Fashion World News

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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

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

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

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

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

This month, BoF Careers provides essential sector insights to help PR & communications professionals decode fashion’s creative landscape. from The Business of Fashion https://ift.tt/lRSGy21

The legacy Florentine retailer is betting its new sprawling outpost in New York’s trendy NoHo neighbourhood can become an indelible retail destination for the city’s discerning fashion crowd. from The Business of Fashion https://ift.tt/Klq0zLj

Saudi Arabia’s Public Investment Fund could increase its stake in the British retailer to 50 percent, Bloomberg reports. from The Business of Fashion https://ift.tt/6DygIsT

How “the skin barrier” became a stand-in for American female rage. from The Business of Fashion https://ift.tt/c5x1tlP

Offering sizes 00 to 40, DTC brand Universal Standard has seen continued demand for plus-size products despite the ubiquity of weight-loss drugs. Now, the New York-based label is taking on new markets through a series of travelling trunk shows, no stores needed. from The Business of Fashion https://ift.tt/WgY9wMr

The e-commerce giant captured about 60 percent of all online spending on Prime Day, compared with 40 percent on a typical day, making it difficult to grow much further, according to EMarketer, an industry research firm. from The Business of Fashion https://ift.tt/PALkglw

This September, the Vox Media-owned publication, a vertical of New York magazine, will publish its viral essays, fashion coverage and pop culture hot takes in its first standalone issue. from The Business of Fashion https://ift.tt/JbG8O4v

North Face owner VF Corp is selling the streetwear juggernaut to the Italian eyewear giant for $1.5 billion in cash. BoF breaks down the deal. from The Business of Fashion https://ift.tt/4VwlUjn

The two companies have previously faced off in the United States, where a jury rejected Adidas’ trademark lawsuit last year, a decision upheld on appeal in May. from The Business of Fashion https://ift.tt/rzPWNTM

The moves are part of an “elevating and upgrading” strategy in the division, the luxury group said. from The Business of Fashion https://ift.tt/mpFWtZq

VF Corp. will offload the skater-inflected apparel giant at a significant discount amid sliding sales and declining interest in streetwear.. from The Business of Fashion https://ift.tt/FJZpTe5

The two terms are used interchangeably to describe those who make a living sharing content online. But doing so may ignore the fact that having sway is often the key to success in the sector. from The Business of Fashion https://ift.tt/cpSzI6K

Kiss will be tasked with growing the magazine’s readership and reach as well as establishing the publication as a household name. from The Business of Fashion https://ift.tt/K5EhN8n

Balenciaga is bringing runway content to Apple’s ‘spatial computing’ headset, even as the device’s sales slow. from The Business of Fashion https://ift.tt/QVXCW7G

Dossier, a brand known for its affordable imitations (known as ‘dupes’) has branched out to offer its own original scents. Making them as popular as its core offering could be a stretch. from The Business of Fashion https://ift.tt/ZRW0wcm

The Cartier owner posted a slight rise in sales in the first quarter as solid results from its jewellery brands offset declines from China and its luxury watchmakers. from The Business of Fashion https://ift.tt/XxdLetM

The four-year-old brand has reached eight figures in sales with a whole-hearted embrace of lab-grown stones and a more casual, everyday approach to jewellery. from The Business of Fashion https://ift.tt/sMVw0Py

The former Tiffany & Co. exec succeeds Laurent Claquin, now group chief brand officer at the Gucci owner. from The Business of Fashion https://ift.tt/Olv91CW

The British trench coat maker has named Joshua Schulman its new chief executive, replacing Jonathan Akeroyd, as its latest attempt to push upmarket fails. from The Business of Fashion https://ift.tt/0qfozAI

The K-beauty brand’s first venture into sports will launch at the WNBA All-Star Weekend later this month, amid a flurry of interest from fashion and beauty brands in women’s basketball. from The Business of Fashion https://ift.tt/FNYHL13

Both companies could (though mostly likely won’t) use results this week to address speculation about key elements of their business. That, plus Amazon Prime Day returns. from The Business of Fashion https://ift.tt/jPi1Unm

BoF founder and editor-in-chief Imran Amed sits down with Bob Safian for the Rapid Response podcast to examine the current state of the global fashion business. from The Business of Fashion https://ift.tt/lINepTG

After rising steadily for years, the cost of apparel in the US may be nearing an inflection point, between cooling inflation and fed-up shoppers. But experts say retailers still have room to raise prices on certain items. from The Business of Fashion https://ift.tt/Jepqojb

The executive will depart from the company in June 2025. from The Business of Fashion https://ift.tt/dlKRzMe

We are crossing over into a new era where competitive advantage for major retailers which will come, not through further extraction of value from society, but through contribution of value to society, argues futurist Doug Stephens. from The Business of Fashion https://ift.tt/zUBL1nl

Makeup and skincare brand Inglot is ramping up its distribution strategy as it leans into its core value of delivering scientific, research-driven skincare and makeup products. BoF sits down with its newly-appointed CEO to learn more. from The Business of Fashion https://ift.tt/hMNi81H

