Fashion World News

Kering’s flagship brand is expected to announce a new creative director “promptly.” The sooner the better, writes Imran Amed. from The Business of Fashion https://ift.tt/qnZe3t4

Designers at Versace, Moschino, Tod’s and Missoni grappled with how to interpret deep-rooted house codes, while Sunnei’s Simone Rizzo and Loris Messina kept creating their own. from The Business of Fashion https://ift.tt/mn745W8

The European Union has unveiled plans to significantly water down landmark sustainability rules that would require large fashion brands to report more details about their environmental footprint and take on more responsibility for abuses in their supply chains. from The Business of Fashion https://ift.tt/1mleG9Q

On the third day of Milan Fashion Week, Prada, Roberto Cavalli and Etro proposed their takes on how a woman should look. from The Business of Fashion https://ift.tt/Av6TaRn

The president had paused the sweeping duties on Canada and Mexico on Feb. 3 for one month after both countries’ leaders announced new border security measures. from The Business of Fashion https://ift.tt/Q213UhN

The country is considering additional trade measures to address low-cost imports, particularly from China, after introducing tariffs on “de minimis” purchases to combat contraband and avoid tax evasion. from The Business of Fashion https://ift.tt/l0H6pJf

Rental platform Nuuly reported an operating income of $13.3 million last year, a major benchmark for a concept that’s long been associated with rapid growth and steep losses. from The Business of Fashion https://ift.tt/hJBcuG8

The husband-and-wife design duo have led the OTB-owned brand since 2017. from The Business of Fashion https://ift.tt/DBOQp2e

The London-based e-tailer’s adjusted earnings before interest, taxes, amortisation and depreciation hit $30 million after a year under Coupang, a feat for a company that struggled to generate profits as an independent business. But revenue is still well below its 2022 highs. from The Business of Fashion https://ift.tt/KNOgmUA

Oddity, the parent company of beauty labels SpoiledChild and Il Makiage, reported a revenue surge of 27 percent in its 2024 earnings, alongside plans to invest in its biotech division and develop two new brands. from The Business of Fashion https://ift.tt/i2v0nIY

The layoffs come as the company continues the integration process following the recent acquisition of Neiman Marcus. from The Business of Fashion https://ift.tt/1Q9FX5Z

Daniel Lee’s refocused Burberry won over plenty of eyeballs, but London’s purpose in the fashion ecosystem is more about incubating rising talents like Dilara Findikoglu and S.S. Daley than earned media value, writes Susanna Lau. from The Business of Fashion https://ift.tt/krzWuDa

The telehealth company’s meteoric rise has hit a roadblock after FDA regulations challenge its weight-loss drug business, setting up a crucial test for the stock ahead of Monday’s earnings report. from The Business of Fashion https://ift.tt/ncsKAFk

The family that controls Kering recently bought a majority share in Aqua Expeditions, a boutique luxury cruise line. The push comes as arch rival LVMH, as well as Ritz-Carlton, Four Seasons and Aman, invest in ‘floating hotels.’ from The Business of Fashion https://ift.tt/5GCbkJF

The hip-hop artist’s first collection for the EssilorLuxottica-owned eyewear label debuts in April. from The Business of Fashion https://ift.tt/IRqTGlc

The LVMH-owned brand plans to spend nearly 20 percent of sales on marketing this year, new CEO Antoine Pin says, doubling down on partnerships in the fast-expanding world of F1 racing in an effort to keep up growth in a sluggish watch market. from The Business of Fashion https://ift.tt/X7itY2Q

The Financial Times reported the fast-fashion retailer’s profit slumped by almost 40% last year and that net income fell to $1 billion. from The Business of Fashion https://ift.tt/DJMOeT9

With so many brands between designers, the shows will be as much about luxury’s past as its future. from The Business of Fashion https://ift.tt/3M1brzO

