Fashion World News

The British newspaper will launch a digital extension of its Luxx print supplement in response to interest from advertisers and readers, Luxx editor-in-chief Kate Reardon said. from Business of Fashion https://ift.tt/LNA28lW

Drawing inspiration from designs of the 1990s, the “Polo Stadium Collection” includes a limited run of physical hoodies, sweatshirts, sweatpants, button-down shirts, polo shirts and caps, with some items available on Nov. 2, and others releasing in early December. from Business of Fashion https://ift.tt/f6Vpmai

When even Glossier and Allbirds are signing deals with multi-brand retailers, it’s clear the go-it-alone era is over. Here’s how some new brands are building wholesale into their business plan from the get-go. from Business of Fashion https://ift.tt/MoR6SAv

South Korea is in a period of national mourning after more than 150 people were killed amid rushing crowds. from Business of Fashion https://ift.tt/FRCyouN

The former footwear design director at Nike, Ashley Comeaux, credits her success as a product designer to marrying problem-solving skills and creativity. Now, she offers her career advice to design talent, from how to present portfolios and articulate a unique perspective, to how she continues to upskill as a leader today. from Business of Fashion https://ift.tt/6C2VANi

The group’s focus on luxury fashion has paid off, thanks to bets on bold creativity and the designer, CEO and merchandiser ‘tripods’ it typically installs at its brands, writes Luca Solca. from Business of Fashion https://ift.tt/NPlaewh

Leather alternatives have been boosted as eco-innovation and dismissed as mere plastic, but the truth is more complicated than that and demands clearer marketing to avoid misleading consumers. from Business of Fashion https://ift.tt/8tuA4Jf

Consumers are expected to shop earlier and spend less as they adjust their behaviour in the face of rising prices. That, plus what else to watch for this week. from Business of Fashion https://ift.tt/srwUKJE

Cosmetics makers are feeling the squeeze as consumers pull back on even small luxuries. from Business of Fashion https://ift.tt/VksvNa6

The German sportswear giant’s partnership with Ye generated $1.7 billion in 2021, accounting for nearly 7 percent of its annual revenue. Now that the company has cut ties with the rapper, will it keep selling Yeezy designs? from Business of Fashion https://ift.tt/lqANPRI

A coalition of 12 civil society groups have warned the European Commission should not rely on a hotly debated method to assess environmental impact when it outlines rules on how brands should substantiate green claims at the end of next month. from Business of Fashion https://ift.tt/rM1tLiZ

The Christmas shopping period is unlikely to bring relief to European retailers that sell anything from running shoes to handbags as the cost-of-living crisis squeezes consumers and shrinks disposable income. from Business of Fashion https://ift.tt/iGYWP6e

The billionaire is expected to remain CEO in the interim but may eventually cede the role in the longer term, a person familiar with the matter said. from Business of Fashion https://ift.tt/ncM0mKu

Catchy phrases — like quiet quitting, quiet firing and labour hoarding — to describe how people behave at work is the latest indication of the challenging climate for fashion firms and their employees. from Business of Fashion https://ift.tt/DlsPCVg

BoF sits down with Eric Severson, chief people and belonging officer of NMG, and his people services team, to learn how the company uses analytics to modernise its people strategy and culture today. from Business of Fashion https://ift.tt/4QD7zNn

The Seattle-based company said revenue would be $140 billion to $148 billion in the three-month period ending the year, far short of analysts’ average estimate of $156 billion. from Business of Fashion https://ift.tt/vobCpfZ

Please join us on Wednesday, November 2 at 16:00 GMT for our next #BoFLIVE, as BoF's Robin Mellery-Pratt, along with Kristin Maa, senior vice president of Growth at Saks Fifth Avenue and Lydia Pang, chief executive and co-founder of Mørning discuss how luxury e-commerce is being transformed. from Business of Fashion https://ift.tt/jO49fIm

The new social media app has skyrocketed in popularity over the past year, and brands are still working out whether they have a place on the platform. from Business of Fashion https://ift.tt/inBYfy0

