In the world of high fashion, pricing has become a critical issue for brands striving to maintain their market position and appeal to their customers. A recent report by HSBC indicates that products from major luxury brands now cost, on average, 54% more than they did in 2019. This dramatic increase presents a considerable challenge, […]
How Do You Make Body Lotion Cool?
The body care market is experiencing a remarkable transformation. Consumers are increasingly moving away from traditional soaps and standard moisturizers in search of innovative products that offer not only hydration but also a sense of luxury and care. Brands such as Nécessaire, Sidia, and Hanni are at the forefront of this shift, employing advanced technology, […]
Copenhagen International Fashion Fair Launches CIFF Media to Support Independent Brands
In an ambitious move to enhance its influence, the Copenhagen International Fashion Fair (CIFF) has established CIFF Media, a comprehensive media platform aimed at supporting both emerging and established independent fashion brands. This initiative signifies a broader strategy to provide retailers and consumers with deeper insights into brand identities, promoting genuine storytelling and sustained engagement. […]
TikTok Asks US Supreme Court to Block Government Ban
In a significant legal maneuver, TikTok and its parent company, ByteDance, have requested the U.S. Supreme Court to intervene and halt a government-imposed ban on the popular social media platform. This follows a federal appeals court ruling that upheld a new law requiring ByteDance to sell TikTok by January 19, 2025, or risk being banned […]
Vera Wang Brand Acquired by Fashion Holding Company WHP Global
In a significant development within the fashion industry, WHP Global has recently announced its acquisition of the intellectual property of the iconic Vera Wang brand. This acquisition not only highlights the brand’s robust market presence but also signifies WHP’s commitment to revitalizing and expanding the reach of successful fashion labels. Vera Wang herself will remain […]
Instagram-Like Xiaohongshu Makes Inroads with E-Commerce Sales
In the bustling arena of China’s digital landscape, Xiaohongshu is carving out its niche as a significant player in e-commerce, mirroring the journey of global platforms like Instagram. For many brands, this platform has served primarily as a marketing tool, but recent transformations suggest it may finally be realizing its potential as a sales engine. […]
‘Filler Fatigue’ Is Setting In
In recent years, the beauty industry has experienced a notable shift in consumer preferences, particularly concerning injectable fillers. While these procedures were once hailed as transformative, there’s increasing sentiment that consumers are experiencing “filler fatigue.” This phenomenon is characterized by growing concerns regarding the long-term effects of fillers and the fear of poor placement or […]
L Catterton: Finding Value in a Tough Market
In the dynamic realm of the fashion industry, identifying winning brands has never been more crucial. Nikhil Thukral, managing partner at L Catterton, a leading consumer-focused private equity firm, shared insights on navigating this complex landscape during a recent interview regarding the BoF-McKinsey State of Fashion 2025 report. With economic pressures and shifting consumer preferences, […]
Extensive Collection of Martin Margiela Pieces Set to Go to Auction in January
An anticipated auction is set for January 27, 2024, in Paris, featuring an extensive collection of early works by renowned fashion designer Martin Margiela. This event coincides with Haute Couture Week, promising to draw significant attention from fashion aficionados and collectors alike. The auction will be conducted by Kerry Taylor and Maurice Auction, marking it […]
Isak Andic, Founder of Spain’s Mango, Dies in Accident at 71
Isak Andic, the visionary founder of the Spain-based fashion giant Mango, has passed away tragically at the age of 71. His untimely death occurred on Saturday following an accident in which he fell down a ravine near the Salnitre caves close to Barcelona, as recently reported by El Pais. Andic was a significant force in […]