Posts

Showing posts from March, 2021

The Truth About Black Buying Power

African Americans are disproportionately interested in fashion goods but brands must end the scourge of ‘shopping while Black’ to seize the opportunity, argues Jason Campbell. from The Business of Fashion https://ift.tt/3doJ41R

Tel Aviv Fashion Week Wraps Up

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

Drew Barrymore Launches Quarterly Lifestyle Magazine

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

Manhattan’s Fifth Avenue Mired in $200 Million Retail Rent Fight

A few giant deals remain in gridlock and reduced demand has forced landlords to cut prices, signalling further obstacles to the shopping strip’s recovery. from The Business of Fashion https://ift.tt/39y9KfE

The New 4 Ps of DTC Marketing

Over the past decade, the rule book for DTC marketing has evolved, forcing brands to consider how they can stand out while still encompassing their values. from The Business of Fashion https://ift.tt/3wcNzoR

Retail Rewards App Fetch Rewards Raises $210 Million in Softbank-Led Round

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

Valentino Apologises After Campaign Offends Japanese Netizens

from The Business of Fashion https://ift.tt/3weh8X0

Cardi B Announces Plans to Launch Haircare Line

from The Business of Fashion https://ift.tt/3sHYBR0

Join Us at the BoF Professional Summit: Closing Fashion’s Sustainability Gap

On April 14, The Business of Fashion will convene leading global experts, thought leaders and activists in sustainability and workers rights for a 4-hour live broadcast of interactive conversations. from The Business of Fashion https://ift.tt/3rDyOIe

Mushroom-Based Leather Producer Secures $60 Million Series D Funding

from The Business of Fashion https://ift.tt/3we28sj

Bottega Veneta Launches Online Magazine

from The Business of Fashion https://ift.tt/3m5s7xo

Lotte Shopping and Shinsegae’s E-Mart Shortlisted to Acquire W Concept

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

Amazon Acquires Indian Retail Start-Up Perpule

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

Douyin Launches Flagship Stores for Brands

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

H&M Swings to Loss in Q1, Pledges to Rebuild Trust in China

from The Business of Fashion https://ift.tt/31Ae89m

Online Fashion Outlet Otrium Raises $120 Million Ahead of US Launch

from The Business of Fashion https://ift.tt/3fpV2uR

SK-II Studio Releases First Film

from The Business of Fashion https://ift.tt/2O9fKnB

Join Us at the BoF Professional Summit: Closing Fashion’s Sustainability Gap

On April 14, The Business of Fashion will convene leading global experts, thought leaders and activists in sustainability and workers rights for a 4-hour live broadcast of interactive conversations. from The Business of Fashion https://ift.tt/3woroMG

Pangaia Won Over Consumers. Can It Do the Same for Businesses?

After generating $75 million in revenue in 2020 while staying profitable, the company needs to move beyond the pandemic uniform it helped to define in order to sustain its growth. In exclusive interviews with company executives, BoF examines Pangaia’s growth challenges and opportunities in B2B. from The Business of Fashion https://ift.tt/2QKENOA

PVH Fourth-Quarter Sales Hit By Lockdowns in Europe

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

Investors Press Companies on Human Rights in Xinjiang

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

The Rise of Virtual Fashion

Billions of people across the world call themselves gamers. And as gaming technology improves and increasingly acts as an extension of the real world, it’s becoming a prime market for fashion brands. BoF’s Imran Amed talks to Herman Narula, co-founder and CEO of Improbable to learn more. from The Business of Fashion https://ift.tt/2O5CbKe

Nike Sues Over Unofficial Lil Nas X ‘Satan’ Shoe Collection

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

Alexander McQueen, Balenciaga Go Fur-Free

The Kering-owned brands are the latest to phase out the material, as the industry turns to more sustainable and vegan alternatives. from The Business of Fashion https://ift.tt/3cAtDV5

Japanese Brands Take Different Positions on Xinjiang Cotton

As backlash over stances on Xinjiang cotton grows, Japanese brands face a familiar predicament in deciding how to proceed. from The Business of Fashion https://ift.tt/3rvr3UE

#BoFLIVE: Solving 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. Exclusively for BoF Professional members, we speak to a host of experts to unpack their strategies. from The Business of Fashion https://ift.tt/3rB9bb0

LVMH Announce Saul Nash, Bianca Saunders, Christopher John Rogers Among 20 Semi-Finalists for Young Designers Prize

from The Business of Fashion https://ift.tt/3sAaw32

Alexander McQueen, Balenciaga Go Fur-Free

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

Saudi Mall Operator Arabian Centres Expected To Raise $650 Million via Sukuk

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

Paul Andrew To Exit Ferragamo in Company Shakeup

The designer will leave his post this spring. Chairman Ferruccio Ferragamo is stepping down from the brand’s board to be succeeded by his brother Leonardo. from The Business of Fashion https://ift.tt/2PHq5r0

Japanese Brands Take Different Positions on Xinjiang Cotton

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

China’s Erstwhile Footwear Leader Daphne International Sees Sales Drop 83%

from The Business of Fashion https://ift.tt/31JHXoh

K-Beauty Brand Hera Goes Global with US Launch

from The Business of Fashion https://ift.tt/3m8bO2P

H&M Should Lay Low Until China Anger Blows Over, EU Chamber Says

from The Business of Fashion https://ift.tt/3m2r9lq

China May Boost Cotton Imports to Cut Xinjiang Fibre in Exports

from The Business of Fashion https://ift.tt/2Pbrx5q

Japan’s Retail Sales Fall for Third Straight Month

from The Business of Fashion https://ift.tt/2PHqXw5

Following IPO, Kalyan to Increase Stores Across India

from The Business of Fashion https://ift.tt/31zH80Q

China to Ban CBD Beauty?

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

Chinese Factories Raising Prices on Apparel and Footwear

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

Makeup Artist Violette Launches Brand

Backed by $2.75 million in seed funding, the YouTube star debuts a multi-category collection that aims to hit a sweet spot between Instagram face and ‘effortless’ beauty. from The Business of Fashion https://ift.tt/3m1JEGK

Tomorrow Acquires Stake in Charles Jeffrey Loverboy

The brand accelerator is pushing a new model for growing emerging labels in a fashion market where going it alone as a small independent brand is tougher than ever. from The Business of Fashion https://ift.tt/3fpvyO9

Where Next for Kith’s Hype Machine?

As the 10-year-old burgeoning sneaker and streetwear empire opens its first European store in Paris, founder Ronnie Fieg sits down for a rare interview. from The Business of Fashion https://ift.tt/3cwQu3N

Why So Many Fashion Professionals Are Starting Side Hustles

The pandemic inspired creatives to launch all sorts of secondary businesses. Brands must toe the line of encouraging employees while being protecting of resources. from The Business of Fashion https://ift.tt/31xD4hG

The Cut’s Executive Editor Heads to Bustle Digital Group

from The Business of Fashion https://ift.tt/31xb2D0

Guess Pulls Tote From Shelves After Accusations of Copying Telfar

from The Business of Fashion https://ift.tt/3fm44sD

Sportswear Brand Perfect Moment Closes $6M Bridge Loan in Preparation for IPO

from The Business of Fashion https://ift.tt/3d9aj08

Son Ye-jin Is Valentino’s New Brand Ambassador

from The Business of Fashion https://ift.tt/3fpi6d8

Vogue Man Debuts in Hong Kong

from The Business of Fashion https://ift.tt/3m043vT

250 Garment Businesses Shut in India’s ‘City of Apparel’

from The Business of Fashion https://ift.tt/31tMZoE

Seoul Fashion Week Sees Designers Explore New Arenas

from The Business of Fashion https://ift.tt/3u42vnn

Billie Eilish Is the Latest Celebrity to Open a Tmall Store

from The Business of Fashion https://ift.tt/3szfpt9

H&M Stores Shut by China Landlords as Xinjiang Fallout Grows

from The Business of Fashion https://ift.tt/31pu9iu

Yoshinori Matsuzaki Appointed CEO of United Arrows

from The Business of Fashion https://ift.tt/2O8ePDW

Hugo Boss Under Fire From Chinese Stars Over Xinjiang Pledge

from The Business of Fashion https://ift.tt/3fm8VKm

How I Became... TikTok’s Head of Fashion and Beauty Partnerships

A self-identifying creator drawn to fashion but lacking ‘any gifts in design,’ CeCe Vu sought out a different creative avenue into the industry via social media, working at the likes of Netflix and Mobli before moving to the Gen-Z favoured short-form video platform. from The Business of Fashion https://ift.tt/3w3hn7v

Careers Counsel | 9 Ways to Delegate Successfully

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/3dhDApt

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from BoF, Manolo Blahnik and Amiri. from The Business of Fashion https://ift.tt/3rrErJz

