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VF Corp. Withdraws Annual Forecast Due to Slowing Demand; Vans Sales Down 21%

Shares were down 4 percent in extended trading after the company also reported a lower-than-expected second-quarter profit. from Business of Fashion https://ift.tt/XlpEhtv

G7 Plan to Ban Russian Diamonds to Further Dim Industry Sparkle

The global diamond sector is scrambling to get ahead of an upcoming G7 ban on Russian gems from Business of Fashion https://ift.tt/C4a9Bl6

Phoebe Philo’s First Drop, Explained

On Monday, the star designer released her namesake label’s first products, serving up ‘Old Celine’ chic spiked with a raunchier undercurrent. BoF breaks down the drop, as well as a go-to-market strategy that couldn’t be further from the standard luxury playbook. from Business of Fashion https://ift.tt/1fgc3uM

Report: UK’s ASOS Exploring Sale of Topshop Brand

British online fashion retailer ASOS Plc (ASOS.L) is exploring a sale of its Topshop brand, Sky News reported on Saturday. from Business of Fashion https://ift.tt/5giZvAh

What Is VF Corp.’s Plan for Vans and Its Other Struggling Brands?

Activist investors are demanding big changes at the fashion conglomerate, which also owns The North Face, Supreme, Timberland and other brands. The company will have a chance to lay out its own vision when it releases earnings this week. from Business of Fashion https://ift.tt/Kn26sR0

The Business of Beauty’s Haul of Fame: This Makeup Artist Drives Pop Music

From Glossier-themed Bat Mitzvahs to the return of tramp stamps, the week in beauty news. from Business of Fashion https://ift.tt/TjvdQMB

Unilever is Selling Dollar Shave Club After 7 Years of Trying to Make it Work

Dollar Shave Club, the brand that pitched cheap razors with quirky commercials, is being sold by Unilever, its multinational owner. from Business of Fashion https://ift.tt/hCwYb15