The department store operator’s letter to brands is a sign of a growing power imbalance in the wholesale market that increasingly favours big retailers, threatening the overall health of the fashion ecosystem. from The Business of Fashion https://ift.tt/r1jf07d

The Welsh designer’s fledgling label is set to draw a bigger spotlight at London Fashion Week this season. from The Business of Fashion https://ift.tt/oDzsJ4A

The French luxury conglomerate is elevating Mélanie Flouquet and recruiting BCG’s Joël Hazan, shaking up its leadership amid financial pressure. from The Business of Fashion https://ift.tt/4SsDH0e

If passed, the law would ban the sale of products with ingredients such as retinol, glycolic acid and vitamin C to children under the age of 18. from The Business of Fashion https://ift.tt/dOcvKwo

Relations between Saks Global and many of the 2,000-odd brands stocked in its department stores appear to be worse than ever after the owner of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman sent a letter this week setting new payment terms. from The Business of Fashion https://ift.tt/074Hksm

Following a $19.1 million investment in June 2023, the fashion styling mobile app has relaunched as a unique marketing tool using storytelling to reform product discovery and aid customer acquisition for its 260 luxury brand partners in fashion, beauty and lifestyle. from The Business of Fashion https://ift.tt/ndN7yKe

The US-based operator of Forever 21 Inc. is preparing to close at least 200 locations as part of a looming bankruptcy process, which may lead to a potential sale of its remaining stores or liquidation if no buyer emerges. from The Business of Fashion https://ift.tt/ruA6Oiv

Brands and retailers will be required to cover the costs of collecting, sorting and recycling old clothes. from The Business of Fashion https://ift.tt/GwMkoI9

In a fragmented market, resale prices are more scattergun than ever. This leads to confused buyers, disillusioned sellers and market stagnation. from The Business of Fashion https://ift.tt/nayx0JC

The Trump administration’s antitrust enforcers will stick with Biden-era merger review rules, a move that impacts high-profile deals like the FTC’s successful challenge to the Capri Holdings-Tapestry merger. from The Business of Fashion https://ift.tt/0g2ZO1a

Executives at Hermès and Kering said last week they could leverage their brands' cachet to absorb any additional duties. from The Business of Fashion https://ift.tt/HqigfVw

Luxury editor Robert Williams joins executive editor Brian Baskin and senior correspondent Sheena Butler-Young to discuss Gucci’s dramatic sales decline, leadership churn, and the broader challenges facing the luxury group Kering, as the conglomerate seeks a path to recovery. from The Business of Fashion https://ift.tt/70m3One

BoF and Zendesk gathered executives from Ralph Lauren, Walmart, Michael Kors and Tapestry for an intimate breakfast under the Chatham House Rule to discuss the challenges and opportunities in leveraging AI at key touchpoints in the customer journey. from The Business of Fashion https://ift.tt/mHgtUwA

Observed sales grew 153 percent for TikTok Shop during the month, compared with 26 percent for Shein and 28 percent for Temu, BSM’s Joe Hung said in a research note. from The Business of Fashion https://ift.tt/nLiscoZ

Partnering with department stores and boutiques used to be the first and sometimes only option for new labels to break though. Today, that path often winds through Shopify and Instagram first, but multi-brand retailers still have an important role to play. from The Business of Fashion https://ift.tt/wpFdNKO

The moody theme, which has been making a comeback, dominated style at the award ceremony. from The Business of Fashion https://ift.tt/0aFfvgP

Sports and film will keep the hype machine going in the gap between New York and London shows. from The Business of Fashion https://ift.tt/fALxa4V

With the growing consolidation of fashion month energy in Paris and Milan, New York and London have some hard thinking to do about how to make their fashion weeks more impactful and less wasteful — of time, money and energy. from The Business of Fashion https://ift.tt/DiBxYsG

The company expects continued momentum for its Crocs brand in 2025. from The Business of Fashion https://ift.tt/c0sIX3n