The Return of Rental

Covid-19 crushed the market for fashion rentals, but platforms are betting that pent-up demand for social events and sustainability will boost post-pandemic business. from The Business of Fashion https://ift.tt/3u0wcpo

Gucci Is First to Bet Big on Katie Grand’s New ‘Perfect’ Magazine

The debut magazine from the stylist’s new content agency is centred around an audio and visual project created with the Italian luxury brand. from The Business of Fashion https://ift.tt/3u351dD

Consumers Are Already Saying Goodbye to Their Sweatpants

This week, everyone will be talking about the return of live events and other pre-pandemic activities, new Nike sneakers flooding the market and Lululemon’s expansion plans. from The Business of Fashion https://ift.tt/3w4uTaT

Lenders Are Seizing Equity Stake in Minnesota’s Mall of America

from The Business of Fashion https://ift.tt/3w2lfW2

ThredUp Shares Jump 30 Percent on IPO Day

from The Business of Fashion https://ift.tt/3fjou5E

Combatting Anti-Asian Racism in Fashion

BoF’s Imran Amed talks with Michelle Lee, Susanna Lau and Phillip Lim about the intersectional issues and structural barriers at the core of Anti-Asian hate, and how the fashion professionals can be better allies. from The Business of Fashion https://ift.tt/3lWynr3

Can Fashion Keep Up Its Geopolitical Balancing Act?

H&M, Nike and others are under pressure from Chinese netizens for their stance on Xinjiang cotton, underscoring the difficult balancing act of doing business when people in the world’s largest markets take radically different views on geopolitical issues. from The Business of Fashion https://ift.tt/3tYvbOM

Nordstrom Starts Repairing Its Tarnished Status With Debt Deal

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

More Than 50 Chinese Celebrities End Brand Partnerships in Xinjiang Row

Tommy Hilfiger, Puma and Lacoste are the latest brands to lose their Chinese ambassadors following an uproar about a decision not to use cotton sourced from the Xinjiang region. from The Business of Fashion https://ift.tt/31nE484

More Than 50 Chinese Celebrities End Brand Partnerships in Xinjiang Row

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

Chinese Skincare Group Sees Shares Pop 244% on Debut

from The Business of Fashion https://ift.tt/3d84yQy

Is Scalp Care the New Skin Care?

As interest in self-care and wellness surges, brands and consumers are applying ingredient formulations and rituals associated with skin care to hair care regimes. from The Business of Fashion https://ift.tt/3dcv2Aa

H&M Stores Vanish From China Maps as Xinjiang Issues Worsen

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

China Fashion Week Kicks Off

from The Business of Fashion https://ift.tt/2P0kc8H

Hiroshi Fujiwara Denies Affiliation with Tmall Fragment Flagship

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

Suez Blockage Adds to Fashion’s Supply Strains

from The Business of Fashion https://ift.tt/2Pv4G4e

Gap Sells Childrenswear Label Janie and Jack

from The Business of Fashion https://ift.tt/3d9f7ms

Power Moves | Condé Nast Appoints Chief Financial Officer, Tommy Hilfiger Announces Global Chief Marketing Officer

This week, Jackie Marks is named chief financial officer of Condé Nast while Tommy Hilfiger names global chief marketing officer. from The Business of Fashion https://ift.tt/3tUSlW9

Alegra O’Hare Appointed Global Chief Marketing Officer at Tommy Hilfiger

from The Business of Fashion https://ift.tt/3tUQ5hu

How Old Clothes Became Big Business

The RealReal is dropping the first in a series of upcycled collections, while LVMH is preparing to launch an online marketplace to sell off deadstock fabrics. Fashion is finding value in its excess. from The Business of Fashion https://ift.tt/39cJYx2

UK Retailers Toil in March but See Better Times Ahead

from The Business of Fashion https://ift.tt/2Pa29g2

L’Oréal Takes Minority Stake in Environmental Tech Start-Up Gjosa

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

The World’s Third Largest Sportswear Company May Surprise You

In sportswear, only Nike and Adidas have a higher market cap than Chinese giant Anta. Having surpassed other international rivals in China, the ambitious group now aims to go global. from The Business of Fashion https://ift.tt/3d7NcDq

Pandemic Boosts Digital Payment Methods in the UK

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

Burberry, H&M, Nike, Adidas, Calvin Klein, Uniqlo and Converse Lose China Brand Ambassadors Over Xinjiang

Other brands are in the firing line as Chinese consumers call for a boycott after an uproar about the decision not to source cotton from the Xinjiang region. from The Business of Fashion https://ift.tt/3ckMX8L

Hainan Duty Free Sales Surge Continues Through Jan and Feb

from The Business of Fashion https://ift.tt/3dl2MMb

South Korea’s Retail Sales Growth Hits 2-Year High

from The Business of Fashion https://ift.tt/3tTjw3D

Tencent Dives Despite Assurances on China Antitrust Fallout

from The Business of Fashion https://ift.tt/3d4cgLB

How Technology Is Powering African Retail

Zain Verjee and Juliet Anammah discuss how the pandemic has accelerated the move to digital platforms in Africa and how consumers are adapting. from The Business of Fashion https://ift.tt/3vWwJdK

European Fashion Stocks Hit by China Xinjiang Row

from The Business of Fashion https://ift.tt/3sn6gE7

Nike Loses China Brand Ambassadors Over Xinjiang, Other Brands Under Fire

from The Business of Fashion https://ift.tt/3vVv5Jn

UK Retail Is Failing on Diversity Measures, Report Shows

from The Business of Fashion https://ift.tt/3fq32Mz

Boohoo Cuts UK Suppliers as Part of Cleanup Efforts

from The Business of Fashion https://ift.tt/3d3dCWM

Arab Fashion Week Postponed

from The Business of Fashion https://ift.tt/3rf208c

Kenzo: Party Like It’s 2021

For designer Felipe Oliveira Baptista, happy days are nearly here again. from The Business of Fashion https://ift.tt/2P7SruP

Nadine Ijewere: ‘I Want To See More Black Women at the Top’

The London-born photographer, whose signature sun-soaked style subverts the industry’s outdated beauty ideals, has made history as the first Black woman to shoot the cover of both American and British Vogue. from The Business of Fashion https://ift.tt/2QxcAKZ

Cai Xukun is the New Face of De Beers

from The Business of Fashion https://ift.tt/2P7LHNx

Former Gap CEO Art Peck Launches $200 Million SPAC to Buy Fashion Brands

from The Business of Fashion https://ift.tt/3skz0gL

#BoFLIVE: The Right Way to Do Plus-Size

Brands often launch plus-size lines to great fanfare, only to abandon their efforts when sales don’t immediately meet expectations. Exclusively for BoF Professional members, a host of experts discuss how they found success with a more-comprehensive approach to the category. from The Business of Fashion https://ift.tt/3cjrD3i

For Brands, Is Resale Actually Worth It?

As the resale market continues to grow, more brands are partnering with resale companies or creating their own resale platforms. But are the associated costs — cleaning, listing and handling products — really worth it? from The Business of Fashion https://ift.tt/3tRlTE8

Osman Ahmed Appointed Fashion Features Director at i-D

from The Business of Fashion https://ift.tt/3d4vCA2

H&M Faces Boycott Calls in China Over Xinjiang Cotton Ban

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

China to Host Its First Hanfu Expo

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

SMCP Profit Declines Less Than Expected Thanks to Online Shopping

from The Business of Fashion https://ift.tt/3ce2p6D

Calls in China for Boycott of H&M Over Xinjiang Cotton Ban

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

What the NFT Gold Rush Means for Fashion

Sales of tweets, memes and other digital assets may change the possibilities for the industry. from The Business of Fashion https://ift.tt/3vXpORt

Turkey’s Economic Turmoil Poses Challenge for Retailers

from The Business of Fashion https://ift.tt/2P10lWO

Evolving Supply Chains at Sunrise Technologies

The company is trusted by the likes of Patagonia, Frette and Vera Bradley to create supply chain efficiency in today’s challenging landscape of ‘inventory bubbles,’ ‘inventory bursts,’ and potentially even shortages. from The Business of Fashion https://ift.tt/3tTEBLp

Arab Fashion Week Kicks Off

from The Business of Fashion https://ift.tt/3silD0y

Ted Baker Becomes First Fashion Brand With a ‘Club’ on Clubhouse

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

Benetton Group Closes Flagship Store in Central Milan to Focus on Smaller Shops

from The Business of Fashion https://ift.tt/31etPCW

Sterling Ruby on His Boundary-Bending Work in Art and Fashion

In the latest edition of the BoF podcast, Tim Blanks talks with the artist, designer and first American in over a decade to present at Paris haute couture week. from The Business of Fashion https://ift.tt/3cd1yTv

