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Showing posts from April, 2025

Louis Vuitton Names Pierre Castillon VP Communications, Strategic Planning And Digital

Castillon will report to Blake Harrop in a role merging strategic planning and performance measurement across communications activities. from The Business of Fashion https://ift.tt/Hcv9YqM

How Aesop Nurtures Retail Consultants for Head Office Roles

Employee development across business functions and regions is core to the global luxury brand’s culture — to foster its in-house talent from the retail environment for head office roles. BoF sits down with three Aesop employees across North America, all of whom started within an Aesop store, to learn more about their growth at the business. from The Business of Fashion https://ift.tt/qe43FVc

Decoding Black Dandyism, the Theme of This Year’s Met Gala

‘It’s a sartorial style that asks questions about identity, representation, mobility – race, class, gender, sexuality and power,’ said Monica L. Miller, whose book ‘Slaves to Fashion’ inspired this year’s Met Gala and accompanying exhibition. from The Business of Fashion https://ift.tt/VhILmAZ

Remembering Anna Riva

The groundbreaking editor, who died last week at the age of 90, helped pioneer the Italian fashion sector, writes Angelo Flaccavento. from The Business of Fashion https://ift.tt/eZluQ6S

Il Makiage Parent Raises Full-Year Outlook

Oddity now expects full year revenue to land between $790 million and $798 million, with an adjusted EBITDA of between $157 million and $161 million. from The Business of Fashion https://ift.tt/o6bO8Hv

Nike Forms New Team for Secretive Brand With Kim Kardashian

The sportswear company is assembling executives and designers to operate the new brand with Skims, with plans to release its first womenswear collection this spring. from The Business of Fashion https://ift.tt/oQE0tPU

Chanel Closes NYC Beauty Concept Boutique

The brand’s Chanel Atelier Beauté shop featuring beauty services has reportedly been closed since January 2025. from The Business of Fashion https://ift.tt/M8zTtCx

Textile Recycler Eeden Raises €18 Million

The German startup aims to build a demonstration plant capable of recycling clothes made of polyester and cotton blends. from The Business of Fashion https://ift.tt/zaSIsM1

Puig Posts 8% Rise in First Quarter Sales

Losses in the Spanish conglomerate's makeup business were offset by strong demand for its fragrance and fashion division, which grew 10 percent in the first quarter of 2025. from The Business of Fashion https://ift.tt/BvAsEqV

De Beers Group Is Hiring on BoF Careers

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion and beauty talent. from The Business of Fashion https://ift.tt/Zgu5iTS

Case Study | How Brands Build Genuine Communities

Community is too often reduced to a buzzword, but when cultivated correctly, it can be one of fashion’s most powerful means for engaging customers and building loyalty, particularly in times of economic uncertainty. This case study looks at examples of brands that have successfully created thriving fan communities and their approaches to creating lasting and rewarding relationships with their customers. from The Business of Fashion https://ift.tt/5BAJpVq

Nike Sued Over Closure of Crypto Business

Purchasers of Nike-themed cryptocurrency assets said they suffered significant losses when the company abruptly closed its RTFKT unit in December. from The Business of Fashion https://ift.tt/ZSrjumh

Shein Hikes US Prices Ahead of Tariff Increases

For women’s clothing the average rise was 8 percent, but some items saw much more substantial price rises. from The Business of Fashion https://ift.tt/o9sniMU

This Week: Adidas, Prada and the US Conference Board Assess the Tariffs’ Impact

A busy stretch of economic data and earnings will offer a clearer picture of how Trump’s trade war is affecting the industry. from The Business of Fashion https://ift.tt/l9Oz5CQ

‘Protect the Dolls’ T-Shirt Becomes a Fashion Symbol for Trans Rights

The viral Conner Ives-designed shirt has been worn by musician Troye Sivan and actor Pedro Pascal; its sales have raised £380,000 for Trans Lifeline with “that figure going up by the hour.” from The Business of Fashion https://ift.tt/Gy9eQwc

Will the End of De Minimis Kill the Shein Haul?

