Fashion World News

The Outsiders Perspective seeks to address the underrepresentation of minorities in the fashion industry. from Business of Fashion https://ift.tt/qDYJUzS

Glow Recipe, a skin-care brand popular for its fruit-based products, is exploring a sale that could value it at $400 million to $500 million, according to people with knowledge of the matter. from Business of Fashion https://ift.tt/PJ6OeIb

BoF technology correspondent Marc Bain and contributor Chantal Fernandez join Lauren Sherman to discuss how TikTok took over fashion conversation — and what brands need to know to get the most out of the platform. from Business of Fashion https://ift.tt/JlrfDEy

By entering into a rare licensing agreement with the French fashion house, the beauty conglomerate would be looking to repeat the success it had turning Tom Ford Beauty into a billion-dollar business. from Business of Fashion https://ift.tt/0eQ1K8L

PVH Corp. plans “to reduce people costs in its global offices by approximately 10 percent” by the end of next year to improve efficiency, the company said Tuesday in a statement. from Business of Fashion https://ift.tt/B4zVkFK

A wider variety of people are able to become models today, and there’s more opportunities than ever to book jobs. But with that has brought increased competition and even diminished pay days. from Business of Fashion https://ift.tt/68VsNEO

The former chief executive officer of PVH Americas and Calvin Klein Global is departing the company to pursue other opportunities. from Business of Fashion https://ift.tt/1HvcwyI

The last print issue of Condé Nast’s beauty-focussed publication will be the December 2022 edition, editor-in-chief Jessica Cruel announced in a note this week to staffers. from Business of Fashion https://ift.tt/yRrzTgv

Producing everything from the raciest underwear on Shein to comfy bras on European high streets, the country’s intimate apparel industry is fragmenting into specialist hubs in increasingly improbable locations. from Business of Fashion https://ift.tt/WGkn1yE

The retailer operating 144 fashion and beauty brand stores across Singapore, Malaysia and Indonesia recorded a net profit of 3 million Singapore dollars (US $2.14 million) in the year to June 30. from Business of Fashion https://ift.tt/iC9HWvQ

Martine Rose, Grace Wales Bonner and Telfar Clemens are among the designers who have been considered by Vuitton-owner LVMH to succeed the late Virgil Abloh, according to sources. A final pick is expected within weeks. from Business of Fashion https://ift.tt/AnWiQ8C

A new wave of friendly, elevated and sex-positive brands peddling vibrators, lube and sex-centric supplements are attracting retailer and investor attention. from Business of Fashion https://ift.tt/39YrztX

In addition to its annual showcase, the New York-based fashion organisation has created an award in honour of the late designer. from Business of Fashion https://ift.tt/qx5SoO8

Ben Cobb has held editor-in-chief roles at the likes of Another Man and LOVE, and helped launch Perfect Magazine last year. Now editor of ES Magazine, he offers his career advice for fashion journalists, from how to pitch stories to establishing connections within the industry. from Business of Fashion https://ift.tt/HfokeOj

BoF Careers provides essential sector insights for fashion PR & communications professionals this month, to help you decode fashion’s creative landscape. from Business of Fashion https://ift.tt/180l4cy

The reasons some fashion NFTs are successes and others fall flat goes beyond having big, recognisable brands involved and comes down to factors like their creativity, audience and value for the price. from Business of Fashion https://ift.tt/yMqI9vK

The Venice Film Festival, Rakuten Fashion Week and the US Open kick off a busy fall for the fashion industry. Plus, the events to watch for in the coming week. from Business of Fashion https://ift.tt/8sGM3Vi

In a rare interview, the influential Japanese designer speaks with BoF’s Imran Amed about the philosophy that underpins his boundary-breaking career. from Business of Fashion https://ift.tt/bcD6lBp

Sound like science fiction? Companies like On, Pangaia, Zara and Lululemon are already experimenting with materials and dyes produced with captured carbon emissions and the new US climate bill could speed up adoption. from Business of Fashion https://ift.tt/NAja5JY