EssilorLuxottica Gains EU Okay for $8.5 Billion Dutch Buy

from The Business of Fashion https://ift.tt/3f4XPcz

Indian Beauty E-Commerce Player Raises $45 Million

from The Business of Fashion https://ift.tt/2P3fy9H

UAE Retail Recovery Predicted by End of Year

from The Business of Fashion https://ift.tt/31akQ60

German Businesses Say Easter Lockdown Will Fuel Bankruptcies

from The Business of Fashion https://ift.tt/3rf16IX

Ecuador’s Textile Industry Revenues Down 36% in 2020

from The Business of Fashion https://ift.tt/3w29L58

Carlyle Acquires Majority Stake in Luxury Online Retailer END

Co-founders Christiaan Ashworth and John Parker will retain a significant minority stake and remain co-CEOs. from The Business of Fashion https://ift.tt/31apQYg

Japan’s Malls Prepare for Olympic Season Without Tourists

from The Business of Fashion https://ift.tt/3lOZ15q

Nostalgia, Movie Stars and Drag Queens: Inside the Coach Brand Turnaround

The 80-year-old heritage leather goods maker has spent much of the last year leaning into a marketing strategy that emphasised fun. Its efforts are paying off. from The Business of Fashion https://ift.tt/3sfrt2y

A New Era of Arab-Led Fashion Media

Harper’s Bazaar and Esquire have launched Saudi Arabian editions, signalling a drive toward localisation in the Middle East that locals say is long overdue. from The Business of Fashion https://ift.tt/398VQjJ

Fashion’s Long Road to Transparency

The fashion industry is systemically opaque. BoF assesses companies’ efforts to operate more transparently in the first in a series of articles examining the findings of The BoF Sustainability Index. from The Business of Fashion https://ift.tt/397Dr70

Why Fashion Needs a Detox

The fashion industry is thirsty and dirty. BoF assesses companies’ efforts to tackle water stress and pollution in the latest in a series of articles examining the findings of The BoF Sustainability Index. from The Business of Fashion https://ift.tt/2NICivb

Fashion’s New Materials Frontier

The fashion industry relies on an extractive business model. BoF assesses companies’ efforts to establish raw material supply chains with a positive impact on people and planet in the latest in a series of articles examining the findings of The BoF Sustainability Index. from The Business of Fashion https://ift.tt/3lEY2V6

Fashion Is Still Failing on Workers’ Rights

The fashion industry runs on systemic inequality and social injustice. BoF assesses companies’ efforts to protect workers in their supply chain in the latest in a series of articles examining the findings of The BoF Sustainability Index. from The Business of Fashion https://ift.tt/3scKRNT

The Waste Opportunity: How Fashion Could Turn Trash to Treasure

The fashion industry feeds a culture of wasteful overconsumption. BoF assesses companies’ efforts to address the industry’s waste problem in the final instalment in a series of articles examining the findings of The BoF Sustainability Index. from The Business of Fashion https://ift.tt/3tGiOXa

Random Covid Tests Required at Mumbai’s Shopping Centres

from The Business of Fashion https://ift.tt/3f2Bmgp

India’s Joint FDCI x Lakme Fashion Week Comes to a Close

from The Business of Fashion https://ift.tt/3c8g2Eh

Condé Nast Names Jackie Marks Chief Financial Officer

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

YouTube Begins Trial of Automatic Product Detection in Videos

from The Business of Fashion https://ift.tt/3tKZf01

Op-Ed | ​Another Season, Another Cultural Appropriation Controversy

In the wake of Gucci’s Sikh turban uproar, the cultural appropriation debate needs a reboot, argues Anu Lingala. from The Business of Fashion https://ift.tt/2NDGn3A

JD.com to Invest $800 Million in Dada Group

from The Business of Fashion https://ift.tt/395qBpF

Shinsegae, Naver to Launch Luxury E-Commerce Platform

from The Business of Fashion https://ift.tt/3f7mAVA

French Retail Shutdown To Have “Disastrous Consequences,” Fashion Trade Group Warns

from The Business of Fashion https://ift.tt/3r7PbN2

Seoul Fashion Week Presses Play on Fully Digital Season

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

Tokyo’s Rakuten Fashion Week Comes to a Close

from The Business of Fashion https://ift.tt/3r7a1Mf

Richemont Shares Rise After Report It Rejected Kering’s Approach

from The Business of Fashion https://ift.tt/2PdUZr5

#BoFLIVE: Combatting Anti-Asian Racism

A recent wave of anti-Asian hate attacks has shed new light on longstanding racism impacting Asian communities around the world. Join BoF’s Imran Amed for a conversation with industry leaders to better understand the intersectional issues and structures underpinning anti-Asian hate and what fashion professionals can do to be better allies. from The Business of Fashion https://ift.tt/3lFjERy

Shanghai Fashion Week Doubles Down on Local Influencers

from The Business of Fashion https://ift.tt/395QEgx

Daigou Handbag Sales Remain a Challenge for Luxury Brands

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

Hilco to Advise on Sale of Ralph & Russo

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

Louis Vuitton Unveils Revamped Tower in Tokyo’s Ginza District

from The Business of Fashion https://ift.tt/3rario3

Can a Hollywood Super Agency Finally Crack Fashion?

Creative Artists Agency’s newly launched fashion division takes aim at ‘dysfunction’ in the industry, just as the world of celebrity representation is changing drastically. from The Business of Fashion https://ift.tt/2PfZT6V

Careers Counsel | Why Names and Learning How They Are Pronounced Matter

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/3lA655M

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Marc Jacobs, Acne Studios and Aeyde. from The Business of Fashion https://ift.tt/3f27Nvx

Measuring Fashion’s Sustainability Gap — Download the Report Now

Brands are talking about sustainability more than ever before, but does their rhetoric stand up to scrutiny? BoF’s new report, The BoF Sustainability Index, benchmarks 15 of the industry’s biggest companies against ambitious environmental and social goals and finds fashion is falling short. from The Business of Fashion https://ift.tt/3tIcNJD

FAQs: The BoF Sustainability Index

The BoF Sustainability Index aims to create a transparent and trusted benchmark to track clearly defined, measurable progress towards achieving sustainability goals in the fashion industry. Answers to questions about the underlying methodology and approach may be found below. from The Business of Fashion https://ift.tt/3lAcDBp

Stores That Defined American Malls Bet on a Freestanding Future

from The Business of Fashion https://ift.tt/393SBKp

The Supply Chain Crisis: What Brands Are Doing About It

This week, everyone will be talking about worsening shipping and manufacturing delays, the launch of BoF’s Sustainability Index and Seoul Fashion Week. from The Business of Fashion https://ift.tt/3tMSlHP

The Year That Changed the World

A year after coronavirus lockdowns swept the world, BoF’s Imran Amed looks back at a period of sweeping change in conversation with leading voices from inside and outside fashion. from The Business of Fashion https://ift.tt/2P75yMy

Italian Jewellery Designer Elsa Peretti Dies, Aged 80

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

NFTs for Fashion: Fad or Opportunity?

A fast-moving market for digital collectibles offers people a new way to communicate status in their increasingly digital lives. How should fashion brands respond? from The Business of Fashion https://ift.tt/3cNNBut

Power Moves | Alexi McCammond Exits Teen Vogue, Les Wexner Leaves L Brands

This week, Les Wexner and Alexi McCammond depart their respective posts following controversy. from The Business of Fashion https://ift.tt/3s3ZCCw

Why Valentino’s New Brand Partner is a Gen Z Kenyan Comedian

from The Business of Fashion https://ift.tt/3rXBd1n

Burberry to Partner with Elle Digital Japan to Launch Virtual Store

from The Business of Fashion https://ift.tt/3vK60Rt

Holli Rogers Steps Down as Browns CEO to Focus on Position at Farfetch

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

Colombian Footwear Exports Down 41% in 2020

from The Business of Fashion https://ift.tt/3cMUM6j

The Pros and Cons of Selling Skin Care in Clinics

Going clinical can be a lucrative way for beauty brands to diversify their revenue streams, but not all businesses are cut out for it. from The Business of Fashion https://ift.tt/2ONjdbI

Shenzhen Plans to Be a Duty Free Retail Hub

from The Business of Fashion https://ift.tt/38ZuPPQ

Walmart Opens Marketplace to Non-US Vendors in Strategy Shift

from The Business of Fashion https://ift.tt/3lzJg1V

Stilettos, Sneakers and Doc Martens Are Creating Ultra-Wealth

from The Business of Fashion https://ift.tt/3tF4wWL

The Climate Fix: Addressing Fashion’s Emissions Problem

The fashion industry is one of the most potent polluters on the planet. BoF assesses companies’ efforts to address their contribution to dangerous climate change in the latest in a series of articles examining the findings of The BoF Sustainability Index. from The Business of Fashion https://ift.tt/3c0qwpe

Japan’s H2O Retailing to Open Department Store in China

from The Business of Fashion https://ift.tt/2ONel6o

India on Course to Become Hub for Lab-Grown Diamonds

from The Business of Fashion https://ift.tt/3r24iaP

What Happened to the Fashion Podcast Boom?

