Fashion World News

More than ever, the fashion industry is geared to generate buzz, but some brands are rethinking their dependence on marketing stunts. from Business of Fashion https://ift.tt/Bkp1x0m

Maria Grazia Chiuri and Anthony Vaccarello propose clothes for harder times, writes Tim Blanks. from Business of Fashion https://ift.tt/dhRSJrC

The direct-to-consumer underwear brand is now sold in 400 of the chain’s big-box stores nationwide — its second wholesale deal after Urban Outfitters. from Business of Fashion https://ift.tt/8FsIBOd

Sales at Italian luxury group Moncler rose 25 percent at constant exchange rates last year to come in ahead of forecasts thanks to strong contributions from its eponymous brand as well as Stone Island. from Business of Fashion https://ift.tt/a4Bo3w5

CEO JuE Wong called 2023 a “reset” year for the company, after fourth-quarter sales fell 21 percent year-over-year to $130 million. from Business of Fashion https://ift.tt/ClXNuq5

Owners of international brands like Lanvin and Carven faced challenges in their home market under ‘zero-Covid’ rules but China’s economic recovery is now on the horizon. from Business of Fashion https://ift.tt/M9i5E1k

The South African designer is taking a step back from the global stage by prioritising his local market, investing in DTC and working with new stockists across Africa. from Business of Fashion https://ift.tt/Om6s4yr

Despite fast growth for independent fragrance brands, designer scents still make up most sales, and a few companies are the engines behind them. BoF unpacks the key players. from Business of Fashion https://ift.tt/hGQaI3u

Milan Fashion Week was an exercise in multiplicity, strictness and seduction, writes Angelo Flaccavento. from Business of Fashion https://ift.tt/20fPRvi

Having started her career as a designer at Gap Inc. and Victoria’s Secret, before becoming director of consulting at trend forecasting agency WGSN, Amiyra Perkins today leads a creative team at the tech firm. Now, she shares her career advice. from Business of Fashion https://ift.tt/bV9UDa4

The intimacy of a maestro, the grand gestures of the new kids on the block…they’re all making movies in their minds, writes Tim Blanks. from Business of Fashion https://ift.tt/Kghwnp6

Matthieu Blazy’s collection was a joyous and ingenious celebration of pure craft, writes Tim Blanks. from Business of Fashion https://ift.tt/We54TjA

A Reuters investigation found some shoes meant for recycling in Singapore ended up in shops in Indonesia, where it is illegal to import second-hand clothing. from Business of Fashion https://ift.tt/I9zlt5D

Earnings from a host of mall brands will offer a clear picture of the strength of US retail sales. That, plus what else to watch for this week. from Business of Fashion https://ift.tt/XN02TQE

One house is in transition, the other is in a process of consolidation, but Gucci and Jil Sander both offered wonderful surprises, writes Tim Blanks. from Business of Fashion https://ift.tt/xTi3qIB

After decades on the outside of the fashion industry looking in, the designer — who took the stage at an LVMH-sponsored Black History Month event in New York on Thursday night — has his pick of collaborators. from Business of Fashion https://ift.tt/eqFsiCS

While job losses aren’t happening at the same pace as in Silicon Valley, retailers facing slowing demand and rising operating costs are starting to make cuts. from Business of Fashion https://ift.tt/jr8BhFu

Creative director Daniel Lee’s debut show underscored the luxury industry’s focus on designer shoes to drive growth, with a big nod to the hybrid glam-comfort styles that luxury customers now crave. from Business of Fashion https://ift.tt/l5rL6JU

The latest collection from Miuccia Prada and Raf Simons was an emotional elevation of the everyday looks, writes Tim Blanks. from Business of Fashion https://ift.tt/1Sgi6sf

Farfetch’s year-on-year sales decline continued in the final quarter of 2022 as the luxury e-commerce firm faced sustained geographic challenges in Russia and China. But the company expects new partnerships will help sales grow more than 10 percent in 2023, and reach as high as $10 billion by 2025. from Business of Fashion https://ift.tt/eycZ2ij

