Fashion World News

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Ex-Gentle Monster Chief Makes Fresh Move in Eyewear

Won Lee is teaming up with Willow Smith and Harry Hudson for a new collection drop. from The Business of Fashion https://ift.tt/2WDNOw2

Bella Hadid Joins Wellness Drink Brand

The supermodel will bring her reach and branding skills to ready-to-drink ‘self care’ beverage business Kin Euphorics, where she will be co-founder and partner. from The Business of Fashion https://ift.tt/3mPNIMT

Paris Fashion Week To Include 37 Physical Runway Shows

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Pre-Owned Platform WatchBox Invests in De Bethune Brand

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BoF Live: How Gen-Z Buys Luxury

Join us for a panel discussion with industry experts on the consumption habits of Generation-Z and the opportunities and challenges for luxury brands. from The Business of Fashion https://ift.tt/3DANhM8

Sneaker Brand Allbirds’ IPO Filing Shows Sales Jump, Losses

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Joe’s Jeans Owner Sequential Brands Files For Bankruptcy

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Olaplex Files for IPO

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Swiss Watchmaker Oris Reports Sales Still Below 2019 Levels, Slow Recovery in Asia

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Will China’s Three-Child Policy Spark a Kidswear Boom?

Irrespective of new government policies aimed at boosting the low birth rate, China’s $53 billion childrenswear market is set for double-digit growth. from The Business of Fashion https://ift.tt/3yCBOZ2

Tencent Joins China’s Luxury E-Commerce Platform Battlefield

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Joor Launches Second Edition of ‘Showcase Japan’

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Vietnam Retail Sales Plunge 34%

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Shopee dips toe in India e-commerce market with seller recruitment campaign

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Southeast Asia Added 70 Million Online Consumers During Pandemic

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Jewellery Company Brilliant Earth Adds to US IPO Rush

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China Tourism Group Duty Free Sees First Half Revenue Rise 84%

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Georgian Fashion Foundation Launches Prize for Emerging Brands

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Bahrain The Avenues Shopping Centre to Undergo $160 Million Expansion

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Can Department Stores Win Over Gen-Z?

Department stores are investing in private label brands, e-commerce offerings and product collaborations to capture younger consumers, but it remains to be seen if the strategy is working. from The Business of Fashion https://ift.tt/3juGlsb

Ex-Adidas Brand Chief Wants to Build a Sustainable Supreme

Eric Liedtke, who steered Adidas’ collaborations with celebrities like Kanye West and Beyoncé, is launching a zero-waste, zero-plastic streetwear brand. from The Business of Fashion https://ift.tt/3zwvP9j

Fitness Tracker Firm Whoop Valued at $3.6 Billion After Softbank-Led Funding

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Dolce & Gabbana Presents Its Alta Moda Show in Venice

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Kanye West Unveils Balenciaga Album Merch

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50 Organisations Representing Sri Lankan and Bangladeshi Workers Call for Covid-19 Protections

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Mel Ottenberg Named Editor in Chief of Interview Magazine

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Korean Retailers Open Spate of Mega Malls as Competition Rises

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Japan Retail Sales Rise for Fifth Straight Month in July

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Careers Counsel | 7 Ways to Successfully Manage Managers

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/3kyNwii

Announcing Bode, Alexandra Grecco and Del Core

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/3BpfOm8

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Kate Spade, KCD and Alexa Chung. from The Business of Fashion https://ift.tt/3DwTRmM

How Lindsay Peoples Wagner Is Remaking The Cut

The new editor-in-chief lays out her vision for making New York Magazine’s fashion vertical more inclusive. from The Business of Fashion https://ift.tt/3mKKQRo

Japanese Designers Are Still Betting on Gorpcore

A pandemic-induced camping boom boosted global sales for Japanese fashion labels with a functional edge, but has it cemented performance wear as a long-term fashion staple? from The Business of Fashion https://ift.tt/3zs2IE8

Mercado Libre Acquires Latin American Logistics Company

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Rahul Mishra Closes Second Digital Edition of India Couture Week

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Fashion’s Favourite Sport Returns to New York

This week, everyone will be talking about the US Open, Rakuten Fashion Week and results from Calvin Klein and Tommy Hilfiger parent PVH Corp. from The Business of Fashion https://ift.tt/2WAJzRB

Chanel Buys Up More Jasmine Fields to Safeguard Famous No. 5

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Decoding the New Tiffany

This week, a Tiffany campaign featuring Beyoncé, Jay-Z, a Basquiat painting and a 128.54-carat diamond offered a window into how LVMH is bringing its playbook to its largest-ever acquisition and the advantages and challenges of marketing brands rooted in the 19th century in today’s world. from The Business of Fashion https://ift.tt/3ynudx5

Building Loyalty through Brick-and-Mortar Retail

A panel of experts discussed strategies for making physical retail a strong service touchpoint that builds brand loyalty. from The Business of Fashion https://ift.tt/2WvzrtC

