Fashion World News

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Online Retailer Boohoo To Move to New Auditing Model for Suppliers

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Luxury’s Post-Pandemic Recoveries, Ranked

This week, European luxury’s biggest groups reported banner second quarter results. But some players are bouncing back much faster than others, revealing a market transformed by the pandemic. from The Business of Fashion https://ift.tt/2VnNalp

Marni’s Francesco Risso on Fashion After Isolation

Marni’s creative director reflects on the changes that must endure post-pandemic and the importance of emotion. from The Business of Fashion https://ift.tt/3rGHKhw

Capri Holdings Raises Annual Revenue Forecast on Luxury Rebound

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Boohoo to Move to New Auditing Model For Suppliers

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EssilorLuxottica Raises Full-Year Guidance as Sales Rebound

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Hermès Sales Return to Pre-Pandemic Levels on Luxury Appetite

Revenue more than doubled in the second quarter, with sales 33 percent high than in the same period in 2019. from The Business of Fashion https://ift.tt/2WsuTUC

Are Vaccine Mandates Coming to Fashion?

As the Delta variant spreads, brands and retailers must weigh a complex set of variables. from The Business of Fashion https://ift.tt/3xdpCwQ

Australia’s First Nations Fashion Designers Make a Mark

After years of marginalisation and underrepresentation, Indigenous designers are carving out new business opportunities in the Australian fashion sector. Is the industry doing enough to support them? from The Business of Fashion https://ift.tt/3ld7l0f

Being Black in Fashion Media

Agenda-setting Black fashion journalists Robin Givhan, George Wayne, Constance White, Lindsay Peoples Wagner and Pierre A. M’Pelé (aka Pam Boy) discuss their experiences in the industry. from The Business of Fashion https://ift.tt/3BYWJrM

Boohoo Founder Ordered to Give Evidence in US Fraud Case

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Makeup And Perfume Sales Boost L’Oreal Earnings As Lockdowns Ease

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Pinterest Earnings Beat Estimates As Ad Spend Booms

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Amazon Forecast Misses Estimates as Pandemic Online Bump Fades

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Power Moves | Former Hermès CEO Joins MycoWorks Board, Saks Off 5th Boosts E-Commerce Leadership

Patrick Thomas is the latest addition to MycoWorks’ board, while Saks Off 5th appoints former Amazon executive Shivi Shankaran chief operating officer of its e-commerce business. from The Business of Fashion https://ift.tt/3lbc9mP

Chanel Heir’s PE Vehicle Invests in Highsnobiety

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Aeffe to Acquire Full Control of Moschino

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Inditex Founder Family Office Pontegadea Posts 2020 Profit Fall

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From Facebook to Twitter, Big Tech Sees Social Commerce Driving Sales Growth

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Prada Sees Profits Recover as Sales Surge

The Milan-based brand’s first-half operating profit exceeded pre-pandemic levels as a turnaround gathers pace. from The Business of Fashion https://ift.tt/3zLFGaW

India Start-Up Nykaa Seeks $4 Billion Valuation in IPO

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Turkey’s E-Commerce Company Trendyol Valuation Set to Hit $16.5 Billion

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Sephora Says It Will Double Its Black-Owned Brands by Year’s End

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Puma Reaffirms Positive Outlook Despite Supply Chain Strain

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The Future of Payments

On the latest BoF Live, buy-now, pay-later experts discuss the customer-acquisition benefits of the payment option, as well as what the future of financing looks like for consumers and brands. from The Business of Fashion https://ift.tt/3x5H2vq

Unpacking Tiffany’s Contentious New Ad Campaign

The 184-year-old American jeweller’s is claiming it is “Not your mother’s Tiffany,” angering some customers on social media. That may mean everything is going according to plan for new owner LVMH. from The Business of Fashion https://ift.tt/3rEGZWl

How African Designers Are Finding Success by Tapping Into Their Cultural Roots

More designers from Nigeria, South Africa and other African countries are connecting with consumers in international markets by putting their cultures front and centre. from The Business of Fashion https://ift.tt/3f2UjPh

What Fashion Resale Can Learn from Cars and Consumer Electronics

As the secondhand fashion market grows, more mature resale markets in automotive and consumer electronics can offer lessons on how resale drives consumer engagement, affects brand positioning and may require outsourcing. from The Business of Fashion https://ift.tt/3j2n1ke

AZ Factory to Stage Fashion Show to Honour Late Designer Alber Elbaz

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Twitter to Let Retailers Add Products to Their Profiles in Shopping Push

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Saks Off 5th Names E-Commerce Chief Operating Officer

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The Post-Pandemic Opportunity in Fragrance

After a year of booming sales, the fragrance industry is turning its attention to the post-pandemic era, where shifts in product discovery, marketing and more will dictate the sector’s future. from The Business of Fashion https://ift.tt/3rEz3US

Shopify Beats Quarterly Revenue Expectations, Online Shopping Booms

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Former Hermès CEO Joins MycoWorks’ Board

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Fashion Label Maker SML Considers Hong Kong IPO

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Walmart’s Flipkart Asks India’s Top Court to Stall Antitrust Queries

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Chinese E-Commerce and Livestreaming Giant Mogujie Acquires RealShark Technology

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Shein’s Digital Supply Chain Provider Singbada Secures Investment

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As Armani Speculation Swirls, What’s Next for Italy’s Dealmaking Surge?

