Fashion World News

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The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Shopify, Iris Van Herpen and Fear of God. from The Business of Fashion https://ift.tt/3bMRP53

At PVH, Using Data to Drive Diversity and Inclusion

Following the release of the apparel company’s 2021 DEI report with the CFDA, PVH’s chief diversity officer shares actionable insights — and how it is leveraging them. from The Business of Fashion https://ift.tt/2NOIwcT

Indian Cotton Boosted by Xinjiang Sanctions

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Savills: Hong Kong Retail Rents to Continue Dropping in 2021

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Fashion Design Council of India and Lakmé Fashion Week Present Joint Schedule

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City of London Wants Retail Expansion Despite Pandemic Slump

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Walter Chiapponi’s Tod’s Challenge

The designer tasked with reenergising the Italian leather house said lockdown had a liberating effect on him. Can he take it further? from The Business of Fashion https://ift.tt/3rfthYM

Walter Chappioni’s Tod’s Challenge

The designer tasked with reenergising the Italian leather house said lockdown had a liberating effect on him. Can he take it further? from The Business of Fashion https://ift.tt/3aZ2HOa

Fashion Could Really Use Some Red Carpet Magic Right Now

This week, everyone will be talking about the virtual Golden Globes, Paris Fashion Week and Kohl’s fight with activist investors. from The Business of Fashion https://ift.tt/37XKQ8q

Citigroup Restates Earnings After Writing Down Revlon Loan

- February 27, 2021

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London’s West End Turns Dead End as Shoppers Leave Oxford Street

- February 27, 2021

A flood of store closures is being aggravated by lockdown restrictions that are decimating foot traffic and driving more shoppers online. from The Business of Fashion https://ift.tt/3dRyzpR

Leases on 1.5 Billion Square Feet of Retail Space to Expire in 2021

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Three Designers In Search of Digital Beauty

This week on The BoF Podcast, editor-in-chief Imran Amed speaks with Saul Nash, Stephen Jones and Roksanda Ilinčić about how to tell compelling fashion stories amid the pandemic. from The Business of Fashion https://ift.tt/2ZVjdZe

Foot Locker Tumbles After Surprise Drop in Same-Store Sales

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US Consumer Spending Rebounds in January

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Stephanie Davis Michelman Appointed to Board of Directors at M.M.LaFleur

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Arian Romanovsky Named Editor-in-Chief of Tatler Russia

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Condé Nast Can Learn From Netflix

In a global world in which local tastes still matter, the publisher of Vogue should be careful not to dictate too much of its content strategy from New York and London. from The Business of Fashion https://ift.tt/3qWZ00Q

Power Moves | Margaret Zhang Is Vogue China’s New Editor in Chief, The Kooples Appoints Marie Schott CEO

This week, Margaret Zhang succeeds Angelica Cheung at the helm of the Condé Nast China, while The Kooples names new CEO. from The Business of Fashion https://ift.tt/37PVoGi

Buy Black Trend Sees Staying Power With Corporate America Buy-In

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Modernising the Black Hair Care Market

A new wave of start-ups shaking up the textured hair care space are catching the attention of major retailers and investors, grabbing more shelf space and venture capital. from The Business of Fashion https://ift.tt/2ZUQsfg

A Livestreaming App Wants to Be a Drama-Free Hub for Beauty

Backed by Sequoia and founded by two former Twitch staffers, Newness aims to foster beauty content, conversation and community. from The Business of Fashion https://ift.tt/3dSHZBh

Birkenstock Gets Reported €4 Billion Valuation in L Catterton Deal

The LVMH-backed private equity firm has taken a majority stake in the German footwear company. Financière Agache, the family office of LVMH Chairman Bernard Arnault, will also invest. from The Business of Fashion https://ift.tt/3sz4Kyr

Palacio de Hierro Reports 136% Boost to Online Sales

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Vipshop Revenue Up 9.5% in 2020

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Lotte Shopping’s E-Commerce Head Steps Down Amid Digitisation Struggle

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Toshiyuki Hosoya Appointed President, CEO of Isetan Mitsukoshi Holdings

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Chinese Fashion Giant JNBY Sees Revenue Climb 8.4%

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Lagardère Travel Retail Reports 60% Drop In Global Revenues, but China Outperforms

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Japan’s Factory Output Rises for First Time in 3 Months, Retail Sales Drop

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Sports Retailer Fanatics Enters China via Venture With Hillhouse Capital

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Mercedes-Benz Fashion Week Russia Broadens Horizons

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The New Wave of Black-Owned Marketplaces

In the wake of last year’s civil rights protests, online stores, including Black Fashion Fair and Black Owned Everything, have sprung up to shine a spotlight on Black-owned fashion and beauty brands. from The Business of Fashion https://ift.tt/3aUS2UL

Duelling Visions for Online Luxury in Mytheresa and Farfetch’s Latest Results

Success online during this past year was hard-won, but questions remain about which players will be best positioned for the post-pandemic world. from The Business of Fashion https://ift.tt/2NwOBuz

The $61 Million Bet on Wood Fibre Clothing

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ByteDance To Pay $92 Million to US TikTok Users

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Outdoor Voices Names Gabrielle Conforti CEO

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Sephora Will Open Another 60 Stores in the US

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Rethinking Rental in a Crisis

Rent the Runway chief executive Jennifer Hyman told BoF VOICES her strategy to make the rental model work post-pandemic. from The Business of Fashion https://ift.tt/2Mo6J9a

Mytheresa Net Sales Grew 33 Percent During Holiday Season

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London High Rises Are Investors’ Fix for Ghostly Shopping Malls

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Chinese Luxury Shoppers Are Staying Home Again This Year. How Can Brands Capture This Demand?

Seizing domestic travel spend will be key but brands must also improve their clienteling, create exciting events to make local retail more attractive and ignite demand in lower-tier cities. from The Business of Fashion https://ift.tt/2ZQrygA

Chinese Luxury Mall Giant to Expand Into Inner Mongolia

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Asia Anticipates Slow Recovery to International Travel Flows

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Bottega Veneta Wipes Content From Chinese Social Media Platform Weibo

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Deepika Padukone Named Levi’s Global Brand Ambassador

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Chinese Conglomerate Suning Says Shareholders Will Sell Stake in Retailer

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African Online Retailer Jumia’s Losses Narrow After Cost Cuts

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London West End Landlord Sees Signs of Life After Grim Year

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UK’s Primark Expects Strong Trading When Stores Reopen

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Aditya Birla Fashion Invests $9.25 Million in Tarun Tahiliani

from The Business of Fashion https://ift.tt/3pTYUWo

How to Leverage Myntra to Expand in India

Partnering with the e-commerce giant is an increasingly popular way to tap the India opportunity but it comes with downsides like deep discounting. from The Business of Fashion https://ift.tt/2ZNKEEb

How Covid-19 is Changing Asia’s Plastic Surgery Scene

The pandemic has boosted demand for medical aesthetic procedures and reshored local demand. Who’s reaping the rewards? from The Business of Fashion https://ift.tt/3uv6Tgh

Australian Fashion Summit Goes Online

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Is Net-a-Porter’s Unconventional Prada Deal the Future of Wholesale?

