Fashion World News

The Business of Fashion is seeking candidates for a six-month, part-time, paid reporting fellowship with our editorial team, designed to empower aspiring Black journalists. from Business of Fashion https://ift.tt/zhpqF5A

The listing drew orders for multiple times the number of shares available and is contributing to a broad resurgence of European initial public offerings. from Business of Fashion https://ift.tt/J9tEYa4

The online fast fashion retailer is moving into other categories and has given brands and retailers access to its platform in nine European countries so far, having done so in the United States, Brazil, and Mexico last year. from Business of Fashion https://ift.tt/H2aSb7d

The DTC bust of the past two years has casted a cloud on the sector, but emerging fashion brands with a better handle on supply, demand and customer retention are seeing profitable growth. from Business of Fashion https://ift.tt/cZN8WKD

The union delivered the announcement through a video at a bargaining session today, promising “a week of union actions” in the statement. from Business of Fashion https://ift.tt/uVRiznT

BoF Careers provides essential sector insights for fashion's technology and e-commerce professionals this month, to help you decode fashion’s commercial and creative landscape. from Business of Fashion https://ift.tt/9IRl7mn

When done effectively, a cultural partnership can rightfully earn its own place in the zeitgeist. But it’s not so easy as just hiring a celebrity to star in an ad campaign; brands must choose a partner that makes sense, find the format that fits best and amplify that message to consumers. from Business of Fashion https://ift.tt/UuIs1qg

The deal is expected to help tip the company into profit for the first time and has got some speculating whether Beckham may one day eclipse her husband in money-making potential. from Business of Fashion https://ift.tt/XlAzhDF

The Spanish beauty and fashion conglomerate’s smart acquisitions and diverse portfolio could be a big draw for investors. Plus, Adidas is set to confirm its stellar first quarter. from Business of Fashion https://ift.tt/likKmsj

The designer has always been an arch perfectionist, a quality that has been central to his success but which clashes with the demands on creative directors today, writes Imran Amed. from Business of Fashion https://ift.tt/iR5E8C3

Request your invitation to attend our annual gathering for leaders shaping the global beauty and wellness industry. from Business of Fashion https://ift.tt/7h3gSYX

The algorithms TikTok relies on for its operations are deemed core to ByteDance overall operations, which would make a sale of the app with algorithms highly unlikely. from Business of Fashion https://ift.tt/QCS7e4J

Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands. from Business of Fashion https://ift.tt/z0edhJT

Shana Randhava, Priya Venkatesh, Heela Yang and Robin Tsai will join Imran Amed and Priya Rao to identify the entrepreneurs shaping the future of the beauty industry. from Business of Fashion https://ift.tt/Rq8XEJI

The administrators said the retailer’s 541 known unsecured creditors are owed at least £35.6 ($44.2 million) but are unlikely to collectively receive more than £800,000 ($996,000), or “less than a penny in the pound.” from Business of Fashion https://ift.tt/QzHA3Ec

President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban. from Business of Fashion https://ift.tt/5wWj2La

The European Parliament approved rules on Tuesday to ban in the EU the sale, import and export of goods made using forced labour. from Business of Fashion https://ift.tt/qmVhfIL

The Los Angeles-based accessories label has been a well-kept secret in the industry, but founders Yang Pei and Stephanie Li are hoping to change that through new acquisitions, opening brick-and-mortar stores and using AI to speed up the design and production process. from Business of Fashion https://ift.tt/N4EvXam

On Sept. 10 the eight designers will present their collections at the Louis Vuitton Foundation in Paris. from Business of Fashion https://ift.tt/65owBTW

The Colombian designer, whose bags have been worn by celebrities and featured on shows like Sex and the City, previously pled guilty to illegally importing millions of dollars of crocodile and snakeskin handbags into the US. from Business of Fashion https://ift.tt/Ptnu0qH

Millennial and Gen-Z respondents were among the most likely to pay a premium for environmental-friendly practices. from Business of Fashion https://ift.tt/KV2ZgLe

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from Business of Fashion https://ift.tt/b2fNiR8

In London, where independent labels have been hit hard by the implosion of key stockist Matches, brands like Clio Peppiatt, Marfa Stance and Completedworks have grown direct-to-consumer businesses that peers can learn from. from Business of Fashion https://ift.tt/liwh1V9

This week, more luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get. from Business of Fashion https://ift.tt/JLAoSZI

Nike Inc. will have eliminated about 740 jobs at its headquarters by late June as part of its multiyear cost-cutting plan. from Business of Fashion https://ift.tt/BbVPM6j

Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its pricey Tide detergent and Dawn dish soap. from Business of Fashion https://ift.tt/TEobv26

After preserving his fashion empire’s independence for decades, the 89 year-old designer is taking a more open stance to M&A. from Business of Fashion https://ift.tt/TDcUMQN

