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Showing posts from June, 2024

Backstage Pass: An Elevation of Muslin at Thom Browne

Tim Blanks goes backstage at ‪Thom Browne‬ ‘s Autumn/Winter 2024 couture show to about the beauty of “unfinished” pieces alongside heavily embroidered ones. from The Business of Fashion https://ift.tt/POUYiKX

Far Right Wins First Round in French Election

Marine Le Pen’s National Rally party won a crushing victory in the first round of voting for the National Assembly in France — home to luxury giants LVMH, Kering and Chanel — according to exit polls. from The Business of Fashion https://ift.tt/Ngq2QxB

This Week: What Elections in the UK and France Mean for Fashion

The promise of political stability in the UK, and the opposite in France, has the industry closely watching the polls. from The Business of Fashion https://ift.tt/qy3OecP

Breaking Out of the Fashion Bubble

The best way to learn and form a more well-rounded view of the complex and multi-faceted world we live in is to directly expose yourself to diverse opinions, writes Imran Amed, who is currently attending the Aspen Ideas Festival. from The Business of Fashion https://ift.tt/L6WA4pt

L’Oréal CEO Sees Slower Beauty Market Growth as China Struggles

Nicolas Hieronimus told investors that he now sees the global beauty market growing between 4.5 percent and 5 percent this year from a previous forecast of 5 percent earlier this year. from The Business of Fashion https://ift.tt/Ktp3IMN

Couture’s Cross-Generational Masterclass

The name on the door says Balenciaga, Gaultier, Armani... but that’s not the whole story. from The Business of Fashion https://ift.tt/8JQmcyn

Couture’s Season of Monumentalism

A sense of sculptural rigidity and a stiff monumentalism was all over Paris Couture Week, writes Angelo Flaccavento. from The Business of Fashion https://ift.tt/e87m2fA

The Identity-Opportunity for Independent Brands

At CIFF’s Nordic showcase during Milan’s menswear week, BoF moderated a panel with CDLP co-founder Andreas Palm, Celine Aagaard of Envelope 1976 and Adnym’s Frippe Persson, discussing the growing opportunity for independent brands as sentiment shifts towards more nuanced self-expression among younger consumers. from The Business of Fashion https://ift.tt/Wke8T0q

L Catterton Group Raises $756 Million in Birkenstock Share Sale

The LVMH-backed private equity firm will have about a 73 percent stake in Birkenstock after the sale. from The Business of Fashion https://ift.tt/J1P0cxd

Levi Strauss Posts Quarterly Revenue Miss, Maintains Annual Forecasts

Shares of the company, which have risen 39 percent so far this year, were down 11 percent in extended trading. from The Business of Fashion https://ift.tt/Ve9NKo6

Amazon Plans Discount Web Store in Effort to Counter Temu, Shein

The Seattle-based company’s plans show Amazon shipping goods directly to customers from China. from The Business of Fashion https://ift.tt/wYE92to

Why Influencers Want You in Their Group Chats

Instagram’s broadcast channel feature is becoming a favourite for online creators and brand founders as a place to seek feedback and share a more unvarnished look at their lives. It’s also proving to be a powerful marketing tool. from The Business of Fashion https://ift.tt/xStizTC

Couture Day Two: Chanel and Dior’s Haute Loses Heat

No fireworks from the world’s most famous fashion brands, writes Tim Blanks. from The Business of Fashion https://ift.tt/J4IpBYc

Join Imran Amed and the BoF Professional Community in Manila

From analysis of the global fashion industry to career advice, BoF’s founder and CEO, Imran Amed will share his personal and professional journey with Vogue Philippines editor in chief Bea Valdes and fashion director Pam Quinones and reflect on the market forces and consumer trends shaping the future of the global fashion industry. from The Business of Fashion https://ift.tt/FEitxnN

LVMH Buys High-End Swiss Clock Manufacturer L’Epée 1839

The acquisition adds a small but prestigious brand to LVMH’s watchmaking division, which is headed by Frédéric Arnault. from The Business of Fashion https://ift.tt/2z8uNiX

At Oeko-Tex, Unpacking Fashion’s Future of Sustainability

The textile and leather certification company allows fashion brands to signpost how they comply with environmental requirements through its modular certification system. Here, interim CEO Dr. Stefan Droste discusses the role transparency and certification play in fashion today and how businesses can stay ahead of regulatory change. from The Business of Fashion https://ift.tt/qinXmca

Americans in Paris

What does it mean that Daniel Roseberry and Thom Browne are offering the most stimulating takes on haute couture? from The Business of Fashion https://ift.tt/fkmg5Ly

Sanders Targets ‘Unacceptable’ Price of Weight-Loss Drugs Ozempic and Wegovy

Americans paid 10 times more for Ozempic than patients in the United Kingdom in 2023. That wild discrepancy has captured the attention of one of the drug industry’s loudest critics, the US senator Bernie Sanders. from The Business of Fashion https://ift.tt/DtuY21A