With the Dunk past its prime, Nike is looking for its next hype sneaker. It’s banking on the AJ2, the forgotten child of the Jordan family. from Business of Fashion https://ift.tt/kTYxPfp

The Swiss luxury group is spinning off Yoox Net-a-Porter in a joint venture with fashion platform Farfetch. What does it mean for Richemont, Farfetch, YNAP and the luxury industry at large? BoF dissects the deal. from Business of Fashion https://ift.tt/cuDbzgv

Athletic apparel maker Li Ning Co. had its brand value jump 66 percent to $3.4 billion. from Business of Fashion https://ift.tt/M4LIH0D

The report has been in the works for three years and promised for months but has not been published for unclear reasons. from Business of Fashion https://ift.tt/qifL1gE

The demands of producing engaging videos for TikTok and increasingly Instagram present a major challenge for fashion companies, especially smaller ones with limited budgets. from Business of Fashion https://ift.tt/oyOzkGb

Why the retail group appears to be in constant turnaround mode — and the measures it may need to take to change the narrative. from Business of Fashion https://ift.tt/RfJmQbU

The parent company of Coach, Kate Spade New York and Stuart Weitzman seeks to expand diversity within its leadership teams and tackle gender and racial inequality in the workplace within its 2025 goals. BoF finds out more. from Business of Fashion https://ift.tt/3b04ciA

The deal leaves the loss-making e-tailer without a controlling shareholder, and paves the way for Farfetch to potentially acquire the remaining YNAP shares, the companies said. from Business of Fashion https://ift.tt/aYnukQI

For labels like Stella McCartney, Off-White and Dries Van Noten, beauty can fuel sales growth, profitability and boost brand equity longer term. But cracking the sector is no easy feat. from Business of Fashion https://ift.tt/7lJpNK5

Six months after Russia’s Ukraine invasion, Ienki Ienki founder Dmitriy Ievenko recounts how his the Ukrainian outerwear brand is navigating the crisis and what comes next. from Business of Fashion https://ift.tt/lNuf92t

Recruiters say interest in the metaverse is cooling, while brands look for candidates with the real-world expertise to navigate uncertain times including in areas such as supply chain, diversity, ESG compliance and HR. from Business of Fashion https://ift.tt/YIR10gZ

The contemporary and advanced contemporary womenswear event returns to New York with a renewed focus on its core pillars: sustainability, technology and emerging brands. BoF meets Kelly Helfman, president of Informa Markets Fashion, to learn more. from Business of Fashion https://ift.tt/pDy8ivx

The company joined other top retailers, including rival Kohl’s Corp, in warning of a hit to profitability in recent weeks, as soaring prices of everyday goods made Americans wary of spending on apparel and other discretionary items. from Business of Fashion https://ift.tt/fMSpFe8

Revlon Inc. told the judge overseeing the cosmetics giant’s bankruptcy that shareholders don’t need a special, company-funded committee to represent them in the Chapter 11 case because there is no evidence the equity is worth anything. from Business of Fashion https://ift.tt/0Y2i1js

Institutional Shareholder Services Inc. recommended in a report Monday that shareholders reject Bluebell’s proposal to name former Bulgari CEO Francesco Trapani to the board as representative of Richemont’s A-class equity holders, saying the appointment wouldn’t serve their interests. from Business of Fashion https://ift.tt/0ZCp8ql

As top luxury labels raise prices and tighten distribution, designer bags are garnering higher prices at resale, with some styles from coveted brands retaining a significant portion of their retail value long after purchase. from Business of Fashion https://ift.tt/VkeY1rE

With young Indians hooked on film and social media, global fashion brands are investing in short-form video content and live shopping strategies. from Business of Fashion https://ift.tt/E1jJckL

Adidas said Kasper Rorsted will step down as chief executive officer in 2023 and a search for his replacement is underway. from Business of Fashion https://ift.tt/SXOuD6T