The current wave of mergers and listings is expected to grow as big groups like LVMH and Kering surge ahead and Italy’s last remaining luxury independents face pressure to bounce back from the pandemic while juggling succession planning and digital transformation. from The Business of Fashion https://ift.tt/2WhV0gX

Klepierre Says Revenues Started to Rebound in Q2 as Stores Reopened

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SMCP Q2 Sales Lag Pre-Pandemic Performance

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Latin American Trade Show Giant Colombiamoda Kicks Off in Colombia

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Moncler Sales Recover During Spring Quarter

The luxury outerwear brand grew 5 percent compared to 2019′s pre-pandemic level. from The Business of Fashion https://ift.tt/3eXwpoj

Lucas Ossendrijver to Design Capsule Collections for Theory

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Gucci’s Sales Climb Back Above 2019 Levels

Kering’s second-quarter results beat expectations despite the continued struggles in travel retail and wholesale. from The Business of Fashion https://ift.tt/3l39vQ0

Russia’s Wildberries Says Ukraine Sanctions Will Hurt Entrepreneurs, Not Company

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Retail Lessons from Shanghai’s Street Style Epicentre

Photogenic stores in charming retail districts with buzzy influencer culture like Wukang Road are good for pop-ups, but not right for every fashion brand seeking alternatives to China’s malls. from The Business of Fashion https://ift.tt/3x7rhEi

Covent Garden Landlord Writes Down Its London Estate Again as Demand Grows

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StockX Enters the Beauty Market

The platform is partnering with Revlon to launch its new collaboration with Megan Thee Stallion, bringing its scarcity model pricing to the beauty space. from The Business of Fashion https://ift.tt/3iPxLCK

New Wave of Brazilian Beauty Brands Go Global

Skincare and makeup brands with exotic botanicals and Millennial appeal are shaking up Brazil’s booming beauty market. Some of these ‘B-Beauty’ players have serious export potential. from The Business of Fashion https://ift.tt/3zGaREq

The Breakthrough Designer Rebooting Diesel

Glenn Martens speaks exclusively to Tim Blanks about re-energising the Italian denim brand, designing for his own label Y/Project and pushing people to rethink fashion. from The Business of Fashion https://ift.tt/3f1SlhX

Report: Selfridges to Be Put Up for Sale

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Gap’s Yeezy Partnership Grabs Media Attention

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LVMH’s Fashion Division Is Roaring Out of the Pandemic

Vuitton, Dior, Fendi, Loewe and Celine all delivered record sales and profitability in the first half of 2021. from The Business of Fashion https://ift.tt/2WsdtYx

Thredup Expands Into Europe With Remix Acquisition

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Ukraine Imposes Sanctions on Russian E-Tailer Wildberries

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Careers Counsel | How to Excel in a Competency-Based Interview

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/3iGECOI

Announcing Cath Kidston, Reference Studios and Vivrelle

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/3x6ADAf

Editors Are Flocking to Tech in Magazine Brain Drain

Today, editors increasingly see their spots at the top of mastheads as just another stepping stone. The most coveted next step is heading to a tech platform. from The Business of Fashion https://ift.tt/3BHQ8Cf

New York Fashion Week Will Be A Packed Return to Live Shows

The schedule, which CFDA released in an official capacity with IMG for the first time, includes a lineup of stalwarts as well as young designers. from The Business of Fashion https://ift.tt/3i0ikbA

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Stella McCartney, Proenza Schouler and Mytheresa. from The Business of Fashion https://ift.tt/3i41jNL

Careers Counsel | How to Excel a Competency-Based Interview

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/3rz9wwo

Fashion’s Last Mile Opportunity — Download the Case Study

The final segment of the e-commerce supply chain — getting orders to customers’ homes — is often the most difficult. From warehousing to speedy delivery, BoF dissects the components of a successful shipping strategy. from The Business of Fashion https://ift.tt/2TCYl9y

Armani Sales Bounce Back in Pandemic Rebound

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How Luxury’s Two-Speed Recovery Is Reshaping the Category

This week, everyone will be talking about quarterly results from luxury’s biggest players, plus the latest fashion brands looking to go public. from The Business of Fashion https://ift.tt/3BOtpV8

Singapore Retailers Hit Hard by Increased Covid Restrictions

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Sephora Acquires UK Prestige Beauty E-Tailer Feelunique

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LVMH’s Landmark Virgil Abloh Alliance, Explained

This week, LVMH bought a majority stake in the Off-White trademark from Virgil Abloh in a deal designed to tie the polymathic creative director to the group long-term. from The Business of Fashion https://ift.tt/3kNsP3K

India Court Quashes Amazon, Walmart’s Flipkart Bid to Stall Antitrust Probe

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How to Integrate Immersive Experiences into Physical Stores

Ssense’s Krishna Nikhil and 2PM’s Web Smith talk strategies for making physical retail exciting at The BoF Professional Summit: What’s a Store For? from The Business of Fashion https://ift.tt/2V0raNr

Louis Vuitton Terminates Contract With Kris Wu Following Police Investigation

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Marc Jacobs Beauty Looks Beyond LVMH’s Kendo

A licensing agreement with the manufacturer ends later this year, fuelling speculation about what’s next for the brand. from The Business of Fashion https://ift.tt/2Ttcoyf

A Guide to Bilibili, China’s Gen-Z Hangout

The video streaming platform has attracted Louis Vuitton, Nike and others looking to recruit the next generation of Chinese consumers. But brands need to understand its unique community to avoid making mistakes. from The Business of Fashion https://ift.tt/3rtl7wY

Vogue Italia Editor Emanuele Farneti Exits Amid Consolidation

His departure follows that of many of his editor-in-chief counterparts, including leaders in Germany, Spain and India. from The Business of Fashion https://ift.tt/3hXZhPb

Power Moves | Vogue Italia Editor Exits, AllSaints 10-Year Creative Director Departs

Emanuele Farneti is the latest international Vogue editor to step down, while Wil Beedle will leave the British fashion retailer from The Business of Fashion https://ift.tt/3i03W3c

Audrey Hu Named Vogue China’s Fashion Director

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Audrey Hu Named Vogue China’s Fashion Director

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Vogue Italia Editor Emanuele Farneti Exits Amid Consolidation

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Fashion Boss Cucinelli Offers Vaccine Holdouts 6 Months Paid Leave

