Media Hype

The Business of Fashion is seeking candidates for a six-month, part-time, paid reporting fellowship with our editorial team, designed to empower aspiring Black journalists. from Business of Fashion https://ift.tt/iQnbHou

The listing drew orders for multiple times the number of shares available and is contributing to a broad resurgence of European initial public offerings. from Business of Fashion https://ift.tt/qZCMdQP

The online fast fashion retailer is moving into other categories and has given brands and retailers access to its platform in nine European countries so far, having done so in the United States, Brazil, and Mexico last year. from Business of Fashion https://ift.tt/XjYGUbo

The DTC bust of the past two years has casted a cloud on the sector, but emerging fashion brands with a better handle on supply, demand and customer retention are seeing profitable growth. from Business of Fashion https://ift.tt/SD9u1ve

The union delivered the announcement through a video at a bargaining session today, promising “a week of union actions” in the statement. from Business of Fashion https://ift.tt/YZE8hi9

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/kOdCu4a

Brands say they’re barreling ahead with marketing and commerce on the app, even as the clock starts ticking for owner ByteDance to sell it or shut it down. from Business of Fashion https://ift.tt/zKmuDIU

When done effectively, a cultural partnership can rightfully earn its own place in the zeitgeist. But it’s not so easy as just hiring a celebrity to star in an ad campaign; brands must choose a partner that makes sense, find the format that fits best and amplify that message to consumers. from Business of Fashion https://ift.tt/EMbfPa0

The deal is expected to help tip the company into profit for the first time and has got some speculating whether Beckham may one day eclipse her husband in money-making potential. from Business of Fashion https://ift.tt/vQlfRn5

The Spanish beauty and fashion conglomerate’s smart acquisitions and diverse portfolio could be a big draw for investors. Plus, Adidas is set to confirm its stellar first quarter. from Business of Fashion https://ift.tt/IAFJ8B1

The designer has always been an arch perfectionist, a quality that has been central to his success but which clashes with the demands on creative directors today, writes Imran Amed. from Business of Fashion https://ift.tt/gTyKbQ7

Request your invitation to attend our annual gathering for leaders shaping the global beauty and wellness industry. from Business of Fashion https://ift.tt/089MZr6

The algorithms TikTok relies on for its operations are deemed core to ByteDance overall operations, which would make a sale of the app with algorithms highly unlikely. from Business of Fashion https://ift.tt/0m2vZTk

The administrators said the retailer’s 541 known unsecured creditors are owed at least £35.6 ($44.2 million) but are unlikely to collectively receive more than £800,000 ($996,000), or “less than a penny in the pound.” from Business of Fashion https://ift.tt/uLczZCB

President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban. from Business of Fashion https://ift.tt/OE4Wp2V

Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros. from Business of Fashion https://ift.tt/YERktDU

The European Parliament approved rules on Tuesday to ban in the EU the sale, import and export of goods made using forced labour. from Business of Fashion https://ift.tt/SZTr9I3

The Los Angeles-based accessories label has been a well-kept secret in the industry, but founders Yang Pei and Stephanie Li are hoping to change that through new acquisitions, opening brick-and-mortar stores and using AI to speed up the design and production process. from Business of Fashion https://ift.tt/YRidVv3

On Sept. 10 the eight designers will present their collections at the Louis Vuitton Foundation in Paris. from Business of Fashion https://ift.tt/ycaQLeU

The Colombian designer, whose bags have been worn by celebrities and featured on shows like Sex and the City, previously pled guilty to illegally importing millions of dollars of crocodile and snakeskin handbags into the US. from Business of Fashion https://ift.tt/q7y52ei

Millennial and Gen-Z respondents were among the most likely to pay a premium for environmental-friendly practices. from Business of Fashion https://ift.tt/8HnuLD4

Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday. from Business of Fashion https://ift.tt/JKk1uzm

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/zAcRBQH

In London, where independent labels have been hit hard by the implosion of key stockist Matches, brands like Clio Peppiatt, Marfa Stance and Completedworks have grown direct-to-consumer businesses that peers can learn from. from Business of Fashion https://ift.tt/5rtYew2

This week, more luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get. from Business of Fashion https://ift.tt/aIuY3DJ

Nike Inc. will have eliminated about 740 jobs at its headquarters by late June as part of its multiyear cost-cutting plan. from Business of Fashion https://ift.tt/KOqQdi9

Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its pricey Tide detergent and Dawn dish soap. from Business of Fashion https://ift.tt/hFG2n6K

Next week, MoMu, Antwerp’s fashion museum, will unveil a major exhibition celebrating the work of Belgian photographer Willy Vanderperre. from Business of Fashion https://ift.tt/ERUZthq

Frédéric Malle announced on Apr. 18 that he will be leaving his brand Editions de Parfums Frédéric Malle at the end of June. from Business of Fashion https://ift.tt/yBFOHXD

