Fashion World News

French brand Ba&sh saw record sales this year, joining a group of mid-priced labels in defying the broader segment squeeze. What’s behind their success? from Business of Fashion https://ift.tt/2ZIZu2o

The State of Fashion 2022

Please join us on Wednesday December 8, at 18:00 GMT for a special #BoFLIVE, exclusively for Professional Members, with the authors of The State of Fashion 2022. BoF’s Imran Amed and McKinsey’s Achim Berg will go deeper into the key findings from this year’s report and explain how business leaders should prepare for the new and persisting challenges and fresh opportunities to grow and evolve in the year ahead. from Business of Fashion https://ift.tt/31k8z2h

Virgil Abloh’s Show Goes On

The show the designer was planning up until the end of his life went on as scheduled in Miami. But what had originally been intended as an event for Louis Vuitton’s top clients took on the form of a celebration and tribute before a gathering of Abloh’s collaborators, friends and colleagues. from Business of Fashion https://ift.tt/3lqeKc1

Gucci Family Claim “House of Gucci” Inaccuracies

The family has released a statement admonishing the new film, which depicts the Italian fashion dynasty’s decline. from Business of Fashion https://ift.tt/3Ed0xqq

A New Era for China’s $15 Billion Streetwear Market

Luxury brands, local labels, major exhibitions and digital platforms are driving a more complex and increasingly fragmented streetwear sector in China. from Business of Fashion https://ift.tt/3E7Y5kJ

Inditex Founder’s Daughter to Become Chairwoman, CEO to Step Down

Marta Ortega will take over as chairwoman in April with a new chief executive, as a last step of a generational handover that started a decade ago, the company said. from Business of Fashion https://ift.tt/3o8gmJq

Edgewell Buys Razor Brand Billie After P&G Was Blocked From Buying It

The owner of Schick and Banana Boat said it purchased direct-to-consumer razor brand Billie Inc. in a $310 million transaction. from Business of Fashion https://ift.tt/3rqjrq2

Reimagining Funding to Democratise Fashion Entrepreneurship

Clearco has invested more than $2.4 billion in over 6,000 businesses, leveraging AI to remove the bias. Its portfolio has eight times more women-founded businesses than traditional VC firms and 30 percent of founders are people of colour. from Business of Fashion https://ift.tt/3Eb1vU6

How to Seize Fashion’s Gaming Opportunity — Download the Case Study

Vans, Balenciaga and Benefit Cosmetics are among the fashion and beauty brands to have recently leaned into the multi-billion-dollar gaming industry. With strategies aimed at fostering community, generating buzz and authentically engaging with gamers, they have been able to connect with a largely untapped and still-growing global audience. from Business of Fashion https://ift.tt/3d7ac5C

Soaring Resale Demand for Off-White Product Puts Platforms in a Bind

Online resale sites have seen searches and sales for Virgil Abloh’s designs soar following the news of his unexpected death. The interest may pose a problem for platforms, which could be seen to be enabling profiteering from the designer’s passing. from Business of Fashion https://ift.tt/31dH7mm

Making Sense of This Year’s Black Friday Sales

Consumers began shopping for gifts earlier than usual this year, leading to a lacklustre Thanksgiving weekend — but likely stronger holiday spending overall. from Business of Fashion https://ift.tt/3I5dNj5

Reimagining Funding to Democratise Fashion Entrepreneurship

TikTok Parent Eyes Middle East E-Commerce Opportunity With Logistics Investment

ByteDance Ltd has invested in Dubai-based iMile Delivery as part of the first major fundraising by the courier startup that services Chinese online vendors, according to people familiar with the matter. from Business of Fashion https://ift.tt/3d2nPmP

Belgian Fashion Awards Honour Walter Van Beirendonck

The Belgian Fashion Awards and biannual conference, Fashion Talks, were both held in Antwerp last week, with Walter Van Beirendonck winning the Jury Prize recognising a career of excellence. from Business of Fashion https://ift.tt/3d1xdqY

Lululemon Fires Back at Peloton With Its Own Patent Lawsuit

Lululemon Athletica Inc. sued Peloton Interactive Inc. for patent infringement five days after the fitness bike company filed a pre-emptive suit against the clothing maker, as a dispute over a busted co-branding deal heats up. from Business of Fashion https://ift.tt/3lmLC5z

Virgil Abloh Honoured at Fashion Awards

The gala opened with a tribute to the late designer, who passed away from a rare form of cancer this weekend. from Business of Fashion https://ift.tt/3I4YDKx

The Fashion World Remembers Virgil Abloh

The industry pays tribute to the much-loved designer, whose death was announced on Sunday. from Business of Fashion https://ift.tt/3IeVCaX

Louis Vuitton to Pay Tribute to Virgil Abloh at Miami Show

The Miami show will go ahead as planned Tuesday “in loving memory” of the designer, in line with his wishes, the brand said. from Business of Fashion https://ift.tt/3HVZ4XA

Maison Kitsuné Launches Investment Arm, Backs Connor McKnight

The French fashion and lifestyle brand’s early stage investment arm, Kitsuné Ventures, launched Nov. 29 and will invest in businesses across fashion, media, hospitality and technology. from Business of Fashion https://ift.tt/3rk9bzK

Announcing Deckers Brands’ UGG and Hoka

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from Business of Fashion https://ift.tt/3D7gvRo

VOICES 2021 — Explore the Full Agenda

BoF VOICES is returning this year from Dec. 1 to 3 with a stellar lineup of speakers from the worlds of technology, business, politics, finance, science, health & wellness, philanthropy, activism — and of course, fashion. from Business of Fashion https://ift.tt/3xzcxja

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from i-D, Coach and LN-CC. from Business of Fashion https://ift.tt/3cUlx9k

Virgil Abloh Has Died After a Private Battle With Cancer

He had battled a rare form of cancer for years, according to a statement on his Instagram account. from Business of Fashion https://ift.tt/3lguwWG

Fashion and Art Collide in Miami

This week, everyone will be talking about fashion crossovers at Art Basel Miami Beach, London’s Fashion Awards and BoF VOICES. from Business of Fashion https://ift.tt/3xueEVJ

Peloton Sues Lululemon in Bid to Protect Sportswear Patents

- November 27, 2021

Lululemon claimed in a Nov. 11 cease and desist letter that five Peloton products infringe its apparel design patents. Peloton then sued in Manhattan federal court Wednesday — just two days before Black Friday’s start of the holiday shopping season. from Business of Fashion https://ift.tt/3cULhlU

Maria Raga on Why Community Is Central to Depop’s Success

The chief executive of the online peer-to-peer marketplace believes the platform’s ability to connect people sets it apart from typical fashion e-commerce. from Business of Fashion https://ift.tt/3xpt2hY

Careers Counsel | How to Develop Your Leadership Style

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

Virtual Fashion Is Big News. Can It Be Big Business?