The Richemont-owned e-tailer has struck a novel partnership with Prada, reflecting how the relationship between multi-brand retailers and luxury houses is shifting. from The Business of Fashion https://ift.tt/3dKAP28

Harper’s Bazaar Wants to Make Fashion Magazines Cool Again

Editor-in-chief Samira Nasr lays out her vision for Harper’s Bazaar: more serious, more inclusive — but still obsessed with those new Hermès clogs. from The Business of Fashion https://ift.tt/37Hfi6j

Margaret Zhang Is Vogue China’s New Editor in Chief

The Chinese Australian blogger turned content creator and consultant will succeed Angelica Cheung at the helm of the Condé Nast fashion title. from The Business of Fashion https://ift.tt/3dPUKNb

L Brands Reports Higher-Than-Expected In-Store Sales and Earnings

from The Business of Fashion https://ift.tt/3dHURdx

Why Estée Lauder Is Shutting Down Becca Cosmetics

The 2016 acquisition was already challenged before the pandemic, and the beauty conglomerate is making cuts as it looks ahead at a post-pandemic recovery. from The Business of Fashion https://ift.tt/3bwXImO

Gap Will Open New $140 Million Distribution Centre

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Kim Jones Is Mapping Fendi’s Future by Embracing Its Past

The brand’s new creative director speaks to Tim Blanks about balancing fashion, family and fur. from The Business of Fashion https://ift.tt/2ZPWP3c

How to Sell Skin Care at Every Price

Changing consumer priorities have meant that authentic recommendations and transparency around products is paramount from The Business of Fashion https://ift.tt/3slOvVe

RaiseFashion Partners With Anti Racism Fund on Internship Initiative Aimed at Black Students

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Kith Opens First Paris Store

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T.J. Maxx Owner Misses Estimates, Lockdowns Cut Sales by $1 Billion

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#BoFLIVE: The Future of Buying

Exclusively for BoF Professionals, a host of experts delve into the role of buyers in a retail landscape reshaped by the pandemic, and the uncertain career paths for fashion buyers as programmes at retailers like Bloomingdale’s become radically altered. from The Business of Fashion https://ift.tt/3kiZITw

#BoFLIVE: Tim’s Take With Sterling Ruby

The artist and designer joins BoF editor-at-large Tim Blanks in a conversation about his foray into haute couture, his artistic process, and how he stayed creative during a pandemic. from The Business of Fashion https://ift.tt/3dJ1M6i

London’s Creativity Lights Up Dark Times

Five days of London’s virtual fashion week proved that hard times really can bring out the best in the city’s sharpest designers, writes Tim Blanks. from The Business of Fashion https://ift.tt/3dJadhQ

Macerich Taps PJT Partners To Help Wrangle Debt

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Klarna Said to Raise Up to $1 Billion at $31 Billion Valuation

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Puma Forecasts Sales Rebound By Summer

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Shibuya109 Promotes Ayumi Ishikawa to President

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Credit Suisse Predicts Farfetch Users to Grow Tenfold Following Alibaba, Richemont Deal

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Inditex Works to Boost India’s Organic Cotton Industry

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Korean Consumer Spending to Mount Comeback in 2021

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Europe is Alibaba’s Next Target for Livestreaming Growth

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Gucci Extends Lease at Trump Tower in NYC

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Why Estée Lauder Is Finally Acquiring Deciem

The American prestige beauty giant’s purchase of the company, best known for $6 serums, is a sign of the increasing blur between drugstore and luxury. from The Business of Fashion https://ift.tt/3bvV5BL

Self Editor Carolyn Kylstra Heads to Google

from The Business of Fashion https://ift.tt/3aMZ9yj

Young Chinese Are Criticising Consumerism. What Does This Mean for Fashion?

There’s a small but growing movement against heavy spending in the world’s largest fashion market as more young people feel disillusioned with materialism. from The Business of Fashion https://ift.tt/3kjrhMs

High Stakes at Milan Fashion Week

From Prada to Valentino, Italian brands need the right creative thrust to rebound from the pandemic. Here’s what to watch for at this week’s Milan shows. from The Business of Fashion https://ift.tt/3khDHo9

Moncler Acquires the Remaining 30% of Stone Island

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Lawmakers Again Push for Greater Corporate Diversity Disclosures

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Dover Street to Open ‘Little Market’ in Paris

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Vogue Names Juan Costa Paz as Global Creative Director

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How Virgil Abloh Is Lifting Up Fashion’s Next Generation of Creatives

The designer speaks with BoF editor-at-large Tim Blanks about his latest collection, making change and the importance of elevating the next generation of fashion creatives. from The Business of Fashion https://ift.tt/3pIhEbz

Priya Ahluwalia Wins Queen Elizabeth II Award for British Design

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The Kooples Appoints Marie Schott CEO

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Valentino, Nike, Adidas Among Brands Speaking Out Against Anti-Asian Violence

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South African Mall Sector Hit by Pandemic

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Deciem Valued at $2.2 Billion as Estée Lauder Ups Stake, Plans Acquisition

The beauty conglomerate is increasing its stake in The Ordinary’s parent company to 76 percent, with plans to purchase the rest of the company in three years. from The Business of Fashion https://ift.tt/3pMu8yA

Macy’s Holiday Same-Store Sales Fall on Pandemic Hit

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Paraguay to Invest in Textile Manufacturing Sector

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Burak Cakmak to Lead Saudi Arabia’s Fashion Commission

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Myanmar Apparel Exports Drop Due to Covid-19, Likely to Decline Further Following Coup

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H&M Collaborates with Chinese Designer Label Pronounce

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Vietnam’s Garment Exports Up 3.3% in January

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Frasers Group to Book $140 Million Lockdown Impairment Charge

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Fashion Goes Green to Raise Capital

The likes of Chanel, Adidas and H&M are landing funds based on potential environmental, social and governance impact, relying on sustainability targets to secure both public and investor goodwill. from The Business of Fashion https://ift.tt/3kgbApj

Pakistan Textile Exports Up More Than 8%

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Oprah Winfrey and Hearst to Launch New Brand

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Ralph Lauren Sees Revenue Below Estimates as Lockdowns Bite

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Sales at Us Department Stores Are up Overall, but Apparel Remains Down

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Allbirds Names Glossier, e.l.f. Execs to Board

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CFDA Announces New Initiative to Nurture Black and Brown Talent

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LVMH Buys 50% of Jay-Z’s Champagne Brand Armand de Brignac

from The Business of Fashion https://ift.tt/3pC1NLy

Kenyan Designers Debut at London Fashion Week Virtual Premiere

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Adidas Says To Resume Dividend Payments To Shareholders

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LVMH-Backed PE Firm L Catterton Launches $250 Million SPAC

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UK Trading Platforms Push To Open IPOs To Retail Investors

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Swarovski Rolls Out a Rebrand and Store Redesign

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Japan’s Look Holdings Posts 15% Revenue Decline as Domestic Demand Wanes

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Indian Fashion and Beauty Giants See E-Commerce Soar in 2020

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Shanghai Fashion Week Announces New Dates

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Report: Kohl’s Faces Activist Group Seeking Control of Board

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The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Burberry, Zalando and Coach. from The Business of Fashion https://ift.tt/3uomAFO

Announcing Crabtree & Evelyn and Nadine Merabi

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/3qUnVSA

Burberry Wins Injunction Against Chinese Copycat

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Careers Counsel | Should You Leave Your Job Without Another Lined Up?

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/3qGnnQs

Remaking Roberto Cavalli

The Italian house has suffered a tumultuous few years. Can new creative and business leadership finally turn its fortunes around? from The Business of Fashion https://ift.tt/3brnfxB

Is Insider Support Still Important to Outsider Designers?