L'Oréal reported a 9.4 percent rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown in the two biggest beauty markets; the United States and China. from Business of Fashion https://ift.tt/Y0Nhz9S

Beauty labels hope to court the concert set, looking to Coachella, Stagecoach and Lollapalooza for both brand awareness and trendsetting. from Business of Fashion https://ift.tt/5Vltez3

The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson. from Business of Fashion https://ift.tt/YxPGQRK

The French publisher has appointed Tunis-based firm Nissa Editions Group as the local licensing partner and Cairo-based fashion media veteran Susan Sabet as both managing director and editor-in-chief of the new title. from Business of Fashion https://ift.tt/HOQh8v7

Black founders carry a markedly higher burden when it comes to educating investors on the value and viability of their business ideas — but there is an art and science behind knowing when your brand is ready and what kind of investors will be the best fit. from Business of Fashion https://ift.tt/NaKRzUM

Harvey Nichols has named Julia Goddard chief executive following the departure of Manju Malhotra — who held the post for 25 years — in late 2023. from Business of Fashion https://ift.tt/J8RAEsU

The capital injection will aid the company’s pivot from being an e-commerce site to being a business-to-business venture helping emerging brands enter US retailers. from Business of Fashion https://ift.tt/vrZuWcL

The Hood By Air co-founder’s ready-to-wear capsule for the Paris-based perfume and fashion house will be timed to coincide with the Met Gala in New York. from Business of Fashion https://ift.tt/5ZQ3iIR

The value of retail purchases, unadjusted for inflation, increased 0.7 percent from February, Commerce Department data showed Monday. from Business of Fashion https://ift.tt/GifWeUw

French fashion house Balmain has appointed Matteo Sgarbossa as chief executive, effective May 6. from Business of Fashion https://www.businessoffashion.com/news/luxury/balmain-names-new-ceo/

The nature of working in retail is changing at pace as the purpose of stores continues to evolve. BoF Careers examines how in-store employees can hone and develop their skill sets for success in retail or its adjacent industries, sharing expertise from retail leaders and fashion executives who began their careers on the shop floor. from Business of Fashion https://ift.tt/BZbOHRN

The brand’s scaled-back Revolve Festival points to a new direction in its signature influencer marketing approach. from Business of Fashion https://ift.tt/w2HZS5t

The larger-than-life Italian designer, who built a fashion empire based on his own image, died in Florence last Friday. from Business of Fashion https://ift.tt/MTfi2Dw

This week, designers, collectors and major fashion brands will flock to Milan’s design fair. Also, LVMH reports first-quarter sales. from Business of Fashion https://ift.tt/CA1opUh

The designer synonymous with vibrant animal prints and sand-blasted denim, has died in Florence. from Business of Fashion https://ift.tt/o50diFj

Apparel start-ups founded on the promise of offering men the perfect t-shirt are proving resilient in an otherwise dreary DTC sector rampant with fire sales, bankruptcies and steep revenue declines. from Business of Fashion https://ift.tt/z54ZUj6

Health officials in Tennessee and Illinois this week said they were investigating cases of botulism-like illnesses that appeared connected to Botox injections received in a non-medical setting. from Business of Fashion https://ift.tt/XSJVf2P

Deciem’s other skincare brand, NIOD, also sells serums with names straight out of a lab, but with more complex formulations and higher-end packaging. A decade into the science-backed skincare craze, the company believes its consumers are ready to move upmarket. from Business of Fashion https://ift.tt/nxwbSMs

Louis Vuitton marketing chief Stefano Cantino is joining the Kering flagship as it attempts to reignite growth under CEO Jean-François Palus and creative director Sabato de Sarno. from Business of Fashion https://ift.tt/TmSIO8x

Apparel brands Knot Standard and Billy Reid are teaming up in a move investors say we may see more of as fashion start-ups seek alternative funding routes to grow their businesses. from Business of Fashion https://ift.tt/l0gfsem

The appointments of Richard Clark and Richard Markee as independent directors also resulted in Arkhouse withdrawing its board nominees, the company said. from Business of Fashion https://ift.tt/eswhCc7

The technology is making it easier than ever to create fake reviews faster, better and at greater scale, creating more risk to shoppers being taken in by bogus testimonials. from Business of Fashion https://ift.tt/nMVTKIQ

Manhattanites had little love for the $25 billion megaproject when it opened five years ago (the pandemic lockdowns didn't help, either). But a constantly shifting mix of stores, restaurants and experiences is now drawing large numbers of both locals and tourists. from Business of Fashion https://ift.tt/qw1HEXn

Watch revenues at the French leather goods powerhouse have surged since the launch of its H08 sports range in 2021. Now Hermès is hoping to keep up the momentum with a mechanical sports watch aimed at women called Cut. from Business of Fashion https://ift.tt/CiyLaDu