From the Fashion Awards to Nike, the industry is trying more and more to talk to consumers in cyberspace. from Business of Fashion https://ift.tt/3CTAUte

Roland Mouret Files For Administration, Shuts Down Carlos Place Store

The London-based couturier best known for its curve-hugging “Galaxy” dress has entered administration as the market for high-end occasion-wear continues to struggle, BoF has confirmed. from Business of Fashion https://ift.tt/3lb30dq

Fearing Empty Shelves, Black Friday ‘Early Birds’ Head to US Stores

A surge in online shopping has dampened the size of traditional Black Friday crowds in recent years, but concerns over supply shortages are expected to lead to queues this year. from Business of Fashion https://ift.tt/3xqMzhN

China’s Pinduoduo Revenue Disappoints as Pandemic-Led Shopping Boom Wanes

The Chinese e-commerce platform is facing a challenging environment as shoppers have returned to stores and Chinese authorities are cracking down on large tech companies. from Business of Fashion https://ift.tt/3lblKJw

Chinese Beauty Retailer Harmay Acquires Kevyn Aucoin Brand

The up-and-coming beauty retailer recently acquired the makeup brand, though no other details have been revealed about the deal. from Business of Fashion https://ift.tt/30WpvMn

Alibaba-Owned Daranz Gears Up for Battle Against Amazon

Pakistan’s largest e-commerce retail platform Daraz aims to host up to 300,000 small to medium enterprises (SMEs) in two years, to bolster its position in its home market in the face of potential competition from global giant Amazon. from Business of Fashion https://ift.tt/32BCSBZ

Introducing ‘The BoF Show with Imran Amed’ Streaming on Bloomberg Quicktake

The Business of Fashion is excited to introduce “The BoF Show with Imran Amed”, an immersive streaming video series created in partnership with Bloomberg Quicktake. from Business of Fashion https://ift.tt/3DWTcef

Resale: Inside the $130 Billion Secondhand Fashion Market

Pre-loved fashion is on the rise, as old clothes find new wearers via global technology platforms. What are the rewards and the risks of this resale revolution? from Business of Fashion https://ift.tt/3xoRwYq

Power Moves | Estée Lauder Names New China, North America Leads; Neiman Marcus Boosts Executive Ranks

Estée Lauder named Mark Loomis president for North America and Joy Fan head of China, while Neiman Marcus Group announced three new senior hires. from Business of Fashion https://ift.tt/3I4ZU4D

Report: China’s Luxury Resale Market to Reach $33 Billion by 2025

China’s domestic luxury resale market was valued at 51 billion yuan ($8 billion) in 2020 and its total value will exceed 208 billion yuan ($32.75 billion) by 2025, with a compound annual growth rate (CAGR) of 32.5 percent. from Business of Fashion https://ift.tt/3oZl6Qz

Walmart, Gap, Nordstrom Unnerve Investors Ahead of Crucial Holiday Season

Big retailers are feeling the pressure from supply chain disruptions and rising costs. from Business of Fashion https://ift.tt/3nQjb1B

European Fashion Accelerator Boosts Young Designers

This year’s edition of European Fashion Accelerator (EFA), a platform dedicated to promoting young Central European designers, was held in Prague and featured nine designers under the age of 28 from the Czech Republic, Slovakia, Poland and Hungary. from Business of Fashion https://ift.tt/3DYbCLW

Alessandro Michele to Receive Trailblazer Award at BFC’s Fashion Awards

The creative director will be among the honourees on Monday for his work “positioning Gucci at the intersection of culture, art, music and film.” from Business of Fashion https://ift.tt/3FLeqfH

US Online Spending Has Surged 20% This Month in Sign of Early Shopping

Online consumer spending jumped 20 percent this month through Tuesday in a sign that holiday shopping has started early, according to the Adobe Digital Economy Index. from Business of Fashion https://ift.tt/3l86j4Z

Why Beauty Won’t Stop Expanding

The high-growth category now includes everything from vibrators to vitamins as consumers look for more holistic solutions rather than just products. from Business of Fashion https://ift.tt/3xi7jbJ

TikTok Fan Favourite Revolution Beauty to Expand in US Market

The makeup company plans to launch in 2,800 retail stores in the next three months. from Business of Fashion https://ift.tt/3CKBoBH

Korean Beauty Retailer Olive Young Eyes $1 Billion IPO

The health and beauty chain, also known as CJ Olive Young, is looking to raise $1 billion in a local public offering sources say will take place early 2022. from Business of Fashion https://ift.tt/3xlvZ3a

Russia’s Melon Fashion Group Sees Revenue Grow 66%

The Saint Petersburg-based fashion conglomerate's revenues for the first nine months of this year have already surpassed total revenues for full-year 2020. from Business of Fashion https://ift.tt/3HP8Smf

Coty Invests in Prestige Skin Care Brand Orveda as It Aims to Grow Both Categories

Coty is continuing its prioritisation of prestige with an investment in Orveda, a skin care label known for its vegan, genderless offering and microbiome and prebiotics focus. from Business of Fashion https://ift.tt/3npxNoa

Mulberry Gears up for Christmas as Sales Rise to Pre-Pandemic Levels

Mulberry said on Wednesday demand for its luxury products is back at pre-pandemic levels with sales in the UK and Asia powering a 34 percent surge in first-half revenue, as it prepares to benefit from the holiday shopping season. from Business of Fashion https://ift.tt/3xgkR7z

Mall Brands Plunge as Gap, Nordstrom Add to Worries

Mall staples Gap Inc. and Nordstrom Inc. tumbled after reporting disappointing results, adding to a series of worrisome retail earnings and renewing concerns over the global supply chain crisis. from Business of Fashion https://ift.tt/3DPtmJg

Inside Adidas’ Billion-Dollar Digital Transformation

The German sneaker giant is investing for a new era of tech-enabled retail in a bid to close the gap with Nike. from Business of Fashion https://ift.tt/3CQnJJk

What Will ‘House of Gucci’ Mean for Gucci, the Brand?

What will Ridley Scott’s intended blockbuster starring Lady Gaga really mean for the multi-billion dollar brand? from Business of Fashion https://ift.tt/2ZgGFDm

China Circulates New Rules for Celebrities Promoting Brands, Products

At a time when more international brands than ever are tapping into the power of Chinese celebrities to reach young consumers in the world’s largest fashion and luxury market, those celebrities are coming under intense scrutiny from authorities concerned about their influence. from Business of Fashion https://ift.tt/3nJcKNI

Nordstrom Beats Revenue Estimates on Strong Apparel Demand

Nordstrom Inc beat estimates for quarterly sales on Tuesday, as people rushed to its stores to buy apparel and footwear, even as supply-chain disruptions threaten to create shortages at its off-price outlets during the holiday season. from Business of Fashion https://ift.tt/3CQvXkB

The 24-Year-Old Aiming to Dethrone Victoria’s Secret

Parade has a grand plan to be the ‘next big underwear brand.’ Up next: its first store. from Business of Fashion https://ift.tt/3DHBDyK

