Meta Platforms, the parent company of Facebook and Instagram, is eyeing a significant investment in eyewear giant EssilorLuxottica. Reports from the Financial Times suggest that Meta is considering acquiring a minor stake in the Franco-Italian group, valued at €87 billion. This potential investment has created a notable market impact, with EssilorLuxottica’s shares spiking by 6 […]
Why ‘Underconsumption’ is Trending
### Why ‘Underconsumption’ is Trending Young consumers are finding satisfaction in avoiding the usual shopping splurges that social media typically glorifies. This new trend, popularized on TikTok as “underconsumptioncore” or “meaningful consumption,” is redefining habitual buying patterns. Take Natalie Rose, a TikTok user whose minimalistic approach is embodied by a small makeup bag containing just […]
Arsenal Partners With Labrum London on 2024/25 Away Kit
Labrum London will design Arsenal’s 2024/25 away kit, a landmark collaboration between fashion and football. Founded by Sierra-Leonian-born Foday Dumbuya in 2014, Labrum becomes the first independent designer to create an on-field jersey for a Premier League team. This significant partnership highlights the increasing fusion of fashion and sports. Dumbuya, a devoted Arsenal fan, was […]
For the First Time, The Cut Gets Its Own Print Edition
The Cut is stepping out of New York Magazine’s print shadow. This September, the Vox Media-owned publication, a vertical of New York Magazine, will publish its viral essays, fashion coverage and pop culture hot takes in its first standalone print issue. In previous years, The Cut’s fall fashion issue appeared on the underside of New […]
When Is the Right Time for Executives to Retire?
When Is the Right Time for Executives to Retire? In today’s corporate world, the question of when executives should retire is more pressing than ever. Recent political debates in the US have spotlighted aging, making it crucial for companies to address this issue with nuance. Mark Cohen, who retired as the director of retail studies […]
Rabanne Launches Fine Fragrance Collection
Rabanne is taking its fragrance game to the next level. On July 18th, they will unveil La Collection Rabanne, an eight-piece fine fragrance set, exclusively available at London’s Selfridges and online through Rabanne’s site. This launch is a significant step in Rabanne’s recent rebrand, which saw the Paco dropped from its name, a move into […]
The Group Bringing Luxury’s Marketing Playbook to Women’s Sport
Mercury/13 believes it has a winning strategy for women’s football teams: branding them as if they were luxury labels. Formed last year, Mercury/13 is an ownership group that has pledged $100 million to acquire women’s football teams worldwide and transform their commercial value. Today it unveiled a new visual identity for its first portfolio club, […]
Supreme’s Sale to EssilorLuxottica, Explained
French-Italian eyewear group EssilorLuxottica is buying New York-based streetwear juggernaut Supreme from US apparel group VF Corp. for $1.5 billion in cash, in a surprise deal announced Wednesday morning. The deal price represented a comedown from the $2.1 billion VF paid for the brand four years ago. Since VF acquired Supreme in 2020, excitement around […]
Adidas and Thom Browne Fight in UK Court Over Striped Trademarks
Athletic wear giant Adidas and fashion house Thom Browne resumed their legal battle on Wednesday, with London’s High Court hearing the latest round of a global dispute focused on their competing striped trademarks. New York designer Thom Browne, who regularly uses a four-bar stripe pattern, sued Adidas in London in 2021 to revoke several trademarks […]
LVMH Names New CEOs for Hublot, TAG Heuer Watch Brands
LVMH has announced a significant change in its watch division leadership. Julien Tornare, formerly the CEO of TAG Heuer, will now lead Hublot. Known for its bold and innovative designs, Hublot collaborates with prominent figures like Usain Bolt and Kylian Mbappé. Tornare replaces Ricardo Guadalupe, who transitions to an honorary president role. In his statement, […]