Fashion World News

As it prepares to go public, the company is wooing investors as a luxury brand, but it looks more like Dr Martens, in that it’s reliant on a signature shoe style that risks falling out of fashion, argues Andrea Felsted. from Business of Fashion https://ift.tt/wTbiJCZ

The company’s turnaround strategy to lower promotions and focus on right product assortment is yielding results after weak growth last year due to lacklustre demand and supply chain issues. from Business of Fashion https://ift.tt/vpn3BK5

Shipments rose 4.5 percent by value to 2.1 billion Swiss francs ($2.3 billion) in April from a year earlier, the Federation of the Swiss Watch Industry said Thursday. from Business of Fashion https://ift.tt/tabdJxB

The appointment of the LVMH-prize finalist and former design director at The Row signals a return to the runway for the US brand, which hasn’t had a marquee creative director since the departure of Raf Simons in 2018. from Business of Fashion https://ift.tt/YNv714k

ShopMy, a four-year-old influencer monetisation platform, has attracted over 50,000 creators, making inroads in a space long ruled by incumbent player LTK. Tensions rose to new heights this week after LTK sued ShopMy for false advertising. from Business of Fashion https://ift.tt/kQLwuFT

The Council of Fashion Designers of America and Vogue announced the finalists for the 20th edition of the CFDA/Vogue Fashion Fund award. from Business of Fashion https://ift.tt/FIf9u6U

The retailer’s revenue rose for the sixth straight quarter to $1 billion. from Business of Fashion https://ift.tt/4h1wRko

Beauty is in the midst of “merch” madness, with brands rushing to debut branded sweatshirts, stickers and more in hopes of securing viral hits like Rhode’s lipgloss phone case. But as more brands focus on merch, making products that stand out takes a sharper strategy. from Business of Fashion https://ift.tt/QBV3Oo7

The Comme des Garçons-owned retailer’s new Paris location is taking a radical — and risky — gamble on indie labels over big brand concessions at a challenging moment for the fashion market. ‘The hunger for sure is out there — I feel it,’ said CEO Adrian Joffe. from Business of Fashion https://ift.tt/RqZl6WY

The rise in shop prices slowed to 0.6 percent in the first week of May, its lowest since the end of 2021, the British Retail Consortium said on Tuesday. from Business of Fashion https://ift.tt/PMh9u6c

Children as young as five are working to pick perfume ingredients used by suppliers to top brands, a BBC Eye investigation found. from Business of Fashion https://ift.tt/rS4Bibp

As customer engagement with wellness practices matures, performance-based science and activities are increasingly popular and distinguishing providers in the market. BoF meets the VP of wellbeing at Auberge Resorts Collection, to discuss emerging trends in wellness and health and discover more about Auberge luxury resort Stanly Ranch’s best-in-class performance-suite and products. from Business of Fashion https://ift.tt/qcd1Jb8

The Cyberspace Administration of China is aiming to discourage wealth displays from the likes of Douyin star Wang Hongquanxing, as well as punishing influencers for sharing misinformation according to reports in the FT and BBC. from Business of Fashion https://ift.tt/LK3rg86

LVMH Fashion Group’s managing director Pierre-Emmanuel Angeloglou will add CEO of the Roman brand to his responsibilities, according to an internal announcement. from Business of Fashion https://ift.tt/Hx8XZBt

Luxury sneaker brand Golden Goose SpA plans to kick off an initial public offering in Milan as soon as this week, according to people familiar with the matter, extending a strong rebound in European listings this year. from Business of Fashion https://ift.tt/45qBJXG

Gap Inc. will follow up a month of red-carpet highlights with an update on whether its efforts to reignite sales are paying off. from Business of Fashion https://ift.tt/5luYK4a

The funding round was led by Walmart, which last year invested nearly $600 million in the homegrown e-commerce firm that competes with Amazon.com Inc. in India. from Business of Fashion https://ift.tt/Sfc0FqQ

As global travel flows return to pre-pandemic levels, luggage brand July is evolving its offering, placing the needs of new consumers at the centre of its strategy. BoF speaks to co-founder and director Athan Didaskalou to learn more. from Business of Fashion https://ift.tt/gSkHVIW

The Swiss brand out-sparkles rivals with a strategy aimed at driving sales as well as image. This year the company dressed Greta Gerwig, Demi Moore and Bella Hadid as well as hosting clients to view (and purchase) its high jewellery range. from Business of Fashion https://ift.tt/fPzNgL8

Shares of the North Face owner, which have declined 34.5 percent so far this year, were down nearly 8 percent in extended trading. from Business of Fashion https://ift.tt/goxpavH

Lower prices compared to department stores and cooling inflation have allowed shoppers more room to shop outside just essentials, boosting demand across product categories for the off-price retailer. from Business of Fashion https://ift.tt/VpQJZRl