American Eagle Outfitters Holiday Inventory Balloons, Sales Impress

American Eagle Outfitters Inc said on Tuesday its inventory levels jumped ahead of the holiday season as it spent more on air freight to overcome supply chain disruptions, after posting better-than-expected quarterly results. from Business of Fashion https://ift.tt/3DMo29s

Pre-Owned Seller WatchBox Raises $165 Million

The US-based e-commerce platform, which also counts stores in Dubai and Hong Kong among other locations, announced a funding round led by The Radcliff Companies and The Spruce House Partnership. from Business of Fashion https://ift.tt/30Q5Kpk

A Year of Hits and Misses for China’s Fashion Billionaires

Some of China’s most high-profile billionaire tech barons have seen their fortunes fade in 2021, but new business models and market trends have driven vast wealth creation for others. from Business of Fashion https://ift.tt/32hbl8C

Britain’s M&S Buys 25% Stake in Nobody’s Child

Britain’s Marks & Spencer (M&S) has bought a 25 percent stake in womenswear brand Nobody’s Child, as it seeks to accelerate a revival in its clothing arm, it said on Tuesday. from Business of Fashion https://ift.tt/3l2VGQP

South Africa’s Budget Fashion Giant Sees Profits Surge

South African retailer Pepkor Holdings on Friday reported a 115.2 percent jump in annual earnings, rebounding from a low base in 2020 when it was hit by coronavirus lockdown restrictions. from Business of Fashion https://ift.tt/32l0cUh

Dubai’s Emaar Completes Malls, Properties Merger

Developer Emaar Properties has completed its merger with retail arm, Emaar Malls, in a deal that delists the mall operator, the Emirati multinational announced Nov. 22. from Business of Fashion https://ift.tt/3oPGEzb

Industry Insights on Evolving Luxury Consumer Behaviour

Bulgari CEO Jean-Christophe Babin and McKinsey senior partner Aimee Kim discuss what is driving the female-identifying hard luxury consumer to purchase today. BoF shares key insights. from Business of Fashion https://ift.tt/3oUO9EN

Fashion’s New Digital Frontier

Virtual fashion has blown up this year, as brands have dabbled in gaming and piled into the NFT craze. Is it a bubble or the next big thing? from Business of Fashion https://ift.tt/30JSZfP

To Hold Gen-Z’s Attention, Brands Need to Show Some Personality

Brands have figured out how to go viral on TikTok, but holding young consumers’ attention for longer than it takes to swipe to the next video remains a challenge. Fashion must take a cue from the platform’s most successful creators and build an online persona that doesn’t need to hop on the latest trend. from Business of Fashion https://ift.tt/3nKzLjn

The Chief Supply Chain Officer is the New C-Suite Star

Big brands are beefing up their executive ranks with experts who can ensure increasingly complex supply chains operate smoothly and sustainably. from Business of Fashion https://ift.tt/3HIYdtf

China Fines Top Livestreamers for Tax Evasion

Livestreaming stars are the latest to find themselves in trouble with China's tax authorities. from Business of Fashion https://ift.tt/3FBY8pq

Influencer Marketing Platform LTK Valued at $2 billion as SoftBank Invests

Influencer marketing platform LTK raises $300 million from SoftBank. from Business of Fashion https://ift.tt/3HDVl0R

Why Jewellery’s Diversity Problem Is So Hard to Fix

The industry is reckoning with a lack of opportunities for Black designers. But change comes slow in a world where money and connections often determine who has access to precious stones. from Business of Fashion https://ift.tt/32dZWqf

CVC Invests in Forever 21 Owner at $13 Billion Enterprise Value

Authentic Brands Group Inc. — the owner of labels such as Forever 21 and Brooks Brothers — will have an enterprise value of $12.7 billion following the transaction, according to a statement. from Business of Fashion https://ift.tt/3kYI88V

China Fines Alibaba, Tencent in Latest Antitrust Investigation

Alibaba Group Holding Ltd., Tencent Holdings Ltd. and Baidu Inc. are among companies that have been ordered to pay a total of 21.5 million yuan ($3.4 million) in fines by China’s competition watchdog, the latest round of penalties in the nation’s ongoing crackdown on monopolies. from Business of Fashion https://ift.tt/2Z8Xccr

Melbourne Fashion Week Aims to Boost Post-Lockdown Economy

Melbourne was hoping for a fashion-led recovery from its long winter of lockdown with its latest edition of Melbourne Fashion Week (MFW), which wrapped up Nov. 21. from Business of Fashion https://ift.tt/3CErAZW

How the New Wave of Fast Fashion Brands Really Work

Edikted is less than a year old but it’s all over TikTok and already topping search rankings among Gen Z consumers. The brand’s founder explains his formula. from Business of Fashion https://ift.tt/3CEpMjC

Can Levi’s Turn Regular Employees Into Data Scientists?

Levi’s is aiming to turn employees in roles across the company from AI novices to capable practitioners as it seeks to weave data science throughout its business. from Business of Fashion https://ift.tt/3nBsEcW

The Best Jobs on BoF Careers

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

Lanvin Group Unveils New Logo

Lanvin Group officially unveiled its new brand identity Monday, after changing its name from Fosun Fashion Group in October. from Business of Fashion https://ift.tt/3HIyPnh

Why Effeminate Men Have Been Banned in China

The government’s recent ban on so-called “sissy men” in the media could have far-reaching implications for China’s fashion community and global brands operating there. from Business of Fashion https://ift.tt/3ckT8ci

Retailers Have Sky-High Expectations for Black Friday. Will Shoppers Show Up?

This week, everyone will be talking about Black Friday, earnings from Abercrombie & Fitch and other mall brands, plus House of Gucci from Business of Fashion https://ift.tt/3nCLvo0

Dover Street Market Aims to Reinvent Retail (Again)

- November 20, 2021

Comme des Garçons’ chain of luxury bazaars reimagined multi-brand retail. Now, CEO Adrian Joffe is aiming to do it again with radical events platform 3537. from Business of Fashion https://ift.tt/3CiFz7C

Ib Kamara to Be Honoured at Fashion Awards 2021

The Dazed Magazine editor in chief will receive the Isabella Blow Award for Fashion Creator at the ceremony on Nov. 29. from Business of Fashion https://ift.tt/326PXCX

L’Oréal Offers Vouchers to End Spat With China’s “Lipstick Brother”

French cosmetics giant L’Oréal is offering shopping vouchers to some Chinese customers to settle a dispute over discounts that drew the ire of the country’s top two livestreaming sales stars, the pair said. from Business of Fashion https://ift.tt/3Ctl6Nu

Careers Counsel | 4 Tips on How to Pitch Ideas to Co-Workers

Careers Counsel is a weekly round-up of the most helpful and inspiring advice for boosting your career. from Business of Fashion https://ift.tt/3DBK12D

What the Potential Richemont Deal Means for Farfetch

The fast-growing luxury marketplace’s latest results disappointed some investors, putting more pressure on the a tie-up with Richemont that could boost Farfetch’s platform ambitions. from Business of Fashion https://ift.tt/3CyaZHh