“These kinds of acquisitions would consolidate the perimeter of our supply chain and our Made in Italy platform from the very top, and make us more competitive in luxury textiles,” chief executive officer Gildo Zegna said in an interview in Milan. from Business of Fashion https://ift.tt/dWfO3IX

The footwear maker “has no intention of working with West,” it said in a statement. from Business of Fashion https://ift.tt/l7MEHq4

From fragrance to skin care to hair care, independent brands are making their mark on the beauty industry, but competition is stiff and scaling these businesses is more complex than ever. from Business of Fashion https://ift.tt/yPAVZNH

The group, known for its warm puffer jackets said on Wednesday it faced the northern hemisphere winter season “with confidence” after revenue exceeded 1.5 billion euros ($1.51 billion) in the nine months to September. from Business of Fashion https://ift.tt/gLzcEpx

The cosmetic brand’s parent company is facing an uncertain future after a series of troubled attempts to launch new makeup and skin care lines around influencers and pop stars. from Business of Fashion https://ift.tt/Cj3u6Vo

The store is one of 30 in China that Coach parent Tapestry Inc is looking to open in the coming 12 months, the company’s Asia Pacific president Yann Bozec told Reuters. from Business of Fashion https://ift.tt/PhWrS4B

Cosmetics group L’Oréal posted robust sales growth over the third quarter, lifted by brisk demand in Europe and the United States, which helped offset disruptions in China due to COVID-19 restrictions. from Business of Fashion https://ift.tt/94VEp25

BoF and Shopify gathered executives from across the Italian industry to discuss the challenges and opportunities facing Italy’s fashion market and manufacturing as the acquisition of independent suppliers intensifies, prices rise and consumer sentiment evolves. from Business of Fashion https://ift.tt/r5Kmkxf

Inditex closed its over 500 stores in Russia in March following Moscow’s invasion of Ukraine on Feb. 24 and subsequent Western sanctions. from Business of Fashion https://ift.tt/60HzNqo

A coalition of 12 civil society groups have warned the European Commission should not rely on a hotly debated method to assess environmental impact when it outlines rules on how brands should substantiate green claims at the end of next month. from Business of Fashion https://ift.tt/JICeHWb

The German sports company may announce the move as early as Tuesday, according to people familiar with the matter. from Business of Fashion https://ift.tt/gz6AieK

Xi Jinping has secured a precedent-breaking third term as president and elevated party loyalists to key positions, indicating the country’s government will stick to its zero-Covid policies and prioritise security concerns over economic growth. from Business of Fashion https://ift.tt/70iazUu

The group’s focus on luxury fashion has paid off, thanks to bets on bold creativity and the designer, CEO and merchandiser ‘tripods’ it typically installs at its brands, writes Luca Solca. from Business of Fashion https://ift.tt/zPU5TeM

Pierre-Emmanuel Angeloglou has added oversight of communications and events to his existing role of executive vice president of strategic missions at Louis Vuitton. from Business of Fashion https://ift.tt/AoFWNj6

Some Israelis posted videos on Twitter showing themselves burning Zara apparel after a local TV station reported that Trimera Brands chairman Joey Schwebel had hosted a roundtable with ultranationalist politician Itamar Ben-Gvir at his home last week. from Business of Fashion https://ift.tt/DH5SWXc

Please join us on Wednesday, October 19 at 17:00 BST / 12:00 EDT for our next BoF LIVE as BoF’s Benjamin Schneider and Diana Lee, along with a panel of experts, discuss the challenges and opportunities that face the fashion brands and retailers courting Gen-Z. from Business of Fashion https://ift.tt/g0ARQoj

The marketing, strategy and public relations firm opened its first international office in London on Wednesday. The Lede Company now operates offices in London, New York and Los Angeles, and is looking to expand further into Europe. from Business of Fashion https://ift.tt/xzVGPEM

“We all owe it to the country, to each other and to Rishi to unite and work together for the good of the nation,” Mordaunt said in a statement on Twitter. The ruling Conservative Party confirmed Sunak, who is due to address rank-and-file MPs at 2:30 p.m., has been elected leader. from Business of Fashion https://ift.tt/sOfYZ9G

