Fashion World News

One of the biggest winners in the years following the pandemic, the skincare category has started to normalise, with consumers looking for more instant results, niche brands and in-office treatments. from The Business of Fashion https://ift.tt/MC9c1Qd

The Best of BoF 2024: Navigating Risks and Opportunities Around the World

In 2024, fashion businesses across Asia, the Middle East, Africa, Eastern Europe and Latin America navigated a web of opportunities and challenges, adapting strategies to both seismic and subtle shifts in the global market. from The Business of Fashion https://ift.tt/rhamZAo

The Best of BoF 2024: Fashion’s Obsession Reaches Fever Pitch

In 2024, the sneaker world was rocked by missteps and management change at Nike, which now faces a difficult turnaround as challengers like On and Hoka continue their assault. Meanwhile, fashion’s fixation on sport reached a new pitch at the Paris Olympics and shows no signs of letting up. from The Business of Fashion https://ift.tt/jFEcCQ5

The Best of BoF 2024: Fashion Adapts to a Tough Reality

Facing depressed consumer sentiment and a slew of other macroeconomic headwinds this year, the industry was forced to revisit a timeless retail playbook: compelling product, prudent spending and a revival of brick and mortar. from The Business of Fashion https://ift.tt/6rLXZG3

Walmart Says to Miss Climate Targets as Green Challenges Mount

- December 20, 2024

Previous pledges to reduce operational greenhouse gas emissions by 65% by 2030 and 35% by 2025 are probably not achievable, and the company will consider reviewing its climate targets next year. from The Business of Fashion https://ift.tt/N5Z69nr

The Top 10 Stories that Shaped Fashion in 2024

- December 19, 2024

BoF looks back at the news that changed the industry this year — and will define the fashion agenda in 2025. from The Business of Fashion https://ift.tt/3USBTln

5 Takeaways from Nike’s Earnings

- December 19, 2024

New CEO Elliott Hill outlined his plan to turn Nike around as the company battled through another challenging quarter. There are signs of progress, but it’s going to be a long road back. from The Business of Fashion https://ift.tt/Lbunz83

2024 Was the Year of Entertainment in Marketing

Brands focussed on marketing with entertainment in 2024, aligning with major cultural events and viral trends. from The Business of Fashion https://ift.tt/znC8wEV

Influencers to Beauty Brands: Stop Sending Us So Much Stuff!

As influencers and editors become increasingly vocal about their distaste for excessive or opulent mailers, brands need to create more tailored strategies to maximise their reach — and their budget. from The Business of Fashion https://ift.tt/97KbGvf

Birkenstock Results Beat on Resilient Demand, Forecasts Margin Recovery

The company reported fourth-quarter revenue of 455.8 million euros ($478.27 million), compared with the average analyst estimate of 439.2 million euros. from The Business of Fashion https://ift.tt/uyT0tGx

Kering Seen Closing Property Deal in Early 2025 to Cut Debt Load

The closing of the deal could come in early 2025, as the company signaled earlier this year. from The Business of Fashion https://ift.tt/QL5XoHh

Apply Now: The Business of Beauty Global Awards 2025

- December 17, 2024

In June, BoF will honour six entrepreneurs shaping the future of the beauty industry at the third edition of The Business of Beauty Global Forum 2025. Apply for your chance to join us. from The Business of Fashion https://ift.tt/46XjGbV

US Retail Sales Beat Expectations in November

- December 17, 2024

Retail sales jumped 0.7 percent last month after an upwardly revised 0.5 percent gain in October, the Commerce Department’s Census Bureau said on Tuesday. from The Business of Fashion https://ift.tt/8ISaJGe

Puig to Assume Full Ownership of Charlotte Tilbury in 2031

- December 17, 2024

The Spanish company extended its partnership with the eponymous founder of Charlotte Tilbury, who will retain a minority stake in the brand until 2031. from The Business of Fashion https://ift.tt/3Am8GyK

Copenhagen International Fashion Fair Launches CIFF Media to Support Independent Brands

- December 16, 2024

Brands today must leverage organic, authentic storytelling techniques to connect with the end consumer, which require expensive and time-intensive communications strategies. To support its showcasing talent, organisers of the bi-annual trade show CIFF are introducing a holistic media platform and strategy to broaden their reach. BoF learns more. from The Business of Fashion https://ift.tt/OXxi9GH

TikTok Asks US Supreme Court to Block Government Ban

- December 16, 2024

The emergency request comes after a federal appeals court upheld a new law banning TikTok in the US if the parent company doesn’t sell the app by Jan. 19. from The Business of Fashion https://ift.tt/YZAgymU

Instagram-Like Xiaohongshu Makes Inroads with E-Commerce Sales

- December 16, 2024

The platform has long been one of China’s most important marketing tools, but until now has struggled to become a sales engine for brands. from The Business of Fashion https://ift.tt/EWxVPaJ

‘Filler Fatigue’ Is Setting In

- December 15, 2024

Growing concern around their long-term effects and fears of poor placement or technique are turning some consumers off from injectable fillers. There’s a new category of treatments that might fit the bill instead: biostimulators. from The Business of Fashion https://ift.tt/jnkVF54

Isak Andic, Founder of Spain’s Mango, Dies in Accident at 71

- December 15, 2024

Along with his brother Nahman, Istanbul-born entrepreneur Isak Andic founded fast fashion brand Mango in 1972 and turned it into a global force. from The Business of Fashion https://ift.tt/tXMWSrQ

This Week: Nike’s Elliott Hill Takes the Stage

- December 15, 2024

The company’s third-quarter earnings call will provide one of the first opportunities for CEO Elliott Hill to lay out his turnaround plan. from The Business of Fashion https://ift.tt/AtSb6h5

The BoF Podcast | How Independent Brands Can Thrive in a Fashion World Ruled by Giants

- December 13, 2024

At BoF VOICES 2024, 1 Granary founder Olya Kuryshchuk hosted a panel on independent fashion with designer Roksanda Ilincic, consultant Bohan Qiu, and Antwerp Royal Academy director Brandon Wen. from The Business of Fashion https://ift.tt/VoC1Qst

Levi’s Brings Bob Dylan’s Wardrobe to Life with ‘A Complete Unknown’ Collab

- December 13, 2024

In addition to assisting with costumes for the film, the denim brand will also release a capsule collection inspired by actual Levi’s items worn by the musician in the 1960s. from The Business of Fashion https://ift.tt/8ICkYa2

The Business of Beauty Haul of Fame: You’re Such a Tool

- December 13, 2024

Brushes for makeup, hair, and even serum (really) are poised to go big in 2025. from The Business of Fashion https://ift.tt/ZEOMTd3

Lucien Pagès Joins The Independents

- December 12, 2024

The agency founded by Paris public relations star Lucien Pagès is being acquired by the fashion communications giant that owns Karla Otto, Bureau Betak and more. from The Business of Fashion https://ift.tt/U1A9f4x

Vogue Editor Polly Mellen Dies at 100

- December 12, 2024

The Connecticut-born editor, known for her close work with Diana Vreeland and Richard Avedon, has died. from The Business of Fashion https://ift.tt/NdARc90

LVMH Extends Its Bet on Luxury Hospitality With Fontenille Deal

- December 12, 2024

LVMH Moët Hennessy Louis Vuitton SE has bought a stake of about 20 percent in Les Domaines de Fontenille, according to a person familiar with the transaction who declined to provide the entity’s value. from The Business of Fashion https://ift.tt/5UEIepo

Is the Luxury Watch Market Turning a Corner?

- December 11, 2024

While demand still lags behind supply, some observers believe Swiss timepieces will see renewed interest in the face of tech fatigue and disillusionment with luxury fashion. from The Business of Fashion https://ift.tt/ezhGtU3

How Gap Inc. Champions San Francisco’s Creative Community

- December 11, 2024

With initiatives designed to uplift local artisans and empower employees’ creative pursuits, Gap Inc. is fostering ties to the creative community in the West Coast city and celebrating its artistic legacy while nurturing employee creativity and entrepreneurship at large. from The Business of Fashion https://ift.tt/0s7FHki

Amazon Pulls Merch Capitalising on UnitedHealthcare CEO Killing

- December 10, 2024

Since the killing of Brian Thompson, t-shirts, hoodies and more bearing the words ‘deny, defend, depose’ have appeared on Amazon, eBay, Etsy and other sites. from The Business of Fashion https://ift.tt/yFpkK4I

The Debrief | The Future of DEI and ESG in a Hostile Political Environment

- December 10, 2024

Executive editor Brian Baskin sits down with sustainability correspondent Sarah Kent and senior correspondent Sheena Butler-Young to untangle the future of DEI and ESG in a hostile political environment. from The Business of Fashion https://ift.tt/MYU9ZE6

Sustainability: The Case for Collective Action

A fragmented fashion industry needs to cooperate in order to avoid falling further behind on decarbonisation efforts, according to the BoF-McKinsey State of Fashion 2025. from The Business of Fashion https://ift.tt/BvGE6XU

How Polène Is Growing French DTC Handbags Into an International Success

The Parisian leather goods is part of a new wave of thriving French direct-to-consumer brands. After growing its business to over $150 million, Polène’s CEO is inaugurating stores in London and Paris, with plans to set up shop in Munich, Dubai and Miami. from The Business of Fashion https://ift.tt/J0In5yK

Donald Trump Launches $199 Fragrance

Called Fight Fight Fight, the men's and women's fragrances are the latest Trump merch to be launched through an opaque LLC. from The Business of Fashion https://ift.tt/lXv5tTr

Saks Owner Hudson’s Bay Is Selling Junk Bonds for Neiman Deal

Hudson’s Bay Co., the owner of luxury retailer Saks Fifth Avenue Inc., is tapping the junk-bond market to help finance its acquisition of Neiman Marcus Group. from The Business of Fashion https://ift.tt/6hvAOQC

Case Study | How to Get Fashion Collaborations Right

Collaborations are a powerful tool for grabbing attention, reaching new audiences and letting brands stretch their design aesthetics. But the proliferation of tie-ups has made it hard to stand out. The ones that succeed are built on great products, with a strong point of view and a clear strategy to reach the right consumers. from The Business of Fashion https://ift.tt/CXDl640

Mike Ashley Calls for Accountability at Boohoo in Bid for Board Seat

Billionaire Mike Ashley renewed his pitch for a board seat at Boohoo Group Plc, vowing to turn around the struggling fashion retailer that he said was underperforming with “no clear strategy to halt the decline.” from The Business of Fashion https://ift.tt/x1z53Go

Dior to Open ‘Gold House’ in Bangkok

French mega-label Dior is set to open a temporary ‘Gold House’ concept store in a garden in the upscale Ploenchit district of central Bangkok on Dec. 8. from The Business of Fashion https://ift.tt/so1Hp3X

This Week: Will Zara’s Charmed Run Continue?

Inditex reports third-quarter results that are expected to show steady growth at its biggest brand, which has built strong defenses against rivals at the top and bottom of the market. from The Business of Fashion https://ift.tt/1AisDWo

Puig Shares Drop After Withdrawal of Some Batches of Charlotte Tilbury Spray

- December 06, 2024

Shares in Puig dropped sharply in early Friday trade after the luxury beauty and fashion company said its Charlotte Tilbury brand was voluntarily withdrawing select batches of its make-up setting spray. from The Business of Fashion https://ift.tt/cSoEvdV

Lessons From Karl Lagerfeld For Chanel’s Next Designer

- December 06, 2024

As the industry awaits the official announcement of Chanel’s new creative director, Imran Amed extracts lessons from the strategy successfully employed by the great Karl Lagerfeld, encapsulated in the words of Goethe that the designer loved so much: ‘Create a better future with the expanded elements of the past.’ from The Business of Fashion https://ift.tt/OKo8Hpc

Why Fashion Isn’t Making Climate Progress and What Needs to Change

Big brands are focused on buzzy, marketable ‘solutions’ and face little accountability for failing to deliver on decarbonisation targets, but there are ways to unlock more effective action, writes Kenneth P. Pucker. from The Business of Fashion https://ift.tt/WaP3fVR

Lululemon Raises Annual Forecasts Betting on Robust Holiday Sales

Lululemon Athletica, opens new tab increased its full-year revenue and profit forecasts on Thursday, betting on resilient demand for its athletic wear in the US during the holiday shopping season, sending its shares up about 5 percent in extended trading. from The Business of Fashion https://ift.tt/UvpKM9l

Ulta Beauty Raises Annual Profit Forecast, Shares Rise

Cosmetics retailer Ulta Beauty raised its annual profit forecast on Thursday, signaling a bounce back in demand for perfumes and makeup during the holiday shopping season and sending its shares up more than 11.5 percent in aftermarket trading. from The Business of Fashion https://ift.tt/QRDKJfq

LVMH Fund Invests in Norwegian Luggage Brand Db Bags

LVMH’s luxury fund has taken a minority stake in the Norwegian luggage brand Db Bags from The Business of Fashion https://ift.tt/Goem6vW

Why Fashion Needs the Art World More Than Ever

- December 04, 2024

Art Basel Miami Beach has become a cultural tentpole that attracts America’s wealthiest and an evolving art customer base that may prove key in reversing the luxury downturn. from The Business of Fashion https://ift.tt/JWzaeKC

TikTok Shop Triples Black Friday Sales, Topping $100 Million

- December 04, 2024

TikTok tripled its US shopping sales to more than $100 million on Black Friday, a sign of the app’s growing popularity despite a looming ban. from The Business of Fashion https://ift.tt/8eaomXn