The Dematerialised on the Rise of Virtual Fashion

Marjorie Hernandez and Karinna Nobbs, co-founders of The Dematerialised, explain why, one day, a digital dress could be just as desirable as a physical one, as featured in the fourth episode of The BoF Show, now streaming on Bloomberg Quicktake. from Business of Fashion https://ift.tt/3Dz5fhD

Ib Kamara to Be Honoured at Fashion Awards 2021

The Dazed Magazine editor in chief will receive the Isabella Blow Award for Fashion Creator at the ceremony on Nov. 29. from Business of Fashion https://ift.tt/30GRM9a

Shopee’s Q3 Revenue Up 134%

The Singapore-based e-commerce giant reported an 80.6 percent boost in gross merchandise value (GMV) year-on-year, with total orders up 123.2 percent year-on-year. from Business of Fashion https://ift.tt/3FyR5xx

Perfect Diary Parent Reports Slight Revenue Increase, $100 Million Share Buyback

Yatsen Holdings, the Chinese beauty conglomerate which owns brands including Perfect Diary, Abby’s Choice, Eve Lom and Galénic, reported net revenues for its third quarter, ending Sept. 30, of 1.34 billion yuan ($208.4 million), a year-on-year increase of 6 percent. from Business of Fashion https://ift.tt/2Z0OVHt

Russian Retailer Familia Sees Revenue Grow By Almost 50%

Russian off-price retailer, Familia, increased its revenue by 47.8 percent in the first nine months of 2021 compared to the same period last year and by 30.6 percent compared to pre-pandemic levels in the first nine months of 2019. Revenue for the period reached 24.9 billion roubles ($342 million). from Business of Fashion https://ift.tt/3nxXDqo

How Brandon Blackwood Avoided Being a One-Hit Wonder

The designer, whose viral "End Systemic Racism" bags helped him build a cult following, is now turning his attention to building a full-fledged brand beyond his signature totes. from Business of Fashion https://ift.tt/3x1zvPS

Power Moves | Bottega Veneta’s New Creative Director; Versace’s Interim CEO

Mattheiu Blazy will succeed Daniel Lee, and Cedric Wilmote will helm Versace as it searches for Jonathan Akeroyd’s permanent successor. from Business of Fashion https://ift.tt/3oJfg5D

Beauty Brands’ Newest Exit Strategy

A new wave of deals in beauty show there are future paths beyond an acquisition from Estée Lauder or L’Oréal. from Business of Fashion https://ift.tt/3npOcZQ

Farfetch Shares Plunge in After-Hours Trading on Revenue Miss

Shares were down 24 percent in after-hours trading, after the luxury marketplace reported a 33 percent increase in revenue to $583 million in the three months ending September 20, 2021, short of the average analyst forecast for $591 million. from Business of Fashion https://ift.tt/30wiT6F

Nike Jumps Into Metaverse With Virtual World on Roblox Platform

Nike Jumps Into Metaverse With Virtual World on Roblox Platform from Business of Fashion https://ift.tt/3qMFC9G

Oprah and Reese Witherspoon Invest in Spanx at $1.2 Billion Valuation

Oprah Winfrey and the actress Reese Witherspoon were among new investors in Spanx Inc. as the womenswear brand completed a majority sale to funds managed by Blackstone Inc. from Business of Fashion https://ift.tt/3r4TBrJ

Macy’s Says It Is Working With Alixpartners to Review Its Business Structure

Macy’s Inc said on Thursday it is working with consulting firm AlixPartners to review its business structure, just a month after activist investor Jana Partners urged the department store chain to sell its e-commerce business. from Business of Fashion https://ift.tt/3kMJK5y

At Columbia College Chicago, a Return to Hands-On Learning

The creative and liberal arts college’s curriculum is rooted in hands-on learning, immersive experiences and their diversity, equity and inclusion mission. The chair of fashion studies shares insights alongside faculty and students. from Business of Fashion https://ift.tt/3nuG629

Patrizio Bertelli on Prada’s Next Chapter

After a lengthy turnaround, CEO Patrizio Bertelli outlines his growth plans for the Milanese fashion giant. from Business of Fashion https://ift.tt/3wYDIUl

House of Fraser to Close London Flagship Store

Parent company Frasers Group — formerly known as Sports Direct — announced on Thursday that the department store had been served notice by its landlord who has received planning permission to redevelop the site. from Business of Fashion https://ift.tt/3np9A1o

Alibaba Misses Quarterly Revenue Expectations

China’s Alibaba Group Holding Ltd on Thursday missed market expectations for second quarter revenue, as consumption in the country slowed and its e-commerce business took a hit from supply chain constraints. from Business of Fashion https://ift.tt/3npQHeO

Global Beauty Accelerator SuperOrdinary Pours $25 Million Into E-Commerce Partner Crea

SuperOrdinary, which helps brands like Drunk Elephant, The Ordinary and Super Goop enter new markets or platforms, has invested $25 million in Bangkok-based Crea, the companies announced Nov. 17 from Business of Fashion https://ift.tt/3wX4g8u

Victoria’s Secret Sued by Fitness Influencer Kayla Itsines’ ‘Sweat’ Owner

A health and fitness company is suing Victoria’s Secret Stores Brand Management LLC in Utah federal court for allegedly copying its trademark. from Business of Fashion https://ift.tt/3wZMVvN

China’s JD.com Reports 25% Jump in Quarterly Revenue

Chinese e-commerce firm JD.com Inc reported on Thursday a 25.5 percent rise in quarterly revenue, boosted by sustained demand for online shopping. from Business of Fashion https://ift.tt/3FsIFYM

China’s Top Livestreaming Sales Stars in Dispute With L’Oréal

China’s top two livestreaming sales stars said they have suspended cooperation with French cosmetics giant L’Oreal over a dispute about prices during Alibaba Group’s Singles Day shopping promotion earlier this month. from Business of Fashion https://ift.tt/3FpOExf

Why Jewellery’s Diversity Problem Is So Hard to Fix

Should Fashion Consider Same-Day Delivery?

