Ambush Founders Reacquire Brand From New Guards Group Ambush, the Tokyo-based label known for its edgy and innovative designs, is making headlines once again. The founders of Ambush have successfully reacquired the brand from New Guards Group, a move that signals a new chapter for the popular streetwear brand. The decision to buy back the […]
Lacoste Ups Its US Ambitions With New York Flagship
Lacoste Ups Its US Ambitions With New York Flagship French sportswear brand Lacoste is making bold moves to strengthen its presence in the United States with the launch of a new flagship store in New York City. This strategic decision comes as part of Lacoste’s broader plan to drive sales growth in the US, a […]
Prada Group to Acquire Versace for €1.25 Billion
Prada Group’s Strategic Move: Acquiring Versace for €1.25 Billion In the fast-paced world of high fashion, strategic acquisitions often make headlines, and the recent announcement of Prada Group acquiring Versace for €1.25 billion is no exception. This bold move by Prada signals a significant shift in the fashion landscape, with the renowned Italian fashion house […]
Can Off-White Mogul Davide De Giglio Pull Off Another Big Exit?
Can Off-White Mogul Davide De Giglio Pull Off Another Big Exit? Davide De Giglio, the mastermind behind Off-White and a prominent figure in the fashion industry, is once again making headlines with his latest venture. Reports have surfaced indicating that the brand Rhode, backed by De Giglio and fronted by Hailey Bieber, is considering a […]
Worldview | Africa’s Garment Factories Raise Alarm Over US Tariffs
Worldview | Africa’s Garment Factories Raise Alarm Over US Tariffs The fashion industry is a delicate ecosystem, with global markets intricately intertwined, each thread pulling on another. As this week’s news unfolds, Africa’s garment factories find themselves at the center of a storm caused by the recent tariffs imposed by the United States. While manufacturers […]
Op-Ed | Fashion’s Reset: What Tariffs Are Forcing Us to Finally Fix
Fashion’s Reset: What Tariffs Are Forcing Us to Finally Fix The fashion industry has long been plagued by issues such as collapsing margins and surging inventory costs. These challenges have not only created a crisis within the industry but have also shed light on the urgent need to rebuild our broken fashion system. In a […]
Levi Strauss Beats Quarterly Sales Estimates on Steady Denim Demand
Levi Strauss Beats Quarterly Sales Estimates on Steady Denim Demand The iconic denim brand, Levi Strauss, has once again showcased its resilience in the face of economic uncertainties by surpassing quarterly sales estimates. Despite the challenges posed by the ever-changing market dynamics, Levi Strauss managed to post a remarkable 3 percent rise in reported quarterly […]
Influencer Brands Are Making a Comeback
Influencer Brands Are Making a Comeback In the ever-changing landscape of business, trends come and go, and this holds especially true for influencer-founded brands. After a series of high-profile setbacks that led to a decline in their popularity at the beginning of the decade, influencer brands are now experiencing a resurgence. A new generation of […]
Why So Many Brands Gave Up on Clothing Rental
Why So Many Brands Gave Up on Clothing Rental The concept of clothing rental has been touted as a sustainable solution to fast fashion and a way for consumers to access high-end designer pieces without breaking the bank. However, despite its initial popularity, many brands have recently decided to pull the plug on their rental […]
Trump Tariff Shock Stings Bangladesh, Sri Lanka Garment Giants, May Help India
Trump Tariff Shock Stings Bangladesh, Sri Lanka Garment Giants, May Help India The global economy is a complex web of interconnected markets, where decisions made in one part of the world can have far-reaching consequences for others. Recently, the imposition of a 37 percent tariff on garment imports by the Trump administration has sent shockwaves […]