Fashion World News

Brands have long held the upper hand when it comes to making deals with influencers. But as more companies are called out publicly for wrongdoings, Instagram stars are demanding the ability to break contracts, speak more freely — and get paid on time. from The Business of Fashion https://ift.tt/3lzZMyA

The pandemic shone a spotlight on African e-commerce giants like Jumia, Konga and Takealot but now there is a race to become the fashion gateway for the continent. Which specialist etailer will win? from The Business of Fashion https://ift.tt/3jw3ozH

Founded as a fashion and beauty marketplace in Southeast Asia, Zilingo is now investing in new operational capabilities to serve its B2B community and create opportunities for growth post-Covid. from The Business of Fashion https://ift.tt/2YOFI1x

The company will continue exploring outside bids, but the retailer’s advisers will now work with lenders to negotiate a debt-for-equity swap in the next 10 days. from The Business of Fashion https://ift.tt/3gJefEL

This week, everyone will be talking about the future of TikTok, J.Crew's emergence from bankruptcy and a jump in Covid-19 cases in France. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/32Ey37q

Major fashion magazines are split between sociopolitically themed and traditional celebrity-focused covers. There is a business case for both. from The Business of Fashion https://ift.tt/2De0Qa1

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Saint Laurent, Coach and The RealReal. from The Business of Fashion https://ift.tt/2EwtT9F

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/3jrNO8m

This week, everyone will be talking about the future of TikTok, J.Crew's emergence from bankruptcy and a jump in Covid-19 cases in France. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/34M1jvF

Shares dropped as much as 17 percent in afternoon trading in London after the Guardian cited auditors’ findings that more than a dozen UK suppliers may be paying substandard wages. from The Business of Fashion https://ift.tt/2G7SUs4

Electric vehicles are a major piece of Amazon’s bid to become a net-zero carbon emitter by 2040, an ambitious goal for a company that historically had lagged behind its retail and technology peers on the environment. from The Business of Fashion https://ift.tt/31BVkaJ

Many businesses report a continuous influx of offers from prospective stockists following on from Black Lives Matter protests in late May and early June. from The Business of Fashion https://ift.tt/3jnwL7j

Industry insiders, from buyers to editors, are weighing whether or not it makes sense to attend live events this fall. But the real question is, should they ever bother returning? from The Business of Fashion https://ift.tt/2Qw50wT

The deceleration in spending — which accounts for about two-thirds of the national economy — marks a tempering in the economic recovery following two months of stronger gains. from The Business of Fashion https://ift.tt/3gKW8OZ

Early on in the pandemic, consumers stocked up on fancy face masks, relaxation lotions and luxury vibrators. What are they buying now? from The Business of Fashion https://ift.tt/31BjceB

Chanel, Louis Vuitton, Hermès and others say they'll stage live runway shows this autumn. But France’s sharp uptick in coronavirus cases could jeopardise organisers’ vision for a fashion week that mixes live-streaming and in-person events. from The Business of Fashion https://ift.tt/3b7CsDI

Analysts had forecast a 20.97 percent fall in comparable sales, but the company reported a 13 percent rise. from The Business of Fashion https://ift.tt/3b3sy5P

The retailer is seeking a temporary restraining order and compensation for alleged damages caused by the firm after Marble Ridge’s money manager Dan Kamensky was accused of trying to manipulate the bidding process in its bankruptcy case. from The Business of Fashion https://ift.tt/34zO1lM

Even as other luxury brands hesitate to predict business trends amid the uncertainties of the pandemic, Cucinelli is sticking with its 10-year growth projections for 2019-2028, with sales seen doubling in the period. from The Business of Fashion https://ift.tt/34FAPM0

The world’s biggest retailer is selling footwear website Shoes.com to private-equity firm CriticalPoint Capital, while lingerie brand Bare Necessities will be acquired by Delta Galil Industries Ltd. from The Business of Fashion https://ift.tt/2Qv3sn1

BoF's editor-at-large travels back to Karl Lagerfeld’s Shakespearean Fairyland, when he transformed the Grand Palais into a forest right out of 'A Midsummer Night's Dream.' from The Business of Fashion https://ift.tt/3hzbEyB

This week, Kelley Carter was named home fashion director of the American department store chain, while Simon Holloway exited Agnona after five years at the brand. from The Business of Fashion https://ift.tt/32tvqVK