Ulta and Abercrombie & Fitch are the latest retailers to offer shoppers ultra-fast delivery through partnerships with courier companies. While the service isn’t yet industry table stakes, experts say it’s an effective tool for driving loyalty. from Business of Fashion https://ift.tt/3FkJjaA

Coty Invests in Prestige Skin Care Brand Orveda as It Aims to Grow Both Categories

What You Will Learn at VOICES 2021

Explore the core themes and reserve your spot to attend BoF’s annual gathering for big thinkers. from Business of Fashion https://ift.tt/3HrkKe5

Gabriela Hearst in Conversation with Tim Blanks

The Chloé creative director speaks with Tim Blanks about desirability, sustainability and fashion’s future. from Business of Fashion https://ift.tt/3kJd0Kr

In New York, BoF and Shopify Host Forum on Retail’s New Paradigm

Industry leaders gathered to discuss the challenges and opportunities native-app commerce represents as retail shifts from mobile browsing to in-app purchases, before calling for closer ties within the American fashion community to navigate disruption and support young talent. from Business of Fashion https://ift.tt/3HvXCLm

Louis Vuitton Brings Spring/Summer Show to Shanghai

Shanghai’s shipyard repair docks were transformed on Wednesday evening, adorned with 1,800 custom-made chandeliers in order to serve as the backdrop of the latest outing for Louis Vuitton’s Spring/Summer 2022 collection. from Business of Fashion https://ift.tt/3qK0UVh

PVH Corp. Will Close Its Manufacturing Facility in Ethiopia

Chief supply chain officer Sarah Clarke made the announcement to the company in a note sent out Wednesday, citing the Ethiopian’s government current conflict with forces aligned with the Tigray People’s Liberation Front. from Business of Fashion https://ift.tt/3DnBtwi

Vanity Fair’s European Editions Align Following Consolidation

In another example of how Condé Nast’s content has changed now that each publication has single regional and global editors, the Italian, French and Spanish editions of Vanity Fair announced a shared theme for its upcoming editions. from Business of Fashion https://ift.tt/3oGbzO6

PVH Corp. Will Close Its Manufacturing Facility in Ethiopia

PVH Is Closing Its Manufacturing Facility in Ethiopia from Business of Fashion https://ift.tt/3kNKZl0

Beauty Brands’ Newest Exit Strategy

A new wave of deals in beauty show there are future paths beyond an acquisition from Estée Lauder or L’Oréal. from Business of Fashion https://ift.tt/3npOcZQ

Chen Man Photo at Dior’s Shanghai Exhibit Sparks Heated Online Debate

A photograph from one of China’s most famous fashion photographers, Chen Man, featured as part of a Christian Dior exhibition in Shanghai has drawn the ire of state media on Monday. from Business of Fashion https://ift.tt/2YUTdjL

Olaplex Sales Up 80 Percent in First Quarterly Earnings

The hair products maker — which fetched a valuation of more than $13.6 billion in an upsized initial public offering on Sept. 30 — posted net sales of $161.6 million and almost doubled its net income, at $56.6 million. from Business of Fashion https://ift.tt/30BowAU

Dover Street Market Aims to Reinvent Retail (Again)

At Klarna, A New Customer Acquisition Channel for Retailers

“I believe we’re becoming a very viable marketing alternative to the Facebook and Google networks,” says Klarna chief marketing officer David Sandstrom. Here, he shares why the payments company is investing heavily in its retailer support offerings and what it means for brands. from Business of Fashion https://ift.tt/3FrLk54

African E-commerce Company Jumia’s Users Grow, Losses Deepen

Africa’s Jumia Technologies on Tuesday reported an 8 percent increase in active customers in its third quarter to the end of September from a year earlier, following a ramp-up in marketing efforts, but said its adjusted loss had nearly doubled. from Business of Fashion https://ift.tt/3ckt159

Hanifa’s Washington Debut

The brand known for pioneering virtual fashion finally met its audience in real life, giving a glimpse into designer Anifa Mvuemba’s long term ambitions. from Business of Fashion https://ift.tt/3HwVeUA

Should Fashion Consider Same-Day Delivery?

The $12 Billion Start-Up Proving Wholesale Is Thriving

A $400 million investment in Faire, which pairs brands with retailers, is a sign of how multi-brand stores are here to stay after a decade where direct-to-consumer brands dominated the conversation. from Business of Fashion https://ift.tt/3kJhQYk

India’s Online Fashion Leader Launches Myntra Luxe

India’s leading fashion e-commerce platform player, Myntra, is expanding its reach into the luxury segment, launching a dedicated store for high-end brands on its app called Myntra Luxe. from Business of Fashion https://ift.tt/3Fij98m

At Klarna, A New Customer Acquisition Channel for Retailers

For Cartier, Love Is a Battlefield

With Tiffany’s LVMH-backed reboot making a splash, Cartier is trying to hit back with its own holiday push. Here’s what the campaign says about the Paris-based jewellery giant’s strategy. from Business of Fashion https://ift.tt/3CmW9Dp

Why Effeminate Men Have Been Banned in China

Nike Delays Its Travis Scott Sneaker Release After Astroworld Concert Tragedy

Nike Inc. said it would postpone the release of a sneaker collaboration with rapper Travis Scott’s Cactus Jack label after a crowd crush resulted in the deaths of 10 people at his concert earlier this month. from Business of Fashion https://ift.tt/328G9sj

Following Investment, M&S Launches on Rental Platform Hirestreet

It makes M&S the first major high street retailer in the UK to signal broader ambitions in the burgeoning clothing rental market. from Business of Fashion https://ift.tt/30vTBFT

Peru’s Biggest Fashion Trade Shows Push Appeal of Alpaca Products

Peru Moda Deco and Alpaca Fiesta, Peru’s most important fashion and textile trade shows, closed on Friday after several weeks of digital events bringing together all links in the textile and alpaca value chains. from Business of Fashion https://ift.tt/3DnHiKi

Gucci CEO Sees 2021 Sales in Line With 2019, Perhaps a Little Higher

French luxury group Kering’s top brand Gucci expects 2021 revenues to be in line or “a little higher” than their 2019, pre-pandemic level, the label’s chief executive Marco Bizzarri said. from Business of Fashion https://ift.tt/3Hrt5yj

Metaverse: A $50 Billion Revenue Opportunity for Luxury

Digital demand for fashion and luxury brands is expected to grow from current low levels and result in extra sales for the industry that could reach $50 billion by 2030, according to Morgan Stanley. from Business of Fashion https://ift.tt/3CnbBzt

Online Marketplace Faire’s $400 Million Funding Lifts Valuation to $12.4 Billion

Online wholesale marketplace Faire said on Tuesday it has raised $400 million at a valuation of $12.4 billion in its third funding round in less than two years. from Business of Fashion https://ift.tt/3CfDdq4

Gucci Returns to Milan Fashion Week Calendar

Italy’s biggest luxury brand will show a mixed-gender collection in Milan in February, returning to an industry-organised fashion week for the first time in two years. Gucci will stage two other shows next year in late spring and September, Gucci said in a statement. from Business of Fashion https://ift.tt/3qIrbTW

How to Leverage Livestreaming

A panel of experts discuss the keys to making sales through real-time video streaming, a trend expanding beyond China as new technologies spread around the world. from Business of Fashion https://ift.tt/3njb9xD

Can Other Brands Replicate Figs’ Scrubs Success?

The scrubs giant changed the market for healthcare apparel. Now a new crop of brands, selling high-end options, sneakers and accessories, are capitalising on the opportunity. from Business of Fashion https://ift.tt/3CiGyVj

Online Marketplace Faire’s $400 Million Funding Lifts Valuation to $12.4 Billion

from The Business of Fashion https://ift.tt/3oC0UUE

Metaverse: A $50 Billion Revenue Opportunity for Luxury

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

Gucci Returns to Milan Fashion Week Calendar

from The Business of Fashion https://ift.tt/3CkW03s

Can Other Brands Replicate Figs’ Scrubs Success?