London’s Machine-A Splits from Tomorrow

- December 04, 2024

The cult retailer, known for stocking young fashion brands, was purchased by private investors and has tapped Steven Ma as director of the company. from The Business of Fashion https://ift.tt/7IXNzwY

The Rise of the Indigenous Model

The four years since Quannah ChasingHorse was discovered by a Calvin Klein scouting director have seen a wave of Native talent appear on magazine covers and in high-profile shows. But for an industry that’s coasted on lazy depictions of Indigenous culture, old habits die hard. from The Business of Fashion https://ift.tt/XU3i0Hv

Tally of US Shoppers Slipped During Key Holiday Weekend

Fewer Americans shopped during Thanksgiving weekend this year, a sign that consumers remain selective about spending. from The Business of Fashion https://ift.tt/RhLgxBo

The Debrief | The Future of Resale

Retail editor Cathaleen Chen and e-commerce correspondent Malique Morris join senior correspondent Sheena Butler-Young and executive editor Brian Baskin to unpack how resale has evolved from niche to mainstream, and what may be in store for the future of secondhand shopping. from The Business of Fashion https://ift.tt/SYWt7s4

Premium Cosmetics Brand Violette_Fr Closes Series B Round

The French prestige line, founded by makeup artist Violette Serrat, announced on Tuesday it had raised funds in a round led by US-based consumer investor Silas Capital. from The Business of Fashion https://ift.tt/orKeSan

Creating a Dialogue with Consumers Through Connected Products

- December 02, 2024

Michele Casucci, founder and GM of Certilogo, gathered global executives from the fashion and luxury sectors onsite at BoF VOICES 2024 to discuss how digital product passport technology can support brands in building a dialogue with consumers. from The Business of Fashion https://ift.tt/l8pf0BL

Jonathan Anderson, Simone Rocha and Grace Wales Bonner Take Top Prizes at the BFC’s Fashion Awards 2024

- December 02, 2024

Tom Ford, Remo Ruffini, Tyler Mitchell, Alex Consani and A$AP Rocky were also honoured for their contributions to the industry. from The Business of Fashion https://ift.tt/jSNOEUa

Shiseido Stock Plummets After Growth Plan Underwhelms

- December 02, 2024

The Japanese conglomerate’s share price fell to an eight-year low after a plan to offset its ailing Chinese business failed to impress investors. from The Business of Fashion https://ift.tt/wHOeUXN

Myntra: India’s Online Fashion Gateway

- December 01, 2024

The e-commerce giant is helping mass-market and premium brands reach millions consumers across India. For the BoF-McKinsey State of Fashion 2025 report, CEO Nandita Sinha explained how brands can navigate through the complexities of this dynamic market. from The Business of Fashion https://ift.tt/JAnR6kt

Uniqlo Parent Watching for China Boycott After CEO’s Xinjiang Remarks

- December 01, 2024

Fast Retailing is closely monitoring to see if demand is affected after Tadashi Yanai said the Japanese company is not using cotton from the Chinese region where suppliers are exposed to forced labour risk. from The Business of Fashion https://ift.tt/cwhd28I

This Week: Chanel Under the Microscope

- December 01, 2024

The French couture and beauty giant will stage a major show in Hangzhou on Dec. 3, amid a severe slowdown in luxury demand and signals that a new designer will soon be announced. from The Business of Fashion https://ift.tt/PNKryjL

The BoF Podcast | The Great Luxury E-Commerce Reckoning

- November 29, 2024

Mytheresa CEO Michael Kliger and Moda Operandi co-founder Lauren Santo Domingo joined BoF founder and CEO Imran Amed at BoF VOICES 2024 to share their insights on the future of luxury e-commerce. from The Business of Fashion https://ift.tt/oJIPdcZ

Trump’s Impact on Fashion Takes Shape

- November 29, 2024

This week, US President-elect Donald Trump singled out Canada, Mexico and China for early action on tariffs, Walmart joined businesses in cutting back DEI programmes, and Black Friday offered a glimpse at how the election is shaping consumer sentiment. from The Business of Fashion https://ift.tt/2IsFDPa

London Fashion Week to Ban Exotic Skins

- November 28, 2024

Brands that want to appear on the city’s official fashion week schedule will not be allowed to use crocodile, snake or other wild animal leathers in the collections they show there, extending a ban on fur introduced last year. from The Business of Fashion https://ift.tt/tRBm1HC

Nykaa Acquires Indian Beauty Brand Earth Rhythm

- November 28, 2024

The Indian beauty juggernaut has acquired the local skincare, cosmetics and personal care brand, two years after making a minority investment in it. from The Business of Fashion https://ift.tt/4qVgtWH

Where Fashion Is Finding Growth in Asia as China Stalls

- November 27, 2024

India will be a major focus in the year ahead, particularly for high-street players, while Japan’s luxury boom is expected to continue, according to the BoF-McKinsey State of Fashion 2025. from The Business of Fashion https://ift.tt/om8e7BU

Increasing Brand Presence and Impact on TikTok

- November 27, 2024

Farah Maloof, head of fashion and luxury partnerships at TikTok, and Jordan Mitchell, the co-founder and co-CEO of cultural marketing agency Good Culture Inc., share their insights on how to best engage the zeitgeist, effectively work with content creators and empower teams within businesses to successfully navigate the entertainment platform. from The Business of Fashion https://ift.tt/4W6lAI2

Online Marketing Costs Jump in Bidding War With Temu and Shein

- November 27, 2024

In the United States, for example, Temu has bid on keywords including “Walmart Black Friday deals”, “Kohls Black Friday”, and “Bed Bath Beyond”, according to data on Google search ads compiled by online marketing platform Semrush for Reuters. from The Business of Fashion https://ift.tt/tSV2f9e

Can Mytheresa Keep Its Place at the Top of Luxury E-Commerce in 2025?

- November 26, 2024

Ahead of his company’s deal to acquire Yoox-Net-a-Porter, Mytheresa CEO Michael Kliger opens up about what it takes to be a leader in online luxury and his expectations for the year to come in the BoF-McKinsey State of Fashion 2025. from The Business of Fashion https://ift.tt/WZgqQK9

RFK Jr. Is Poised to Be America’s Wellness Influencer-in-Chief

- November 26, 2024

While doctors are alarmed about RFK Jr.’s views on vaccines, parts of the wellness world are embracing Trump’s pick for Health and Human Services secretary. from The Business of Fashion https://ift.tt/StdhNzg

Lanvin to Show Peter Copping’s Debut Collection During Paris Menswear Week

- November 26, 2024

After a near two-year absence, the Parisian fashion house will return to Paris Fashion Week show during menswear week in January 2025. from The Business of Fashion https://ift.tt/eOp7iRt

What Fashion’s Advocacy Will Look Like in the Trump Era

Many brands have stopped engaging with social and political issues, fearing a conservative backlash. That calculus may change when Trump returns to office. from The Business of Fashion https://ift.tt/T3YMUQX

Fashion Brand Isabel Marant’s Bonds Dive After Sales Slump

The brand’s bonds hit a record low following a sharp decline in sales, with a 31 percent drop in wholesale and online revenue contributing to the company’s overall 17 percent sales slump. from The Business of Fashion https://ift.tt/clJnEwW

How to Sell Jewellery Like Fine Art

At the inaugural Joya fair in Monaco last week, two former art gallerists aimed to defy luxury’s current malaise with avant-garde jewellery propositions sold with a curated, high-culture approach. from The Business of Fashion https://ift.tt/aVXq8iY

Announcing Kosas and Jaded London to BoF Careers

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/8u246Ev

Will HeyDude Trip Up Crocs’ Winning Streak?

- November 24, 2024

With the company’s signature clogs seeing slower growth, turning around the struggling maker of casual, sneaker-like loafers is a priority — and Sydney Sweeney has been enlisted to help. from The Business of Fashion https://ift.tt/nbYa8e4

This Week: On Black Friday, It’s Shein and Temu Versus the World

- November 24, 2024

Spending has been sluggish, but retailers have a chance to make up for lost time in a compressed holiday season - if they can find an answer to their online competition. from The Business of Fashion https://ift.tt/SBW9j6Y

At BoF VOICES 2024, The Future of Commerce-Enabled Culture

To an audience of top business and creative leaders from across the fashion industry and the wider world, Ruth Diaz, Vice President of Amazon Fashion Europe, took to the stage at BoF VOICES 2024 to discuss the intersection of commerce, technology and culture — and how fashion stands to benefit. from The Business of Fashion https://ift.tt/zX9dgUZ

Olive & June To Be Acquired by Helen of Troy

Drybar owner Helen of Troy bets on DIY nail care with its acquisition of Olive & June. from The Business of Fashion https://ift.tt/r6fA0NL

Gap Lifts Outlook Ahead of Key Shopping Season

Gap Inc. raised its full-year outlook for sales, with the apparel retailer saying all of its brands are gaining market share. from The Business of Fashion https://ift.tt/i5EhMlX

Canadian Fashion Company Groupe Dynamite Launches IPO

Shares of the Montreal-based retailer, which owns womenswear brands Dynamite and Garage, fell 2 percent following its debut on the Toronto Stock Exchange. from The Business of Fashion https://ift.tt/BVc85nD

The Ordinary CEO Nicola Kilner to Step Down

Kilner, who co-founded the company in 2013 with Brandon Truaxe, confirmed she would step down from her role at the end of the year. from The Business of Fashion https://ift.tt/wOpQBFm

Reliance Brands Limited CEO to Step Down

- November 20, 2024

Darshan Mehta founded the company, which operates over 400 mono-brand luxury stores across cities in India, in 2007. from The Business of Fashion https://ift.tt/T79dFaA

E.l.f Beauty Shares Drop Following Short Seller Report

- November 20, 2024

Short sellers Muddy Waters’ Carson Block said in a conference in London on Wednesday that he was shorting the stock due to concerns over revenue and inventory. from The Business of Fashion https://ift.tt/W36nt57

The Japanese Manicurist Taking on Plastic Pollution, One Nail at a Time

- November 20, 2024

Tokyo-based nail technician Naomi Arimoto uses umigomi, or “sea trash,” to create intricate nail art designs, hoping to put environmental issues at the forefront of her customers’ minds. from The Business of Fashion https://ift.tt/9jvnaRz

Did These Fashion and Beauty Trends Predict Trump’s Comeback?

- November 19, 2024

The former president’s victory shocked many Democrats. But there were signs bubbling up in the culture well before election night that America was about to take a lurch to the right. from The Business of Fashion https://ift.tt/vB8jEI0

Mytheresa Reports Sales, Profit Growth in Latest Quarter

- November 19, 2024

The German e-tailer’s consistent financial performance puts it in a solid position as it awaits regulatory approval of its merger with Yoox-Net-a-Porter. from The Business of Fashion https://ift.tt/rC5pmIW

Revolution Beauty Sales, Profits Slide in First-Half Results

- November 19, 2024

The embattled British cosmetics company reported a 20 percent slide in revenue, but says turnaround efforts will start to pay off in the second half. from The Business of Fashion https://ift.tt/5FmxsPV

Where Does Michael Kors Go From Here?

- November 18, 2024

Without Tapestry, Capri Holdings has a tough road ahead to return its biggest brand to growth. from The Business of Fashion https://ift.tt/uCPYI7F

The Best Jobs on BoF Careers

- November 18, 2024

Discover the most exciting career opportunities now available on BoF Careers — including jobs from Tapestry, Tiffany & Co. and House of Sunny. from The Business of Fashion https://ift.tt/LoTJZja

How Fashion Is Shaking Up Its Global Sourcing Strategies

- November 17, 2024

Rising costs, evolving trade policies and shifting political winds are pushing brands to diversify their sourcing in Asia and laying the foundations for more manufacturing closer to home, as detailed in the BoF-McKinsey State of Fashion 2025. from The Business of Fashion https://ift.tt/Z9H5Lxc

This Week, Gap Proves Its Staying Power

- November 17, 2024

Gap’s earnings this week will present a clearer picture of how well Richard Dickson’s attempts to bring Gap back in the fashion conversation is sticking with consumers. from The Business of Fashion https://ift.tt/WLUDoYw

Kering’s Balenciaga CEO Charbit Set to Lead Yves Saint Laurent

- November 16, 2024

Cedric Charbit would replace Francesca Bellettini, who took on a bigger role at the struggling French fashion group in 2023, according to people familiar with the situation. from The Business of Fashion https://ift.tt/dkpHT3C

Telfar to Open Its First Flagship Store

- November 15, 2024

The cult apparel and accessories label’s 10,000-square-foot outpost in New York will include a year-round selection of its popular “Bushwick Birkins” and a television studio. from The Business of Fashion https://ift.tt/yWTuZdK

Louis Vuitton Opens Temporary NYC Flagship Store

- November 14, 2024

The luxury brand has opened a five-story retail location complete with a café, chocolate shop and VIP suites as a temporary replacement to its Fifth Avenue flagship, which is currently undergoing renovations. from The Business of Fashion https://ift.tt/pqoCKNO

BoF VOICES 2024: Global Culture and Creativity

- November 14, 2024

Valentino’s Alessandro Michele and Jacopo Venturini, On founder David Allemann and Skims co-founder Jens Grede and more spoke about creativity and culture. from The Business of Fashion https://ift.tt/zbMwYO7

Julie Bornstein Unveils the ‘ChatGPT of Shopping’ at BoF VOICES 2024

Daydream, the fashion e-commerce veteran’s new start-up, will help users find products in a more granular way than typical search, alleviating the harmful effects of choice paralysis for brands and retailers. from The Business of Fashion https://ift.tt/T8PEZI4