Frasers said Monday it now has a strategic stake of 32.8 percent in Hugo Boss, mostly held through indirect put options, valued at €960 million ($945 million). from Business of Fashion https://ift.tt/IyrL3Dv

China’s yuan weakened and country’s stocks tumbled to the lowest level since the depths of the 2008 global financial crisis in Hong Kong, a stark rebuke of President Xi Jinping’s move to stack his leadership ranks with loyalists. from Business of Fashion https://ift.tt/Y9j5fKy

The event, which the e-commerce giant has built up from a one day Nov. 11 sale to a nearly two-week festival, will begin with seven days of pre-sales to allow shoppers on its Taobao and Tmall marketplaces to place deposits to secure goods later at a discounted price. from Business of Fashion https://ift.tt/6baFUoy

For up-and-coming brands, a few small, cleverly designed stores in the right locations can have a bigger impact than a giant flagship from Business of Fashion https://ift.tt/4S6cl5D

Meta’s earnings this week will provide an opportunity for the company to defend its vision for the metaverse. Fashion remains enthusiastic about the concept, though skepticism is growing. from Business of Fashion https://ift.tt/42UMgh5

The Somali-American model joins Imran Amed to discuss her journey from a refugee camp in Kenya to the US to the top of the fashion industry — and what she’s learned since taking a step back. from Business of Fashion https://ift.tt/Me2DC48

The brand ‘has no longer any relationship nor any plans for future projects related to this artist,’ parent company Kering said. from Business of Fashion https://ift.tt/UCs4fJo

Zara and Shein are the latest brands to enter the fast-growing secondary market, citing sustainability goals, but for the most part it’s business as usual. from Business of Fashion https://ift.tt/HhgnmeN

BoF compiles the most exciting career opportunities now available on BoF Careers — including jobs from Zalando, Acne Studios and Area. from Business of Fashion https://ift.tt/7VX2dkn

The fast fashion giant will launch a “pre-owned” offering in November, joining a growing number of big brands experimenting with such services. from Business of Fashion https://ift.tt/75Yd8rN

The company cut the average carbon footprint of its products by 12 percent last year, not yet enough to offset the impact of growth. from Business of Fashion https://ift.tt/vaeSnmG

Guzmán has been named to the post of editorial director at Oprah Daily, Hearst’s Oprah Winfrey-fronted media property. from Business of Fashion https://ift.tt/6DJvcWL

Cosmetics group L’Oréal posted robust sales growth over the third quarter, lifted by brisk demand in Europe and the United States, which helped offset disruptions in China due to COVID-19 restrictions. from Business of Fashion https://ift.tt/YjlgSJk

Sales at the conglomerate’s flagship label rose by 9 percent, below forecasts of 11 percent. from Business of Fashion https://ift.tt/eKyTl4Q

Adidas AG warned that unsold goods are piling up as consumer demand weakens across China and western markets, prompting a fresh profit warning from the sneaker maker. from Business of Fashion https://ift.tt/PJuA450

Truss came to power in early September promising an all-out push for growth, but her program proved unpalatable to financial markets as both the pound and gilts tanked amid concerns about how she’d pay for her economic plans. from Business of Fashion https://ift.tt/jcH1bQv

The AI image generator DALL-E is powering a design tool that lets users conjure new clothing concepts from a text prompt or reference image. from Business of Fashion https://ift.tt/sUPwXH6

Birkin bag maker Hermes flagged plans to hike prices by 5 percent to 10 percent in 2023 on rising costs and currency fluctuations, much more than in the past, after a sharp rise in sales over the third quarter with no signs of any slowdown yet. from Business of Fashion https://ift.tt/Sr796yz

The marketing, strategy and public relations firm opened its first international office in London on Wednesday. The Lede Company now operates offices in London, New York and Los Angeles, and is looking to expand further into Europe. from Business of Fashion https://ift.tt/wYBn5Mo

Americans have cut back on buying luxury goods like designer clothing and accessories over the past two months, according to data from three credit-card companies, raising questions over the sector’s resilience. from Business of Fashion https://ift.tt/OCU5njF