Exports of polished lab-grown diamonds may double in the current financial year started April 1 from $1.3 billion in the prior year, Vipul Shah, vice chairman of the Gem & Jewellery Export Promotion Council, said in an interview. from Business of Fashion https://ift.tt/df2LPiO

BoF Careers speaks to academics and industry professionals to understand how fashion can better alleviate the pervasive psychological — and environmental — experience. from Business of Fashion https://ift.tt/3AQqJG7

Despite TikTok’s booming popularity and lower cost compared to Instagram, brands and experts say the return on ad spend doesn’t yet match more-established platforms, though that doesn’t mean brands can ignore it either. from Business of Fashion https://ift.tt/cyMAT0a

BoF Careers provides essential sector insights for fashion creatives this month, to help you decode fashion’s creative landscape. from Business of Fashion https://ift.tt/BYkQlaT

Best known for her work with Telfar Clemens, Tracee Ellis Ross and Serena Williams — whose hair she styled for the September issue of American Vogue — Latisha Chong died of breast cancer in July at age 32, according to a report in the New York Times. from Business of Fashion https://ift.tt/CMScwRN

It’s not all bad news out there. from Business of Fashion https://ift.tt/Vhk6S8c

Perfect, the branded content agency meets magazine founded by the veteran stylist in 2020, is launching a new annual awards showcase, recognising those shaping contemporary culture. from Business of Fashion https://ift.tt/ZNul0G8

Vogue’s viral wedding coverage has ignited a new wave of interest in all things ‘I do’ for fashion-focussed publications. Brides, in turn, are hiring publicists, stylists and more in hopes of getting the royal wedding treatment. from Business of Fashion https://ift.tt/javodLU

The iconic supermodel graced the cover of British Vogue’s September issue, with an accompanying profile by deputy editor Sarah Harris. from Business of Fashion https://ift.tt/rXtCwps

A year into its partnership, which has seen Sephora outposts opened in about 600 stores, Kohl’s and Sephora announced they will add a Sephora shop-in-shop to all 1,100-plus Kohl’s locations. from Business of Fashion https://ift.tt/rBx43dc

The designer will show his Spring/Summer 2023 menswear and womenswear collections in Southern California on Oct. 13. The brand said the collection will be presented in a “special fashion experience that will be uniquely Ralph Lauren,” but did not disclose any other details. from Business of Fashion https://ift.tt/YIy6J9Q

PR and marketing agency BerlinRosen recently invested in the New York-based agency, founded in 2013 and known for playing a strategic role in launching and marketing several leading brands in the direct-to-consumer space over the past decade. from Business of Fashion https://ift.tt/xurNZVA

Anne Pitcher will leave the company at the end of the year as the group is wrapped into its new owners' portfolio of luxury department stores. from Business of Fashion https://ift.tt/xorOV2K

Virtual influencers had faded from fashion campaigns, but now amid all the metaverse hype they’re popping up again, with Prada and Pacsun turning to virtual faces. from Business of Fashion https://ift.tt/5Z7bJ90

Exports rose 8.3 percent in July compared to the same month in 2021 to 2.2 billion Swiss francs ($2.3 billion), the Federation of the Swiss Watch Industry said Thursday. from Business of Fashion https://ift.tt/yt0mi95

Brands are stepping up in-store offerings and investors have bet millions on start-ups in the space, as interest in sustainability and resale boosts demand to keep clothes in good condition for longer. from Business of Fashion https://ift.tt/OcsV9Ut

This month, Facebook decided to pull back on livestream shopping — a tactic that has failed to gain meaningful traction in the West despite being a wild success in China. from Business of Fashion https://ift.tt/VmBHWpQ

BoF explores the disruptive new technologies poised to provide the greatest opportunities — from the commercialisation of virtual try-on, to digital IDs and Web3 technologies that could foster much deeper collaboration. from Business of Fashion https://ift.tt/ZzBslFw

Lululemon Athletica Inc. employees have withdrawn their petition to unionise a store in Washington, D.C., marking a setback for the recent wave of organising at previously union-free US retail firms. from Business of Fashion https://ift.tt/pekGrl9

