Zegna Group Profits Decline 30 Percent Luxury fashion house Ermenegildo Zegna Group recently released its financial report for 2024, revealing a 31 percent decline in profits to €91 million ($98 million). This significant decrease in earnings has been attributed to various factors, including a notable slowdown in the Chinese market and a weaker wholesale performance, […]
How Female Founders Are Courting Investors in a Tough Climate
Female Founders in Fashion and Beauty: Navigating Investment Challenges in a Turbulent Climate The landscape for female founders in the realms of fashion and beauty has become increasingly challenging in recent times. Sinking brand valuations, a shaky economy, and the rollback of Diversity, Equity, and Inclusion (DEI) initiatives have placed immense pressure on women entrepreneurs […]
Homme Plissé Issey Miyake Named Guest Designer at Pitti Uomo in June
Homme Plissé Issey Miyake to Headline Pitti Uomo as Guest Designer in June Pitti Immagine Uomo has set the stage for a groundbreaking showcase in the world of men’s fashion by naming Issey Miyake’s Homme Plissé as the “guest of honor” for its upcoming edition in June. Renowned for its avant-garde pleated creations and cutting-edge […]
Reimagining Customer Connections Through Digital Product Passports
Reimagining Customer Connections Through Digital Product Passports Over breakfast in Milan, executives from top fashion houses like Kering, Moncler, and Armani gathered to discuss the innovative use of digital product passports in enhancing customer connections. The meeting, organized by Certilogo and Business of Fashion (BoF), highlighted the growing importance of traceability technology in not only […]
Proenza Schouler Founders to Design LVMH’s Loewe
Proenza Schouler Founders to Design LVMH’s Loewe American designers Jack McCollough and Lazaro Hernandez, the masterminds behind the renowned fashion house Proenza Schouler, are set to bring their innovative vision and creative genius to the prestigious Spanish brand Loewe, under the umbrella of luxury conglomerate LVMH. This strategic move marks a significant shift in the […]
Did Fashion Learn Anything from Covid?
Did Fashion Learn Anything from Covid? The fashion industry, like many others, was forced to reckon with the realities of a global pandemic. As lockdowns were imposed, stores shuttered, and runways went virtual, many in the industry vowed to use this unprecedented moment as an opportunity to reflect, reset, and reshape their practices for the […]
Making Sense of This Week’s Big Fashion Bankruptcies
Making Sense of This Week’s Big Fashion Bankruptcies The recent announcements of Forever 21 and Hudson’s Bay heading towards liquidation have sent shockwaves through the fashion industry. These once-thriving retail giants now face the harsh reality of financial collapse, raising concerns about the future of brick-and-mortar stores in an increasingly digital world. However, a closer […]
The Revenge of Abstraction on Fashion’s Catwalks
The Revenge of Abstraction on Fashion’s Catwalks Experimental silhouettes are reclaiming the spotlight on fashion’s catwalks as a new wave of young labels boldly challenges the industry’s recent obsession with commercial and heritage-inflected designs. Brands such as Duran Lantink, Vautrait, and Marie Adam-Leenaerdt are spearheading this avant-garde movement, pushing the boundaries of traditional fashion and […]
The Business Behind Christos Garkinos’ Live Resale Empire
The Business Behind Christos Garkinos’ Live Resale Empire Christos Garkinos, the former HSN host, has taken the world of fashion by storm with his innovative approach to resale. Through the power of Instagram Live, he has managed to transform the traditional trunk show into a modern-day phenomenon, captivating audiences and amassing over $100 million in […]
Forever 21 to Close Stores in Bid to Mimic Online Rivals’ Model
Forever 21 Shifts Strategy: Closing Stores to Embrace Online Retail Trends The retail landscape is constantly evolving, with e-commerce giants setting the pace for the future of shopping. In a bid to stay competitive and mimic the success of online rivals, fast fashion retailer Forever 21 is making bold moves. According to Bloomberg, the brand […]