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Showing posts from February, 2025

Waiting for Gucci

Kering’s flagship brand is expected to announce a new creative director “promptly.” The sooner the better, writes Imran Amed. from The Business of Fashion https://ift.tt/oRESnex

Milan Day Four: Cracking Fashion Codes

Designers at Versace, Moschino, Tod’s and Missoni grappled with how to interpret deep-rooted house codes, while Sunnei’s Simone Rizzo and Loris Messina kept creating their own. from The Business of Fashion https://ift.tt/BqkgKJ9

The BoF Podcast | James Whitner on Culture, Community and Building Brands with Purpose

From the importance of playing the “long game” to staying optimistic amid social and political change, the founder of The Whitaker Group, known for boutiques like A Ma Maniére and Social Status, shares what it takes to merge culture, community, and commerce. from The Business of Fashion https://ift.tt/WljvGpY

Milan Day Three: Visions of Femininity

On the third day of Milan Fashion Week, Prada, Roberto Cavalli and Etro proposed their takes on how a woman should look. from The Business of Fashion https://ift.tt/RV1ebWm

Mexico Analysing More Measures to Crack Down on Low-Cost Shipments, Official Says

The country is considering additional trade measures to address low-cost imports, particularly from China, after introducing tariffs on “de minimis” purchases to combat contraband and avoid tax evasion. from The Business of Fashion https://ift.tt/YyLVrh0

Rabanne Owner Puig Expects Slower Sales Growth in 2025

The global beauty slowdown and possible tariffs factored into a projected deceleration in the coming year. from The Business of Fashion https://ift.tt/JEr4u53

Urban Outfitters' Clothing Rental Platform Turns Its First Annual Profit

Rental platform Nuuly reported an operating income of $13.3 million last year, a major benchmark for a concept that’s long been associated with rapid growth and steep losses. from The Business of Fashion https://ift.tt/1EleHV3

Michael Strahan to Start His Own Custom Men’s Tailoring Operation

The direct-to-consumer tailoring arm will offer made-to-order suits at flat prices within two weeks. from The Business of Fashion https://ift.tt/4LMT96J

Steve Madden Plans to Raise Prices Due to China Tariffs

The accessories company is hiking its prices in the fall as part of its strategy to mitigate rising costs. Steve Madden will also accelerate its shift in production away from China to maintain profitability. from The Business of Fashion https://ift.tt/DARNnJu

Jil Sander Parts Ways With Designers Lucie and Luke Meier

The husband-and-wife design duo have led the OTB-owned brand since 2017. from The Business of Fashion https://ift.tt/mMsUzpX

Saks Global Is Laying Off About 5% of US Corporate Workers

The layoffs come as the company continues the integration process following the recent acquisition of Neiman Marcus. from The Business of Fashion https://ift.tt/Q5VpIJg

The Debrief | Why Can’t Fashion Fix Its Labour Exploitation Problem?

Sustainability editor Sarah Kent joins executive editor Brian Baskin and senior correspondent Sheena Butler-Young to discuss new revelations of forced labour in fashion’s supply chain, and why the industry can’t seem to consistently protect its workers. from The Business of Fashion https://ift.tt/QoOf814

The Value of London Fashion Week

Daniel Lee’s refocused Burberry won over plenty of eyeballs, but London’s purpose in the fashion ecosystem is more about incubating rising talents like Dilara Findikoglu and S.S. Daley than earned media value, writes Susanna Lau. from The Business of Fashion https://ift.tt/vFTaEuO

Hims & Hers’ 458% Rally Tested as FDA Undercuts Obesity Sales

The telehealth company’s meteoric rise has hit a roadblock after FDA regulations challenge its weight-loss drug business, setting up a crucial test for the stock ahead of Monday’s earnings report. from The Business of Fashion https://ift.tt/p2FLr3G

Pinaults Double Down on Cruises with Aqua Deal

The family that controls Kering recently bought a majority share in Aqua Expeditions, a boutique luxury cruise line. The push comes as arch rival LVMH, as well as Ritz-Carlton, Four Seasons and Aman, invest in ‘floating hotels.’ from The Business of Fashion https://ift.tt/Uo3Gx89

Ray-Ban Names A$AP Rocky Its First Creative Director

The hip-hop artist’s first collection for the EssilorLuxottica-owned eyewear label debuts in April. from The Business of Fashion https://ift.tt/JXIjMyS

Can Formula 1 Keep TAG Heuer in the Fast Lane?