Brands and retailers launched a panoply of podcasts, with little to show for it in most cases. A new wave of brands have different expectations. from The Business of Fashion https://ift.tt/2ONz7Tp

Rivals Alibaba and Tencent Join Forces to Combat Slowing Growth

from The Business of Fashion https://ift.tt/3r36r5X

Chinese Sportswear Giant Li Ning’s 2020 Revenue Up 4.2%

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

Co-Founders of Latin American Online Fashion Giant Dafiti Step Down

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

Fashion Mogul Fights Sex Charges From Within Prison — Using a Cell Phone and TV

from The Business of Fashion https://ift.tt/3luVJ78

Incoming Teen Vogue Alexi McCammond Exits

from The Business of Fashion https://ift.tt/3eV6JJQ

Wexner Era Ends at L Brands

Les Wexner and his wife, Abigail, won’t stand for re-election to the board in May, marking the end of a six-decade era for a retail empire now in transition. from The Business of Fashion https://ift.tt/3bZ9gR9

YouTube to Roll Out Short-Form Video Service in US to Take on Tiktok

from The Business of Fashion https://ift.tt/3rZ8jhi

Pyramid Management Group Tries to Hang On With Debt Storm Swirling

from The Business of Fashion https://ift.tt/3lr7wDx

Waldencast Acquisition Corporation Goes Public via SPAC

from The Business of Fashion https://ift.tt/3qYPny6

Stone Island and New Balance Set Multi-Year Collaboration Deal

from The Business of Fashion https://ift.tt/3lsH7VO

India’s Kalyan Jewellers IPO Loses Shine, Sees Tepid Demand

from The Business of Fashion https://ift.tt/3lx2ipF

What People in China Are Buying Right Now

As the mainland’s retail sales surge, brands need to tap into high-performing categories across fashion, accessories and beauty to keep up with local upstarts. from The Business of Fashion https://ift.tt/3cMJOxl

L Brands Founder Leslie Wexner to Step Down From Board

from The Business of Fashion https://ift.tt/3vEJt8z

Snapchat Acquires Tech Startup Fit Analytics

from The Business of Fashion https://ift.tt/2OIbgo0

Adidas, Peloton Form Partnership To Tap Pandemic Fitness Demand

from The Business of Fashion https://ift.tt/2NrZfm2

Swatch Group Sees Catch-Up Effect on Sales in Asia, US

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

Indian Apparel Retail Expects Full Recovery by Next Year

from The Business of Fashion https://ift.tt/38QjFws

Uniqlo Parent Company Inks Deal with Mercari Marketplace

from The Business of Fashion https://ift.tt/3cI7X8l

Shinsegae, Naver Make $221 Million Stock Swap Deal

from The Business of Fashion https://ift.tt/3qYQ7Dk

Shares of Thai Beauty Firms Jump on Cannabis Plans

from The Business of Fashion https://ift.tt/2P8gzNl

Baidu Raises $3.1 Billion From Second Listing in Hong Kong

from The Business of Fashion https://ift.tt/2Ns9tTt

Pinduoduo Founder Colin Huang Steps Down

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

Amazon Bets on Indian Beauty Brand

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

The Risky Business of Emerging Manufacturing Hubs

The pandemic is not the only cause of disruption to global supply chains. From Myanmar to Ethiopia, civil unrest and political conflict are impacting suppliers used by brands like H&M and Benetton. from The Business of Fashion https://ift.tt/2NtuYn3

Why So Many Fashion Brands Are Launching Right Now

Entrepreneurs have founded tens of thousands of new retail businesses during the pandemic, sensing an opportunity amid the upheaval. What will it take for these new brands and stores to succeed? from The Business of Fashion https://ift.tt/3vBz2mn

Justin O’Shea Debuts First Collection as DrizaBone Creative Director

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

UK Lawmakers Call for Crackdown on Companies With Supply Chain Links to Forced Uighur Labour

from The Business of Fashion https://ift.tt/38SjlgR

Nordstrom Launches Livestream Shopping Programme

from The Business of Fashion https://ift.tt/3lqm9GZ

Tailored Brands CEO Steps Down

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

Ralph & Russo Goes Into Administration

The British couture house will undergo a period of restructuring as the economic impact of Covid-19 takes a toll on business. from The Business of Fashion https://ift.tt/38Th59g

DTC vs Wholesale — Striking the Right Balance

In a fast-changing retail landscape, how and where should brands sell their products? This week, BoF unpacks the future of retail with a host of experts. from The Business of Fashion https://ift.tt/30RhK6D

Kanye West and Gap Have Billion-Dollar Ambitions for Yeezy Deal

The value of the new tie-up, which will hit stores this summer, could be worth as much as $970 million. from The Business of Fashion https://ift.tt/2Nvv0uG

Pinduoduo Quarterly Revenue More Than Doubles

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

Kanye West and Gap Have Billion-Dollar Ambitions for Yeezy Deal

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

Retail Sentiment in Thailand Up 43% in Feb

from The Business of Fashion https://ift.tt/3qZg2dY

Indian Apparel Manufacturers Strike Over Yarn Prices

from The Business of Fashion https://ift.tt/38RRzkK

What Makes the Perfect Influencer Collaboration?

A step further than a standard campaign, influencer-brand product collaborations connect with new and established audiences and are financially beneficial to both parties involved — and they’re becoming an increasingly effective tool in a brand’s marketing arsenal. from The Business of Fashion https://ift.tt/3cG4wPB

Question Time With Tory Burch

How do you do better? A year into the pandemic, the designer has never stopped looking for an answer. from The Business of Fashion https://ift.tt/38QgrsZ

British Style Bibles Are Rewriting the Fashion Media Rulebook

Dazed, The Face and i-D are adopting new strategies to build upon and future-proof their legacies in a post-pandemic world. from The Business of Fashion https://ift.tt/3trXCUJ

Luxury’s Southeast Asia E-Commerce Opportunity

Growing demand for luxury goods is coinciding with an e-commerce boom in key markets like Singapore, Indonesia and Thailand, but brands are behind the curve. from The Business of Fashion https://ift.tt/3tsZPzw

Op-Ed | Is Copying Always Wrong?

Young fashion designers should be free to imitate others, argues Eugene Rabkin. from The Business of Fashion https://ift.tt/2QcKoNw

Amiri Debuts Annual Fashion Incubator Programme

from The Business of Fashion https://ift.tt/3vwSjp5

Shiseido to Shutter Youth-Focussed Waso Brand in Japan

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

Apocalyptic Sandstorms Linked to Cashmere Industry?

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

Indian Entertainment Giant Is Getting Into the Fashion Business

from The Business of Fashion https://ift.tt/2OJJ5VL

Chanel Launches ‘Next Prize’ and Culture Fund

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

Pandemic Unleashes New Big-Box Era

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

Somali Supermodel Iman on the Struggle for Representation in Fashion

The Black model and entrepreneur speaks with BoF editor-at-large Tim Blanks about paving the way for a more inclusive fashion industry — and the work that remains to be done. from The Business of Fashion https://ift.tt/3toW2mG

China Market Regulator Clamps Down on Live-Streaming E-Commerce

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

Dafiti Reports 31% Net Merchandise Growth Across Latin America in 2020

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

Reports: Chinese Government Pressures Alibaba to Divest Media Assets

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

Glass Magazine Launches Chinese Edition

from The Business of Fashion https://ift.tt/3bNgg3v

India’s Joint Fashion Week Experiment Kicks Off

from The Business of Fashion https://ift.tt/3bQX0lV

Walmart Appoints Brandon Maxwell Creative Director of Scoop, Free Assembly Brands

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

Zalando Aims for More Than 10% of Europe Fashion Market

from The Business of Fashion https://ift.tt/30KVzPx

Max Mara Called Out on China’s Consumer Rights Day

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

Hunter Appoints New CEO

from The Business of Fashion https://ift.tt/3tprj97

Where Do Fast Fashion’s Giants Go From Here?

