Fashion World News

On Saturday, subscribers to Philo’s mailing list received an email confirming the launch date along with a fast-moving GIF of flashing images teasing a glimpse of her creative vision for the label for the first time. from Business of Fashion https://ift.tt/XdNxkzZ

After ten years as creative director, Jonathan Anderson has defined a new attitude for the Spanish brand from Business of Fashion https://ift.tt/jabPnYI

In addition to major fashion hubs like the US, UK, France and China, our latest additions to the BoF 500 come from emerging markets from Nigeria to Thailand. from Business of Fashion https://ift.tt/aXJr3Cz

Tom Ford’s new creative director opens up to Imran Amed about his progression in the fashion industry and his first womenswear collection for the brand. from Business of Fashion https://ift.tt/RGE83AB

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/974loSw

Explore the latest additions to The Business of Fashion’s definitive index of the people shaping the global fashion industry of today and tomorrow. from Business of Fashion https://ift.tt/4IJFzp8

The fearlessness of Rick Owens and Daniel Roseberry at Schiaparelli ought to be inspirational for the fashion industry, writes Tim Blanks. from Business of Fashion https://ift.tt/cl2GfdN

Chico’s FAS will be taken private by Sycamore Partners for $938.1 million in an all-cash deal, the apparel retailer said on Thursday, sending its shares surging 63 percent in premarket trading. from Business of Fashion https://ift.tt/HOPRJDT

The New York-based parent of CoverGirl and Kylie Cosmetics made its debut on the Paris Stock Exchange today, offering 33 million common shares at €10.28 ($10.80). from Business of Fashion https://ift.tt/wEpJoC8

Long known for his music and fashion influence, the multi-hyphenate reflects on his expanding beauty business. from Business of Fashion https://ift.tt/O7DZUno

In a roundtable co-hosted by Bulgari and BoF, executives representing the likes of Gucci, Versace, Marni, Tod’s, Meta, McKinsey and more discussed topics such as female-identifying representation in leadership and sponsorship in the workplace. BoF shares key insights below. from Business of Fashion https://ift.tt/RLwE0PB

Two of the most evocative shows of the season, one firmly based in reality, the other existing in a melancholy dream realm, writes Tim Blanks. from Business of Fashion https://ift.tt/MKiZbXv

How do Maria Grazia Chiuri and Anthony Vaccarello impose their personal idiosyncrasies on two of the biggest brands in fashion? from Business of Fashion https://ift.tt/iSanmIj

A new study from Trove and Worldly found that if luxury and outdoor apparel brands can grow their resale offering to account for a quarter of total revenue, then they can substantially reduce carbon emissions. Fast fashion, not so much. from Business of Fashion https://ift.tt/gk3lYKh

How do Maria Grazia Chiuri and Anthony Vaccarello impose their personal idiosyncrasies on two of the biggest brands in fashion?, writes Tim Blanks. from Business of Fashion https://ift.tt/OX8zPLA

Marni finally touches down in the capital of fashion after its global mini-tour, writes Tim Blanks. from Business of Fashion https://ift.tt/joyQL3l

“I like the idea of a house linked to a form of utopia, of a shared project,” said the designer, who will mark three years leading the space-age brand at a Paris Fashion Week show Wednesday. from Business of Fashion https://ift.tt/sGUOnld

Italian private equity firm Style Capital has acquired a majority stake in French contemporary apparel and accessories label Soeur, the two companies announced today. from Business of Fashion https://ift.tt/OsEzH4y

After the SAC’s Higg Index became a central focus for greenwashing allegations, the trade group commissioned an independent review. Its recommendations include scrapping a stand-alone materials assessment and more work to improve the data. from Business of Fashion https://ift.tt/WcvErDZ

Target said on Tuesday it would close nine stores across four US states, including California, citing that theft and organised retail crime was threatening the security of the retailer’s employees and customers. from Business of Fashion https://ift.tt/evP0mkE