For independent brands operating outside America’s traditional fashion system, the upheaval of the past year has come with newfound support from traditional gatekeepers. But in a fast-changing fashion market, is this really the path to success? from The Business of Fashion https://ift.tt/3pIH3Sa

Harper’s Bazaar and Esquire Launching Saudi Arabia Editions

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Asian Fashion Insiders Lead #StopAsianHate Discussion on Clubhouse

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One Uniqlo Share for $1,000 Sparks Concern Over Nikkei Dominance

from The Business of Fashion https://ift.tt/3ueyJgJ

Tiffany Vacancy Looms for Trump in Weak Manhattan Market

from The Business of Fashion https://ift.tt/3k9E1Fo

Can Allbirds Live Up to Its $1 Billion Valuation?

from The Business of Fashion https://ift.tt/3k8d6dj

Kering Brands Are Again Sitting Out Fashion Week. Is That the Right Move?

This week, everyone will be talking about who is, and isn’t, showing at Milan Fashion Week, plus financial results from some of the biggest new and old retail names. from The Business of Fashion https://ift.tt/2P0LbAv

Kim Kardashian Files For Divorce From Kanye West

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Macy’s Considers New Debt Sale to Aid Post-Pandemic Recovery

from The Business of Fashion https://ift.tt/3dtOlqx

Topshop Owner Arcadia Owed $1.1 Billion to Creditors

from The Business of Fashion https://ift.tt/3aAsewG

Valentino Sued for $207 Million After Shutting Manhattan Boutique Over the Pandemic

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The 2021 CFDA/Vogue Fashion Fund Will Benefit 10 Designers

from The Business of Fashion https://ift.tt/3snjC2T

The Future of New York Fashion Week

This week on The BoF Podcast, designer Jason Wu and BoF’s senior correspondent Chantal Fernandez examine the evolving purpose of runway shows and what New York Fashion Week might look like after the pandemic. from The Business of Fashion https://ift.tt/2OUErnK

From West to East: Recentering the Fashion World

This week, Uniqlo’s Japanese owner Fast Retailing became the world’s most valuable fashion company, a reflection of just how much the pandemic is recentering the global fashion sector from the United States and Europe to Asia. from The Business of Fashion https://ift.tt/3pAgFtY

Grazia USA Releases First Digital Covers Under New Team

from The Business of Fashion https://ift.tt/3duXTSq

Michael Kors to Launch 40th Anniversary Collection Digitally in April

from The Business of Fashion https://ift.tt/3s3CbZq

K-Beauty’s Golden Age Is Ending. What Comes Next?

Their 10-step routines, snail serums and sheet masks took the world by storm 10 years ago. Now, Korean beauty brands are facing a fiercely competitive market and need to think outside the box. from The Business of Fashion https://ift.tt/2ZCo5lz

Fashion Exports from Uruguay Fall in January

from The Business of Fashion https://ift.tt/2ZwH9Ss

Turkish Fashion Exports Surpass Last Year’s Sales

from The Business of Fashion https://ift.tt/2NcZDVH

UK Retail Sales Plunge More Than Expected in January Lockdown

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Marco Tomasetta Named Creative Director of Montblanc

from The Business of Fashion https://ift.tt/3auYDF4

Hermès Sales Accelerate at Year-End, Rising 16 Percent

The French luxury company bounced back faster than expected last year after shutting down production of its famed Birkin and Kelly bags for more than a month. from The Business of Fashion https://ift.tt/3udk6u0

Flipkart CEO Targets Fashion for Growth

from The Business of Fashion https://ift.tt/3driyXf

Why Brands Are Putting Celebrities in the C-Suite

No longer content to just be the ‘face’ of a brand, A-listers like Jennifer Aniston and Tracee Ellis Ross are striking deals that come with titles and higher stakes on both sides. from The Business of Fashion https://ift.tt/3k5NRbE

London Designers Face ‘Most Challenging’ Season Yet

As London Fashion Week kicks off, the UK’s chaotic exit from the European Union and painful policy shifts on retail are adding to the challenges created by the pandemic. from The Business of Fashion https://ift.tt/3dsYX9c

How By Far’s Listening Culture Is Driving Growth

Championing a people-driven approach, the luxury accessories brand successfully doubled its employee base in 2020 while boasting a 93 percent satisfaction rate. from The Business of Fashion https://ift.tt/3k6INUb

Spotlight on Moroccan Garment Industry Following Death of 28 Sweatshop Workers

from The Business of Fashion https://ift.tt/3k4EmJq

Hainan’s Duty Free Shopping Boom Continued Over China’s Spring Festival Holiday

from The Business of Fashion https://ift.tt/3s52dM2

Power Moves | Haider Ackermann and Maison Ullens Ink Creative Partnership, i-D Makes Masthead Additions

This week, Haider Ackerman joins Maison Ullens’ creative team, while i-D takes on two new senior fashion editors at large, and one new senior beauty editor at large. from The Business of Fashion https://ift.tt/3k2nwuL

American Dream Mall Bonds Gain More Than 20% as Traffic Picks Up

from The Business of Fashion https://ift.tt/2M17NQ6

Moncler Shows Signs of Recovery

from The Business of Fashion https://ift.tt/3dnnc8M

What Is New York Fashion Week Without Its Billion-Dollar Brands?

The organisers behind the in-flux event have doubled down on selling the city as the place for independent designers. from The Business of Fashion https://ift.tt/37qLnzw

H&M’s ‘Blowout’ ESG Bond Debut Lures $4.6 Billion Orders

from The Business of Fashion https://ift.tt/37qSNm1

Richard Malone, Supriya Lele Among Brands Shortlisted for The BFC/Vogue Designer Fashion Fund

from The Business of Fashion https://ift.tt/3axX8FW

Chinese Brands Can Teach Victoria’s Secret How to Sell Lingerie Today

China’s $61 billion underwear market has been disrupted by digital-first domestic brands signalling subtle feminism and sensuality. International lingerie giants need to catch up. from The Business of Fashion https://ift.tt/2ORnzyb

i-D Announces New Additions To Senior Masthead

from The Business of Fashion https://ift.tt/37s08lp

Valentino Says Sales Fell 27 Percent Last Year, Flagging Signs of Recovery at Year-End

from The Business of Fashion https://ift.tt/3bkKF7Z

Australian E-Commerce Set to Grow More Than 10% Annually Until 2024

from The Business of Fashion https://ift.tt/2NfVznr

India’s Brick and Mortar Retail Set to Bounce Back to Pre-Pandemic Levels

from The Business of Fashion https://ift.tt/3puKxaX

Rihanna Accused of Cultural Appropriation By Indian Social Media Users

from The Business of Fashion https://ift.tt/3shuMpR

Japanese Investors Cautious as Retail, Tourism Continue to Suffer

from The Business of Fashion https://ift.tt/3k0BOwf

#BoFLIVE: Why Data Alone Won’t Save Fashion

Exclusively for BoF Professional members, a host of experts discuss how big data makes the fashion industry work better, but needs to be used in the right way and for the right things. from The Business of Fashion https://ift.tt/3bdkLmE

Citigroup May Get Stuck With Huge Chunk of Distressed Revlon Debt

from The Business of Fashion https://ift.tt/2N9gBnS

Black Fashion Leaders Push Industry to Move Beyond D&I Commitments

Civil rights organisation Color Of Change has partnered with the Black in Fashion Council, IMG and supermodel and activist Joan Smalls to launch #ChangeFashion, a roadmap to tackle racism and discrimination in the industry. from The Business of Fashion https://ift.tt/3k3wGar

What Fashion Can’t Seem to Get Right About the Plus-Size Market

Brands often launch plus-size lines to great fanfare, only to abandon their efforts when sales don’t immediately meet expectations. But some labels have found success with a more-comprehensive approach to the category. from The Business of Fashion https://ift.tt/3u8gKZd