The LVMH-owned brand plans to spend nearly 20 percent of sales on marketing this year, new CEO Antoine Pin says, doubling down on partnerships in the fast-expanding world of F1 racing in an effort to keep up growth in a sluggish watch market. from The Business of Fashion https://ift.tt/TPgn0wl

Shein Profit Dropped Last Year, Further Challenging IPO, FT Says

The Financial Times reported the fast-fashion retailer’s profit slumped by almost 40% last year and that net income fell to $1 billion. from The Business of Fashion https://ift.tt/IckhbGf

This Week: Transitional Fashion Weeks in London and Milan

With so many brands between designers, the shows will be as much about luxury’s past as its future. from The Business of Fashion https://ift.tt/r7QpHg0

Poor Payors: Assessing the Storm Around Saks

The department store operator’s letter to brands is a sign of a growing power imbalance in the wholesale market that increasingly favours big retailers, threatening the overall health of the fashion ecosystem. from The Business of Fashion https://ift.tt/HPlrR3E

Paolo Carzana: London’s Slow Fashion Poet

The Welsh designer’s fledgling label is set to draw a bigger spotlight at London Fashion Week this season. from The Business of Fashion https://ift.tt/yEWn4m9

Kering Names General Secretary, Strategy Chief

The French luxury conglomerate is elevating Mélanie Flouquet and recruiting BCG’s Joël Hazan, shaking up its leadership amid financial pressure. from The Business of Fashion https://ift.tt/FmTPIXw

California Bill Would Ban the Sale of Anti-Ageing Skincare to Children

If passed, the law would ban the sale of products with ingredients such as retinol, glycolic acid and vitamin C to children under the age of 18. from The Business of Fashion https://ift.tt/5FmBkPb

Saks Wanted to Clear the Air With Brands. The Plan Backfired.

Relations between Saks Global and many of the 2,000-odd brands stocked in its department stores appear to be worse than ever after the owner of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman sent a letter this week setting new payment terms. from The Business of Fashion https://ift.tt/U5CjzLu

EU Moves Closer to Putting a Waste Tax on Fashion

Brands and retailers will be required to cover the costs of collecting, sorting and recycling old clothes. from The Business of Fashion https://ift.tt/4Sh6CDp

The Face Magazine Gets Major Museum Show

London’s National Portrait Gallery examines how the loud, left-field British style bible helped drive two big changes in fashion photograph. from The Business of Fashion https://ift.tt/Nkh69JQ

Resale Prices Are All Over the Place. Here’s Why That’s a Problem.

In a fragmented market, resale prices are more scattergun than ever. This leads to confused buyers, disillusioned sellers and market stagnation. from The Business of Fashion https://ift.tt/hOXaRzv

Trump Antitrust Enforcers to Keep Biden-Era Merger Rules

The Trump administration’s antitrust enforcers will stick with Biden-era merger review rules, a move that impacts high-profile deals like the FTC’s successful challenge to the Capri Holdings-Tapestry merger. from The Business of Fashion https://ift.tt/mJzCByK

Trump Tariffs Would Test Luxury’s Pricing Power

Executives at Hermès and Kering said last week they could leverage their brands' cachet to absorb any additional duties. from The Business of Fashion https://ift.tt/PDwR6qE

The Debrief | Can Kering Fix Gucci?

