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Showing posts from February, 2024

Renewcell Was Poised to Lead Fashion’s Recycling Revolution. How Did it Fail?

The Swedish company was at the forefront of efforts to scale up supply of more sustainable materials. It filed for bankruptcy on Sunday. from Business of Fashion https://ift.tt/OksYdeG

Chemena Kamali Debuts at Chloé

Over the past 20 years, Chemena Kamali has worked for three creative directors at the brand. Now she gets her chance to shape it, writes Tim Blanks. from Business of Fashion https://ift.tt/1ygWm0C

The RealReal Reaches EBITDA Profitability

The resale platform saw revenue drop 10 percent in the fourth quarter of 2023, but met its profitability benchmark by prioritising consignment margins. from Business of Fashion https://ift.tt/ebuOs6M

Backstage Pass: The Recipe for Dior’s Global Success

In a new video series, Imran Amed and Tim Blanks talk to industry insiders about what makes a fashion brand unique. from Business of Fashion https://ift.tt/0MiXF6O

Making the Ordinary Extraordinary in Paris

Jun Takahashi, Dries Van Noten and Nicolas De Felice make it impossible to see the everyday in the same way ever again. from Business of Fashion https://ift.tt/R8hiUY2

Moncler’s Plan to Take Back the Mountain (And Stay at Luxury’s Summit)

After a year of industry-beating growth, CEO Remo Ruffini is leaning into promoting core lines like the Grenoble mountain sports range and bread-and-butter puffer jackets. But other ambitions always arise — from Stone Island’s repositioning to planning the next “Genius” event — in Ruffini’s spinning world. from Business of Fashion https://ift.tt/eCYuR4J

US FDA Chief Very Concerned About Fake Weight Loss Drugs

Demand for weight loss drugs is far outpacing supply with some analysts forecasting the market for weight-loss drugs, could reach $100 billion a year by the end of the decade. from Business of Fashion https://ift.tt/qLCPjnJ

Lucien Pagès, the PR Prince of Paris

What does it take to be fashion’s favourite public relations guy? The man who weaves stories for the likes of Saint Laurent and Schiaparelli has become a story himself. from Business of Fashion https://ift.tt/IevnKpE

DHL Launches Branded Resale

In a partnership with resale service provider Reflaunt, the global logistics giant now offers a fulfilment, shipping and platforming solution for brand clients interested in entering the secondhand space. from Business of Fashion https://ift.tt/wY7UblN

Paris, Day One: Designers Defiant!

Maria Grazia Chiuri at Dior and Anthony Vaccarello at Saint Laurent go their own way in radically different style, writes Tim Blanks. from Business of Fashion https://ift.tt/1gJtzWy

LVMH in Exclusive Talks With Lagardere for Paris Match Magazine

A sale would expand the media assets of LVMH Moet Hennessy Louis Vuitton SE which already owns French business daily Les Echos and national newspaper Le Parisien. from Business of Fashion https://ift.tt/dPqom9b

Inside Invisible Collection’s Strategic Engagement With the US Luxury Consumer

With $26 million in sales in 2023, led by its strong performance in the US, Invisible Collection’s co-founder Isabelle Dubern-Mallevays shares how the luxury interiors platform is catering to this consumer cohort through its bespoke service and activations with cultural value. from Business of Fashion https://ift.tt/vR53thU

Shein Considers London IPO Amid US Resistance to Listing

Fast-fashion company Shein is considering the possibility of switching its initial public offering to London from New York because of hurdles to the listing in the US, according to people with knowledge of the matter. from Business of Fashion https://ift.tt/Cmk1iwN

Supergoop Names Lisa Sequino New CEO

The former JLo Beauty executive joins the sunscreen brand. from Business of Fashion https://ift.tt/cYTSZVu

Adidas Is Dropping a New Batch of Controversial Yeezy Shoes on Digital Channels

In several phases over the coming weeks, Adidas will make a range of products initially released in 2022 available around the world. from Business of Fashion https://ift.tt/KV9hERl

Case Study | The Art and Science of Retail Store Success

The best stores don’t just serve as billboards or customer touchpoints —they’re a stable and lucrative revenue stream. As younger consumers haveembraced in-store shopping despite their digital native instincts, the valueof stores is undeniable. Running an effective store requires choosing theright location, understanding its sales potential and making sure it servesits local clientele. from Business of Fashion https://ift.tt/uL2gfPm

Milan Tries to Make Sense of the World

Matthieu Blazy finds hope in resilience, the Meiers swathe Jil Sander in security, and Giorgio Armani goes back to nature, writes Tim Blanks. from Business of Fashion https://ift.tt/ExXHZUM

Renewcell Files for Bankruptcy

The Swedish textile recycler said it was unable to secure sufficient long-term funds to continue operations. from Business of Fashion https://ift.tt/IiG2EnB

Comings and Going in Milan

Adrian Appiolaza arrives at Moschino, Francesco Risso whites out reality at Marni and Donatella Versace still loves Prince, writes Tim Blank from Business of Fashion https://ift.tt/71hTCNq

How Bobbi Brown Perfected the Natural Makeup Look

The makeup guru reflects on the origins of her signature minimalist aesthetic, and why she’s building her latest start-up, Jones Roads Beauty, differently than her Estée Lauder-owned namesake brand. from Business of Fashion https://ift.tt/HmprwXi

Can Chloé and McQueen Get Their Groove Back?