With the Paris Olympics on the horizon and viewership for women’s sports growing, the time is ripe for beauty brands to tap the power of female athletes. from Business of Fashion https://ift.tt/ZhYrxgA

Central to global jewellery brand Pandora’s growth strategy is a creative process that leverages customer behaviour and more sustainable innovation. BoF hears from creative directors Francesco Terzo and A. Filippo Ficarelli to understand their ambitions. from Business of Fashion https://ift.tt/IMOjHbk

Nike’s upcoming launch with WNBA star A’ja Wilson is the latest in a wave of sponsorship and endorsement deals capitalising on the growing popularity of the sport. from Business of Fashion https://ift.tt/A5n0kPT

The sports-themed sex shop has laid off staff and is managing unsold inventory, but founder Justin Kerzner says sexual wellness has a future in physical retail. from Business of Fashion https://ift.tt/zXn4qeD

BoF Insights and Quilt.AI co-created The BoF Brand Magic Index to quantitatively analyse the brand-customer relationship. Using AI-driven analysis of tens of thousands of social media posts, the Index ranks fashion and luxury’s 50 most powerful brands based on the clarity of their identity and their relevance in culture between October 2023 and March 2024. from Business of Fashion https://ift.tt/9OIj4ls

“This has been by far one of the hardest and most important decisions I have ever made,” the sustainability-focused designer said in an Instagram post. from Business of Fashion https://ift.tt/nmTtrIi

Earnings season kicks into high gear, with companies riding high and plumbing new lows reporting. from Business of Fashion https://ift.tt/0K275UG

Carter joins the company from makeup artist Danessa Myricks’ namesake cosmetics label, where she was CMO. from Business of Fashion https://ift.tt/nstoVGb

The companies are the latest additions to the Uyghur Forced Labor Prevention Act Entity List that restricts the import of goods tied to what the US government has characterised as an ongoing genocide of minorities in China’s Xinjiang region. from Business of Fashion https://ift.tt/wDfJump

The management shakeup was announced as the Cartier owner reported mixed sales results including an unexpected turnaround in the US. from Business of Fashion https://ift.tt/jNtgPbq

Craig Green, Ottolinger and Louis Gabriel Nouchi have been tapped to design for the fifth edition of the project by Netherlands-based tannery Ecco Leather, now known as Ecco.Kollektive. from Business of Fashion https://ift.tt/Q1npls8

In a step-change from previous Olympic advertisements, the consumer goods giant plans to focus on promoting individual brands rather than its overall corporate values. from Business of Fashion https://ift.tt/nNUfrRi

The reduction isn’t expected to last however, with the industry’s emissions still on track to grow by more than 40 percent by 2030, according to a new report. from Business of Fashion https://ift.tt/roHlgEm

In an Instagram post, the intimates retailer said the show will “reflect who we are today, plus everything you know and love.” from Business of Fashion https://ift.tt/pZFtPOe

Two of the brand's previous grantees — The Established and Ceylon — which each received a $50,000 infusion from Glossier just years ago, have closed their businesses due to a rough financial climate. With fresh injections of capital, the beauty label is hoping it can help others avoid the same fate. from Business of Fashion https://ift.tt/oeV0gTa

Nike is undergoing a $2 billion cost-cutting plan that includes slashing 2 percent of its workforce. from Business of Fashion https://ift.tt/7gjFLXC

During her tenure, Drucker Mann was instrumental in ushering the business into the digital age, said Roger Lynch, Condé Nast’s chief executive. from Business of Fashion https://ift.tt/S0e3n8i

From medspas to telemedicine, weight loss drugs are becoming adopted for mainstream cosmetic use. from Business of Fashion https://ift.tt/oAJRH6S

And stubborn Sabato De Sarno doubles down with his Cruise ‘25 show for the brand, writes Tim Blanks. from Business of Fashion https://ift.tt/5W6yJvj

More than a year after the ultra-fast-fashion company said it would tackle issues of unlawful overtime, 75-hour weeks remain common in its supply chain, Swiss watchdog Public Eye found. from Business of Fashion https://ift.tt/ZkoMrU7

Mature consumers have long been ignored by the beauty industry. Now a small but growing number of emerging brands are responding to the needs of those over the age of 45 in a bid to cash in on their $15 trillion spending power. from Business of Fashion https://ift.tt/hTZ7orN

Chinese e-commerce giants Alibaba and JD.com have faced increasing competition in recent years from low-cost platforms, such as PDD Holding’s Pinduoduo and ByteDance-owned Douyin. from Business of Fashion https://ift.tt/EUBqx9N

Canada, France and Ireland are among the countries working with home-grown fashion talent to create uniforms for their teams at this summer’s Olympic Games. For these small labels, it’s an unprecedented opportunity to capitalise on one of sports’ largest events. from Business of Fashion https://ift.tt/y8QYdjb