Luxury editor Robert Williams joins executive editor Brian Baskin and senior correspondent Sheena Butler-Young to discuss Gucci’s dramatic sales decline, leadership churn, and the broader challenges facing the luxury group Kering, as the conglomerate seeks a path to recovery. from The Business of Fashion https://ift.tt/YghQOdj

Exclusive: Diane von Furstenberg Inks Distribution Deal With Zalando

Diane von Furstenberg Inks Distribution Deal With Zalando. The iconic American dress brand is trading traditional wholesale for exclusive regional distribution deals as part of its revamp strategy. from The Business of Fashion https://ift.tt/l69Jnrj

Building Competitive Advantage in Customer Care Through AI

BoF and Zendesk gathered executives from Ralph Lauren, Walmart, Michael Kors and Tapestry for an intimate breakfast under the Chatham House Rule to discuss the challenges and opportunities in leveraging AI at key touchpoints in the customer journey. from The Business of Fashion https://ift.tt/PJBA1sz

TikTok Grabs Market Share From Shein Despite Looming Risks

Observed sales grew 153 percent for TikTok Shop during the month, compared with 26 percent for Shein and 28 percent for Temu, BSM’s Joe Hung said in a research note. from The Business of Fashion https://ift.tt/A4CtYkM

How Emerging Brands Can Solve the Wholesale Puzzle

Partnering with department stores and boutiques used to be the first and sometimes only option for new labels to break though. Today, that path often winds through Shopify and Instagram first, but multi-brand retailers still have an important role to play. from The Business of Fashion https://ift.tt/lQUHVvP

Stars Sport Black at Goth-Tinged Baftas in London

The moody theme, which has been making a comeback, dominated style at the award ceremony. from The Business of Fashion https://ift.tt/680KWsa

This Week: BAFTAs, F1 and London Fashion Week

Sports and film will keep the hype machine going in the gap between New York and London shows. from The Business of Fashion https://ift.tt/t4lPn7E

Ideas for London and New York Fashion Weeks

With the growing consolidation of fashion month energy in Paris and Milan, New York and London have some hard thinking to do about how to make their fashion weeks more impactful and less wasteful — of time, money and energy. from The Business of Fashion https://ift.tt/7hsQ90b

Customers to Brands: Know Thyself

Fashion brands are working harder to clarify their messaging around what they stand for and what makes them different. How will customers respond? from The Business of Fashion https://ift.tt/FziLqIh

Crocs Inc. Sales Rise Thanks to China and North America

The company expects continued momentum for its Crocs brand in 2025. from The Business of Fashion https://ift.tt/xhB7AFs

RFK Jr. Confirmed as Head of Health and Human Services

Kennedy was approved largely along party lines after tense confirmation hearings in which he was questioned over the possibility he could dismantle America’s vaccine infrastructure. from The Business of Fashion https://ift.tt/Yr5OSAK

Moncler Shares Surge, Boosted by Recovery in China

Moncler Group’s full-year revenues rose 7 percent to €3.11 billion ($3.42 billion), the company announced Thursday. from The Business of Fashion https://ift.tt/GEiJs0p

Steve Madden to Buy UK Shoe Brand Kurt Geiger for $360 Million

The Long Island-based company will acquire fashion and accessory label Kurt Geiger from private equity firm Cinven, with the deal expected to close by the second quarter, pending regulatory approval. from The Business of Fashion https://ift.tt/dolJvEL

Miu Miu Names New CEO Silvia Onofri As Design Director Decamps to Versace

Prada’s ‘little sister’ brand is seeking a soft landing after a period of explosive growth. In addition to chief executive Benedetta Petruzzo’s exit, design director Dario Vitale has recently left the brand. from The Business of Fashion https://ift.tt/OLk2VdW

Tapping Consumer Trends and Cultural Opportunities in Dubai

The final section of the paper, Inside the Fashion Opportunity in Dubai, unpacks how fashion brands can optimise their product ranges for improved impact in Dubai — with unique insights collected by d3 and BoF Insights from a consumer survey of the city’s residents. This section also details the regional social calendar and social media landscape, and how global brands can effectively tap into this space. from The Business of Fashion https://ift.tt/NXUp45i

Mytheresa’s Profits Soar Ahead of Its YNAP Acquisition

The German luxury e-tailer more than doubled its adjusted earnings in its second fiscal quarter that ended in December, providing a glimpse into how it will fare once its deal to acquire its competitor, Yoox-Net-a-Porter, is approved. from The Business of Fashion https://ift.tt/uFWA9rB

Dr. Bronner’s Ditches Widely Used ‘B Corp’ Sustainability Certification for ‘Weak’ Rules

The soap maker said the integrity of the B Corp standard has become compromised and that its rules are letting firms greenwash. from The Business of Fashion https://ift.tt/5LHryJ6

The Debrief | Can Estée Lauder Win Over the Modern Beauty Consumer?

