Posts

Showing posts from January, 2026

In the Fight for Early Payouts From Bankrupt Saks, Big Luxury Brands Have the Edge

The embattled luxury department store is ‘absolutely dependent’ on companies like Chanel, LVMH and Kering, who could ‘suffocate’ the retailer if they stopped shipping, Reuters reported. from The Business of Fashion https://ift.tt/FU1Q5iB

Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit

Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules. from The Business of Fashion https://ift.tt/EeMwGPN

Allbirds to Close Remaining US Stores

The footwear maker will keep two outlet stores open and redirect its focus to e-commerce and wholesale as its losses mount. from The Business of Fashion https://ift.tt/wNqciZY

Levi Strauss Beats Quarterly Results Estimates on Strong Denim Demand

The company said it will fully offset the impacts of US import tariffs through the year helped by pricing strategies. from The Business of Fashion https://ift.tt/5muVfxe

Making Sense of Fashion’s Brutal Job Market | The Debrief

Fashion companies are tightening return-to-office mandates just as entry-level jobs become harder to land. The Debrief explains what that means for workers trying to build careers in a cooling industry. from The Business of Fashion https://ift.tt/pP06Zil

Shein Could Face EU Investigation but No Interim Measure, Commission Official Says

The ultra-fast-fashion giant is unlikely to face an order to suspend its website. from The Business of Fashion https://ift.tt/V7vQgrc

Phia Raises $35 Million Series A

The round values the Phoebe Gates-co-founded price-comparison platform at $185 million. from The Business of Fashion https://ift.tt/B4QVrN2

Another Day, Another Dior Debut for Jonathan Anderson

A schedule that, on paper, looks like it would try the patience of a saint produced a couture show that was anything but in a beautiful synthesis of two very distinct design sensibilities, reports Tim Blanks. from The Business of Fashion https://ift.tt/NH3skXg

Nike Slashes 775 Jobs in US to Speed Up Automation, Boost Profit

The cuts will primarily impact distribution centre roles in Tennessee and Mississippi, where the sneaker giant operates large warehouses, Reuters reported. from The Business of Fashion https://ift.tt/H8gXkFl

Jonathan Anderson on Refashioning the House of Dior | The BoF Podcast

In December, Imran Amed travelled to Paris to meet with Jonathan Anderson to get a first look at his debut couture collection and take stock of his journey as creative director of the storied French fashion house. from The Business of Fashion https://ift.tt/lDH5UGt

Ye Takes Out Full-Page Ad Apologising for Antisemitic Behaviour and Denying He Is a Nazi

The Yeezy founder and rapper also apologised to the Black community after suggesting in 2018 that slavery was ‘a choice.’ from The Business of Fashion https://ift.tt/Y3KcHoe

Knowledge Report | Building Brand Resonance With Gulf Consumers

This report, in partnership with Snap Inc. in MENA, explores how global and regional fashion and beauty brands can most authentically and effectively tap into the expansive, multicultural communities across the Gulf Cooperation Council. from The Business of Fashion https://ift.tt/hUjgbi0

Fashion’s Quest For Clarity

During the second half of men’s fashion week in Paris, a handful of designers delivered clear messages, but they were the exception, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/Jl9hg8E

This Week: What Bernard Arnault Can and Can’t Tell Us About the State of Luxury

The world’s biggest luxury conglomerate reports fourth-quarter earnings on Tuesday, and CEO Bernard Arnault will give his annual, often market-moving press conference. from The Business of Fashion https://ift.tt/jNwplck

Fashion’s Sustainability Pressure Test

A new PETA investigation is reigniting animal welfare scrutiny in ‘responsible’ mohair supply chains just as Vinted deepens its US push in New York and evolving research raises new questions about how microplastics behave inside the human body. from The Business of Fashion https://ift.tt/8JKYSFH

Future Plc Acquires SheerLuxe

The $53.9 million acquisition of SheerLuxe and Blush Talent Mgmt, its sister influencer agency, is intended to diversify Future’s audience and strengthen its fashion and beauty vertical. from The Business of Fashion https://ift.tt/rOi8Haz

Richemont Sells Watchmaker Baume & Mercier to Italy’s Damiani

The Swiss company has agreed to sell the nearly 200-year-old watchmaker to Italy’s Damiani Group amid a market slowdown for luxury timepieces. from The Business of Fashion https://ift.tt/ULdWYb2

Guillaume Motte, APR’s Byunghoon Kim, Mona Kattan and Patrick Starrr Will Join The Business of Beauty Global Forum 2026

The Business of Beauty Global Forum 2026 returns to Napa Valley this June. Request your invitation to attend our annual gathering for leaders shaping the global beauty and wellness industry. from The Business of Fashion https://ift.tt/oK3l6me

Clothes for Life or Clothes as Costume?