The investment round takes the marketplace's cumulative funding to $51.5 million since its inception in 2015. from Business of Fashion https://ift.tt/AOf0XKT

BoF editor-at-large Tim Blanks describes the designer and businessman’s life, continuing impact on fashion, mysterious succession plans and newfound vulnerability. from Business of Fashion https://ift.tt/7acrGZw

Dior and L’Oreal Paris were among the brands that made the most noise across media, while Kylie Cosmetics was the only celebrity brand to see growth, according to a report from Paris-based data analytics firm Launchmetrics. from Business of Fashion https://ift.tt/BcHinzA

The retailer's new chief executive officer laid out an extensive plan to reduce stock, slow automation and cut spending in an effort to survive as consumers retrench. from Business of Fashion https://ift.tt/JBAtiy9

With international travel corridors gradually reopening, luxury brands need to re-evaluate investment priorities as some clients in high-growth markets like South Korea and Thailand start buying abroad again while others continue shopping at home. from Business of Fashion https://ift.tt/oWupJqy

The deal follows the fashion brand’s Series C funding round last year which raised $50 million and was led by Chinese venture capital firm Primavera. from Business of Fashion https://ift.tt/VhLvgGK

It’s easier than ever for consumers to buy fakes online. But the spike in counterfeit sales may also have something to do with how brands themselves are pricing and marketing their products. from Business of Fashion https://ift.tt/MPTboft

SoftBank Group Corp. is offloading its stake in struggling British online shopping firm THG to co-founder Matthew Moulding and Qatar Investment Authority, after its shareprice has collapsed over the past year. from Business of Fashion https://ift.tt/XjvHNO5

The adjustment in part reflects a decline in the value of the euro in recent months and lower trading multiples of listed global luxury companies, chairman Joann Cheng said. from Business of Fashion https://ift.tt/briQEyK

Retailer Credo Beauty, an early player in the “clean” beauty space and a purveyor exclusively of “clean” beauty products is acquiring Follain, another “clean”-only retailer and product label. from Business of Fashion https://ift.tt/gTFs5uh

“This short-sighted move is based on inaccurate and incomplete projections,” said Paul Barnes, head of the Association of International Retail, calling the U-turn a “hammer blow to UK tourism and the British high street.” from Business of Fashion https://ift.tt/hIko5nC

The British online fashion retailer said it was in talks with lenders to change the terms of a £350 million ($394 million) borrowing facility to provide more flexibility in tough economic times. from Business of Fashion https://ift.tt/zNhui19

For those battling cancer, the treatment that could save their lives — chemotherapy and radiation — can severely damage their skin. So far, few beauty brands — La Roche-Posay is one of them — have stepped up with solutions. from Business of Fashion https://ift.tt/rRQ1ImX

Finnish designer Jenny Hytönen won the grand prize for fashion at the competition for young creatives in the south of France. South Korean photographer Rala Choi won for fashion photography. from Business of Fashion https://ift.tt/FdcSyxM

Luxury brands have gone all-in on America, but the country’s post-pandemic boom may be on its last legs. That, plus what else to watch for this week. from Business of Fashion https://ift.tt/u8OaGtk

A Frieze Week full of fashion events crescendoed with a Raf Simons show inspired by the post-pandemic exuberance of London’s youth, writes Susanna Lau. from Business of Fashion https://ift.tt/Vt3hn7o

The newly named head of American fashion’s top trade organisation is proof that independent designers in the US can build brands with both creative legitimacy and commercial heft. from Business of Fashion https://ift.tt/v3kw5Is

A wide-ranging crackdown on greenwashing has snared major players from H&M to the Sustainable Apparel Coalition. Now regulators have issued new guidelines for how sustainability can be marketed. from Business of Fashion https://ift.tt/bGcIm6n

The £100,000 ($113,000) fund will be divided between six companies, which will also receive access to a mentorship programme, networking opportunities, and one-on-one sessions from organisations like the Ellen MacArthur Foundation. The overall winner will receive an additional £10,000. from Business of Fashion https://ift.tt/goWjwIl