The pandemic has radically shifted the retail landscape, creating new challenges for incumbents H&M Group and Zara-owner Inditex. from The Business of Fashion https://ift.tt/3tnfX5j

What A New Wave of Italian M&A Means for Fashion

Italian fashion entrepreneurs are adding new brands to their stables. How could recent deals like OTB’s acquisition of Jil Sander and Moncler’s purchase of Stone Island shift the sector? from The Business of Fashion https://ift.tt/3cH4Xt8

Gucci Is Selling $12 (Virtual) Sneakers

As talk around NFTs heats up, the luxury house is teaming up with AR fashion platform Wanna to expand further in the digital product space. from The Business of Fashion https://ift.tt/3vvWKAk

At Gap, How Community Culture Powers Creative Output

BoF sits down with Gap’s VP global creative director Len Peltier to hear how the apparel company uses its creative campaigns to represent and engage its community. from The Business of Fashion https://ift.tt/3bOmKPy

Chinese-Owned Garment Factories in Myanmar Attacked

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

Zalando’s Outlook for 2021 Revenue Growth Well Above Market Expectations

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

Thom Browne Talks His Style of Repetitive Radicalism

Browne’s designs don’t rely heavily on fashion references, and instead strive for something new. He discusses his aesthetic, positioning and personal history with BoF editor-at-large Tim Blanks. from The Business of Fashion https://ift.tt/3vv5g2q

Chinese Regulators Squeeze Online Lending, Debt-Powered Spending

from The Business of Fashion https://ift.tt/3eFt9yt

Tokyo’s Rakuten Fashion Week Kicks Off

from The Business of Fashion https://ift.tt/2NkK26r

Labour Rights Groups Call on Brands to #PayYourWorkers

from The Business of Fashion https://ift.tt/3vsSL7R

China’s New Expo in Hainan Attracts Global Brands

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

Alyx Taps Korean Stylist Xin for Collaboration

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

Clarks Replaces CEO After LionRock Acquisition

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

H&M Sales Decline Less Than Expected in First Quarter

from The Business of Fashion https://ift.tt/3cy9KwB

How I Became… A Fashion Photographer

With a client base that includes Nike, Apple and Gucci, the New York Times, Dazed and Vogue, Stephen Tayo advises aspiring photographers to ‘dare to build on their community’. from The Business of Fashion https://ift.tt/3cyoY4Y

Levi’s, Benetton Among Brands Expanding India Retail Footprint

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

Brand Equity Can’t Be Borrowed

The ‘brandless’ movement has come for fashion, with retailers like Italic and Few Moda selling goods made in the same factories as legacy labels. But an association with a legacy name isn’t enough to build a brand. from The Business of Fashion https://ift.tt/3rOVOF8

The Revenge Shopping Opportunity

When China lifted its lockdowns, consumers went on a shopping spree that immediately boosted revenue for some brands. Will newly vaccinated consumers in the US and Europe do the same? from The Business of Fashion https://ift.tt/38EEqeE

Announcing Craig Green, Skims and CreateMe

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/3bMqukP

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Comme des Garçons, Ralph Lauren and Dover Street Market. from The Business of Fashion https://ift.tt/3vphlqc

Careers Counsel | How to Help Women of Colour With Burnout

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/3qTnyY0

Mulberry to Resell Old Bags on Vestiaire Collective

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

China Jan-Feb Retail Sales Rise Almost 34%

from The Business of Fashion https://ift.tt/3cqjn0s

Where Will Americans Spend Their Stimulus Checks?

This week, everyone will be talking about a potential stimulus-driven shopping spree in the US, the start of Rakuten Fashion Week in Tokyo and Nike’s financial results. from The Business of Fashion https://ift.tt/3ez3I1y

In-Person Trade Shows Set to Make a Comeback This Summer

from The Business of Fashion https://ift.tt/3vn9ycf

Amazon Ordered to Close Canadian Facility on Covid-19 Outbreak

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

Italy’s Benetton Group Suspends New Orders from Myanmar Suppliers

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

Why Big Brands Are Skipping Fashion Week

From Gucci to Saint Laurent, some of the industry’s biggest brands opted out of fashion week again this season. Will they come back? from The Business of Fashion https://ift.tt/3coezbS

What Happens Now to the Business of the Monarchy?

Both a clan and a cultural institution, the royal family is also a business with a very specific, controlled brand that is intertwined with the business of fashion. On the latest episode of The BoF Podcast, Imran Amed is joined by author and royal-watcher Elizabeth Holmes to dissect how the royal family’s brand has been impacted by Meghan and Harry’s explosive interview with Oprah Winfrey. from The Business of Fashion https://ift.tt/38wNUbI

Power Moves | Zegna Taps Asia Advisor, Herschel Names New CEO

This week, Zegna appoints Angelica Cheung to advisory role, while Jon Hoerauf is named chief executive at Herschel. from The Business of Fashion https://ift.tt/3l8Qv0C

Nike Announces 2025 Targets for Diversity and Sustainability

from The Business of Fashion https://ift.tt/3rDcbV4

Rakuten to Raise $2.2 Billion as Japan Post, Tencent Invest

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

What Beauty Products Will Consumers Buy in 2021?

Beauty companies preparing for post-pandemic life have accepted that skin care and natural makeup are here to stay — but are still plotting a colour cosmetics comeback. from The Business of Fashion https://ift.tt/3t6lQUq

Burberry Says Sales Up By Roughly 30 Percent Since December

from The Business of Fashion https://ift.tt/3vf8JlH

A New Playbook for DTC Brands

Topicals’ Olamide Olowe and Claudia Teng and Parade’s Cami Téllez dissect what sets their start-ups apart from the first generation of online brands. from The Business of Fashion https://ift.tt/3exj86g

A Record Fine for Alibaba Predicted Over Alleged Anti-Trust Breaches

from The Business of Fashion https://ift.tt/3l7Qqud

Dior’s Pre-Fall Collection to Make Runway Debut in Shanghai

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

Brands Say They Want to Keep Workers Safe. Not All Are Willing to Pay for It.

Walmart and other large fashion retailers tout their progress on worker safety to consumers. But suppliers say they’re often on their own when it comes to improving factory conditions. from The Business of Fashion https://ift.tt/38yv7g9

Why Condé Nast Has Stood By Teen Vogue’s Alexi McCammond

Despite the botched announcement, her exit at this point would potentially create more problems for the publisher. from The Business of Fashion https://ift.tt/3bEBHUt

What Happened to Fashion Week in Four Charts

In recent years, hundreds of designers have stopped showing at fashion weeks in New York, London, Milan and Paris. BoF analysed two years of shows to understand the scale and shape of the exodus. from The Business of Fashion https://ift.tt/3cs8HOK

Vietnam’s Textile and Apparel Industries Pivot to Sportswear

from The Business of Fashion https://ift.tt/3vglP21

Perfect Diary Parent Sees Net Revenues Rise 71.7% in Q4

from The Business of Fashion https://ift.tt/3rHr88y

Biden Signs $1.9 Trillion Covid-Relief Bill

from The Business of Fashion https://ift.tt/3l7Tgz8

Twitter’s Clubhouse-Style Feature ‘Spaces’ To Go Live in April

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

Ulta Beauty Names Dave Kimbell as new CEO, Misses Share Target

from The Business of Fashion https://ift.tt/3rGaJ4q

Dull Poshmark Revenue Forecast Sends Shares Down

from The Business of Fashion https://ift.tt/3evQF0U

Exclusive: Hermès Bets on Mushroom ‘Leather’

The leather-goods powerhouse is testing alternative materials in a break with tradition, reimagining its ‘Victoria’ travel bag in a lab-grown substitute. from The Business of Fashion https://ift.tt/3t90c1L

A New Playbook for DTC Brands

Topicals’ Olamide Olowe and Claudia Teng and Parade’s Cami Téllez dissect what sets their start-ups apart from the first generation of online brands. from The Business of Fashion https://ift.tt/2OGW1vs

Facebook Rolls Out Tools to Help Creators Monetise Videos and Livestreams

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

China’s JD.com Cashes in on Steady Online Demand, Beats Market Expectations

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

How Niche Beauty Brands Can Attract Investment from China

As interest in smaller international beauty brands intensifies among Chinese consumers, local investors are getting excited by the category. Here’s how to capitalise on the opportunity. from The Business of Fashion https://ift.tt/3qD7OZ1

Kohl’s Cuts Director Nominees From Nine To Five

from The Business of Fashion https://ift.tt/38u8bP3

India’s Biggest Jeweller IPO Opens Next Week as Economy Recovers

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

Zozotown to Unveil Luxury E-Commerce Portal

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

Versace Taps Wu Xuanyi as Its New China Ambassador

from The Business of Fashion https://ift.tt/3t9H97H

#BoFLIVE: For Brands, Is Resale Actually Worth It?