Kennedy was approved largely along party lines after tense confirmation hearings in which he was questioned over the possibility he could dismantle America’s vaccine infrastructure. from The Business of Fashion https://ift.tt/RVjg7dG

Moncler Group’s full-year revenues rose 7 percent to €3.11 billion ($3.42 billion), the company announced Thursday. from The Business of Fashion https://ift.tt/Gw2Jnas

The Long Island-based company will acquire fashion and accessory label Kurt Geiger from private equity firm Cinven, with the deal expected to close by the second quarter, pending regulatory approval. from The Business of Fashion https://ift.tt/1EzBMUS

Prada’s ‘little sister’ brand is seeking a soft landing after a period of explosive growth. In addition to chief executive Benedetta Petruzzo’s exit, design director Dario Vitale has recently left the brand. from The Business of Fashion https://ift.tt/Q5BUbMq

The final section of the paper, Inside the Fashion Opportunity in Dubai, unpacks how fashion brands can optimise their product ranges for improved impact in Dubai — with unique insights collected by d3 and BoF Insights from a consumer survey of the city’s residents. This section also details the regional social calendar and social media landscape, and how global brands can effectively tap into this space. from The Business of Fashion https://ift.tt/reQMEXy

A deal is expected to be announced in the coming weeks, according to Sky News. from The Business of Fashion https://ift.tt/EiAKjds

This week, New York-based designers confronted industry-wide challenges, and problems all their own. from The Business of Fashion https://ift.tt/a1Ivo5i

The German luxury e-tailer more than doubled its adjusted earnings in its second fiscal quarter that ended in December, providing a glimpse into how it will fare once its deal to acquire its competitor, Yoox-Net-a-Porter, is approved. from The Business of Fashion https://ift.tt/5PSr96G

The acquisition of the Milan-based luxury streetwear label follows the brand-management firm’s purchase of Off-White last year. from The Business of Fashion https://ift.tt/r5BYP2n

A wave of new launches from brands like Versed, Glow Recipe and Rhode Skin show how skin-first brands are approaching color cosmetics without leaving their value propositions behind. from The Business of Fashion https://ift.tt/fY5q4Xi

The Italian brand’s fourth-quarter sales dropped 24 percent. Owner Kering’s sales fell 12 percent overall as Bottega Veneta accelerated. from The Business of Fashion https://ift.tt/sYky3wZ

The collection, which will feature high-end reworkings of Adidas’ most iconic items, arrives as the brand’s archive helps to drive its global popularity. from The Business of Fashion https://ift.tt/Jl1UW2r

Coty cut its annual profit forecast on Monday after missing second-quarter revenue estimates on Monday, as it grapples with slowing demand for cosmetics in the United States and a tighter control of beauty inventory by retailers. from The Business of Fashion https://ift.tt/5VTq1Lw

The second section of the paper ‘Inside the Fashion Opportunity in Dubai’ examines the evolution of Dubai’s infrastructure, from its advancing manufacturing and prototyping facilities to its reputation as a regional talent and logistics hub. from The Business of Fashion https://ift.tt/ATCR0lN

Expectations are low for the struggling luxury mega brand, as parent Kering reports fourth-quarter results. from The Business of Fashion https://ift.tt/Hx2j4sY

In resurrecting the brand’s ‘Collection’ line, designer Veronica Leoni aimed to pick up where Calvin left off. If a bit of nostalgia was inescapable and a hint of ‘fashion nun’ crept into the outing, her point of view was clear, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/joyrE0T

E.l.f. Beauty’s shares tumbled over 20 percent in extended trading on Thursday, after the cosmetics company cut its annual net sales and profit forecasts, citing weak demand in the mass beauty category at the start of the year. from The Business of Fashion https://ift.tt/JHpovYg

The abrupt departure of creative director Sabato De Sarno raises questions over who will replace him and how long it will take to get Kering’s anchor brand back on track. from The Business of Fashion https://ift.tt/oUyDa3P