Next week, MoMu, Antwerp’s fashion museum, will unveil a major exhibition celebrating the work of Belgian photographer Willy Vanderperre. from Business of Fashion https://ift.tt/ox7rfJK

Frédéric Malle announced on Apr. 18 that he will be leaving his brand Editions de Parfums Frédéric Malle at the end of June. from Business of Fashion https://ift.tt/AcLU94B

Beauty labels hope to court the concert set, looking to Coachella, Stagecoach and Lollapalooza for both brand awareness and trendsetting. from Business of Fashion https://ift.tt/FTWlAb2

The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson. from Business of Fashion https://ift.tt/eJsQpyv

Black founders carry a markedly higher burden when it comes to educating investors on the value and viability of their business ideas — but there is an art and science behind knowing when your brand is ready and what kind of investors will be the best fit. from Business of Fashion https://ift.tt/EBUn5IP

Harvey Nichols has named Julia Goddard chief executive following the departure of Manju Malhotra — who held the post for 25 years — in late 2023. from Business of Fashion https://ift.tt/bl5ywd2

The Hood By Air co-founder’s ready-to-wear capsule for the Paris-based perfume and fashion house will be timed to coincide with the Met Gala in New York. from Business of Fashion https://ift.tt/b9IROYH

The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and Versace under one roof, still awaits approval from the United States. from Business of Fashion https://ift.tt/1XAtKPb

French fashion house Balmain has appointed Matteo Sgarbossa as chief executive, effective May 6. from Business of Fashion https://ift.tt/Z3JuwDg

The nature of working in retail is changing at pace as the purpose of stores continues to evolve. BoF Careers examines how in-store employees can hone and develop their skill sets for success in retail or its adjacent industries, sharing expertise from retail leaders and fashion executives who began their careers on the shop floor. from Business of Fashion https://ift.tt/UzV4Ohb

The brand’s scaled-back Revolve Festival points to a new direction in its signature influencer marketing approach. from Business of Fashion https://ift.tt/fF19ZDk

The larger-than-life Italian designer, who built a fashion empire based on his own image, died in Florence last Friday. from Business of Fashion https://ift.tt/RzOpNg5

This week, designers, collectors and major fashion brands will flock to Milan’s design fair. Also, LVMH reports first-quarter sales. from Business of Fashion https://ift.tt/FMuH73C

The designer synonymous with vibrant animal prints and sand-blasted denim, has died in Florence. from Business of Fashion https://ift.tt/7AzsMFZ

Apparel start-ups founded on the promise of offering men the perfect t-shirt are proving resilient in an otherwise dreary DTC sector rampant with fire sales, bankruptcies and steep revenue declines. from Business of Fashion https://ift.tt/ipX9ArN

The stock surged as much as 226 percent in intraday trading Thursday after the company reported fourth-quarter revenue and adjusted earnings that beat Wall Street expectations. from Business of Fashion https://ift.tt/RUNnzYx

Health officials in Tennessee and Illinois this week said they were investigating cases of botulism-like illnesses that appeared connected to Botox injections received in a non-medical setting. from Business of Fashion https://ift.tt/i83EhTq

Deciem’s other skincare brand, NIOD, also sells serums with names straight out of a lab, but with more complex formulations and higher-end packaging. A decade into the science-backed skincare craze, the company believes its consumers are ready to move upmarket. from Business of Fashion https://ift.tt/yOsiTPv

Louis Vuitton marketing chief Stefano Cantino is joining the Kering flagship as it attempts to reignite growth under CEO Jean-François Palus and creative director Sabato de Sarno. from Business of Fashion https://ift.tt/rpWRDm3

Apparel brands Knot Standard and Billy Reid are teaming up in a move investors say we may see more of as fashion start-ups seek alternative funding routes to grow their businesses. from Business of Fashion https://ift.tt/3YxCOAm

The appointments of Richard Clark and Richard Markee as independent directors also resulted in Arkhouse withdrawing its board nominees, the company said. from Business of Fashion https://ift.tt/yOVocZC

The technology is making it easier than ever to create fake reviews faster, better and at greater scale, creating more risk to shoppers being taken in by bogus testimonials. from Business of Fashion https://ift.tt/p0CLWub

Manhattanites had little love for the $25 billion megaproject when it opened five years ago (the pandemic lockdowns didn't help, either). But a constantly shifting mix of stores, restaurants and experiences is now drawing large numbers of both locals and tourists. from Business of Fashion https://ift.tt/BAvXmVM

Watch revenues at the French leather goods powerhouse have surged since the launch of its H08 sports range in 2021. Now Hermès is hoping to keep up the momentum with a mechanical sports watch aimed at women called Cut. from Business of Fashion https://ift.tt/jgsKSJN