Why a Handbag Brand Is Betting on Cannabis

Red carpet-regular Edie Parker thinks handbags and fashion-forward cannabis can sell side-by-side, as founder Brett Heyman plots fall expansion for her ‘Edie Parker Flower’ line. from The Business of Fashion https://ift.tt/3DlMhuW

Harry Styles Launches Beauty Brand

from The Business of Fashion https://ift.tt/3nhjd20

Kering Names Matthieu Blazy as Bottega Veneta’s New Creative Director

The brand’s current design director, a former deputy of Raf Simons and Phoebe Philo, has been promoted to the top creative role following Daniel Lee’s departure. from The Business of Fashion https://ift.tt/2YNPMv4

Nykaa Profit Falls 96% Ahead of Blockbuster India IPO

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

Nykaa Profit Falls 96% Ahead of Blockbuster India IPO

from The Business of Fashion https://ift.tt/3ce9JOU

China’s October Retail Sales Beat Expectations

from The Business of Fashion https://ift.tt/3qDY4Bm

Dover Street Market Aims to Reinvent Retail (Again)

Comme des Garçons’ chain of luxury bazaars reimagined multi-brand retail. Now, CEO Adrian Joffe is aiming to do it again with radical events platform 3537. from The Business of Fashion https://ift.tt/3FhLbB2

Tom Ford: ‘I Believe in Fashion, Absolutely’

Tim Blanks sits down with the American designer to discuss cancel culture, turning 60, mortality and the future of the Tom Ford brand, courtesy of ES Magazine. from The Business of Fashion https://ift.tt/3nhzBzM

The Best Jobs on BoF Careers

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from BoF, Tory Burch and Axel Arigato. from The Business of Fashion https://ift.tt/3HqquF0

How a Farfetch-Richemont Deal Would Shape the Future of Luxury Online

This week, everyone will be talking about a possible partnership between Richemont and Farfetch, Prada’s Capital Markets Day and the arrival of products from Balenciaga and Gucci’s ‘Hacker Project.’ from The Business of Fashion https://ift.tt/3FiecMG

Italian Fashion Group OTB Aims to List in 2024

from The Business of Fashion https://ift.tt/3or0ArW

Report: Shein Violating Labour Laws

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

What COP26 Means for Fashion

Achieving the ambitions laid out at the UN climate summit require a wholesale transformation of the way the fashion industry operates. Are business leaders ready? from The Business of Fashion https://ift.tt/3oGu2dJ

Simon Property-Backed Rue Gilt Becomes Latest Retailer to Seek US IPO

from The Business of Fashion https://ift.tt/3orJ72o

Careers Counsel | How to Obtain a Pay Rise

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/3kRDtWD

Ian Rogers: ‘Five years from now, we will have closets where we share our digital collections’

Ledger’s chief experience officer explains how — and when — fashion should tap into the NFT gold rush, as featured in the fourth episode of The BoF Show, now streaming on Bloomberg Quicktake. from The Business of Fashion https://ift.tt/3wDI8Qq

Op-Ed | Fashion’s Obligation to End Nature Loss

Fashion has a critical role to play in advancing nature-based solutions to the climate crisis, argue We Mean Business Coalition CEO María Mendiluce and Burberry chair Gerry Murphy. from The Business of Fashion https://ift.tt/3wDwhBO

Richemont in ‘Advanced Talks’ with Farfetch on YNAP Spin-Out

The Cartier owner has been looking for options to turn around or deconsolidate the loss-making e-commerce division. Farfetch could take a major role in providing technology for Richemont brands as part of the deal. from The Business of Fashion https://ift.tt/3CbpXmr

Burberry’s Revenue Rebounds from Pandemic

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

Luxury Brands Jump on Shanghai Art Week Bandwagon

from The Business of Fashion https://ift.tt/3D9HHQ9

Richemont Says in ‘Advanced Talks’ with Farfetch on YNAP Spin-Out

Report: LVMH Mulls First Louis Vuitton Duty Free Store in China

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

Introducing ‘The BoF Show with Imran Amed’ Streaming on Bloomberg Quicktake

The show, which premieres on Thursday, Sept. 30, documents how the $2.5 trillion dollar fashion industry is emerging from global lockdowns. from The Business of Fashion https://ift.tt/3zREJNL

Dematerialisation: Why the Metaverse Is Fashion’s Next Goldmine

Physical and digital worlds merge in the Metaverse. Can the luxury world dematerialise into the virtual space fast enough to attract eager customers — and their avatars? from The Business of Fashion https://ift.tt/3lcJWM6

Burberry Struggles to Convince on Growth

The British brand is still lagging luxury rivals as outgoing chief executive Marco Gobbetti prepares to hand over responsibility for its years-long turnaround to Versace chief Jonathan Akeroyd. from The Business of Fashion https://ift.tt/3FpmsLh

The Opportunity in Digital Fashion and Avatars

Please join us on Thursday, 18 November at 16:00 GMT for #BoFLIVE to hear BoF Insights’ Diana Lee and Rahul Malik in conversation with Helene Phillips, SVP digital and client experience, global at Jimmy Choo, and Rachel Waller, global VP of channel innovation at Burberry, as they explore the key takeaways from the latest BoF Insights report and discuss how fashion brands can approach the new digital frontier. from The Business of Fashion https://ift.tt/3Hd5TDL

Russian E-Commerce Giant Lamoda Sees Q3 Turnover Grow 31.8%

from The Business of Fashion https://ift.tt/30gm6rp

Mercado Libre Net Revenue Reaches $1.9 Billion in Q3

from The Business of Fashion https://ift.tt/3qu1Rkw

Indonesia’s GoTo Raises $1.3 Billion Ahead of IPO

from The Business of Fashion https://ift.tt/3Fd5FLh

Power Moves | Daniel Lee Exits Bottega Veneta, Ana Andjelic Leaves Banana Republic

The designer’s surprise move was described as a ‘joint decision,’ while Andjelic is leaving the retailer’s chief brand officer role after nine months. from The Business of Fashion https://ift.tt/3FbDMD0

Mytheresa Posts Profit, Sales Growth

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

Alibaba Singles’ Day Posts Record Sales

from The Business of Fashion https://ift.tt/3F2VxV2

How Tapestry Is Raising Prices

from The Business of Fashion https://ift.tt/3C7FOCk

Richemont Under Pressure

Cartier’s sales are booming, but its Swiss owner faces mounting pressure to clean house. Activist shareholders are likely to push governance issues and steep losses at YNAP into the spotlight. from The Business of Fashion https://ift.tt/3wGUYNN

Elizabeth Webbe Lunny Named Condé Nast’s Chief Business Officer of the Style Division

from The Business of Fashion https://ift.tt/3kv3D18

Tapestry Raises 2022 Forecasts as Strong Demand Outshines Supply Crunch

from The Business of Fashion https://ift.tt/3n2SeHu

How 2021 Reshaped the Luxury Market

Bain’s annual market study shows an uneven recovery with new brands, regions and distribution channels taking the lead. Some of these shifts are likely to stick. from The Business of Fashion https://ift.tt/3qHDJv5

