Nike Brings Back Retired Executive to Fix Slumping Retail Sales Nike Inc. has rehired Tom Peddie, a veteran executive with 30 years of experience at the company, as vice president of marketplace partners to address declining retail sales. Peddie had retired in 2020, but his return comes as Nike aims to mend relationships with retailers […]
France Holds Back the Far Right in Snap Elections
France faces political uncertainty following a surprising victory by a left-wing coalition in Sunday’s legislative elections, without any party achieving a majority needed to govern. The New Popular Front, composed of Socialists and far-left France Unbowed, secured 178 seats in the National Assembly. Marine Le Pen’s National Rally, which was expected to win, came third […]
Scentbird’s CEO Is Also a Spiritual Guru. Not All Customers Are Pleased.
Scentbird co-founder and chief executive Mariya Nurislamova is well-known for her entrepreneurship insights. She frequently speaks at business events and features on podcasts, sharing her strategies on fundraising, marketing, branding, and product management at Scentbird, a subscription service offering fragrance samples from brands such as Burberry and D.S. & Durga. Simultaneously, Nurislamova has gained attention […]
Rabanne Announces Troye Sivan as Ambassador
Rabanne Announces Troye Sivan as Ambassador Rabanne has enlisted Australian singer-songwriter and actor, Troye Sivan, as its first global makeup ambassador, marking a new milestone for the Puig-owned brand previously known as Paco Rabanne. Sivan will serve as the face of Rabanne’s inaugural makeup campaign, featuring the new Fresh Touch Foundation. The brand’s announcement came […]
How to Protect Your Mental Health While Working in Fashion
Today, the global workforce is taking mental health seriously — a 2022 survey by market research and analytics company The Harris Poll found that 52 percent of employees consider mental health awareness in the workplace to be “very important” to them and 81 percent of working adults agree that employers have an obligation to prioritise […]
Op-Ed | Let Temu Keep the Cheap Stuff. Amazon Should Go Luxe.
Amazon will struggle to beat Temu and Shein at their own game, and in the process, it risks devaluing what has become its core proposition: convenience. Over the past two weeks, Amazon has pursued dual strategies in selling both high-end and budget goods. The company’s recent decision to assist Hudson’s Bay Co., owner of Saks […]
Immersive Vogue Exhibition to Examine Runways Past and Present
When the immersive London exhibition venue Lightroom announced The Moonwalkers, a high-budget production narrated by Tom Hanks charting the first landing on the lunar surface, the aim was to allow visitors to relive those historic small steps and the “giant leap for mankind.” For the venue’s next project, the focus will be on historic steps […]
Case Study | How Brands Can Balance DTC and Wholesale
In today’s competitive market, brands are recognizing the need to balance direct-to-consumer (DTC) and wholesale strategies. Exclusively focusing on either can limit their growth potential. The key lies in harmonizing both approaches to maximize sales and profits. Emerging and established labels are increasingly streamlining their retail partners, selecting those that align best with their brand […]
Burberry Preparing to Cut Hundreds of Jobs, Telegraph Reports
British fashion house Burberry Group Plc is anticipated to lay off hundreds of jobs, primarily in the UK, following a significant drop in its stock market value, according to the Telegraph. In late June, employees were informed via a Zoom meeting that they might face redundancy or would need to reapply for their roles. Burberry […]
This Week: Fashion’s Travel Retail Bet Pays Off
The post-pandemic travel boom is showing no sign of slowing. In the US, daily travelers passing through airport security have reached all-time highs, according to the Department of Transportation. July 4th saw record numbers of Americans hitting the road. Meanwhile, Chinese tourists are taking international trips nearing pre-Covid levels, with outbound trips reaching 89% of […]