China’s Spring Festival Holiday Spending Higher Than Pre-Pandemic Levels

from The Business of Fashion https://ift.tt/3s4Ic8g

The State of Gucci

After years of blockbuster growth, Gucci is struggling to bounce back from the pandemic. Getting back on track will require the brand to appeal to multiple tribes of consumers. from The Business of Fashion https://ift.tt/3jYg2sG

French Mall Owner Klepierre’s 2020 Rental Income Takes Lockdown blow

from The Business of Fashion https://ift.tt/3avIhfw

10 Retail Archetypes of the Future

It’s increasingly difficult for brands to gain and retain traction in a crowded and competitive market. Retail futurist Doug Stephens unpacked the key to post-pandemic success at BoF VOICES. from The Business of Fashion https://ift.tt/3jVYXjc

YouTube’s Quick-Video Answer To TikTok Coming To US in March

from The Business of Fashion https://ift.tt/2ZssoQB

Amazon Go Rival Bets Pandemic Bolstered Case for Cashierless Shopping

from The Business of Fashion https://ift.tt/3pv8Gy0

US Retail Sales Rebound Strongly in January Amid Additional Stimulus

from The Business of Fashion https://ift.tt/3dnpDIf

Cotton Investors from Uzbekistan to Support Sector in Pakistan

from The Business of Fashion https://ift.tt/2M2RzWS

Shopify Quarterly Revenue Beats, Sees Slower Revenue Growth in 2021

from The Business of Fashion https://ift.tt/3jUSN2X

Chinese E-Commerce to Surpass 50% of Total Retail Sales

from The Business of Fashion https://ift.tt/2ZoHvKP

UAE Retailer Opens Female-Only Store in Saudi Arabia

from The Business of Fashion https://ift.tt/2M2tAai

Google To Invest $75 Million in Coronavirus-Hit Small Businesses

from The Business of Fashion https://ift.tt/37oLAmz

Tiktok Hit With Consumer Law Breaches Complaints Across Europe

from The Business of Fashion https://ift.tt/3bcVo4n

Uniqlo Outpaces Zara as the World’s Most Valuable Apparel Brand

from The Business of Fashion https://ift.tt/37lYrGm

TikTok Owner ByteDance Denies Seeking IPO on NYSE

from The Business of Fashion https://ift.tt/3jXd4EP

Gucci’s Q4 2020 Sales Fall 10 Percent, Missing Analyst Expectations

Kering’s brands were red hot in the years leading up to the coronavirus crisis. Now they’re struggling to bounce back. from The Business of Fashion https://ift.tt/2NgUbB1

Gucci’s Fourth-Quarter Sales Fall 10 Percent, Missing Analyst Expectations

from The Business of Fashion https://ift.tt/2LWlik4

The Start-Ups That Want to Solve Fashion’s Packaging Problem

As the pandemic-driven surge in fashion e-commerce sends more and more cardboard boxes and plastic bags to landfills, a growing number of companies have radical ideas about how to reduce packaging waste. from The Business of Fashion https://ift.tt/2ZnXhFM

Innovating Graduate Shows For a Digital Age

SCAD’s most recent graduates collaborated on a candid, user-generated film, turning the restrictions imposed by the pandemic into a springboard for creativity and digital reach. from The Business of Fashion https://ift.tt/3dxDCM3

How Designer Sindiso Khumalo Made 2020 a Breakout Year

The South African LVMH Prize finalist is among a cohort of up-and-coming designers reimagining the way fashion does business, with a focus on sustainable, values-driven growth. from The Business of Fashion https://ift.tt/3atleSy

The Resale Gold Rush Rolls On

BoF unpacks emerging models of resale services for brands, including Reflaunt, a startup that counts Ganni’s founder among its latest investors, and Vestiaire Collective’s new ‘Brand Approved’ programme. from The Business of Fashion https://ift.tt/2ZuhJ7L

JD.com Plans to Spin Off Shipping Unit in Hong Kong Listing

from The Business of Fashion https://ift.tt/3prO61I

Botox Rival Evolus Stays on US Market After Court Order

from The Business of Fashion https://ift.tt/3pvaHKG

Poshmark Announces Australia Expansion a Month After Its IPO

from The Business of Fashion https://ift.tt/3poZR9a

Why Adidas Is Selling Reebok

The German sportswear giant has more urgent priorities as it navigates out of the pandemic, and Reebok’s rich sneaker archive could be appealing to a range of buyers. from The Business of Fashion https://ift.tt/3b6wTWo

Amazon Acquires Australia-based Shopify Competitor Selz

from The Business of Fashion https://ift.tt/3plpQy8

Victoria’s Secret Brings Swimwear Back

from The Business of Fashion https://ift.tt/3jWDTZK

How Independent Fashion Brands Are Navigating the Crisis

BoF’s Imran Amed discusses transparency, cooperation and disruption with Dries Van Noten, Anya Hindmarch and Stefano Martinetto, leaders of two early pandemic initiatives — The Forum and Rewiring Fashion — to share thinking on the role of independent fashion brands and retailers amidst the biggest crisis in the history of the modern fashion industry. from The Business of Fashion https://ift.tt/3rYZ0NV

How Independent Fashion Brands Are Navigating the Crisis

Haider Ackermann and Maison Ullens Ink Creative Partnership

The designer will serve as creative consultant to the luxury Belgian brand. from The Business of Fashion https://ift.tt/3qlAXbH

Adidas Plans To Divest Reebok Brand

from The Business of Fashion https://ift.tt/2ZnrViE

HSBC’s Serai Platform Aims to Trace Xinjiang-Made Cotton

from The Business of Fashion https://ift.tt/3prWeiF

Tiktok’s US Ad Business Roars Back as Trump’s Threats Recede

from The Business of Fashion https://ift.tt/3ptSTQ6

Phoebe Philo, Lisa from Blackpink Join ANDAM Prize Jury

from The Business of Fashion https://ift.tt/3amCAjU

$9.2 Billion eBay Classified Ads Deal Raises Concerns from UK Competition Watchdog

from The Business of Fashion https://ift.tt/3b5YXsW

Dubai-based E-Commerce Platform Namshi Launches in Qatar

from The Business of Fashion https://ift.tt/3beGtq8

Japanese Manufacturers Resume Business in Wake of Earthquake

from The Business of Fashion https://ift.tt/3qqJ9rc

Indian E-Commerce Sees 36% Growth In Q4 2020

from The Business of Fashion https://ift.tt/3b8Hyjf

Shopee Boasts Highest Annual Visitor Count In Indonesian E-Commerce

from The Business of Fashion https://ift.tt/3dctAQa

The Economic Fallout of Online Fashion Week

The global fashion capitals are missing out on more than $600 million as runway shows go digital, hotels sit empty and nightclubs, restaurants and stores remain shut for the second season in a row. from The Business of Fashion https://ift.tt/3rRITSi

LVMH’s Bernard Arnault forms Special Purpose Acquisition Company with Former UniCredit CEO

from The Business of Fashion https://ift.tt/2ZjuTVp

In Fashion’s Global Supply Chain, a Ruthless Race to the Bottom

A year into the coronavirus crisis, the garment industry and its millions of workers are suffering as they slash prices to stay competitive. from The Business of Fashion https://ift.tt/37ioUV6

What to Do When Retailers Don’t Pay

While small fashion labels have little recourse when it comes to collecting their bills, there are tactics they can use to build leverage — or at least mitigate losses. from The Business of Fashion https://ift.tt/3rVXrAh

