Media Hype

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/u6lbKpo

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

The executive helped steer the careers of some of fashion’s most recognisable faces and pushed for a more inclusive modelling industry. from Business of Fashion https://ift.tt/J5KgqxP

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/Bmf18uq

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/gcVM6Fr

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/N2BDx9J

A group of once-aspiring Abercrombie & Fitch models on Friday sued the retailer and its former chief executive officer, Michael Jeffries, alleging the company had benefited from a sex trafficking operation led by Jeffries. from Business of Fashion https://ift.tt/LJ6qnTP

From Glossier-themed Bat Mitzvahs to the return of tramp stamps, the week in beauty news. from Business of Fashion https://ift.tt/NreDia1

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/M4SEmhb

The United Nations agency specialising in international cooperation through education, arts, sciences and culture released a report at the launch of Lagos Fashion Week in Nigeria. from Business of Fashion https://ift.tt/Tgebf2A

Investors will look for signs that Amazon’s aggressive expansion of same-day delivery services helped increase its third-quarter profit margin by spurring shoppers to place more frequent and bigger orders. from Business of Fashion https://ift.tt/Sf6RVte

Italian luxury group Moncler is expected to post a healthy rise in quarterly sales thanks to a strong brand and despite the warmer weather, although growth will be slower than in the first half. from Business of Fashion https://ift.tt/zfuEWNT

The luxury-goods industry’s first slowdown since the pandemic is separating the winners from the losers. from Business of Fashion https://ift.tt/TXm1aRp

L’Occitane International S.A reported net sales of just over €1 billion ($1.13 billion) in the first half of its 2024 fiscal year, an increase of 24.9 percent at constant rates. from Business of Fashion https://ift.tt/uF4RJQW

The life and work of the taboo-busting photographer continues to enthral and scandalise in equal measure, writes Tim Blanks. from Business of Fashion https://ift.tt/zMahuvg

Temu’s transformation over the past year is the stuff of business dreams. from Business of Fashion https://ift.tt/SL4cly8

Matter and Shape is a new design fair set to be held in the Tuileries Garden during Paris Fashion Week. from Business of Fashion https://ift.tt/9L1CrwS

BoF sits down with Siam Piwat’s president of sales and business relations Caroline Murphy to discover how best to engage the evolving Asian consumer, the luxury trends driving “hyper-growth” and the cultural forces increasingly influencing the market. from Business of Fashion https://ift.tt/Vv2f4nt

Steve Madden announced on Monday that it had completed its $52 million acquisition of apparel company Almost Famous. from Business of Fashion https://ift.tt/1qfknRB

Join us for a BoF Professional Masterclass that explores the topic in our latest Case Study, “Fashion’s New Playbook for Online Returns.” from Business of Fashion https://ift.tt/L58utbc

The complex agreement would see the luxury marketplace eventually take control of its top competitor from current owner Richemont. from Business of Fashion https://ift.tt/gDj8AHC

The acclaimed rapper and frequent fashion collaborator will design a capsule collection to be released at the Las Vegas Grand Prix in November. In future seasons, he will have wider creative control over the brand’s multi-year licensing deal with F1. from Business of Fashion https://ift.tt/XU73kQl

The e-commerce boom may have cooled but online returns rates remain high, and the costs of processing them are more expensive than ever. BoF unpacks how retailers can reduce the costs of returns and protect profit margins, while improving customers’ shopping experience to generate higher sales. from Business of Fashion https://ift.tt/zlJa2I0

Financial results from Kering and Hermès will confirm or counter warning signs about the spending of wealthy consumers. That, plus what else to watch for in the coming week. from Business of Fashion https://ift.tt/aOWCTcr

The show was released as a video, filmed at the Bibliothèque Nationale in Paris. from Business of Fashion https://ift.tt/kvWlQO7

Inditex SA has increased the frequency of truck deliveries to some Zara stores in its home market, as part of a trial that could signal a further acceleration in the retailer’s supply chain. from Business of Fashion https://ift.tt/j5hIUx9

