Fashion World News

As menswear sales are now bouncing back, brands have conflicting opinions on where they stand on neckties. Some, like Zegna, are themselves from the accessory while others, like Neiman Marcus and Bonobos, are seeing a necktie resurgence. from Business of Fashion https://ift.tt/5U0wL6v

A new report by the British Fashion Council (BFC) and the MBS Group, a UK-based executive search firm, found that 51 percent of European fashion companies now have a diversity and inclusion strategy but that progress on most of the goals espoused in 2020 remain sluggish. from Business of Fashion https://ift.tt/Hr9ljkY

The brand, which is led by designers Lisi Herrebrugh and Rushemy Botter, will receive €300,000 ($314,365) as well as coaching from Chanel fashion president Bruno Pavlovsky, Instagram’s VP fashion partnerships, Eva Chen, and the senior leadership team at Mytheresa. from Business of Fashion https://ift.tt/T0L3VWj

Image-generating AI programs like Dall-E Mini show how close the technology is to producing credible imitations of designer clothing, a scenario that would have a range of consequences for fashion. from Business of Fashion https://ift.tt/rUbVLiT

The German label will design the AMF1 team wardrobe, providing formal apparel and race wear for its drivers, as well as a travel wardrobe for the entire team. from Business of Fashion https://ift.tt/YhL3ruZ

Private equity firm L Catterton is selling its Danish fashion brand Ganni in a deal that could fetch up to $700 million, two people with knowledge of the situation told Reuters. from Business of Fashion https://ift.tt/sm70ySo

The marketing value of digital fashion and NFTs may now be clear, but fashion brands will need to separate hype from the concrete opportunities to generate sustainable revenue streams from the metaverse. from Business of Fashion https://ift.tt/dJYCgKS