BoF VOICES 2024: The Next Phase of Generative AI

In the third session of VOICES, some of fashion’s most promising innovators grappled with the costs and benefits of this century’s most exciting technology. from The Business of Fashion https://ift.tt/7w1UINv

Anna Sui Launches New Fragrances for Brand’s 25th Anniversary

The fashion designer is releasing five new scents with the hope of targeting multi-generational customers. from The Business of Fashion https://ift.tt/0YrXj7b

Buy Now, Pay Later Firm Klarna Files for US IPO

The Swedish firm has confirmed it will stage its IPO in the US, ending months of speculation, and undercutting hopes of a European listing. from The Business of Fashion https://ift.tt/m4AREFK

‘Functional Luxury’: How Rimowa Keeps Growing in a Downturn

- November 12, 2024

After quadrupling sales in five years following LVMH’s acquisition, the German luggage maker is seeing continued momentum during rocky times for high-end shopping, including in China. CEO Hugues Bonnet-Masimbert says the brand is focusing on functionality and innovation, including its first push into the handbag category. from The Business of Fashion https://ift.tt/Oze7JP6

BoF VOICES 2024: Confronting an Age of Uncertainty

- November 12, 2024

Former Vanity Fair editor Tina Brown, indigenous environmental activist Nemonte Nenquimo and McKinsey Global Institute chair Sven Smit unpack the cultural, economic, political and technological forces reforging the global landscape. from The Business of Fashion https://ift.tt/6TWjc2w

Why Weirdness Is Selling in Men’s Denim

- November 11, 2024

Young, fashion-forward men are buying up jeans with bold graphic prints, distinctive embellishments and extremely baggy silhouettes, creating opportunities for niche denim labels and mass retailers alike. from The Business of Fashion https://ift.tt/IBD8ySN

Groupe Dynamite Aims for $1.7 Billion Valuation in Canadian IPO

- November 11, 2024

The company seeks to raise C$300 million in its Canadian IPO, positioning CEO Andrew Lutfy for a potential $1.7 billion valuation and billionaire status. from The Business of Fashion https://ift.tt/dIsQgxo

Moncler Not in Talks to Take Over Burberry, Sources Say

- November 11, 2024

Burberry CEO Joshua Schulman is expected to announce a strategy update after the brand suffered significant sales declines when it reports results on Thursday. from The Business of Fashion https://ift.tt/yI5RhDM

Milanese Momentum: How The Attico Turned Buzz Into Longevity

When Gilda Ambrosio and Giorgia Tordini founded their womenswear brand in 2016, the Italian designers generated both buzz and business instantly, landing 140 stockists and an approximately 80 percent sell-through rate in their first year. Eight years on, having navigated a global pandemic and on-going economic and market uncertainty, BoF sits down with The Attico’s leaders to learn about how they built a brand with creative and commercial longevity. from The Business of Fashion https://ift.tt/rYFefiy

Prada Family Has a Plan in Place to Avoid Succession Drama

With the power couple behind the luxury house in their 70s, they have prepared the groundwork for their legacy. from The Business of Fashion https://ift.tt/Cb7shxL

Marc Jacobs Named US Vogue’s First Guest Editor

The December issue hones in on themes of dance and creative expression and Kaia Gerber on two covers by Steven Meisel and Anna Weyant. from The Business of Fashion https://ift.tt/9gSDolv

This Week: Burberry Goes Back to Basics, Again

When times get tough, the British brand tends to lean more heavily on its heritage. A traditionalist makeover is expected to be announced alongside what are expected to be bleak earnings on Nov. 14. from The Business of Fashion https://ift.tt/WjnNUS3

Vuori Raises Investment at a $5.5 Billion Valuation

- November 08, 2024

Californian activewear brand Vuori announced an $825 million investment led by General Atlantic and Stripes. from The Business of Fashion https://ift.tt/vrlVH6d

The BoF Podcast | Sammy Basso on the Power of Positive Thinking

- November 08, 2024

In a conversation at BoF VOICES 2023, Sammy Basso, the oldest known person with progeria, speaks with friend Annastasia Seebohm Giacomini about the importance of his research and shared his philosophy of how to live a full and fulfilling life. from The Business of Fashion https://ift.tt/rNdepuB

The Foundations of Retail Success

- November 07, 2024

Partnering with Brookfield Properties, The Business of Fashion shares insights on what it takes to find success in today’s evolving retail landscape. In the first of a four part series, we outline best practices for choosing retail locations. from The Business of Fashion https://ift.tt/l5rv3bg

Louis Bacon’s $203 Million Court Win Against Peter Nygard Tossed

- November 07, 2024

A New York appeals court overturned Bacon’s defamation judgment against Nygard, ruling that Nygard wasn’t properly served court papers while incarcerated for sexual assault. from The Business of Fashion https://ift.tt/ibYoGI6

Olaplex Lowers Fiscal-Year Outlook

- November 07, 2024

The brand’s 2024 sales projection has decreased, complicating a larger turnaround plan. from The Business of Fashion https://ift.tt/6VmKGiJ

Trump’s Victory Has the Fashion Industry Asking: What Just Happened?

- November 06, 2024

Fashion insiders are reckoning with the sweeping implications — policy and beyond — of a second administration under Donald Trump. from The Business of Fashion https://ift.tt/Jz6nKoI

Coty Sees Annual Profit at Low End of Forecast as Mass Beauty Demand Slows

- November 06, 2024

Coty is also facing tight inventory management by retailers globally, while in the United States the company is grappling with soft sales at drug stores and pharmacy chains. from The Business of Fashion https://ift.tt/xhAr3W5

Donald Trump Poised to Win US Election After String of Crucial Swing State Wins

- November 06, 2024

The Republican nominee took North Carolina, Georgia and Pennsylvania and is strongly positioned in Arizona and Nevada, other key contests. from The Business of Fashion https://ift.tt/og3a6wP

At H&M, Boosting Creativity Through Increased Autonomy and Collaboration

- November 05, 2024

Swedish retailer H&M is championing collaboration between its creative talent and empowering teams to input ideas and expertise throughout the product development process. BoF sits down with three H&M employees to learn more. from The Business of Fashion https://ift.tt/hTBARKf

Trump Takes Lead but US Presidential Race Still Too Close to Call

- November 05, 2024

The outcome of the vote will have major repercussions for the global fashion industry, as the two candidates have taken vastly different approaches to issues ranging from trade to climate change. from The Business of Fashion https://ift.tt/e40ol93

Vitamin Shoppe Owner Files for Bankruptcy

- November 05, 2024

Franchise Group Inc, which owns brands including the Vitamin Shoppe and Pet Supplies Plus, has filed for bankruptcy protection after a slew of losses and a scandal connected to its backer B. Riley Financial Inc. from The Business of Fashion https://ift.tt/vwUiyJP

Unsustainable Fashion Is Pricing Out the Conscious Consumer

Brands that make products with little concern for environmental and social impact are benefitting from a ‘brown discount,’ undercutting industry efforts to operate more responsibly, writes Kenneth P. Pucker. from The Business of Fashion https://ift.tt/6y9LHOo

Fast-Fashion Retailer Groupe Dynamite Hires Bankers for IPO

The Canadian women’s clothing retailer has engaged banks for a potential initial public offering that could be launched in the coming weeks, aiming to invigorate the sluggish Canadian IPO market. from The Business of Fashion https://ift.tt/o6nBCrv

Blackstone In Talks to Acquire Retail Opportunity Investments Corp, Sources Say

The private equity firm is in advanced talks to acquire ROIC which owns over 90 shopping centres in the US, according to people familiar with the matter. from The Business of Fashion https://ift.tt/ujfP5UT

The Best Jobs on BoF Careers

Discover the most exciting career opportunities now available on BoF Careers — including jobs from Acne Studios, Bloomingdale’s and Ugg. from The Business of Fashion https://ift.tt/jW38TAL

Dior Beauty Ambassador Sam Visser on How Creativity Sets Him Apart

- November 03, 2024

BoF sits down with prominent makeup artist and Dior Beauty Ambassador, Sam Visser, to hear how prioritising creativity has enabled him to become one of the most influential makeup artists of his generation. from The Business of Fashion https://ift.tt/ZTVFQhf

This Week: Fashion’s Stake in the US Election

- November 03, 2024

The industry has mostly tried to stay out of a close, bitter race, while quietly preparing for a potential Trump victory. from The Business of Fashion https://ift.tt/DfvyExz

Is Fashion Missing the Bigger Picture?

- November 01, 2024

Imran Amed shares his perspectives on the precarious state of fashion — and the wider world — in the lead up to BoF VOICES 2024. from The Business of Fashion https://ift.tt/oOarg2L

The BoF Podcast | Khalid Al Tayer on Driving Transformation in the GCC’s Luxury Market

- November 01, 2024

In his first public interview, Khalid Al Tayer, managing director of Al Tayer Insignia and CEO of Ounass, joins BoF founder and CEO Imran Amed to discuss why brands need to go beyond ‘good enough’ to engage discerning customers in the Middle East. from The Business of Fashion https://ift.tt/j9eRrml

Pioneering Indian Designer Rohit Bal Has Died

- November 01, 2024

Marrying traditional patterns and craftsmanship with modern sensibilities, Bal’s designs were popular with Indian society and celebrities. from The Business of Fashion https://ift.tt/geLhjzZ

In Singapore, Optimising Asian Supply Chains for Growth

- October 31, 2024

The economic focus of the industry is evolving as apparel markets shift in the face of new consumer realities worldwide. But how should global businesses reconsider their Asian supply chains as a result of these shifts, and what structure of regional supply will enable brands to capitalise on Southeast Asia’s growth? from The Business of Fashion https://ift.tt/FXviZzy

Skincare Label Dieux Appoints New CEO

- October 31, 2024

Ryan Scott will replace co-founder Charlotte Palermino, who will become chief brand officer. from The Business of Fashion https://ift.tt/KYgiBvV

How Consumers Are Driving a New Era of Self-Care

- October 30, 2024

The global wellness industry is set to grow at a compound annual rate of between 5 and 10 percent from 2023 to 2027. BoF and Rennaï gathered leading experts from the beauty and self-care sectors together in Montréal to chart how consumers are pushing the category forwards and the innovations that provide a critical edge in a saturated market. from The Business of Fashion https://ift.tt/zebVQ82

Exclusive: Next Launches Luxury E-Commerce Site ‘Seasons’

- October 30, 2024

The UK retail giant is tapping into the luxury e-commerce market with a dedicated site for higher-end brands. from The Business of Fashion https://ift.tt/ovd6TID

Temu to Face EU Probe Over Handling of Illegal Product Sales

- October 30, 2024

The probe could lead to large fines for the e-commerce platform. from The Business of Fashion https://ift.tt/Nf4vI7l

Korean-American Brands Lean Back Into K-Beauty

- October 29, 2024

TikTok’s K-beauty obsession has inspired brands like Glow Recipe, Then I Met You and Peach & Lily to embrace their Korean beauty origins as international retailers renew their interest in the category. from The Business of Fashion https://ift.tt/S7Jfjqc

Employers Look to Telehealth Firms to Decrease the Costs of Weight-Loss Shots

- October 29, 2024

As uptake of GLP-1 increases among the general public, American employers are looking to find cheaper ways of offering weight-loss medications. from The Business of Fashion https://ift.tt/RsZ7PJz

Puig Posts 11% Rise in Third-Quarter Sales, Beats Expectations

- October 29, 2024

Spanish fashion and perfumes company Puig reported an 11 percent rise in third-quarter sales on Tuesday, beating analysts’ expectations after sector rivals posted disappointing results due to lower demand in China. from The Business of Fashion https://ift.tt/VmackNj

How Grand Seiko Is Seizing Japan’s Luxury Shopping Moment

Tourist shoppers have flocked to Japan to take advantage of top-quality shopping and a weak yen. Seiko Group CEO Akio Naito breaks down how the watchmaker’s high-end brand—sometimes referred to as the “Japanese Rolex”—plans to keep up momentum after beating the market this year. from The Business of Fashion https://ift.tt/Z6QLRSg

Diotima’s Rachel Scott, Willy Chavarria Take Home CFDA Fashion Awards

Raul Lopez and Henry Zankov were also among the winners at the Council of Fashion Designers of America’s annual ceremony. from The Business of Fashion https://ift.tt/2VMhBY6

Vans Parent VF Corp Swings to Profit, Beats Sales Estimates

VF Corp opens new tab turned a profit after two consecutive quarterly losses and beat second-quarter sales estimates on Monday. from The Business of Fashion https://ift.tt/NDba4zB

Report: Stéphane de La Faverie Named Estée Lauder CEO

According to the Wall Street Journal, de la Faverie, a longtime Lauder executive with close ties to its founding family, has been selected to succeed Fabrizio Freda. from The Business of Fashion https://ift.tt/med1xof

Jane Lauder to Step Down at Estée Lauder Companies

Lauder, who currently serves as chief digital officer and executive vice president of enterprise marketing, will leave the company at the end of this year. from The Business of Fashion https://ift.tt/gvSfI3E

The Best Jobs on BoF Careers

Discover the most exciting career opportunities now available on BoF Careers — including jobs from Tapestry, Aesop and Iris Van Herpen. from The Business of Fashion https://ift.tt/PoEbcwd

Leveraging ‘Deal Days’ for Long-Term Marketplace Success

- October 27, 2024

In 2024, US shoppers spent more than $14 billion online during Amazon’s 48-hour Prime Day sale. Here, Front Row’s Alexandra Carmody shares how Deal Day strategies can drive lasting success beyond immediate sales spikes. from The Business of Fashion https://ift.tt/4Ek2hoV

