Fashion World News

Fashion publishers have long relied on cultural cachet and perks to lure talent, even as salaries dwindled. But as magazines restrict sponsored content opportunities and pull back on travel, recruiting top talent has become harder than ever. from Business of Fashion https://ift.tt/uxwBCj4

With the launch of a virtual world, the photographer offers a glimpse of how fashion creatives may unleash themselves in the metaverse. from Business of Fashion https://ift.tt/vp5a30W

Swiss watchmakers are gathering in Geneva this week for their first big industry event in three years, tackling the impact of sanctions on rich Russians arising from the war in Ukraine. from Business of Fashion https://ift.tt/3y7cnjK

Please join us on Thursday, April 7 at 17:00 BST for #BoFLIVE to hear Cathaleen Chen, Correspondent, BoF Diana Lee, Director of Research & Analysis, BoF in conversation with Lauren Sherman. from Business of Fashion https://ift.tt/WEFToD3

Cartier and other Richemont labels have stepped down from the Responsible Jewellery Council (RJC) after the industry body failed to cut ties with Russia. from Business of Fashion https://ift.tt/2WGfQu0

Shares fell to a two-year low after the Swedish owner of the H&M clothing chain reported a sudden slowdown in revenue growth due to the war in Ukraine. from Business of Fashion https://ift.tt/YNnAiaz

Even though it has a relatively small fashion market, Taiwan remains a leader in high-tech textile manufacturing, an industry strength that was emphasised at the most recent edition of Taipei Fashion Week. from Business of Fashion https://ift.tt/Yy5eDJd

Brands like Adidas, Gucci and The Hundreds are finding the tokens are a great way to reward their superfans. But maintaining that loyalty can be hard work. from Business of Fashion https://ift.tt/CPD9Ixy

Investors are eyeing the peer-to-peer model in rental because of its low cost structure. from Business of Fashion https://ift.tt/9nHZKM3

Sweden’s H&M is seen swinging back to profit in its December-February quarter as pandemic effects ease, though the closure of its Russian stores and the economic fallout from war in Ukraine has made the company’s outlook more uncertain. from Business of Fashion https://ift.tt/25a43Lo

Beauty brands are increasingly looking outside the industry for talent, and adapting executive roles to changes in the market. from Business of Fashion https://ift.tt/8FMSZ1C

Pandora said on Wednesday it had decided to leave the Responsible Jewellery Council (RJC) after the industry body failed to cut ties with Russia. from Business of Fashion https://ift.tt/JwM3Vnk

‘I grew up in the digital age — for me everything has gone super-fast,’ said the 20-year-old Danish stylist, who works with Kanye West and recently became fashion director of 032c. from Business of Fashion https://ift.tt/FaKldJh

The brand’s collaboration with historically-black Morehouse and Spelman colleges was both celebrated and pilloried online. The fate of an ambitious attempt by a mainstream brand to tackle the issues raised in summer 2020 could influence future Black-focused campaigns for years to come. from Business of Fashion https://ift.tt/JRBikDv

More employees at magazine giant Condé Nast are seeking to unionise, part of a growing wave of organising efforts across the publishing industry. from Business of Fashion https://ift.tt/ItRUBJn

The start-up’s automated product, available via a Shopify plug-in, shortens the time it takes for a brand to implement a virtual fitting room solution from months to about a week. from Business of Fashion https://ift.tt/aSN6KwI

At the latest edition of FDCI X Lakmé Fashion Week, which ran March 24 to 28 at New Delhi’s Major Dhyan Chand National Stadium, many designers were looking to show another side to their design repertoire. from Business of Fashion https://ift.tt/z6EAFQ2

An opportunity has emerged for multi-brand retailers to drive revenue and own first-party data by creating their own digital advertising arms. But they’ll have to move faster than their competitors for a share of the competitive ad market. from Business of Fashion https://ift.tt/l5jFI4m

Brands such as Tommy Hilfiger and Dolce & Gabbana were among those to test the virtual waters, encountering challenges like low-quality visuals as well as some opportunities. from Business of Fashion https://ift.tt/JI8zq3Q

The Paris-based fashion tech company is buying an Italian media monitoring stalwart that pioneered the space. from Business of Fashion https://ift.tt/SUfX0Dc

The event ran from Mar. 24 to 28 at the Dubai Design District (d3), with a schedule highlighting a record number of local designers. from Business of Fashion https://ift.tt/M4K5bwm

The Latin American e-commerce giant announced a 17 billion reais ($3.44 billion) investment to expand and consolidate its Brazilian business in 2022. The sum represents around a 70 percent increase from last year’s investments. from Business of Fashion https://ift.tt/0RILTVW