The secondhand market is booming, and a growing number of labels are piling in. Exclusively for BoF Professional members, a host experts break down how to make a profit selling pre-worn trousers and handbags online. from The Business of Fashion https://ift.tt/3t7NWyH

Peacebird Group Reports 29% Net Profit Growth

from The Business of Fashion https://ift.tt/3euF7uK

Marks & Spencer to Sell Rival Fashion Brands Online in Revamp

from The Business of Fashion https://ift.tt/3rx2oQp

Hugo Boss Expects Gradual Recovery From Second Quarter

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

Majid Al Futtaim Opens $708 Million Retail Hub in UAE

from The Business of Fashion https://ift.tt/2N5ucwc

Coupang Raises $3.5 Billion Ahead of IPO

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

Garment Worker Wage Theft Widespread in Wake of Pandemic

from The Business of Fashion https://ift.tt/3qE1LDg

Ulta Pauses Advertising with Teen Vogue Over Editor’s Tweets

from The Business of Fashion https://ift.tt/30yVwGc

The New Four Ps of DTC Marketing — Download the Case Study

The direct-to-consumer fashion and beauty space has flourished over the last decade, but the once fool-proof marketing rubric has aged in that time. BoF outlines how to update the DTC marketing playbook so brands can break through the saturated market. from The Business of Fashion https://ift.tt/3qCg1we

Mind-Expanding Fashion Experiments

At Paris Fashion Week, new digital formats delivered some surprisingly successful results, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/3bC355A

Is Prada Ready to Take Off?

The company suffered more than some rivals during the pandemic, but with sales accelerating in key markets and star designer Raf Simons on board, there is optimism behind the brand. from The Business of Fashion https://ift.tt/3rNnTMM

At Louis Vuitton, Nicolas Ghesquière’s Newfound Ease

The designer’s latest collection was as high concept as ever, but the outcome felt fresh, even spontaneous, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/3rCB1UW

Tod’s Said It’s Positive on 2021 Sales After Pandemic-Driven Loss

from The Business of Fashion https://ift.tt/3byQgJ6

Kering’s Francois Pinault Becomes Latest Luxury Tycoon to Plow Into SPACs

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

Workers at H&M India Supplier Allege Widespread Sexual Abuse

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

The Future of Buying

As the pandemic has remodelled the retail landscape, buyers have found different ways to operate in the digital-focused era while utilising data to look beyond just demographics and sizing to focus on consumer experiences within social media to retail spaces. from The Business of Fashion https://ift.tt/3kZNjo4

Prada Profits Recover in Second Half After Virus-Driven Slump

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

Nuorder Raises $45 Million, Natalie Massenet Joins Board

from The Business of Fashion https://ift.tt/3l35pW9

Next Buys 25% Stake in Reiss

from The Business of Fashion https://ift.tt/3t4JhNZ

Levi’s Names New Board Chair

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

Chinese Fast Fashion Giant to Sell $69 Million in Assets

from The Business of Fashion https://ift.tt/3t3kaeo

B2B Platform NuOrder Raises $45 Million in Latest Funding Round

from The Business of Fashion https://ift.tt/3rAIi7N

Inditex’s Net Profit Falls 70% as Pandemic Keeps Many Shops Closed

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

Adidas Expects Strong Rebound, Takes Reebok Hit

from The Business of Fashion https://ift.tt/3t4sIlh

Angelica Cheung Takes on Strategic Advisory Role for Zegna

from The Business of Fashion https://ift.tt/3vdM09U

South Korea’s Department Store Sales Exceed Pre-Pandemic Levels

from The Business of Fashion https://ift.tt/3qC3EjU

The State of Fashion 2021: Reality Check

An update to The State of Fashion 2021, published by BoF and McKinsey & Company, reveals that recovery could be slower than expected for the fashion industry in Europe, with bright spots in the US and China. from The Business of Fashion https://ift.tt/3rylWnj

Influencers Take on Yet Another Role: Store Merchant

A new wave of retailers is relying on tastemakers not only to promote products — but to curate them, too. from The Business of Fashion https://ift.tt/38rHzhH

Pinduoduo Releases Female E-Commerce Consumption Report

from The Business of Fashion https://ift.tt/38rWVmp

Taipei Kicks Off 2021′s First Entirely Physical Fashion Week

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

Ferragamo Flags Early 2021 Improvement After Full-Year Loss

from The Business of Fashion https://ift.tt/3l20q80

Pitti Immagine Announces Summer Calendar for Physical Events

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

Norma Kamali on Rebelliousness, Creativity and How She Made a Lasting Business

After the release of her new book, I Am Invincible, designer Norma Kamali sat down with BoF’s chief correspondent Lauren Sherman to talk about the inception of her brand, its evolving purpose and plan, creativity and ageing. from The Business of Fashion https://ift.tt/3t2pezz

Vaccine Optimism Boosts Luxury

Data from an Israeli study that showed vaccines’ effectiveness is curbing the coronavirus pandemic gave luxury shares a welcome shot in the arm this month. from The Business of Fashion https://ift.tt/30rSq70

Bruce Usher, Imruh Asha Among New Appointments at Dazed

from The Business of Fashion https://ift.tt/3qCa6aQ

#BoFLIVE: The Future of DTC

The direct-to-consumer fashion and beauty space has flourished over the last decade, but the once fool-proof marketing rubric has aged in that time. Exclusively for BoF Professional members, a host of experts outline how to update the DTC marketing playbook so brands can break through the saturated market. from The Business of Fashion https://ift.tt/2MZOk2L

Nike Replaces Executive Who Left After Report on Son’s Business

from The Business of Fashion https://ift.tt/3sXjC9Q

Ralph Lauren Eyes Resale

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

Boohoo Plans to Open Leicester Factory

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

Arezzo & Co Profits Up in Q4 but Down for Full Year

from The Business of Fashion https://ift.tt/3kVENq8

Net-a-Porter Launches Localised Platform for Middle East

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

Saudi Retailers Acquire 51% of Vogacloset

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

Thom Browne’s Olympic Escape

The designer’s latest collection united his love of extreme tailoring with his love of extreme sports, reports Tim Blanks. from The Business of Fashion https://ift.tt/2PMV2u9

Malaysia Reports Lowest Retail Sales in 22 Years

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

Unilever Bans the Word ‘Normal’ From Its Marketing as Part of a Wider Inclusivity Push

from The Business of Fashion https://ift.tt/3btyW8v

Have We Reached Peak Royalty?

The Duke and Duchess of Sussex’s bombshell interview with Oprah Winfrey may have changed the way many perceive the royal family. But it likely won’t stop people from shopping like them. from The Business of Fashion https://ift.tt/38kzCLq

Is a New Model for Manufacturing Finally Here?

Ethical denim-maker Saitex’s automated facility in California is a sign that localised, just-in-time manufacturing may be poised for widespread adoption. from The Business of Fashion https://ift.tt/30pK0wV

Aesop and The Body Shop Making China Market Moves

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

Hedi Slimane Solo Exhibition Coming to Shanghai

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

Teen Vogue Staff Publishes Letter Condemning New Editor in Chief’s Past Tweets

Alexi McCammond, a former Axios reporter, posted tweets nearly a decade ago that included Asian stereotypes. She has apologised. from The Business of Fashion https://ift.tt/2O7w1cK

Alexander Wang Responds to Sexual Harassment Accusations: “I Will Do Better”

from The Business of Fashion https://ift.tt/3sTMP5E

At Dior, Don’t Look in the Mirror

Fairy tales were at the dark heart of a collection that encouraged activism over narcissism, writes Tim Blanks. from The Business of Fashion https://ift.tt/2OxYKY3

EssilorLuxottica Bid for GrandVision Poised for EU Approval

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

Gap Is Said to Weigh Sale of China Business as Sales Lag Behind

from The Business of Fashion https://ift.tt/3v96XT2

Herschel Supply Co. Recruits CEO from Arc’teryx

from The Business of Fashion https://ift.tt/3qoi1IF

The Definitive Guide: How to Build a Sustainable Fashion Brand

What does it take to build a fashion brand that is good for the planet, the people in it and still makes business sense? BoF’s five-part online series lays out the framework for building a responsible fashion business. from The Business of Fashion https://ift.tt/38iRPIY

At Givenchy, Matthew Williams’ Ground Zero

The designer’s first physical show for the house was less sensual than tough, but under the industrial cool there was an artisanal warmth, writes Tim Blanks. from The Business of Fashion https://ift.tt/3rrpV57

H&M Pauses Placing New Orders in Myanmar

from The Business of Fashion https://ift.tt/30ouK3i

Chinese Beauty Brands Continue to Attract Investment

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

Reports: Shinsegae, Lotte Among eBay Korea’s Potential Buyers

from The Business of Fashion https://ift.tt/3kT7m7w

Christian Louboutin Sells 24% Stake to Exor for €541 Million

from The Business of Fashion https://ift.tt/3cdxh5N

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Richemont, Vestiaire Collective and Shrimps. from The Business of Fashion https://ift.tt/3bnuhor

Careers Counsel | How to Negotiate a Fair Wage for an Internal Promotion

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/30mMTi2

Announcing Cybex and Linda Gaunt Communications

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/3ejw3ZG

In Retail, Discovery Is Dying

The unbundling of iTunes and the algorithmic echo chambers of Facebook have spilled into retail, robbing consumers of surprise and serendipity, but there is opportunity in this state of affairs, argues Doug Stephens. from The Business of Fashion https://ift.tt/3kTWkPg