Billionaire investor Daniel Loeb told retailer Bath & Body Works on Wednesday that his hedge fund Third Point plans to launch a board challenge and said the company’s addition of new directors does not address his concerns about governance, capital allocation and executive pay. from Business of Fashion https://ift.tt/lxpH9O3

The Italian ski-wear brand’s large-scale events are a good example of how it’s able to play in the same league as brands with significantly larger budgets, argues Luca Solca. from Business of Fashion https://ift.tt/qf3LFYa

CEO Michael Kliger said the company would increase its focus on cultivating a top-end clientele as demand from aspirational luxury consumers softens. from Business of Fashion https://ift.tt/1xcV9y8

On the first day of Milan Fashion Week, Kim Jones, Glenn Martens and Fausto Puglisi offer different strategies for future-proofing. from Business of Fashion https://ift.tt/ydWV3a1

The clean beauty brand, which was valued at $1 billion in 2021 after private equity The Carlyle Group took a majority stake, will be available on Ulta.com starting Feb. 26, and in 500 stores nationwide on Mar. 5. from Business of Fashion https://ift.tt/RbgfP25

The Joan Mitchell Foundation said it sent the French house a cease and desist letter demanding the immediate withdrawal of the campaign, which stars French actress Léa Seydoux. from Business of Fashion https://ift.tt/FLYC0TD

Cartier’s new augmented-reality experience in Snapchat highlights how luxury is testing the technology for storytelling and as a sales driver. from Business of Fashion https://ift.tt/JNbzjeP

The collection will debut online and in selected stores this spring. from Business of Fashion https://ift.tt/xYUO9zI

The brand, which has been owned by the Chinese group Icicle since 2018, will return to the Paris Fashion Week schedule with Trotter’s debut show in September. from Business of Fashion https://ift.tt/SJfE951

Despite the name, TikTok’s latest viral trend is just further evidence of influencers’ power in shaping purchasing decisions from Business of Fashion https://ift.tt/YqCV4c2

Revlon Inc on Tuesday announced a deal with a holdout faction of lenders, removing the largest remaining roadblock to a plan that would allow the cosmetics maker to exit from bankruptcy by April. from Business of Fashion https://ift.tt/RaQvVZY

Zalando said the pandemic had boosted business in 2020 and 2021, but these tailwinds had faded since 2022 and the macroeconomic environment had become more challenging. from Business of Fashion https://ift.tt/KmrFP5T

From Christopher Kane to SS Daley, the designers showing at the tail end of London fashion week found beauty in bleak times. from Business of Fashion https://ift.tt/IAYTHmW

About 80 percent of Forever 21′s new collection, which will launch in the fashion-crazy country Tuesday via online sales and a pop-up store in central Tokyo, will be developed by local partner Adastria Co., Japan’s third-largest apparel maker. from Business of Fashion https://ift.tt/djC0O9Z

The region’s $89 billion fashion industry is set for unprecedented change in the upcoming years thanks to a mix of factors, from shifting consumer behaviours to new government investment policies, according to BoF Insights’ new report. from Business of Fashion https://ift.tt/TBg3zrc

But his celebration of tradition isn’t all that it seems. from Business of Fashion https://ift.tt/zfu7COm

The store will reportedly house beauty and fragrance, further cementing the area as a hotspot for luxury. from Business of Fashion https://ift.tt/LtHAXnf

In light of Glossier’s homecoming to New York and launch into Sephora, I posed two questions to a dozen people who work in beauty, as well as non-industry friends and acquaintances with varying degrees of knowledge of the landscape: “What is the most important beauty brand?” and “Who is the most important beauty founder?” of the last 15 years. from Business of Fashion https://ift.tt/keBsnQU

The French luxury house will pay €13 per share (around €1.4 billion) to shareholders after sales rose 29 percent last year. from Business of Fashion https://ift.tt/Jl94Zud

Although Uniqlo is a fixture in shopping streets of New York and other coastal cities, parent Fast Retailing Co. is giving its flagship clothing brand a hefty marketing budget to ensure the brand can reach the same level of awareness in Iowa and Texas as it enjoys in Japan, Asia and parts of Europe. from Business of Fashion https://ift.tt/rfbEgJa