The commercial capital with a population of 25 million announced Sunday evening that half of the city would be locked down from Monday morning for five days, the other half enters its five-day lockdown from April 1. from Business of Fashion https://ift.tt/sfKhkJY

The business of celebrity dressing is changing as the stakes change: no longer is it about playing it safe to avoid worst-dressed lists. But what’s the upside for fashion brands? from Business of Fashion https://ift.tt/bSO0QzF

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from BoF, Kate Spade and Gant. from Business of Fashion https://ift.tt/TGhPSAF

Navigating sanctions on Russia requires ‘constant vigilance and flexibility’ from brands and retailers. Here's what you need to know. from Business of Fashion https://ift.tt/PmRYjN7

The Russian Union of Shopping Centers is reportedly in negotiations with retailers from Turkey, China, India and Brazil to open new stores in the country’s shopping centers. from Business of Fashion https://ift.tt/gmkEfrc

This week, everyone will be talking about the Oscars, plus new environmental regulations in Europe. from Business of Fashion https://ift.tt/FYQ7fJr

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/UhaMKCT

Please join us on Thursday, March 31 at 16:00 GMT for #BoFLIVE to hear BoF’s Lauren Sherman and Cathaleen Chen in conversation with Ana Andjelic, marketing executive and author, as they discuss how brands can compete. from Business of Fashion https://ift.tt/6Y897gI

The lingerie giant invested $18 million for an undisclosed minority interest in the LA-based swimwear brand. from Business of Fashion https://ift.tt/PefbYMt

New York’s fashion models and influencers would get greater protection from exploitation by management companies and agencies under a proposed state bill that aims to shake up an industry that employs 230,000 workers. from Business of Fashion https://ift.tt/U1v5bVA

The series C round was led by by A91 Partners and the new capital will be used to grow Plum's omnichannel presence and expand into new product categories and geographic regions. from Business of Fashion https://ift.tt/QHGEk3R

For luxury shares, the early 2000s offer a guide to the present moment. But this time around, things may be much worse, writes Pierre Mallevays. from Business of Fashion https://ift.tt/VPvx1i7

Is Ukraine still on the industry’s mind? Let’s provide struggling Ukrainian fashion professionals with opportunities, argues Vena Brykalin. from Business of Fashion https://ift.tt/RSmuC1q

The slim tapered fit no longer dominates the denim category as wider, ‘90s-reminiscent pant styles gain popularity. from Business of Fashion https://ift.tt/lzVEKnT

The certifications and standards widely used to lend credibility to big brands’ sustainability claims are coming under fire, as environmental campaigners seek to influence new policy initiatives. from Business of Fashion https://ift.tt/VIQLRhz

A panel of experts unpack BoF Insights’ latest report “Building Resilience and Value in Fashion’s Supply Chain. from Business of Fashion https://ift.tt/5DwIkyC

The former Piaget CEO will co-manage a portfolio that currently includes stakes in MycoWorks, Highsnobiety, and La Bouche Rouge. from Business of Fashion https://ift.tt/SispQuA

While geopolitical events have disrupted retail, retail has also been a chief contributor to geopolitical disruption, writes Doug Stephens. from Business of Fashion https://ift.tt/j6RVkie

This season, its face was Lee Jung-jae, the star of Netflix’s Squid Game — a signal of the event’s ongoing mission to help Korean designers ride the Korean wave (hallyu). from Business of Fashion https://ift.tt/FpDA9rg

Holding companies and well-financed new Amazon aggregators alike are snapping up beauty and wellness sold exclusively on the platform. But growing them within and beyond the Amazon ecosystem will be challenging. from Business of Fashion https://ift.tt/yO71uic

The brand’s first in-person show since 2019 was yet another effort to straddle the line between luxury and mass appeal from Business of Fashion https://ift.tt/jVaybSJ

Top executives believe in-person work is necessary for culture building, employee loyalty and creativity — but they’ll need to sell that idea to their workers. from Business of Fashion https://ift.tt/DSeNbfy

The showroom turned design platform platform headquartered in Milan, and the Tokyo-based brand development and creative consulting agency are aiming to jointly reach gross sales of up to $350 million in the next 12 months. from Business of Fashion https://ift.tt/MaduzAc

The fashion group, which owns brands including Lanvin, Sergio Rossi, St. John Knits and Wolford, will be listed on the New York Stock Exchange following a deal to join forces with Primavera Capital Acquisition Corporation, a listed special purpose acquisition company (SPAC). from Business of Fashion https://ift.tt/PQwWEyv