Vestiaire Collective Announces Resale Partnership With Alexander McQueen

from The Business of Fashion https://ift.tt/3qsMs1c

Paris Fashion Week To Include First Look at New Chloé; Kering Sits Out

from The Business of Fashion https://ift.tt/37fWScR

Hainan Island Attracts More Luxury Brand Expansion Plans

from The Business of Fashion https://ift.tt/3rUmjsj

Asics Reports 13% Sales Drop for 2020

from The Business of Fashion https://ift.tt/3rWEZaM

Amazon Hits Back at India’s Future Group Over Reliance Industries Deal

from The Business of Fashion https://ift.tt/3pkg1QZ

H&M Plans Foray Into Sustainability-Linked Bond Market

from The Business of Fashion https://ift.tt/3rUEiyL

African Free Trade Bloc Faces Hurdles

from The Business of Fashion https://ift.tt/37fXQ8K

Amorepacific Links Arms with Shopee to Target Southeast Asia

from The Business of Fashion https://ift.tt/2NtrwZj

Covid-19 Continues to Bite UAE Retailers

from The Business of Fashion https://ift.tt/3pqLOQ9

Brexit Causing Supply Problems for Small UK Manufacturers

from The Business of Fashion https://ift.tt/3jR1JX0

Covid’s Puzzling Decline in India Sparks a Shopping Spree

from The Business of Fashion https://ift.tt/2LUdZJO

America’s Designer ‘Darlings’ Go Corporate

Once hellbent on building their own luxury labels, a growing number of the country’s top talents are instead snapping up full-time roles at mass brands. from The Business of Fashion https://ift.tt/3tWZBBz

The CGI Influencer Gets a Promotion

Knitwear label PH5 is debuting a virtual “chief decision scientist” who will be the voice of the brand as it aims to operate more sustainably. from The Business of Fashion https://ift.tt/3dcDIZd

Careers Counsel | 6 Career Coaches Share the Best Advice They Ever Received

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/3rXQ638

Announcing Vanguards and Vivida Lifestyle

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/37eQ0fY

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Kering, Eytys and Réalisation Par. from The Business of Fashion https://ift.tt/3qnCzBR

At Cegid, Dark Stores and Evolving Retail Solutions

Global retail solutions provider shares its strategies to improve the performance of physical stores by incorporating technology. from The Business of Fashion https://ift.tt/2NvYtE8

The Future of Fashion Week Has Finally Arrived

This week, everyone will be talking about another round of digital fashion shows in New York and London, Gucci-parent Kering’s financial results and the ongoing global vaccination campaign. from The Business of Fashion https://ift.tt/3phtLvP

Stylist Zerina Akers Launches E-Commerce Marketplace ‘Black Owned Everything’

from The Business of Fashion https://ift.tt/2NmcrIO

Amazon Sues New York Attorney General Over Covid Protocol

The Seattle-based company seeks a court order that would prevent the New York AG from seeking to regulate Amazon’s actions in response to coronavirus, as well as claims of retaliation by workers who protest working conditions. from The Business of Fashion https://ift.tt/378wXnw

Japanese E-Commerce Giant Rakuten Reports 15.2% Boost in Annual Revenues

from The Business of Fashion https://ift.tt/2Z9Wp7J

Racism and Inequality Are Stitched Into the Garments We Wear

This week, Doug Stephens speaks with Kalkidan Legesse and Robert Hoppenheim about fashion’s moral imperative to take responsibility for the people it impacts. from The Business of Fashion https://ift.tt/3d7i7RZ

Can Big Luxury Build New Fashion Brands?

LVMH’s decision to pull the plug on the Fenty fashion label it launched with Rihanna only two years ago underscored just how elusive start-up success has been for Europe’s big luxury groups. from The Business of Fashion https://ift.tt/3qbXcAK

For Beauty’s Biggest Players, Science Is Back in Style

L’Oréal, Coty and other beauty companies are betting on skin care lines with technical-sounding names and lab-concocted ingredients to help them pull out of a pandemic slump. from The Business of Fashion https://ift.tt/377y6f4

Kuwaiti Property Giant Tamdeen Acquires Fashion and Beauty Publication 3oud

from The Business of Fashion https://ift.tt/3b0rPms

China’s Spring Festival Gala Showcases the Likes of Chanel, Stella McCartney and Sankuanz

from The Business of Fashion https://ift.tt/3pfKcZJ

Douyin Draws Over 70 Billion Digital Interactions While Ringing in the Year of the Ox

from The Business of Fashion https://ift.tt/3peZ8Y2

The American Designer Betting on OnlyFans

Rebecca Minkoff’s embrace of the platform, which has 100 million users and is shedding its adult-only image, represents how fashion is wading deeper into the creator economy. from The Business of Fashion https://ift.tt/3d62YAo

At Afterpay, Partnership Beyond Payments

Afterpay can measure partners’ metrics against industry averages, enabling merchants to fine-tune communication strategies and product offerings. from The Business of Fashion https://ift.tt/3tPEdOx

Retail Media 2.0: Content Is the New Merchandising

At VOICES 2020, Story founder Rachel Shechtman considers the role of media in retail alongside Ben Kaufman, co-founder of Camp. from The Business of Fashion https://ift.tt/3745C5E

Power Moves | PVH Appoints PVH Americas CEO, Rochas Names Creative Director

This week, PVH appoints Trish Donnelly to oversee its brands in the Americas market, while Charles de Vilmorin joins Rochas as Creative Director. from The Business of Fashion https://ift.tt/3p8voMd

Drybar Added to WellBiz Brands Portfolio

from The Business of Fashion https://ift.tt/2MNYXpx

Affirm Posts Smaller Loss on Pandemic Driven E-Commerce Boost

from The Business of Fashion https://ift.tt/375FyXU

China and E-Commerce Help Boost L’Oreal Revenue

from The Business of Fashion https://ift.tt/2Z9nCXW

Searching for the Next TikTok

Kuaishou’s blockbuster IPO has focused minds on China’s short video space, where several apps are clamouring for attention. Which platforms are the right fit for fashion and beauty brands? from The Business of Fashion https://ift.tt/3d3mq0k

Indian Footwear Brand Bata Reports 78% Decline In Q3 Profits

from The Business of Fashion https://ift.tt/2NlXAOM

Amazon, Ferragamo Sue Several Firms, Individuals Over Counterfeit Products

from The Business of Fashion https://ift.tt/2LKfWIK

India’s Raymond Group Reports 89% Drop In Net Profit

from The Business of Fashion https://ift.tt/3pjfbUR

Chinese Makeup Brand Yuetong Secures Funding

from The Business of Fashion https://ift.tt/3jCXIVS

Elie Saab Expands Into Fine Watches With Global Partnership

from The Business of Fashion https://ift.tt/373j4qu

Reports: Microsoft Approached Pinterest in Recent Months About Potential Deal

from The Business of Fashion https://ift.tt/2NhvdBf

VC Firm India Quotient to Raise at Least $80 Million for New Fund

from The Business of Fashion https://ift.tt/3rJ2W5n

#BoFLIVE: How to Sell Skin Care at Every Price

Please join us on Wednesday, February 17 at 16:00 GMT for #BoFLIVE, exclusively for BoF Professional members, to hear BoF’s Lauren Sherman and Chantal Fernandez, as well as Augustinus Bader’s Charles Rosier, CeraVe’s John Reed and Holistic Beauty Group’s Robyn Watkins, discuss how brands can stand out by rethinking the beauty playbook. from The Business of Fashion https://ift.tt/3a9Dyjn

