Farfetch’s Endgame

What Comes After the Travel Boom; Fast Fashion’s New Challenges ~/AAAHagA~/RgRnYmphP0SLaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tLz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE4MTIyMyZ1dG1fY29udGVudD1ib2ZfbG9nb1cFc3BjZXVCCmV9YeV_ZfX-_1ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ ADVERTISEMENT ~/AAAHagA~/RgRnYmphP0QWaHR0cHM6Ly9iaXQubHkvM3VTbk9oZ1cFc3BjZXVCCmV9YeV_ZfX-_1ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ WHAT YOU NEED TO KNOW TODAY: MONDAY, DECEMBER 18, 2023 - Brands that thrived in the “revenge travel” era need a [new plan as consumers dial back](~/AAAHagA~/RgRnYmphP0S6aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL3JldGFpbC92YWNhdGlvbi1ib29tLW92ZXItcmVzb3J0LWZhc2hpb24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV9jb250ZW50PWludHJvVwVzcGNldUIKZX1h5X9l9f7_VlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) vacation spending. - Farfetch is in talks to [secure $500 million in emergency funding](~/AAAHagA~/RgRnYmphP0TSaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvbHV4dXJ5L2ZhcmZldGNoLWluLXRhbGtzLXdpdGgtbGlxdWlkaXR5LXByb3ZpZGVyLXRvLWF2b2lkLWJhbmtydXB0Y3kvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV9jb250ZW50PWludHJvVwVzcGNldUIKZX1h5X9l9f7_VlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk), in a deal that would also take the company private, according to The Sunday Times. - Fast-fashion disruptors and incumbents alike will [face fresh challenges ahead](~/AAAHagA~/RgRnYmphP0T9aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL3Byb2Zlc3Npb25hbC90aGUtc3RhdGUtb2YtZmFzaGlvbi0yMDI0LXJlcG9ydC1mYXN0LWZhc2hpb24tcmV0YWlsLWN1c3RvbWVyLWV4cGVyaWVuY2UtcmVndWxhdGlvbi1zaGVpbi10ZW11Lz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE4MTIyMyZ1dG1fY29udGVudD1pbnRyb1cFc3BjZXVCCmV9YeV_ZfX-_1ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~), according to The State of Fashion 2024. - Nike will need to show investors this week it has a [plan to take on new rivals](~/AAAHagA~/RgRnYmphP0TRaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9hY3RpdmV3ZWFyL3doeS1uaWtlLWlzLXRyYWlsaW5nLWJlaGluZC1vbi1hbmQtaG9rYXMtaW4tcnVubmluZy8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xODEyMjMmdXRtX2NvbnRlbnQ9aW50cm9XBXNwY2V1QgplfWHlf2X1_v9WUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) in the running category. - A private equity firm has [acquired the intellectual property](~/AAAHagA~/RgRnYmphP0SraHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvYmVhdXR5L3VvbWEtYmVhdXR5LW5ldy1vd25lcnMvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV9jb250ZW50PWludHJvVwVzcGNldUIKZX1h5X9l9f7_VlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) of the struggling inclusive label Uoma Beauty. TOP STORIES [RETAIL](~/AAAHagA~/RgRnYmphP0TFaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9yZXRhaWw_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xODEyMjMmdXRtX3Rlcm09TzM0RVROTUlYUkQ0WkVTN0Y3R1pVNzZZUzQmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzFfdG9waWNXBXNwY2V1QgplfWHlf2X1_v9WUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [What Happens When the Travel Boom Ends?](~/AAAHagA~/RgRnYmphP0TqaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL3JldGFpbC92YWNhdGlvbi1ib29tLW92ZXItcmVzb3J0LWZhc2hpb24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV90ZXJtPU8zNEVUTk1JWFJENFpFUzdGN0daVTc2WVM0JnV0bV9jb250ZW50PXRvcF9zdG9yeV8xX3RpdGxlVwVzcGNldUIKZX1h5X9l9f7_VlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) By