BoF Careers provides essential sector insights for fashion designers this month, to help you decode fashion’s creative and commercial landscape. from Business of Fashion https://ift.tt/BsYD10P

Sneaker marketplace Goat Group Inc. is set to acquire streetwear-resale site Grailed to expand deeper into the apparel business. from Business of Fashion https://ift.tt/hNreGw9

The instant access to information and products provided by the internet is changing how we adopt trends and signal status, argues author W. David Marx in “Status and Culture,” leaving us worse off for it. from Business of Fashion https://ift.tt/Lu8kxWY

Uniqlo owner Fast Retailing Co. issued an outlook for profit and sales ahead of analysts’ projections for the current fiscal year, thanks to better demand for its cheap casual apparel in Japan and a weaker yen bolstering profits brought back home from overseas. from Business of Fashion https://ift.tt/WtlFoE4

The world’s most-followed TikToker shares his unusual journey from Senegalese refugee to global fashion icon and what it says about what works on social media. from Business of Fashion https://ift.tt/gywrOQn

On Monday night, BoF and Mailchimp hosted emerging designers, fashion entrepreneurs and creative leaders in London to hear from the next generation of talent their reflections on the recent season, and the opportunities they see ahead. from Business of Fashion https://ift.tt/qblBoGM

How the 75-year-old luxury house tripled its revenue in just four years, according to BoF luxury editor Robert Williams. from Business of Fashion https://ift.tt/okD15ap

Sephora has failed in the UK in the past, but the pieces are there for it to be a success this go-round — if executed correctly. from Business of Fashion https://ift.tt/zYh38ew

Virtual fashion brand RTFKT rocketed from launch to Nike acquisition in less than two years. The man on the joystick isn’t a Silicon Valley geek but a French provocateur with a radical business vision and a warning for the fashion industry: ‘A lot of brands are going to die.’ from Business of Fashion https://ift.tt/metIKxi

A strong dollar is encouraging Americans to spend more abroad, luxury’s biggest group said. from Business of Fashion https://ift.tt/8UhTF4S

In China, branded cafes, bars and restaurants are a marketing sweet spot for luxury players like Burberry, Cartier and Tiffany but navigating an unfamiliar sector amid strict lockdowns isn’t easy. from Business of Fashion https://ift.tt/AO1f3U6

The New York-based designer, whose business was acquired by Zegna in 2018, replaces Tom Ford, who finished his three-year term at the Council of Fashion Designers of America (CFDA) in May. from Business of Fashion https://ift.tt/z3yRr0G

For the first time in a decade, Diane von Furstenberg is operating in the black. It’s a feat made possible by cutting overall production by half under the brand’s new CEO, Gabby Hirata. from Business of Fashion https://ift.tt/iuJBpwv

Jaeger-Lecoultre is collaborating with creators across disciplines, signing new ambassadors, and staging an exhibition in London’s Covent Garden. from Business of Fashion https://ift.tt/ztGQfHX

The journalist’s book “Glossy,” set to be released in Summer 2023, will unpack the rise of the brand, and its enduring impact on beauty, business and culture. from Business of Fashion https://ift.tt/ygl2dt0

Find out what makes Gen-Zers so unique and crucial to the fashion industry in the latest BoF Insights report. Co-created with Gen-Zers as well as a host of fashion and social media experts, we unpack what this generation expects from fashion today, and tomorrow. from Business of Fashion https://ift.tt/Ed09vQM

A crackdown on trade unions and increase in labour abuses is becoming a worrying new norm in fashion’s supply chain, according to a new report. from Business of Fashion https://ift.tt/3YOwxZk

Some of LVMH retail beauty brand Sephora’s stores reopened in Russia on Monday as Ile de Beauté, the Russian firm said, the latest rebranding in the country’s retail space as firms exit the country over Moscow’s actions in Ukraine. from Business of Fashion https://ift.tt/L5eJZjm

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/gIaMBLz

The architects of multiple retail triumphs, including Skims and Good American, share a personal and professional chemistry that fuels their success. from Business of Fashion https://ift.tt/K1uH8b0