Organised crime rings in New York, San Francisco, Los Angeles and Houston are targeting retail inventories, causing more financial loss, according to a report by the National Retail Federation (NRF), a trade group representing US retailers. from Business of Fashion https://ift.tt/mwo9UvY

The US Federal Trade Commission filed a long-awaited antitrust lawsuit against Amazon on Tuesday, charging the online retailer with harming consumers through higher prices in the latest US government legal action aimed at breaking Big Tech’s dominance of the internet. from Business of Fashion https://ift.tt/3DlHzI1

British online fashion retailer Asos reported a 15 percent fall in fourth-quarter sales and forecast earnings around the bottom of its guided range but said it was making progress with its turnaround plan. from Business of Fashion https://ift.tt/s7tnEo2

Following its successful Super Bowl ad with the actress, the brand is expanding its partnership with the “White Lotus” star. from Business of Fashion https://ift.tt/IeVKH0s

Discount e-commerce is set to dominate globally during the critical upcoming holiday shopping season in the West and Singles’ Day in China, analysts said. from Business of Fashion https://ift.tt/g7rNxAJ

Soaring luxury goods prices have boosted turnover at companies like LVMH and Kering, helping them to report reductions in their ‘emissions intensity’ — the volume of planet-warming gases released relative to revenue. from Business of Fashion https://ift.tt/ysZlCXf

Coty has submitted an application for dual listing of its shares on the Paris Stock Exchange, the company said on Monday, as the CoverGirl cosmetics parent looks to tap into European investor interest. from Business of Fashion https://ift.tt/w1defsK

Striking Hollywood screenwriters reached a tentative new labour agreement with studios, including Walt Disney Co. and Netflix Inc., settling one of two walkouts that have shut down film and TV production. from Business of Fashion https://ift.tt/HGa1Yg0

EU antitrust regulators will decide by Oct. 20 whether to clear luxury e-commerce company Farfetch’s acquisition of a stake in online fashion retailer YOOX Net-A-Porter (YNAP) from Richemont, a European Commission filing showed. from Business of Fashion https://ift.tt/cJDwMbK

On Friday 29 September, The BoF 500 Class of 2023 will be unveiled. To mark the occasion, The Business of Fashion sat down with four members of The BoF 500 to discuss how they are shaping the future of the industry. from Business of Fashion https://ift.tt/xM6LOja

Bottega Veneta, Jil Sander and Versace make radically different journeys though space and time for Spring 2024, writes Tim Blanks. from Business of Fashion https://ift.tt/ayumtRT

The Federal Trade Commission is expected to sue Amazon Inc. for antitrust violations next week, according to people familiar with the matter — marking the agency’s fourth swipe at the online retail giant this year. from Business of Fashion https://ift.tt/XYV3Kgi

Key departures at Alexander McQueen, Chloé and more may kick off another round of designer musical chairs. That, plus, what else to watch for in the coming week. from Business of Fashion https://ift.tt/z6PaiNO

In a fashion scene dominated by ultra-established heritage names, upstarts like LVMH Prize-winner Setchu and Magliano are increasingly grabbing the spotlight, as the Attico, Del Core and Sunnei pass new milestones. from Business of Fashion https://ift.tt/0DhGxIi

Gucci was in the air at two of the most critical shows in Milan this week, writes Imran Amed. from Business of Fashion https://ift.tt/fVK9aps

New designer Sabato De Sarno is thrown in at the deep end as the brand aims for a turnaround, writes Tim Blanks. from Business of Fashion https://ift.tt/P3XoKTU

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/bRQE4Nr

Adidas AG chief executive officer Bjorn Gulden has apologised for questioning whether Ye, formerly known as Kanye West, really meant the antisemitic statements he made last year. from Business of Fashion https://ift.tt/TlvFgJO