The Council of Fashion Designers of America and Vogue presented New York-based German designer Melitta Baumeister, known for her innovative, often voluptuous silhouettes, with the 2023 CFDA/Vogue Fashion Fund Award. from Business of Fashion https://ift.tt/XeNhiU2

L’Oreal reported a brisk rise in third quarter sales on Thursday, lifted by growth in Europe and an acceleration in the United States, but missed expectations for a strong rebound in China. from Business of Fashion https://ift.tt/KoZwQVm

After testing the waters in local retailers, the Shiseido-owned makeup line will debut a standalone location. from Business of Fashion https://ift.tt/evPLQbO

In the last three years, heritage porcelain brand Ginori 1735 has rebranded, introduced a furniture collection and expanded into lifestyle. Now, BoF sits down with CEO Alain Prost to learn about its next steps, including an update to its Oriente Italiano collection. from Business of Fashion https://ift.tt/hAyUHXF

L’Oréal’s stable of skincare and cosmetics labels, including L’Oréal Paris, SkinCeuticals and CeraVe, will likely give a solid lift to the company’s quarterly sales with purchases expected to have accelerated in China. from Business of Fashion https://ift.tt/ByVbnOY

Procter & Gamble Co. is weighing options for the Chinese operation of its hair-care brand VS Sassoon, people with knowledge of the matter said. from Business of Fashion https://ift.tt/baT1Muz

Activist investor Engaged Capital has taken a stake in VF Corp. and wants the the owner of the Vans and Supreme Brands to make divestitures to pay down debt. from Business of Fashion https://ift.tt/OCd95ou

Facing mass retirement from their ageing artisanal workforce, fashion brands and makers are working to gain — and hold — the attention of the next generation of pattern makers, tailors and more. from Business of Fashion https://ift.tt/OdNMnXg

Lululemon Athletica Inc. climbed Monday following news that the athleisure company will join the S&P 500 Index, notching its seventh straight session of gains and extending its outperformance this year. from Business of Fashion https://ift.tt/uZUVD9h

Swedish retailer Hennes & Mauritz AB is planning a debut green bond sale, the latest effort by a fast fashion company to improve the sustainability of its business. from Business of Fashion https://ift.tt/eMW8iDz

Hermès has added mascara, eyeshadow and makeup brushes to its growing lineup of cosmetics. from Business of Fashion https://ift.tt/QLUizal

Davide Renne joins the Aeffe-owned house from Gucci, where he spent two decades, most recently as head of womenswear design. from Business of Fashion https://ift.tt/SEjR137

Consumers — and the industry — are increasingly buying into lab-grown stones, altering long-held jewellery industry standards for how diamonds are sold. from Business of Fashion https://ift.tt/ejkrcLZ

Consumers’ spending spree on high-end goods that kicked off during the pandemic has petered out. from Business of Fashion https://ift.tt/gAT4VKo

Belgian designer Igor Dieryck won the top prize at the 38th International Festival of Fashion, Photography and Accessories in Hyères, in the south of France. from Business of Fashion https://ift.tt/IWzl2Zt

The industry will be keeping an eye on a key moment for Farfetch, plus Birkenstock’s trajectory, the return of LA Fashion Week and the escalating crisis in the Middle East. That, and what else to watch for in the coming days. from Business of Fashion https://ift.tt/scpESW0

One of the creative masterminds behind Fenty is part of a group of new owners aiming to reboot LA Fashion Week with new formats and ties to entertainment, beauty and wellness. from Business of Fashion https://ift.tt/1PHtelz

The e-commerce giant’s slump reflects concerns that China’s consumption growth will remain sluggish. from Business of Fashion https://ift.tt/Vza3lTf

Despite a series of public controversies in 2020, the social media star’s clothing brand, WeWoreWhat, is setting revenue records and breaking into new categories. BoF spoke to Bernstein about her experience with “cancel culture” and how the brand survived. from Business of Fashion https://ift.tt/bA48HmC

