Kim Kardashian’s Skims Hires First Chief Commercial Officer Kim Kardashian’s shapewear, intimates, and loungewear brand, Skims, continues to make waves in the fashion industry as it announces the appointment of Robert Norton as its first Chief Commercial Officer. This strategic move showcases the brand’s commitment to growth and market expansion. With Norton’s extensive experience, particularly […]
Supreme Revenue Declined in Financial Year Ended March 2023
Supreme Revenue Declined in Financial Year Ended March 2023 Supreme, the iconic New York-based streetwear brand, has long been a powerhouse in the fashion industry, known for its exclusive drops, collaborations, and cult following. However, recent financial reports have revealed a decline in revenue for the year ended March 2023. According to VF Corp’s annual […]
How Nike Ran Off Course
How Nike Lost Its Stride: A Look at the Factors Behind the Brand’s Recent Slump Nike, the iconic sportswear giant, is currently facing its toughest challenge in over a decade. While its competitors are thriving and setting new trends in the industry, Nike seems to have lost its stride. The brand that was once synonymous […]
How Investors Fell Back in Love With Fashion Tech
Investors are Falling Back in Love with Fashion Tech In the ever-evolving landscape of technology and innovation, one industry that is currently in the spotlight is fashion tech. With the rise of AI and the increasing influence of Silicon Valley, investors are once again turning their attention to startups that are set to revolutionize how […]
Nike Fourth-Quarter Sales Fall by Less Than Expected
Nike Fourth-Quarter Sales Fall by Less Than Expected Nike, the global sportswear giant, recently announced that its fourth-quarter sales fell by less than expected. Despite the decline, CEO Elliott Hill expressed optimism, stating that the company is making progress in its turnaround effort. However, he also acknowledged that a full return to growth will require […]
The End of The Founder-Led Era
The End of The Founder-Led Era In the realm of business and entrepreneurship, the concept of a founder-led company has long been romanticized. From the visionary leadership of Steve Jobs at Apple to the bold innovation of Elon Musk at Tesla, founder-led companies have often been synonymous with success, innovation, and a unique brand identity. […]
The Debrief | The Jewellery Boom, Explained
The Jewellery Boom: How Smaller Designers are Shaping the Industry Landscape In a world where luxury fashion brands are grappling with declining demand, there is one sector that seems to be thriving – jewellery. The sparkle of diamonds, the luster of gold, and the allure of precious gemstones have captured the hearts of consumers, leading […]
The Fashion and Beauty Opportunity on Snapchat in the Gulf
The Fashion and Beauty Opportunity on Snapchat in the Gulf The digital realm has become an indispensable platform for brands looking to connect with consumers, and the Gulf region is no exception. With the rise of social media usage in the Gulf, particularly on platforms like Snapchat, fashion and beauty brands are presented with a […]
US Retail Sales Post Biggest Drop in Four Months
US Retail Sales Experience Significant Drop in May, With Silver Lining in Clothing Sector The recent report on US retail sales for the month of May has left economists and analysts pondering over the state of the economy. The figures show a decline in retail sales, marking the biggest drop in four months. This unexpected […]
This Week: Fashion Tries to Ignore the News
Fashion Industry’s Political Neutrality Tested as Retail Sales and Trade Talks Shape Future In a world where politics and fashion have become increasingly intertwined, the fashion industry’s newfound stance of political neutrality is now facing a critical test. As the week unfolds, the industry is striving to divert its focus from the tumultuous news cycle […]