Allbirds on Monday said it received a notice from Nasdaq flagging its share price remaining below $1 for a month. The embattled sneaker seller has six months to trade at more than $1 for at least 10 consecutive days or risk being delisted, but it could receive another six months extension if it doesn’t meet that deadline. from Business of Fashion https://ift.tt/MrHRTxq

Social media and reality TV shows such as Love Island have promoted an aesthetic that is fuelling medical tourism for hair transplants, Brazilian butt lifts and tummy tucks abroad. from Business of Fashion https://ift.tt/EawPZ9C

The company is in discussions to buy 745 Fifth Ave, joining the competition among the world’s top retailers to snap up spots on New York’s iconic luxury shopping corridor. from Business of Fashion https://ift.tt/qJMiDNY

Led by brands including Rolex, Patek Philippe and Audemars Piguet, prices for pre-owned watches soared to unprecedented levels in 2021 and early 2022 as speculators, boosted by low interest rates and soaring cryptocurrency values, snapped up expensive Swiss timepieces. from Business of Fashion https://ift.tt/uQB6i8j

From security checkpoints to spiking hotel prices, fashion brands are struggling to plan for the upcoming men’s and haute couture fashion weeks — and separate fact from fiction — in the lead-up to the 2024 Summer Games. from Business of Fashion https://ift.tt/91S3nlT

The Barcelona-based, family-owned firm plans to file the so-called Intention to Float document as soon as April 8. from Business of Fashion https://ift.tt/iwWTGUe

The two-weekend music festival kicks off on Friday amid questions about whether it’s losing its cachet with music lovers – and its status as one of fashion’s top marketing opportunities. from Business of Fashion https://ift.tt/n0Q84ey

The fate of TikTok has become a major issue in Washington where lawmakers have been flooded with calls from users who oppose the legislation. from Business of Fashion https://ift.tt/AW1x7Xv

Avon, the cosmetics group owned by The Body Shop’s former parent company Natura owed just over £13 million. from Business of Fashion https://ift.tt/j2StrXW

BoF condenses key insights and learnings from the world’s largest B2B beauty and cosmetics event, and the trends driving success in the beauty industry today, as shared at Cosmoprof Worldwide 2024, featuring expertise from industry leaders at L’Oréal, Shiseido, Goop, Merck Group, Euromonitor and more. from Business of Fashion https://ift.tt/CeUS65j

The Spanish retailer described the new line, due to launch on Apr. 23, as “a perfect blend of classic British luxury.” from Business of Fashion https://ift.tt/4ejW0O8

The French beauty group has been holding talks on the possible purchase of a minority stake in Amouage but there’s no certainty the deliberations will lead to a transaction and details of the potential deal could change. from Business of Fashion https://ift.tt/Wiz0TJU

The retailer’s stock plunged as much as 15 percent Wednesday. from Business of Fashion https://ift.tt/DExGyTw

BoF and Ekimetrics brought together CMOs, CBOs and leaders from the New York fashion industry to discuss the shift from performance to brand marketing. Executives from Gucci, Givenchy, Versace, Estée Lauder, Victoria Beckham Beauty, Saks Fifth Avenue, Neiman Marcus Group, Ganni, Artizia, Anine Bing and Vestiaire Collective shared their insights. from Business of Fashion https://ift.tt/FHwL70B

Bizzarri’s new company Nessifashion, set up in Rome in February, aims to invest in other companies and offer strategic advice to those companies, among other possible goals. from Business of Fashion https://ift.tt/04DnBsG

Warby Parker and Everlane are partnering with small but buzzy fashion brands as it remains expensive and competitive for DTC brands looking to generate profitable sales to reach customers. from Business of Fashion https://ift.tt/KabME82

Outgoing group CEO André Hoffmann is taking a majority stake in the brand, while Grown Alchemist CEO Anna Teal will have minority ownership. from Business of Fashion https://ift.tt/A39H7jo

The clothier, which also owns the Tommy Hilfiger, said it expects revenue this year to decrease 6 percent to 7 percent, compared with a 2 percent increase last year. from Business of Fashion https://ift.tt/259v4Tb

The move follows the company posting losses for the last three quarters due to weak demand as well as increased investments in some brands. from Business of Fashion https://ift.tt/aWomj3Y

The company, which is growing rapidly around the world by using social media to promote its goods, recorded sales of about $45 billion last year and a profit of more than $2 billion. from Business of Fashion https://ift.tt/wBNglr2

The global industry is turning its attention towards India with a slew of international brands bringing their best selling products to the subcontinent. But local lines are leveraging their close proximity to the customer to produce products that have a perfect market fit for regional shoppers and the diaspora alike. from Business of Fashion https://ift.tt/l5IB6aw