Fashion World News

Even as wellness fads come and go, the year 2024 revealed a few salient shifts in the industry, including a growing focus on longevity, widespread adoption of GLP-1 agonist medicines and a burgeoning men’s market that points to longer-term evolution. from The Business of Fashion https://ift.tt/jCOyIDN

This year, marketing efforts for everything from skincare to fragrance targeted new cohorts — Gen Alpha, male athletes, pet owners, “MomTok” — and across more channels than ever. from The Business of Fashion https://ift.tt/nWy0QjC

In a year defined by election-year upheaval, muted advocacy, the rapid dissolution of diversity programmes, and ongoing AI disruption, settling on hybrid work arrangements was one of the few areas where fashion firms found stability. from The Business of Fashion https://ift.tt/djSNTlP

At VOICES 2024, BoF sustainability correspondent Sarah Kent sits down with a panel of experts to discuss how fashion can operate under increasingly unsustainable climate conditions. from The Business of Fashion https://ift.tt/h2Ugad9

A high-stakes succession saga at Estée Lauder Companies may have dominated headlines, but in 2024, many top beauty companies were in the midst of change and transformation. from The Business of Fashion https://ift.tt/1VpuGs3

This year offered up a jarring reality check for players seeking to improve the industry’s environmental and social impact, with brands deprioritising sustainability efforts even as the risks of inaction have become more apparent. from The Business of Fashion https://ift.tt/M5Y3dnj

2024 was a banner year for both the lip category and the young consumers that craved them. But it could have been a better one for mass brands, or the prestige ones that are still hoping to be acquired. from The Business of Fashion https://ift.tt/p9uUKw4

Fragrance was a standout category in 2024 amid slowdowns in the greater beauty and luxury fashion industries as brands of all types (and price points) joined the scent business, niche labels scored investments and mass perfumes drove global trends. from The Business of Fashion https://ift.tt/JyN7KTm

The $2.7 billion merger counts Amazon, G-III Apparel Group and Authentic Brands Group as investors. from The Business of Fashion https://ift.tt/9X0NCAy

The new law will give models working in the state greater protection from exploitation, harassment and AI. from The Business of Fashion https://ift.tt/0xhEn4B

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 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

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

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 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

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 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

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

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

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

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

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

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

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

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

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