Zegna Group Revenues Down 1% as Wholesale Struggles and DTC Grows Italian luxury fashion house Zegna Group has recently reported a 1% decrease in revenues, reflecting the challenges faced by the wholesale sector while witnessing growth in Direct-to-Consumer (DTC) channels. This shift in revenue streams signifies a broader trend in the fashion industry as consumer […]
Francois Pinault’s Wealth Slides as Heir Fails to Revive Gucci
Francois Pinault’s Wealth Slides as Heir Fails to Revive Gucci Francois Pinault, the 88-year-old founder of luxury goods conglomerate Kering SA, has long been a titan in the world of fashion and business. However, recent reports indicate that his fortunes may be shifting, with his net worth taking a notable hit in the past year. […]
Acne Studios Names Brune Buonomano CMO
Acne Studios Names Brune Buonomano as the New Chief Marketing Officer Acne Studios, the renowned Swedish fashion brand, has recently made a significant announcement that is set to reshape its marketing strategies and initiatives. The brand disclosed that Brune Buonomano will be stepping into the role of Chief Marketing Officer, commencing May 5. This appointment […]
Louis Vuitton Raises Price on Popular US Bag Following New Trump Tariffs
Louis Vuitton’s Strategic Move: Price Increase on Popular US Bag Amid New Trump Tariffs In the realm of luxury fashion, few names evoke as much prestige and allure as Louis Vuitton. Renowned for its timeless elegance and impeccable craftsmanship, the French fashion house has long been a symbol of status and sophistication. However, recent developments […]
Do Beauty Brands Need Sample Sales?
Do Beauty Brands Need Sample Sales? In the ever-competitive world of beauty brands, the question of whether sample sales are a necessary strategy has been a topic of debate. Drawing inspiration from the fashion industry, beauty brands have started to adopt the concept of limited-time shopping events to clear excess inventory and generate buzz among […]
Fashion’s Unexpected Data Treasure Troves
Fashion’s Unexpected Data Treasure Troves In the ever-changing landscape of the fashion industry, staying ahead of trends is crucial for success. Gone are the days when gut feelings and instinct alone could drive sales and influence style choices. Today, a new wave of independent fashion brokers is emerging, leveraging data in ways that were previously […]
Explainer: The Digital Advertising Disruption Coming for Fashion
The Digital Advertising Disruption Coming for Fashion As the digital landscape continues to shift and evolve, the realm of online advertising is facing a significant shakeup that could have far-reaching implications, particularly for the fashion industry. Recent developments involving tech giants like Google and Meta (formerly Facebook) have set the stage for a potential overhaul […]
Exclusive: Chanel Signs Kendrick Lamar as Brand Ambassador
Exclusive: Chanel Signs Kendrick Lamar as Brand Ambassador Chanel, the iconic French fashion house known for its timeless elegance and sophistication, has made a bold and unexpected move by signing Kendrick Lamar, the renowned American musician, as its brand ambassador. This groundbreaking collaboration marks a significant shift in the fashion industry, bringing together the worlds […]
Jonathan Anderson’s Dior Debut Is Slated for June
Jonathan Anderson’s Dior Debut Is Slated for June The fashion world is abuzz with anticipation as Jonathan Anderson gears up for his highly-anticipated debut at Dior in June. The former Loewe designer was recently confirmed as the artistic director for men’s collections at the prestigious fashion house in a brief statement by LVMH chairman Bernard […]
Temu, Shein See US Sales Surge Ahead of Small-Parcel Tariff
Temu, Shein See US Sales Surge Ahead of Small-Parcel Tariff The landscape of e-commerce is ever-changing, with new players constantly emerging and established ones striving to maintain their positions in the market. Recently, two major players in the online retail industry, Temu and Shein, have managed to capture the attention of consumers in the US […]