Russian Tech Giant Yandex Reveals Fashion Growth Ambitions

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Perfect Diary’s Parent Company Sees Q2 Revenue Rise 53.5%

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China’s Dazzle Group Reports 31% Boost in H1 Net Profits

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Kuaishou Slumps as Spending Spree Drives Losses

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Derek Lam’s Next Act

The designer lays out his plans to revive Derek Lam 10 Crosby with the backing of new owners, as he prepares to present his first collection since selling the company. from The Business of Fashion https://ift.tt/3yh8uXz

Coty Is Banking Its Future on Prestige and Celebrity

As sales recover, the cosmetics company is investing in brands like Kylie Cosmetics and Gucci Beauty to keep momentum going. from The Business of Fashion https://ift.tt/3mGB2HV

Actress Zheng Shuang Fined $46 Million for Tax Evasion, More Celebs Disappear From China’s Internet

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Old Navy, Athleta Power Gap Sales Forecast, Shares Jump

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Coty Files for IPO of Brazilian Unit to Help Deleverage

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Can Express Be More Than a Mall Brand?

The company is betting on e-commerce and a better product assortment to turn its fortunes around. from The Business of Fashion https://ift.tt/2WwCr9f

Power Moves | Capri Unveils Succession Plans, Condé Nast Appoints Allure Editor-in-Chief

Former Coach chief executive Joshua Schulman will take the helm of Capri Holdings in 2022, while Condé Nast is promoting Jessica Cruel to become Allure’s editor-in-chief. from The Business of Fashion https://ift.tt/3ylVVdw

Pretty Little Thing Names Influencer Molly-Mae Hague as a Creative Director

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Matthew Williams Responds to Allegations He Copied Late Designer Benjamin Cho

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South African Retailer Woolworths’ Annual Profits Surge 212%

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South Korea’s July Retail Sales up 13%

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Mytheresa to Go Fur Free

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Sadashiv Nayak Appointed CEO of India’s Future Retail

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Can Shein Clean Up Its Image?

The Chinese fast fashion giant’s new design competition seems aimed at shifting opinion on a company whose labour and environmental records have become frequent targets for regulators and consumers. from The Business of Fashion https://ift.tt/2XP6gCe

Shiseido to Sell BareMinerals, Buxom and Laura Mercier to PE Firm

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Ulta Raises Sales Forecast as Revenue Surges Above 2019 Levels

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Klarna Grew More Than 300% In the Us in the First Half of 2021

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Trove, the Platform Behind Lululemon and Levi’s Resale, Raises $77.5 Million

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Will Prestige Beauty Sell In a Big Box Store?

Kohl’s and Target launch their shop-in-shop concepts with Sephora and Ulta this month in a bid to build a reputation as a destination for beauty shopping, a sign of an ongoing shift in how people shop for beauty. from The Business of Fashion https://ift.tt/38rmHHf

Brands and Unions Agree Two-Year Extension of Bangladesh Accord

The landmark safety initiative was due to expire next week without a deal in place. from The Business of Fashion https://ift.tt/3DqxS19

Ralph Lauren Enters Metaverse with Zepeto Partnership

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Chanel Buys Majority Stake in Knitwear Manufacturer Paima

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Urban Outfitters to Exit China Market

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Alibaba Launches Direct Freight Route to Korea as Cross-Border Trade Booms

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Farfetch Teams with Brands Including Balenciaga, Khaite For Launch of Pre-Order Service

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Alexis Bittar’s Plans To Rebuild His Brand

Five years after the jewellery designer sold his label to Brooks Brothers, he’s back in control and making a return to the industry. from The Business of Fashion https://ift.tt/3DgIgbl

China’s Anta’s H1 Revenue Soars 55%, Reaches Record High

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Taliban Takeover Puts Afghanistan’s Cashmere, Silk Industries at Risk

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TikTok Partners With Shopify to Launch In-App Shopping

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Condé Nast Promotes Allure Content Director Jessica Cruel to Editor in Chief

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Nordstrom Raises Revenue Forecast as Customers Return to Stores

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Warby Parker Files for Direct Listing Revealing Revenue Jump

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Extinction Rebellion Blocks Entrance to Selfridges in London

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Aka Brands Files for IPO

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Urban Outfitters Launches Peer-to-Peer Resale Marketplace

from The Business of Fashion https://ift.tt/3B9FFhO

Capri Plans Leadership Transition As Joshua Schulman Appointed Michael Kors CEO

Next year, the former Coach chief will take the helm at Michael Kors parent company Capri Holdings. from The Business of Fashion https://ift.tt/3DnWesi

Will China’s Calls for a Crackdown on ‘Excessive Incomes’ Damage Luxury Sales?