A new date for the event has not been scheduled, though the body plans to announce its 2023 award winners before the end of the year. from Business of Fashion https://ift.tt/dw1P8k2

Olaplex is replacing its chief executive as the haircare brand confronts a sharp slide in sales. from Business of Fashion https://ift.tt/oNu1thC

A post-pandemic recovery in China and the yen’s slide helped boost the Uniqlo owner’s operating profit by 28 percent year on year. from Business of Fashion https://ift.tt/h4yaJ9d

The fashion department of the private, nonprofit college offers students opportunities to travel or study abroad across locations from Athens and Berlin to New York and Los Angeles. BoF sat down with three students to hear about their experiences. from Business of Fashion https://ift.tt/7IspV0d

The executive joins from Savage X Fenty, where she was co-president. from Business of Fashion https://ift.tt/oWYLfRP

Shares of the L Catterton-owned sandal maker sank on their first day of trading, a bad sign for other brands that are thinking about going public. from Business of Fashion https://ift.tt/RL34Vao

Western countries are “very close” to finalising a ban on Russian diamonds from retail markets in countries that are already sanctioning Kremlin assets, the Belgian prime minister has said. from Business of Fashion https://ift.tt/3dEpjiD

Companies like LVMH, Hermès and Gucci are strengthening ties with Japan’s artisanal producers to tap exclusive materials and ancient techniques. from Business of Fashion https://ift.tt/85ohC3O

Birkenstock Holding Plc and its private equity owner priced shares in the footwear maker’s initial public offering toward the middle of a marketed ranged to raise $1.48 billion. from Business of Fashion https://ift.tt/iPMo6BQ

For years, beauty and wellness lines have been awash with socio political messaging. Menstrual care brands like August and The Honey Pot are the latest to take a stand, advocating for period equity with The Tampon Tax Back Coalition. from Business of Fashion https://ift.tt/M0mIJeo

The designer will stage a special event during the Florence trade show next January. from Business of Fashion https://ift.tt/2j8eMHl

Last month, Boss’s runway show in Milan featured a trio of limited-edition jackets made using a new fibre designed to replace polyester. But untangling the industry from a material that has played a central role in its growth will be a tricky business. from Business of Fashion https://ift.tt/aJgR9Cl

From wage hikes to tuition assistance, fashion firms say they’re pulling out all the stops to revamp the store associate role — but their efforts aren’t taking hold. from Business of Fashion https://ift.tt/DvcGdnT

After a spending spree on goods that began during early COVID-19 lockdowns in 2020, US consumer patterns are normalising. from Business of Fashion https://ift.tt/E1Sb9pU

NBA stars and footballers are increasingly leaning on a network of powerful style consultants to help them shape their personal brands away from their day jobs, laying the groundwork for lucrative brand deals. from Business of Fashion https://ift.tt/D8IM4UJ

While fashion shows themselves account for a tiny fraction of the industry’s environmental impact, they sit at the very heart of the marketing machine that fuels planet-damaging overconsumption, argues Rachel Arthur. from Business of Fashion https://ift.tt/j6MDQyq

BoF shares product and consumer insights on the growth potential of India’s beauty and personal care market, from a new report by The Estée Lauder Companies’ BEAUTY&YOU program in partnership with 1Lattice. from Business of Fashion https://ift.tt/7JhEt95

The multi-brand specialty retailer on Friday filed for Chapter 11 bankruptcy, following a continued decline in sales post-pandemic that left it unable to pay back mounting debt. from Business of Fashion https://ift.tt/oQhwzKX

There’s fresh evidence from the FTSE 100 today of quite how vulnerable retailers are to unpredictable weather. from Business of Fashion https://ift.tt/6HEbFiI

Abu Dhabi Investment Authority agreed to buy an additional stake in Indian billionaire Mukesh Ambani’s rapidly expanding retail unit for 49.7 billion rupees ($597 million). from Business of Fashion https://ift.tt/Bce8MuP