From Vuitton and Dior to Lemaire and Auralee, the opening days of men’s fashion week offered plenty of both, writes Angelo Flaccavento. from The Business of Fashion https://ift.tt/tm2bWUq

Trump Backs Off Greenland Tariffs, Citing ‘Framework’ Deal

The decision, which Trump announced Wednesday on social media, marks a stark reversal for a president who has repeatedly attempted to coerce Europe over Greenland. from The Business of Fashion https://ift.tt/FbsHBXA

LVMH’s Watches Unit Is Under a Cloud of Uncertainty. What Happens Next?

Robin Swithinbank dials in from LVMH Watch Week in Milan with details on the difficulties at TAG Heuer, Hublot’s new life beyond football and the question of Zenith’s future in the group. from The Business of Fashion https://ift.tt/tFwfTAY

Lululemon Pauses Online Sales of Sheer Leggings That Aren’t ‘Squat Proof’

The Get Low collection is still available in stores, but online sales have been temporarily paused, Bloomberg reported. from The Business of Fashion https://ift.tt/bxtI8cz

Why Every Fashion Brand Thinks Its a Sportswear Label Now

From Balenciaga to Old Navy, all sorts of fashion brands are attempting to capitalise on the activewear boom with collections of sweats, shorts and workout tees. Sometimes these clothes stick the landing, but it often comes off as just sweaty. from The Business of Fashion https://ift.tt/TOuhIDl

The Power of the Classics

At their best, the Milan men’s shows examined classic clothes as a means of offering comfort and connection across eras, generations and cultures, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/etlj51G

The Fashion World Remembers Valentino Garavani

The industry pays tribute to the much-loved designer, who died on Monday. from The Business of Fashion https://ift.tt/uAQDE3l

BoF Live| How Retailers Effectively Target Fashion and Beauty Consumers

Join us on Wednesday, January 28 at 16:00 BST / 11:00 EST for our next #BoFLIVE. from The Business of Fashion https://ift.tt/zYZ3CVH

Why Almost Every Brand Is Moving Upmarket

Brands are elevating their offerings to avoid competition with Shein on the low end or capture high-end shoppers squeezed out by luxury's soaring prices, says the BoF-McKinsey State of Fashion 2026. from The Business of Fashion https://ift.tt/zyQ6DIj

Trump Hits 8 European Countries With Tariffs As He Pursues Greenland

The US president announced a 10 percent tariff on goods from Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland in an escalation of the dispute over his desire to purchase Greenland. from The Business of Fashion https://ift.tt/VXLI68g

This Week: Waiting on Tariffs, Saks and More

The fate of Trump’s tariffs and Saks’ bankruptcy in the coming days, weeks and months will define how fashion’s year plays out. from The Business of Fashion https://ift.tt/MCAhBYD

Can We Fix the Fashion System?

An informal survey of BoF readers reveals a glaring gap between fashion’s senior executives and frontline workers on the most critical issues facing the industry in 2026, writes Imran Amed. from The Business of Fashion https://ift.tt/ZHwIFdU

Zalando Nears First US Client Deal, Sees AI Traffic Growing

The German online fashion platform is breaking into the US market with the company’s business-to-business offerings. from The Business of Fashion https://ift.tt/Ajm7Roq

Saks Global: When Bankruptcy Is Your Best-Case Scenario…

The retailer’s Chapter 11 filing — and $1.75 billion in new financing to keep operating while it restructures — came as a relief to many in the industry. But keeping the doors open is a low bar to clear; there are still unanswered questions about the luxury department store model’s future. from The Business of Fashion https://ift.tt/LoQW5Oi

TAG Heuer CEO Exits, Adding to LVMH Watches Woes

Antoine Pin has left the helm of LVMH’s biggest watch label, the group confirmed, increasing uncertainty at a watches division already buffeted by a challenging market ahead of the company’s Watch Week showcase in Milan. from The Business of Fashion https://ift.tt/FE9KsIh