Billions of dollars were wiped from the stock market valuations of luxury’s largest companies last week, but investor fear over President Xi Jinping’s calls for wealth redistribution may be overblown. from The Business of Fashion https://ift.tt/3msQdnT

China’s Pinduoduo Swings to Quarterly Profit on Online Shopping Boost

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Boots Partners With Deliveroo for On-Demand Beauty Delivery

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Haiti Earthquake Delivers Another Blow to Budding Manufacturing Hub

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On, the Roger Federer-Backed Running Label, Plans IPO in New York

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Russia’s Wildberries Goes to War With Visa, Mastercard

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K-Beauty Sales Surge in the Middle East

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Container Shipping Rates From China to US Continue to Soar

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Chat-Based E-Tailer Threads Styling Targets Growth With Platform Strategy

The retailer — which sells on WhatsApp, WeChat, Instagram and other social platforms — has doubled its revenues since the start of the pandemic. Now it’s betting on a new service that allows independent personal shoppers to use its technology. from The Business of Fashion https://ift.tt/2UFJuLW

How to Find a Manufacturer

For new labels, picking a production partner can be a long and difficult process. BoF outlines seven tips for finding the right fit. from The Business of Fashion https://ift.tt/3msjT4H

YouTube Boasts $30 Billion in Payments to Creators, Shares Advertising Sales

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JD.com Beats Estimates, Adds Record New Users amid Regulatory Tightening

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Hypebeast Q1 Revenue Up 58%, Boosted by Media Business

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Singapore’s Changi Airport Welcomes Homegrown Brands, Auckland Airport Plots Outlet Mall

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Jay-Z and Beyoncé Pose With Basquiat Painting in First Images From Tiffany Campaign

The ‘About Love’ campaign features the couple in front of a private collection Jean-Michel Basquiat painting in Tiffany Blue. from The Business of Fashion https://ift.tt/3zbQkIe

Careers Counsel | Meeting Co-Workers In-Person

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/3B1yEiY

Majid Al Futtaim Reports $4.3 Billion Revenue for H1

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India Couture Week Kicks Off

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African Bitcoin Giant Invests in Nigerian Streetwear Brand

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India’s Arvind Fashions Raises $60 Million to Pursue Growth

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Swiss Watch Exports to China Exceed Pre-Pandemic Levels by 75%

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The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Farfetch, Ralph Lauren and Axel Arigato. from The Business of Fashion https://ift.tt/3j6W6Fb

Why Some Black Founders Are Uneasy About Fashion’s Diversity Initiatives

Black-owned brands are in the spotlight, but some entrepreneurs worry that aligning their own racial identities with those of their brands will alienate some customers — and not all retailers are coming to them with mutually beneficial offers. from The Business of Fashion https://ift.tt/3y9tkYQ

Shein Looks to Change Its Narrative With Design Challenge

This week everyone will be talking about Shein’s new design competition, Gap Inc.’s earnings and plans for fashion month. from The Business of Fashion https://ift.tt/3jd1sz7

New York Shoppers Shun Madison Avenue as Swanky Boutiques Depart

- August 21, 2021

Foot traffic on the stretch of Madison from 57th to 72nd streets is lagging behind Upper Fifth Avenue and Soho. from The Business of Fashion https://ift.tt/3sBljL5

New York Shoppers Shun Madison Avenue as Swanky Boutiques Depart

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Power Moves | Nordstrom Makes Leadership Changes; Hunter’s New Executives

Hunter names Paolo Porta chief executive, Nordstrom shuffles its merchandising team. from The Business of Fashion https://ift.tt/3j29nPm

Nordstrom Makes Merchandising Leadership Changes

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No Vaccine, No Entry: The Pros and Cons for Retailers

This week, shopping malls from France to Indonesia asked customers to show digital vaccination records in order to enter. Are vaccine mandates good for retailers? from The Business of Fashion https://ift.tt/3y3Q0Ka

No Vaccine, No Entry: The Pros and Cons for Retailers

Balmain’s Olivier Rousteing on Authentic Representation

The designer speaks with Tim Blanks about his journey to find his birth parents and the power of breaking boundaries in fashion. from The Business of Fashion https://ift.tt/3B0lR0m

Russian Online Retail Giant Lamoda Sees Q2 Turnover Grow 24%

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China Passes New Personal Data Privacy Law, To Take Effect Nov. 1

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South Africa’s Retail Sales Rise 10.4% in June

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What #BamaRush Says About Fashion’s Future on TikTok

The viral sensation that began with sorority rush videos at the University of Alabama and name-checked labels from LoveShackFancy to Kendra Scott offers a glimpse into fashion’s informal, subcultural future on the app. from The Business of Fashion https://ift.tt/2XCskQt

E-Commerce Giant Shopee Saw Q2 Revenue Reach $1.2 Billion

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India’s Retail Sales Hit 72% of Pre-Pandemic Levels in July

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Chinese Flash Sales Platform Vipshop Sees Q2 Net Profit Up 11.3%

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Sri Lanka’s H1 Garment and Textile Exports Up 28%

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Farfetch Reports Q2 Results Ahead of Expectations

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Coach Owner Is Stockpiling Handbags to Prepare for Holidays

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Macy’s Is Reviving Toys ‘R’ Us

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Amazon To Open Department Store-Like Retail Locations