The former Bottega Veneta designer’s first collection is London Fashion Week’s hottest ticket. Ahead of the show, BoF breaks down what’s at stake for the British megabrand. from Business of Fashion https://ift.tt/iWqnfJB

From Simone Rocha to Molly Goddard, the designers that stood out most pulled things back, or pushed them to new heights, writes Susanna Lau. from Business of Fashion https://ift.tt/TRyB9DE

From Harris Reed to Matty Bovan, there was a whiff of Dame Vivienne in the opening days of London Fashion Week, writes Susanna Lau. from Business of Fashion https://ift.tt/2YP7Elq

The report is the first time the Chinese luxury company has disclosed financial performance since its SPAC listing. from Business of Fashion https://ift.tt/fNCo64i

Powerful shifts in media-technology are rewriting the playbook for building a fashion brand in 2023, argues Thom Bettridge. from Business of Fashion https://ift.tt/LgQXDEA

The city’s designers have long been at the forefront of promoting size inclusivity, but cast noticeably fewer “curve” models this season. One theory: the rise of Y2K style is bringing back the era’s body standards as well. from Business of Fashion https://ift.tt/rFdMtkV

In an effort to cut costs, the luxury resale platform will lay off 230 employees and close four stores this year. from Business of Fashion https://ift.tt/xaNrkPJ

Citron Research said on Thursday Etsy Inc has become one of the largest platforms in the world for counterfeit goods, sending the e-commerce firm’s shares down about 6 percent. from Business of Fashion https://ift.tt/MeiVRrb

Join us on Thursday, February 23 at 15:00 GMT / 10:00 EST for our next #BoFLIVE as Lenzing’s Florian Heubrandner, VP of global textiles business, Nina Marenzi, founder and director of The Sustainable Angle and Future Fabrics Expo and BoF’s Alice Gividen discuss why rethinking the end-of-life of products is a critical next step. from Business of Fashion https://ift.tt/aUt236o

After a rough few years, the beauty brand is opening a new SoHo flagship, will soon launch at Sephora and is planning a busy slate of product releases. Sources say sales of $275 million this year aren’t out of the question. from Business of Fashion https://ift.tt/UO8uVlH

Marie was the subject of a criminal investigation spanning more than two years for a string of alleged sexual assault and rape offences that took place in the 1980s and 1990s. from Business of Fashion https://ift.tt/BYqiavD

The Berlin-based communications agency, whose clients include Supreme, Rimowa, Gucci and Nike, has tapped former JW Anderson chief executive Simon Whitehouse as CEO. from Business of Fashion https://ift.tt/shJ12wS

Join us on Wednesday 22 March, 2023 at The Times Center, New York — or via the global livestream. from Business of Fashion https://ift.tt/DwOeNvd

From Coach to Altuzarra, practical garments dominated the second half of New York Fashion Week, save for Thom Browne’s theatre of The Little Prince. from Business of Fashion https://ift.tt/3qgUWpv

Start-ups developing new materials like mushroom and lab-grown leather raised $457 million in 2022, down from $980 million in 2021, according to a report published Wednesday by think tank Material Innovation Initiative. from Business of Fashion https://ift.tt/LS1vOwp

The veteran designer and pioneer of “China chic” took popular NFT images from Bored Ape Yacht Club and Cryptopunks and laced and embroidered them onto her garments for her brand’s Fall/Winter 2023 collection. from Business of Fashion https://ift.tt/FelMcmY

The fast-fashion industry to which H&M belongs is looking for ways to curb its carbon footprint in response to growing demands from investors to take more responsibility for the environment. from Business of Fashion https://ift.tt/m6xb0U9

The company joins a growing list of firms in corporate America that have reduced their workforce amid worries of an economic downturn. from Business of Fashion https://ift.tt/sewJlQ1