As the beauty conglomerate struggles with falling sales and rising competition, new CEO Stéphane de La Faverie is implementing a strategic overhaul to modernise the company. The Debrief unpacks how the company’s family-controlled structure, market shifts and evolving consumer expectations are making his task difficult. from The Business of Fashion https://ift.tt/jLF8T3b

The Hottest Trend in Makeup is Skincare

A wave of new launches from brands like Versed, Glow Recipe and Rhode Skin show how skin-first brands are approaching color cosmetics without leaving their value propositions behind. from The Business of Fashion https://ift.tt/j4Kr5wI

Gucci Sales Plunge, Piling Pressure on Kering’s Turnaround

The Italian brand’s fourth-quarter sales dropped 24 percent. Owner Kering’s sales fell 12 percent overall as Bottega Veneta accelerated. from The Business of Fashion https://ift.tt/8YCM5pO

Adidas Launches New Premium Line, A-Type

The collection, which will feature high-end reworkings of Adidas’ most iconic items, arrives as the brand’s archive helps to drive its global popularity. from The Business of Fashion https://ift.tt/uOkI2Pt

Coty Misses Quarterly Revenue Estimates

Coty cut its annual profit forecast on Monday after missing second-quarter revenue estimates on Monday, as it grapples with slowing demand for cosmetics in the United States and a tighter control of beauty inventory by retailers. from The Business of Fashion https://ift.tt/BAxT2Ph

Dubai’s Rapidly Evolving Infrastructure and Value Chain

The second section of the paper ‘Inside the Fashion Opportunity in Dubai’ examines the evolution of Dubai’s infrastructure, from its advancing manufacturing and prototyping facilities to its reputation as a regional talent and logistics hub. from The Business of Fashion https://ift.tt/zBo2sTl

This Week: The Super Bowl; Gucci at a Crossroads

Expectations are low for the struggling luxury mega brand, as parent Kering reports fourth-quarter results. from The Business of Fashion https://ift.tt/gkhG2C4

The Verdict on Calvin Klein’s Return to the Runway

In resurrecting the brand’s ‘Collection’ line, designer Veronica Leoni aimed to pick up where Calvin left off. If a bit of nostalgia was inescapable and a hint of ‘fashion nun’ crept into the outing, her point of view was clear, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/P53BIGt

E.l.f. Beauty Shares Crater as Weakening Cosmetics Demand Dents Annual Forecasts

E.l.f. Beauty’s shares tumbled over 20 percent in extended trading on Thursday, after the cosmetics company cut its annual net sales and profit forecasts, citing weak demand in the mass beauty category at the start of the year. from The Business of Fashion https://ift.tt/8tQc0Tz

Who Will Lead the House of Gucci?

The abrupt departure of creative director Sabato De Sarno raises questions over who will replace him and how long it will take to get Kering’s anchor brand back on track. from The Business of Fashion https://ift.tt/huNlb9R

Billionaire Bettencourt Meyers to Retire From L’Oréal’s Board

Francoise Bettencourt Meyers, heir to the L’Oréal fortune, will retire from the company’s board later this year, passing her vice-chairman role to her son, Jean-Victor Meyers, in a sign of generational succession. from The Business of Fashion https://ift.tt/oAr9ThP

L’Oréal Sales Miss Estimates as China Demand Remains Weak

Sales missed expectations at 2.5 percent growth, as softened demand in the US compounded by persistent sluggishness in the Chinese market dragged down overall earnings. from The Business of Fashion https://ift.tt/EVvplgn