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Roc Nation and Modern Luxury Media to Partner on New Platform

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Wil Beedle Departs AllSaints After 18 Years

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India’s Tata Gets Bullish on E-Commerce Just as Rules Threaten to Transform Market

Recent government proposals for increasing scrutiny of relationships between online marketplace operators and their partners could curb the dominance of e-commerce giants. from The Business of Fashion https://ift.tt/3hSPqdo

China’s Secoo to Open 300 Physical Spaces

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Fake Crocs Are Being Fought by the Maker of the Real Comfy Clogs

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Australian Regulator to Probe Amazon, Ebay Among Online Markets

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India Watchdog Accuses Amazon of Concealing Facts in Deal for Future Group Unit

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The New Wave of Labour Litigation Facing Fashion

Labour activists have long claimed that brands can’t be trusted to self-regulate. Now, a series of lawsuits are opening a new frontier in efforts to hold brands accountable for abuses in their supply chains. from The Business of Fashion https://ift.tt/3iv3ZTw

Fashion’s Evolving Approach to the Olympics

An Olympics apparel partnership has long offered unparalleled brand visibility and prestige. But the unusual circumstances of this year’s games will bring changes that will last beyond Tokyo. from The Business of Fashion https://ift.tt/3rtzq4U

De Beers Group Consolidates Brand Leadership

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The State of Fashion — Watches and Jewellery

The authors of BoF and McKinsey & Company’s Watches and Jewellery report unpack their findings and forecasts for the future of the two sectors. from The Business of Fashion https://ift.tt/3roiDA7

Botox Beauty Bars Are Seeing a Zoom Boom

After years of steady growth, medical spas such as Ject, Ever/Body and Alchemy 43, which claim to democratise cosmetic treatments like Botox, are seeing an explosion of interest. from The Business of Fashion https://ift.tt/3ziXhqu

The Future of Fashion Resale

Secondhand fashion has existed for decades, primarily in the form of thrift and vintage stores. However, the advent of online resale platforms in the last 15 years has led to a step change in how pre-owned fashion can be bought and sold. from The Business of Fashion https://ift.tt/3eFBtxA

Can Stella McCartney Clean Up Fashion?

The ethical fashion pioneer and LVMH sustainability advisor is trying to change one of the world’s most polluting industries from the inside. from The Business of Fashion https://ift.tt/3zj4TZZ

Using Customer Data to Drive Retail Experiences

Afterpay CEO and co-founder Nick Molnar shares his insights on the role data can play in crafting a winning multi-channel strategy. from The Business of Fashion https://ift.tt/3ziZy4T

Wexner Owns Just 2 Percent of L Brands After $2.7 Billion Selling Spree

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Snapchat Partners with Verishop on In-App Shopping

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E-Commerce-Tech Startup Fabric Raises $100 Million in New Round

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Ferragamo’s Sales Jump in 2nd Quarter But Still Lag Pre-Covid Levels

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Discrimination “Pervades” British Fashion Industry, New Report Finds

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Mexican Trade Show Giant Intermoda Kicks Off

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How to Sell Accessible Luxury in China

The path to success for accessible luxury players is narrowing in the critical China market, but there is still room for brands able to overcome key obstacles. from The Business of Fashion https://ift.tt/3wP5Ck1

Bally Taps Actor Huang Jingyu as Global Spokesperson

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South Korean Fashion Group E-Land Appoints New Chief

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Modanisa Calls ECJ’s Headscarf Ban ‘Dangerous and Divisive’

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LVMH to Buy Majority Stake in Off-White Brand

The luxury conglomerate will also work with creative director Virgil Abloh to launch new brands and energise existing ones, both within and beyond its fashion portfolio. from The Business of Fashion https://ift.tt/3kIKYQ2

Where Does Recho Omondi Go From Here?

The designer and host of The Cutting Room Floor podcast had a breakthrough moment with her viral interview with Man Repeller founder Leandra Medine Cohen, but also faced accusations of antisemitism. She spoke to BoF about the episode and the backlash. from The Business of Fashion https://ift.tt/3hQcWrB

As Covid Crisis Escalates, Nike Could Run Out of Vietnamese Sneakers

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Bath & Body Works Sees Future in Skin Care After L Brands Split

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Kite to Buy Retail Properties of America in $2.79 Billion Deal

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Rent the Runway Confidentially Files for US IPO

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Xiaohongshu Halts US IPO After China Curbs

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Report: Brands Distance Themselves From Pop Star Kris Wu Following Sexual Assault Allegations

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Ermenegildo Zegna to Go Public at $3.2 Billion Valuation

The Italian menswear company is raising $880 million by combining with a New York-listed investment vehicle. from The Business of Fashion https://ift.tt/3wOw2Cs

Careers Counsel | How to Manage Remote Employees Effectively

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/3ewf0mv

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Acne Studios, Scotch & Soda and Rejina Pyo. from The Business of Fashion https://ift.tt/3irZFEm

The Future of Fashion Resale Report — BoF Insights

BoF’s definitive guide to fashion resale, covering the evolution of the market, its growth and upside, consumer behaviours and recommendations for crafting a data-driven resale strategy. from The Business of Fashion https://ift.tt/3z9VUKG

Optimising the Store as a Community Hub

WS Development’s president Samantha David and Clot’s co-founder and creative director Edison Chen discuss using retail stores as community spaces with BoF’s Sheena Butler-Young as part of BoF’s Professional Summit: What’s a Store For? Here, we share the key insights. from The Business of Fashion https://ift.tt/3etAYpV

L Catterton To Take Majority Stake in Etro

The LVMH-backed fund is reportedly acquiring a 60 percent stake in a deal that values Etro at €500 million ($590 million). from The Business of Fashion https://ift.tt/3kvIwMN

Walmart’s Flipkart Says Indian Antitrust Probe Shouldn’t Treat it the Same as Amazon

