Adidas Plans to Still Use Yeezy Designs After Costly Divorce Adidas, the renowned sportswear giant, has been navigating turbulent waters following its high-profile split with Kanye West, also known as Ye. The fallout from this separation has been significant, with Adidas recently slashing its profitability forecast for the fourth time this year. Despite the challenges […]
Pressure Eases on Nike, But Problems Remain
Pressure Eases on Nike, But Problems Remain In the world of sportswear, few brands carry the same level of recognition and prestige as Nike. From iconic swoosh logo to the slogan “Just Do It,” Nike has solidified its place as a powerhouse in the industry. However, like any company, Nike is not immune to challenges. […]
A 36-Year-Old Beauty Mogul Is South Korea’s Newest Billionaire
A 36-Year-Old Beauty Mogul Is South Korea’s Newest Billionaire In the realm of beauty and cosmetics, South Korea has been making waves globally with its innovative products and trends. One name that has recently emerged at the forefront of this booming industry is Kim Byung Hoon, the founder of APR Corp. At just 36 years […]
Michael Burke Tapped to Lead LVMH Americas
Michael Burke Tapped to Lead LVMH Americas In the realm of luxury fashion and lifestyle, few names command as much respect and admiration as LVMH. The French multinational corporation, known for its portfolio of prestigious brands such as Louis Vuitton, Dior, and Moët & Chandon, has recently made a significant leadership announcement that has sent […]
Japan’s Department Store Shares Lag as Tourist Splurge Slows
Japan’s Department Store Shares Lag as Tourist Splurge Slows The once-thriving landscape of Japan’s department stores is facing a significant downturn as the usual influx of tourist spending dwindles. The country, known for its bustling retail hubs and luxury shopping experiences, is now grappling with a sharp decline in tax-free sales at department stores nationwide. […]
Why Salomon-Owner Amer Sports’ IPO Fell Short
Why Salomon-Owner Amer Sports’ IPO Fell Short In the realm of fashion and sportswear, the initial public offering (IPO) of Amer Sports, the owner of Salomon, Arc’teryx, and Wilson, did not meet the anticipated success. Despite discounting its listing, the company faced challenges in the tepid US IPO market, joining the ranks of other major […]
Inside Fashion’s Biggest Olympics Ever
Inside Fashion’s Biggest Olympics Ever The intersection of sports and fashion has never been more pronounced than in the lead-up to the 2024 Olympic Games in Paris. Historically dominated by sportswear behemoths, this year’s event is witnessing a significant shift, with a surge of fashion brands eagerly stepping into the marketing arena. These fashion advertisers […]
Fast Fashion’s M&A Frenzy, Explained
Fast Fashion’s M&A Frenzy: Asos and Frasers Group Lead the Way In the ever-competitive world of fast fashion, where trends shift as quickly as the seasons, mergers and acquisitions (M&A) have become a strategic tool for companies looking to stay ahead of the curve. Recently, UK-based fast-fashion giants like Asos and Frasers Group have been […]
The Debate Over Nike’s CEO Bursts Into the Open
The Debate Over Nike’s CEO Bursts Into the Open Speculation about the chief executive’s future is now happening in the open public as pressure grows on Nike’s management to enact a turnaround — and do it sooner than later. The global sportswear giant, Nike, known for its innovative products and iconic marketing campaigns, is currently […]
A New Era of Fashion-Carmaker Collaborations
A New Era of Fashion-Carmaker Collaborations In the fast-paced world of fashion and automotive industries, collaboration is the name of the game. The recent trend of fashion-carmaker partnerships has taken the market by storm, with brands like Rimowa and Porsche joining forces to create innovative products that appeal to a younger, more aspirational consumer base. […]