Jonathan Anderson’s Radical Fashion Experiment Is Over (Almost)

The designer’s boxes radically changed the way fashion collections were presented during year one of the Covid crisis. How does the creative director of JW Anderson and Loewe see the future of fashion? from The Business of Fashion https://ift.tt/2OeX6dP

The New Generation of Cool Hunters

Instagram accounts cataloguing fashion archives, images and inspiration have gained momentum with the subscription boom. from The Business of Fashion https://ift.tt/3rsXGD4

Dior Names Blackpink’s Jisoo New Global Fashion and Beauty Ambassador

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

Chinese Omnichannel Partner for High End Beauty Brands Raises $100 Million

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

Kanye West Is ‘Focused’ on Apparel Line Launch, Gap CEO Says

from The Business of Fashion https://ift.tt/3bmqYO7

The Obstacle Standing Between Retailers and Recovery

This week, everyone will be talking about widespread transport delays, the tail end of Paris Fashion Week and Adidas earnings. from The Business of Fashion https://ift.tt/3c1TQu8

Natura Fourth-Quarter Net Profit Beats Expectations

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

HBC To Launch Saks Fifth Avenue’s Online Business as Separate Entity

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

How Birkenstock’s CEO Jilted an Ex-Goldman Star

The story behind the negotiations that led L Catterton to buy the footwear maker for more than €4 billion. from The Business of Fashion https://ift.tt/38e2MMc

Resale or Rental: Where Should Brands Place Their Bets?

This week, luxury titans Kering and Ralph Lauren signalled growing interest in new ‘sharing economy’ consumption models. from The Business of Fashion https://ift.tt/38cnaNJ

Condé Nast Releases Employee Demographic Report

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

Unraveling Kering’s Investment in Vestiaire Collective

Vestiaire Collective’s chief executive Max Bittner opens up about the resale platform’s big deal with the French luxury group. from The Business of Fashion https://ift.tt/2O4lRJM

US Labour Report Shows Fashion Retailers Shed Jobs in February

from The Business of Fashion https://ift.tt/30fNxxJ

Teen Vogue Hires Axios’ Alexi McCammond as New EIC

from The Business of Fashion https://ift.tt/38aPpwg

Hudson’s Bay Spins Off Saks’ E-Commerce Business

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

Egyptian Textile Exports Down 29%, but Sector Attracts Investment

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

UK Politicians Call on Boohoo to Ramp Up ESG Efforts, Transparency

from The Business of Fashion https://ift.tt/30f4N6f

Is There KVD Beauty Without Kat Von D?

LVMH’s Kendo is revamping the brand, hoping to move past the departure of its controversial founder. But rapidly changing beauty trends and stiff competition may prove even bigger hurdles. from The Business of Fashion https://ift.tt/3bhtdlS

UK’s Frasers Flags Possible Store Closures After ‘Near Worthless’ Government Support

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

South Korea’s January E-Commerce Sales See 22% Boost

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

Havaianas Reports Record 2020 Sales Despite Pandemic

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

Dolce & Gabbana Shutters Three Stores in China

from The Business of Fashion https://ift.tt/3bguae7

K-Beauty Brand Etude House Facing Capital Impairment as Losses Widen

from The Business of Fashion https://ift.tt/3qs06kp

Fendi Wins Chinese Court Judgement Against ‘Fake’ Stores

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

OTB Group Acquires Jil Sander

The owner of Diesel and Margiela is acquiring the label from Japanese fashion group Onward. from The Business of Fashion https://ift.tt/3qiDv9J

Lebanese Designers Still Suffering From ‘Triple Crisis’

Elie Saab and Rabih Kayrouz, who both present tomorrow during Paris Fashion Week, are more insulated than most Lebanese designers hit by last year’s economic collapse followed by explosions and the pandemic. from The Business of Fashion https://ift.tt/30em67x

How Government Regulation Could Hurt Boohoo’s Ambitions

A customs investigation into forced labour allegations has brought the future of Boohoo’s US business into question, in what could become a rude awakening for fashion brands everywhere. from The Business of Fashion https://ift.tt/3c3UkQD

China Exempts Almost All Imported Cosmetics From Animal Testing

from The Business of Fashion https://ift.tt/30bzjOm

Why the Era of the Model-Activist Is Here To Stay

As young consumers demand brands reflect their values, companies are increasingly turning to ambassadors with platforms on issues from social justice to environmentalism. But striking an effective partnership can be tricky for both parties. from The Business of Fashion https://ift.tt/2O3Xax1

Alibaba’s Former CEO Bets $15.4 Million on Shein for Swimwear

from The Business of Fashion https://ift.tt/3c5hB4v

Gap Forecasts Return to Sales Growth on Athleta Boost, Vaccine Roll-Out

from The Business of Fashion https://ift.tt/3ec4UHY

Dolce & Gabbana Has Sued Diet Prada for Defamation

The creators of the Instagram account filed a defence in Italian court earlier this month, indicating the brand had ‘a lack of standing.’ from The Business of Fashion https://ift.tt/3bhbsTE

Rick Owens: A Vision of Broken Glamour

Once again beamed from the Lido in Venice, the show allowed Owens to hone his very own fashion lexicon while tapping the spirit of his early days. from The Business of Fashion https://ift.tt/38d475J

Power Moves | Kate Spade Gets a Shakeup, Amazon Fashion Appoints New President

This week, Nicola Glass is exiting Kate Spade amid a broader reorganisation, while Muge Erdirik Dogan takes the reins of Amazon Fashion. from The Business of Fashion https://ift.tt/30gp4sd

Dolce & Gabbana Sues Diet Prada for Defamation

The Italian luxury brand is suing the social media account for defamation. from The Business of Fashion https://ift.tt/3uU2pA2

Gap Adds Salaam Coleman Smith to Board of Directors

from The Business of Fashion https://ift.tt/30enIyc

Beyond GDP: How Sustainable Development Improves Human Wellbeing

University of Oxford professor Jan-Emmanuel De Neve discusses the power of measuring wellbeing and how this data can further considerations of GDP to include environmental and social elements. from The Business of Fashion https://ift.tt/3sJ3hFE

US Suspends Retaliatory Tariffs on UK Fashion and Textiles

from The Business of Fashion https://ift.tt/3bg4Q8n

Most Brands Ignored or Refused to Answer New York Times’ Questions About Diversity Progress

from The Business of Fashion https://ift.tt/2O0C0zU

Amazon Fashion Appoints Muge Erdirik Dogan President

from The Business of Fashion https://ift.tt/2Onj5zb

Susie Mulder Named Global Brand President for Timberland

from The Business of Fashion https://ift.tt/389zkqF

Kate Spade Creative Director Nicola Glass to Exit

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

Five Ways China’s E-Commerce Landscape Is Changing

From rethinking livestreams to doubling down on data in their supply chains, global brands need to keep up with local players to compete for a slice of China’s multi-trillion-dollar e-commerce market. from The Business of Fashion https://ift.tt/387AEdo

#BoFLIVE: DTC vs Wholesale — Striking the Right Balance

How and where should brands sell in 2021? Exclusively for BoF Professional members, a host of experts unpack best practices for striking the right balance between sales channels. from The Business of Fashion https://ift.tt/3e9B5Yn

L’Oréal Responds to Push for Natural Ingredients in Makeup

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

Estée Lauder Creates New Division to Oversee Diversity Promises

from The Business of Fashion https://ift.tt/2O05LAS

L’Oréal Unveils First Virtual Idol in China

from The Business of Fashion https://ift.tt/308oBIq

Shopee Owner Doubles Revenues, Plots LATAM Expansion

from The Business of Fashion https://ift.tt/3e4FrQJ

Hong Kong’s Harbour City Reports 28% Sales Drop

from The Business of Fashion https://ift.tt/3q9YgnW

Fan Chengcheng and Ouyang Nana are Givenchy’s Latest Brand Ambassadors

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

Goldman-backed secondhand clothing retailer ThredUp files for IPO

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

Can Versace Grow a Business as Big as Its Brand?

CEO Jonathan Akeroyd is betting that a new signature print and marble-clad store concept will speed the Italian fashion house’s recovery from the pandemic and help scale its business. from The Business of Fashion https://ift.tt/386Ap2e

Are Hats the New Sneakers?