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L Catterton To Take Majority Stake in Etro

The LVMH-backed fund is reportedly acquiring a 60 percent stake in a deal that values Etro at €500 million ($590 million). from The Business of Fashion https://ift.tt/3zfEBrN

Report: L Catterton To Buy 60% of Italian Fashion Label Etro

The deal, which is set to close by the end of the year, values Etro at 500 million euros ($590 million). from The Business of Fashion https://ift.tt/3xNqWb6

Three Brands Looking to Strike Olympic Gold

This week, everyone will be talking about the start of the Tokyo Olympic Games and the lifting of lockdown restrictions in the UK. from The Business of Fashion https://ift.tt/3ewKatJ

Report: Agnelli Heir Held Armani Tie-Up Talks to Build Luxury Empire

- July 17, 2021

John Elkann has been exploring a possible tie-up with Giorgio Armani as part of a plan to build a luxury conglomerate anchored around Ferrari, say sources. from The Business of Fashion https://ift.tt/3ksejhD

Report: Agnelli Heir Held Armani Tie-Up Talks to Build Luxury Empire

from The Business of Fashion https://ift.tt/3rdh4oq

The Logic Behind LVMH’s Phoebe Philo Deal

LVMH’s bet on Phoebe Philo’s new label keeps the star designer in the group’s orbit and gives it a new opportunity to experiment with a digital-first business model. from The Business of Fashion https://ift.tt/2Uky3t1

Photographer Mert Alas’ New Venture

BoF’s Tim Blanks speaks with one half of the renowned duo Mert and Marcus about finding new creative avenues. from The Business of Fashion https://ift.tt/3eqdHFH

Russian Retail Giant Familia Turnover Beats Pre-Pandemic

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Arezzo & Co Acquires My Shoes, Partners With Mercado Libre

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South African Retail Sales Rise, but Retailers Brace for Pain

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Richemont Shakes Up Governance Structure As Jewellery Sales Surge

The Swiss luxury group’s overall revenue rose 22 percent in the quarter compared to pre-pandemic levels, with sales in the key jewellery category jumping 43 percent. from The Business of Fashion https://ift.tt/2UiyrIj

Puma Raises 2021 Outlook, Prompted by Strong Q2

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

Chinese Lingerie Brand Neiwai Raises $100 Million

from The Business of Fashion https://ift.tt/3za6xxf

Power Moves | Éric Pfrunder Leaves Chanel, Mackage Names New CEO

Chanel’s Lagerfeld-era image director departs and industry veteran Tanya Golesic was named as the luxury outerwear brand’s next leader. from The Business of Fashion https://ift.tt/3kpg8Mv

Senate Backs Bill to Ban Xinjiang Goods Unless Waiver Given

from The Business of Fashion https://ift.tt/3rgym4g

Burberry Says It’s “Confident” Tisci Will Stay On as Sales Beat Estimates

The British brand’s sales have rebounded from a pandemic slump, but its future remains uncertain. from The Business of Fashion https://ift.tt/3kq5GEs

Richemont Shakes Up Governance Structure As Jewellery Sales Surge

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

Valentino’s Hyper-Modern Couture

Pierpaolo Piccioli’s streamlined take on classic couture tropes found brilliance in its fearless use of colour and its emotional geometry, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/3B65MXz

Endeavor’s On Location Makes Executive Hires

from The Business of Fashion https://ift.tt/2U8W8mC

Victoria’s Secret Billionaire Is Selling $745 Million of Stock

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

The Ordinary Expands Brick-and-Mortar Offering With Sephora Tie-Up

from The Business of Fashion https://ift.tt/3xKmz0b

Moda Operandi Appoints Chief Merchandising Officer

from The Business of Fashion https://ift.tt/3hIJyn4

Report: Sportswear Brand Fabletics Preps for IPO

from The Business of Fashion https://ift.tt/3i8ff8a

BoF Live: The Future of Payments

The rise of ‘buy now, pay later’ services has changed how people shop online. In the space of a few years, these start-ups have gone from virtually unknown to an integral part of e-commerce, opening up the concepts of credit lines and instalment plans to millions of consumers. from The Business of Fashion https://ift.tt/3hDJDs3

BoF Live: Being Black in Fashion Media

Teri Agins, George Wayne, Constance White, Lindsay Peoples Wagner and Pierre A. M’Pelé (aka Pam Boy) discuss their experiences as Black fashion journalists and reflect on the role of fashion media in the industry’s reckoning on race in a roundtable discussion moderated by Jason Campbell and Chantal Fernandez from The Business of Fashion https://ift.tt/3hG5PBN

Mall Operator Hammerson Plans To Stop Giving Rent Concessions as Business Picks up

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

Uniqlo Owner Trims Profit Forecast Citing Fresh Covid-19 Related Curbs

from The Business of Fashion https://ift.tt/3B8sOgm

Asos Sees Sales Growth Slow on Covid-19 Uncertainty

from The Business of Fashion https://ift.tt/2Ta2z8e

H&M Invests in Indian Social Commerce Player Trell

from The Business of Fashion https://ift.tt/3yZPq0V

Is Shein Partnering with Amazon for an India Comeback?

from The Business of Fashion https://ift.tt/3xC1oxr

Mackage Appoints New CEO, Plans to Phase Out Fur

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

A New Model for Funding Fashion Start-Ups

Clearco, which just secured $215 million in funding from Softbank, is at the forefront of a new investing model where brands get speedy financing in exchange for a share of future revenues. from The Business of Fashion https://ift.tt/3B4UXoN

Resale Sites Race to Staff Up in the Fight Against Fakes

Companies like The RealReal, StockX, Goat, Rebag and eBay are hiring more authentication experts to weed out counterfeit products. Finding enough qualified candidates is a struggle. from The Business of Fashion https://ift.tt/3iet98D