Tomoya Obokata, the UN’s special rapporteur on contemporary forms of slavery, said in a report that the involuntary nature of China’s employment programmes in Xinjiang indicated forced labour, even if they did improve job opportunities for some minorities. from Business of Fashion https://ift.tt/JYD3zGC

More and more companies want to see their staff in person again at the office. Creating a work environment that fosters collaboration, offers flexibility and thoughtful perks could convince employees to leave the home office behind. from Business of Fashion https://ift.tt/m1r2aCd

How denim group Citizens of Humanity is partnering with cotton farmers in a long-term bid to secure all its cotton from regenerative agriculture. from Business of Fashion https://ift.tt/gAkSNUJ

The once-hyped activewear brand, which went on the market in June, is growing. But at what cost? from Business of Fashion https://ift.tt/1zPbtSe

President Joe Biden on Tuesday signed into law a $430 billion bill that is seen as the biggest climate package in US history, designed to cut domestic greenhouse gas emissions as well as lower prescription drug prices. from Business of Fashion https://ift.tt/ygzOoBW

Net sales will probably reach 1.1 billion Swiss francs ($1.2 billion) in 2022, up from a previous target of 1.04 billion Swiss francs, the Zurich-based company said in a statement Tuesday. from Business of Fashion https://ift.tt/TV9uOxh

Luxury watch retailer Watches of Switzerland expects a potentially more challenging trading environment in the second half of its current financial year, it said on Tuesday, as tough economic conditions impact spending patterns. from Business of Fashion https://ift.tt/mTcHZQr

The group has agreed to buy Ted Baker in a deal worth roughly £211 million ($254 million), ending months of speculation over the fate of the British fashion group. from Business of Fashion https://ift.tt/K9rHhGv

The online store, which has more than 14 million subscribers, is now available on the marketplace owned by Alibaba Group Holding Ltd. from Business of Fashion https://ift.tt/NP2G3zO

With his new brand Atwater, industry veteran Chris Salgardo wants to be a face men can trust with their skin care. from Business of Fashion https://ift.tt/j4oBRvi

Top luxury brands delivered strong first half results, propelled by a buoyant US market, a return to European travel and a cheap euro, but risks remain, writes Pierre Mallevays. from Business of Fashion https://ift.tt/F1n7LMJ

The Licensing firm is expected to reveal it has finalised a deal to purchase the London-based fashion brand for around £200 million. from Business of Fashion https://ift.tt/N6y9rYf

BoF Careers provides essential sector insights for fashion professionals in retail this month, to help you decode fashion’s retail landscape. from Business of Fashion https://ift.tt/9j1OWAL

BoF Careers speaks to academics and industry professionals to understand how fashion can better alleviate the pervasive psychological — and environmental — experience. from Business of Fashion https://ift.tt/5ehaG69

Black Americans have long been avid buyers of high-end goods. Now their expectations are shifting, with important implications for brands. from Business of Fashion https://ift.tt/IshawEv

After nearly 40 years, designer Eileen Fisher is handing over the reins to Patagonia’s former chief product officer, Lisa Wiliams. from Business of Fashion https://ift.tt/tNLfVKR

After nearly 40 years, designer Eileen Fisher is handing over the reins to Patagonia’s former chief product officer, Lisa Wiliams. from Business of Fashion https://ift.tt/XSFHBOi

Resale platforms are making their best case for a path to profitability. Plus, your calendar for the coming week’s most important events. from Business of Fashion https://ift.tt/u6q7OPo

Activewear brand Outdoor Voices Inc. is exploring options including a potential sale, according to people with knowledge of the matter. from Business of Fashion https://ift.tt/pogWrSF

There are profound lessons for fashion designers around the world embedded in the life and work of the Japanese innovator, whose death was announced this week, writes Angelo Flaccavento. from Business of Fashion https://ift.tt/jMgNH9V