Brands like Adidas and Gymshark are spending time, money and resources to update their sports bras, a product they see as crucial to winning over female customers. from Business of Fashion https://ift.tt/qKMpILY

‘I can’t complain about the business,’ said the designer as he turned a rundown 18th-century mansion in Paris into a Wunderkammer for his latest collection and the launch of his new fragrance and beauty offering. from Business of Fashion https://ift.tt/2pEsi1O

Threads Styling has closed a $12 million funding round as it seeks to fuel burgeoning private sales and grow a traditional e-commerce arm. from Business of Fashion https://ift.tt/p60qUQ8

With runway shows and exhibitions interspersed with digital engagement strategies this Fashion Week Istanbul, BoF meets emerging and established designers to learn how they are engaging domestic and international audiences during continued market disruption. from Business of Fashion https://ift.tt/Rj9bH1L

Nike Inc. beat quarterly revenue estimates on Monday, helped by robust holiday demand for its sports shoes and apparel in North America. from Business of Fashion https://ift.tt/K1tIxSC

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/OzE6d7t

Marking a continuation of the Indian retail giant’s acquisition spree, Reliance Retail Ventures Ltd. (RRVL) will take an 89 percent stake in Clovia’s parent Purple Panda Fashions Private Ltd. from Business of Fashion https://ift.tt/rZ3ECfl

InStyle, Glamour and other titles are going online-only, but brands and publishers say the glossy format still has a role to play in telling stories — and driving revenue. from Business of Fashion https://ift.tt/Fj2oaRO

Twice, which is co-founded by Lenny Kravitz, is betting that the ‘oral beauty’ boom will primarily occur offline. from Business of Fashion https://ift.tt/zQMElNm

For high-end watchmakers, the metaverse comes with promise, as well as philosophical and legal challenges. from Business of Fashion https://ift.tt/oJMvQ1m

This week, everyone will be talking about Nike’s latest results and Ralph Lauren’s first in-person show since 2019. from Business of Fashion https://ift.tt/dVzqcuT

The United States and Britain are boycotting some Kimberley Process meetings because they are chaired by Russia, in a sign of how geopolitical rifts due to Russia’s invasion of Ukraine are affecting international diamond certification efforts. from Business of Fashion https://ift.tt/fsUgRp8

Maximilian Davis, the buzzy British-West Indian designer will join Marco Gobbeti at the Italian luxury label; Farfetch’s Jeffery Fowler will join the watch company as it expands its e-commerce segment. from Business of Fashion https://ift.tt/yUemkuo

Please join us on Wednesday, March 23 at 16:00 BST for #BoFLIVE to hear BoF’s Diana Lee and Rahul Malik in conversation with Amanda Martin, senior vice president and chief supply chain officer of Neiman Marcus Group, and Kathleen Talbot, chief sustainability officer & VP operations of Reformation, as they do a deep dive into our special report on the necessary evolution in fashion’s supply chain. from Business of Fashion https://ift.tt/IieBpHa

Travellers returning to the airport for the first time since the pandemic will find a different retail landscape awaits them past the security gate. from Business of Fashion https://ift.tt/igbTDcv

Change begins within a company, starting with C-suite executives and the value system they create. from Business of Fashion https://ift.tt/8uJhWlr

The Dubai-based direct-to-consumer label’s Series A funding round was led by Knuru Capital and will help finance both category and geographical expansion. from Business of Fashion https://ift.tt/sTEbgPA

US private equity firm Sycamore Partners is weighing a takeover bid for the British fashion retailer Ted Baker, Sky News reported on Thursday. from Business of Fashion https://ift.tt/XKxV0pT

The Metropolitan Museum of Art announced the selection of the co-chairs for this year’s annual Costume Institute Benefit on Thursday. King, Lively, Reynolds and Miranda, will join honorary co-chairs CFDA president Tom Ford, Instagram head Adam Mosseri and Vogue editor Anna Wintour. from Business of Fashion https://ift.tt/wEOR6UJ

The retailer’s Instagram posts are filled with comments asking the company to end its partnership with the musician following his use of a racial slur and concerns over treatment of his ex-wife. from Business of Fashion https://ift.tt/YVKsbno

Belle Fashion Group is targeting to raise about $1 billion in its Hong Kong initial public offering, people familiar with the matter said, five years after private equity firms took China’s biggest women’s footwear retailer private. from Business of Fashion https://ift.tt/KHCn1EG

The Italian transforming Britain’s biggest luxury brand is confident at last: ‘It’s a big company to move, but now I feel the boat is in the water.’ from Business of Fashion https://ift.tt/WlpYgUP