This Week: Adidas, Prada Offer a Respite From a Grim Earnings Season

- October 27, 2024

A slew of brands should report strong results even amid an unpredictable economy and slumping luxury sales. from The Business of Fashion https://ift.tt/u1nqEHi

Unpacking the GCC’s Fashion and Beauty Growth Opportunities at Oud Fashion Talks

For its third edition, Oud Fashion Talks welcomed international and regional fashion professionals to Kuwait. Panel talks featured local emerging designers, beauty entrepreneurs, industry-leading content creators and the first public interview from CEO of luxury e-commerce platform Ounass, Khalid Al Tayer, in conversation with BoF’s Imran Amed. from The Business of Fashion https://ift.tt/cDrmtGR

Cetaphil Owner Galderma Sales Lift 9.2% on Strong Skincare and Injectable Demand

In the first nine months of the year, the Swiss beauty firm saw its sales rise to $3.26 billion thanks to robust performance in Europe and gains in China and Latin America. from The Business of Fashion https://ift.tt/6xu9LfK

US Court Blocks Tapestry’s $8.5 Billion Acquisition of Rival Capri

The FTC argued at an eight-day trial in New York that the merger would eliminate fierce head-to-head competition between the top two US handbag maker. from The Business of Fashion https://ift.tt/1PdI9Lw

Beiersdorf Sales Rise 6.5%; China Still Drags

The German beauty conglomerate saw its sales lift ahead of analyst expectations, led by a north American rebound and skincare, but continued pressure in China weighed on overall growth. from The Business of Fashion https://ift.tt/sM2u6pS

Hermès Continues to Outshine Rivals with Sales up 11.3%

The Birkin bag maker reported a hefty rise in third-quarter sales on Thursday, continuing to outperform rivals hit hard by a sharp slowdown in luxury demand. from The Business of Fashion https://ift.tt/3Oj6obi

Why L’Oréal’s Meteoric Skincare Growth is Coming Back to Earth

- October 23, 2024

L’Oréal’s dermatological beauty division is usually a blockbuster, but the impact of increased competition and the decline of drugstore distributors on its recent earnings show the company can’t rest on its laurels. from The Business of Fashion https://ift.tt/l0bKrku

Unlocking Commercial Opportunities with Digital Product Passports

Digital product passport technology could tackle counterfeiting, help brands meet regulatory requirements and unlock new sources of revenue and engagement. Michele Casucci, founder and GM of Certilogo and Robin Mellery-Pratt, BoF’s head of content strategy, gathered executives in Paris to discuss its potential. from The Business of Fashion https://ift.tt/SDufPmp

Amazon Sets Ultra-Low Pricing Plans for Temu Rival Store, The Information Reports

Amazon is reportedly implementing strict price caps for a new low-cost storefront, limiting items like jewellery to $8 and guitars to $13, in an effort to compete with discount rivals such as Temu and Shein. from The Business of Fashion https://ift.tt/u20xyYg

Interparfums Sales Rise 15%, Buoyed by Fragrance Demand

The European fragrance licensee beat analyst expectations in its third-quarter earnings, with sales lifting to $425 million. from The Business of Fashion https://ift.tt/65PQ4F9

Chanel to Sponsor Oxford-Cambridge Boat Race

Chanel is set to sponsor the annual rowing competition between Oxford and Cambridge universities. from The Business of Fashion https://ift.tt/SE8jeP6

Venrex and the British Beauty Council Launch Beauty Venture Fund

The fund, Venrex BBCo I, will invest around $130,000 to $1.3 million in a variety of consumer and B2B beauty businesses. from The Business of Fashion https://ift.tt/UxzJcgr

Sally Singer’s Third Act

- October 21, 2024

The former Vogue editor and Amazon Fashion head, who has spent the past year at the helm of the WME-owned Art+Commerce, speaks to BoF about what drew her to the agency, the parallels between her previous roles and the state of the industry. from The Business of Fashion https://ift.tt/gdHFnux

The Best Jobs on BoF Careers

- October 21, 2024

Discover the most exciting career opportunities now available on BoF Careers — including jobs from Burberry, Citizens of Humanity and Polène. from The Business of Fashion https://ift.tt/8DYZCcp

Armani Beauty’s Hiromi Ueda on Utilising Creative Expression for Commercial Success

- October 20, 2024

BoF sits down with Armani Beauty’s global makeup artist to hear how she utilises creativity, pushing the boundaries of the beauty industry. from The Business of Fashion https://ift.tt/z4a1wVF

This Week: How Deep Will Luxury’s Downturn Go?

- October 20, 2024

Following LVMH’s sales miss, Kering, Hermès and Zegna will offer further insights on how plummeting demand from China is playing out across the sector. from The Business of Fashion https://ift.tt/yH6PRI2

For LVMH, It’s a Battle for Market Share Now. Let the Games Begin

- October 18, 2024

A shrinking market will require a renewed focus on creativity, greater innovation and a mindset shift among luxury leaders, writes Imran Amed. from The Business of Fashion https://ift.tt/jG2lD7Q

Opening Day at Jacquemus’ First US Boutique

- October 18, 2024

The Paris-based independent brand, known for its eye-popping marketing stunts, playful bags and dramatic runway shows, was met with a massive crowd for the ribbon cutting of its first stateside store in New York’s SoHo. from The Business of Fashion https://ift.tt/XwxK4iD

At the 2024 Zalando Partner Marketing Awards: Brands Unite With Zalando Best Practices to Optimise Their Retail Media Marketing Strategies

- October 17, 2024

Retail media remains a reliable way to connect with consumers online. BoF explores how Zalando’s retail media unit is platforming its partners to achieve strategic brand goals at their annual marketing awards. from The Business of Fashion https://ift.tt/34YDRjU

Cucinelli Bucks Gloomy Industry Trend With Revenue Rise

- October 17, 2024

As global demand for luxury goods slows, the Italian group keeps growing, helped by its focus on higher-end consumers and by a more limited exposure to China compared to its rivals. from The Business of Fashion https://ift.tt/jK5kqL1

Gucci’s Marketing and Communications Shakeup Continues

- October 17, 2024

Chief brand officer Alessio Vannetti is the latest to leave the Italian mega-label. With sales under pressure, the brand is restructuring its operations under a new CEO. from The Business of Fashion https://ift.tt/5aWoG2Y

Former Off-White Head Andrea Grilli Appointed CEO at Pharrell’s Humanrace

- October 16, 2024

Grilli will join the company effective immediately, replacing founding chief executive officer Rachel Muscat. from The Business of Fashion https://ift.tt/TRs2Lol

i-D Magazine Names Global Creative Director and Editorial Director

- October 16, 2024

Former Dazed and Confused art director Jamie Reid and Ssense head of digital content Steff Yotka will join the cult magazine, in the midst of a revamp under new owner Karlie Kloss. from The Business of Fashion https://ift.tt/hdurNv8

Reformation Launches Jewellery Line Designed by Clare Waight Keller

- October 16, 2024

The fashion brand has launched its inaugural jewellery collection, crafted from recycled materials and inspired by 1920s Paris. from The Business of Fashion https://ift.tt/NbnthwI

Unlocking Innovative Pathways for the Beauty Professionals of Tomorrow

- October 15, 2024

The award-winning educational programme Lead, created by Rolfs Global Institute and powered by L’Oréal USA, is designed to provide accelerated and affordable pathways to higher education for beauty professionals. Now, BoF speaks to founder and CEO Francis Tesmer and three of its graduates to learn how Lead is shaping the future for beauty professionals. from The Business of Fashion https://ift.tt/5WdcQsL

Shein Adds More Banks to Arrange London Listing

- October 15, 2024

Shein has added more banks to help arrange its potential initial public offering that could value the online fashion retailer at £50 billion ($65 billion), potentially one of the biggest listings in London in recent years, people familiar with the matter said. from The Business of Fashion https://ift.tt/Bn7ZJQp

‘Clean-Girl’ Beauty’s Next Stop: Ultra-Glam Dubai

- October 14, 2024

Saie, Kosas, Ilia and Glossier are among the beauty brands launching at Sephora Middle East this fall as the GCC countries become a priority for global expansion. from The Business of Fashion https://ift.tt/IKFQYci

Keir Starmer Says Listings Like Shein’s to Face Labor Rights Scrutiny

- October 14, 2024

All companies looking to sell shares in London will face scrutiny over workers’ rights, UK Prime Minister Keir Starmer told Bloomberg Television, in response to questions about whether his new Labour government would welcome a listing by online fashion giant Shein. from The Business of Fashion https://ift.tt/CbdAWZg

LVMH Investors Jittery Over Anaemic China Demand for European Designer Goods

- October 14, 2024

Investors in French luxury group LVMH, opens new tab are eager for signs that China’s new fiscal stimulus measures can finally pull wealthy and middle-class Chinese shoppers out of their funk, inspiring them to splash out on $4,300 designer leather handbags ahead of Singles Day, China’s largest annual shopping spree. from The Business of Fashion https://ift.tt/tvVkEb3

Joe Freshgoods Inc.’s Joe Robinson on Finding Creative Success

BoF sits down with Joe Robinson, creative director and artist behind Joe Freshgoods Inc., to discover how he has built a reputation as one of the sneaker and streetwear industry’s most impactful storytellers. from The Business of Fashion https://ift.tt/5C1Izim

Mulberry’s Owner Rejects Increased £111 Million Bid From Mike Ashley’s Frasers Group

It’s the second time in the past month that Challice, Mulberry’s parent company, has rejected an offer for the leather goods maker. from The Business of Fashion https://ift.tt/SwAuaCh

Twisted Creativity Takes Home Top Honours at Hyères

Dolev Elron, a menswear designer for Acne Studios, wowed the fashion jury with his distorted jeans and tank tops. Accessories winners Chiyang Duan and Clara Besnard also twisted bags, belts, and eyewear. from The Business of Fashion https://ift.tt/gAJ47RL

This Week: Has Luxury Hit Bottom?

LVMH kicks off earnings season for the sector on Oct. 14, and will likely offer some guidance on whether the category’s problems represent a cyclical bump in the road, or a structural shift. from The Business of Fashion https://ift.tt/sjkx8CP

What I Learned at Fashion Month

- October 11, 2024

Imran Amed shares his key findings from recent fashion weeks in London, Milan and Paris as the industry grapples with a slowdown that has raised questions about the long-term business model of the luxury sector. from The Business of Fashion https://ift.tt/UxX0IwO

The Best Jobs on BoF Careers

- October 11, 2024

Discover the most exciting career opportunities now available on BoF Careers — including jobs from Walt Disney, Carhartt WIP and Aeyde. from The Business of Fashion https://ift.tt/AkYsmVP

Why Fashion Is Maxing Out on Minimalism

- October 10, 2024

The Row’s success – including a recent investment from the families behind Chanel and L’Oréal at a unicorn valuation – is the most prestigious example of a rising generation of women-led independent brands that sell minimalist, approachably chic clothes. Some of them have billion-dollar aspirations of their own. from The Business of Fashion https://ift.tt/FT9XsCr

Nike Replaces North America Boss Ahead of New CEO’s Arrival

- October 10, 2024

Tom Peddie will become the vice president and general manager for North America. from The Business of Fashion https://ift.tt/Io2g70l

Proenza Schouler Names New CEO

- October 10, 2024

Former Shopbop brand president Shira Suveyke Snyder is stepping into the top executive role at the company. from The Business of Fashion https://ift.tt/LJODf6A

Wellness Wants In on the Ozempiconomy

- October 09, 2024

From supplements to workout plans, the term GLP-1, the hormone associated with Ozempic, is popping up on a widespread range of new products as wellness brands join in on the weight loss drug boom. from The Business of Fashion https://ift.tt/drFfZ7j

Arnault Poised to Buy Paris FC Football Club With Red Bull

- October 09, 2024

The Arnault family is set to acquire a majority stake in second-tier football club Paris FC, investing alongside Red Bull in a move to diversify into sports. from The Business of Fashion https://ift.tt/jnqv87Y

The Glory Days of the Pop-Up Store Are Over. What’s Next?