New designers Chemena Kamali and Seán McGirr will make their runway debuts for the storied but stagnant luxury fashion houses in Paris this week. That, and what else to look for in the coming days. from Business of Fashion https://ift.tt/kCe6lcg

Dior Shelves Hong Kong Runway Show

Dior has “postponed indefinitely” its menswear show slated for March 23 in Hong Kong. Production teams, travelling guests and local authorities were informed yesterday of the change, just a month before the event. from Business of Fashion https://ift.tt/AbN8SPh

Gucci and Tom Ford: The Ease of Repetition, the Challenge of Change

Sabato de Sarno and Peter Hawkings find it hard to escape from Ford’s shadow, writes Tim Blanks. from Business of Fashion https://ift.tt/tUmhgqr

Margaret Zhang to Exit Vogue China

Margaret Zhang, editor-in-chief of Vogue China, will be leaving the publication at the end of March. from Business of Fashion https://ift.tt/Z76B8nm

How OTB Gets Fashion Right

Sales at Renzo Rosso’s Breganza-based fashion group have continued to climb in a rocky market for designer apparel, validating the design-led approach that was on display at the Diesel and Marni shows this week in Milan. from Business of Fashion https://ift.tt/hngWCKX

Highsnobiety’s New Store That Isn’t a Store

At least not in the traditional sense. A soon-to-launch Berlin flagship will sell stuff, but it’s brand partnerships that are expected to make the company’s latest retail experiment work. from Business of Fashion https://ift.tt/oI2JhEy

New York Says Goodbye to Downtown Darling Puppets and Puppets

Designer Carly Mark sparked conversation about what it takes to make it as an emerging designer in New York when she announced she was shutting her ready-to-wear line and moving to London. On Thursday she held her last sample sale. from Business of Fashion https://ift.tt/WHCfdac

Prada: The Message is Love

But their powerful collection suggests that Miuccia Prada and Raf Simons aren’t naive enough to believe that love is all you need, writes Tim Blanks. from Business of Fashion https://ift.tt/tQnJSEp

Vice Media Will No Longer Publish Stories on Its Website

The company, which emerged from bankruptcy court protection last year, is restructuring its business once again. from Business of Fashion https://ift.tt/osl8xXO

In Milan, Democracy Triumphs at Diesel While Fendi Finds Its Feet

Glenn Martens and Kim Jones had a very good day on Monday. Wookies! Chuba Chups! Whatever next! from Business of Fashion https://ift.tt/Wv07Xjd

Lanvin Group Annual Revenue Flat in 2023

Its main brand Lanvin fell by 7 percent year over year, weighing on the group’s results. from Business of Fashion https://ift.tt/MP8Wusi

Oriflame Bonds Fall Further Into Distress as Profit Slides 84%

The weaker performance comes as Oriflame has been struggling with rising inflation and the impact of the war in Ukraine. from Business of Fashion https://ift.tt/kz31Agi

BuzzFeed Sells Complex for $108.6 Million

Live commerce company Ntwrk is paying $108.6 million in cash for Complex, less than half of the $300 million BuzzFeed paid for it in 2021. from Business of Fashion https://ift.tt/Kp7xTWX

Tomorrow Ltd Acquires Samuel Ross’ A-Cold-Wall

The London-based brand accelerator, a minority investor in the label since 2017, now owns 100 percent of the brand, having bought out Ross’ stake. from Business of Fashion https://ift.tt/DRF2MHn

Why It Feels Like Fashion Forgot About Black History Month

Slogan t-shirts, themed sneakers and marketing emails that mention the heritage celebration are rarer this year, as consumers grow tired of cash-in collections and corporate diversity efforts face a backlash. Some brands say they’re steering resources away from flashy gestures and towards more meaningful work. from Business of Fashion https://ift.tt/tyG8mh6

The Body Shop to Cut 300 Head Office Jobs and Almost Half of UK Stores Could Close

The retailer, which employs more than 2,200 people in the UK, called in administrators last week, less than two months after being taken over by the restructuring specialist Aurelius. from Business of Fashion https://ift.tt/MRwVQ8v

Prose Wants to Do for Skin What It Did for Hair

Prose’s custom hair products have earned it a devoted following and $135 million in annual sales. Now, it’s hoping it can repeat its success with a new personalised skin care offering. from Business of Fashion https://ift.tt/7osAph5

Rebranding Nostalgia: Burberry and JW Anderson

At London Fashion Week, nostalgia brought out the connoisseur of the arcane in designer Jonathan Anderson and the seeker of security in Burberry’s Daniel Lee. from Business of Fashion https://ift.tt/IHo4egO

In London, Creativity Under Dark Clouds

The British Fashion Council is celebrating London Fashion Week’s 40th anniversary. The city is still a hotbed of design talent but it’s tough times for young labels, writes Susanna Lau. from Business of Fashion https://ift.tt/c2VFKhC

US Investor in Talks With Superdry Co-Founder About a Bid for the Chain

The talks are at a preliminary stage and there is no guarantee that Davidson Kempner will ultimately sign an agreement with Dunkerton. from Business of Fashion https://ift.tt/Dwh6UTI

Kosas Masters the Art of Reinvention

First with Gwyneth Paltrow and now with TikTok’s Gen-Z beauty queens, Kosas has charted a course to growth through rebranding, new products and customer base expansion. from Business of Fashion https://ift.tt/Su1JWTC

The Row’s Margaux: A Birkin in the Making?