Shiseido Bets on Southeast Asia, China, for Global Sales Boost

from The Business of Fashion https://ift.tt/3c1A1nu

Ted Baker Sales Rise as Office and Party Wear Become Popular Again

from The Business of Fashion https://ift.tt/3Hb2xBk

Brands Rake in Millions as Alibaba’s Toned-Down Singles’ Day Enters Last Stretch

from The Business of Fashion https://ift.tt/3n5jFR2

Lulu’s Fashion Lounge Prices IPO at Bottom of Range

from The Business of Fashion https://ift.tt/3n2qHWG

European luxury stocks slide on China stagflation concerns

from The Business of Fashion https://ift.tt/30hAS0V

Platon, Law Roach, Indya Moore and Vivian Hunt to Speak at VOICES 2021

They join an exciting and inspirational group of speakers at BoF’s Annual Gathering for Big Thinkers to be held from Dec. 1 to 3, 2021. Reserve your spot to join the livestream today. from The Business of Fashion https://ift.tt/3qqu63s

Burberry’s Revenue Rebounds from Pandemic

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

West African Textile Industry Poised to Benefit from Ethiopia Sanctions

from The Business of Fashion https://ift.tt/3Hbzei1

Brazilian Footwear Giant Arezzo & Co’s Q3 Net Revenues Up 87%

from The Business of Fashion https://ift.tt/3n6Q0a9

Platon, Law Roach, Indya Moore and Vivian Hunt to Speak at VOICES 2021

How to Leverage Livestreaming

A panel of experts discuss the keys to making sales through real-time video streaming, a trend expanding beyond China as new technologies spread around the world. from The Business of Fashion https://ift.tt/30n75DX

Can Asos Make It In America?

Expanding in the US is central to the e-tailer’s ambitions to nearly double sales to $9.4 billion in the next four years. from The Business of Fashion https://ift.tt/3qqllXe

How to Tap into Global Social Media Trends

Linkfluence’s Benjamin Duvall and Digital Luxury Group’s Pablo Mauron share their insights on navigating the rapidly evolving global social media landscape and the strategies that are driving growth. from The Business of Fashion https://ift.tt/3kqb1L7

Christopher John Rogers and Bode Among Honorees at 2021 CFDA Awards

from The Business of Fashion https://ift.tt/30f3Eit

Christopher John Rogers and Bode Among Honorees at 2021 CFDA Awards

from The Business of Fashion https://ift.tt/3C8P09w

Olaplex Sales Up 80 Percent in First Quarterly Earnings

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

Tod’s Q3 Rise Above Pre-Covid Levels

from The Business of Fashion https://ift.tt/3ojt46F

Supreme to Open Store in Berlin

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

Daniel Lee to Leave Bottega Veneta

The British designer reinvigorated sales at the Kering-owned house with his singular brand of pared-back sensuality. from The Business of Fashion https://ift.tt/3EYpLIM

The 15 Percent Pledge to Host Fundraising Gala in February

from The Business of Fashion https://ift.tt/3c1A2aV

Beauty Brands Bet on Kitchen Ingredients

New entrants to the industry are relying on olive oil, coffee, teas and apple cider vinegar to appeal to shoppers. from The Business of Fashion https://ift.tt/3wxQHw1

Dior to Show Men’s Fall Collection in London

from The Business of Fashion https://ift.tt/3D6owXz

Russia’s Yandex to Spend ‘Tens of Millions of Dollars’ on Fashion

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

Asos Details Growth Plans After Last Month’s Shock CEO Departure

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

Adidas Trims 2021 Forecast on Sourcing Disruptions

from The Business of Fashion https://ift.tt/31E5JoE

Department Store Sales Boost Shinsegae’s Q3 Earnings

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

Asos Details Growth Plans After Last Month’s Shock CEO Departure

from The Business of Fashion https://ift.tt/3F0FQxD

Adidas Trims 2021 Forecast on Sourcing Disruptions

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

World’s Top Shoemaker Pou Chen Faces Vietnam Labour Shortage

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

Indian Beauty Start-up Nykaa Shimmers to Near $13 Billion Valuation in Debut

from The Business of Fashion https://ift.tt/3C03nwT

Pierre A. M’Pelé, Also Known as Pam Boy, Named Head of Editorial Content at GQ France

The writer will lead the Paris-based edition of the Condé Nast men’s magazine as part of its new consolidated global structure. from The Business of Fashion https://ift.tt/3F5ierE

Which Luxury Leadership Configuration Works Best?

In luxury fashion, the right configuration of creative and commercial leadership is critical to success, writes Pierre Mallevays. from The Business of Fashion https://ift.tt/3BWawOV

Acne Studios Relaunches Acne Paper Magazine

After a seven-year hiatus, the Swedish label is re-launching its print magazine with founding editor Thomas Persson and a greater focus on politics. from The Business of Fashion https://ift.tt/3mXmFie

Modest Fashion’s Big Asia Opportunity

For a bigger slice of the $277 billion modest fashion market, brands should look beyond the Middle East to dynamic high-growth markets like Indonesia and Malaysia in Southeast Asia. from The Business of Fashion https://ift.tt/3CXZkT4

Retail Reopens in New Zealand’s Biggest City, Luxury Newcomers Ready

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

Poshmark Forecasts Holiday-Quarter Revenue Below Estimates, Shares Plunge

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

New Ferragamo CEO to Start in January, Sales Rise in Q3

from The Business of Fashion https://ift.tt/3mZntD9

YouTube’s Shift to Shopping Destination Starts This Christmas

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

Why Brands Should Stop Obsessing Over Singles’ Day Sales

The Chinese shopping festival still generates billions in annual sales but brands must rethink their approach to the online extravaganza as it undergoes a forced makeover. from The Business of Fashion https://ift.tt/3oaDvtf

Snarled Supply Chains Force Manufacturing Exodus to Balkans, Latin America

Major clothing and shoe companies are moving production to countries closer to their US and European stores. from The Business of Fashion https://ift.tt/305OKuG

Primark Owner Plans Store Expansion After Lockdown Recovery

from The Business of Fashion https://ift.tt/3ob0k07

Xiaohongshu Raises $500 Million in New Funding Round

from The Business of Fashion https://ift.tt/3BYlao4

Primark Owner Plans Store Expansion After Lockdown Recovery

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

India’s Future Retail Takes Reliance Deal Saga to Supreme Court

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

Rapper A$AP Ferg’s Designs on Fashion

The A$AP Mob member is relaunching fashion brand Devoni with concept store Machine-A. from The Business of Fashion https://ift.tt/3EXuESG

Xiaohongshu Raises $500 Million in New Funding Round

from The Business of Fashion https://ift.tt/3F1xciK

Report: Activist Investor Third Point Builds Stake in Richemont

The hedge fund is likely to put pressure on the luxury group’s capital structure and lagging online businesses, as shares trailed sector leader LVMH last year. from The Business of Fashion https://ift.tt/3qn9Gsa