In an effort to compete with Amazon’s Prime Day, Walmart, Target and Shein hope to entice parents to start back-to-school shopping earlier than usual. from The Business of Fashion https://ift.tt/8UObYaM

The Y2K-favourite brand has been acquired by brand management firm WSG, which hopes to turn the brand’s recent spurt of relevance online into sales of trucker hats and tees. from The Business of Fashion https://ift.tt/9r3bWjl

Andrea Baldo will replace longtime CEO Thierry Andretta. from The Business of Fashion https://ift.tt/Li75S0a

CEO Hanno Kirner said the cuts were a result of the company’s fast growth. from The Business of Fashion https://ift.tt/jqyZNpo

Analysts expect the German sportswear brand to report a profit margin of 51.4 percent for the second quarter - its highest in three years. from The Business of Fashion https://ift.tt/Wcbo7Ox

Alison Bringé, chief marketing officer of software, data and insights company Launchmetrics, and Shaina Zafar, an executive at the Next Gen Practice at UTA Marketing, discuss best practices to reach Gen-Z consumers and how to connect with this critical cohort. from The Business of Fashion https://ift.tt/ODTQmU3

Tom Peddie, a veteran executive who worked at Nike for 30 years before the company announced his retirement in 2020, is returning as its vice president of marketplace partners. from The Business of Fashion https://ift.tt/zKWMuEf

At Graduate Fashion Week 2024, BoF Careers sat down with four mental health and HR professionals to dive into the unique pressures posed by the fashion industry, the impacts these can have on employee mental health, and how to overcome them. from The Business of Fashion https://ift.tt/KxqdBb0

Emerging and established labels today are realising they can’t be exclusively DTC or wholesale. What’s essential is to strike the right balance of both. To do that, brands are streamlining retail partners, better curating products for different channels and leveraging the individual strengths of wholesale and DTC to bolster their sales and profits in each. from The Business of Fashion https://ift.tt/Xo4cawQ

The British fashion house has reportedly begun a 45-day consultation process following a sharp decline in its stock market value. from The Business of Fashion https://ift.tt/AETJt8Z

A post-pandemic surge in tourism has continued for another summer. But where travellers shop, and how much they spend, has changed. from The Business of Fashion https://ift.tt/X1Y0oip

The opposition Labour party’s landslide victory is most remarkable for the lack of drama it is expected to bring in an increasingly politically tumultuous world. from The Business of Fashion https://ift.tt/SxgAa1q

Change-makers Malala Yousafzai and HRH Princess Beatrice, together with sporting icons Maria Sharapova and Billie Jean King, joined BoF’s Imran Amed and Aman Essentials’ Kristina Romanova for a dinner in London’s Mayfair. from The Business of Fashion https://ift.tt/92GiCps

A $2.65 billion merger of two of America’s largest department stores, with involvement from Amazon and Salesforce, is a bet that scale and technology can breathe new life into an ailing business model. from The Business of Fashion https://ift.tt/vcaPkwr

Arkhouse Management and Brigade Capital Management have raised their bid to buy Macy’s for about $6.9 billion, the Wall Street Journal reported on Wednesday citing people familiar with the matter. from The Business of Fashion https://ift.tt/fdVXEoP

The Japanese beauty conglomerate will develop, produce and manufacture fragrances for Max Mara, which has not sold perfume since it discontinued a line of scents launched in the mid 2000s. from The Business of Fashion https://ift.tt/S7QXIw4

The $2.65 billion deal includes financial assistance from Amazon, according to the Wall Street Journal. from The Business of Fashion https://ift.tt/x5cmHKh

Beauty brand incubator Luxury Brand Partners, owner of the premium cosmetics and hair care lines, has tapped The Sage Group to suss out their options. By getting to this stage, they’ve reached a tier many incubated brands don’t. from The Business of Fashion https://ift.tt/3SilImX

The brands that are most understood by their customers are those that maintain consistent codes even in the face of changing trends, according to the latest reading from The BoF Brand Magic Index, powered by Quilt.AI. from The Business of Fashion https://ift.tt/sTkWcdX

Owner LVMH has appointed Louis Vuitton executive Alessandro Valenti Givenchy’s new chief, opening a ‘new chapter’ for the French couture house as the industry awaits a successor to former designer Matthew Williams. from The Business of Fashion https://ift.tt/N5jCEKp

Superstar rookies-turned-pre-game models like Angel Reese and Cameron Brink have transformed the league’s tunnel walk into the hottest runway in town, with brands like Balmain, Prada and Versace clamouring to cash in on the league’s newfound fashion appeal. from The Business of Fashion https://ift.tt/LeiqyfR

Following the well-worn path from wellness hack to beauty solve, fermented ingredients are making their way to hair care, thanks to a growing number of high-profile startups. from The Business of Fashion https://ift.tt/gykqBHa

Practitioners like Ivàn Pol, known for his 'Beauty Sandwich' technique, Joanna Czech and Harriet Westmoreland are so oversubscribed, to get an appointment, you might need a private concierge. from The Business of Fashion https://ift.tt/QtBcYXb

Sebastian James will step down in November, though a successor is yet to be named. from The Business of Fashion https://ift.tt/VuJqS3h