The bi-annual magazine will unveil its 11th issue during Frieze London. from Business of Fashion https://ift.tt/p0MiYFL

Facing an oversaturated beauty market, A-listers are returning to scents to profit off their image. Only now, you might find some of them stocked next to Byredo rather than at Walmart. from Business of Fashion https://ift.tt/ULV3JE1

Join us for a BoF Professional Masterclass that explores the topic in our Case Study, “Inside Beauty’s Biggest Disruptor.” from Business of Fashion https://ift.tt/p0gljBV

Kamali, a former design director at Saint Laurent, had previously been tapped to lead a parallel studio at Chloé as the brand prepared for Gabriela Hearst’s exit. from Business of Fashion https://ift.tt/aCiN5zq

Twenty years ago, people laughed at him in his shrunken grey suit. Now he’s showing haute couture in Paris, publishing a weighty monograph on his career, and chairing the CFDA. Who’s laughing now? from Business of Fashion https://ift.tt/KgzmSsf

A blockbuster public listing should clear the way for other brands to try their luck. That, plus LVMH results and what else to watch for in the coming week. from Business of Fashion https://ift.tt/GRq3efZ

To explore how brewed protein materials could impact the fashion market, BoF interviews Takuya Kinami, general manager of Goldwin and Kenji Higashil, executive vice president of Spiber Inc’s Sustainability Division and Representative of Spiber Europe. from Business of Fashion https://ift.tt/bGUTBE3

Chanel increased prices of its high-end products in China in September, amid a slowdown in demand for luxury goods worldwide after the post-pandemic boom years. from Business of Fashion https://ift.tt/9NcoV5G

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent. from Business of Fashion https://ift.tt/3wzm6gE

BoF Careers provides essential sector insights for fashion's technology and e-commerce professionals this month, to help you decode fashion’s commercial and creative landscape. from Business of Fashion https://ift.tt/cgThe6Z

Last month, Boss’s runway show in Milan featured a trio of limited-edition jackets made using a new fibre designed to replace polyester. But untangling the industry from a material that has played a central role in its growth will be a tricky business. from Business of Fashion https://ift.tt/Luw61SK

In response to heightened consumer desire for jewels that sparkle, small fine jewellery brands are finding success leaning into higher price points and more bespoke services catering to high-spending clientele. from Business of Fashion https://ift.tt/E5WfaGM

Levi Strauss & Co cut its annual forecasts for the second time on Thursday after missing third-quarter sales estimates as the denim maker reeled from hefty promotions and falling sales at its wholesale channels in North America. from Business of Fashion https://ift.tt/7ECd9so

Fast Retailing Co.’s Uniqlo brand will be scouting for more manufacturing partners in India to rapidly expand its operations after seeing a 60 percent jump in sales in the world’s most-populous nation. from Business of Fashion https://ift.tt/23E7lbT

Puma SE shares had their biggest intraday drop in more than three years after the sportswear company’s comments on a call with analysts spurred worries about sales. from Business of Fashion https://ift.tt/0ZEVSb3

The founding editor of digital publication Tweak India will succeed Megha Kapoor, who exited the title in August. from Business of Fashion https://ift.tt/oP4ADp9

Elle UK launched its first reader membership programme on Thursday, part of a broader initiative at Hearst UK to monetise its brands. from Business of Fashion https://ift.tt/46DN3YM

Italian luxury group Prada and Texas-based startup Axiom Space will collaborate to design NASA’s lunar spacesuits for the Artemis III mission planned for 2025, the two companies said on Wednesday. from Business of Fashion https://ift.tt/h3pTPCb

Miuccia Prada tells her own story at Miu Miu. How much of Virginie Viard’s is in Chanel? from Business of Fashion https://ift.tt/wv46mVZ

But only members who previously purchased one of Nike’s virtual releases will have the chance to buy it. from Business of Fashion https://ift.tt/9VFwTkO