The former W magazine editor and George co-founder Michael J Berman are betting on luxurious print publications for wealthy American enclaves, starting with Palm Beach. from Business of Fashion https://ift.tt/ZIe1tur

Fashion brands are anticipating a surge in demand for wedding garb, and are responding in kind. from Business of Fashion https://ift.tt/zcXltmo

The digital events company, which has hosted the likes of Adidas and Levi’s, co-developed its new Showrooms product with Nike to deliver a best-in-class digital experience for brand stakeholders. BoF learns more. from Business of Fashion https://ift.tt/dmrOcRD

Actor Deng Lun, 31, was fined 106 million yuan ($16.6 million) for tax evasion following the discovery of irregularities in his reported income in 2019 and 2020. from Business of Fashion https://ift.tt/ACH2aqB

An unspecified quantity of sportswear stock was held on March 14 after US Customs and Border Protection (CBP) said it had evidence the Chinese sportswear manufacturer had used materials manufactured by potentially forced North Korean labour. from Business of Fashion https://ift.tt/JlwvA5S

Indonesia’s biggest tech firm GoTo Group is braving weak global markets with the country’s second-biggest issue ever amid strong local investor interest for technology stocks. from Business of Fashion https://ift.tt/6JfGmKv

The country is reporting its highest caseloads since the start of the pandemic, and whole regions are locked down, sending shudders through a still fragile global supply chain. from Business of Fashion https://ift.tt/wAVlkQC

Ukraine’s strength in technology and creativity have led to a burgeoning fashion-tech sector. The Russian assault has now put its future at risk. from Business of Fashion https://ift.tt/6fpbxDK

Prices in India, the world’s biggest consumer after China, have rallied in the past month in line with the overseas markets as investors sought safe havens following Russia’s invasion of Ukraine. from Business of Fashion https://ift.tt/HcilbN9

The Hong Kong-listed fashion retailer says it estimates its profit attributable to shareholders for the year to Dec. 31 to reach approximately $47 million. from Business of Fashion https://ift.tt/IHwYKtZ

For high-end watchmakers, the metaverse comes with promise, as well as philosophical and legal challenges. from Business of Fashion https://ift.tt/fkngNTz

After 50 years of building a licensing business that globally distributes over 68 million products each year, The Smiley Company has tapped into collaborations with major fashion houses like Moschino and Loewe to build a multi-faceted consumer brand that drives business through partnerships. from Business of Fashion https://ift.tt/ouRyV1L

The video app has become grounds for a new kind of fashion discourse based in 60-second show reviews, styling and trend forecasting — bringing high fashion discussions to younger, broader audiences. from Business of Fashion https://ift.tt/uelDybm

The German sportswear giant is deploying a new tool from the supply chain traceability-focused tech platform to help document its products’ sustainability credentials. from Business of Fashion https://ift.tt/0FzJBwl

The British-Jamaican designer will join the brand on March 16. from Business of Fashion https://ift.tt/0cwIqK2

The southern tech hub of Shenzhen and its 17.5 million residents have entered a government-ordered lockdown that is expected to last at least a week, impacting local malls, manufacturing hubs and ports. from Business of Fashion https://ift.tt/YEzBPyV

The Melbourne Fashion Festival (MFF) closed on Saturday with a stadium-style show for 5,000 guests at the city’s Margaret Court Arena. from Business of Fashion https://ift.tt/p9vD6GK

The executive handoff comes as the online destination for watch superfans looks to expand its e-commerce business, which has surpassed $100 million in annual sales. from Business of Fashion https://ift.tt/5avLjAM

A coalition of retail trade associations, human-rights organisations and investor groups has ended its global boycott of cotton from Uzbekistan, citing a breakthrough in the elimination of systematic child and forced labour from the nation’s cotton fields. from Business of Fashion https://ift.tt/38DPGeK

Skims recently raised funding at a $3.2 billion valuation. Kim Kardashian and Jens Grede, in an exclusive interview with BoF, explain how the ‘solution wear’ empire plans to prove it’s more than a pandemic fad. First up: swimwear. from Business of Fashion https://ift.tt/DiBVkjI

This week, everyone will be talking about Prada’s growth plans, updates on Russia, China and other geopolitical hotspots from H&M and Inditex, plus Alexander McQueen’s show in New York. from Business of Fashion https://ift.tt/sed7pt4

Bans on luxury goods being exported from the West to Russia are designed as a blow to the country's elites. from Business of Fashion https://ift.tt/HOth3ae

Charney was forced into bankruptcy court because he owed $30 million to a hedge fund involved with American Apparel. from Business of Fashion https://ift.tt/f9loxFA