- October 08, 2024

Rising rents and low vacancy rates have made it prohibitively expensive for many emerging brands to open retail locations — even temporary ones. Scrappy companies have found creative, low-cost ways to reach their consumers, from hotel partnerships and trunk shows to activations on college campuses. from The Business of Fashion https://ift.tt/GEJLofb

Estée Lauder Companies Names New West Coast Leadership

- October 08, 2024

Executive changes continue for Estée Lauder Companies ahead of CEO Fabrizio Freda’s retirement. from The Business of Fashion https://ift.tt/9ULnHaZ

Sears Is Looking for Rent Relief on Last-Standing Stores

- October 08, 2024

Once a retail giant, Sears now struggles to maintain its dwindling stores, seeking rent concessions while facing the reality of a retail landscape increasingly dominated by online shopping. from The Business of Fashion https://ift.tt/rAV7Ipv

Evolving Measurement Techniques to Optimise Brand Marketing Success

Aspirational customer cohorts have more choice and less cause for loyalty than ever before. BoF and Ekimetrics brought together executives to discuss best practices in building brand impact to nurture lifetime value and convert customer engagement into sales long-term. from The Business of Fashion https://ift.tt/UQajc5q

Amazon Antitrust Case Filed by FTC to Move Forward After Ruling

The FTC’s case against Amazon for allegedly stifling online retail competition will proceed, despite the dismissal of claims from several states involved in the lawsuit. from The Business of Fashion https://ift.tt/VvGrczf

The Best Jobs on BoF Careers

Discover the most exciting career opportunities now available on BoF Careers — including jobs from H&M, Jaded London and Reference Studios. from The Business of Fashion https://ift.tt/mpHdrcK

Mytheresa Acquires Yoox Net-a-Porter From Richemont in Equity Deal

Under the terms of the transaction, Richemont will take a 33 percent stake in Mytheresa. The deal brings the luxury conglomerate’s years-long slog to offload the troubled YNAP to a close. from The Business of Fashion https://ift.tt/ZXAxqjg

Samuel Ross’ Next Move: A Line ‘Engineered by Zara’

- October 06, 2024

After exiting his A-Cold-Wall brand last year, the Virgil Abloh protégé is the latest designer to ink a deal with the Spanish fast fashion giant, widening access to his new SR_A menswear vision. from The Business of Fashion https://ift.tt/2VuJm5A

This Week: The Holiday Shopping Season Begins

- October 06, 2024

Consumers are getting choosier about where they spend. Retailers will need to work extra hard to ensure it’s in their stores, and not competitors’. from The Business of Fashion https://ift.tt/FvkgA0s

The BoF Podcast | Tim Blanks and Imran Amed Reflect on the Spring/Summer 2025 Shows

- October 04, 2024

BoF’s editor-in-chief and editor-at-large reflected on fashion month’s standout moments, and examined how designers are responding to a world in flux. from The Business of Fashion https://ift.tt/0eASGni

The Top 10 Shows of the Season

- October 03, 2024

BoF editors select the best shows of the Spring-Summer 2025 season. from The Business of Fashion https://ift.tt/lmNwxGq

US Port Strike Comes to Temporary End

- October 03, 2024

Dockworkers responsible for unloading shipments on the East and Gulf Coast ports decided to resume wage negotiations suspend their strike until Jan. 19, one day after it commenced. from The Business of Fashion https://ift.tt/5m6cVqu

Stüssy To Open a New Flagship in New York

- October 03, 2024

The streetwear trailblazer will make its return to physical retail in the city with an expansive, 5,600 square-foot store. from The Business of Fashion https://ift.tt/W0jeByo

Beauty Brands Draw the Line Between Dupes and Fakes on Amazon

- October 02, 2024

With the help of brand protection agencies and lawyers, beauty labels are taking a stand against the sketchy sellers flooding their Amazon search results. from The Business of Fashion https://ift.tt/93TIgZd

Nike’s Plunging Sales Reveal the Difficult Task Ahead for Incoming CEO

- October 01, 2024

Sales missed expectations and the company withdrew its guidance, laying bare the challenges facing Elliott Hill as he prepares to lead the brand. from The Business of Fashion https://ift.tt/jbg2Yav

Condé Nast Names New UK Chief Business Officer

- October 01, 2024

As chief business officer, Luke Robins will be tasked with generating revenue growth for the publisher’s UK business amid a tough landscape for traditional media. from The Business of Fashion https://ift.tt/2zwWhEM

Garment Workers’ Protests Leave One Dead in Bangladesh

- September 30, 2024

A clash between protesting garment workers and police in Bangladesh resulted in one death and over 20 injuries on Monday, as workers demanding higher wages and better conditions blocked a major highway. from The Business of Fashion https://ift.tt/cMqm8jL

Birkenstock Launches Foot Care Range

- September 30, 2024

The German footwear maker is commemorating its 250th anniversary with a range of foot care products, including bath salts and a nourishing balm. from The Business of Fashion https://ift.tt/v479zF2

How Brands Use the Front Row to Mint the Next ‘It’ Item

More brands are dressing their VIP runway attendees in coordinating looks to propel focus on one particular item, in hopes of driving buzz — and sales. from The Business of Fashion https://ift.tt/pRbHwto

Francesca Bellettini’s Plan For Kering

Topping off a transformative tenure at Saint Laurent, the Italian executive and BoF 500 member is co-piloting fashion’s highest-stakes turnaround effort as owner Kering’s deputy CEO for brand development. Can Bellettini engineer a rebirth for the luxury giant and its flagship Gucci? from The Business of Fashion https://ift.tt/cfBztwE

Inside The BoF 500 Gala 2024: All the Red Carpet Looks

Greta Lee, Ayo Edebiri, Damiano David and Victoria Beckham were among those who celebrated new entrants and longstanding members of The BoF 500 community during Paris Fashion Week. from The Business of Fashion https://ift.tt/HJ4TPLR

This Week: Nike’s Next Chapter Begins

Quarterly earnings on Tuesday are likely to paint a bleak picture, but also provide the new regime an opportunity to lay groundwork for a recovery. from The Business of Fashion https://ift.tt/nvJReoH

The BoF 500 After Party: Fashion’s ‘Family Reunion’

After his intimate performance at the Gala, Nigerian Afrobeats superstar Wizkid opened up the dancefloor to a soundtrack by DJ Aymen. from The Business of Fashion https://ift.tt/bP2mdnJ

BoF 500: The Fashion Industry Olympics Come to Paris

- September 28, 2024

Rising talents and industry legends united to celebrate 2024’s new members of the definitive list of people shaping global fashion and culture. from The Business of Fashion https://ift.tt/WXbF1S3

Lotta Volkova-Styled All-In Makes Splash

- September 28, 2024

Benjamin Barron and Bror August Vestbø's upcycling label is helping to fuel a new wave of eco-minded fashion, alongside the likes of Hodakova and Duran Lantink. from The Business of Fashion https://ift.tt/MwYaV45

Analytical, Not Literal: Inside Nadège Vanhee’s Hermès Vision

- September 27, 2024

By translating the French luxury house’s codes “analytically rather than literally,” the designer has managed to update its vision of feminine elegance with a sportier, more body-conscious silhouette. from The Business of Fashion https://ift.tt/ex7YORX

In Paris, the Boys Can’t Help It!

- September 27, 2024

Fearless idiosyncrasy is an irresistible asset for Jonathan Anderson at Loewe and Daniel Roseberry at Schiaparelli, writes Tim Blanks. from The Business of Fashion https://ift.tt/M6ula2J

Beauty Is Still Defiance

Rick Owens has always said so, but Chloe’s Chemena Kamali is also turning prettiness into a surprisingly potent force, writes Tim Blanks. from The Business of Fashion https://ift.tt/sVJtaAo

Moncler CEO Strengthens Grip on Company With LVMH Deal

Moncler’s Chairman and CEO Remo Ruffini is tightening his control of the outerwear specialist after striking a deal with LVMH, which will take a stake in the Ruffini investment company that is Moncler’s biggest shareholder. from The Business of Fashion https://ift.tt/B3whyfm

Swatch CEO Says ‘Nothing New’ in Buyout Talk Lifting Stock

Nick Hayek dismissed rumours about the company considering going private as “pure speculation,” despite acknowledging the appeal of such a move amid declining share prices. from The Business of Fashion https://ift.tt/a5k90lJ

First Came the $100 Wide-Leg Jeans. Then the $700 Shopping Spree

The rise of wide-leg jeans is sparking a transformative shift in fashion, prompting brands like Gap, Madewell, and Lululemon to expand their offerings as consumers purchase complementary items, driving increased sales and reshaping wardrobe choices among teens and young women. from The Business of Fashion https://ift.tt/fTca8we

Bath & Body Works President to Step Down, Role Eliminated

The US body care brand’s retail president Julie Rosen will leave the company on October 22. from The Business of Fashion https://ift.tt/JxnKjpf

Alessandro Michele’s Valentino Vision

- September 25, 2024

After a historic turn at Gucci, Alessandro Michele’s next move was the subject of intense industry speculation. Now, the superstar creative director and BoF 500 member has returned to fashion with a new vision for the storied Roman couture house Valentino. from The Business of Fashion https://ift.tt/uXDfkAQ

Paris Day Two: Best Friends Nicolas Di Felice and Julien Dossena Show on the Same Day

- September 25, 2024

It always pays to be smart, but in fashion, it helps if you’re sexy too, writes Tim Blanks. from The Business of Fashion https://ift.tt/s4gmHbx

W Hotels’ Lessons in Luxury’s Evolution to Meet Global Consumer Expectations

- September 24, 2024

The newly transformed W Hotels’ flagship properties have reimagined their cultural programming and offerings across hospitality, music and fashion to cater to the demands of its discerning clientele. Now, BoF sits down with the senior vice president and global brand leader of W Hotels to learn more about the luxury lifestyle brand’s multi-year brand evolution to appeal to a cross-generational consumer base. from The Business of Fashion https://ift.tt/DTyUZ0a

Amazons on the Catwalk

- September 24, 2024

Dior and Saint Laurent’s strong, sensual visions suggest Paris is still throbbing with the Olympic spirit, writes Tim Blanks. from The Business of Fashion https://ift.tt/8rP16XA

California Set to Mandate Clothing Recycling as Wardrobe Waste Grows

- September 24, 2024

A new California bill proposes that brands take charge of recycling efforts, allowing consumers to drop off unwanted clothing at designated sites. from The Business of Fashion https://ift.tt/R0UGtjY

Luxury’s Soft Patch Will Be Short

It’s tempting to think something is broken with the luxury sector, but the market slowdown is largely a macroeconomic issue and sales will grow by mid-single digits in 2025 in a base-case scenario, argues Luca Solca. from The Business of Fashion https://ift.tt/d6bwf8q

Harrods Investigating if Any Current Staff Were Involved in Fayed’s Alleged Abuse

The company is investigating potential involvement of its current staff in the alleged sexual abuse by former owner Mohamed Al Fayed, following accusations from over 100 women, as the luxury retailer launches a review and collaborates with Scotland Yard to address the claims. from The Business of Fashion https://ift.tt/gYozuF7

Is This the End of Fashion History? Not So Fast

The Milan collections took endless trips down memory lane, but the likes of Francesco Risso’s Marni and Simone Bellotti’s Bally delivered originality, reported Angelo Flaccavento. from The Business of Fashion https://ift.tt/jFNL7ZW

Ludovic de Saint Sernin to Guest Design Jean Paul Gaultier Couture

The designer will show during Paris’ haute couture week in January. from The Business of Fashion https://ift.tt/gw1leJY

How Adidas Engineered Its Big Comeback

- September 22, 2024

Two years ago, Adidas was in crisis after terminating its Yeezy business. But since then, the brand has engineered a remarkable turnaround, led by CEO Bjørn Gulden and the success of its Samba sneakers. Gulden and other Adidas executives opened up about the changes that got the company back on track, and what’s next for the sneaker giant. from The Business of Fashion https://ift.tt/U2TcfwP

WOW = A World of Wonder

- September 22, 2024

Saturday in Milan paraded fashion marvels from Bottega Veneta, Bally and Diesel, writes Tim Blanks. from The Business of Fashion https://ift.tt/7IAT0Vh

This Week: One Big Debut at Paris Fashion Week

- September 22, 2024

Alessandro Michele’s first collection for Valentino will dominate the conversation this season. from The Business of Fashion https://ift.tt/OJajMri

What Does Pressure Look Like in Milan?

- September 20, 2024

Gucci’s Sabato De Sarno and Moschino’s Adrian Appiolaza are both weighed by legacy. But life is much easier for one of them, writes Tim Blanks. from The Business of Fashion https://ift.tt/4ye3N89

Margherita Missoni’s Maccapani Brand Attracts Investment From Bizzarri Family, Collaborates With eBay

- September 19, 2024

The family of former Gucci CEO Marco Bizzarri has taken a minority stake in the Italian knitwear scion’s new womenswear venture. from The Business of Fashion https://ift.tt/oCckyeO

Confronting the Future and the Past in Milan

- September 19, 2024

Miuccia and Raf deal with algorithms at Prada while Fausto salutes the dead at Cavalli, writes Tim Blanks. from The Business of Fashion https://ift.tt/JypjC8U

Nike CEO John Donahoe to Step Down

- September 19, 2024

The embattled chief executive will make way for Elliott Hill, a Nike veteran who had retired from the brand in 2020. from The Business of Fashion https://ift.tt/eJiOtrV

‘The Ordinary Becomes Extraordinary’: Adrian Appiolaza’s Moschino Vision Takes Shape

- September 18, 2024

Under new creative direction, the Italian fashion house is rebalancing its surrealist, campy image with a more grounded silhouette. 'It was important to find the line between reality and theatricality,’ Appiolaza told BoF. from The Business of Fashion https://ift.tt/pJWsOat

Milan Goes to the Movies

- September 18, 2024

The cinematic streak was strong in collections from Fendi, Marni and Jil Sander, writes Tim Blanks. from The Business of Fashion https://ift.tt/IX7Okep

Fed Cuts Rates by Half Point in Decisive Bid to Defend Economy

- September 18, 2024

The Federal Reserve is aiming to bolster the labour market while signalling a cautious approach to future adjustments amid mixed economic indicators. from The Business of Fashion https://ift.tt/JRHpjZW

Fashion Executives on Finding Brand Success on TikTok

- September 17, 2024

This September, BoF and TikTok co-hosted an intimate roundtable with executives from the likes of TikTok, LVMH, Calvin Klein, Fendi, Tiffany & Co., Van Cleef & Arpels and E.l.f. Beauty, to discuss how brands can effectively build digital intimacy with their communities and drive commercial results. from The Business of Fashion https://ift.tt/tjb0V95

Ozempic ‘Very Likely’ to Face Drug Price Negotiations, Novo Says

- September 17, 2024

The US Centers for Medicare and Medicaid Services will announce the next set of 15 retail prescription drugs selected for negotiation by February 1, 2025. from The Business of Fashion https://ift.tt/jpPavx9

EssilorLuxottica Extends Smart Glasses Partnership With Meta

- September 17, 2024

Although the launch of the first smart glasses struggled to gain traction among consumers, the latest version, introduced in late 2023, has sold more units in a few months than the previous ones did in two years. from The Business of Fashion https://ift.tt/D6sV2WI

Inside Luxury’s Italian Sweatshops Problem

An Italian probe linking luxury labels including Dior and Armani to labour exploitation — with the supply chains of up to a dozen more brands under the microscope — has exposed a seedy practice deeply embedded in the luxury system, creating an unpredictable PR crisis at a precarious time for the sector, a BoF investigation has found. from The Business of Fashion https://ift.tt/Q7GsZMY

London Designers Keep Calm and Carry On Being Creative

At London Fashion Week, designers largely stomached the market slowdown and got on with it, writes Susanna Lau. from The Business of Fashion https://ift.tt/a1vNiR2

London: What’s Next?