Save for a few outliers, simplicity reigned at Paris Fashion Week, writes Angelo Flaccavento. from Business of Fashion https://ift.tt/Ua8vmcQ

The French luxury brand with a sustainable bent was purchased by a new holding company founded by Designer Parfums’ Dilesh Mehta from Business of Fashion https://ift.tt/x5rbvYG

As the chart-topping Colombian reggaeton singer and BoF 500 cover star becomes a global pop sensation, she is shaking up the fashion industry’s celebrity marketing playbook. from Business of Fashion https://ift.tt/5N6fa0y

Italian luxury sneaker brand Golden Goose has picked Lazard as financial adviser to explore a potential stock market listing in Milan, two sources close to the matter said on Tuesday. from Business of Fashion https://ift.tt/JT8QfIi

Prices for pre-owned Rolex watches kept falling on the secondary market last month while entry-level models and brands like Cartier and Omega fared comparatively better. from Business of Fashion https://ift.tt/uV9iRTr

To discover how SMEs are successfully cutting through the noise to connecting with consumers in an increasingly crowded digital landscape, BoF interviews Christian Juuls Nielsen, the founder of Aknvas, Batsheva Hay of Batsheva and Arianne Elmy, founder of her eponymous brand. from Business of Fashion https://ift.tt/3RnTgcj

Balenciaga, Valentino and Louis Vuitton all have their issues, writes Tim Blanks. from Business of Fashion https://ift.tt/X3jowdR

In a statement ahead of its third quarter earnings call on Oct. 3, Oddity Tech — the parent of makeup brand Il Makiage and skin care line Spoiled Child, which started trading on the Nasdaq in July — said it expects revenue for the third quarter ended Sept. 30 to rise 29 to 31 percent year-over-year, up from initial guidance of 18 to 23 percent. from Business of Fashion https://ift.tt/RpoBmEX

The Fearless Fund must pause its Strivers Grant Contest, which awards funds to Black women entrepreneurs, pending the outcome of a lawsuit from a conservative group alleging such grants are unconstitutional. from Business of Fashion https://ift.tt/kLVZiud

The company and its stockholders are expecting to sell at least 32 million shares, likely to be priced between $44 and $49 apiece, and potentially raise about $1.58 billion at the top-end of the range, according to a filing with the US Securities and Exchange Commission. from Business of Fashion https://ift.tt/aObgiEw

Beauty brands are looking to neuroscent research and technology to sniff out the factors that lure buyers. from Business of Fashion https://ift.tt/kbXc3Dv

Having studied a degree in journalism, Kiera Ganann started out as a retail manager at Ralph Lauren, before taking roles at Levi’s and Bolt Threads, which took her from the shop-floor to the executive suite. Here, she shares insights into the importance of being open to feedback and the valuable lessons she learnt when starting out. from Business of Fashion https://ift.tt/s5EkaNc

The make-up wunderkind and BoF 500 cover star is growing a beauty brand that’s less about prettification and more about ‘world building’ for a generation that grew up with the speed and fluidity of the internet. from Business of Fashion https://ift.tt/isx9cXQ

Activewear brand Vuori Inc. is talking to investment banks about an initial public offering as soon as the middle of 2024, according to people with knowledge of the matter. from Business of Fashion https://ift.tt/fGQBAgK

Sarah Burton saying goodbye to McQueen gives pause for reflection on the question of legacy. So does Rei Kawakubo with yet another exercise in abstraction. from Business of Fashion https://ift.tt/5QySVz0

Pharrell Williams, Ashley Graham, Karol G and Naomi Campbell were among those who celebrated new entrants and longstanding members of The BoF 500 community during Paris Fashion Week. from Business of Fashion https://ift.tt/D9SehOA

Gridlock in Washington could furlough millions of workers heading into the holiday shopping season. That, plus what else to watch for in the coming week. from Business of Fashion https://ift.tt/tKiw39f