As the de minimis loophole is set to close in the US, the fate of fast-fashion purveyors Shein and Temu, who announced price increases effective today, hangs in the balance. from The Business of Fashion https://ift.tt/af4noc5

US and China Holding Talks on Trade War, Trump Says After Beijing Rebuttal

Trump told reporters the US and China held talks on Thursday to resolve the trade war between the world’s two largest economies. from The Business of Fashion https://ift.tt/tqAfCPw

Francois Pinault’s Wealth Slides as Heir Fails to Revive Gucci

The 88-year-old founder of Kering SA has seen his net worth drop by 29 percent to $18.6 billion since August 2021. from The Business of Fashion https://ift.tt/iOck2uL

Authentic Brands Group Weighs Rival Bid for Guess?

The New York-based brand management company is considering launching a rival takeover bid for American clothing company Guess? Inc. from The Business of Fashion https://ift.tt/MjdwV3D

Louis Vuitton Raises Price on Popular US Bag Following New Trump Tariffs

The luxury brand has hiked the Neverfull GM bag’s price by 4.8 percent since last week. from The Business of Fashion https://ift.tt/Yvz1EDK

‘They Played Us’: Forever 21 Vendors Scorn Retailer’s Bankruptcy

Several vendors are alleging the fast-fashion brand’s US operator requested heavy discounts on orders and took delivery of shipments shortly before filing for bankruptcy without disclosing its plans to reorganise. from The Business of Fashion https://ift.tt/oCqyPIE

Adidas Earnings Bolstered Again by Retro Sneaker Craze

The German sportswear company posted operating profit of €610 million ($692 million) in the quarter, beating expectations. from The Business of Fashion https://ift.tt/rMjgDI0

Fashion’s Unexpected Data Treasure Troves

A wave of independent fashion brokers — including sourcers, Substackers and stylists — are figuring out how to use the information they gather from their plugged-in audiences, who are increasingly interested in data themselves. from The Business of Fashion https://ift.tt/G6f9Ryj

The Ounass Formula for a Successful Brand Activation

At BoF CROSSROADS 2025 in Dubai, Imran Amed, BoF’s founder and CEO, sat down with Khalid Al Tayer, CEO of luxury e-commerce platform Ounass, to unpack his strategy for success when launching a global brand in the Gulf. from The Business of Fashion https://ift.tt/Iq0azwf

Reports: Saks Global Culls Corporate Workforce, Shutters Warehouse in Tennessee

The department store chain, which now encompasses Neiman Marcus stores and Bergdorf Goodman, will eliminate hundreds of jobs in consolidation and cost-saving efforts. from The Business of Fashion https://ift.tt/gNrWl9P

Fashion’s Big Bet on Textile Recycling, Explained

The nascent textile recycling industry has been positioned as a holy grail solution to fashion’s environmental challenges. The reality is more complicated. from The Business of Fashion https://ift.tt/kp1Ttlv

It’s Not Just Secondhand Retailers That Have a Counterfeit Problem

More fake goods are making their way onto luxury e-commerce sites amid a rise in returns fraud. Rather than building an expensive authentication system, retailers are finding alternative measures to identify shady customers and maintain consumer trust. from The Business of Fashion https://ift.tt/JyhFOzg

Target, Walmart Executives to Meet Trump as Tariff Angst Spreads

Business executives from Walmart, Target, Home Depot and Lowe’s will seek relief from sweeping tariffs in a meeting with Trump at the White House on Monday, Bloomberg reported. from The Business of Fashion https://ift.tt/9YkJzj5

Shopify Must Face Data Privacy Lawsuit in US

A US appeals court revived a data privacy class action suit against Shopify Monday, stating the Canadian e-commerce company can be sued in California for collecting personal identifying data from its consumers. from The Business of Fashion https://ift.tt/7nlg4Zc

When Two CEOs Are Better Than One

Brands like Warby Parker and Glow Recipe are thriving with two leaders at the top — but experts caution the model only works when the market conditions are right, roles are clearly defined and egos stay in check. from The Business of Fashion https://ift.tt/e20vitI