Owner Kering’s annual results missed estimates, with fourth-quarter sales falling 7 percent amid troubles in China, a designer transition at Gucci and on-going scandal at Balenciaga. from Business of Fashion https://ift.tt/05LeAhV

The Mother of Pearl designer talks about how she quit the fashion system to build a sustainable luxury label, the subject of a documentary that premieres at the start of London Fashion Week on Thursday. from Business of Fashion https://ift.tt/j4mLui6

Abramo, currently president and CEO for North America at the Richemont-owned jewellery house, will start in her new role from March 1. from Business of Fashion https://ift.tt/fLoGdSD

Luxury’s biggest brand is reportedly in talks with the celebrity music producer, after spending months deciding how to fill the shoes of its late trailblazing designer Virgil Abloh, the Wall Street Journal reported. from Business of Fashion https://ift.tt/6D1Ss4k

Critics say they are dystopian, but ‘flawless’ virtual influencers may be worth considering in a market where celebrity brand ambassadors have become an increasingly risky investment. from Business of Fashion https://ift.tt/4HK9nuN

Concerned Vietnam-based exporters are seeking to ensure they comply with a US ban on imported products using raw materials from China’s Xinjiang as lucrative trade in goods like garments and solar panels comes under closer scrutiny in Washington. from Business of Fashion https://ift.tt/VniUbBk

The Business of Fashion is pleased to announce The Business of Beauty Global Forum, a new invitation only gathering bringing together a dynamic group of executives, entrepreneurs, and creatives from the global beauty and wellness industry, taking place between May 30 and June 1, 2023 at Stanly Ranch, a new five-star resort located in Napa Valley, California, USA. from Business of Fashion https://ift.tt/iWLbmfT

Shopify, Farfetch and other tech companies are vying for the multi-billion-dollar opportunity to handle the backend of brands’ online stores. from Business of Fashion https://ift.tt/wXCDBor

The luggage company, valued at $1.45 billion when it raised capital in 2019, is exploring strategic options including a sale, according to people with knowledge of the matter. from Business of Fashion https://ift.tt/ykXKEjb

Booming beauty service chains like HeyDay and Ever/Body are hoping for recession proof success. But their next stage of growth — in the midst of competition for labour and customers — will bring about new challenges. from Business of Fashion https://ift.tt/hPDIfa8

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/kaCezQY

Brands and retailers are increasingly looking to other sectors to fill their upper ranks but companies and candidates alike have to make an effort for these relationships to work. from Business of Fashion https://ift.tt/SbsfqU8

While some designers seemed to laugh in the face of uncertainty as they got weird with animals, fairies and food, others tapped the beauty of the everyday, reports Steff Yotka. from Business of Fashion https://ift.tt/Ygt8TmC

The Gen-Z favourite brand debuted its first-ever TV commercial featuring Jennifer Coolidge hot off While Lotus buzz, in a prime-time Super Bowl spot — signalling the size of its ambitions. from Business of Fashion https://ift.tt/c2AD51N

The luxury giant must address challenges at Gucci and Balenciaga, plus uncertainty in China, the company’s most important market. Plus, what else to watch for this week. from Business of Fashion https://ift.tt/XFEpJTr

Fashion’s torch bearer for skinny pants and rock music pleaded his case to do it all again (the early 2000s, that is) at a Paris menswear happening. from Business of Fashion https://ift.tt/1WSJoTR

In her new role, she will oversee the creative, product and packaging development of the label's burgeoning beauty line. from Business of Fashion https://ift.tt/23SmQGE

Asos said Glithero, who has previously had roles at Auto Trader, Funding Circle and MatchesFashion, has already joined the company. from Business of Fashion https://ift.tt/nKbY6Ig

The complaint filed Thursday accuses Olaplex of making false statements, including that its offerings restore damaged hair and provide the “ultimate breakage insurance.” from Business of Fashion https://ift.tt/ENZjHQq

The retailer operating 144 stores for international brands across Singapore, Malaysia and Indonesia has reported a net profit of 1.7 million Singapore dollars (US$1.28 million) for the half year ended December 31, from Business of Fashion https://ift.tt/nbscDZf