Allbirds on Monday said it received a notice from Nasdaq flagging its share price remaining below $1 for a month. The embattled sneaker seller has six months to trade at more than $1 for at least 10 consecutive days or risk being delisted, but it could receive another six months extension if it doesn’t meet that deadline. from Business of Fashion https://ift.tt/YcUARsP

Social media and reality TV shows such as Love Island have promoted an aesthetic that is fuelling medical tourism for hair transplants, Brazilian butt lifts and tummy tucks abroad. from Business of Fashion https://ift.tt/gsaJ53E

The company is in discussions to buy 745 Fifth Ave, joining the competition among the world’s top retailers to snap up spots on New York’s iconic luxury shopping corridor. from Business of Fashion https://ift.tt/NjhBMb2

The family-owned premium beauty conglomerate has confirmed it will float shares on the Spanish stock exchange while retaining majority control, following months of speculation. from Business of Fashion https://ift.tt/QIjTLBM

Led by brands including Rolex, Patek Philippe and Audemars Piguet, prices for pre-owned watches soared to unprecedented levels in 2021 and early 2022 as speculators, boosted by low interest rates and soaring cryptocurrency values, snapped up expensive Swiss timepieces. from Business of Fashion https://ift.tt/abgNRUC

From security checkpoints to spiking hotel prices, fashion brands are struggling to plan for the upcoming men’s and haute couture fashion weeks — and separate fact from fiction — in the lead-up to the 2024 Summer Games. from Business of Fashion https://ift.tt/bYHqOyD

The Barcelona-based, family-owned firm plans to file the so-called Intention to Float document as soon as April 8. from Business of Fashion https://ift.tt/WFoCcI6

The two-weekend music festival kicks off on Friday amid questions about whether it’s losing its cachet with music lovers – and its status as one of fashion’s top marketing opportunities. from Business of Fashion https://ift.tt/lH5zMTJ

Avon, the cosmetics group owned by The Body Shop’s former parent company Natura owed just over £13 million. from Business of Fashion https://ift.tt/uTkKMUh

The family-owned fashion group saw a 24 percent increase in Greater China revenue during the period. from Business of Fashion https://ift.tt/40pOna8

BoF condenses key insights and learnings from the world’s largest B2B beauty and cosmetics event, and the trends driving success in the beauty industry today, as shared at Cosmoprof Worldwide 2024, featuring expertise from industry leaders at L’Oréal, Shiseido, Goop, Merck Group, Euromonitor and more. from Business of Fashion https://ift.tt/vl2aBzC

The Spanish retailer described the new line, due to launch on Apr. 23, as “a perfect blend of classic British luxury.” from Business of Fashion https://ift.tt/ZeUX8YA

The retailer’s stock plunged as much as 15 percent Wednesday. from Business of Fashion https://ift.tt/I394Xxh

BoF and Ekimetrics brought together CMOs, CBOs and leaders from the New York fashion industry to discuss the shift from performance to brand marketing. Executives from Gucci, Givenchy, Versace, Estée Lauder, Victoria Beckham Beauty, Saks Fifth Avenue, Neiman Marcus Group, Ganni, Artizia, Anine Bing and Vestiaire Collective shared their insights. from Business of Fashion https://ift.tt/W0NdeZ4

Bizzarri’s new company Nessifashion, set up in Rome in February, aims to invest in other companies and offer strategic advice to those companies, among other possible goals. from Business of Fashion https://ift.tt/v0Uypa9

Warby Parker and Everlane are partnering with small but buzzy fashion brands as it remains expensive and competitive for DTC brands looking to generate profitable sales to reach customers. from Business of Fashion https://ift.tt/SLAdhXe

Outgoing group CEO André Hoffmann is taking a majority stake in the brand, while Grown Alchemist CEO Anna Teal will have minority ownership. from Business of Fashion https://ift.tt/xaTls04

The clothier, which also owns the Tommy Hilfiger, said it expects revenue this year to decrease 6 percent to 7 percent, compared with a 2 percent increase last year. from Business of Fashion https://ift.tt/hGNEUVS

The move follows the company posting losses for the last three quarters due to weak demand as well as increased investments in some brands. from Business of Fashion https://ift.tt/2Owuo8X

The company, which is growing rapidly around the world by using social media to promote its goods, recorded sales of about $45 billion last year and a profit of more than $2 billion. from Business of Fashion https://ift.tt/9mQjOCF

The global industry is turning its attention towards India with a slew of international brands bringing their best selling products to the subcontinent. But local lines are leveraging their close proximity to the customer to produce products that have a perfect market fit for regional shoppers and the diaspora alike. from Business of Fashion https://ift.tt/kjRtbMQ