This Week: Gucci and Shein Face Pricing Dilemmas

Kering reports results as its struggling brands weigh whether to raise prices to compensate for tariffs. Meanwhile, Shein and Temu plan to hike on Friday. from The Business of Fashion https://ift.tt/niVhoRK

The New Holy Trinity: Hailey, Selena and (Surprise!) Ariana

How cynics and shoppers came around to a glitter-infused makeup line, and why it’s now beating everyone — including Rare Beauty — at the Instagram metric game. from The Business of Fashion https://ift.tt/JjanQfR

Google Illegally Monopolised Some Ad Tech Markets, Judge Rules

A federal judge has ruled that Google illegally monopolised some online advertising technology markets, the latest antitrust setback for the company and a challenge to its main source of revenue. from The Business of Fashion https://ift.tt/IiUGKFp

Jonathan Anderson’s Dior Debut Is Slated for June

The former Loewe designer was confirmed as artistic director for men’s collections in a brief statement by LVMH chairman Bernard Arnault that left plenty of questions unanswered. from The Business of Fashion https://ift.tt/qD8ml4R

What’s Behind the Art Market Malaise?

The fine art sector is facing existential challenges that go far beyond the current market turbulence, argues Marc Spiegler. from The Business of Fashion https://ift.tt/pUkQsM9

Brunello Cucinelli Reports 10.5% Sales Growth in First Quarter

The Italian fashion group received a boost from solid performance in retail and wholesale channels. from The Business of Fashion https://ift.tt/Cnkjz7G

Explainer: What the US-China Trade War Means for Fashion

President Trump’s sky-high tariffs on China, along with the end of the de minimis tax loophole, have left American fashion businesses scrambling. BoF unpacks the challenges ahead as companies try to navigate the situation. from The Business of Fashion https://ift.tt/VJyjAun

‘Trade War TikTok’ Takes Aim at Luxury

Chinese creators claiming to manufacture for luxury brands have gone viral on the platform, offering cut-price ‘dupes’ in response to Trump’s punitive tariffs on the country. from The Business of Fashion https://ift.tt/5lhFVwZ

Beiersdorf Beats Expectations, Boosted by Mass Skincare

In its first-quarter earnings, the German beauty giant reported that sales increased 3.6 percent to €3 billion, with the affordable skincare brands Aquaphor and Eucerin growing 11.4 percent. from The Business of Fashion https://ift.tt/LKs9lgD

Exclusive: Jean Paul Gaultier Names Duran Lantink Creative Director

The Puig-owned label is returning to the Paris ready-to-wear calendar after a decade of showing only couture, and tapping Dutch creator Lantink to design both lines. from The Business of Fashion https://ift.tt/WMIxGNL

China Suppliers Mock Tariffs With Nike, Lululemon Deals on TikTok

Chinese influencers have taken to TikTok to encourage American consumers to buy directly from China, in light of President Trump’s 145 percent levy on the leading manufacturing country. from The Business of Fashion https://ift.tt/jz9XNCq

What Happened to the High Heel?

Once synonymous with power and elegance, high heels are adapting to new consumer values. As ballet flats, Mary Janes and kitten heels continue to rise in popularity, brands are shifting their focus to comfort and inclusivity, crafting narratives that speak to evolving ideas of femininity. from The Business of Fashion https://ift.tt/y93iLNw

Forever 21 Bankruptcy Creditors Probing Sparc-JCPenney Tie-Up

A committee of unsecured creditors to Forever 21’s US arm is investigating the fast fashion retailer’s deals prior to its Chapter 11 filing, including JCPenney’s acquisition of its parent Sparc Group. from The Business of Fashion https://ift.tt/Fo8q3uM

This Week: What’s LVMH’s Take on Tariffs?