This week, New York played host to one of the world’s largest climate confabs, but there was little visible presence from fashion’s biggest companies. If the industry doesn’t pull up a seat at the table, it risks getting left behind. from Business of Fashion https://ift.tt/gAwHYjs

BoF founder and editor-in-chief Imran Amed speaks to veteran modelling agent Chris Gay to understand the shifting power dynamics in the modelling industry and how models can build a career that stands the test of time. from Business of Fashion https://ift.tt/o20Oe9P

The late designer’s archive of nearly 20,000 pieces ranging from Madame Grès and Schiaparelli to Comme des Garçons and Gaultier is like a ‘real-life backup disk of 20th century fashion,’ writes Laurence Benaïm. from Business of Fashion https://ift.tt/1pQGYaU

While Miuccia Prada says goodbye to her longtime right hand, Tom Ford’s takes centre stage, writes Tim Blanks. from Business of Fashion https://ift.tt/xKsOTMV

Next has raised its full-year profit expectations for the third time in four months and signalled that prices could start to fall next spring for the first time in at least two years. from Business of Fashion https://ift.tt/8ZTpGCj

Designer collaborations with beauty lines can offer shoppers status, but it’s unclear which party benefits more. from Business of Fashion https://ift.tt/tHjO9Nf

A solemn Fendi and a rave-y Diesel were both, in their own ways, studies in extremes, writes Tim Blanks. from Business of Fashion https://ift.tt/sEDjeAt

The data and technology business has developed proprietary tools that allow analysis of customer engagement, marketing strategies and lifetime value, working with the likes of The Economist, MyTheresa and Diageo. BoF speaks to Good Growth’s CEO and co-founder to learn more. from Business of Fashion https://ift.tt/JY7gb6A

Italy’s Safilo and Amazon said on Wednesday they were launching new Carrera-branded “smart” glasses which employ Alexa technology and will be sold in the US market. from Business of Fashion https://ift.tt/YKS5bWp

Italy’s fashion label Moschino will hire its new creative director in the next few weeks, said Massimo Ferretti, the executive chairman at Aeffe, which owns the brand. from Business of Fashion https://ift.tt/7yQSGMw

Unilever Plc has hired investment banks Morgan Stanley and Evercore Inc to sell a basket of non-core beauty and personal care brands that include Q-Tips and Impulse, reviving an effort it abandoned two years ago, according to people familiar with the matter. from Business of Fashion https://ift.tt/ArkNvPM

The sneaker brand has faced challenges in the year since it launched a 3D online space and introduced NFT-linked sneakers, but it sees a long-term opportunity ahead in virtual goods and experiences, including a chance to make them a significant part of its business. from Business of Fashion https://ift.tt/gnyhoBM

Building emotional, even inspirational, connections to a product is more critical than ever in fashion and beauty. In today’s hyper-competitive, crowded environment, marketing strategies that make brands stand out and stay culturally relevant need a mix of old and new tactics. from Business of Fashion https://ift.tt/CGt6mUq

Fast fashion giant H&M has eliminated free returns for online purchases in the UK, where customers will now be required to pay £1.99 for both parcel and in-store returns. from Business of Fashion https://ift.tt/apKekDg

The designer’s first outing this Friday will be a major test for the Italian megabrand and owner Kering. from Business of Fashion https://ift.tt/d8E1Yx5

As part of a strategic review, for which HanesBrands has tapped Goldman Sachs as an advisor, its board will consider a range of options, including a strategic transaction as well as continuing to operate the brand. from Business of Fashion https://ift.tt/9VnuzHv

Join us for a BoF Professional Masterclass that explores the topic in our latest Case Study, “The Essential Brand Marketing Guide.” from Business of Fashion https://ift.tt/h7qMdnV

For emerging designers, fashion shows are a rite of passage, and a means of building both media buzz and relationships with buyers. But even a basic show can cost up to $300,000. from Business of Fashion https://ift.tt/fqiQWTt