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Tapestry Beats Quarterly Sales Estimates on Luxury Rebound

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Estée Lauder Tops Quarterly Sales Estimates as Demand for Makeup Rebounds

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Chile Growth Outpaces Forecasts, Buoyed by Stimulus Spending

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Korea’s Top Antitrust Regulator Fines Coupang $2.8 Million

from The Business of Fashion https://ift.tt/3CZYh5G

Old Navy to Normalise Plus-Size Apparel in Growth Push

All the brand’s designs will now be available in larger sizes and the plus-size section of stores eliminated. from The Business of Fashion https://ift.tt/3mgibDA

China’s Calls for Wealth Redistribution to Hurt Luxury?

from The Business of Fashion https://ift.tt/3j0EwTC

Netflix and Shonda Rhimes Test Fashion Opportunity With Bridgerton Collabs

The streaming service’s blockbuster deal with production company Shondaland came with plans for branding and merchandising deals. What that means for fashion is beginning to take shape. from The Business of Fashion https://ift.tt/2XFMF7C

Taking Brand Building Off the Back Burner

In the last year, many companies focused on short-term sales in a bid for survival. Now, they must shift their marketing strategy towards a hybrid approach that re-prioritises telling a brand’s story. from The Business of Fashion https://ift.tt/3AY9AJN

At CIFF, How to Navigate a New Era in Wholesale

BoF shares key insights from two talks positing the future of the wholesale industry at Copenhagen’s International Fashion Fair, which held its first physical event after a transformative 18 months. from The Business of Fashion https://ift.tt/3ATFaZ3

Tencent, Weibo Report Q2 Jump in Revenue and Active Users

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Brands Need to Rethink Their Approach to Chinese Festivals

Qixi and other festivals are still valuable marketing opportunities but consumers are feeling overwhelmed by the crowded shopping calendar and underwhelmed by brands’ efforts. from The Business of Fashion https://ift.tt/2W4haUj

Digital Design Firm Browzwear Raises $35 Million

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

Allbirds Expands into Activewear

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French Shopping Malls To Require Covid-19 Health Pass

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Internet Giant Mail.ru Group Invests $60 Million in AliExpress Russia

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

Japan’s Gen Z Men Spend Big on Makeup

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

South Africa’s Truworths Says Half of Looted Stores Re-Opened

from The Business of Fashion https://ift.tt/3g9Amqo

Kris Wu Arrested Following Rape Allegations

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

Chanel To Show Cruise Collection in Dubai

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China’s Navy Launches Clothing Line Celebrating Aircraft Carrier

from The Business of Fashion https://ift.tt/3z68zys

The Road Ahead for Black Designers

Over the last year, unprecedented industry support has helped to level the playing field, but Black founders still face plenty of hurdles. from The Business of Fashion https://ift.tt/37SgROJ

Utilising Payment Technology to Respond to Emerging Consumer Behaviour

Greg Lisiewski, PayPal’s VP of global pay later products, shares his insight on the growth opportunities on what non-linear paths to purchase and “distributive commerce” across platforms and channels represent for retailers. from The Business of Fashion https://ift.tt/3jYHuaq

India’s Future Retail Sees Q1 Losses Widen

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

Hunter Hires Several New Executives

from The Business of Fashion https://ift.tt/2Xs3UJj

Carré Sutton Sues Former Elite Model Management Executives Over Rape Claims

from The Business of Fashion https://ift.tt/3CRN5b5

Luxury’s Deal Frenzy: Who, What, Why

This month’s Market Pulse breaks down the players, motivations and deal structures behind the uptick in corporate activity. from The Business of Fashion https://ift.tt/3iSINbi

Jack Wills Founder Relaunches Aubin Brand With Backing From Next

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

Marks & Spencer Expands Online Platform With More Guest Brands

from The Business of Fashion https://ift.tt/2VRwrb6

Shinsegae’s E-Commerce Arm SSG.com Plots IPO

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

Brands Cut Ties With Chinese Actor Zhang Zhehan

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

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from PVH, Erdem and Lunya. from The Business of Fashion https://ift.tt/3yRR05p

Demand For Sustainable Fashion Drives New Interest In Clothing Care

Brands, retailers and start-ups are looking at ways to give laundry products and repair services a fashionable makeover. from The Business of Fashion https://ift.tt/3xOWixb

Careers Counsel | How to Retain Your Most Valued Employees

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/2W1fIlm

China’s Retail Sales Growth Slows, Missing Expectations

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

What’s Next for Farfetch in China?