Cathaleen Chen ~/AAAHagA~/RgRnYmphP0TqaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL3JldGFpbC92YWNhdGlvbi1ib29tLW92ZXItcmVzb3J0LWZhc2hpb24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV90ZXJtPU8zNEVUTk1JWFJENFpFUzdGN0daVTc2WVM0JnV0bV9jb250ZW50PXRvcF9zdG9yeV8xX2ltYWdlVwVzcGNldUIKZX1h5X9l9f7_VlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk [Discounted airfare and lower hotel occupancies in recent months signal weakening demand in the vacation economy. For brands that thrived on “revenge travel,” this means pivoting to more versatile products and offering cheaper options.](~/AAAHagA~/RgRnYmphP0ToaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL3JldGFpbC92YWNhdGlvbi1ib29tLW92ZXItcmVzb3J0LWZhc2hpb24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV90ZXJtPU8zNEVUTk1JWFJENFpFUzdGN0daVTc2WVM0JnV0bV9jb250ZW50PXRvcF9zdG9yeV8xX2Rla1cFc3BjZXVCCmV9YeV_ZfX-_1ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [READ MORE](~/AAAHagA~/RgRnYmphP0ToaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2FydGljbGVzL3JldGFpbC92YWNhdGlvbi1ib29tLW92ZXItcmVzb3J0LWZhc2hpb24vP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV90ZXJtPU8zNEVUTk1JWFJENFpFUzdGN0daVTc2WVM0JnV0bV9jb250ZW50PXRvcF9zdG9yeV8xX2N0YVcFc3BjZXVCCmV9YeV_ZfX-_1ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [RETAIL](~/AAAHagA~/RgRnYmphP0TFaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL3RvcGljcy9yZXRhaWw_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xODEyMjMmdXRtX3Rlcm09UDdHTVlMQkFLVkNGN0lMQjJKS0hPSUlGSFUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfdG9waWNXBXNwY2V1QgplfWHlf2X1_v9WUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [The Category Where Nike Is Racing to Catch Up](~/AAAHagA~/RgRnYmphP4QBAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9icmllZmluZ3MvYWN0aXZld2Vhci93aHktbmlrZS1pcy10cmFpbGluZy1iZWhpbmQtb24tYW5kLWhva2FzLWluLXJ1bm5pbmcvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV90ZXJtPVA3R01ZTEJBS1ZDRjdJTEIySktIT0lJRkhVJnV0bV9jb250ZW50PXRvcF9zdG9yeV8yX3RpdGxlVwVzcGNldUIKZX1h5X9l9f7_VlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) By Brian Baskin ~/AAAHagA~/RgRnYmphP4QBAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9icmllZmluZ3MvYWN0aXZld2Vhci93aHktbmlrZS1pcy10cmFpbGluZy1iZWhpbmQtb24tYW5kLWhva2FzLWluLXJ1bm5pbmcvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV90ZXJtPVA3R01ZTEJBS1ZDRjdJTEIySktIT0lJRkhVJnV0bV9jb250ZW50PXRvcF9zdG9yeV8yX2ltYWdlVwVzcGNldUIKZX1h5X9l9f7_VlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk [The world’s biggest footwear brand has struggled to fend off competition in the fast-growing running category. Earnings this week provide an opportunity to show progress.](~/AAAHagA~/RgRnYmphP0T_aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9hY3RpdmV3ZWFyL3doeS1uaWtlLWlzLXRyYWlsaW5nLWJlaGluZC1vbi1hbmQtaG9rYXMtaW4tcnVubmluZy8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xODEyMjMmdXRtX3Rlcm09UDdHTVlMQkFLVkNGN0lMQjJKS0hPSUlGSFUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfZGVrVwVzcGNldUIKZX1h5X9l9f7_VlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRnYmphP0T_aHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL2JyaWVmaW5ncy9hY3RpdmV3ZWFyL3doeS1uaWtlLWlzLXRyYWlsaW5nLWJlaGluZC1vbi1hbmQtaG9rYXMtaW4tcnVubmluZy8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyX2RhaWx5ZGlnZXN0JnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPURhaWx5X0RpZ2VzdF8xODEyMjMmdXRtX3Rlcm09UDdHTVlMQkFLVkNGN0lMQjJKS0hPSUlGSFUmdXRtX2NvbnRlbnQ9dG9wX3N0b3J5XzJfY3RhVwVzcGNldUIKZX1h5X9l9f7_VlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [Farfetch