Drawn by street cred and a sense of community, New York City youth are lining up for fast-selling fitted baseball caps with the same fervour they have for limited-edition sneakers. from The Business of Fashion https://ift.tt/3qfqgXk

At Affirm, Connecting Retailers to Consumers Through Shared Values

BoF hears why Affirm believes the values behind its Buy Now, Pay Later model are what enables it to connect retailers to consumers with a higher intent to purchase. from The Business of Fashion https://ift.tt/3sOw1gc

Under Armour Seeking Local Distribution Partner in India

from The Business of Fashion https://ift.tt/3883oCJ

Trump Tower Seeks More Than $1 Million in Rent From Shoemaker

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

Dries Van Noten’s Totality of Emotion

With a masterful melding of fashion and dance, the designer delivered a tightly edited collection that was at once old, new, pure and primal, reports Tim Blanks. from The Business of Fashion https://ift.tt/3qbHRzd

Pinterest Rolls Out New Advertiser Products

from The Business of Fashion https://ift.tt/386oKk5

Former Communications Firm Loughlin Joseph Will Relaunch as a Talent Agency for Journalists

from The Business of Fashion https://ift.tt/3v1SBEe

Dover Street Market Eyes Paris Expansion

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

Citigroup Seeks Longer Revlon Fund Freeze During Appeal Over Botched Payment

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

How To Use Data to Build a Better Brand

In a saturated and ruthlessly competitive retail market, companies need to be smart about leveraging data to engage consumers and understand trends. from The Business of Fashion https://ift.tt/3c1r7G3

The New Chloé, An Exercise in Orthodoxy

Gabriela Hearst’s debut was excellently executed, but the new Chloé looked like old Chloé, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/3qjtDN6

Britain Launches New Pandemic Loan Support Scheme

from The Business of Fashion https://ift.tt/3rcr1BS

Digital Shows Here To Stay as Fashion Week Gets a Makeover

from The Business of Fashion https://ift.tt/3c24tNT

The Face Debuts TikTok Talent Agency

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

Inside Gabriela Hearst’s New Chloé

The eco-minded entrepreneur and freshly installed Chloé designer talks to Tim Blanks about her new role and her creative vision for the French fashion house. from The Business of Fashion https://ift.tt/3867VFU

Coty Plans to Recycle Carbon into Perfume

from The Business of Fashion https://ift.tt/2OjetK6

Japan’s Mercari Partners with Alibaba in China

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

Kohl’s Lays Out Optimistic Outlook Amid Activist Pressure

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

Nordstrom Warns of Task To Dispose Excess Holiday Merchandise

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

Indonesia to Impose Import Duties on China, Bangladesh

from The Business of Fashion https://ift.tt/3uPnr2I

Gant Takes Direct Control of China Business

from The Business of Fashion https://ift.tt/3bTUM3X

Dubai Developer Emaar to Take Over Mall Unit as Virus Weighs

from The Business of Fashion https://ift.tt/307cafZ

Sales Surge 81% at K11 Malls in Hong Kong and China So Far This Year

from The Business of Fashion https://ift.tt/3qcfYY2

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

Solving Kering’s Gucci Problem

It’s a problem many competitors would kill to have. But as once-staggering growth begins to stall, the Italian megabrand would benefit from new aesthetic ideas, writes Luca Solca. from The Business of Fashion https://ift.tt/30kLuZv

Chinese Superstar Lu Han Secretly Founded a Fashion Brand

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

Online Demand Fuels Abercrombie & Fitch Profit Beat

from The Business of Fashion https://ift.tt/2NW6d2T

Amazon Issues Rare Apology in India

from The Business of Fashion https://ift.tt/3uKM00B

Global Cargo Traffic Jam Could Last Into 2022, Freight CEO Warns

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

Macy’s Cuts COO Role Amid Executive Shakeup

from The Business of Fashion https://ift.tt/303TUUC

Ralph Lauren Announces Subscription Rental Programme

from The Business of Fashion https://ift.tt/3uPf1bJ

Macy’s Kicks off $500 Million Debt Sale Amid Hot Junk Market

from The Business of Fashion https://ift.tt/3bReU6N

Retailer French Connection Seeks Buyout Offers as Suitor Backs Out

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

Fashion Sales Down 11% at South African Retailer Woolworths

from The Business of Fashion https://ift.tt/3uLmp7I

Online Demand Powers Kohl’s Holiday Sales, To Buy Back up To $300 Million of Shares

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

Chinese Beauty Giant To Acquire Eve Lom

from The Business of Fashion https://ift.tt/3e1kAOg

Target Same-Day Delivery, Store Pick-up Demand Fires up Holiday Quarter Sales

from The Business of Fashion https://ift.tt/3b7tffY

Nike Executive Departs Following Report About Son’s Sneaker Resale Business

from The Business of Fashion https://ift.tt/2NMvYD0

Hyundai Unveils Seoul’s Biggest Department Store

from The Business of Fashion https://ift.tt/3kC9RuM

E-Commerce in Middle East to Reach $50 Billion Next Year

from The Business of Fashion https://ift.tt/3e4CUpB

Spanish Unions Speak Up as Inditex Shuts Stores

from The Business of Fashion https://ift.tt/2Oa9sDM

German Retail Sales Tumble in January as Lockdown Bites

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

Hatem Alakeel Joins New Esquire Saudi Magazine

from The Business of Fashion https://ift.tt/3bWP5C6

Jack Ma Loses Title as China’s Richest Man After Coming Under Beijing’s Scrutiny

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

Boohoo Faces Request for US Import Ban Over Labour Concerns

from The Business of Fashion https://ift.tt/2PqwcA5

BoF Seeks Applicants for Black Journalists Fellowship

The Business of Fashion is seeking candidates for a six-month, part-time, paid reporting fellowship with our editorial team, designed to empower up-and-coming Black journalists. from The Business of Fashion https://ift.tt/3uJUZPz

Marine Serre, Wild Child of Paris

After a career surfing the zeitgeist, the rising star of Paris Fashion Week comes home to humanity for her latest collection, writes Tim Blanks. from The Business of Fashion https://ift.tt/302YYsr

Who Will Be Fashion’s First Clubhouse Star?

The traditional influencer playbook won’t work for brands experimenting with how to engage the audio-only social media app’s fast-growing user base. from The Business of Fashion https://ift.tt/3bR8GDJ

Redress Design Award Winner to Collaborate with Timberland

from The Business of Fashion https://ift.tt/3bQ88ya

Post-Black History Month, Group Writes Open Letter to Corporate Fashion Executives

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

In Milan, Post-Pandemic Polarisation

The action at Milan Fashion Week swung between extremes, all tomorrow’s parties and quiet hyper-classicism, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/3uInXPP

Mall Values Plunge 60% After Reappraisals Triggered by Bad Debt

from The Business of Fashion https://ift.tt/3q5wTeL

Kering Acquires 5% Stake in Vestiaire Collective

The investment is part of a $215 million funding round that values the resale site above $1 billion. It comes as luxury brands look to secure a seat at the table in the booming online resale space. from The Business of Fashion https://ift.tt/303OtVK

MatchesFashion CEO Exits, Maureen Chiquet to Lead in Interim

from The Business of Fashion https://ift.tt/381wCU2

Klarna Valued at $31 Billion After US Growth Stoked Investors

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

Instagram Debuts New ‘Live Rooms’ Feature

from The Business of Fashion https://ift.tt/3b4ITsP

More Allegations Come Out Against Alexander Wang

from The Business of Fashion https://ift.tt/37VMK9i

Rwanda to Host Commonwealth Fashion Council at CHOGM

from The Business of Fashion https://ift.tt/302bfNO

Global Fashion Group Outlines Growth Strategy

from The Business of Fashion https://ift.tt/3q0tWMB

Vaultier7 Invests in 111Skin

from The Business of Fashion https://ift.tt/3r7dxXN

Lotte, Shilla Duty Free to Exit Korea’s Incheon Airport

from The Business of Fashion https://ift.tt/2ZZ8LQa

Louis Vuitton, Fendi Close Stores in Hong Kong Mall After Rent Row

from The Business of Fashion https://ift.tt/3r9amyQ

Farfetch Officially Launches on Alibaba’s Tmall

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

Unpacking Fashion’s Updated Approach to Black History Month

Brands tried to show they were keeping promises made during last summer’s protests. Were they successful? from The Business of Fashion https://ift.tt/3kwAe5k

Francisco Costa’s Costa Brazil Acquired by Biotech Company Amyris

The acquisition gives Amyris another consumer brand and Costa Brazil the resources it needs to expand into new markets from The Business of Fashion https://ift.tt/3r7wo59

Beyond the Chunky Sneaker Craze: Fila’s Performance Pivot

The brand engineered a stellar revival after more than a decade of decline, hitting over $3 billion in sales in 2019. Now it’s looking to regain momentum with renewed focus on performance wear. from The Business of Fashion https://ift.tt/3dWIeLO

Is Victoria’s Secret Too Big To Fail?

The disgraced lingerie maker still has a firm grip on the market. from The Business of Fashion https://ift.tt/2NStz9A