In recent months, a remarkable trend has emerged within the wellness sector, closely following the pharmaceutical industry’s innovations. The spotlight is on GLP-1 receptor agonists, hormones that have gained notoriety due to their association with popular weight loss drugs like Ozempic and Wegovy. As wellness brands jostle to stake their claim in this burgeoning field, […]
BoF and Lyst Connect New York’s ‘Power Brand’ Community
In an impressive gathering held at Hotel Chelsea in Manhattan, executives from some of New York’s most influential independent fashion brands assembled to discuss customer engagement strategies within a challenging retail landscape. This event, co-hosted by Nick Blunden, President of The Business of Fashion (BoF), and Emma McFerran, CEO of Lyst, spotlighted how New York’s […]
MercadoLibre Posts Record Argentina Sales Amid Consumer Rebound
In recent announcements, MercadoLibre Inc., the leading e-commerce and fintech platform in Latin America, has demonstrated remarkable resilience with record sales in Argentina. As the nation gradually recovers from economic difficulties, the company reported that it sold an unprecedented 20 million products on its platform in August, amounting to approximately $916 million. This turnaround highlights […]
Arnault Poised to Buy Paris FC Football Club With Red Bull
In a substantial move that underscores the intersection of luxury and sports, Bernard Arnault’s family is on the verge of acquiring a majority stake in Paris FC, a second-tier football club in France, in a partnership with the Red Bull brand. This strategic investment reflects the Arnault family’s commitment to diversifying their portfolio and merging […]
Superfine: Tailoring Black Style is the Met’s Costume Institute Spring 2025 Exhibition
The Metropolitan Museum of Art’s Costume Institute has recently announced an exciting and transformative theme for its upcoming Spring 2025 exhibition: “Superfine: Tailoring Black Style.” This anticipated showcase aims to honor the rich history of menswear from the perspective of the Black diaspora, with a specific focus on a concept historically vital to fashion—Black Dandyism. […]
System Magazine Co-Founders Exit Publication
In a notable shift within the fashion media landscape, the co-founders of System Magazine — Elizabeth von Guttman, Thomas Lenthal, and Jonathan Wingfield — have announced their departure from the publication. This decision marks the end of an era for the influential magazine, which has carved a niche for itself since its inception. However, the […]
The E-Commerce Search Bar Gets an AI Makeover
In the world of e-commerce, the search bar is often viewed merely as a tool for users to find products. However, this feature has historically fallen short of expectations, providing subpar results and causing frustration. Retailers are now undergoing a significant transformation of their search functionalities by harnessing the power of artificial intelligence (AI) to […]
Saudi Wealth Fund to Buy 40% Share in Selfridges
In a significant move, Saudi Arabia’s Public Investment Fund (PIF) has finalized an agreement to acquire a 40% stake in the renowned UK department store chain, Selfridges. This transaction comes in the wake of the insolvency of Signa Group, Selfridges’ previous joint venture partner. The PIF’s investment will bolster Selfridges’ operational and financial position during […]
Used Luxury Watch Prices Stabilise, Boosted by Patek Philippe
The used luxury watch market is showing signs of recovery as prices have marginally increased, marking a shift after a prolonged period of decline. The Bloomberg Subdial Watch Index, which monitors the 50 most traded watch models on the secondary market, registered a 0.1 percent rise in September, primarily driven by Patek Philippe’s impressive performance. […]
Claudia Schiffer Announced as Rhode Ambassador
Hailey Bieber’s Rhode has welcomed a new star to its ranks: supermodel Claudia Schiffer. In a recent campaign announcement, Schiffer fronts Rhode’s latest product, a deeply moisturizing cream aptly named Butter Balm, which is set to be available at a price point of $38 starting October 28th on the brand’s e-commerce platform. With a distinguished […]