Walmart Taps Gen Z-Focused Brand Bubble as Its First DTC Skin Care Partner

Bubble and Walmart’s team-up is the latest example of a DTC brand harnessing the power (and reach) of a big box retailer. from The Business of Fashion https://ift.tt/3ig0VdV

China’s GDP grew 7.9% in Q2, Retail Sales Beat Expectations

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

Cucinelli’s Top Shareholder Sells 0.95 Percent Stake

from The Business of Fashion https://ift.tt/3B5M9ik

Lagerfeld-Era Image Director Éric Pfrunder Has Left Chanel

In a bid for continuity after the death of Karl Lagerfeld, Pfrunder was appointed artistic director for fashion image alongside Virginie Viard, who was named artistic director for fashion collections. from The Business of Fashion https://ift.tt/3B3zVqB

John Lewis Plans to Cut 1,000 Jobs as UK Retail Woes Worsen

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

How Small Brands Get Big Media Attention

A panel of experts breaks down tactics for emerging labels to snag valuable coverage and make the most out of it. from The Business of Fashion https://ift.tt/2VH0Rwa

What’s at Stake in the KKW Beauty Rebrand

While details of Kim Kardashian West’s cosmetics rebrand have yet to be unveiled, her coming entrance into skin care, and bringing each of her beauty categories under one umbrella, underscores prevailing trends in the industry. from The Business of Fashion https://ift.tt/2T9NweN

Pinault and Pigasse Join Forces on Entertainment-Focused SPAC

from The Business of Fashion https://ift.tt/3xEqwn7

Nike and Adidas Supplier Suspends Production at Vietnam Plant Due to Covid

from The Business of Fashion https://ift.tt/2VHQt7p

Fan Bingbing Reboots Beauty Brand

from The Business of Fashion https://ift.tt/3i2cllm

Boohoo Partners With Kuwait’s Alshaya To Grow Debenhams in Middle East

from The Business of Fashion https://ift.tt/3ej3Z7P

Tunisian Garment Workers Fight for Unpaid Wages

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

Kuwait’s Alshaya Retains Regional Debenhams Rights

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

New Video Publication VHF Highlights Italian Design in Latest Issue

Despite its digitally focused concept, VHF plays with the traditional magazine issue format, releasing quarterly “issues” of short films, gifs and other moving images. from The Business of Fashion https://ift.tt/3kcrXpb

Shopping Is Back but Where Are the New Clothes?

Many mass-market and contemporary fashion brands are struggling to offer enough new and exciting styles to satisfy surging demand as the pandemic recedes in the United States. from The Business of Fashion https://ift.tt/3Ba7ck7

A New ‘Fashion Bridge’ Between Italy and South Africa

from The Business of Fashion https://ift.tt/2UHg5kc

Mexican Retail Rises, but Remains Below Pre-Pandemic Levels

from The Business of Fashion https://ift.tt/3eia9oR

Kate Moss is the New Face of Kim Kardashian West’s Skims

from The Business of Fashion https://ift.tt/36y9Xxh

French Retailers Puzzle Over How to Keep Non-Vaccinated Shoppers From Stores

from The Business of Fashion https://ift.tt/3wFZ1s9

Germany’s Hugo Boss Forecasts 2021 Revenue Growth

from The Business of Fashion https://ift.tt/3r9FuPv

Apple, Goldman Plan ‘Buy Now, Pay Later’ Service to Rival Affirm

from The Business of Fashion https://ift.tt/3efbi0j

Is Luxury Finally Embracing Technology?

Last month’s strategic tie-up between LVMH and Google signals a rethink on how technology can enhance the luxury experience, writes Pierre Mallevays. from The Business of Fashion https://ift.tt/3yVZ198

Brunello Cucinelli Raises 2021 Sales Forecast Again

from The Business of Fashion https://ift.tt/2Uai1lf

Why Chinese Brides Say Yes to the Dress

From extravagant ballgowns to unboxing videos, find out what’s driving China’s $33.9 billion bridalwear market. from The Business of Fashion https://ift.tt/2VrywJZ

Malls Looted in South Africa Following Zuma’s Imprisonment

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

Brazil’s Privalia Looks to Raise $193 Million at Upcoming IPO

from The Business of Fashion https://ift.tt/3wCpu9S

Margaret Zhang’s Vogue China to Street Cast September Cover Star

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

UK Retailers Report Record Q2 Growth as Shops Reopen

from The Business of Fashion https://ift.tt/3AVHQ9i

K-Pop Star HyunA is Loewe’s New Global Brand Ambassador

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

Russia’s Yandex Pulls Out of Deal to Buy Fashion E-tailer KupiVIP

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

Brands Face New Pressure on Labour Rights

Activists and regulators are dialling up scrutiny on brands after fragile protections for garment workers collapsed under pandemic stress. from The Business of Fashion https://ift.tt/3yQxju9

The Art of Going Dark on Social Media

Kylie Cosmetics and Balenciaga are the latest brands to wipe their social media accounts ahead of a major launch. Here’s the logic behind the strategy and how to execute well. from The Business of Fashion https://ift.tt/3AVijgy

At Afterpay, Creating Growth Levers for Merchants Through Predictive Partnerships

BoF hears from three pivotal members from across Afterpay’s marketing team for insight into the scope and strategies that are helping to drive deeper, more innovative partnerships. from The Business of Fashion https://ift.tt/3k907tJ

India’s Thrasio Clones Continue to Attract Investment

from The Business of Fashion https://ift.tt/3e75Z31

Chalhoub Group Looks to Invest in Emerging Saudi Designers

from The Business of Fashion https://ift.tt/3B6E9hg

De Beers Raise Rough Diamond Prices

from The Business of Fashion https://ift.tt/3r3q4MR

Swatch Returns to Profit as Stores Reopen and Travel Resumes

from The Business of Fashion https://ift.tt/3z36YJJ

ByteDance Said to Have Met With Officials Over Data Security

from The Business of Fashion https://ift.tt/2UH6QQS

Walmart’s Flipkart Raises Funding at $37.6 Billion Valuation

from The Business of Fashion https://ift.tt/3hZf9zI

Chinese Sportswear Giant Anta Unveils Ambitious Five-Year Plan

from The Business of Fashion https://ift.tt/3xN6vet

Chinese Fashion Rental Pioneer Ycloset to Close?

