The Business of Fashion Podcast
Scott Galloway on Breaking Up Big Luxury | Inside Fashion

Scott Galloway on Breaking Up Big Luxury | Inside Fashion

May 29, 2020

The bestselling author and business professor offers his insight into the challenging market and M&A landscape that industry players of all sizes have to navigate.

Scott Galloway is no stranger to expressing views as provocative as they are incisive. The author, business school professor and serial entrepreneur has a lot to say about the state of the market in the era of Covid-19, but his observations and predictions are also, crucially, grounded in wider social, political and economic arguments — whether that’s the now-untenable position of American exceptionalism, the burden of student debt or the failings of intergenerational wealth distribution. Speaking in conversation with Imran Amed, Galloway shares his thoughts on the state of the luxury sector, importance of e-commerce and the indomitable power of Amazon, a company he describes as “firing on all 12,000 cylinders” yet still can’t crack the fashion market. Here are some of the key takeaways:
 
  • “The class of IPOs that will come to the markets in the next 3-6 months will boom,” said Galloway. “I think the markets are going to accelerate but people conflate the markets with the economic health of america. The markets are nothing more than an indication of how the top decile of Europe and America are doing.” 
  • Amazon’s tricky relationship with fashion and luxury is hard to reconcile. “Amazon partners with an industry the way a virus partners with a host,” he said, which explains why luxury brands have traditionally kept the e-commerce giant at arm’s length. Even with the remarkable acceleration of e-commerce in the past eight weeks, however, Amazon’s algorithmically driven retail model does not allow for the forward-looking trend cycle on which the fashion industry operates.
  • Luxury is a relatively well-positioned industry. “The majority of sectors in the world would pray for luxury’s problems right now,” he said, but much like big tech companies, conglomerates in the luxury space create “an unhealthy environment where too few players are allowed to [accrue] too much power... if you wanted to oxygenate the economy around luxury you would go ahead and break them up.”
 
 
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Special Edition: Silvia Venturini Fendi Will Surprise You

Special Edition: Silvia Venturini Fendi Will Surprise You

April 24, 2020

In the latest special edition of the BoF Podcast, Fendi Creative Director Silvia Venturini Fendi talks to BoF Editor-at-Large Tim Blanks about everything from the future of smart clothing to the end of the fashion show as we know it.

 

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Carine Roitfeld’s Remarkable Fashion Career | Inside Fashion

Carine Roitfeld’s Remarkable Fashion Career | Inside Fashion

March 20, 2020
The acclaimed stylist and editor, whose name has become synonymous with French style, talks to Imran Amed about how the industry has changed since her days at French Vogue, working with Karl Lagerfeld, becoming a brand and the importance of staying curious.

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Special Edition: Luca Solca on ‘The Worst Year in the History of Modern Luxury’

Special Edition: Luca Solca on ‘The Worst Year in the History of Modern Luxury’

March 19, 2020

BoF’s Imran Amed and the Bernstein analyst discuss what the sector should expect as coronavirus threatens sales and supply chains.

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Special Edition: Retail Futurist Doug Stephens on How Coronavirus Will Shift Consumer Behaviour

Special Edition: Retail Futurist Doug Stephens on How Coronavirus Will Shift Consumer Behaviour

March 13, 2020

As the pandemic jolts global markets and consumption habits, Imran Amed and Doug Stephens discuss the mindset fashion companies should adopt to stay above water.

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A Fashion Month Unlike Any Other | Inside Fashion

A Fashion Month Unlike Any Other | Inside Fashion

March 6, 2020

As wildfires swept across Australia and the coronavirus spread across the globe, Imran Amed and Tim Blanks reflect on how the world’s uncertainties have informed the Autumn/Winter 2020 season.

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Caroline de Maigret Rips Up Fashion’s Rulebook | Inside Fashion

Caroline de Maigret Rips Up Fashion’s Rulebook | Inside Fashion

February 7, 2020

The author and model speaks with BoF’s Editor-in-Chief Imran Amed about challenging beauty standards, working with Karl Lagerfeld and her new book ‘Older, But Better, But Older.’

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2019’s Pivotal Fashion Moments | Inside Fashion

2019’s Pivotal Fashion Moments | Inside Fashion

December 20, 2019

This week on Inside Fashion, BoF’s Imran Amed and Tim Blanks discuss the key themes and events that defined the global fashion industry in 2019.

 

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Tim Blanks on the Menswear Spring 2020 Season | Inside Fashion

Tim Blanks on the Menswear Spring 2020 Season | Inside Fashion

June 28, 2019

This week on Inside Fashion, BoF’s editor-at-large gives his verdict on the season, discusses his favourite shows and recounts Karl Lagerfeld’s Paris memorial.

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Supermodel Adut Akech on the Legacy of Being a Refugee | BoF VOICES

Supermodel Adut Akech on the Legacy of Being a Refugee | BoF VOICES

March 29, 2019

From living in a Kenyan refugee camp to travelling the globe as an international top model, the industry’s name to watch reveals her journey.

To watch Adut's conversation with Tim Blanks at VOICES 2018 click here

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