JW Anderson and Burberry come up with very different answers to that question, writes Tim Blanks. from The Business of Fashion https://ift.tt/WEHgFsJ

Michael Kors Highlights Handbag Market Diversity in FTC Hearing

Michael Kors testified about the nature of the competitive landscape of the handbag market, as the FTC scrutinises Tapestry’s $8.5 billion acquisition of Capri Holdings. from The Business of Fashion https://ift.tt/Ku2t1Bh

Announcing Aesop on BoF Careers

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from The Business of Fashion https://ift.tt/o43qXPY

Why Beauty Brands Keep Getting Accused of Causing Hair Loss — and What They Can Do About It

Mielle Organics is the latest company to face viral claims its products cause hair loss and scalp injury. How it navigates the next few weeks will determine whether this is a short-term setback or a serious threat to its long-term viability. from The Business of Fashion https://ift.tt/q1GtrSc

How to Work With Creators and Their Communities on TikTok

As the ‘experts on the platform’, content creators on TikTok offer brands a critical means of access to the subcultures and communities that the entertainment platform typifies. BoF’s latest white paper, in partnership with TikTok, shares insights on the best practices to engage with and empower creators and communities on the platform, with examples from Coach, E.l.f. Beauty, Loewe, Marc Jacobs and many more. from The Business of Fashion https://ift.tt/EXS5IxO

Case Study | How to Create the Perfect E-Commerce Site

The best websites balance the jobs of inspiring customers via lush graphics and compelling storytelling, and maximising sales with a design that’s convenient, intuitive and easy to navigate. This case study explores how to achieve both goals and create the ideal online shopping experience. from The Business of Fashion https://ift.tt/1tRCpyQ

This Week: Burberry, Gucci and the Federal Reserve Could Surprise Us

Two struggling luxury brands will show their latest collections, while the US central bank is expected to make a long-anticipated cut to interest rates. from The Business of Fashion https://ift.tt/HKyO2Vq

World Afro Day Urges UK Parliament to Adopt Hair Discrimination Policy

Celebrities and advocates have penned an open letter campaigning to reform the 2010 Equality Act to include Black hairstyles to be protected against discrimination. from The Business of Fashion https://ift.tt/i3K780g

The BoF Podcast | Clare Waight Keller on Leadership in Fashion

Clare Waight Keller joins Imran Amed to discuss her zigzagging journey through the fashion industry, designing for American mainstays like Calvin Klein and Ralph Lauren; European luxury labels such as Chloé and Givenchy and most recently, mass retailer Uniqlo. from The Business of Fashion https://ift.tt/F5rgoWl

Shein Says Move to Close US De Minimis Loophole Won’t Hurt Competitive Advantage

The company’s on-demand business model gives it “not just a few points advantage, but a significant advantage,” executive chairman Donald Tang said in an interview. from The Business of Fashion https://ift.tt/NknEiWF

Givenchy Names Sarah Burton Its New Designer

The longtime Alexander McQueen creative director will be LVMH-owned Givenchy’s fourth designer in 10 years. Her debut show is set for March 2025. from The Business of Fashion https://ift.tt/yCbR3z5

Macy’s Targets Menswear Shoppers With New Private Label

- September 12, 2024

Macy’s newest private label, “Mode of One,” is taking aim at the contemporary menswear shopper as the retailer tries to shore up its men’s apparel business. from The Business of Fashion https://ift.tt/B2H4l1R

New York Fashion Week Isn’t Dead

- September 12, 2024

Big names, extravagant productions, a Google-sponsored shuttle bus and an overall sense of high energy all helped breathe new life into the shows this season. from The Business of Fashion https://ift.tt/EepmTO3

Scotch & Soda’s Next Chapter

- September 11, 2024

Scotch & Soda is relaunching with a new strategic focus, backed by new owners Bluestar Alliance. BoF learns more. from The Business of Fashion https://ift.tt/ZPUcVSz

Hopes and Fears at New York Fashion Week

- September 11, 2024

The intense political moment found its way onto the runway, wittingly or unwittingly, reports Lynn Yaeger. from The Business of Fashion https://ift.tt/X9Gsjfh

Sephora North America Appoints New Chief Financial Officer

- September 11, 2024

Delphine Herve will succeed Christophe Le Boterff in April 2025 when he retires after eight years’ tenure. from The Business of Fashion https://ift.tt/lwVAyeP

The Supima Design Competition Showcases Fashion’s Next Generation at New York Fashion Week

Through partnerships with leading fashion schools across the US and a robust and growing network of alumni, the Supima Design Competition is setting up emerging design talent for success. from The Business of Fashion https://ift.tt/r71XWVH

Nike Shareholders Vote Against Proposal on Workers’ Rights

The sports giant’s shareholders have voted against a proposal to consider joining binding agreements with supply chain workers to better address human rights issues in high-risk countries. from The Business of Fashion https://ift.tt/Ec6ZsSJ

At NYFW, Models Push Governor to Sign Fashion Workers Act into Law

The Model Alliance delivered hundreds of letters from models and allies to New York Governor Kathy Hochul’s office Tuesday morning, calling on her to sign the act which passed in the state’s Senate and Assembly in July. from The Business of Fashion https://ift.tt/vkMg68u

After the ‘Toryssance’: Tory Burch’s Balancing Act

The American designer and entrepreneur revived industry chatter by updating her aesthetic. Now Burch—wary of straying too far from her roots—is fine-tuning the balance between stretching her creative limits while serving her loyalists. She’s also relaunching her trademark shoe. from The Business of Fashion https://ift.tt/UBfyQk3

French Brand Sessùn Sells Majority Stake to Italian Fund, Eyeing International Expansion

- September 09, 2024

Italian private equity Quadrivio acquired a majority stake from Experienced Capital and the brand’s founder. With growth outside France in focus, investing in brand awareness takes centre stage. from The Business of Fashion https://ift.tt/pLFrKPn

Net-a-Porter Shifts Beauty to Affiliate Model

- September 09, 2024

Known in the past as a key launchpad for luxury beauty labels like Dr. Barbara Sturm, Net-a-Porter’s beauty vertical is switching to an editorial-style affiliate model. from The Business of Fashion https://ift.tt/DaCfZYh

Leveraging TikTok for Brand and Sales Success

In BoF’s latest white paper, in partnership with TikTok, brand and marketing executives, independent analysts and TikTok business leaders share their insights on the best practices to acquire and engage audiences by honing platform-relevant brand, product and paid marketing strategies, with examples from Coach, E.l.f. Beauty, Marc Jacobs and many more. from The Business of Fashion https://ift.tt/67pJohK

European Luxury Shares’ $240 Billion Rout Is Just the Beginning

Analysts foresee a prolonged slowdown ahead for luxury firms as hopes of a quick turnaround wane and China’s downturn worsens. from The Business of Fashion https://ift.tt/anO3ACe

The Body Shop’s Remaining UK Stores Saved After Rescue Deal Agreed

The Body Shop has been rescued from administration by a consortium led by the British cosmetics tycoon Mike Jatania in a deal that will keep the ethical beauty brand’s remaining 113 UK stores trading. from The Business of Fashion https://ift.tt/BR87VJ9

This Week: Fashion Week, Nike’s Shareholder Meeting and Inditex Results

The shows continue in New York and London, while Nike’s board faces off against shareholders and Inditex reports results. from The Business of Fashion https://ift.tt/OxctISs

How to Apply AI-Powered Personalisation to Omnichannel Retail

- September 06, 2024

BoF shares insights on the application of AI into omnichannel strategies to meet increasing consumer expectations that retail experiences be ‘composed’ to match their preferences, sourced from BigCommerce’s recent thought leadership. from The Business of Fashion https://ift.tt/GDOqIbe

Fashion Week Launches with a Political Statement

- September 06, 2024

On Friday morning, the opening day of New York Fashion Week, runway glamour was put on pause in favour of political activism as the CFDA, in collaboration with Vogue and voting rights group I Am A Voter, spearheaded a non-partisan march to encourage people to register to vote. from The Business of Fashion https://ift.tt/sWJFIc5

How Ulla Johnson Played Fashion’s Long Game

- September 05, 2024

After 25 years in business, Ulla Johnson has reached nine figures in annual sales by charting her own course, from resisting outside fundraising to embracing what she calls “slow fashion.” With a new CEO at the helm, she’s once again looking to enter the next stage of growth her own way. from The Business of Fashion https://ift.tt/F2eAv61

Fear of God Names Bastien Daguzan CEO

- September 05, 2024

Daguzan is tasked with growing the brand's awareness, expanding its international distribution channels and reconfiguring e-commerce for global customers. from The Business of Fashion https://ift.tt/YmSUizJ

Shein’s Pop-Up Store Ruffles South African Retail Sector

- September 05, 2024

The retailers’ debut pop-up store in South Africa has triggered controversy and tax changes aimed at protecting local retailers by increasing levies on low-value imports. from The Business of Fashion https://ift.tt/2Rm1E5v

Solving Fashion’s $163 Billion Buying and Sizing Inaccuracy Problem

- September 04, 2024

As competition for customers’ discretionary spend intensifies, smart assortment planning — from size predictions to demand forecasting — can help brands and retailers stay ahead. BoF sits down with Style Arcade CEO and co-founder Michaela Wessels to learn more. from The Business of Fashion https://ift.tt/5ILSUsH

Bustle and W Magazine Owner BDG Closes Investment Round

- September 04, 2024

The cash injection will be used to help the media company enact its turnaround strategy. from The Business of Fashion https://ift.tt/EfqsT20

Chow Tai Fook Jewellery Group Hires Gabriela Ferreira to Lead Global Push

- September 04, 2024

Ferreira, who leads the Southeast Asia business for LVMH-owned Loewe, has been appointed the Hong Kong-based jeweller’s general manager, international. from The Business of Fashion https://ift.tt/DhF6rjo

Phoebe Philo Launches Brick-and-Mortar Wholesale

- September 03, 2024

After launching as a direct-to-consumer, online-only venture, the LVMH-backed label is diversifying its distribution strategy from The Business of Fashion https://ift.tt/mtnSE26

Hong Kong Luxury Shops Sit Empty as Chinese Spending Plunges

- September 03, 2024

Banks and fast food restaurants have taken over spaces once leased to the likes of Omega and Burberry in the iconic shopping destination. from The Business of Fashion https://ift.tt/YblzIcQ

Dior Taps Miu Miu CEO Benedetta Petrruzzo as Managing Director

- September 03, 2024

The executive oversaw a period of explosive growth at Prada-owned Miu Miu. from The Business of Fashion https://ift.tt/C6HVgUI

Why Menswear Is Getting a Marketing Refresh

As critics argue that menswear labels’ homogenous marketing style has made for a feeling of boredom and sameness in the sector, start-ups are beginning to invest in imagery that will set them apart from their competitors. from The Business of Fashion https://ift.tt/Uli9DKq

Commercialising the Zeitgeist: Crafting a Successful TikTok Strategy

With a community exceeding 1 billion individuals, TikTok is a critical driver of success for fashion and beauty brands today. Partnering with TikTok, BoF shares exclusive internal insights and strategic analysis from a range of independent experts to identify how businesses can optimise their brand and product marketing performance on TikTok, and generate sales through its ads and commerce features. from The Business of Fashion https://ift.tt/gSwx8Xr

What Fashion Retail Professionals Need to Know Today

BoF Careers provides essential sector insights for fashion professionals in retail this month, to help you decode fashion’s retail landscape. from The Business of Fashion https://ift.tt/MWm17Tc

The Best Jobs on BoF Careers

Discover the most exciting career opportunities now available on BoF Careers — including jobs from Tapestry, Hoka and Toteme. from The Business of Fashion https://ift.tt/bkCJoO7

A Reality Check for Temu

- September 01, 2024

Growth is slowing, competition is getting intense and regulators have the fast-fashion retailer in their sights. But despite investor panic over its prospects, Temu remains an e-commerce powerhouse — one that Western competitors must continue to watch. from The Business of Fashion https://ift.tt/2Q3au1O

This Week: New York Fashion Week Kicks Off

- September 01, 2024

A host of international names, more churn among emerging labels and the usual American giants make for a thematically confusing, but commercially robust season. from The Business of Fashion https://ift.tt/5dID1NE

Ulta Beauty Cuts Sales Outlook on Slowing Consumer Demand

- August 29, 2024

Ulta Beauty Inc. trimmed its sales forecast as more US consumers cut back on makeup and cosmetics in the face of higher prices and elevated borrowing costs. from The Business of Fashion https://ift.tt/uFgS8a0

Gap’s Surprise Earnings Release Shows Strong Second Quarter

- August 29, 2024

Gap Inc. beat sales expectations in the second quarter, suggesting that an overhaul by new chief executive officer Richard Dickson is working. from The Business of Fashion https://ift.tt/i0kRKda