Pandora A/S has found the sweet spot to seize on rising demand for lab-grown diamonds in the US and other markets, the company’s chief executive officer said, positioning it for long-term growth. from Business of Fashion https://ift.tt/oZQ2A8c

Appetite for luxury is becoming universal, while the sky’s the limit for the top end of the market, writes Luca Solca. from Business of Fashion https://ift.tt/unBVJvO

The Chinese company hopes to alleviate its environmental impact through programmes like EvoluShein, which focuses on producing garments out of recycled polyester and reducing waste from unsold clothes. from Business of Fashion https://ift.tt/vhKCEI4

The editor of Vogue.com will become British Vogue’s head of editorial content, Condé Nast announced, as editor-in-chief Edward Ennininful prepares to step back from the title. from Business of Fashion https://ift.tt/w6AzX7K

In August, the brand began teasing the launch of its three upcoming scents, Closeness, Rivulets and Bright, Hot, with peel-off fragrance strip samples in customers’ e-commerce orders. The scents, which will launch in October, were made in partnership with natural fragrance maker Robertet. from Business of Fashion https://ift.tt/Fsrhjl8

The capital will help the brand grow its executive team, expand its product assortment and reinforce its global presence. from Business of Fashion https://ift.tt/zqmdr8n

The company will trade on the New York Stock Exchange under the symbol BIRK. from Business of Fashion https://ift.tt/wc3M6N1

Accessories are a major part of Daniel Lee’s brief at Britain’s biggest fashion brand. In an exclusive preview with Tim Blanks, the designer breaks down how his Spring/Summer 2024 collection addresses the challenge. from Business of Fashion https://ift.tt/dU9oj34

Susie Lau reports from the first half of London Fashion Week: JW Anderson, Roksanda, Molly Goddard and more. from Business of Fashion https://ift.tt/28i7bVM

French fashion house Balmain has lost dozens of pieces due to be unveiled at a Paris show later this month after a lorry carrying the clothing was hijacked, its creative director Olivier Rousteing said. from Business of Fashion https://ift.tt/9tZlqeM

Zara owner Inditex, which was among the first fashion retailers to raise prices in response to surging inflation, is in a strong financial position as weakening demand for clothing puts pressure on the sector to lower prices, analysts say. from Business of Fashion https://ift.tt/BzVEiry

For big luxury brands, runway shows usually aren’t make-or-break. This week offers at least one exception to the rule. That, plus what else to watch for in the coming days. from Business of Fashion https://ift.tt/EJR6m2q

German premium footwear maker, Birkenstock Holding’s revenue jumped 21 percent in the nine months that ended June 30, it said in updated paperwork for a U.S. stock market listing on Friday. from Business of Fashion https://ift.tt/OwA5sMD

Malls across the US have been ‘flash robbed’ by groups of about 20 to 30 suspects stealing retail merchandise. from Business of Fashion https://ift.tt/xQROwLF

Many of the most promising young labels to participate in London’s NewGen scheme went boom… before they went bust. But the programme, which turns 30 this year, enables a laboratory of creativity that benefits the whole industry, writes Susanna Lau. from Business of Fashion https://ift.tt/VXQoLdN

The event showcased Anna Wintour’s power to convene stars from across popular culture and positioned fashion — and the Vogue brand — as a kind of connective tissue between the worlds of music, film, theatre and more. from Business of Fashion https://ift.tt/KiQBmoP

John Lewis Partnership’s turnaround will take two years longer than planned and cost more money, the British retailer warned on Thursday, as stubborn inflation and rising interest rates batter shoppers and store groups alike. from Business of Fashion https://ift.tt/uAMDZzi

The French beauty retailer announced Thursday that Jean-André Rougeot, Sephora North America’s chief executive and president, will retire in April 2024. from Business of Fashion https://ift.tt/aMveRoU