The luxury conglomerate’s earnings will provide a window into how the sector’s biggest brands are expecting the rest of 2025 to go. from The Business of Fashion https://ift.tt/XBaJeMD

US Salon Trends Indicate Looming Recession

Hairdressers and aestheticians report clients are opting for less expensive services and stretching out the time between appointments, according to a Bloomberg report. from The Business of Fashion https://ift.tt/zA5auWG

Anta Sports Purchases Jack Wolfskin for $290 Million

China’s largest sportswear company bought the German outerwear, footwear and equipment brand from Topgolf Callaway Brands. from The Business of Fashion https://ift.tt/jzOqRYQ

Trump Sees ‘Transition Problems’ With China Tariffs at 145%

“There’ll be a transition cost, and transition problems, but in the end it’s going to be a beautiful thing,” Trump said Thursday during a Cabinet meeting. “We’re in very good shape.” from The Business of Fashion https://ift.tt/Ke9nWcR

Uniqlo Owner Raises Profit Forecast Amid Expansion Abroad

Fast Retailing Co. raised its full-year forecast after reporting better-than-expected fiscal first-half profit. from The Business of Fashion https://ift.tt/uh7z1oa

Capri Aims to Revive Michael Kors With Lower Prices, Amazon E-Commerce Sales

Capri Holdings will bank on mid-tier pricing and a partnership with Amazon following its sale of Versace to Prada, indicating it may relinquish its image as a luxury fashion conglomerate. from The Business of Fashion https://ift.tt/GmwUoNW

BoF CROSSROADS 2025: Unpacking Fashion’s Future Markets

Designer Sabyasachi Mukherjee, entrepreneur and podcast host Anas Bukhash and Saudi Arabia’s Princess Noura Bint Faisal Al Saud and more discuss the opportunities in the industry’s most exciting emerging markets. from The Business of Fashion https://ift.tt/atI2cz0

Hospitality, Design and the Art of Emotional Connection

At Milan Design Week, BoF and Marriott International’s Luxury Group co-hosted a panel discussion on the evolving demands of luxury customers and on building brand staying power in 2025. Now, BoF shares insights from the panel, featuring Marriott International’s president of luxury Tina Edmundson, Dimorestudio co-founder Britt Moran and BoF’s founder and CEO Imran Amed. from The Business of Fashion https://ift.tt/140cqnZ

Fashion Stocks Soar After Trump Pauses Tariffs on All Countries But China

The US will temporarily impose a universal 10 percent tariff instead of the higher levies announced last week, but duties on China will climb to 125 percent. from The Business of Fashion https://ift.tt/C4rgnfm

Prada Nears Approval of Versace Deal Despite Tariffs

Prada SpA is nearing final approval to acquire Versace from Capri Holdings Ltd. for €1.25 billion ($1.4 billion), Bloomberg reported. from The Business of Fashion https://ift.tt/M2GpEvC

Trump’s Tariffs Send Beauty Industry Into Crisis Mode

High tariffs on top beauty import sources including South Korea and France have brands rethinking their budgets – but not necessarily their production locations. from The Business of Fashion https://ift.tt/FYLWvXC

What the Closet Sale Craze Says About Shopping

The grassroots trend is indicative of consumer cravings for more curation, uniqueness and personality when it comes to buying clothes. from The Business of Fashion https://ift.tt/cIQTfsg

US Forges Ahead With 104% Tariffs on China, Says Willing to Talk to Other Countries

The heightened duties will take effect shortly after midnight, in sharp contrast to the talks that have begun between the Trump Administration and other trading partners. from The Business of Fashion https://ift.tt/MXJoUAh

Actual Y2K Brands Want In on the Y2K Trend

From Ugg to Milani to True Religion, popular early-aughts brands are leaning into “newstalgia” — striking a balance between reminding consumers of their glory days and offering something fresh to stay relevant across generations. from The Business of Fashion https://ift.tt/xdSKEtH

Ulta Beauty Pauses Target Shop-in-Shop Openings

The beauty retailer will instead focus on “optimising” its existing 610 locations, said CEO Kecia Steelman at an investors event. from The Business of Fashion https://ift.tt/mLqAsZS