Global Fashion Group Bets 2020’s Online Shopping Boom Is Set to Last

from The Business of Fashion https://ift.tt/3jCgkWd

Retailer Ted Baker’s Quarterly Sales Hit by Closures, Tepid Christmas Demand

from The Business of Fashion https://ift.tt/2Z4CsPF

On the Road to Recovery, Canada Emerges as an Unlikely Luxury Player

Less reliance on tourists and a commitment to shopping locally have accelerated Canada’s retail recovery, while innovations brought on by the pandemic have positioned the sector for a strong future. from The Business of Fashion https://ift.tt/2Z2GyaZ

The Unbundling of New York Fashion Week

More designers are leaving the calendar behind. After the pandemic, will the schedule snap back into place? And who needs it to? from The Business of Fashion https://ift.tt/3a96yrB

UK Lockdown Estimated to Cost Retailers £22 Billion in Lost Sales

from The Business of Fashion https://ift.tt/3ddOmPx

A New Playbook for DTC Brands

After a decade of rapid growth, the first generation direct-to-consumer playbook is looking stale. Early investor David Bell and Mythology founder Anthony Sperduti spoke at BoF VOICES about the need to mix up the rules of engagement for digital marketing. from The Business of Fashion https://ift.tt/3jEuHcl

Tommy Hilfiger Announces Partnerships With Harlem’s Fashion Row, Among Others, to Promote Diverse Voices

from The Business of Fashion https://ift.tt/3aQI2ul

Biden Asks Judge to Put TikTok Case on Hold

from The Business of Fashion https://ift.tt/3jOq3sJ

US Jewellers Brace for Valentine’s Day Without a Stimulus Boost

from The Business of Fashion https://ift.tt/3qbdWYK

Trish Donnelly Appointed CEO of PVH Americas

from The Business of Fashion https://ift.tt/2Orlsks

Westfield-Owner Unibail Plans To Sell Most of Its US Properties

from The Business of Fashion https://ift.tt/3aPVsqx

Retailers Hold on To Stores in Hopes of Surge of Shoppers

from The Business of Fashion https://ift.tt/372hdSJ

Indonesia’s Tokopedia and Gojek Finalising Merger

from The Business of Fashion https://ift.tt/3jD5miZ

Under Armour Beats Quarterly Revenue Estimates on Online Boost, Shares Rise

from The Business of Fashion https://ift.tt/3q9auy2

Pandemic Hits OTB Group Sales, But Maison Margiela Defies Crisis

from The Business of Fashion https://ift.tt/3tUIG2K

LVMH To Close Rihanna’s Fenty Fashion House

The ready-to-wear label’s high-end prices weren’t a match for Rihanna’s broad fan base. LVMH-backed L Catterton is investing in growing her hit lingerie line. from The Business of Fashion https://ift.tt/3q7E0nV

DFS to Launch Luxury Store Complex in Brisbane, Australia

from The Business of Fashion https://ift.tt/3p75Z5C

New Balance Wins $3.9 Million Settlement in Chinese Trademark Case

from The Business of Fashion https://ift.tt/3q79fzb

Korea’s Top E-Commerce Giant Coupang to Go Public

from The Business of Fashion https://ift.tt/3jDZ6I6

Luxury M&A Veteran Pierre Mallevays Joins Stanhope Capital Group

from The Business of Fashion https://ift.tt/3cUyi4Z

Will Street Style Return?

Street style helped launch a generation of photographers, influencers and brands. But with events on lockdown and the formula increasingly commercialised, the marketing phenomenon faces an uncertain future. from The Business of Fashion https://ift.tt/3qaL2YM

Beauty Brands See 2020 Sales Grow at Alibaba’s ‘New Retail’ Department Stores

from The Business of Fashion https://ift.tt/2N9MSL8

Prada Supplier’s Woes Flag Risks in Indonesian Apparel Industry

from The Business of Fashion https://ift.tt/3tHJkAh

Gap Inc. CEO Among Business Leaders in Meeting with President Biden

from The Business of Fashion https://ift.tt/3q6bh2t

LuLaRoe to Pay $4.75 Million to Settle Pyramid Scheme Lawsuit

from The Business of Fashion https://ift.tt/2LGI5jW

Joor Partners with RaiseFashion and Harlem’s Fashion Row to Support Black-Owned Brands

from The Business of Fashion https://ift.tt/3tGHM9V

Sephora’s New Incubator Brands Are All BIPOC-Owned

from The Business of Fashion https://ift.tt/2Ocp61l

Condé Nast’s World Trade Center Rent Dispute Escalates

from The Business of Fashion https://ift.tt/3p5FgX5

Shopify’s Payment Option to Be Added to Facebook, Instagram

from The Business of Fashion https://ift.tt/3jAD3BL

Kim Jones on the Making of Air Dior

The artistic director of Dior Men, who is now also leading the women’s collections at Fendi, speaks with BoF’s Imran Amed about the enduring power of youth and the making of the Air Dior shoe. from The Business of Fashion https://ift.tt/3pbBRX2

Baselworld’s HourUniverse Event to Go Ahead in Summer 2021

from The Business of Fashion https://ift.tt/3rD7B8Q

JD Sports Eyes European Warehouse To Counter Post-Brexit Tariffs

from The Business of Fashion https://ift.tt/3q6lXhR

H&M Faces Russian Criminal Investigation Over Customs Duties

from The Business of Fashion https://ift.tt/3aNnqTR

Shiseido Swings to Loss in 2020

from The Business of Fashion https://ift.tt/2Z1HYm4

Makeup Demand Slump Wipes Millions off Coty’s Revenue

from The Business of Fashion https://ift.tt/3aPFaxS

‘Flights to Nowhere’ Buoy Korean Duty Free Sales

from The Business of Fashion https://ift.tt/3tCUma6

Eyewear Giant Essilorluxottica Offers To Sell Assets for Grandvision Deal Approval

from The Business of Fashion https://ift.tt/3p104in

Aditya Birla Fashion and Retail Swings to Profit in Q3

from The Business of Fashion https://ift.tt/3p4L7vK

US Apparel Imports from China Down for Third Year Running

from The Business of Fashion https://ift.tt/3a12J7y

Top Korean Retailers Circle Fashion and Beauty Marketplace W Concept

from The Business of Fashion https://ift.tt/3a14DoB

What’s Selling in Streetwear

Gore-tex jackets, hiking boots and other outdoor wear known collectively as “gorpcore” are sweeping fashion retailers, resale platforms and mood boards. Just how big can it get? from The Business of Fashion https://ift.tt/2MMvJHr

GlobalData: Asia To Be Epicentre For ‘Value’ Apparel Boom

from The Business of Fashion https://ift.tt/3rxUHsM

How Birkenstock Became a Luxury Target

L Catterton is reportedly the frontrunner to acquire the original anti-fashion shoe brand, which is reaping the rewards of shoppers’ pandemic-driven desire for casual comfort. from The Business of Fashion https://ift.tt/3q3RTDs