This week, everyone will be talking about Farfetch’s earnings plus new beauty retail concepts from Sephora and Ulta. from The Business of Fashion https://ift.tt/3g5E44q

What Fashion Needs to Know About This Week’s UN Climate Report

The world’s top climate scientists issued a stark warning on the rapid rise of global temperatures this week. BoF breaks down the key takeaways and explains what the industry can do about it. from The Business of Fashion https://ift.tt/3AEIXcr

Avon, E-Commerce Bring Natura Back to Profit

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

Unpacking Fashion’s Role in Slowing Global Warming

The fashion industry is one of the world’s worst polluters, and this week’s grim report from the UN’s IPCC made clear that change needs to come quickly. from The Business of Fashion https://ift.tt/3AEKG1E

Arezzo & Co’s Q2 Net Revenue Up 258%, Boosted by Brazilian Market

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

Singapore Retail Sales Jump 25% as Southeast Asian Hub Vows to ‘Live With Covid’

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

Shinsegae Posts Record Q2 Operating Profit on Strong Luxury Demand

from The Business of Fashion https://ift.tt/3iJmqp2

Surf Brand Rip Curl Names First Female CEO in Its 52-Year History

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

How Fashion Can Get Women Back to Work

Tens of millions of women dropped out of the workforce during the pandemic. To convince them to come back, the fashion industry must first understand why they left. from The Business of Fashion https://ift.tt/2UbJdA6

Chinese Sportswear Giant Li Ning Sees First Half Net Profit Rise 187%

from The Business of Fashion https://ift.tt/3sdF2R0

Supply Chain Concerns as China Partially Shuts Another Port

from The Business of Fashion https://ift.tt/3ADGcs6

Brookfield Eyes $25 Billion From Property Sales to Fuel Growth

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

Beauty Brand Il Makiage Acquires AI Start-Up

from The Business of Fashion https://ift.tt/3CIyz5q

Alibaba Sets Up Harassment Hotline as Rape Probe Nears End

from The Business of Fashion https://ift.tt/37A9Lht

Breaking: Adidas to Sell Reebok to Authentic Brands Group for $2.5 Billion

The sportswear giant is focusing on growing its core brand following the pandemic. from The Business of Fashion https://ift.tt/3yJ1C6z

The Fashion Awards to Return to an In-Person Event in November

from The Business of Fashion https://ift.tt/37EDPJ8

Power Moves | Burberry Names New Chief Commercial Officer, Poshmark Adds to Board

Burberry is promoting Gianluca Flore to the C-suite role, while Salesforce executive Ebony Beckwith will join Poshmark’s board. from The Business of Fashion https://ift.tt/3jNJhPm

LVMH-Backed Company Leads €100 Million Funding in Amazon Seller

from The Business of Fashion https://ift.tt/3ABMt7E

China Luxury Resale Report Shows Louis Vuitton, Gucci Lead Searches

from The Business of Fashion https://ift.tt/3s8UttA

Coupang Reports $519 Million in Second Quarter Losses

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

India’s Maharashtra State Reopens Malls to Vaccinated Shoppers

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

Britain’s Boohoo To Invest £500 Million, Create 5,000 New Jobs

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

Why the Crocs Craze May Be Here to Stay

The polarising clogs invaded closets during the pandemic and are cementing their influence with streetwear collaborations and a new retail sales strategy. from The Business of Fashion https://ift.tt/3ArN0Jc

Why Big Retailers Are Finally Taking Resale Seriously

H&M is the latest to enter the space, with a marketplace set to launch on Sept. 7 in Canada. The fast fashion behemoth sees an opportunity to bring in new customers and burnish its sustainability credentials. But it has plenty of competition. from The Business of Fashion https://ift.tt/3shN1ww

Canada Goose Stokes Investor Alarm With Shift in Business Model

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

Online Watch Marketplace Chrono24 Surpasses $1 Billion Valuation In New Funding Round

The company raised more than €100 million, attracting investment from LVMH chief executive Bernard Arnault’s family office. from The Business of Fashion https://ift.tt/3s83W4o

H&M’s Delayed Collab With Indian Designer Sabyasachi Debuts

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

Beauty Testers Are Back

Last year, retailers rolled out pandemic-friendly digital alternatives to in-store makeup samples. But consumers rebelled. from The Business of Fashion https://ift.tt/3xEHPDZ

Burberry Names New Chief Commercial Officer

from The Business of Fashion https://ift.tt/3fTK93U

Beyoncé and Jay-Z Named Tiffany’s Newest Ambassadors

from The Business of Fashion https://ift.tt/3fRYi1B

Poshmark Warns of Marketing Hit From Apple’s Ad Tracking Changes

from The Business of Fashion https://ift.tt/2VL58yX

Luxury Sales Surge Over 20% at Seoul, Busan Department Stores

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

Dubai’s Emaar Malls Swings to Profit in Q2

from The Business of Fashion https://ift.tt/3CMgrb1

How Sustainability Is Changing Fashion PR

Growing demand for ethical products is creating new business opportunities — and new responsibilities — for PR professionals. from The Business of Fashion https://ift.tt/2VMrTCH

What Will It Take to Break Into China’s Sneaker Resale Market?