The Dangers of ‘Casualising’ Injectables

- August 28, 2024

From botulism to HIV, horror stories of minimally invasive cosmetic procedures have gained a national spotlight as consumers have turned to unlicensed practitioners. from The Business of Fashion https://ift.tt/REpbTU6

Victoria Beckham Losses Shrink as Sales Soar 50% at Fashion Brand

- August 28, 2024

The fashion and beauty business reduced losses to £200,000 with a 52 percent sales surge to £89 million last year, driven by online growth and expansion into new product areas. from The Business of Fashion https://ift.tt/iTuPNB8

Nordstrom Q2 Revenue Rises on Boost From Sales Event, Shares Surge

The upmarket department store chain also slightly revised its annual comparable sales forecast, raising the lower end to a range of flat to 2 percent growth. from The Business of Fashion https://ift.tt/bPupDKf

Walmart Takes on Amazon By Adding Pre-owned Watches, Collectibles to Marketplace

The retailer is expanding its online marketplace to include pre-owned watches, collectible trading cards, and high-end beauty products, aiming to capture more e-commerce spend and compete with rivals like eBay and Amazon. from The Business of Fashion https://ift.tt/nQLtmEG

Calvin Klein Drops Another Jeremy Allen White Campaign

The Mert Alas-lensed videos show White climbing out of a pool, playing with a dog, doing sit-ups and letting a glass of water spill down his torso in Calvin Klein jeans, a denim vest and underwear. from The Business of Fashion https://ift.tt/sbpIU91

Estée Lauder Launches Balmain Fragrances

The collection, called Les Éternels de Balmain, comprises eight gender-neutral fragrances, priced at $300. from The Business of Fashion https://ift.tt/grVO4kh

Why Theophilio Is Giving Fashion Week Another Shot

The New York-based label will return to the schedule after a three-season hiatus. This time around, the business is in a much healthier financial state, said designer Edvin Thompson, and is now eyeing a supply chain expansion. from The Business of Fashion https://ift.tt/b0vyqeE

Lanvin Group Posts 20% Drop in Sales Amid Luxury Slowdown

The Lanvin and Sergio Rossi owner expects the year to remain challenging but is betting on a creative overhaul to reignite sales growth at the company. from The Business of Fashion https://ift.tt/BGeuPrV

Temu Owner PDD Plunges 18% After Revenue, Outlook Disappoint

The company reported second-quarter revenue of 97.1 billion yuan, below estimates, and highlighted intensified competition and potential profitability challenges. from The Business of Fashion https://ift.tt/vMnHW7O

Report: Unilever Mulls Sale of Kate Somerville and Ren Clean Skincare

Unilever is looking to dispose of the two prestige skincare brands, and has retained Pricewaterhousecoopers to explore a sale, per Sky News. from The Business of Fashion https://ift.tt/e4DNMY3

What Luxury ‘Dupe’ Brands Get Right About Shoppers

- August 25, 2024

Start-ups like Quince and Italic that sell affordable basics made in the same factories as high-end brands are generating massive growth in appealing directly to middle-class shoppers who don’t want to resort to Shein hauls. from The Business of Fashion https://ift.tt/7mrqbYA

This Week: Retail Earnings Get Messy

- August 25, 2024

Gap, Abercrombie, Lululemon and others report results this week, amid growing concerns about a pullback in consumer spending. from The Business of Fashion https://ift.tt/wVNyChS

Tom Ford Beauty Announces Angelina Jolie as Ambassador

- August 23, 2024

The actress will be the brand’s first celebrity beauty spokesperson, leading a lipstick campaign from September 3. from The Business of Fashion https://ift.tt/h0K1rI2

What Fashion’s Creative Talent Needs to Know Today

- August 23, 2024

BoF Careers provides essential sector insights for fashion creatives this month, to help you decode fashion’s creative landscape. from The Business of Fashion https://ift.tt/5GHkAa0

How Shoppers Get Luxury’s Most Exclusive Products

- August 22, 2024

Shoppers are finding alternative ways to get their hands on the unattainable bags, shoes and watches, from auction houses to specialised fashion sourcers. from The Business of Fashion https://ift.tt/gbnP0fs

Shein Reveals Child Labour Cases as It Steps Up Supplier Audits

- August 22, 2024

The company said both cases had been “resolved swiftly,” with remediation steps including ending underage employees’ contracts, arranging medical checkups, and facilitating repatriation to parents or guardians as necessary. from The Business of Fashion https://ift.tt/uNynwlO

H&M’s Big Bet on Fashion’s Elusive Middle

In an exclusive interview, CEO Daniel Ervér outlined his strategy to turn the Swedish fast-fashion giant’s greatest weakness – its positioning above Shein but below Zara in the category’s pricing hierarchy – into a strength. It all kicks off with a collection due out next month. from The Business of Fashion https://ift.tt/9uXZv5e

Fresha Secures $31 Million from J.P. Morgan to Develop Salon Robots

Founder and CEO William Zeqiri said he hopes the robots will be able to mix hair colours and welcome customers. from The Business of Fashion https://ift.tt/kmIBco8

TJ Maxx Parent Raises Annual Profit Forecast After Strong Second Quarter

Over the past six quarters, TJX has kept prices low to attract shoppers who are worried about spending in an inflationary environment. from The Business of Fashion https://ift.tt/hjBib0m

Farfetch to Shutter Its E-commerce Software Service

The luxury e-tailer is closing Farfetch Platform Solutions, which provides online shopping tools for retailers like Harrods, as Farfetch’s operating losses drags down its new owner Coupang’s profits. from The Business of Fashion https://ift.tt/rNlfi1P

With Ulta Beauty Entry, Ilia Wants to Go Mainstream

An early pioneer of 'clean' beauty, the premium cosmetics brand is jockeying to become a household name and conquer more categories and global territories. from The Business of Fashion https://ift.tt/4P0KxvO

Coty Misses Revenue Estimates on Cautious Retail Orders, Lacoste License Sale

Coty’s fourth-quarter net revenue rose nearly 1 percent to $1.36 billion, missing LSEG estimates of $1.38 billion. from The Business of Fashion https://ift.tt/HGBRF2i

Sarah Jessica Parker Shutters Shoe Line

Parker launched the brand in 2013 alongside George Malkemus III, the fashion executive responsible for turning Manolo Blahnik into a household name in the US. from The Business of Fashion https://ift.tt/GNzwlDS

Worldview: Sri Lankan Factories Expect to Benefit from Bangladesh Unrest

This week’s round-up of global markets fashion business news also features Botswana’s diamond deal, Thailand’s yarn giant and Turkey’s crackdown on Shein. from The Business of Fashion https://ift.tt/YTib1nr

A To-Do List for Estée Lauder’s Next CEO

- August 19, 2024

Whoever steps into Fabrizio Freda’s Italian loafers in June 2025 has a big job on their hands, as the American beauty conglomerate battles softened demand internationally and on its home turf. Kickstarting meaningful growth will mean a fresh China strategy, channel and category overhauls, and generating some much needed buzz. from The Business of Fashion https://ift.tt/MRYZx43

Longtime FIT President Joyce Brown to Step Down

- August 19, 2024

The first woman and Black American president of The Fashion Institute of Technology, will bring to a close a 26-year tenure at the prominent fashion school. from The Business of Fashion https://ift.tt/aFVMRJv

Estée Lauder CEO Fabrizio Freda to Retire

- August 19, 2024

Freda, who has been at the company for over 16 years, will retire at the end of the 2025 fiscal year in June. from The Business of Fashion https://ift.tt/GaCc5Mj

Why Kamala Harris Isn’t Making Bold Fashion Choices – Yet

- August 18, 2024

With her wardrobe of pants suits in conservative colours, the vice president has studiously avoided drawing attention to her style choices. Experts say that reflects the reality that, as a Black and Indian woman in the upper echelon of politics, self-expression carries risks. from The Business of Fashion https://ift.tt/FDL6EuH

Report: Ted Baker to Close All Remaining UK Stores, Permanently Shutter

- August 18, 2024

Negotiations between the British retailer’s owner, Authentic Brands Group, and retail tycoon Mike Ashley have stalled, putting 500 jobs at risk as the company faces a full shutdown. from The Business of Fashion https://ift.tt/ISzPpTG

This Week: Which Retailers Win When Customers Trade Down?

- August 18, 2024

Macy’s is betting on refreshed stores and better merchandise even as shoppers hunt for bargains. The company will give an update on its turnaround efforts with quarterly results this week. from The Business of Fashion https://ift.tt/ku1NZML

The Debrief Podcast | What Happens When It’s Too Hot to Make Fashion?

- August 16, 2024

Senior correspondent, Sheena Butler-Young and executive editor, Brian Baskin speak with sustainability correspondent Sarah Kent to discuss what rising temperatures means for the fashion production model. from The Business of Fashion https://ift.tt/KQAkTaP

What Fashion Marketing Professionals Need to Know Today

- August 16, 2024

This month, BoF Careers provides essential sector insights to help marketing professionals decode fashion’s creative and commercial landscape. from The Business of Fashion https://ift.tt/jzhZJUq

Why ‘Bad’ Style Can Be Good Business

- August 15, 2024

The Olympics may have ended but a new sporting event has begun — the race to get to the bottom of Blake Lively’s curious fashion choices. from The Business of Fashion https://ift.tt/CwQu5SZ

Can ‘Emily in Paris’ Catapult Vestiaire Collective Into the American Mainstream?

- August 14, 2024

In the new season of the hit Netflix show, the resale platform makes a cameo, hoping that the appearance will boost its US business, which now accounts for 20 percent of its sales. from The Business of Fashion https://ift.tt/UDzXHK2

Goldman Agrees to Sell Ireland’s Largest Shopping Mall to SVP

- August 14, 2024

Strategic Value Partners is set to buy Blanchardstown Centre, Ireland’s largest mall as investor interest in malls rises due to lower rents and increased consumer spending. from The Business of Fashion https://ift.tt/mgC8T24

US FTC Finalises Ban on Fake Online Reviews

- August 14, 2024

The rule targets fake reviews, which could cost $51,744 per violation, from various sources and prohibits using intimidation to remove negative feedback. from The Business of Fashion https://ift.tt/XD74kiZ

Can Gen-Z Get Neutrogena Back on Top?

- August 13, 2024

The Kenvue-owned skincare giant is releasing a new range, Collagen Bank, targeting younger consumers with actress Hailee Steinfeld as a spokesperson, a TikTok-first rollout and a focus on anti-ageing care. from The Business of Fashion https://ift.tt/ayJrqdI

Anna Wintour, Tory Burch to Host Hamptons Fundraiser for Harris

- August 13, 2024

Vice President Kamala Harris will host a high-profile Southampton fundraiser on August 31, with tickets ranging from $2,500 to $50,000. from The Business of Fashion https://ift.tt/HGzhnxM

Branded Resale Provider Trove Acquires Recurate, a Competitor in the Space

- August 13, 2024

The acquisition will position Trove as a leader in the sector, enabling the company to now account for 75 percent of branded resale traffic in the US, it announced Tuesday. from The Business of Fashion https://ift.tt/ni2ZxQV

High-Street Fashion Seeks Opportunity in the Congo

Attracted in part by the legacy of the ‘sapeurs’ who have become international street style stars and inspiration for designers around the world, global fashion brands are now opening stores in the DR Congo’s shopping malls. from The Business of Fashion https://ift.tt/8yRYqQt

Pandora Raises Full-Year Growth Outlook as Broader Product Range Pays Off

The company said its operating profit rose to 1.34 billion Danish crowns ($196.25 million) in the second quarter from 1.19 billion a year earlier. from The Business of Fashion https://ift.tt/iWNLX9P

Op-Ed | What’s Behind the Slump in China’s Luxury Sales?

The key question is whether the drop is due to a weakening economy or a shift in consumer perception towards luxury items as mere commodities. from The Business of Fashion https://ift.tt/S68QaWH

How to Prepare a Creative Pitch in Fashion

From tailoring your pitch to your audience to fine tuning a succinct narrative, BoF Careers sat down with experts working across creative functions in the fashion industry to learn how to prepare a compelling pitch. from The Business of Fashion https://ift.tt/T06wCoe

Rōz Hair Care Secures Growth Equity Investment From Silas Capital and G9 Ventures

- August 11, 2024

Silas Capital and G9 Ventures participated in the seed round, joining celebrity angel investors Mila Kunis, Lily Collins and Zoe Saldana. from The Business of Fashion https://ift.tt/vFYXwGt

Where Does Accessible Luxury Go From Here?