Sales growth may be slowing for American luxury groups Capri, Tapestry and Ralph Lauren, but some have demonstrated that a healthy bottom line makes up for stagnating revenue. from Business of Fashion https://ift.tt/v4ADMCa

The famously social media-shy designer has launched an Instagram account and will unveil her first collection under her own name via phoebephilo.com. from Business of Fashion https://ift.tt/vl4fZrM

The company said it now expected fiscal 2023 earnings of $3.70 to $3.75 per share, compared with its prior estimate of $3.60 to $3.70. from Business of Fashion https://ift.tt/6n0qsfA

In a letter dated Thursday, Republican Bill Cassidy of Louisiana and Democrats Elizabeth Warren of Massachusetts and Sheldon Whitehouse of Rhode Island sought details about the company’s procurement process and its links to Xinjiang, a region of China whose products are banned for import into the US by federal law. from Business of Fashion https://ift.tt/LqzBjiS

BoF shares key insights from a panel positing tech-driven innovations for fashion and beauty at Copenhagen’s International Fashion Fair, which returned to celebrate its 60th season last week. from Business of Fashion https://ift.tt/yOklqP4

The Cupid-themed show reflected sweeping changes to the brand since sexual assault allegations nearly derailed his business in 2019. from Business of Fashion https://ift.tt/5uRnYcE

Sales for the singer’s inclusive streetwear line, which is produced in collaboration with Adidas, fell more than 50 percent in 2022 to $40 million, far below Adidas’ $250 million revenue projections, according to a new report from the The Wall Street Journal. Adidas also anticipated losing $10 million from the partnership last year. from Business of Fashion https://ift.tt/zNBTOuI

A jury may decide as soon as today whether Mason Rothschild’s NFTs infringe on Hermès’ trademarked Birkin bag. But the debate over NFTs is only just beginning. from Business of Fashion https://ift.tt/ZqGS3NL

High-end fashion companies weathered decades-high inflation better than other industries for most of last year as affluent shoppers dipped into pandemic savings, but persistently increasing prices have now prompted even high-end spenders to stem their splurging on designer labels. from Business of Fashion https://ift.tt/2YEWb7H

The Indian fashion conglomerate reported sales growth of 20 percent to 3589 crore rupees ($435 million) for the quarter ended December 30, largely driven by a 33 percent improvement in e-commerce, but a 94 percent decline in profits. from Business of Fashion https://ift.tt/n9C0uEY

Analysts had expected the firm’s sales growth forecast to come in at 1 percent on average. from Business of Fashion https://ift.tt/GJaSdrk

Brands that once ruled multi-brand retailers are investing in DTC to build connections with customers and improve their margins. But like digitally native brands before them, they’re finding fatter profits remain elusive. from Business of Fashion https://ift.tt/zD0lijw

China’s luxury market contracted 10 percent in 2022 on the year, snapping a five-year streak of high growth, as Beijing’s zero-Covid policy and a slowing economy hit spending, Bain & Company said in a report on Tuesday. from Business of Fashion https://ift.tt/jK9ylCs

The European Union on Tuesday started to consider a proposal to ban widely used substances known as PFAS or “forever chemicals” in what could become the bloc’s most extensive piece of regulation of the chemical industry. from Business of Fashion https://ift.tt/BKh3Dyd

After over a decade in business, the brand will now only be known as “Simkhai” in an effort to appeal to international audiences from Business of Fashion https://ift.tt/U0z562V

Nearly 60 lawsuits claiming hair relaxer products sold by L’Oréal USA Inc and other companies cause cancer and other health problems will be consolidated in Chicago federal court, according to a Monday order from the Judicial Panel on Multidistrict Litigation. from Business of Fashion https://ift.tt/4PtsW5z

The New Zealand-born British journalist died on Feb. 5, her 77th birthday, said the Graduate Fashion Foundation, which Alexander became honorary president of in 2019. from Business of Fashion https://ift.tt/ne6IxvQ