From fulfillment and logistics hurdles to local competition, international players face a range of challenges within the region. from The Business of Fashion https://ift.tt/3fU9H0J

Latin America’s Version of Shopify Nuvemshop Valued at $2 Billion

from The Business of Fashion https://ift.tt/3fOog5N

African E-Commerce Firm Jumia Targets Tech and User Growth

from The Business of Fashion https://ift.tt/2VAtL1r

Wework To Operate Co-Working Spaces in Some Saks Fifth Avenue Stores

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Why China’s Outlet Mall Boom Is More Than a Pandemic Blip

Sales at outlet malls in China surged last year, fuelling a domestic market that is likely to present both opportunities and new challenges to Western players. from The Business of Fashion https://ift.tt/2VByjoe

Instagram Begins Testing Ads in Shop Function

from The Business of Fashion https://ift.tt/3AtW4xb

Telco MegaFon Sells AliExpress Russia Stake to USM International

from The Business of Fashion https://ift.tt/3s7J9hf

Mercado Libre Q2 Net Revenue Up 94%

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

Hainan’s Duty-Free Retail Sales Surge 257% in H1

from The Business of Fashion https://ift.tt/3m3vWFB

Billionaires Bezos, Murthy to End Controversial India Venture

The seven-year-old joint venture will cease operating from mid-2022, the companies announced on Monday. from The Business of Fashion https://ift.tt/3jzugAE

Shopping Mall Rents Continue to Fall in Saudi Arabia

from The Business of Fashion https://ift.tt/3xA3rBl

Will Luxury Brands Start Accepting Crypto?

Philipp Plein is going for it, and some of the industry’s biggest brands have considered accepting Bitcoin, Ethereum and other blockchain-based payments. But the risks might still outweigh the benefits for more established players. from The Business of Fashion https://ift.tt/2XepZev

Can a Brand Publish a Magazine People Actually Want to Read?

Many fashion and beauty brands have attempted ambitious editorial projects in recent years, with limited success. But they may be part of the secret to building deeper engagement with customers. from The Business of Fashion https://ift.tt/2VIZPQl

Poshmark Adds Salesforce Executive Ebony Beckwith to Board of Directors

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Target Announces Rachel Comey, Sandy Liang and More As Its Next Designer Collaborators

from The Business of Fashion https://ift.tt/2X1Ujsw

Telfar Launches Genderless Sportswear Collection

from The Business of Fashion https://ift.tt/3lMa4yg

Global Warming Will Hit 1.5 Degrees by 2040, UN IPCC Report Warns

from The Business of Fashion https://ift.tt/3AgZ4gi

Alibaba Fires Manager Accused of Sexually Assaulting Employee

from The Business of Fashion https://ift.tt/3Arh3R6

Report: South Korean Retail Giant Lotte Braces for Major Restructuring

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

Chanel Korea Apologises for Customer Data Leak

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

Turkey’s Trendyol Raises $1.5 Billion, Valuing It at $16.5 Billion

from The Business of Fashion https://ift.tt/3lHB6Xu

One-Third of Vietnam’s Textile and Garment Factories Closed

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Careers Counsel | How to Nurture a Growth Mentality

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/3CxsWac

Announcing Lyst, Trunk Clothiers and Kōraru

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/3lH4Qnm

Neiman Marcus ‘Reintroduces’ Itself to Customers In New Campaign

The American department store, which emerged from bankruptcy in 2020, is intent on convincing shoppers it is the premiere retail destination as people reenter the world. from The Business of Fashion https://ift.tt/3fMCaFQ

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Coach, Bella Freud and Tiger of Sweden. from The Business of Fashion https://ift.tt/3fMX7Aj

Unpacking Uniqlo’s India Strategy — Download the Case Study

Japanese apparel giant Uniqlo sees India as the next major battleground in its global expansion plan, but competitors have already gained first-mover advantage there. BoF investigates how one of the world’s largest fashion retailers aims to seize a leadership position by unlocking the immense potential of a market whose unbridled dynamism is equalled only by its extreme complexity. from The Business of Fashion https://ift.tt/3fKg5HK

Shein Shutters Indonesia Operations

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

Amazon Wins Court Battle Over Ambani’s $3.4 Billion Retail Deal

The news is the latest in the battle over Indian supermarket chain Future Retail Ltd., which both Ambani-owned Reliance Industries and Amazon are vying for control over from The Business of Fashion https://ift.tt/37u8wRa

Is the Pandemic E-Commerce Boom Over?