Trump Threatens 50% More China Tariffs, Teases Talks With Others

President Donald Trump threatened to slap additional 50 percent import taxes on China in retaliation against China’s raised reciprocal tariffs on US goods, further escalating the trade war. from The Business of Fashion https://ift.tt/rUD5wtV

Influencer Brands Are Making a Comeback

After a few high-profile failures, influencer-founded brands faded from the spotlight at the start of the decade. Now, a new generation is rising — but is determined to chart a different course from its predecessors. from The Business of Fashion https://ift.tt/bnY7WDG

Apparel Manufacturing Countries Seek to Negotiate With Trump on Tariffs

Asian manufacturing hubs for fashion and footwear including Vietnam, Indonesia, Cambodia and India have said they won’t retaliate against Trump’s tariffs and are willing to make concessions. from The Business of Fashion https://ift.tt/fuAQbav

It Could Set the Industry Back 50 Years: Fashion Braces for Impact of Trump Tariffs

From farmers to designers, the entire supply chain will be hit — but it is unclear what duties apply to a finished product. from The Business of Fashion https://ift.tt/9mbNnQv

Report: Prada to Decide on Versace Deal This Week

A takeover valuing Versace at 1 billion euros, one third lower than expected, could be announced on Thursday, according to Italian media reports. from The Business of Fashion https://ift.tt/oKWb538

This Week: Luxury’s Salone Love Affair

The downturn in demand for luxury fashion hasn’t stopped major brands from making a splash at Milan’s Salone del Mobile design fair. from The Business of Fashion https://ift.tt/DNUI3Hh

Fashion Is ‘Tarrif-ied’ of Trump

There’s no escaping the import duties, which were far more wide ranging and severe than anticipated. After the initial panic subsides, the hard work of adapting to the new regime begins, writes Imran Amed. from The Business of Fashion https://ift.tt/XdwVLOT

Trump Extends TikTok Sale Deadline by 75 Days, Vows to Work With China

“The deal requires more work to ensure all necessary approvals are signed,” Trump said on social media. from The Business of Fashion https://ift.tt/DpJ6WqE

The BoF Podcast | Satoshi Kuwata Is on Lifelong Search for Balance

Satoshi Kuwata, founder of Setchu and winner of the 2023 LVMH Prize, joins BoF founder and CEO Imran Amed to discuss the roots of his design philosophy and why finding balance between East and West will be a lifelong pursuit. from The Business of Fashion https://ift.tt/2hs65XA

Trump Tariff Shock Stings Bangladesh, Sri Lanka Garment Giants, May Help India

As Trump hits Bangladesh with a 37 percent tariff, India may have gained an economic advantage. from The Business of Fashion https://ift.tt/A5NTgp1

Sneaker and Apparel Retailers Blindsided by Tariffs on Asian Factory Hubs

Shares in Nike, Adidas and Puma plummeted after Vietnam, the second-biggest apparel exporter to the US, was hit with a 46 percent tariff rate. from The Business of Fashion https://ift.tt/Jqhvi2E

Duran Lantink Wins 2025 Woolmark Prize

The Dutch designer, who has become known for his exaggerated silhouettes and upcycled creations will receive a cash prize of AU$300,000 ($126,000). from The Business of Fashion https://ift.tt/vhUuban

Willow Lindley Named Style Director of WSJ Magazine

The former Vogue fashion market and collaborations director is a major hire for editor-in-chief Sarah Ball. from The Business of Fashion https://ift.tt/a0m6wcr

Trump to Consider Final TikTok Proposal on Wednesday

President Trump will consider a final proposal for the sale of TikTok by ByteDance on Wednesday, CBS News reported. from The Business of Fashion https://ift.tt/e910kPl

Trump’s Tariffs to Take Immediate Effect, White House Says

White House press secretary Karoline Leavitt said on Tuesday that global tariffs will take immediate effect following President Trump's announcement on Wednesday. from The Business of Fashion https://ift.tt/AzWKgHl