The second half of New York Fashion Week suggested the season wasn’t just about 90s influences but gossamer fabrics, trawling nets, big jackets over tiny skirts and when in doubt lace, lace, lace, reports Lynn Yaeger. from Business of Fashion https://ift.tt/31WUErs

The Munich-based e-tailer is benefitting from its focus on courting luxury’s wealthiest shoppers, CEO Michael Kliger told BoF. from Business of Fashion https://ift.tt/vhS1M9i

In 2022, brands spent more than three times the amount than 10 years prior to acquire each customer through marketing. Jennifer Piña, vice president of strategic partnerships at social commerce platform MagicLinks, shares why influencer marketing remains a powerful investment. from Business of Fashion https://ift.tt/82EAstg

Inditex, parent company of Zara, reported a sales increase of 13.5 percent and a 40 percent rise in profits in the first six months of 2023, beating expectations. from Business of Fashion https://ift.tt/mgIY49c

Italian fashion group Ermenegildo Zegna said on Wednesday its first-half adjusted operating profit grew 45 percent to €120 million ($129 million). from Business of Fashion https://ift.tt/Rj0Q4wO

The buzzy brand, which used the technology to help design the collection it showed at New York Fashion Week, appears to be the first to use it to create physical runway looks, or at least the first to acknowledge it. from Business of Fashion https://ift.tt/BpyZUAo

For emerging designers, fashion shows are a rite of passage, a means of building buzz and relationships with buyers and press. But, from venue to production and publicity, even the most basic show can cost upwards of $300,000 — BoF unpacks how brands make it happen on a budget. from Business of Fashion https://ift.tt/DdZEUyg

The company will trade on the New York Stock Exchange under the symbol BIRK. from Business of Fashion https://ift.tt/JgKM8WX

The tech giant said Tuesday that it would no longer use leather in any new products, including watch straps — part of efforts to reduce its environmental footprint. from Business of Fashion https://ift.tt/tb6Y785

Macy’s Inc., the parent company of Bloomingdale’s, has appointed Olivier Bron as the new chief executive of the New York-based department store chain. from Business of Fashion https://ift.tt/78kGOsp

Associated British Foods raised its full-year profit outlook on Tuesday for the second time in four months, driven by resilient trading at its Primark fashion business and a strong performance from its food operations in its latest quarter. from Business of Fashion https://ift.tt/od2Asth

The latest BoF Careers’ white paper delves into how retailers can reimagine staffing practices to unlock growth, increase retention and improve the perception of retail careers as in-store talent becomes more critical than ever to success. from Business of Fashion https://ift.tt/VIGXEZQ

KKR & Co. Inc. has increased its stake in Indian billionaire Mukesh Ambani’s Reliance Retail Ventures by investing an additional $250 million at a valuation of $100 billion, adding to its bet on the country’s biggest retailer. from Business of Fashion https://ift.tt/JaIP7Uj

Zara owner Inditex, which was among the first fashion retailers to raise prices in response to surging inflation, is in a strong financial position as weakening demand for clothing puts pressure on the sector to lower prices, analysts say. from Business of Fashion https://ift.tt/PwE3cKM

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/rzlfCva

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/fW2gFzN

This season more than 30 brands on the New York Fashion Week calendar have a focus on sustainability. from Business of Fashion https://ift.tt/J0wElfz

The Swatch brand’s latest collaboration, a tie-up with the luxury diving watch Blancpain, debuted Saturday with thousands queuing at stores from Sydney to Tokyo and at major European cities for a chance to buy the timepiece. from Business of Fashion https://ift.tt/XHe1DAT

From Collina Strada’s neo-Victorianism to Khaite’s icy elegance, Lynn Yaeger reports from the New York shows. from Business of Fashion https://ift.tt/WLMNT8k

Results from Zara owner Inditex are likely to reflect rising sales, but regulatory challenges loom. That, plus what else to watch for in the coming week. from Business of Fashion https://ift.tt/4pJsytA