The British luxury label returned to the London catwalk on Friday with its first in-person fashion show in two years, presenting menswear and womenswear collections that celebrated British culture. from Business of Fashion https://ift.tt/GfmVXJC

The Michael Kors chief executive’s departure came as a surprise to analysts; Adrian Sui will join the German sportswear brand. from Business of Fashion https://ift.tt/pJ5qaUQ

As big brands get serious about transforming their businesses for the future, executives with experience driving climate and social impact strategies are in hot demand. from Business of Fashion https://ift.tt/MNmgyOj

Following the publication of BoF’s latest case study, The Complete Guide to Influencer Marketing, please join BoF reporter Alexandra Mondalek in discussion with Thomas Repelski, co-founder of French platform Lefty, Kim Leitzes, co-founder and CEO of China-based marketing agency Parklu and Natalie Wills, global director of marketing at Zalando as they explore methods for crafting effective and innovative global influencer marketing strategies today. from Business of Fashion https://ift.tt/9fEmbaA

The Brazilian mall conglomerate acquired 23.08 percent of Brazil’s largest e-commerce platform for second-hand luxury goods for 27 million Brazilian reais ($5.3 million). from Business of Fashion https://ift.tt/5pc0hni

Singer-turned-fashion-entrepreneur Rihanna is working with advisers on an initial public offering that could value her Savage X Fenty lingerie company at $3 billion or more, according to people familiar with the matter. from Business of Fashion https://ift.tt/pt7LhIQ

The Australian department store operator today revealed a six-month profit of AU$32.3 million ($23.7 million) on sales of AU$1.52 billion and confirmed it would pay its first dividend since 2017. from Business of Fashion https://ift.tt/zo3PrDy

The company, which backs personal care brands fronted by the likes of John Legend and Naomi Osaka, is gearing up for three brand launches over the next six months. from Business of Fashion https://ift.tt/4gPulNR

Proponents of the effort to give every item its own digital identity say they’ll unlock numerous benefits for brands and shoppers alike. But for these IDs to work will require overcoming some big obstacles first. from Business of Fashion https://ift.tt/zvLJ19y

BoF’s Lauren Sherman and Cheryl Wischhover break down how the direct-to-consumer pioneer lost its footing in a quickly-evolving beauty industry as well as what the future holds for the brand. from Business of Fashion https://ift.tt/ajnmqAv

The Fall/Winter edition of China’s most important fashion week event was originally scheduled to be held from Mar. 25 to Apr. 1. New dates have not been announced. from Business of Fashion https://ift.tt/rI6ziyR

Fast Retailing’s chief executive has held fast to his decision to not pull out of the country, even as a growing number of companies, including SMCP and Hearst, do. from Business of Fashion https://ift.tt/eKDc6FL

The real estate developer has announced its intention to open the fourth iteration of its fashion and lifestyle concept, Taikoo Li, in China’s ancient capital of Xi’an. from Business of Fashion https://ift.tt/n0m2XOF

The Chinese fast fashion giant built an empire on unmatched speed-to-market and unbelievably low prices. To compete, others must play a different game. from Business of Fashion https://ift.tt/89Drxkq

Retailers are reporting record sales, but investors are spooked by inflation, the war in Ukraine and more. What lies ahead? from Business of Fashion https://ift.tt/OeNpBaX

The brand has announced plans to make all of its products and stores non-gendered by next year. from Business of Fashion https://ift.tt/nvxIwur

As war raged in Ukraine, designers grappled with primal instincts, the future and the transcendent power of beauty and imagination, reports Angelo Flaccavento. from Business of Fashion https://ift.tt/aYpFu4j

The new boss of Salvatore Ferragamo aims to boost sales by revitalising its product offer, though the Italian luxury group said the war in Ukraine and the lingering pandemic in some areas meant it could not give an outlook for 2022. from Business of Fashion https://ift.tt/OHz6o4g

The publishing company announced that it would pause publishing in Russia due to concerns over censorship. from Business of Fashion https://ift.tt/dy8JIOf

The designer will present his Spring/Summer 2022 collection on the island of Oahu March 9. from Business of Fashion https://ift.tt/Y6tBKJL

One of many fast fashion players from China trying to use the Shein playbook to chip away at Boohoo and Fashion Nova is a new brand from e-commerce giant Alibaba. from Business of Fashion https://ift.tt/dt6EcP5

The renowned Russian fashion designer was scheduled to have his latest collection shown virtually on Mar. 8 as part of the event. from Business of Fashion https://ift.tt/oWv2eIK