- August 11, 2024

This week, Coach owner Tapestry reports full-year results amid a slowing US economy and stalled takeover bid for Michael Kors parent Capri. from The Business of Fashion https://ift.tt/6G392Yr

Madison Avenue Finds a New Groove

- August 08, 2024

Rents on New York City’s prestigious Upper East Side retail corridor are ticking up for the first time in a decade, as luxury stalwarts and newcomers alike look to tap into the neighbourhood’s affluent customer base. from The Business of Fashion https://ift.tt/qnDbAkK

South Africa Will Impose New Tax on Fast Fashion Parcels

- August 08, 2024

The country’s tax authority will soon impose a tax on cheap packages to protect the local clothing industry from international e-commerce competitors like Shein. from The Business of Fashion https://ift.tt/9WdiMxL

The Best Jobs on BoF Careers

- August 08, 2024

Discover the most exciting career opportunities now available on BoF Careers — including jobs from Burberry, Staud and Seiya Nakamura 2.24. from The Business of Fashion https://ift.tt/BWsaYhJ

Bloomingdale’s Taps Rebag as its New Resale Partner

- August 07, 2024

The Macy’s-owned department store will offer pre-owned luxury handbags online and in select stores via New York-based resale platform Rebag. from The Business of Fashion https://ift.tt/pSk4Xvw

Allbirds Meets Revenue Expectations, Narrows Losses

- August 07, 2024

Allbirds’ sales fell 27 percent year over year to $52 million in the second quarter, but that was more than enough to keep the company within its previous guidance. from The Business of Fashion https://ift.tt/8mRnQfd

Powering the Creative Industry Through a Cycle of Innovation

Creativity is a vital pillar to Neft Vodka’s brand identity and growth strategy. BoF hears from Paul Robinson, Neft Vodka’s chief creative officer to better understand how it supports the creative class of tomorrow. from The Business of Fashion https://ift.tt/Fn2gl1v

Coupang Posts First Loss Since 2022 as Farfetch Deal Saps Profit

South Korea’s largest online retailer posted a net loss of $77 million for the June quarter, versus an average estimate for a loss of $11.7 million. from The Business of Fashion https://ift.tt/qdAHVGl

Nobel Prize-Winner Yunus to Head Bangladesh’s Interim Government

Economist Muhammad Yunus has been appointed head of Bangladesh’s interim government following former Prime Minister Sheikh Hasina’s departure amid violent protests. from The Business of Fashion https://ift.tt/JNXhMcr

H&M Won’t Seek Discounts From Bangladesh Suppliers for Delays

Plants in Bangladesh remained closed on Tuesday afternoon, despite the lifting of a curfew in the country, according to an email from an H&M spokesperson. from The Business of Fashion https://ift.tt/D54uKtl

How China’s Fashion Industry Leveraged the Olympics

From sportswear giants Anta and Peak to cosmetic brands Maogeping and Chando, local companies placed their marketing bets on team uniforms, athlete endorsements and themed products. from The Business of Fashion https://ift.tt/icRY1sq

Dior Breached UK’s Modern Slavery Disclosure Requirements

The luxury brand, which is under scrutiny for links to sweatshop labour in Italy, was behind on publishing supply chain disclosures required by UK law until last month. from The Business of Fashion https://ift.tt/afxtlQ0

How to Grow a $100 Million Brand: Diversifying Your Offering | BoF Insights

- August 05, 2024

Today’s brands are constrained by crises across direct-to-consumer and wholesale distribution and limited external funding pools. But it is still possible to scale a small label, even in today’s tough environment. In part two of this series, BoF Insights spoke with investors and brand leaders about how to translate cultural heat into commercial success via diversification. from The Business of Fashion https://ift.tt/r16ikeo

How the Korean Resale Market Is Evolving

- August 04, 2024

In the first edition of Bunjang’s ‘Korean Luxury Resale Report,’ the re-commerce platform examines the exponential growth of the secondhand market in the region and the defining trends to know now. Discover key insights from the report here, alongside BoF analysis. from The Business of Fashion https://ift.tt/nmAT90Q

Bangladesh Orders Mobile Internet Shutdown to Quell Protests

- August 04, 2024

The measures are being imposed after a new wave of violence on Sunday, where protesters demanding the resignation of Prime Minister Sheikh Hasina clashed with pro-government supporters in the world’s second-largest garment exporter. from The Business of Fashion https://ift.tt/sPecipA

This Week: Checking in on Fashion’s Unexpected Dealmakers

- August 04, 2024

VF Corp. and Revolve both made surprising changes to their portfolios recently, and have an opportunity to give an update on their strategic visions when they release results this week. from The Business of Fashion https://ift.tt/cQSFXew

Is This an Inflection Point for Luxury Fashion?

- August 02, 2024

As the fashion industry takes a breather in August, luxury brands grapple with creative leadership gaps, plummeting profits, and evolving consumer priorities, raising questions about whether current struggles signal a permanent shift in the market landscape, writes Imran Amed. from The Business of Fashion https://ift.tt/xKHvLkc

Gray Sorrenti: ‘Wild Child’ Joins the Family Business

- August 01, 2024

But the fast-rising daughter of Mario Sorrenti and Mary Frey is no nepo baby. ‘I didn’t become a photographer because my dad’s a photographer,’ she says. from The Business of Fashion https://ift.tt/3qHv06y

Tati Westbrook Settles Lawsuit, Leaves Halo Beauty, Plans to Relaunch Beauty Brand

- August 01, 2024

The beauty guru announced that her legal drama over her supplement and beauty brands has come to an end. from The Business of Fashion https://ift.tt/n5oeibF

London Stock Exchange Denies Lowering Standards to Win Shein IPO

- August 01, 2024

London Stock Exchange CEO David Schwimmer affirmed the exchange’s commitment to governance amid scrutiny over the retailer’s labour practices. from The Business of Fashion https://ift.tt/gNnw2yP

How Paul & Shark Is Activating in Unexpected Locations with Purpose

- July 31, 2024

Tapping into an evolving travel mindset among consumers, Paul & Shark CEO Andrea Dini shares why he is building the brand’s presence in new spaces — including the Spanish island of Formentera for its summer activation — and how it is driving its mission to operate with purpose. from The Business of Fashion https://ift.tt/QdJiKBo

Sustainability Consultancy Eco-Age Closes

- July 31, 2024

Founder Livia Firth said the company was unable to recover financially after it was “targeted by criminals.” from The Business of Fashion https://ift.tt/csMQNw6

Blumarine Hires David Koma as Creative Director

- July 31, 2024

The Central Saint Martins-trained designer, known for his eponymous womenswear label, succeeds Walter Chiapponi, who stepped down after one season. from The Business of Fashion https://ift.tt/jfZKrB8

How to Grow a $100 Million Brand: Building Buzz on a Budget | BoF Insights

The recent closure of some of fashion’s buzziest brands laid bare the many hurdles facing even the most promising designers. But it is still possible to scale a small label, even in today’s tough environment. In part one of this series, BoF Insights spoke with brands and investors and drew upon its own advisory experience to outline how to translate cultural heat into commercial success. from The Business of Fashion https://ift.tt/EhI5xsr

Don’t Write Off Nike, Says Britain’s JD Sports

JD Sports offers a bullish outlook on Nike’s future, with global managing director Mike Armstrong asserting the brand will endure despite recent sales warnings and rising competition from challengers like On and Hoka. from The Business of Fashion https://ift.tt/HDheLAu

Selfridges CEO Andrew Keith to Exit Amid Luxury Upheaval

Keith piloted the retailer during a sale to Thailand’s Central Group, as well as navigating Covid-19 lockdowns and a struggling UK luxury market. from The Business of Fashion https://ift.tt/lG3MrwR

Worldview: Latin American Buyers Descend on Colombiamoda

This week’s round-up of global markets fashion business news also features LVMH’s China outlook, Indian beauty major Hindustan Unilever and Dior’s Mali-born Olympic muse. from The Business of Fashion https://ift.tt/WrxZhDd

J.Crew’s Unorthodox Olympics Moment

- July 29, 2024

The American retailer was able to tap into the cachet of the world’s largest sporting event without being an official sponsor or licensee. The result was one of its most successful collaborations in recent memory. from The Business of Fashion https://ift.tt/mfSqUvl

How I Became... Editor-in-Chief of Paper Magazine

- July 29, 2024

Justin Moran began his editorial journey at his university newspaper, taking on freelance work on the side before landing his first internship at Paper Magazine one summer. Now, as Paper's editor-in-chief, he shares his career advice. from The Business of Fashion https://ift.tt/KOGrVkX

Prada to Open 8,000-Square-Foot Hong Kong Store After Years of Downsizing

- July 29, 2024

The two-floor space will be the company’s first major new store in Hong Kong in years. from The Business of Fashion https://ift.tt/xaOuI0e

Why Retailers Should Stop Worrying About the Gen-Z Versus Millennial Divide

- July 28, 2024

As Gen-Zers hit their mid-20s, the style gap between that generation and their slightly older peers is rapidly widening and playing out publicly on TikTok. For brands, it’s not a matter of choosing a side but rather making an assortment accessible even to older, risk-averse customers. from The Business of Fashion https://ift.tt/pbVEeR2

Prada to Open 8,000-Square-Foot Hong Kong Store After Years of Downsizing

- July 28, 2024

The two-floor space will be the company’s first major new store in Hong Kong in years. from The Business of Fashion https://ift.tt/g5r69B0

This Week: Fashion Chases Olympic Glory and Tries to Shake the Back-to-School Blues

- July 28, 2024

The Summer Olympics in Paris are already proving a potent marketing opportunity. In the US, back-to-school shopping is falling short of expectations. from The Business of Fashion https://ift.tt/WxjaYgB

Dior, Louis Vuitton and Young Creators Take Centre Stage at Olympics Opening Ceremony

- July 27, 2024

Fashion was in the spotlight as the Paris 2024 games opened with an awe-inspiring spectacle including a mock runway show, as well as performances by Lady Gaga, Aya Nakamura and Celine Dion. from The Business of Fashion https://ift.tt/4CT6HPG

Dispatch from Tokyo: A Retail Roadmap

- July 26, 2024

With the devaluation of the yen, Tokyo has become a focal point for fashion shoppers looking for good deals. Imran Amed shares his key takeaways and recommendations from a recent trip to the world’s retail capital. from The Business of Fashion https://ift.tt/4hbqVOl

Deckers Outdoor Raises FY Profit Target on Strong Hoka, Ugg Demand

- July 26, 2024

Deckers Outdoor raised its annual profit forecast after beating first-quarter estimates on Thursday. from The Business of Fashion https://ift.tt/NMPF3Ac

Inside Fashion’s Biggest Olympics Ever

- July 25, 2024

Long the marketing domain of sportswear giants, the 2024 Olympic games in Paris are seeing an influx of fashion advertisers who are getting creative in how they capitalise on one of the few remaining events with massive global impact. from The Business of Fashion https://ift.tt/PGZEgew

Ray-Ban Maker EssilorLuxottica Confirms Meta Interested in Stake

- July 25, 2024

CEO Francesco Milleri said the maker of Ray-Ban and Oakley sunglasses isn’t planning a capital increase dedicated to Meta and the US firm would buy shares on the market if it wants to become a shareholder. from The Business of Fashion https://ift.tt/lCGny6L

Summer Fridays Announces Growth Investment From TSG Consumer Partners

The influencer-founded beauty brand, known for its hybrid skincare and makeup products, will join private equity firm TSG’s brand roster. from The Business of Fashion https://ift.tt/ag1okES

Shein to Open Pop-Up Store in South Africa to Woo More Shoppers

Shein will open its pop-up store from August 2 to 11 as an “exhibition space” for customers to try on trendy fashion and lifestyle products and order them online at a discount. from The Business of Fashion https://ift.tt/ZofGdjt

Exclusive: Sabrina Carpenter’s Plan to Become a Beauty Hitmaker

With the launch of her third fragrance, Cherry Baby, the “Espresso” songstress wants to use the whimsical, flirty scent to connect more deeply with her growing fanbase of Gen-Zers and beyond. from The Business of Fashion https://ift.tt/EKLQgfX

Bangladesh Eases Curfew to Keep Economy Going After Protests

Student anger over job quotas has roiled the world’s second-largest garment exporter. from The Business of Fashion https://ift.tt/Fg0GMkZ

Nike Hires Former Salesforce Executive as CIO in Tech Division Shakeup

- July 23, 2024

Cheryan Jacob, who has also previously worked at Microsoft Corp. and Flexport Inc., was named Nike’s chief information officer this month, according to an internal memo. from The Business of Fashion https://ift.tt/2tTj0wP

Estée Lauder Companies Names Akhil Shrivastava Executive Vice President, CFO

- July 23, 2024

Estée Lauder Companies has named Akhil Shrivastava executive vice president and chief financial officer, effective Nov. 1. from The Business of Fashion https://ift.tt/VMEZ2bh

Unilever India’s Profit Disappoints on Sluggish Consumer Demand

- July 23, 2024

India’s largest maker of household and beauty staples has been struggling with sluggish consumer demand in recent quarters and choosy urban consumers who have been switching to niche products. from The Business of Fashion https://ift.tt/tFy93Ij

Understanding the Luxury Resale Market in Korea

Koreans spend an average of $325 per capita on luxury goods each year — the highest spending globally, according to Morgan Stanley. BoF sits down with mobile re-commerce platform Bunjang’s CEO Choi Jae-hwa to understand how the resale sector stands to benefit. from The Business of Fashion https://ift.tt/0xoHQtn

Paris Fashion Week to Include Alessandro Michele’s Valentino Runway Debut; Dries Van Noten’s First Show Without Van Noten

The Fédération de la Haute Couture et de la Mode released its provisional calendar for the Spring/Summer 2025 edition, featuring 70 shows and 38 presentations. Weinsanto will kick off the week on Sept. 23 and Louis Vuitton will round it out on Oct. 1. from The Business of Fashion https://ift.tt/XPCKywU

Tiffany’s Staff Exits Test LVMH’s Turnaround Playbook

Ambitious sales targets and lower commissions for some salespeople have led them to defect for competitors, taking some of their loyal clients with them. from The Business of Fashion https://ift.tt/qEvNPRl

LVMH’s L Catterton Buys Malls Stake in £1.5 Billion Deal

The transaction includes interests in nine luxury retail properties outside major European cities including the Bicester shopping village, about 60 miles north west of London, according to a statement Monday. from The Business of Fashion https://ift.tt/mJZlPaM

What Fashion PR & Communications Professionals Need to Know Today