This week, everyone will be talking about earnings from many of fashion’s tech stars, the latest US inflation data and all things metaverse. from The Business of Fashion https://ift.tt/3Cq5yLD

Frank Ocean Launches Independent Luxury Brand ‘Homer’, Teases Prada Collab

- August 07, 2021

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Boohoo Opens up Criticised Supply Chain to Customer Viewing

- August 07, 2021

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Levi Strauss Leaves Board of Better Cotton Initiative

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Fashion Is Learning to Live With Covid-19

New variants and uneven uptake and access to vaccines mean the industry must adapt to uncertainty as a new normal. from The Business of Fashion https://ift.tt/3fDDcUh

Highsnobiety Launches Apparel Collection

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Power Moves | Richemont Names New Board Members; Another Condé Nast Editor Departs

GQ Italia’s Giovanni Audiffredi exists and Hermès’ former chief executive will join Richemont’s board. from The Business of Fashion https://ift.tt/3yvYbjg

How Retailers Can Use Data to Improve Customer Experience

Retail futurist Doug Stephens is joined by a panel of experts to tackle the tricky business of collecting, understanding and using data to improve retail. from The Business of Fashion https://ift.tt/3ytif5P

Havaianas Q2 Revenues Increase 71%

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Milan Fashion Week to Include 42 Physical Shows

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Indonesian E-Commerce Firm Bukalapak Jumps 25% on Debut After Indonesia’s Biggest IPO

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

Russia’s OR Group Sees Revenue Up Almost 12% in H1

from The Business of Fashion https://ift.tt/3CgBv9f

Ex-Condé Nast China Publisher to Launch Attitude Magazine China

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

Chinese Retailer Shein Lacks Disclosures, Made False Statements on Factories

from The Business of Fashion https://ift.tt/2Vu5wBN

In Atlanta, Kanye West Finds Protection and Redemption

The rapper debuted his 10th studio album with a dramatic show that featured 5,000 dancers and bore the hallmarks of Balenciaga creative director Demna Gvasalia from The Business of Fashion https://ift.tt/3lCr89Y

What’s Driving Activewear’s Endless Boom?

Sportswear companies are upgrading their outlooks for the year as consumers’ appetite for yoga pants and joggers shows no sign of letting up. from The Business of Fashion https://ift.tt/2U06Hbu

Dubai-Based Buy Now, Pay Later Platform Tabby Raises $50 Million

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

Levi Strauss & Co. to Buy Beyond Yoga

The denim company expects the all-cash transaction to add more than $100 million to its net revenue by the end of 2022. from The Business of Fashion https://ift.tt/3lEBEgG

Diamond Sales at De Beers’ Botswana Unit Rebound

from The Business of Fashion https://ift.tt/2TX8XAh

European Wax Center Valued at Over $1 billion in Market Debut

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

Harvey Nichols Partners with Reflaunt to Launch Resale Service

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

Crocs Hits Junk-Bond Market to Fund Stock Buybacks

from The Business of Fashion https://ift.tt/3rZhPC6

Shiseido Launches Beauty Innovations Fund in China

from The Business of Fashion https://ift.tt/3jpBx67

Depop Partners with Rental Platform Hurr

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

Zalando Spends More on Marketing as Lockdowns Ease

from The Business of Fashion https://ift.tt/3lzPb99

Walmart Loses One of Its Highest-Ranking Senior Female Officers

from The Business of Fashion https://ift.tt/3ChlT5e

Former Hermès CEO Patrick Thomas To Join Richemont’s Board

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Adidas Hikes Outlook Despite Hit to China Sales

from The Business of Fashion https://ift.tt/2WYy5Yw

India Enforcement Agency Warns Flipkart, Founders They Could Face $1.35 Billion Fine

from The Business of Fashion https://ift.tt/3Cjbnu7

South Korea’s Musinsa to Pour $12 Million Into Fashion Start-Ups

from The Business of Fashion https://ift.tt/3yvXre8

Vogue’s Global September Issue Will Feature More Shared Content, Different Covers

The issue marks the most extensive global content collaboration for Vogue since Condé Nast merged its international and US branches and promoted Anna Wintour as its global head. from The Business of Fashion https://ift.tt/3ftANLW

A Wave of Designers Is Changing the Conversation Around Cultural Appropriation

Young and emerging brands are seeking more sustainable ways to work with indigenous artisans to support and promote their craft. from The Business of Fashion https://ift.tt/2Vh41XL

The Future of Fashion Resale

Digital platforms have transformed the second-hand fashion market. How should brands and retailers tap into the opportunity? from The Business of Fashion https://ift.tt/3lu2Pe8

Thailand Latest to Ban Coral Damaging Sunscreens

from The Business of Fashion https://ift.tt/3lxXkv2

Forever 21 Makes China Market Comeback

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

YouTube Partners with Copenhagen Fashion Week

from The Business of Fashion https://ift.tt/3AbrEQ9

The Hut Group Buys Cult Beauty for £275 Million

The acquisition is the latest sign of consolidations in the UK’s sizeable prestige beauty market. from The Business of Fashion https://ift.tt/3Ch4n12

Beauty and Lingerie Lines Help Rihanna Become a Billionaire

from The Business of Fashion https://ift.tt/3fyC8kO

L’Oreal Works With Period-Tracking App to Find Skincare Secrets

from The Business of Fashion https://ift.tt/3jpLS1B

What’s Next for Beauty Investors

A return to pre-pandemic beauty habits means people are heading back to stores to shop for skin care and makeup — and investors are rethinking where they’re putting their cash. from The Business of Fashion https://ift.tt/3xulNnq