The Italian-Haitian designer and the only Black member of Italy’s Camera della Moda speaks to BoF Editor-in-Chief about racism within the country’s fashion industry. from The Business of Fashion https://ift.tt/3gzaXE5

While consolidation continues in China’s department store sector, the pandemic hasn’t dramatically hastened store closures and bankruptcies the way it has in the US. What’s their secret? from The Business of Fashion https://ift.tt/3lnj4qW

The cosmetic company's net revenue fell to $922.1 million, missing expectations of $1.34 billion. from The Business of Fashion https://ift.tt/34EM5Zc

The luxury jeweller said worldwide sales in August so far were slightly positive from a year earlier, as the rebound in second-quarter sales in China extended into the current quarter. from The Business of Fashion https://ift.tt/2Qwxkzg

The department store owner told its landlord this month that it couldn’t make lease payments due to the effects of the Covid-19 pandemic. from The Business of Fashion https://ift.tt/2YGNvOW

The world's largest startup is grappling with the forced sale of its US operations, possible restrictions in the UK and an outright ban in India. from The Business of Fashion https://ift.tt/2YC5oyk

The celebrated fashion journalist and critic joins Tim Blanks in a conversation about the future of fashion media. from The Business of Fashion https://ift.tt/32y2PyH

Who are fashion shows for? As the industry embarks on the greatest reset in its history, top critics discuss the value of a runway show — and what the platform could look like post-pandemic. from The Business of Fashion https://ift.tt/2Qu8DDI

The fashion industry is confronting a fourth quarter that will be like no other as the ongoing pandemic keeps shoppers at home and the economy in flux. What can retailers do? from The Business of Fashion https://ift.tt/3jia9oH

Once promotional broadcasts, SMS strategies now offer a direct, intimate channel to engage consumers. To discover how brands are pioneering a new method of communication through text message, driving engagement and sales, BoF speaks to Attentive's CEO and Co-Founder Brian Long. from The Business of Fashion https://ift.tt/2QrwKTk

The key retail metric of same-store sales surged 21 percent — more than double the estimate of analysts compiled by Consensus Metrix. from The Business of Fashion https://ift.tt/2QpBSHR

The owner of Saks Fifth Avenue dropped plans to raise up to $900 million in debt after prospective investors requested a higher interest rate than the company was willing to pay, sources said. from The Business of Fashion https://ift.tt/31y9p9c

The deal could be priced by mid-September and is likely to raise around £1 billion through the sale of new and existing shares, according to sources familiar with the matter. from The Business of Fashion https://ift.tt/31xNSgS

Johann Rupert said the pandemic hit the watch and jewellery maker's cash flow, making it necessary to halve its dividend to 1 Swiss franc per share. from The Business of Fashion https://ift.tt/2D1nfHF

The UK retailer seeks turnover-based leases at 402 stores to cut costs and ensure its survival. from The Business of Fashion https://ift.tt/2YC9W86

From once-a-year events to private access, retail experts and consumer psychologists share the best discounting strategies for getting customers to shop sales. from The Business of Fashion https://ift.tt/2EzTQoo

Dôen is in the rare position of having built a profitable business actually selling clothes. But the pandemic upended its production capabilities and ambitious goals for the year. BoF finds out what that means for the community-driven label. from The Business of Fashion https://ift.tt/3lfar1H

To do so, it’ll swap more than $1.6 billion of old secured debt for ownership in the company. from The Business of Fashion https://ift.tt/2QrtdEN

The Seattle-based company's online sales also fell 5 percent in the quarter ending on Aug. 1. from The Business of Fashion https://ift.tt/2EEf18z

Watch Warby Parker’s Neil Blumenthal, leading retail analysts Sucharita Kodali and Sarah Willersdorf, and BoF's Lauren Sherman and Cathaleen Chen discuss how brands and retailers should redefine the importance of brick-and-mortar stores. from The Business of Fashion https://ift.tt/3lhhZ3T

The full-service fashion communications firm and entertainment agency will retain their own businesses while pooling resources to pursue new projects together. from The Business of Fashion https://ift.tt/2FL3zIT

From solo entrepreneurs to global giants, plenty of brands are still betting big on physical retail, despite the ongoing pandemic. What's the argument for such an unexpected strategy? from The Business of Fashion https://ift.tt/3jhoD8B

