PVH Corp., the parent company of renowned brands Calvin Klein and Tommy Hilfiger, has navigated a challenging landscape in its third quarter (3Q), posting revenue of $2.26 billion. While this reflects a 5% decline year-on-year, it nevertheless exceeds expectations of a 6% to 7% decrease. This slight outperformance gives investors a glimmer of hope amid […]
Textile Recycling: Big Opportunity or Risky Business?
In recent years, the fashion industry has faced increasing scrutiny due to its impact on the environment. Amidst this backdrop, Technip Energies, a French engineering giant, is making a significant pivot from its traditional operations, which have focused heavily on fossil-fuel infrastructure, to a promising new venture in textile recycling. With its recent launch of […]
The Rise of the Indigenous Model
In recent years, the fashion industry has witnessed a significant transformation, particularly in the representation of Indigenous models. This movement gained momentum primarily due to the emergence of Quannah ChasingHorse, a model whose journey began when she was discovered by a Calvin Klein scouting director while advocating for environmental protection. Initially focused on her native […]
Creating a Dialogue with Consumers Through Connected Products
In a pivotal moment for the fashion industry, Michele Casucci, founder and general manager of Certilogo, hosted a groundbreaking knowledge luncheon at BoF VOICES 2024 in Oxfordshire. As leaders from notable brands like Versace, Tommy Hilfiger, Nike, and H&M came together, the focus was on digital product passport technology (DPPs) — an avenue that not […]
Trump’s Impact on Fashion Takes Shape
Fashion executives are standing at a crossroads as they look ahead to the tumultuous landscape created by the recent U.S. elections and the re-election of Donald Trump. The uncertainties looming over the fashion industry are profound, particularly in the areas of trade, consumer sentiment, and diversity and inclusion initiatives. Tariff Implications: A Looming Challenge The […]
Where Fashion Is Finding Growth in Asia as China Stalls
As the global fashion landscape shifts, Asia emerges as a burgeoning market. Recent analyses reveal a pivotal evolving landscape within Asia’s fashion industry, particularly spotlighting a dramatic pivot from China to countries like India and Japan. The change signals new growth avenues for brands aiming to navigate current economic climates. China has long been a […]
Via Montenapoleone Becomes World’s Most Expensive Shopping Strip
The iconic shopping street of Milan, known as Via Monte Napoleone, has recently earned the title of the world’s most expensive shopping destination. With retail rents surpassing €20,000 per square meter, this 350-meter stretch has outpaced even New York’s Fifth Avenue, which has long held its status as a luxury retail powerhouse. For those in […]
What Will Happen to Fashion If the World Misses Its Climate Targets?
As we approach the end of 2024, alarming new reports highlight the fashion industry’s precarious position in the context of climate change. Just this year, the world reached a critical milestone — for the first time, it breached 1.5 degrees Celsius of warming above pre-industrial levels. The implications of exceeding this threshold are profound, particularly […]
How to Choose a PR Agency
In the dynamic world of fashion and consumer goods, selecting a public relations (PR) agency has never been more vital yet increasingly intricate. With the landscape reshaped by social media and rapid communication, the importance of finding a partnership that aligns with brand goals is paramount. As exemplified by designer Elena Velez, who sought a […]
Frasers Calls for Removal of Boohoo Director Mahmud Kamani
In a striking move within the competitive landscape of the UK retail sector, Mike Ashley’s Frasers Group Plc has prompted Boohoo Group Plc’s shareholders to oust co-founder Mahmud Kamani from his directorial position. This call for action stems from claims of ineffective governance and financial mismanagement, marking another chapter in the ongoing tussle between two […]