Report: Mike Ashley Set to Step Down From Sports Direct

from The Business of Fashion https://ift.tt/3C90VWh

Amazon Launches Free One-Day Delivery in Brazil Amid Fierce Competition

from The Business of Fashion https://ift.tt/2VlNv8K

Hugo Boss Aims to Double Sales to $4.75 Billion by 2025

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

The Hut Group Buys Cult Beauty for £275 million

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

China’s Delta Outbreak Cuts Travel, Prompting GDP Downgrades

At least 46 cities have urged residents against traveling unless absolutely necessary, but there are uncertainties about the duration of the outbreak. from The Business of Fashion https://ift.tt/3CgGire

South Africa Property, Retail Firms Bet on Townships Despite Unrest

Hundreds of businesses have been hit by riots that broke out this month, but developers and retailers are optimistic. from The Business of Fashion https://ift.tt/3A3eG6S

Why Price Inflation is Coming to Fashion

Apparel prices are rising at their fastest pace in years, as the cost of everything from cotton to container shipping soars. BoF lays out how to seize the opportunity to break a decade-long cycle of discounting. from The Business of Fashion https://ift.tt/3iipxUt

Amiri Takes on the Luxury Establishment

Boosted by its recent growth and a minority investment from Renzo Rosso’s OTB, Mike Amiri’s namesake luxury label is scaling on his own terms. from The Business of Fashion https://ift.tt/3fvpdQp

Modest Fashion Day Comes to Russia’s Kazansummit

from The Business of Fashion https://ift.tt/2VnGG6D

NYFW Will Only Allow Vaccinated Guests to Attend Shows

IMG and the CFDA will also be requiring proof of vaccination. from The Business of Fashion https://ift.tt/3fvEHnx

Hearst’s iCrossing Acquires London-Based Digital Agency Mediablaze

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

Wolverine Worldwide Acquires Sweaty Betty for $410 Million

The deal marks an expansion into apparel and direct-to-consumer business for the group known for its wholesale-dependent footwear brands. from The Business of Fashion https://ift.tt/3jm67NM

The Restory Expands Into Clothing Aftercare

from The Business of Fashion https://ift.tt/3jkNj1j

Ralph Lauren Beats Revenue Estimates on Luxury Rebound, Shares Rise

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

Wolverine Acquires Sweaty Betty for $410 Million

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

Three Ways Brands Are Tapping China’s Digitally Native Luxury Shoppers

Digital avatars, branded gaming skins and customised red packets are increasingly popular marketing tactics in the world’s top luxury market. Are they here to stay? from The Business of Fashion https://ift.tt/3A5FwLL

Under Armour Boosts Forecasts as Athletic Apparel Revenue More Than Doubles

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

Alibaba’s Quarterly Revenue Jumps 34%

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

Steve Madden Shifts Production From China to Mexico and Brazil

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

Chinese Actor Xu Kai is Fendi’s New Brand Ambassador

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

India’s Nykaa Files to Go Public as Country’s Start-Ups Surge

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

Trading Begins For Victoria’s Secret After Split From L Brands

from The Business of Fashion https://ift.tt/3ft1RuL

Former Seoul Shopping Hot Spot Myeongdong Hits 43% Vacancy Rate

from The Business of Fashion https://ift.tt/3ym9zyi

Can Fashion Start-Ups Cash In on the Tennis Boom?

For a new wave of tennis-inflected fashion start-ups, success may depend on balancing the energy of the sport’s increasingly inclusive present with the allure of its exclusive past. from The Business of Fashion https://ift.tt/2VhRtPF

How Fashion Can Tackle Its Supply Chain Crisis

Between factory lockdowns and a shipping crunch, the pandemic is making it difficult for brands to take advantage of surging demand. BoF spoke with experts about how to make the best of a bad situation. from The Business of Fashion https://ift.tt/3jgPx1N

Poshmark Announces India Expansion

from The Business of Fashion https://ift.tt/3C7C3hr

The CFDA Fashion Awards to Return to an In-Person Event in November

from The Business of Fashion https://ift.tt/3C7KgSU

GQ Italia’s Giovanni Audiffredi Latest Condé Nast Editor to Step Down

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

SMCP CEO Departs for Design Holding

Maje CEO Isabelle Guichot will replace Daniel Lalonde, who oversaw the contemporary fashion group’s expansion and sale to Shandong Ruyi. from The Business of Fashion https://ift.tt/3iiuA7B

Report: Foot Locker to Buy Two Retailers for $1.1 Billion

from The Business of Fashion https://ift.tt/3llT9Cv

K-Beauty Giant Amorepacific Sees Q2 Net Profit Rise 2,680%

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

Bulgari Becomes Latest LVMH Brand to Partner With JD.com

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

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Vetements, Margaret Howell and Who What Wear. from The Business of Fashion https://ift.tt/3A29rVa

Careers Counsel | Addressing Return-to-Office Concerns

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/3fi968D

Sandro Owner SMCP Names Isabelle Guichot As CEO

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

Middle East Luxury Retail Pioneer Michel Chalhoub Dies