Organisers are planning for shows and presentations in front of live audiences despite the pandemic. But with international travel restricted and some major designers absent from the schedule, will anyone be watching? from The Business of Fashion https://ift.tt/3aY91nh

The economic fallout from the coronavirus has devalued some real estate while also creating new targets for these cash-loaded investors. from The Business of Fashion https://ift.tt/34w1WJw

The French luxury goods giant and US jewellery chain will give themselves another three months to complete their $16.2 billion tie-up. from The Business of Fashion https://ift.tt/3aUJhbw

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Alaïa, Ralph Lauren and Amiri. from The Business of Fashion https://ift.tt/2Yw9Kat

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/3gtE9Mt

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/3b3jCxz

Many have already closed, or will shut down in the coming months. But for those that make it through the industry’s implosion, they’ll need to find a better, more viable way of doing business. Some thoughts on moving forward. from The Business of Fashion https://ift.tt/2QhoIfJ

This week, everyone will be talking about the first Swiss watch fair since the pandemic, a slew of American retail earnings and China's Qixi festival. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2YrtqfH

The group of lawyers claim Trump’s 'vaguely worded' executive order violates WeChat users’ free speech and due process rights. from The Business of Fashion https://ift.tt/2YqxZGX

The legal challenge would not shield TikTok owner ByteDance from having to divest the app, but shows its willingness to prevent TikTok deal negotiations from turning into a fire sale. from The Business of Fashion https://ift.tt/3j5XK7j

Logistics boss Dave Clark will replace Jeff Wilke, who, prior to announcing his surprise retirement, was widely considered a potential successor to founder Jeff Bezos. from The Business of Fashion https://ift.tt/3hoqnfx

This marks the second executive shuffle in the last year to elevate women at the company, following criticism of its largely white, male upper ranks. from The Business of Fashion https://ift.tt/3gmFSU3

As the industry braces for an uncertain autumn and government support winds down for the unemployed, companies should make efforts to listen to and protect their store associates. from The Business of Fashion https://ift.tt/3hknxbk

Lipstick — and makeup broadly — is falling out of favour as consumers wear masks and don’t leave the house as much. from The Business of Fashion https://ift.tt/3aOQ2vA

The Chinese start-up's revenue surged about 67 percent to $1.76 billion in the second quarter. from The Business of Fashion https://ift.tt/32glu1A

The industry relies on a steady stream of launches to keep consumers interested. Pandemic-related shortages of key ingredients and delays in clinical testing have made it harder for them to deliver. from The Business of Fashion https://ift.tt/3hiBE0Z

With everyone working from home, brands and retailers have seen sales for blue light-blocking 'screen readers' surge. Has the pandemic helped the category find its feet? from The Business of Fashion https://ift.tt/3hj0nSD

BoF's editor-at-large travels back in time to the Italian designer's standing ovation-worthy Paris debut, which took place at the peak of his influence. from The Business of Fashion https://ift.tt/3iTH4Qi

The bankrupt owner of the Ann Taylor and Lane Bryant asked for a deferral in July, but a group of landlords argue it isn't reasonable because most of the company’s stores are operating despite the pandemic. from The Business of Fashion https://ift.tt/34lWSY2

This week, Macy’s veteran Jennifer Johnson is promoted to director of ready-to-wear, while Vanity Fair appoints Nicole Chapoteau to fashion director. from The Business of Fashion https://ift.tt/2ElsHVY

The group argues a liquidation would generate more than $8.4 billion, enough to pay off all creditors with some left over for shareholders. from The Business of Fashion https://ift.tt/2FCD601

The German e-tailer's former art director accused the company of failing to respond to complaints in 2018 about employees who resisted booking Black models. from The Business of Fashion https://ift.tt/34k6BhM

BoF sits down with Kornit’s Chief Marketing Officer Omer Kulka to hear more about how the digital printing technology can further brands’ manufacturing goals while keeping up with consumer demands today by incorporating on-demand production into their business model. from The Business of Fashion https://ift.tt/34htke9

Elie Saab Jr, chief executive of Elie Saab Group, and Lebanese designers Roni Helou and Amine Jreissati speak about the urgent need for global solidarity in the face of crisis. from The Business of Fashion https://ift.tt/3hiO5tB

