, Inc.’s vice president of community, Laura Nestler, took to the #BoFVOICES stage to discuss how brands can move beyond buzzwords to build true, participatory communities — and why empowering the few can ignite the growth of the many. Sign-up for our Daily Digest Newsletter for all #BoFVOICES content: https://lnkd.in/gWfieBC2

Phoebe Gates joined her fellow Phia co-founder, Sophia Kianni, on the #BoFVOICES 2025 stage to explore how AI is shaping consumer habits and redefining what it means to shop smart in today’s fashion landscape. To watch #BoFVOICES 2025, sign up to the livestream: https://lnkd.in/gfEhPK46