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

Retailers Brace for Tokyo’s Fourth State of Emergency

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

Xiao Zhan is Zenith’s New Brand Ambassador

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

China Garment Industry Revenues, Profits Continue to Rise

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

Announcing Issey Miyake and Gymshark

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/3k6VznK

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from BoF, Carolina Herrera and Fiorucci. from The Business of Fashion https://ift.tt/3AUic4U

Careers Counsel | Combatting Hybrid Working Anxiety

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/2U0Qant

Phoebe Philo Is Launching Her Own Brand, Backed by LVMH

BoF has learned that the former creative director of Celine is returning to fashion with an eponymous label and minority investment from the world’s largest luxury group. from The Business of Fashion https://ift.tt/3AUuwlJ

Nordstrom Buys Stake in Topshop With Asos Joint Venture

The American retailer has taken a minority stake in Topshop and other brands Asos acquired out of administration in February, in a deal that paves the way for a wider strategic partnership. from The Business of Fashion https://ift.tt/3AV8ejx

South African Developer Doubles Down on Malls

from The Business of Fashion https://ift.tt/3wto5CJ

Investment Firm Buys Stake in Russian Fashion Brand 12Storeez

from The Business of Fashion https://ift.tt/36ru4NP

At the Pyer Moss Show, Black Inventions Take Centre Stage

The designer added another milestone to his achievements with his first couture collection. from The Business of Fashion https://ift.tt/3keRxJU

Love Island, Gossip Girl and Fashion’s Big Television Opportunity

This week, everyone will be talking about fashion on television and what’s shaping up to be a banner back-to-school shopping season. from The Business of Fashion https://ift.tt/3k6X2KY

Swedish Payments Firm Klarna Buys Online Retail Startup Hero

from The Business of Fashion https://ift.tt/3hT2qhY

Glossier’s $80m Funding Round Signals the Enduring Importance of Stores

The beauty brand just raised $80 million, and says it will put much of that cash toward a new brick-and-mortar expansion. It’s the latest confirmation that physical retail is an essential part of the digital start-up formula. from The Business of Fashion https://ift.tt/3wuFECj

Glossier’s $80m Funding Round Signals the Enduring Importance of Physical Retail

Selfridges’ Andrew Keith on Post-Pandemic Retail

Andrew Keith, managing director of Selfridges, discusses the future of the British department store at The BoF Professional Summit: What’s a Store For? from The Business of Fashion https://ift.tt/3hSQNHJ

Labour Group Brings Legal Action Against Brands Over Pandemic Wage Violations

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

US Retailers Shun Urban Malls, Shift To Open-Air Centres

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

Levi Strauss Forecasts Upbeat Full Year as Apparel Demand Bounces Back

from The Business of Fashion https://ift.tt/3dZH8ya

Michael Avenatti Sentenced to 2 1/2 Years For Nike Extortion Plot

The sentence was significant lower than what the government sought. from The Business of Fashion https://ift.tt/3wt85Ay

Bukalapak Launches Indonesia’s Biggest IPO in a Decade

from The Business of Fashion https://ift.tt/3yGo0Nu

Seoul Department Stores Close Temporarily as Covid-19 Cases Surge

from The Business of Fashion https://ift.tt/2Vpc6sZ

Indian Social Commerce Player DealShare Raises $144 Million

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

Dubai’s Emaar Properties to Merge Retail Arm by Year-End

from The Business of Fashion https://ift.tt/3yCfFu6

At Paris Haute Couture, Designers Double Down on Heritage, But Lack a Sense of Purpose

Maison Margiela, Jean Paul Gaultier and Fendi presented their haute couture collections for Autumn/Winter 2021 from The Business of Fashion https://ift.tt/3yFYRma

Pyer Moss Couture Week Show Rescheduled After Rain

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

Kering Eyewear Acquires Danish Luxury Brand Lindberg

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

Net-a-Porter and Mr Porter Partner with Watchfinder to Launch Collection

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

Power Moves | MatchesFashion’s Global Fashion Director Exits, i-D Hires in Korea

Natalie Kingham leaves MatchesFashion, i-D appoints Han Song-in editor for new digital platform in Korea. from The Business of Fashion https://ift.tt/3hOCPql

Neiman Marcus Group Appoints New Chief Legal Officer

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

Mickey Drexler Takes Over as CEO of Alex Mill

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

Direct-to-Consumer Financing Firm Clearco Raises $215 Million

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

Salvatore Ferragamo and Inter Parfums Sign Fragrance Agreement

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

Uniqlo Faces Homegrown Rivals in South Korea

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

Chinese Luxury Resale Platform Zhiyao Raises $8.5 Million

from The Business of Fashion https://ift.tt/3xD5Iwc

Watches of Switzerland to Expand in EU Through M&A, Boutiques

from The Business of Fashion https://ift.tt/3hP7ZOe

Booming Back-to-School Shopping Season May Give Retailers Lift They Need

Spending is expected to reach $32.5 billion, up 16 percent from 2020 and 17 percent from 2019. from The Business of Fashion https://ift.tt/3jUPZok

Swedish Challenger to H&M Planning IPO to Lure ESG Investors

from The Business of Fashion https://ift.tt/3r6oF8t

Harrods Launches Rental

from The Business of Fashion https://ift.tt/3xCl2sY

Luxury Fashion Distributor MadaLuxe Leads $2M Investment in CodeBoxx

from The Business of Fashion https://ift.tt/3hJN930

One Year Later, the 15 Percent Pledge Raises Its Ambitions

As Nordstrom announces a 10-year partnership with the organisation launched on Instagram after George Floyd’s death to call on retailers to spend more money on Black-owned brands, founder Aurora James and board member Emma Grede tell BoF about keeping up the momentum and supporting entrepreneurs. from The Business of Fashion https://ift.tt/3qVwbm8

Does Fur Have a Future?