Adidas CEO Rides Samba Craze to Revive Brand After Ye Debacle

Bjorn Gulden’s reliance on gut instinct has produced some successes already, but investors are wondering how far it will carry the company and whether it could create new vulnerabilities in the future. from The Business of Fashion https://ift.tt/Am0UncT

Frasers Buys THG’s Coggles Website as They Unveil Partnership Deal

THG on Monday said it had sold sites including Coggles to Frasers as part of a partnership deal that also includes Frasers using THG’s technology in some parts of its business. from The Business of Fashion https://ift.tt/nuOqNGv

‘Vogue World’ Takes on Paris — and Sports

The magazine blended fashion, celebrity and sport at an event kicking off Paris Fashion Week. from The Business of Fashion https://ift.tt/VEY6clI

Dries Van Noten: So Long, Farewell

But after 38 years, 150 collections and 129 shows, is it possible that the best is still to come for Belgium’s finest? In an in-depth profile, Tim Blanks explores the departing designer’s past, present and future, writes Tim Blanks. from The Business of Fashion https://ift.tt/TEfLn16

This Week: Levi’s, H&M and Nike Try to Clear a Low Bar; Couture Week

The fashion giants are mid-turnaround, but could use strong quarterly results to buy time for their plans to kick in. from The Business of Fashion https://ift.tt/C2pfVJe

Report: Carlyle Pushing Ahead With Sale of Italian Fashion Brand Twinset

US private equity firm Carlyle Group is pushing ahead with the sale of Italian fashion brand Twinset, asking potential bidders to submit non-binding offers, two sources close to the matter said on Friday. from The Business of Fashion https://ift.tt/D2ceiBQ

BoF Insights and Quilt.AI Form Partnership to Deliver AI Solutions in Fashion and Beauty

The Business of Fashion is delighted to announce a partnership between its data and advisory team, BoF Insights, and artificial intelligence leader Quilt.AI to provide AI-powered advisory services and subscription tools to fashion and beauty clients. from The Business of Fashion https://ift.tt/qHTogt5

Swiss Watch Exports Drop in May as China Slowdown Persists

Swiss watch exports fell in May as a slowdown in demand for premium and luxury timepieces in China and Hong Kong continued. from The Business of Fashion https://ift.tt/slxT5fK

Julie Bornstein’s New AI Start-Up Raises $50-Million Seed Round

The venture is a search and discovery platform for fashion that’s built around the capabilities of generative AI. from The Business of Fashion https://ift.tt/Tz6NXif

Augustinus Bader Sales to Top $130 Million This Year

The ultra-premium skincare brand is expecting sales to lift as much as 40 percent, as demand for its celebrity-loved products holds out. from The Business of Fashion https://ift.tt/sRPFDQ9

Why Milani Cosmetics Is Playing Sports

Ahead of the Paris Olympics this summer, the cosmetics label is rolling out a campaign starring WNBA star Sabrina Ionescu, gymnast Jordan Chiles, volleyball player Chiaka Ogbogu and weightlifter Mattie Rogers, becoming the latest beauty label to bet on the power of athletes. from Business of Fashion https://ift.tt/jowxTBY

How Unilever Prestige Ensures Its Brands Stay Relevant

On stage at The Business of Beauty’s Global Forum, Vasiliki Petrou discussed market disruption, evolving consumer behaviour and how she believes brands like K18, Tatcha, Hourglass and Dermalogica stay relevant to their consumers in a saturated market. from Business of Fashion https://ift.tt/lCPW5Jq

Golden Goose Postpones Planned IPO

Permira-backed luxury sneaker maker Golden Goose Group SpA has decided to postpone its planned initial public offering, people familiar with the matter said. from Business of Fashion https://ift.tt/kiF5tAD

Fara Homidi Elevates the Artistry-Led Makeup Brand

Balancing ease of use with professional-grade formulas, Fara Homidi Beauty creates formulas that can go the distance, without compromising on clean credentials. from Business of Fashion https://ift.tt/jyTlYdK

Are Signature Sneakers Still Relevant?

After years of stagnation, the market for signature shoes from basketball stars is heating up again, boosted by a new generation of athletes and fresh challenges to Nike’s dominance from a resurgent Adidas and a host of Chinese brands like Anta and Li-Ning. from Business of Fashion https://ift.tt/pG4en86

How Marketplace Models Are Driving Growth in Beauty

At The Business of Beauty Global Forum, Front Row’s marketplace partnership VP of brand strategy, Alex Carmody, shared insights on how marketplaces can be used to build routes to core customers. from Business of Fashion https://ift.tt/Ld5SHAl

This Week: Golden Goose Tests Investors’ Trend Forecasting Chops

The footwear brand is hoping for a $2 billion market capitalisation with its initial public offering, which means selling the market on distressed sneakers being more than a fad. from Business of Fashion https://ift.tt/ZFEgnl6

The Fashion System Is Creaking. Will It Collapse?