Alibaba Takes Major Step to Link Shopping to Main AI App

The Chinese e-commerce giant plans to link its flagship online shopping and travel services to its AI app in a bid to build a one-stop AI platform for consumers. from The Business of Fashion https://ift.tt/AW5CTsm

Fashion Is Done With Remote Work

Retailers, publishers and brands are tightening return-to-office mandates as fully remote roles fall out of favour — but execution, not attendance, will determine whether the shift pays off. from The Business of Fashion https://ift.tt/uBFzwWh

At Pitti, Peacockery and Its Antidote

Standouts like Soshiotsuki and Hed Mayner offered the sense of progress the Florentine trade fair needs, reports Angelo Flaccavento. from The Business of Fashion https://ift.tt/Mzqk7jc

Saks’ Bankruptcy and the Future of Luxury Retail | The Debrief

Saks’ Chapter 11 filing listed $3.4 billion in debts, and the retailer is on its third CEO in two weeks. But the industry is cautiously optimistic about what’s coming next. BoF’s retail editor Cat Chen explains how we got here, who gets paid and what a credible turnaround must look like. from The Business of Fashion https://ift.tt/hG8bkcT

What Comes After Viral Fashion?

This week in luxury, calculated risk-taking wins the red carpet at the Golden Globes, while Brunello Cucinelli and Richemont report Q4 sales. Plus, what to watch for at Milan men’s week. from The Business of Fashion https://ift.tt/GL1vbfE

Inside Beauty’s 2026 M&A Pipeline| The Debrief

Estée Lauder’s attempt to sell Too Faced, Smashbox and Dr. Jart is just the start of what’s likely to be a busy year for deals, as beauty editor Priya Rao explains. from The Business of Fashion https://ift.tt/sHdRWJb

CFDA Releases New York Fashion Week Schedule

The week will include Rachel Scott’s first runway for Proenza Schouler; while Raul Lopez’s Luar has opted not to show. from The Business of Fashion https://ift.tt/yRNat6Y

How Brands Avoid the Brick-and-Mortar Trap

Some retailers are closing stores after opening too many in the wake of the pandemic. Those that are plowing ahead are taking a more deliberate approach — even if it means waiting years for a spot on the perfect block to open up. from The Business of Fashion https://ift.tt/CqoYJg0

Report: Saks Global Nearing $1.75 Billion Financing Plan Ahead of Bankruptcy Filing

The financing would ⁠provide an immediate cash infusion of $1 billion through a debtor-in-possession loan from an investor group led by Pentwater ⁠Capital Management and Bracebridge Capital, Reuters reported. from The Business of Fashion https://ift.tt/ueyPjNL

Report: Saks’ CEO Baker to Exit Luxury Retailer Ahead of Bankruptcy

Geoffroy van Raemdonck, currently a board member of Moncler SpA, is negotiating for a role at the company, Bloomberg reported. from The Business of Fashion https://ift.tt/Mu9HqTJ

Luxury Brands Look to Brisbane for Australia Growth

With tourism booming, millionaire numbers climbing and the Olympics on the horizon, brands are turning their attention to the Queensland capital as major retail developments get underway. from The Business of Fashion https://ift.tt/J15u9iN

The Anti-AI Aesthetic Taking Over Social Media

Products strewn across the sink, half-empty or in cluttered piles have replaced picture-perfect shelfies as brands and influencers find luxury in mess. from The Business of Fashion https://ift.tt/UoIbFWv

How Fashion Marketers Will Nab Attention in 2026

After a year of experimentation and noise, 2026 marks a pivot for fashion marketers toward slower advertising, more thoughtful creative risks and human connection, as brands recalibrate how to entertain, engage and earn trust in an age of AI and consumer exhaustion. from The Business of Fashion https://ift.tt/J0F9NUf

Why Fragrance Is the Latest Red Carpet Accessory

Perfume brands are now sponsoring celebrity beauty professionals for events like the Golden Globes, even if their impact is all but invisible. from The Business of Fashion https://ift.tt/2PCo9tR

Ssense Founders Win Bid to Retain Ownership

The company announced on Sunday that the Atallah family will remain owners of the Montreal-based luxury e-tailer, in partnership with a Canadian multi-family office, in a transaction pending regulatory approval. from The Business of Fashion https://ift.tt/ZEqVNwl

This Week: Red Carpet Dressing; Saks Watch; Luxury Earnings

The Golden Globes kick off awards season in earnest as well as a packed week for the fashion industry. from The Business of Fashion https://ift.tt/OorIb4Q