As brands that once relied on fur as a symbol of luxury back away from it, many are trying to move forward with their brand identity intact. from The Business of Fashion https://ift.tt/3qVw61O

V&A Exhibition to Highlight Creativity of African Fashion

from The Business of Fashion https://ift.tt/3jY2mA3

Haiti Assassination Risks Fashion Supply Chain Stability

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

Customer Service Startup NewStore Raises $45 Million

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

Liquidators Become Shopkeepers to Peddle Pandemic’s Unsold Goods

from The Business of Fashion https://ift.tt/3hIV5BB

Balenciaga’s Couture Reboot: Revolution or Reiteration?

Demna Gvasalia revived Balenciaga’s long-dormant couture collection as an elevated version of his ready-to-wear, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/3hl4QXC

Lululemon to Launch Mushroom-Based Yoga Accessories

from The Business of Fashion https://ift.tt/3jSz3Pe

Can Upcycling Gain Mainstream Traction in Beauty?

A growing number of skin care and makeup brands are using upcycled ingredients in their formulations, opening up a potential new path for circular beauty — but one rife with challenges. from The Business of Fashion https://ift.tt/3yxBs64

Indian Artisans Central to Rahul Mishra’s Couture Collection

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

Karl Lagerfeld’s Kenneth Ize Collab Launches

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

JD.com Invests $300 Million in Chinese Retailer KK Group

from The Business of Fashion https://ift.tt/3AzN6ze

Authentic Brands Group File for US IPO

from The Business of Fashion https://ift.tt/2UxwQy0

i-D Launches Digital Platform in Korea

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

BTS to Feature in Louis Vuitton’s Seoul Show

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

Nike Shares Lose Out to Chinese Sneaker Rivals After Xinjiang Cotton Boycott

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

Fashion’s Progress on Transparency Remains Slow

The industry is under more pressure than ever to address bad practices, but companies still aren’t providing information to back up marketing-friendly environmental and social commitments. from The Business of Fashion https://ift.tt/2TFLl2M

Can Balenciaga Modernise Couture?

Reviving Balenciaga’s haute couture operation has been a transformative experience for Demna Gvasalia, resulting in a democratic, gender-fluid collection that includes jeans and t-shirts. The designer speaks exclusively to Tim Blanks about the label’s ‘50th couture collection.’ from The Business of Fashion https://ift.tt/36hQp05

Douyin Fines Nearly 80,000 Livestream Hosts for Violating Platform Rules

from The Business of Fashion https://ift.tt/3e8Fs5x

Kim Kardashian West’s Beauty Brand to Temporarily Shut Down Ahead of Relaunch

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

In Paris, Post-Pandemic Couture

On the first two days of Haute Couture Week, escapism was laced with a heavier side, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/3hjz2lO

Hong Kong’s Esquel Sues US Over Inclusion on China Blacklist

from The Business of Fashion https://ift.tt/3yuBP1j

Marks & Spencer Promises Surprise From Reshaped Business

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

Digital Fashion Player DressX Raises $2 Million

The Artemis Fund and Alpha Edison led the investment round, which will see the digital-only clothing startup build an NFT marketplace. from The Business of Fashion https://ift.tt/3xmoSqe

China’s $3 Billion Used-Goods Platform Zhuanzhuan Seeks Pre-IPO Funding

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

Glossier Raises $80 Million Series E, Valuing Company at $1.8 Billion

The direct-to-consumer beauty brand ramped up its operations in the last month ahead of its reentry into physical retail. from The Business of Fashion https://ift.tt/3hJl7Eu

Former Carven, Dior Designer Serge Ruffieux Launches Accessories Brand

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

Natalie Kingham Steps Down as Global Fashion Director at Matchesfashion

from The Business of Fashion https://ift.tt/3jJYsL6

China’s 618 Festival: Shiseido, Lancôme Among Top Beauty Brands

from The Business of Fashion https://ift.tt/2TJf62G

Sephora’s China Rivals Ready for Battle

After 16 years in Mainland China, LVMH’s Sephora faces serious competition as local multi-brand players jostle for a larger slice of the country’s $51 billion beauty market. from The Business of Fashion https://ift.tt/3jNfAzB

Bangladesh Exports Up 15% As Global Demand for Garments Rebounds

from The Business of Fashion https://ift.tt/3AH5rL1

Etsy is Making Moves in Latin America

from The Business of Fashion https://ift.tt/36i9iQp

China Duty Free Group’s Net Profit Up 484% in H1

from The Business of Fashion https://ift.tt/3hlK3mS

Digital Fashion Player DressX Raises $2 Million

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

Russian Mining Company Offer Track and Trace for Diamonds

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

Coupang Under Scrutiny Over Search Algorithms

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

Chinese Second-Hand Platform Unicorn Plots IPO

from The Business of Fashion https://ift.tt/3wf9B9b

How To Build An Influencer Marketing Team

As creators have become a key part of any successful digital marketing strategy, brands and their digital partners are looking to bulk up their influencer operations. from The Business of Fashion https://ift.tt/2VcLJX6

Investors Look Beyond Brands in Search for the Next Great Fashion Start-Up

Services and technology start-ups that aim to ease direct-to-consumer pain points are winning over venture capital funds amid a record wave of investment. from The Business of Fashion https://ift.tt/3qOMPUv