BoF's editor-at-large talks to the acclaimed British menswear designer about his latest collection and the challenges of finding creative inspiration in times of crisis. from The Business of Fashion https://ift.tt/3aJhdI2

Speaking in conversation with Imran Amed, the Italian-Haitian designer and only Black member of Italy's influential Camera della Moda discusses the ongoing issue of racism in the Italian fashion industry. from The Business of Fashion https://ift.tt/31e8TNd

China was driving the global jewellery market long before the pandemic. Now the clock is ticking for smaller players who want a piece of the pie before the big brands take an even larger share. from The Business of Fashion https://ift.tt/3hlmJDm

The cosmetics maker said quarterly sales will fall by up to 13 percent and plans to close 15 percent of its free-standing stores. from The Business of Fashion https://ift.tt/3l3LING

The secondhand fashion e-tailer could raise between $200 million and $300 million, people familiar with the matter said. from The Business of Fashion https://ift.tt/3j0Ke4G

RaiseFashion, a not-for-profit group led by retail and fashion leaders, will offer free consulting for Black-owned brands and industry professionals seeking advice on everything from supply chain to marketing. from The Business of Fashion https://ift.tt/3iXFihb

More independent designers are bringing pre-orders directly to their customers — online and outside of the traditional seasonal delivery schedule. BoF explores the pros and cons of the strategy, and how to talk to customers about waiting in a fast-fashion world. from The Business of Fashion https://ift.tt/2Q8BjSr

Catch up on the first masterclass in BoF's new five-part online learning series for an outline of the core principles required to build a more responsible brand. from The Business of Fashion https://ift.tt/326hy3v

The retailer, struggling with its supply chain, reported a second-quarter decline in sales too. from The Business of Fashion https://ift.tt/2QbTXJ2

One of the company’s largest backers is consumer-focused private equity firm L Catterton, which invested in the brand in 2015 from The Business of Fashion https://ift.tt/2Fym57e

The growth was fuelled by its Bath & Body Works brand. from The Business of Fashion https://ift.tt/3l11zwo

The American retailer's comparable sales rose 24 percent in the second quarter. from The Business of Fashion https://ift.tt/2YdMfCE

BoF sits down with PVH’s senior VP of corporate responsibility to hear about the conception and implementation of their strategies and commitments as well as its goals for the future. from The Business of Fashion https://ift.tt/2EfwZy7

E-commerce demand surged 16.2 percent in July compared with a year earlier. from The Business of Fashion https://ift.tt/322OAS8

Even with Covid-19 keeping many students at home, there’s still room for fashion brands to take advantage of the key shopping season. from The Business of Fashion https://ift.tt/3kY1n0P

The explosion badly damaged the designer's main office and headquarters, and devastated his home. from The Business of Fashion https://ift.tt/3g8OddJ

The Fear of God designer talks American luxury and why feeling like an outsider is a strength. from The Business of Fashion https://ift.tt/325vIls

The British retailer's latest round of redundancies will impact its central support centre, regional management and UK stores. from The Business of Fashion https://ift.tt/3iViHBF

The world looks vastly different today as it did five months ago. Here’s what the fashion industry can do to remain relevant to consumers. from The Business of Fashion https://ift.tt/2EfOpKR

The Chinese e-tailer's net product revenue, which includes online retail sales, rose 33.5 percent to $25.67 billion. from The Business of Fashion https://ift.tt/3iM0Z3E

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from The Business of Fashion https://ift.tt/342qf1w

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Bottega Veneta, Tory Burch and Gap. from The Business of Fashion https://ift.tt/2DZBZaq

The department store has teamed up with online fashion rental platform Hurr to seek out younger shoppers. from The Business of Fashion https://ift.tt/2Y9utAD

Having collaborated with the likes of Rihanna and Alexandre Vauthier after training in the famed Riviera del Brenta district, Amina Muaddi offers her advice on starting out as a shoe designer. from The Business of Fashion https://ift.tt/3iOxM88

Instagram’s answer to TikTok, Reels, has left brand marketers questioning which platform is best for them. But they don’t necessarily have to choose. from The Business of Fashion https://ift.tt/3iQUDjF

For fashion entrepreneurs just starting out with little or no safety net, success will depend on the ability to creatively solve problems and the strength to block out the noise and focus on their customers. from The Business of Fashion https://ift.tt/3484vkW

