Adwoa Beauty to Enter Liquidation
A Texas court ruled that the hair-care label’s bankruptcy filing be converted to Chapter 7.
Designers
Latest News & Analysis
Entrepreneurship
How Some Founders Are Redefining Fashion’s Idea of Success
As the pipeline to scaling a fashion business grows more precarious, some designers are ditching the pursuit of global prestige in favour of a slower approach to growth they say is more sustainable — and more fulfilling.
How Some Founders Are Redefining Fashion’s Idea of Success
As the pipeline to scaling a fashion business grows more precarious, some designers are ditching the pursuit of global prestige in favour of a slower approach to growth they say is more sustainable — and more fulfilling.
Retail
A Survival Guide for Independent Brands
Prompted by the overwhelming response to a recent briefing about the ‘industry that eats its young,’ we’ve gathered the most vital strategies from the BoF archive to help independent designers navigate today’s fraught retail landscape.
A Survival Guide for Independent Brands
Prompted by the overwhelming response to a recent briefing about the ‘industry that eats its young,’ we’ve gathered the most vital strategies from the BoF archive to help independent designers navigate today’s fraught retail landscape.
Luxury
Can Dolce & Gabbana Stay Independent?
The very strategy the Italian luxury house used to maintain its fiercely guarded independence — funding expansion through debt instead of selling equity — is putting pressure on the company as it attempts to navigate a punishing sector-wide slowdown.
Can Dolce & Gabbana Stay Independent?
The very strategy the Italian luxury house used to maintain its fiercely guarded independence — funding expansion through debt instead of selling equity — is putting pressure on the company as it attempts to navigate a punishing sector-wide slowdown.
Luxury
Luca de Meo’s Gucci Challenge
Seven months into his tenure, Kering’s new CEO has stabilised the company’s finances, but his primary challenge remains reviving growth at flagship brand Gucci.
Luca de Meo’s Gucci Challenge
Seven months into his tenure, Kering’s new CEO has stabilised the company’s finances, but his primary challenge remains reviving growth at flagship brand Gucci.
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Luxury
Dolce & Gabbana Co-Founder Resigned as Chair
The company confirmed the resignation, saying it had ‘no impact whatsoever on the creative activities carried out by Stefano Gabbana.’ According to sources, the mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Dolce & Gabbana Co-Founder Resigned as Chair
The company confirmed the resignation, saying it had ‘no impact whatsoever on the creative activities carried out by Stefano Gabbana.’ According to sources, the mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Global Markets
Dispatches From Shanghai: Inside China’s New Luxury Landscape
On his first visit to Shanghai since before the pandemic, Imran Amed finds a market that has fundamentally changed — from status spending to stealth wealth, from megabrands to homegrown labels, from fashion focus to lifestyle emphasis — and asks, can Western brands catch up?
Dispatches From Shanghai: Inside China’s New Luxury Landscape
On his first visit to Shanghai since before the pandemic, Imran Amed finds a market that has fundamentally changed — from status spending to stealth wealth, from megabrands to homegrown labels, from fashion focus to lifestyle emphasis — and asks, can Western brands catch up?
Luxury
Carven Design Director Mark Thomas Exits Brand
Thomas is leaving the historic French fashion house, owned by Chinese group Icicle, after a year in the position.
Carven Design Director Mark Thomas Exits Brand
Thomas is leaving the historic French fashion house, owned by Chinese group Icicle, after a year in the position.
Fashion Week
In Shanghai, the Martens-Margiela Synchronicity
Glenn Martens staged an opulent outing that underscored the depth of his connection to Maison Margiela, but the designer may have found his comfort zone too early, writes Angelo Flaccavento.
In Shanghai, the Martens-Margiela Synchronicity
Glenn Martens staged an opulent outing that underscored the depth of his connection to Maison Margiela, but the designer may have found his comfort zone too early, writes Angelo Flaccavento.
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Fashion Week
Can Shanghai Fashion Week Give Rise to Global Labels?
The Shanghai shows can be formulaic and unoriginal, but China’s fashion capital is producing a handful of talents with the potential to go global, reports Angelo Flaccavento.
Can Shanghai Fashion Week Give Rise to Global Labels?
The Shanghai shows can be formulaic and unoriginal, but China’s fashion capital is producing a handful of talents with the potential to go global, reports Angelo Flaccavento.
Global Markets
How the Middle East’s Fashion Industry Is Navigating War
As the conflict enters its second month, brands, retailers and business leaders across the region are leaning on crisis management and contingency plans amid an increasingly volatile security environment.
How the Middle East’s Fashion Industry Is Navigating War
As the conflict enters its second month, brands, retailers and business leaders across the region are leaning on crisis management and contingency plans amid an increasingly volatile security environment.
Luxury
‘Optimistic, Clear, Grounded’: Courrèges Plots New Chapter With Drew Henry
Henry, a Central Saint Martins graduate who worked at Phoebe Philo’s Celine, JW Anderson and Burberry, will succeed Nicolas Di Felice as artistic director of the Artémis-owned fashion house.
‘Optimistic, Clear, Grounded’: Courrèges Plots New Chapter With Drew Henry
Henry, a Central Saint Martins graduate who worked at Phoebe Philo’s Celine, JW Anderson and Burberry, will succeed Nicolas Di Felice as artistic director of the Artémis-owned fashion house.
Luxury
Christopher Kane Joins Mulberry to Power Ready-to-Wear Relaunch
The Somerset-based label has hired the subversive Scottish designer as it accelerates its efforts to 'evolve from a leather goods brand into a culturally relevant British lifestyle brand,’ said CEO Andrea Baldo.
Christopher Kane Joins Mulberry to Power Ready-to-Wear Relaunch
The Somerset-based label has hired the subversive Scottish designer as it accelerates its efforts to 'evolve from a leather goods brand into a culturally relevant British lifestyle brand,’ said CEO Andrea Baldo.
The News in Brief
Coty’s Perfume Business Takes Another Knock With David Beckham Fragrance Lawsuit
Beauty brand Coty is facing a lawsuit from DB Ventures, the company behind former football star David Beckham’s eponymous fragrance, for what the lawsuit describes as flagrant material breaches of the license agreement, court documents show.
Estée Lauder Sales Rise 2%, Job Cuts to Expand
Double-digit growth in the conglomerate’s perfume division helped offset a lack of growth in its other units as the company continues its years-long turnaround strategy.
Premium Body Care Brand Uni Appoints New Global CMO
Heather Fisher, former chief marketing officer of Fenty Beauty, has joined the Australian body care brand.
Zegna Revenues Rise 7.4%
The Italian luxury group’s first-quarter performance surpassed market expectations powered by solid growth in direct-to-consumer sales in the US.
Inventory Clean-Up Helps Puma Beat First-Quarter Expectations
The German sportswear maker also announced it had appointed former Hugo Boss CEO Mark Langer as its chief financial officer, effective Friday.
Oil Prices Soar to Wartime High with US and Iran Stuck in Standoff
Brent oil surged to more than $126 a barrel on Thursday, before paring gains to $121.40 as traders factor in an even longer closure of the Strait of Hormuz.
Reliance Retail Acquires Priyanka Chopra Jonas’ Hair Care Brand Anomaly
The company will leverage its omnichannel network to scale the label, citing India as a priority market.