Prestige Beauty Drives Rising Revenue at Coty

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

Tiffany & Co. and Supreme Collaboration Confirmed

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

Fashion Steps Up Climate Commitments

More than 100 companies have upgraded their targets to drastically slash emissions by the end of the decade in an update to the UN Fashion Charter. from The Business of Fashion https://ift.tt/3khgTq6

Report: Activist Investor Third Point Builds Stake in Richemont

from The Business of Fashion https://ift.tt/3BV7tq0

The President and CEO of Diane Von Furstenberg on Building a Career in Fashion

Gabby Hirata shares how she went from an entry-level position in supply chain and production at Ralph Lauren to landing a C-Suite role in less than 10 years. from The Business of Fashion https://ift.tt/3wxwdDJ

Report: Activist Investor Third Point Builds Stake in Richemont

from The Business of Fashion https://ift.tt/3mRqRA4

The Best Jobs on BoF Careers

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

Inside Neiman Marcus’ Post-Bankruptcy Playbook

The luxury department store company plans to win shoppers with redesigned stores, faster shipping and digitised personal shopping. from The Business of Fashion https://ift.tt/3khcfIn

Hill House Home’s Plan to Extend the Nap Dress Trend Beyond Quarantine

The direct-to-consumer brand, which saw its signature style go viral during the pandemic, is expanding its apparel offerings and opening a holiday pop-up. from The Business of Fashion https://ift.tt/31KnGlL

Tatler Asia Unveils New Content Focus, Expansion of E-Commerce

from The Business of Fashion https://ift.tt/3qfnp4h

Tiffany & Co. and Supreme to Collaborate

from The Business of Fashion https://ift.tt/3qffN1R

Report: Selfridges Held Talks to Spin Out its Online Luxury Websites

Best known for its giant department store on London’s Oxford Street, the luxury destination considered splitting off its e-commerce business from its lucrative property holdings. from The Business of Fashion https://ift.tt/3qjyRfd

Report: Selfridges Held Talks to Spin Out its Online Luxury Websites

from The Business of Fashion https://ift.tt/3H2yLie

A Reality Check for Fashion Tech?

This week, everyone will be talking about earnings from Warby Parker, Poshmark and others, an unusual Singles Day and the CFDA Awards. from The Business of Fashion https://ift.tt/3qkvtRv

Sinéad Burke: ‘Fashion Has the Power to Change How Society Views People.’

The educator and advocate speaks to Imran Amed about her ongoing quest to make fashion more inclusive, as featured in the third episode of The BoF Show, now streaming on Bloomberg Quicktake. from The Business of Fashion https://ift.tt/3k8GuRM

Unpacking Gucci’s Hollywood Show

While luxury peers have largely returned to traditional fashion weeks, the Italian megabrand landed in Los Angeles this week for an off-schedule extravaganza. from The Business of Fashion https://ift.tt/3GYc3rw

Careers Counsel | 10 Ways to Discuss Weaknesses in Interviews

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/3k8vnbw

Announcing Charles Jeffrey Loverboy, Sweaty Betty and Villa Eugénie

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/3o4N1Oq

World’s Most Expensive Retail Rents Tumble to Decade Low in Hong Kong

Rents in three of the city’s prime shopping areas are near the lowest in more than a decade in the wake of 2019′s anti-government demonstrations and some of the world’s strictest Covid-19 travel restrictions. from The Business of Fashion https://ift.tt/3BOB44x

Canada Goose Beats Quarterly Revenue Estimates on Strong Demand

from The Business of Fashion https://ift.tt/3BNstz1

Canada Goose Beats Quarterly Revenue Estimates on Strong Demand

from The Business of Fashion https://ift.tt/301eFEb

Havaianas Owner Sees Q3 Revenues Surpass Pre-Pandemic Levels

from The Business of Fashion https://ift.tt/3mP3R4Q

Korea’s Economic Recovery Fails to Boost Lotte Shopping Earnings

from The Business of Fashion https://ift.tt/2YmaC4A

Aditya Birla Fashion Swings to Profit in Latest Quarter

from The Business of Fashion https://ift.tt/3BIRmf3

Canada Goose Beats Quarterly Revenue Estimates on Strong Demand

from The Business of Fashion https://ift.tt/3whg2ue

Global Brands Descend on Shanghai for Import Expo

from The Business of Fashion https://ift.tt/3D34eOV

World’s Most Expensive Retail Rents Tumble to Decade Low in Hong Kong

What Gen-Z Investors Mean for Fashion

Venture capital syndicates and online communities with young investors are changing the landscape for brands and founders. from The Business of Fashion https://ift.tt/3ENEsyp

BoF Live: Gabriela Hearst in Conversation with Tim Blanks

Join BoF’s editor-at-large Tim Blanks in conversation with designer Gabriela Hearst on the evolution of Chloé, sustainability and fashion after Covid-19. from The Business of Fashion https://ift.tt/3BRhwfM

Resale Platform Vopero Raises $7.5 Million From Grupo Axo, ThredUp

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

Chanel Hikes Handbag Prices in Run-up to Christmas

from The Business of Fashion https://ift.tt/3wuI1H3

Behind Boy Smells’ Expansion Plans

The gender-neutral candle and fragrance maker will open its first pop-up this week, with its sights set on permanent stores, as well as product expansion and international growth. from The Business of Fashion https://ift.tt/3GQmDka

Fifteen Percent Pledge Launches Database of Brands Backed by Google

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

Boohoo Agrees Preliminary Terms to Settle US Class Action Lawsuit

from The Business of Fashion https://ift.tt/3k6ELfJ

Russia’s OR Group Sees Revenues Fall 9% for First Three Quarters of 2021

from The Business of Fashion https://ift.tt/3GPW0eZ

UK’s Superdry Faces Weeks-Long Supply Delays at Wholesale Business

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

Amina Muaddi Among Winners at Fashion Trust Arabia 2021 Prize

from The Business of Fashion https://ift.tt/2ZYc6mb

Fashion Brands’ Diwali Campaigns Attract Controversy in India

from The Business of Fashion https://ift.tt/3CP7WeH

New Hugo Boss CEO Overhauls Top Team to Revive Brand

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

Diwali Campaigns Attract Controversy in Run-up to Indian Festival

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

Machine-A Partners With Byronesque to Launch Vintage

The London-based concept store will stock a selection of e-commerce site Byronesque’s hard-to-come-by vintage pieces. from The Business of Fashion https://ift.tt/3k4zENe

Allbirds Won Over Investors. Now What?

The sustainable sneaker company saw shares soar in its debut, but the brand needs to find customers outside its loyal base – and turn a profit while doing it. from The Business of Fashion https://ift.tt/3wgrMx9

Can Fashion Compete with Tech for Executive Talent?

The tech industry is scooping up fashion executives by offering benefits and career boosts that many fashion companies can’t provide — BoF unpacks what brands can do to attract and retain top talent. from The Business of Fashion https://ift.tt/3EK5fMc

Can Schiaparelli Commercialise Its Couture Revival?