Sabato de Sarno Exits Gucci

The creative director is leaving after two years at the brand, whose pivot to more universal styling and an emphasis on iconic wardrobe pieces has struggled to gain traction in a tough market for luxury. from The Business of Fashion https://ift.tt/Jzn1ZNG

Why Louis Vuitton Went Back to Murakami

Plus, Hollywood versus Silicon Valley, Frieze and the Oscars after the LA fires, Spotify enters video with The Weeknd, and more from arts columnist Marc Spiegler. from The Business of Fashion https://ift.tt/JKGQkTO

Shein Vendors Fear Thin Margins Will Vanish Under New USPS Rules

The US Postal Service’s recent back-and-forth on inbound international packages from China is creating uncertainty for Chinese e-commerce platforms like Shein and Temu, as new tariffs on small parcels could lead to higher costs and delays. from The Business of Fashion https://ift.tt/FTdjHgG

Area Co-Founder Piotrek Panszczyk Departs After a Decade

Alongside Beckett Fogg, the designer turned the New York-based brand into a red carpet favourite known for its eye-catching clothes and accessories. from The Business of Fashion https://ift.tt/mTw0loi

California Introduces Bill to Regulate Fashion’s Environmental Impact

New York and Massachusetts are pursuing similar legislation to make large brands reduce their greenhouse gas emissions. from The Business of Fashion https://ift.tt/QpKu71l

Branded Resale Service Provider Archive Raises $30 Million

Archive works behind-the-scenes with brands like New Balance, The North Face and Oscar de la Renta to power their in-house resale programmes. from The Business of Fashion https://ift.tt/PujB8ex

Decoding LVMH Watch Week

The event was the first time the group’s watch brands had come together publicly since LVMH Watches chief executive Frédéric Arnault announced plans to streamline the division’s operations in November last year. from The Business of Fashion https://ift.tt/McVy5ov

Quiksilver, Billabong Retailer Liberated Brands Files Bankruptcy

Liberated Brands cited shifting consumer preferences towards fast fashion and rising costs as reasons for the filing. The firm is planning to wind down its North American operations and sell its international assets. from The Business of Fashion https://ift.tt/n1A2DtZ

Ferragamo Parts Ways With CEO Marco Gobbetti

Gobbetti will leave next month after just over three years in the role, during which he failed to stop sliding sales and shares lost 66 percent of their value. from The Business of Fashion https://ift.tt/m8TePdy

Is Fashion Learning to Love the Trumps?

The First Lady was largely ignored by the fashion establishment during Trump’s first term. The tide is turning. from The Business of Fashion https://ift.tt/ATLZBsK

The Niche Fragrance Brands Set to Break Through in 2025

Beauty’s most dynamic category is outperforming an otherwise cooling market, with no shortage of hopeful new brands or viral moments. These are the brands to watch. from The Business of Fashion https://ift.tt/mVE7ks2

Inside the Fashion Opportunity in Dubai

Working with Dubai Design District and leveraging proprietary data from BoF’s data think tank, BoF Insights, this white paper explores the commercial and creative opportunities in the city of Dubai for fashion and luxury businesses looking to optimise and expand their presence, reach and operations in the region. from The Business of Fashion https://ift.tt/eX8ZDsM

EU to Make E-Commerce Platforms Liable for Unsafe Goods

The European Union is planning to make e-commerce platforms such as Temu, Shein and Amazon liable for dangerous or illegal products sold online. from The Business of Fashion https://ift.tt/fj1aPWC

Mexico, Canada and China Hit Back Against Trump’s Trade Tariffs

The three countries have vowed to retaliate against the new US tariffs announced on Saturday by President Donald Trump which impose a 25 percent levy on imports from Mexico and Canada and a 10 percent additional levy on China starting Tuesday. from The Business of Fashion https://ift.tt/mFMrg9Q

This Week: Trump’s Tariffs, New York Fashion Week, Retail Earnings

The schedule is missing some big names, but added a high-stakes debut at Calvin Klein. Plus, Ralph Lauren, e.l.f., Tapestry and others report fourth-quarter results. from The Business of Fashion https://ift.tt/1WNVHBT