Frankfurt Fashion Week’s Strategy for Success

‘We are starting Frankfurt Fashion Week from scratch, so we can set a completely new standard. We are uniting global industry players and trade organisers to combine our strengths and create something bigger,’ says Anita Tillmann, managing partner of the Premium Group. from The Business of Fashion https://ift.tt/3yrxQTb

Ralph & Russo Administrators File Legal Suit Against Co-Founder

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

Swedish Watchdog To Investigate Klarna for Bank Secrecy Breach

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

Adidas, Bestseller Invest in Textile Recycling Company

from The Business of Fashion https://ift.tt/36gf30Z

Daniel Roseberry’s Schiaparelli Has Landed

The American designer has established himself as haute couture’s crown prince of extravagant, unabashed eccentricity, winning over the likes of Cardi B, Lady Gaga and Beyoncé. from The Business of Fashion https://ift.tt/3AuwV6f

Uniqlo Experiments With In-House Manufacturing

from The Business of Fashion https://ift.tt/3heY0Tu

India’s Flipkart Launches Social Commerce Platform

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

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from KCD, Saks Potts and Nanushka. from The Business of Fashion https://ift.tt/2UZ2jti

The Payment Platforms Brands Need to Go Global

Stripe and Klarna have transformed payments in the west, but fintech providers like PayU, M-Pesa and PhonePE can help drive e-commerce in rapidly growing emerging markets. from The Business of Fashion https://ift.tt/3AuC1iL

Careers Counsel | Returning to Work After a Career Break

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/36emoy8

Études Creates JV with Showroom DFO for China Expansion

from The Business of Fashion https://ift.tt/3hCTo8r

Softbank, Smart Africa Alliance to Double African Broadband Access

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

The Humility of Pieter Mulier’s Alaïa Debut

The designer was supremely faithful to Azzedine Alaïa with a celebration of female beauty that oozed energy and sexuality, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/3dJa4Ky

Man Leading Scheme to Commandeer Supreme Brand Sentenced

- July 03, 2021

from The Business of Fashion https://ift.tt/3696IfJ

Activists Spray Black Paint Over LVMH’s La Samaritaine Store

- July 03, 2021

from The Business of Fashion https://ift.tt/3hw78lv

Balenciaga Headlines a Buzzy Couture Week

- July 03, 2021

This week, everyone will be talking about Pieter Mulier’s Alaïa debut and Demna Gvasalia’s first Balenciaga couture collection, plus the industry’s worsening shipping woes. from The Business of Fashion https://ift.tt/3ygSW6I

Uniqlo, Inditex, SMCP, Skechers May Have Concealed Crimes in Xinjiang, According to French Inquiry

French prosecutors have launched an inquiry into four fashion retailers suspected of concealing crimes against humanity in China’s Xinjiang region, said a source. from The Business of Fashion https://ift.tt/2TneEHx

H&M’s China sales hit as boycott bites

from The Business of Fashion https://ift.tt/3AjITQ6

What Kim Kardashian’s Olympics Coup Says About American Fashion

The mega-influencer’s digital-first shapewear brand Skims has not only succeeded in selling millions of units, but in quickly earning the sort of cultural credibility once reserved for the likes of Ralph Lauren. from The Business of Fashion https://ift.tt/3wdhgVE

What Kim Kardashian’s Olympics Coup Says About American Fashion

Jacquemus Experiments With Hybrid Pre-Order, Buy Now Model

from The Business of Fashion https://ift.tt/3jC7QQY

Chinese Makeup Brand Into You Secures Funding

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

E-Commerce Sales Festivals Test India’s Appetite for Consumption

from The Business of Fashion https://ift.tt/3dB56Q0

Bottega Veneta to Stage Fashion Show in Detroit in October

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

PE Firm Sistema Negotiates to Acquire Stake in Natura Siberica

from The Business of Fashion https://ift.tt/3jBZo4g

Karen Walker on Shedding Excess and Renewing Purpose

BoF’s Tim Blanks speaks to New Zealand-based designer Karen Walker about how Covid-19 has changed her business. from The Business of Fashion https://ift.tt/3AisQlA

Unilever’s $275 Million Mexican Investment

from The Business of Fashion https://ift.tt/3yf38wv

Turkish E-Tailer Hepsiburada Valued at $3.9 Billion Following IPO

Often dubbed Turkey’s answer to Amazon, the e-commerce giant has become the first company from the country to list on the Nasdaq. from The Business of Fashion https://ift.tt/3xqqU8Z

Ant Group-backed Kakao Pay Seeks Up to $1.4 Billion in IPO

from The Business of Fashion https://ift.tt/3Al8JmP

Chanel Raises Bag Prices By Up to 15%

from The Business of Fashion https://ift.tt/3h8HaWa

Tamara Ralph Exits Ralph & Russo After Sale

from The Business of Fashion https://ift.tt/2TtRgb5

Saudi Retailer Alhokair Reports 21% Revenue Drop Last Year

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

Turkish E-Commerce Giant Valued at $3.9 Billion Following IPO

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

Australia Invests Big in Its Fashion Industry

At a time when government funding is scarce elsewhere, Australia is injecting more than $380 million into its fashion and design industries. Is the money being well spent? from The Business of Fashion https://ift.tt/3hsDIon

Bianca Saunders Wins 2021 ANDAM Fashion Awards

from The Business of Fashion https://ift.tt/3dwW86o

Power Moves | Estée Lauder’s New Promotions, Tiffany’s Latest Hire

Tiffany welcomes Cartier’s creative director, while Estée Lauder names two new global brand presidents. from The Business of Fashion https://ift.tt/2UXRYho

Uniqlo, Inditex, SMCP and Skechers May Have Concealed Crimes in Xinjiang, According To a French Inquiry

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

Tiffany Hires Cartier’s Creative Director

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

JD Sports To Split Chairman and CEO Roles

from The Business of Fashion https://ift.tt/3658TAP

#BoFLIVE: Small Brands, Big Media Attention