Post-Covid, people across fashion are seeking alternatives to the pressure and expectations that come from working in such a fast-paced industry, writes Imran Amed. from Business of Fashion https://ift.tt/ypgS3CM

Marc Bohan, creative director of Christian Dior for almost three decades, has died, the French couture house confirmed on Friday. Bohan was Dior’s longest-serving designer, occupying the position longer than Monsieur Dior himself. from Business of Fashion https://ift.tt/amD2Pqn

Amer Sports, the owner of Arc’teryx and Salomon is eyeing a US listing at a $10 billion valuation, even as fashion may be moving on from its outdoor fashion craze. from Business of Fashion https://ift.tt/eU0OMSi

The app’s Shop feature, which has gone live for some US users, is plagued by the same problems with a free-for-all marketplace Amazon has faced. from Business of Fashion https://ift.tt/8JZp2Rl

‘I think New York is hungry for the level of quality we offer,’ says designer Paul Helbers ahead of Fforme’s runway debut on Sunday. from Business of Fashion https://ift.tt/Kc4l5oq

The killing of a union leader in Bangladesh this summer has heightened anxiety over the risks facing labour organisers amid a broader, often violent, crackdown on labour rights. from Business of Fashion https://ift.tt/SOdx8G6

“More than ever we need non-fussy clothing,” the designer told BoF in a preview of his debut collection for Helmut Lang — the once-groundbreaking label’s first outing in four years. from Business of Fashion https://ift.tt/Ysdqf8L

Consumer goods makers and retailers investing in sustainably made products after years of shopper outcry say they face an uphill struggle convincing people to switch when those products cost more or look inferior. from Business of Fashion https://ift.tt/AF9Ka8o

Pinault family holding Artémis is acquiring private equity firm TPG’s stake in the Hollywood talent powerhouse for an undisclosed sum. from Business of Fashion https://ift.tt/OGj2xPy

Romain Carrere, a tech entrepreneur whose background includes advising web3 start-ups and luxury companies, is tasked with driving the group’s “new phase of growth.” from Business of Fashion https://ift.tt/QwvmDy5

E.l.f.’s $355 million acquisition of Naturium doesn’t change the fact that most influencer, actor and musician-fronted brands need to radically rethink their approach. from Business of Fashion https://ift.tt/wbTdI1c

On’s apparel designer discusses how collaboration, product innovation and sustainability plays into the design approach at the Roger Federer-backed Swiss sportswear brand. from Business of Fashion https://ift.tt/jFyv2bl

Fund manager Consortium Brand Partners has acquired a 70 percent stake in Reese Witherspoon’s fashion and lifestyle brand Draper James. from Business of Fashion https://ift.tt/ftQhmCA

Amer Sports, the maker of Wilson tennis rackets and Salomon ski boots, has filed confidentially for a US initial public offering that could value the group at as much as $10 billion, people familiar with the matter said. from Business of Fashion https://ift.tt/U7snbMw

The internet let guys find community in clothing and helped popularise fashion among men, but it has also fostered a mentality that prioritises scoring points online, according to Derek Guy, aka ‘Menswear Guy,’ who has inadvertently become one of social media’s most prominent menswear commentators. from Business of Fashion https://ift.tt/PicHD6G

L Catterton, the LVMH-backed private equity firm, is acquiring a minority stake in Swedish hair care brand Maria Nila. from Business of Fashion https://ift.tt/Tcf0aZS

Strong demand for the Swiss luxury watch brand’s pricey timepieces has put sales on track to hit fresh highs. from Business of Fashion https://ift.tt/4p8LCFm

The New York-based designer will create his own collection for the retailer, launching in 2024. As part of his long-term role, Preston will also consult on the brand’s overall menswear assortment. from Business of Fashion https://ift.tt/XPrsCfL

The fashion veteran will be charged with overseeing the company’s design direction and blending "performance and style" in its apparel, footwear and accessories. from Business of Fashion https://ift.tt/MkXuyzB