Seeks Last-Minute Bailout to Avoid Insolvency](~/AAAHagA~/RgRnYmphP4QCAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9uZXdzL2x1eHVyeS9mYXJmZXRjaC1pbi10YWxrcy13aXRoLWxpcXVpZGl0eS1wcm92aWRlci10by1hdm9pZC1iYW5rcnVwdGN5Lz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE4MTIyMyZ1dG1fdGVybT1VV0FXS0xCVjJOR1NQSE9SRDU3TzZSS0JINCZ1dG1fY29udGVudD10b3Bfc3RvcnlfM190aXRsZVcFc3BjZXVCCmV9YeV_ZfX-_1ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [READ MORE](~/AAAHagA~/RgRnYmphP4QAAWh0dHBzOi8vd3d3LmJ1c2luZXNzb2ZmYXNoaW9uLmNvbS9uZXdzL2x1eHVyeS9mYXJmZXRjaC1pbi10YWxrcy13aXRoLWxpcXVpZGl0eS1wcm92aWRlci10by1hdm9pZC1iYW5rcnVwdGN5Lz91dG1fc291cmNlPW5ld3NsZXR0ZXJfZGFpbHlkaWdlc3QmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249RGFpbHlfRGlnZXN0XzE4MTIyMyZ1dG1fdGVybT1VV0FXS0xCVjJOR1NQSE9SRDU3TzZSS0JINCZ1dG1fY29udGVudD10b3Bfc3RvcnlfM19jdGFXBXNwY2V1QgplfWHlf2X1_v9WUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAACQ~) [Private Equity Firm Acquires Uoma Beauty’s Assets](~/AAAHagA~/RgRnYmphP0TbaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvYmVhdXR5L3VvbWEtYmVhdXR5LW5ldy1vd25lcnMvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV90ZXJtPUE3SjZHVUxaTVZENlBLVkxBUVJYUTZBNkZJJnV0bV9jb250ZW50PXRvcF9zdG9yeV80X3RpdGxlVwVzcGNldUIKZX1h5X9l9f7_VlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [READ MORE](~/AAAHagA~/RgRnYmphP0TZaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL25ld3MvYmVhdXR5L3VvbWEtYmVhdXR5LW5ldy1vd25lcnMvP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV90ZXJtPUE3SjZHVUxaTVZENlBLVkxBUVJYUTZBNkZJJnV0bV9jb250ZW50PXRvcF9zdG9yeV80X2N0YVcFc3BjZXVCCmV9YeV_ZfX-_1ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€1](~/AAAHagA~/RgRnYmphP0SoaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL21lbWJlcnNoaXBzL3BhY2thZ2VzP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV9jb250ZW50PWJvZnByb19tb2R1bGVfY3RhVwVzcGNldUIKZX1h5X9l9f7_VlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) [START TRIAL](~/AAAHagA~/RgRnYmphP0SoaHR0cHM6Ly93d3cuYnVzaW5lc3NvZmZhc2hpb24uY29tL21lbWJlcnNoaXBzL3BhY2thZ2VzP3V0bV9zb3VyY2U9bmV3c2xldHRlcl9kYWlseWRpZ2VzdCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1EYWlseV9EaWdlc3RfMTgxMjIzJnV0bV9jb250ZW50PWJvZnByb19tb2R1bGVfY3RhVwVzcGNldUIKZX1h5X9l9f7_VlIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAk) ADVERTISEMENT ~/AAAHagA~/RgRnYmphP0QWaHR0cHM6Ly9iaXQubHkvNDZoTzBpblcFc3BjZXVCCmV9YeV_ZfX-_1ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~ Haley Bieber and the new Mini Manhattan handbag The Manhattan line is the embodiment of the Saint Laurent woman: elegant with a touch of minimalism. This season, the line is extended to mini bags, with the introduction of a mini crossbody bag. A cool-chic attitude with a touch of elevated minimalism. Available in store and on [YSL.COM](~/AAAHagA~/RgRnYmphP0QZaHR0cHM6Ly93d3cueXNsLmNvbS9lbi1nYlcFc3BjZXVCCmV9YeV_ZfX-_1ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) [DISCOVER MORE](~/AAAHagA~/RgRnYmphP0QWaHR0cHM6Ly9iaXQubHkvNDZoTzBpblcFc3BjZXVCCmV9YeV_ZfX-_1ZSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAJA~~) The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. 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