Francoise Bettencourt Meyers, heir to the L’Oréal fortune, will retire from the company’s board later this year, passing her vice-chairman role to her son, Jean-Victor Meyers, in a sign of generational succession. from The Business of Fashion https://ift.tt/tnSVQJs

Sales missed expectations at 2.5 percent growth, as softened demand in the US compounded by persistent sluggishness in the Chinese market dragged down overall earnings. from The Business of Fashion https://ift.tt/4WzGEuL

The creative director is leaving after two years at the brand, whose pivot to more universal styling and an emphasis on iconic wardrobe pieces has struggled to gain traction in a tough market for luxury. from The Business of Fashion https://ift.tt/Bz39gxk

Plus, Hollywood versus Silicon Valley, Frieze and the Oscars after the LA fires, Spotify enters video with The Weeknd, and more from arts columnist Marc Spiegler. from The Business of Fashion https://ift.tt/OCibw8W

The US Postal Service’s recent back-and-forth on inbound international packages from China is creating uncertainty for Chinese e-commerce platforms like Shein and Temu, as new tariffs on small parcels could lead to higher costs and delays. from The Business of Fashion https://ift.tt/UhnZutI

Tuesday’s second-quarter earnings detailed the conglomerate’s plans to streamline the business, with more job cuts and corporate restructuring to come. Getting the company back to growth will mean closing the intention gap. from The Business of Fashion https://ift.tt/pHK0wDG

Alongside Beckett Fogg, the designer turned the New York-based brand into a celebrity favourite known for its eye-catching clothes and accessories. from The Business of Fashion https://ift.tt/ef6Kghb

New York and Massachusetts are pursuing similar legislation to make large brands reduce their greenhouse gas emissions. from The Business of Fashion https://ift.tt/fcGlKxD

The event was the first time the group’s watch brands had come together publicly since LVMH Watches chief executive Frédéric Arnault announced plans to streamline the division’s operations in November last year. from The Business of Fashion https://ift.tt/XLVr7k4

Liberated Brands cited shifting consumer preferences towards fast fashion and rising costs as reasons for the filing. The firm is planning to wind down its North American operations and sell its international assets. from The Business of Fashion https://ift.tt/aiK7TvD

Gobbetti will leave next month after just over three years in the role, during which he failed to stop sliding sales and shares lost 66 percent of their value. from The Business of Fashion https://ift.tt/BMCgvL6

The company said the transaction will “optimise” its balance sheet, clearing the way for possible further acquisitions or future share buybacks. from The Business of Fashion https://ift.tt/vgX4lAE

The First Lady was largely ignored by the fashion establishment during Trump’s first term. The tide is turning. from The Business of Fashion https://ift.tt/fg6yzOh

Working with Dubai Design District and leveraging proprietary data from BoF’s data think tank, BoF Insights, this white paper explores the commercial and creative opportunities in the city of Dubai for fashion and luxury businesses looking to optimise and expand their presence, reach and operations in the region. from The Business of Fashion https://ift.tt/VGOm1fd

Beauty’s most dynamic category is outperforming an otherwise cooling market, with no shortage of hopeful new brands or viral moments. These are the brands to watch. from The Business of Fashion https://ift.tt/w2BvFUT

The European Union is planning to make e-commerce platforms such as Temu, Shein and Amazon liable for dangerous or illegal products sold online. from The Business of Fashion https://ift.tt/sXLw7oK

The three countries have vowed to retaliate against the new US tariffs announced on Saturday by President Donald Trump which impose a 25 percent levy on imports from Mexico and Canada and a 10 percent additional levy on China starting Tuesday. from The Business of Fashion https://ift.tt/bGkgyBV

The schedule is missing some big names, but added a high-stakes debut at Calvin Klein. Plus, Ralph Lauren, e.l.f., Tapestry and others report fourth-quarter results. from The Business of Fashion https://ift.tt/yqvOcG7