Lately, something has not been feeling quite right in fashion. First Kering, and now LVMH and Chanel, seem to be creeping into crisis management mode. from Business of Fashion https://ift.tt/Ni78ZmG

At Pitti, Fashion Leaned on the Past

Reverence for times past dominated the Florentine trade show that ended on Thursday, reports Angelo Flaccavento. from Business of Fashion https://ift.tt/zwsb6AX

Unilever Prestige CEO Vasiliki Petrou to Step Down

The executive is leaving the beauty conglomerate to launch her own investment fund. from Business of Fashion https://ift.tt/2tgj5Um

Shein Hikes Prices Ahead of IPO

Shein’s average price hikes exceeded those of its rivals H&M and Zara, according to data from London-based research firm EDITED, which compared prices on June 1 with a year earlier. from Business of Fashion https://ift.tt/1PMgK2Q

Op-Ed | The Myth of Ethical Luxury

Beneath luxury’s glamorous surface lies a network of supply chains tangled with the same labour abuses as fast fashion. Brands can, and should, do better, argues Caterina Occhio. from Business of Fashion https://ift.tt/hHKuQkM

Fara Homidi Elevates the Artistry-Led Makeup Brand

Balancing ease of use with professional-grade formulas, Fara Homidi Beauty creates formulas that can go the distance, without compromising on clean credentials. from Business of Fashion https://ift.tt/JDYTXSG

Temu Lures More Repeat Customers than EBay, Pressures Amazon

The top source of consumer dissatisfaction is Amazon’s pricing, suggesting that deals — not speedy delivery — have become a priority for inflation-battered consumers. from Business of Fashion https://ift.tt/cRKbJmw

The Brands and Retailers Successfully Engaging Gen-Z on Social Media

In Launchmetrics’ latest report ‘Reinventing Influence: The Gen Z Impact on Fashion Marketing’, a leading software, data and insights provider in fashion, lifestyle and beauty assesses brands in the luxury, premium and mass-market segments generating the greatest growth in media impact value. Discover key insights from the downloadable report here, alongside BoF analysis. from Business of Fashion https://ift.tt/PE5KOUa

Masterclass | Building an Effective Loyalty Programme

Join us for a BoF Professional Masterclass that explores the topic in our latest Case Study, “Building an Effective Loyalty Programme.” from Business of Fashion https://ift.tt/3dxrzeW

What Is Buzz Worth?

Many fashion brands have prioritised manufacturing viral moments meant to create chatter online. But that alone can’t be the foundation of a brand’s marketing strategy. from Business of Fashion https://ift.tt/lj7sLzB

Craig Green and Charles Jeffrey: Let’s Call Them Saviours

There was nothing normal about London Fashion Weekend… except for the supreme talent on show. from Business of Fashion https://ift.tt/Gm9Djuy

This Week: Waiting for the Shein IPO

The fast fashion giant is reportedly close to filing to go public in London, but faces doubts about its business and the political environment. from Business of Fashion https://ift.tt/9kK2Djs

LVMH Lines Up Next CFO as Luxury Empire’s Succession Stakes Grow

The parent company of Louis Vuitton appointed Cecile Cabanis as deputy finance director, reporting to CFO Jean-Jacques Guiony. from Business of Fashion https://ift.tt/VMeioZg

Rafael Pavarotti Shoots to Thrill

The boy wonder photographer from Brazil meets his match in Rihanna. from Business of Fashion https://ift.tt/1OgE3d5

Bianca Saunders Wins 2024 BFC/GQ Fashion Fund

The London-based designer will receive a £100,000 grant along with business mentoring and pro-bono legal services for her namesake brand. from Business of Fashion https://ift.tt/JBAInmy

Pearls Are Undergoing a Fashion-Fuelled Revival

From Miu Miu and Pharrell Williams to skater boys on TikTok, pearls have shaken off their country-club reputation to become markers of personal style.Pearl giants Tasaki and Mikimoto and indie designers like Sophie Bille Brahe prove that jewellers are seizing the moment. from Business of Fashion https://ift.tt/0iDFpy3

Chanel’s Big Dividend Brings Owners’ Windfall to $12 Billion

The Wertheimers’ are to receive a $5.7 billion dividend for 2023, the largest annual payout since the maker of expensive tweed ensembles and quilted flap bags began publishing results in London six years ago. from Business of Fashion https://ift.tt/ys9lrOf

Chanel Designer Virginie Viard to Exit

Karl Lagerfeld’s successor is preparing to leave the brand, Chanel told BoF. from Business of Fashion https://ift.tt/XBgV9ZK

MercadoLibre Investments in Brazil This Year to Top Initial Forecast

MercadoLibre intends to allocate new staff in two new distributions centres it plans to open in Brazil this year. from Business of Fashion https://ift.tt/UAaH1S5

The Ballad of the Birkenstock

How the 250-year-old German orthopedic shoe company with “Succession”-level family drama transformed itself into a luxury behemoth. from Business of Fashion https://ift.tt/W8AiKxu