This week everyone will be talking about the uncertain future of New York Fashion Week, quarterly results amid an ongoing shakeup at Victoria's Secret owner L Brands and the status of LVMH's Tiffany takeover. Get your BoF Professional Cheat Sheet. from The Business of Fashion https://ift.tt/2Y8BMbE

The struggling department store chain said it would cut a further 2,500 jobs, while taking 'all necessary steps' to give the business every chance of a viable future. from The Business of Fashion https://ift.tt/340Si19

After the cancellation of this season’s traditional men’s fashion week in Paris, Virgil Abloh’s recent Louis Vuitton outing in Shanghai offered a savvy template for how to stage a fashion show in a world reshaped by globalisation, the internet and coronavirus. What does it mean for fashion week? from The Business of Fashion https://ift.tt/3iFs08P

Skincare targeted at banishing breakouts is getting a new lease of life, with a wave of upstarts taking aim at the giants in this $2.8 billion market. from The Business of Fashion https://ift.tt/3aon1qd

The Buy Safe America Coalition aims to back legislation that would require digital marketplaces to verify information about third-party merchants. from The Business of Fashion https://ift.tt/340aNTm

BoF’s Editor-at-Large travels back in time to the designer’s Edie Sedgwick-inflected Spring 2013 show which reimagined proper little misses from the early 60s in a parade of bizarre propriety. from The Business of Fashion https://ift.tt/2FiYUh3

The fashion marketplace sold record levels of merchandise and cut down on its losses as lockdown luxury customers pivoted online. from The Business of Fashion https://ift.tt/3fTUl9F

BoF sits down with Quintessentially’s Group Chief Executive Annastasia Seebohm to hear how luxury expenditure has evolved, and to discover how brands should innovate their consumer engagement strategies to gain competitive advantage in our new reality. from The Business of Fashion https://ift.tt/2Y1ELmh

The model and activist speaks with BoF Founder and Editor-in-Chief Imran Amed about the lessons she learnt while writing her new book Who Cares Wins. from The Business of Fashion https://ift.tt/3iGiAds

The Coach owner's net sales fell to $714.8 million, beating analyst forecasts of $663.4 million. from The Business of Fashion https://ift.tt/3fTJNr1

Hit programmes are a powerful way for brands to appeal to China’s 900 million internet users, but the mass marketing approach won’t pay off for everyone. Which brands are in position to benefit most? from The Business of Fashion https://ift.tt/2CoaXZz

This week, the Council of Fashion Designers of America promoted CaSandra Diggs to president of its organisation, while PVH Corp named Julie Fuller chief human resources officer. from The Business of Fashion https://ift.tt/3gRVxMc

What does it take to actually increase diversity and deepen inclusivity in fashion? In this special BoFLIVE masterclass, diversity and inclusion expert Dr Derrick Gay outlines best practices and pitfalls in fostering a more equitable industry. from The Business of Fashion https://ift.tt/31Ic6Uo

Everyone knows that loungewear is having a moment. BoF breaks down three other booming, fashion-adjacent categories — and how the industry is moving to capture some of the spend. from The Business of Fashion https://ift.tt/3gSI6LH

Grounding a creative and strategic education in Made in Italy craftsmanship, the course will focus on design, innovation and sustainability. from The Business of Fashion https://ift.tt/2XUvooz

In the age of e-commerce, defining the role of the store is as daunting as ever. But a brick-and-mortar experience is vital to brand building. A store is still the most important touchpoint between consumer and product, and the right interaction could create a lifetime of loyalty. From Warby Parker’s digital-to-physical evolution to Neiman Marcus Group’s investments in customer service, BoF examines the importance of the store — and how it complements the online experience. from The Business of Fashion https://ift.tt/2PNAdeO

In the age of e-commerce, defining the role of the store is as daunting as ever, but it is still the most important touchpoint between consumer and product. BoF examines the importance of the store — and how it complements the online experience. from The Business of Fashion https://ift.tt/31ITQtX

The runway designer, who uses his expertise in lighting to construct raw and immersive shows, speaks to Tim Blanks about his reflections on the state of fashion at a time of crisis. from The Business of Fashion https://ift.tt/2DWcfvi

The British online fashion retailer forecast a pretax profit in the region of $170-$196 million for its 2019-20 year. from The Business of Fashion https://ift.tt/30QSWwu