The futures of multi-brand luxury heavyweights Yoox Net-a-Porter and Neiman Marcus may be decided in the coming days. from Business of Fashion https://ift.tt/4WFqeo9

Ouai founder Jen Atkin’s 10-year-old editorial hair care site Mane Addicts has effectively shut down. from Business of Fashion https://ift.tt/B7Cb4h9

The lingerie maker said Thursday that its preliminary sales and adjusted profit for the quarter ended May 4 were at the high end or above its prior projections. from Business of Fashion https://ift.tt/nUQIXxr

Fashion retailers are promoting fewer store employees into corporate roles, missing out on key expertise and diversity as a result. from Business of Fashion https://ift.tt/hYSERPF

The American apparel chain has returned to the Manhattan retail neighbourhood for the first time since 2017. from Business of Fashion https://ift.tt/7bjQfvo

Overconsumption and fast fashion have become easy targets for brands flexing their climate-friendly attributes. Consumers may agree with the message — but take issue with a self-righteous tone. from Business of Fashion https://ift.tt/kteY6cR

Fabiola Torres, who has also held leadership roles at Nike and Apple, will oversee the group's marketing, merchandising and store experience functions. from Business of Fashion https://ift.tt/fLNung2

Allbirds’ revenue dropped 28 percent year over year to $39 million in the first quarter of the year as demand for its sneakers remains weak, the company reported on Wednesday. from Business of Fashion https://ift.tt/02coWDe

Kenvue beat Wall Street estimates for first-quarter profit on Tuesday, and said it would cut 4% of its global workforce amid the Tylenol and Band-Aid maker’s efforts to expand its key brands. from Business of Fashion https://ift.tt/0dXwHD4

Well, not exactly. But some surprising names made an impression on the red carpet alongside the likes of Loewe, Alaïa and Balmain. from Business of Fashion https://ift.tt/seiT9lA

The Swiss watch sector’s slide appears to be more pronounced than the wider luxury slowdown, but industry insiders and analysts urge perspective. from Business of Fashion https://ift.tt/XnVHOwr

Traces of cotton from Xinjiang were found in nearly a fifth of samples from American and global retailers, highlighting the challenges of complying with a US law aimed at blocking imports that could be linked to forced labour in China. from Business of Fashion https://ift.tt/9LS5ohB

The LVMH-linked firm is betting its $545 million stake in the Italian shoemaker will yield the double-digit returns private equity typically seeks. from Business of Fashion https://ift.tt/Vzq2bBY

Beauty company Coty beat Wall Street expectations for third-quarter revenue on Monday and said it expects to achieve the high end of its annual targets, riding on steady global demand for its luxury and mass-market products. from Business of Fashion https://ift.tt/qAXZ4SG

Despite threats of disruption from protests, the Condé Nast union and TikTok’s legal woes, the event continued as planned with attendees dazzling in bespoke and archival ensembles. from Business of Fashion https://ift.tt/K3sjaFI

The Japanese skincare company has recruited the likes of softball player AJ Andrews and Anna Leigh Waters to reach new audiences and grow awareness. from Business of Fashion https://ift.tt/ZNVyQYo

The designer — whose bright, arty clothes earned him a place in the 2021 LVMH Prize Finals, and a guest designer post for Louis Vuitton — curated a set at the Netflix Is a Joke Festival this weekend, the latest example of his creative approach to building brand awareness. from Business of Fashion https://ift.tt/f0E1INZ

The Coach owner’s results will provide another opportunity to stick up for its acquisition of rival Capri. And the Met Gala will do its best to ignore the TikTok ban and labour strife at Conde Nast. from Business of Fashion https://ift.tt/fhagHS7

The race to dress fashion’s biggest stars has gotten tighter — and brands are deploying fresh, social media-friendly tactics to generate buzz. from Business of Fashion https://ift.tt/4PTHpx0

Nordstrom shares rose 6 percent on the news, giving the company a market value of about $3.3 billion. from Business of Fashion https://ift.tt/WnLX65h

Demand for the drugs has proven insatiable. Shortages have left patients already on the medications searching for their next dose and stymied new starters. from Business of Fashion https://ift.tt/MXxPLIE

The company reported a long-awaited lift in net sales in its third quarter results, with increases from skincare leading the way, but clouds persist over its China recovery. from Business of Fashion https://ift.tt/7eRzUbY

Despite a brief uptick in sales, up 24 percent between 2021 and 2022, the brand’s growth has stalled. from Business of Fashion https://ift.tt/FAlETgW

The British fashion and homewares company said Wednesday that full price sales climbed 5.7 percent in the first quarter, which was slightly ahead of an expected 5 percent rise. from Business of Fashion https://ift.tt/JHEZQze