The Retailer That's Still Charging Ahead Without E-Commerce

The Fashion Billionaires Who Got Even Richer in the Year of the Pandemic [View on Web]( [Add to contacts]( [New reader? Subscribe]( [BoF]( THE DAILY DIGEST ADVERTISEMENT [Attentive | DDNL | Nov2-5]( THE UPFRONT Dear BoF Community, This week, countries across Europe returned to lockdown and the US recorded a record number of new coronavirus cases in a single day. With no end in sight to the global health crisis, e-commerce has become an essential lifeline for most brands. But low-cost retailer Primark has no plans to sell online at all. Will its big bet on old-school sales channels pay off? Tamison O'Connor explores [why Primark thinks people will still venture out to its stores]( even in a pandemic. Plus Casey Hall investigates [the 'fashion billionaires' who have made a fortune in China]( in the year of the pandemic, and Tim Blanks [reviews Undercover's 'Fallen Man' show.]( And Chantal Fernandez breaks down the [$1.1 billion joint venture]( between Farfetch, Alibaba and Richemont. Elsewhere, tune in to BoF's latest podcast to hear [what the outcome of the US election could mean for the fashion industry.](  Sarah Kent, Senior Correspondent TODAY'S MUST READ [Intelligence]( [The Retailer That's Still Charging Ahead Without E-Commerce]( BY Tamison O'Connor [Against the odds, Primark’s sales bounced back faster than expected over the summer, despite the company’s lack of online sales channels. But a second wave of lockdowns is putting fresh pressure on the retailer.]( Try BoF Professional for 30 days for $1/£1 [JOIN]( TOP STORIES [News & Analysis]( [What the Farfetch-Alibaba-Richemont Tie Up Means for the Future of Online Luxury]( BY Chantal Fernandez [Farfetch has raised $1.15 billion from three of the industry’s biggest players, including the owner of its greatest rival. Does the partnership foreshadow further consolidation — and where does Yoox Net-a-Porter fit into all of this?]( Try BoF Professional for 30 days for $1/£1 [JOIN]( [China Decoded]( [The Fashion Billionaires Who Got Even Richer in the Year of the Pandemic]( BY Casey Hall [This year’s biggest winners may have been China’s uber-wealthy business leaders, who amassed an astonishing amount of wealth despite the global pandemic. Many of them have fashion to thank for part of their fortunes.]( Try BoF Professional for 30 days for $1/£1 [JOIN]( [Podcasts]( [The BoF Podcast: The Fashion Industry Unpacks the US Election]( BY BoF Team [The BoF team and industry experts Sharifa Murdock and Stephen Lamar discuss what the close vote means for the future of fashion.]( [Market Pulse]( [Luxury Sector Recovers in Time for Second Lockdown]( BY Pierre Mallevays [Quarterly results have highlighted a recovery in sales over the summer, but the sector is bracing itself for further lockdowns in Europe and potential post-election turmoil in the US.]( Try BoF Professional for 30 days for $1/£1 [JOIN]( [Tim's Take]( [Tim Blanks’ Top Fashion Shows of All-Time: Undercover Autumn/ Winter 2020]( BY Tim Blanks [BoF’s Editor-at-Large goes back to Jun Takahashi’s dark, idiosyncratic obsessions with his 'Fallen Man' show.]( [IN OTHER NEWS]( [Live Blog: Consumer Recovery Forecast as Biden Wins More States]( [Italy Locks Down Milan and Much of Industrial North]( [Capri Holdings Beats Quarterly Revenue Estimates]( [Denmark to Cull Mink Population After Virus Fears]( [Power Moves | Lululemon Bolsters Executive Team, VF Names Global D&I VP]( BoF CAREERS - FEATURED JOBS  [E-Commerce Director]( [CDLP](   Stockholm, Sweden  [Clienteling & Loyalty Manager, North America]( [LVMH Fashion Group](  New York, United States  [VIP Client Services Assistant - Asian Market]( [Dover Street Market](  London, United Kingdom [View All Jobs](  [Subscribe Were you forwarded this email? To subscribe to this newsletter, click below.]( for Free]( Follow Us [The Business of Fashion]( [Sponsorship & Advertising]( [About]( This email was sent to {EMAIL} [Add to Address Book]( | [Unsubscribe]( | [Edit Newsletter Subscriptions]( The Business of Fashion Moray House - 6th Floor · 23-31 Great Titchfield St London W1W 7PA · United Kingdom