Alo Appoints Benedetta Petruzzo as CEO of International

The former Miu Miu chief executive, who was recruited by Dior in 2024 to be managing director, will oversee the Los Angeles-based activewear brand’s global expansion. from The Business of Fashion https://ift.tt/4eOKEGw

Nike Compensates Migrant Workers Five Years After Labour Controversy

Nike has agreed to substantial payouts to thousands of former garment workers at a Thai supplier after years of pressure from labour rights campaigners and an independent investigation into alleged wage theft during the pandemic. from The Business of Fashion https://ift.tt/QgWitDq

Luxury Brands Are Making a Big Bet on Saks. Will It Come Back to Haunt Them?

Vendors have long complained that Saks was slow to pay its bills. Yet even as a bankruptcy filing for the department store giant appears imminent, many say they plan to continue to work with the retailer. from The Business of Fashion https://ift.tt/K7vdUJe

AI Is Shaking Up Fashion’s Workforce

Brands need to prepare as AI transforms a number of the industry's existing roles, and creates new ones, according to the BoF-McKinsey State of Fashion 2026. from The Business of Fashion https://ift.tt/xMB6aOA

Report: China’s Anta Sports Has Offered to Buy Pinault Family’s 29% Puma Stake

Anta made the offer a few weeks ago and has secured financing for the acquisition should a deal go ahead, sources told Reuters. from The Business of Fashion https://ift.tt/oZDxIuX

High Margin: The Big Luxury Stories We’re Tracking in 2026

Who will be held accountable if designer revamps don’t land? Plus, the fallout from Saks’ expected bankruptcy, Dior hits stores, a long road in China and more. from The Business of Fashion https://ift.tt/CGge1x9

The Debrief | The Themes That Will Define the 2026 Fashion Agenda

Brian Baskin and Sheena Butler-Young sit down with BoF correspondent Marc Bain to unpack why executives are calling 2026 a “challenging” year. from The Business of Fashion https://ift.tt/MzteRVq

Exclusive: Angel Reese and Musician Rema Invest in Skincare Brand Topicals

In lieu of more institutional investors, the skincare startup tapped a cohort of entertainment and sports ‘cultural leaders’ to invest in its range of eye masks and serums. from The Business of Fashion https://ift.tt/Oj9bfl4

GQ Global Editorial Director Will Welch to Exit

Welch was credited with redefining a new progressive vision of masculinity at the men’s magazine, which he joined in 2007. from The Business of Fashion https://ift.tt/0JvRYQt

The Perfect Package: What It Takes to Be a Fashion Leader in 2026

After years of swinging between digital-first zeal and old-school operating models, fashion is landing on a more balanced executive profile. from The Business of Fashion https://ift.tt/4HdCmN5

Claire’s and The Original Factory Shop Near Collapse

Their owner, the private equity firm Modella Capital, has begun insolvency proceedings for both chains. from The Business of Fashion https://ift.tt/BVhwclG

China Travel Curbs Hit Japan Duty-Free Sales in December

Japanese department store operators Takashimaya, J Front Retailing and H2O Retailing were among those hit by prolonged geopolitical tensions with China. from The Business of Fashion https://ift.tt/YldJgoV

The Top Trends That Will Define Beauty in 2026

From global K-beauty category expansion to at-home medspa alternatives, beauty is becoming even more expert-led, targeted and internationally influenced in 2026. from The Business of Fashion https://ift.tt/wkcd6G1

Report: Saks in Talks for $1 Billion Bankruptcy Loan to Keep Doors Open

The cash-strapped luxury retailer has been negotiating a forbearance with some of its creditors. from The Business of Fashion https://ift.tt/rdBaYMw

Luxury Retailer Saks Global CEO Marc Metrick Steps Down

Executive chairman Richard Baker has been named his successor. from The Business of Fashion https://ift.tt/eUuHoB8

The Best of BoF 2025: Deals, Deals, Deals

After a year of stagnancy, the beauty deals pipeline unfroze in 2025, with some of the buzziest brands finding new homes in blockbuster deals. from The Business of Fashion https://ift.tt/ZA2IFbh

Apple Reportedly Cuts Production of Vision Pro Headset After Poor Sales

The company had hoped the virtual reality device would herald a new era in ‘spatial computing’. from The Business of Fashion https://ift.tt/B0YyW4N