Revisiting a conversation with BoF’s Imran Amed from 2019, the 23 grand slam winning tennis champion, who announced her retirement this week, talks about how the mental toughness she has built on the court has prepared her for life as an entrepreneur. from Business of Fashion https://ift.tt/9bnwNgG

The Milanese maker of luxury clothing, fragrances and accessories is working with Goldman Sachs Group Inc. on preliminary preparations for a potential offering, according to the people, who asked not to be identified discussing confidential information. A listing would likely take place next year, they said. from Business of Fashion https://ift.tt/DB8SF3x

A grim economic climate has tempered enthusiasm for risky investments, but fashion companies and executives like H&M, Kering and Stella McCartney still see opportunity in start-ups pursuing sustainability solutions. from Business of Fashion https://ift.tt/72OZrPH

The Demna-helmed label recently released an ire-inspiring $1,790 luxury ‘trash bag.’ BoF takes a look at some of the designer’s most notorious releases and the chatter they generated. from Business of Fashion https://ift.tt/8bHn3fl

Vestiaire Collective plans to shut down Tradesy and make a major push into the US, injecting fresh competition into a market where even the biggest players are struggling to turn a profit. from Business of Fashion https://ift.tt/xQEqib3

Grosso, who previously served as content officer, social and digital at L’Officiel, will move into the top editor post effective immediately. from Business of Fashion https://ift.tt/azVPfDr

Canada Goose Holdings Inc on Thursday surpassed Wall Street targets for quarterly results after affluent consumers undeterred by decades-high inflation snapped up its luxury parkas and jackets. from Business of Fashion https://ift.tt/SiaJEOj

NFT profile pictures signal tastes and affiliations, have aesthetic value and set and follow trends. In other words, they're fashion. from Business of Fashion https://ift.tt/2AGBfqd

Shoe Lab’s founders operate on the belief that many major luxury footwear brands aren’t interested in making their shoes last, which has created an opportunity for the repair shop. from Business of Fashion https://ift.tt/oX3y7Rg

The Florentine shoemaker has teamed up with the fashion platform to boost its digital capabilities as part of a broader turnaround plan spearheaded by new CEO Marco Gobbetti. from Business of Fashion https://ift.tt/cibgd4Q

“VOGUE World: New York,” which will be open to the public and broadcast via livestream, is another brand building — and financial — opportunity for the publication. from Business of Fashion https://ift.tt/TWi0Str

With an eye toward driving product relevance across the entire retail stack, retailers and brands like The North Face, Bloomingdales and Vans are using Artificial Intelligence tools to create more bespoke e-commerce experiences for customers. BoF meets Lily AI co-founder Purva Gupta to learn more. from Business of Fashion https://ift.tt/WwYor4c

Still surfing the post-lockdown boom, labels from Ganni to Alyx are reportedly looking for new owners to fund growth. But buyers are more selective than ever. from Business of Fashion https://ift.tt/XMGShfw

Growth in Bangladesh’s garment exports could drop to about 15 percent this year after an unusually strong expansion of more than 30 percent in 2021. from Business of Fashion https://ift.tt/lz8K76J

BoF’s Cathaleen Chen and Marc Bain join Lauren Sherman to talk about retailers’ big hires, hopes and plans for bringing their brands back to life. from Business of Fashion https://ift.tt/eP1oNAQ

Under Coty, Kylie Jenner’s cosmetics and skin care lines have expanded internationally. But the brand that kicked off the celebrity beauty boom seven years ago may be showing its age. from Business of Fashion https://ift.tt/LxQZXN9

Prices of hyped shoes on the aftermarket have fallen in recent months, raising questions about whether it’s a momentary stumble or a sign that aftermarket prices might finally, at long last, be moderating. from Business of Fashion https://ift.tt/U1nOlod

Monique Rodriguez is one of a small number of Black women to secure a seven-figure investment for her business. The next challenge: scale while staying Black-owned. from Business of Fashion https://ift.tt/dbWGBXE

