Breaking
EST. 2007 — started as a blog from a Notting Hill flat 200+ countries reached 1.5M+ monthly readers · 5M+ social followers BoF 500 — 1,600+ members across 98 nations FINANCIAL TIMES led the 2019 Series B STATE OF FASHION — 10 years with McKinsey & Co. VOICES 2026 — Dec 1–4, Soho Farmhouse EST. 2007 — started as a blog from a Notting Hill flat 200+ countries reached 1.5M+ monthly readers · 5M+ social followers BoF 500 — 1,600+ members across 98 nations FINANCIAL TIMES led the 2019 Series B STATE OF FASHION — 10 years with McKinsey & Co. VOICES 2026 — Dec 1–4, Soho Farmhouse
The Business of Fashion (BoF) logo
Company · Fashion Media & Intelligence

The Business of Fashion

A former management consultant started blogging about fashion from his sofa in 2007. He built the industry's newsroom of record - and a membership business around it.

A blank page, a single writer, and an industry that had never been covered like a business. The logo came later; the habit of showing up came first. — London, 2007

Founded 2007 London, UK ~110 employees Series B · FT-backed
2007Founded
200+Countries reached
1.5M+Monthly readers
5M+Social followers
01

The Improbable Newsroom

Here is a thing that should not have worked: a man with no fashion experience decides the fashion industry needs to be covered like a real business, starts a blog on his sofa, and eighteen years later runs a company the Financial Times wanted a piece of.

In 2007, Imran Amed was, by the standards of the fashion establishment, exactly the wrong person to start a fashion publication. He was Canadian-British, trained at Harvard Business School, and had spent his early career at McKinsey & Company - a firm better known for restructuring supply chains than for front-row seats. He had, by his own account, no professional experience in fashion. What he had was a hunch that an emotional, hype-driven, notoriously closed industry could stand to be reported on with the seriousness normally reserved for banks and airlines.

So he did the unglamorous thing. He wrote. The Business of Fashion began as a blog from his flat in Notting Hill, one post at a time, aimed at a reader who wanted to know less about the hemline and more about the balance sheet behind it. The premise turned out to be the product: fashion as a business beat, covered by someone who could read a business.

The interesting part is what BoF became rather than what it started as. Plenty of blogs get traffic. Very few turn into companies with five distinct revenue lines. BoF sells memberships, advertising and partnerships, data and advisory work, recruitment services, and events. If one of those lines has a bad year, the others keep the lights on. That is not an accident of a media company that got lucky; it is the shape of a media company that decided early it would not depend on advertising alone.

By 2013, Index Ventures had led a seed round. Felix Capital led a Series A. And in 2019, the Financial Times - a newspaper that knows a thing or two about getting people to pay for journalism - led BoF's Series B and collaborated on the subscription technology underneath it. The terms were never disclosed, which is itself a small tell: BoF is private, disciplined about what it announces, and comfortable letting the work do the talking.

BoF's mission is to open, inform and connect the global fashion and beauty industries.

— The Business of Fashion, on why it exists
02

Five Businesses, One Audience

The trick BoF pulled off is worth stating plainly: it did not build one product. It built one loyal audience and learned to serve it five different ways.

03

What Fashion's Bosses Are Thinking

From The State of Fashion 2026, BoF's annual report with McKinsey - a rough read on executive mood heading into the year.

Executive sentiment for 2026

Share of fashion leaders surveyed · State of Fashion 2026

Tariffs seen as the year's biggest issue76%
Expect industry conditions to worsen46%
Expect conditions to improve25%

By the numbers

The scale behind the masthead

Countries reached200+
BoF 500 community1,600+ / 98 nations
BoF Careers candidate database54,000+
Social followers5M+
04

How It Got Here

2007

The blog begins

Imran Amed starts writing The Business of Fashion from his flat in Notting Hill, London.

2013

Seed funding and the first BoF 500

A seed round led by Index Ventures; the BoF 500 index of influential people launches.

2014

BoF Careers launches

A global fashion talent marketplace debuts, later growing to 180+ employer partners.

2015

Series A and paid membership

Felix Capital leads a Series A as BoF rolls out its BoF Professional subscription.

2017

An MBE and a McKinsey partnership

Amed is appointed MBE by Queen Elizabeth II for services to fashion; State of Fashion launches with McKinsey.

2019

The Financial Times invests

The FT leads BoF's Series B and collaborates on subscription technology.

2026

A decade of State of Fashion

The 10th annual report publishes as VOICES 2026 heads to Soho Farmhouse, Dec 1–4.

05

What You Can Actually Do With It

Stay informed

Read the beat

Follow daily reporting and analysis on fashion, beauty and luxury - the kind written for people who need to make decisions, not just admire clothes.

Go pro

Subscribe

BoF Professional unlocks Insider Briefings, expert newsletters, case studies and masterclasses. Individual, team and student plans, with a risk-free trial.

Get hired

Use BoF Careers

Search fashion and beauty roles at 180+ employers, or list your CV in a database that global groups actually recruit from.

Learn

Take a masterclass

Practical, on-demand and live courses to build fashion-business skills - useful whether you're a student or a seasoned executive.

Plan ahead

Read the reports

Download the State of Fashion and BoF Insights research to pressure-test your own strategy against where the industry is heading.

Belong

Join the room

Attend or livestream VOICES, or find yourself in the BoF 500 - the closest thing fashion has to a shared address book.

06

Angles Worth Writing

Story

From Notting Hill to newsroom of record

The origin story and the bet that fashion deserved serious business coverage.

Product

Inside BoF's five-engine business model

How journalism, data, learning, careers and events combine into one durable company.

Story

The paywall that worked

Why readers pay for fashion journalism when so much media went free.

Story

State of Fashion at 10

What a decade of McKinsey x BoF forecasts got right - and wrong.

Product

The talent marketplace play

How a job board with 54,000+ CVs became a revenue engine and industry utility.

Story

Why the FT bet on BoF

The strategic logic behind the 2019 Series B and the subscription-tech collaboration.

07

Frequently Asked

What is The Business of Fashion?

A London-based global media and intelligence company covering the fashion, beauty and luxury industries through journalism, data, online learning, careers and events.

Who founded The Business of Fashion?

Imran Amed, a Canadian-British entrepreneur and former McKinsey consultant, who launched it as a blog in 2007 and remains CEO and Editor-in-Chief.

How does BoF make money?

Through BoF Professional memberships, advertising and partnerships, BoF Insights advisory and data work, the BoF Careers job marketplace, and events like VOICES and the BoF 500.

What is the State of Fashion report?

An annual industry report BoF co-publishes with McKinsey & Company forecasting the trends, risks and opportunities for the year ahead. The 2026 edition was its 10th.

Who invested in The Business of Fashion?

Index Ventures led its 2013 seed round, Felix Capital led a Series A, and the Financial Times led its 2019 Series B, with terms undisclosed.

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