China’s New Anti-Monopoly Guidelines Released, Big Tech Breathes Sigh of Relief

from The Business of Fashion https://ift.tt/2Na81oc

Rochas Appoints Charles de Vilmorin Creative Director

from The Business of Fashion https://ift.tt/3oXTwkR

Rochas Appoints Charles de Vilmorin Creative Director

from The Business of Fashion https://ift.tt/37cz49V

Mall Landlord Simon Property Group Reports Fall in Revenue

from The Business of Fashion https://ift.tt/36UXJiW

Jessica Roy Named Elle.com Digital Director

from The Business of Fashion https://ift.tt/3oZ0HZT

Graydon Carter’s Air Mail Launches Storefront

from The Business of Fashion https://ift.tt/3p0KoMm

One Year In, Target’s Activewear Line Is a Billion Dollar Brand

from The Business of Fashion https://ift.tt/3q18QP1

Indian Court Lifts Hold on Future’s $3.4 Billion Retail Deal in Setback for Amazon

from The Business of Fashion https://ift.tt/3a2pZCl

The North Face Inks Regenerative Cotton Partnership

from The Business of Fashion https://ift.tt/3tNKD0S

South African Fashion Week to Go Digital

from The Business of Fashion https://ift.tt/3a0eGdW

Boohoo Tells Leicester Suppliers to Cut Ties With Subcontractors

from The Business of Fashion https://ift.tt/3cYai0V

Diamonds Forecast To Regain Pre-Pandemic Sparkle in 2022-2024

from The Business of Fashion https://ift.tt/3tCXNgX

UK Shopper Numbers up 6.7 Percent Last Week on “Lockdown Fatigue”

from The Business of Fashion https://ift.tt/3aO7FvE

India Refutes US Report on E-Commerce Tax

from The Business of Fashion https://ift.tt/2LvNVVd

The Weeknd Wears Givenchy Haute Couture for Super Bowl Performance

from The Business of Fashion https://ift.tt/2N0vfgB

Clothes Retailers Cut Orders While Factories Fight To Survive

from The Business of Fashion https://ift.tt/3tFr5LR

Vipshop Fined For Anti-Competitive Practices

from The Business of Fashion https://ift.tt/3tCvEXl

Boohoo Buys Remaining Apparel Brands From Failed Arcadia Group

from The Business of Fashion https://ift.tt/2N2Tvii

Careers Counsel | How to Encourage Employees to Speak Up When They See Wrongdoing

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/3cP9r2r

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Depop, Moncler and Kering. from The Business of Fashion https://ift.tt/3jtra0r

Retailers Pledged Action on Diversity. Delivery Is Proving More Elusive.

Public pressure, especially from the 15 Percent Pledge, pushed many US-focused businesses to disclose information and promise progress, but the industry is still largely in a planning and promises stage. from The Business of Fashion https://ift.tt/2Lx64Sw

Announcing Alhambra Berlin and MagicLinks

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/3aIbwdF

For Brands, Is Resale Actually Worth It?

The secondhand market is booming, and a growing number of labels are piling in. But selling pre-worn trousers and handbags online — and turning a profit — is challenging. from The Business of Fashion https://ift.tt/3jtgeQL

TikTok Plans Aggressive US E-Commerce Expansion

from The Business of Fashion https://ift.tt/3aP5JTY

Chinese Internet Users Are Flocking to Clubhouse

from The Business of Fashion https://ift.tt/3p0ZuBn

L Catterton Inches Ahead in $5 Billion Birkenstock Bidding

from The Business of Fashion https://ift.tt/2YWdCkW

What Fashion Can Expect From Biden’s Stimulus Plan

This week, everyone will be talking about aid talks in Washington, fashion’s commitments to carry more Black-owned brands and the start of the Lunar New Year holiday. from The Business of Fashion https://ift.tt/3rtDvVl

Black in Fashion Council and Depop Partner on Educational Series

from The Business of Fashion https://ift.tt/3aFBM8y

China’s Luxury Bright Spot

Hainan Island, China’s smallest province, is one of the few tourist destinations on the planet that’s back in full swing as virus-related restrictions squeeze international travel. from The Business of Fashion https://ift.tt/3oQQLl1

Amazon Bid to Delay Union Vote Rejected

Last month the e-commerce giant had asked the regulator to halt the vote to give officials time to reconsider the company’s proposal to conduct the election in person at the warehouse. from The Business of Fashion https://ift.tt/3jjuPhu

The Pull Up for Change Campaign Announces Fund for Black Entrepreneurs

from The Business of Fashion https://ift.tt/2OasCtg

LVMH-Tiffany Employees “Expected” to Work From Offices Starting March 1

from The Business of Fashion https://ift.tt/36OCsau

Dissecting the Rise, Fall and Future of Topshop

This week on the BoF Podcast, retail veteran and former Topshop brand director Jane Shepherdson and BoF senior editorial associate Tamison O’Connor break down Topshop’s rise and fall and what comes next for the British high street. from The Business of Fashion https://ift.tt/3rrh2bm

Amazon Fashion After Jeff Bezos

This week, Amazon founder Jeff Bezos said he would step down as chief executive, passing the baton to top lieutenant Andy Jassy. What does the internet giant’s new CEO mean for its fashion strategy? from The Business of Fashion https://ift.tt/3aCLnNt

Estée Lauder Posts Surprise Revenue Growth, Beats Profit on Strong China Demand

from The Business of Fashion https://ift.tt/3pS6j9F

Richemont’s Alaïa Names Pieter Mulier Creative Director

The appointment signals Richemont’s growing interest in its fashion division and gives a longtime Raf Simons deputy a chance to shine on his own. from The Business of Fashion https://ift.tt/2YKO8XD

Luxury Dampened by Extended Lockdowns

The sector is keen to put the events of 2020 behind it, but the gargantuan task of vaccinating the world — combined with concerns about new Covid variants — has poured cold water over investor sentiment. from The Business of Fashion https://ift.tt/3rtyImD

BFC Partners With TikTok on NewGen Initiative

from The Business of Fashion https://ift.tt/3cIdwFo

British Retailer French Connection Receives Takeover Approaches

from The Business of Fashion https://ift.tt/36JwOGN

Tourism Decline Continues to Dent Singapore’s Retail Sales

from The Business of Fashion https://ift.tt/36KqiQ2

Indian Textile Giant Arvind Limited Sees Q3 Revenue Drop

from The Business of Fashion https://ift.tt/2MSX6iK

Florentia Village Outlets Expand to Chongqing

from The Business of Fashion https://ift.tt/3tuhLuf

Indian Retail Tycoon Slapped With One Year Market Ban

from The Business of Fashion https://ift.tt/2Ls8Vfy

Investors Flock to $5 Billion Alibaba Bond Deal, Shrug off Regulatory Woes

from The Business of Fashion https://ift.tt/2N1oL0P

Don’t Call It a Department Store

Nordstrom chief executive Erik Nordstrom lays out a high-touch plan that plays to the retailer’s strengths — but there are challenges ahead. from The Business of Fashion https://ift.tt/3pX5M6w

At NuOrder, the Evolution of the Wholesale Industry

The wholesale e-commerce platform processed over $38 billion orders in 2020. Here, BoF shares insights gathered from its community in a transformative year. from The Business of Fashion https://ift.tt/2YM04br

Kuaishou, TikTok’s Biggest Chinese Rival, Sees Shares Surge 194% On Debut

from The Business of Fashion https://ift.tt/3tq2SsW

Prada to Close Shanghai Plaza 66 Store

from The Business of Fashion https://ift.tt/36JMHwW

Kohl’s CEO Says Retailer Is Recovering From Pandemic Swoon

from The Business of Fashion https://ift.tt/3rrJVV3

L Brands Names New CEO at Victoria’s Secret

from The Business of Fashion https://ift.tt/3rnoNiu

Branding Firm Science Magic Inc. Receives B Corp Certification

from The Business of Fashion https://ift.tt/2Ljio8J

Milan Fashion Week Women’s To Proceed Mostly Online

from The Business of Fashion https://ift.tt/36HXI1J

Beijing’s Top Luxury Department Store, SKP, Surpasses Harrods In Sales

from The Business of Fashion https://ift.tt/3rssKCR

Pandora Expects Return To Sales Growth in 2021

from The Business of Fashion https://ift.tt/3pIQEtb

Ralph Lauren Misses Quarterly Revenue Estimates

from The Business of Fashion https://ift.tt/39OTirC

Dior Tops New Quarterly Ranking for Brands’ Media Impact

from The Business of Fashion https://ift.tt/3cEOvuQ

Chinese New Year Sales Hang in the Balance

Travel during China’s crucial Lunar New Year holiday is expected to hit a three-decade low, but some retailers are confident they can make back the losses in the months ahead. from The Business of Fashion https://ift.tt/36GP6bG

