In a significant shake-up at Bath & Body Works, the company has announced that Julie Rosen, the retail president who has overseen the brand for four years, will leave her position effective October 22. This move comes as part of a broader restructuring strategy aimed at streamlining operations and revitalizing a brand that has struggled […]
Alessandro Michele’s Valentino Vision
In an era where fashion is both a form of artistic expression and a business, Alessandro Michele’s recent appointment as creative director of Valentino marks a significant turning point for the storied Italian fashion house. After his groundbreaking tenure at Gucci, where he transformed the brand’s aesthetic and profitability, Michele’s vision for Valentino promises to […]
LTK Drops Lawsuit Against ShopMy
In a significant shift within the influencer monetization landscape, LTK, formerly known as rewardStyle, has decided to end its legal dispute with the rival platform ShopMy. The lawsuit, initially filed in late May, accused ShopMy of false advertising, trademark infringement, and unfair competition. However, as of August 26, the case was dismissed without prejudice, allowing […]
Paris Day Two: Best Friends Nicolas Di Felice and Julien Dossena Show on the Same Day
The Paris Fashion Week has long been a platform for innovation and creativity, showcasing the artistry of the fashion industry. On Day Two, two prominent designers, Nicolas Di Felice for Courrèges and Julien Dossena for Rabanne, shared the spotlight, but each presented a distinctive vision that captivated their audiences. Nicolas Di Felice’s Courrèges collection was […]
Alessandro Michele, Michelle Yeoh, Francesca Bellettini, Zac Posen and Angel Reese Are Our BoF 500 Cover Stars
On September 27, 2024, The Business of Fashion (BoF) will induct 100 new members into The BoF 500, a prestigious index recognizing influential figures across the global fashion industry. This year, five individuals stand out for their profound impact, each representing different realms in fashion, film, and sports: Alessandro Michele, Michelle Yeoh, Francesca Bellettini, Zac […]
Eyewear’s Disruption by Smart Glasses May Have Already Begun
As technology advances at an unprecedented pace, industries grapple with integration and adaptation. The eyewear industry stands at a significant crossroads with the emergence of smart glasses. Meta, previously known as Facebook, is set to introduce its first augmented-reality glasses, but it is its more accessible Ray-Ban Meta smart glasses that may reshape the landscape […]
Italy Opens Greenwashing Probe Into Shein Website
Italy’s antitrust agency is taking a significant step by investigating the parent company of Shein—a popular fast-fashion retailer—over potentially misleading environmental claims. The probe specifically targets Infinite Styles Services CO. Limited, which operates Shein’s website and app. Allegations of Misleading Claims The Italian authority has expressed concerns that Shein’s website attempts to present an image […]
Online Holiday Spending Projected to Rise 8.4%, Most Since 2021
As the holiday season approaches, digital wallets are poised to become significantly fuller this year. According to Adobe Inc., U.S. consumers are expected to spend a remarkable $240.8 billion online in November and December, marking an 8.4% increase from last year’s figures. This growth signals not only the resilience of e-commerce but also a shift […]
Silas Capital, Unilever Ventures Invest in Skincare Brand Oak Essentials
The skincare sector continues to attract attention from major investors, as evidenced by the recent partnership between Oak Essentials and notable venture capital firms Silas Capital and Unilever Ventures. Founded by the talented US clothing designer Jenni Kayne in 2021, Oak Essentials has carved a niche in the premium beauty market by offering a line […]
Breitling CEO ‘Quite Confident’ Luxury Industry Has Hit Bottom
Georges Kern, the CEO of Breitling AG, recently expressed optimism regarding the luxury watch sector, asserting that it has reached its low point. His confidence comes amid economic challenges heavily influenced by a slowdown in the Chinese market, a vital area for luxury goods sales. In an interview with Bloomberg Television, Kern highlighted a significant […]