‘Clean’ products have been a driving force in beauty for years. But with no universal standards, the confusion surrounding that label is threatening both its use as a measure of product safety and in marketing. from Business of Fashion https://ift.tt/34GCozT

From working on the shop floor at Louis Vuitton to holding executive roles at Tag Heuer, Cartier, Tesla and Farfetch, Jeffery Fowler shares his career advice on advancing through the ranks in luxury retail. from Business of Fashion https://ift.tt/KHiobpu

While the campaign still features products designed by Tisci, the release signals Burberry is getting a complete creative overhaul under the stewardship of Yorkshire-born Lee and new CEO Jonathan Akeroyd. from Business of Fashion https://ift.tt/2cJ70OX

Partnering with Copenhagen Fashion Week, BoF invited market leaders including Pascal Morand, Julie Gilhart, Ganni co-founder Nicolaj Reffstrup, EU Parliamentary Committee chair Dr Christian Ehler, journalist Clare Press, executives from Renewcell and Lenzing, and others from across the value chain, to work together towards actionable solutions capable of urgently altering the industry’s ecological impact. from Business of Fashion https://ift.tt/E9zgOLQ

New York’s schedule is short on surprises as brands play it safe in an uncertain economy. Plus, what else to watch for this week. from Business of Fashion https://ift.tt/iqTfxzm

Brands and trade groups are stepping up their lobbying efforts in the US in response to a suite of regulations targeting the industry’s environmental and social impact. from Business of Fashion https://ift.tt/dsfl5vS

Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to push the upscale retailer to shake up its board as its performance has lagged behind rivals, people familiar with the matter said on Thursday. from Business of Fashion https://ift.tt/D37a0BS

Former Estée Lauder executive Raffaella Cornaggia has been named CEO of the unit, which will develop beauty for the French group’s brands, including Bottega Veneta, Balenciaga and Alexander McQueen. from Business of Fashion https://ift.tt/Cv8P1rZ

Aviator Nation’s pricey sweatpants and cashmeres had a cult following before they were swept up in the “dopamine dressing” phenomenon. Now, founder Paige Mycoskie – still the brand’s only shareholder – is ready to see just how big her vision for California surfer cool can get. from Business of Fashion https://ift.tt/XpmKC0B

Amazon.com Inc beat Wall Street estimates for quarterly sales on Thursday, as the retailer’s marketing blitz during the holiday period helped attract shoppers. from Business of Fashion https://ift.tt/xXgNdfI

The LVMH-owned beauty retailer asked a federal judge to dismiss a lawsuit alleging its “Clean at Sephora” designation is false advertising. from Business of Fashion https://ift.tt/eOT6awF

Overtly sexual marketing has long been a selling point in beauty, but the makeup artist is pushing boundaries with a new collection of lip colours in anatomically correct tubes. from Business of Fashion https://ift.tt/cwuRrPm

Canada Goose Holdings Inc trimmed its full-year revenue forecast on Thursday as Covid-induced restrictions weigh on sales of upscale jackets and parkas in China. from Business of Fashion https://ift.tt/2MZkRwI

Publicis Groupe, the world’s third-largest advertising agency, said on Thursday it expects organic growth between 3 percent and 5 percent this year, as it banks on continued investments from clients on their digital transformation. from Business of Fashion https://ift.tt/AZ1ySP8

Small stores can remain competitive by scaling their private labels, testing new store concepts, and offering brands consumers can’t find on Farfetch or in Selfridges. from Business of Fashion https://ift.tt/yntbeJk

The beauty company today said its net sales grew by 49 percent in the third quarter, ended Dec. 31, 2022, to $146.5 million. Analysts were expecting sales of around $122 million. from Business of Fashion https://ift.tt/Lr6UBji

The parent of Instagram and Facebook forecast revenue between $26 billion and $28.5 billion, compared with analysts’ average estimates of $27.14 billion, according to IBES data from Refinitiv. from Business of Fashion https://ift.tt/IK4McVW

In the opening days of its trial against the MetaBirkins creator, the luxury house revealed some of its own thinking around web3 and virtual worlds. from Business of Fashion https://ift.tt/l45oQGS