With new digital ‘passports’ that disclose where its products were crafted, Monica Vinader is ahead of the pack in a jewellery sector under pressure to prove its gems aren’t linked to human rights abuses and environmental degradation. from Business of Fashion https://ift.tt/0TZ1qVb

Industry executives and a business school professor explain the importance of personal branding in fashion and share their advice on creating an authentic, standout brand in today’s saturated job market. from Business of Fashion https://ift.tt/iYdw3cn

Alexander McQueen, Raf Simons and others are taking advantage of the hum around the Frieze Art Fair — and a potential uptick in tourism. Plus, what else to watch for in the coming days. from Business of Fashion https://ift.tt/F63Lhlj

BoF’s founder and editor-in-chief Imran Amed speaks with the BoF 500 cover star about the ups and downs of her personal and professional trajectory and what the West needs to understand about India and its rich, diverse culture. from Business of Fashion https://ift.tt/pSd4Gue

Big brands from Adidas to Patagonia are on track to eliminate virgin polyester from their products. But the pivot to materials mostly made from recycled plastic bottles is an imperfect solution. from Business of Fashion https://ift.tt/EktwOjy

Starting from last night, lights in around 95 Valentino’s boutiques around the globe were to be turned off nightly at 10 p.m., the company said on Friday, adding it estimates a daily decrease in energy consumption of over 800 kWh. from Business of Fashion https://ift.tt/zNw9gCv

Register for BoF VOICES 2022 with Malala, Victoria Beckham, Demna and more from Business of Fashion https://ift.tt/Ljt6qkG

J.Crew is the latest brand to tap middle-aged stars including Julianne Moore and Diane Keaton for its campaign even as it strives to win over Gen-Z. Will the strategy work? from Business of Fashion https://ift.tt/ISXGZN1

The owner of Parfums de Marly is weighing a sale of the luxury scent maker, whose products can sell for more than €300 a bottle, people familiar with the matter said. from Business of Fashion https://ift.tt/oG78plL

The German sportswear giant has broken its silence over the dispute with Ye, the artist and designer formerly known as Kanye West, who accused the brand of effectively shutting him out of his namesake sneaker line in a series of now-deleted Instagram posts in August and early September. from Business of Fashion https://ift.tt/AoIPKym

Please join us on Thursday, October 13 as BoF’s Tamison O’Connor and Sheena Butler-Young, along with a panel of experts, unpack the texture hair care opportunity. from Business of Fashion https://ift.tt/XzxPbpE

Poshmark’s sale to South Korea-based Naver might feel hasty and ill-timed, but the resale company believes the technological benefits of the deal could help it solve a major conundrum: converting more of its 80 million users into buyers. from Business of Fashion https://ift.tt/xQEaryq

Walmart Inc told Reuters that 36,500 of its seasonal hiring jobs this year are in-store roles. from Business of Fashion https://ift.tt/9WwvZhO

A growing number of direct-to-consumer brands have found a winning retail formula by putting a modern spin on routine services such as piercings and eye exams. from Business of Fashion https://ift.tt/FwAPDVL

At the BoF 500 Gala event, held in partnership with Snap Inc., the social media company showcased how augmented reality can seamlessly blend physical and digital community experiences. BoF learns more about how brands can leverage the technology. from Business of Fashion https://ift.tt/UCQX0BM

Patagonia founder Yvon Chouinard’s is giving away his billion-dollar company. BoF chief sustainability correspondent Sarah Kent explains why — and what influence the change could have on the culture of business. from Business of Fashion https://ift.tt/LJRlOUN

This week, Amazon-owned Shopbop became the third high-end fashion e-tailer this year to get into beauty. The goal may be more about drawing people to the site than becoming a powerhouse in the category. from Business of Fashion https://ift.tt/Uld5kPT

The beauty retailer announced a new subscription-based membership on Tuesday that allows shoppers to get same-day eligible items (based on delivery address and nearby locations) from Sephora delivered in as little as two hours. from Business of Fashion https://ift.tt/H08WYBl