Designers Mary Kate and Ashley Olsen turned their hit bag into one of fashion’s most coveted items through scarcity, constant newness and a little bit of mystique. from Business of Fashion https://ift.tt/WZEORBu

Trump Hawks Gold, Self-Branded $399 Sneaker as Legal Fees Mount

The “Never Surrender” sneakers sold out in less than a day after Trump’s appearance at Sneaker Con in Philadelphia. from Business of Fashion https://ift.tt/7sFlM8i

The Body Shop’s Fair Trade Suppliers Left With ‘More Than $1M’ of Ingredients

The Body Shop’s fair trade suppliers who work with vulnerable people from the Amazon to Africa say they have been left with more than $1m worth of beauty ingredients that may now never be ordered or paid for by the ethical beauty chain. from Business of Fashion https://ift.tt/7oLuECW

Burberry and Gucci: Two Brands With Something to Prove This Week

Both labels are trying to reignite sales and push upmarket, but convincing consumers won’t be easy. Runway shows this week will be another chance to make their case. That, plus what else to watch for in the coming days. from Business of Fashion https://ift.tt/g8Cnzl2

Margiela and Diesel Fuel Rise in Sales for OTB Group

Despite macroeconomic conditions that challenged players across the luxury industry, sales for Milan-based OTB Group rose 10.2 percent year-over-year to €1.9 billion ($2 billion) in the financial year 2023, ended Dec. 31. from Business of Fashion https://ift.tt/pZijFbC

Why Fewer Chinese Are Shopping in Europe’s Fashion Hubs

Post-Covid spend by US tourists in Europe has surged past 2019 levels. Chinese travellers, by contrast, have largely favoured domestic and regional destinations like Hong Kong, Singapore and Japan. from Business of Fashion https://ift.tt/LO34HUF

The Emerging Brand Survival Plan: Bags, Basics and Beyoncé

To stabilise their businesses brands are honing in on what their particular consumer wants to buy, introducing new categories and starting conversations. from Business of Fashion https://ift.tt/hvTFbW8

Nike to Lay Off 2% of Workforce

The sports giant said it would redirect resources to reignite growth in its top categories. from Business of Fashion https://ift.tt/8G9BjnY

US Senator Urges SEC to Block Shein IPO Unless China Operating Risk Disclosed

Republican Senator Marco Rubio wrote that Shein’s recent decision to request approval from Beijing for a prospective US IPO “raises serious doubts” about the accuracy of the company’s filings. from Business of Fashion https://ift.tt/YaVCyc6

EssilorLuxottica Margin Just Below Expectations on Inflation Hit

Sales for the fourth quarter totaled €6.25 billion ($6.7 billion). from Business of Fashion https://ift.tt/st7iDyR

NYC Sues Social Media Platforms Over Teen Mental-Health Concern

The city filed a lawsuit on Wednesday in California state court in Los Angeles against Meta, TikTok Inc. and Google LLC. from Business of Fashion https://ift.tt/WyF49JI

How The Body Shop Influenced Generations

Since the brand was founded in 1976, it has served as a gateway to adolescence for generations of young people. from Business of Fashion https://ift.tt/Y4HK8pR

The Fashion and Management Missteps That Left Express Clinging to Solvency

The retailer has struggled to keep pace with the times and has occupied an increasingly untenable spot: not prestigious enough to compete with the luxury brands, yet too expensive to go head-to-head with rapidly growing low-cost rivals. from Business of Fashion https://ift.tt/TDv2puW

How L’Oréal Luxe Used Fashion Deals to Become Prestige Beauty’s Biggest Player

At a Paris event showcasing fragrance innovation, L’Oréal Luxe’s president Cyril Chapuy spoke to BoF about how the group’s licensing strategy helped it surpass rivals to become the world’s number-one luxury beauty group last year. from Business of Fashion https://ift.tt/KIcEOF1

Coach’s Stuart Vevers: Sustainability ‘Has to Come From Designers’

The creative director used his New York fashion catwalk as a staging ground for a series of upcycled looks. from Business of Fashion https://ift.tt/DYLa8X1

China Online Beauty Sales Surge in January

Data from Bernstein indicates a market-wide recovery, once the impact of a protracted decline in duty-free beauty is stripped out. from Business of Fashion https://ift.tt/4Y89f3b

Tiger Woods Debuts New Lifestyle Brand Sun Day Red

Just over a month after announcing his split with Nike after 27 years last month, Tiger Woods is back in the golf wear game. from Business of Fashion https://ift.tt/UN5fWEv