Tapestry Profit Beats Holiday-Quarter Estimates as China Demand Soars

from The Business of Fashion https://ift.tt/3jlwGSP

Canada Goose Revenue Beats Estimates on Online Surge, China Demand

from The Business of Fashion https://ift.tt/3oM2AJl

Dubai Forges Ahead With Plans for World Expo

from The Business of Fashion https://ift.tt/3cA21zY

Luxury Designers Bag Bargain Store Space in Manhattan’s Soho

from The Business of Fashion https://ift.tt/2MB4C1Z

#BoFLIVE: The Future of Online Retail

From gaming-inspired marketing and shoppable content to two-hour delivery, the new era of e-commerce is upon us. BoF’s Lauren Sherman and Cathaleen Chen are joined by industry experts to discuss the new online services that brands and retailers need to know about. from The Business of Fashion https://ift.tt/2MY9WfO

#BoFLIVE: Tim’s Take With Iman

BoF’s editor-at-large speaks to the Somali supermodel about her remarkable career and current thoughts on the state of the fashion industry. from The Business of Fashion https://ift.tt/39K7gv8

Chinese Luxury E-Commerce Partner Baozun Buys Consultancy

from The Business of Fashion https://ift.tt/36Eh8Vm

Jack Ma’s Ant Group Makes a Deal With Chinese Regulators

from The Business of Fashion https://ift.tt/3oPeKRL

Ukraine Launches ‘No Season’ Fashion Week

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Ukraine Launches ‘No Season’ Fashion Week

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Ebay Earnings Beat Expectations Amid Pandemic-Driven Surge in Online Shopping

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Britain’s JD Sports Targets More Deals After Raising 464 Million Pounds

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Fashion’s Untapped Opportunity to Fight Climate Change

The biggest sources of emissions are hidden deep in the industry’s supply chain. Here’s how some brands and activists are looking to fix that. from The Business of Fashion https://ift.tt/2My7tZt

The Key to Asia’s Resale Market

The resale revolution is catching on in countries with no culture of thrift stores, but platforms must still work hard to quash taboos and change the consumer mindset. from The Business of Fashion https://ift.tt/36IT3MS

Marble Ridge Capital Founder Admits to Neiman Marcus Fraud

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Versace Bets Future on New Signature Pattern to Revive Brand

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Capri Beats Profit Estimates as Fewer Holiday Discounts Boost Margins

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Ksenia Solovieva Named Editor in Chief of Vogue Russia

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#BoFLIVE: Tim’s Take With Virgil Abloh

BoF’s editor-at-large speaks to the acclaimed designer about his latest Off-White show, the young Black talent involved in its creation, and the importance of elevating Black creatives. from The Business of Fashion https://ift.tt/3ata4vQ

Designing Success: Diane Von Furstenberg’s A-Z Book of Advice

The Belgian designer discusses her secrets to success and predicts what future fashions may look like. from The Business of Fashion https://ift.tt/3awURd0

Designing Success: Diane Von Furstenberg’s A-Z Book of Advice

The Belgian designer discusses her secrets to success and predicts what future fashions may look like. from The Business of Fashion https://ift.tt/2NX4Not

Stuart Haselden Named CEO of Arc’teryx

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De Beers’ Diamond Sales Exceed Pre-Pandemic Levels

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CVC Buys Shiseido Personal-Care Unit in $1.5 Billion Deal

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Luxury E-Commerce Marketplace 1stDibs Taps Banks for IPO

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Mistergentleman Designer Takeshi Osumi Dies at 47

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China’s TikTok Sues WeChat-Owner for Monopolistic Behaviour

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DTC vs Wholesale: Striking the Right Balance

How and where should brands sell in 2021? New best practices are emerging. from The Business of Fashion https://ift.tt/3cAkIDv

Why Editorial Brands Will Dominate Retail’s ‘Long Tale’

Brands and retailers must create their own deep and sticky ecosystems of content, argues Doug Stephens. from The Business of Fashion https://ift.tt/36Cmws5

Former Vogue Editor Angelica Cheung Joins Sequoia Capital China

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Luxury E-Commerce Marketplace 1stDibs Taps Banks for IPO

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Amazon’s Jeff Bezos to Step Down as CEO

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Heavy Holiday Ad Spend Acts as Rocket Fuel for Alphabet’s Google and YouTube

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Amazon’s Jeff Bezos Steps Down as CEO

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Amazon Scores Win in India as Court Freezes Future’s $3.4 Billion Retail Deal

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Hudson’s Bay Announces Online Marketplace

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VP Kamala Harris Criticised for Wearing Dolce & Gabbana

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Michael Kors Owner Capri Launches Foundation for Diversity in Fashion

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Ulta to Boost Anti-Bias Training and Sell More Black-Owned Brands

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Everlane Adds Natalie Massenet to Board, Appoints Sophie Bambuck CMO

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How Fashion Can Leverage the Audio Appeal of Clubhouse

At VOICES 2020. Paul Davison and Virgil Abloh discussed the audio-only social network’s potential impact in the fashion industry with BoF’s Imran Amed. from The Business of Fashion https://ift.tt/3oKwq0K

Report: Unilever Picks Credit Suisse for Beauty Brands Sale

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Report: Jessica Alba’s Honest Co. Files Confidentially for IPO

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Alibaba Beats Quarterly Revenue Estimates

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New Virus Variant Sees Hong Kong Retail Sales Plummet

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Britain To Regulate Buy-Now Pay-Later Credit After Lockdown Surge

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Covent Garden Landlord Slashes Estate’s Value by $547 Million

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How to Build a Successful Start-Up Board

Alongside founders and investors, independent directors can play a key role on a young company’s board, helping to shape strategy with insights and advice based on their own experiences. from The Business of Fashion https://ift.tt/39BOiXt

Why Asos Needs Topshop

Asos just spent over $400 million to acquire the legacy high street brand, boosting the online retailer’s place in the race to dominate the surging e-commerce market. from The Business of Fashion https://ift.tt/3reimhL

The Mysterious $15 Billion Brand Taking on Boohoo and Fashion Nova

Shein did not manage to acquire Topshop, but it could now be looking for other struggling retailers to cement its position as China’s leading exporter of ultra-fast fashion with global ambitions. from The Business of Fashion https://ift.tt/3tkFJZ1

Myanmar Coup To Dampen US Trade, Impact Footwear Companies

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Silver Dealers Scramble To Find Supplies for Retail Buyers

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Facebook and Instagram Launch #BuyBlack Initiative

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UK Fashion Leaders Speak Out Against Brexit Trade Deal

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Stefan Larsson Officially Takes the Reins at PVH

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Gap Is Latest To Join 15 Percent Pledge

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Chinese Intimates Giant Aimer Plots IPO

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Arab Fashion Week Debuts Men’s Edition

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JD Sports To Acquire American Retailer DTLR Villa

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Fashion Trust Arabia Names Award Finalists

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At PVH, Creating an Archive That Can Educate and Inspire

BoF discovers how the company’s archive, collecting and organising the creative output of its brands including Tommy Hilfiger and Calvin Klein, is designed to empower creative inspiration and brand education. from The Business of Fashion https://ift.tt/2MM1xvu

Asos Buys Topshop, Sister Brands in £295 Million Deal