Prices of hyped shoes on the aftermarket have fallen in recent months, raising questions about whether it’s a momentary stumble or a sign that aftermarket prices might finally, at long last, be moderating. from Business of Fashion https://ift.tt/15xnpbP

Influencers who gained online fame for offline pursuits are rapidly earning brand attention, but working with them requires a different type of partnership. from Business of Fashion https://ift.tt/O3WzyP7

At a time when many online brands are pivoting to wholesale or opening stores, the womenswear label Ayr sees a future in the old e-commerce model. from Business of Fashion https://ift.tt/4KLsyWF

BoF discovers how AI technology, smart tools, regenerative agriculture and purpose-driven projects are defining the next iteration of YSL Beauté, as the brand transforms its products and services to reflect the needs of consumers today. from Business of Fashion https://ift.tt/OSMdaGA

US ports will see less retail cargo entering the country in the second half of the year as economic growth slows amid back-to-back interest-rate increases and persistent inflation. from Business of Fashion https://ift.tt/lVJsARf

Activist shareholder Bluebell Capital Partners on Monday claimed a partial victory in its efforts to overhaul management at luxury group Richemont after the company proposed the appointment of a director to look after the interests of ordinary shareholders. from Business of Fashion https://ift.tt/tiaMmyj

The fund, Collab SOS, will invest in companies working to develop more sustainable materials, ingredients, energy and supply chains the Series A and B level. from Business of Fashion https://ift.tt/4izTEYR

The proposal involves asking factories to choose different days off instead of all of them remaining closed only on Friday, State Minister for Power and Energy Nasrul Hamid said in an interview. from Business of Fashion https://ift.tt/NOS8ctr

BoF Careers provides essential sector insights for fashion professionals in marketing this month, to help you decode fashion’s marketing landscape. from Business of Fashion https://ift.tt/RdaVgeZ

The venture firm has acquired a majority stake in the brand as it eyes global expansion, suggesting investors still see opportunity in well-placed fashion plays despite looming economic headwinds. from Business of Fashion https://ift.tt/O2zSGCZ

Technologies that can recycle old clothes back into new ones have been touted as a holy-grail sustainability solution. As they begin to scale, the industry is facing a tricky new logistics challenge. from Business of Fashion https://ift.tt/FYty4ZH

The fashion brands and platforms reporting results this week have been hit hard by slowing e-commerce growth – with one exception. Plus, your calendar for the coming week’s most important events. from Business of Fashion https://ift.tt/xSTILc9

Celebrities from Kylie Jenner to Taylor Swift are in hot water for their casual use of gas-guzzling private jets. Fashion brands’ flying habits deserve scrutiny too. from Business of Fashion https://ift.tt/52MxAkD

Birkin bag maker Hermes is not interested in getting involved in the fast-growing second hand luxury market which has attracted some its rivals, its chief Axel Dumas said on Friday. from Business of Fashion https://ift.tt/OqrdRCt

Disconnecting from fashion’s hype cycle is the most effective way to both curb the industry’s environmental impact and develop a better relationship with our clothes, writes Alec Leach. from Business of Fashion https://ift.tt/ZHohk5W

As consumers tighten their belts in response to inflation and the risk of recession, brands are seeking ways to tell consumers their products have value. from Business of Fashion https://ift.tt/GUWe3QM

Ryan Ross, formerly president of Williams Sonoma, will begin reporting to chief executive Geoffroy van Raemdonk, on Aug. 15. In the newly created role, he will be tasked with strengthening the Neiman Marcus brand and customer experience. from Business of Fashion https://ift.tt/tx7AVpk

Opening this fall in Soho, New York, the pop-up store will be GU’s first outside Asia, where there are already 450 outlets selling more stylish and trendy apparel aimed at younger customers. from Business of Fashion https://ift.tt/90A6xUQ

The German retailer now expects improved profitability and a return to growth in the second half of the year, according to a statement Thursday. from Business of Fashion https://ift.tt/uFnB2w9