Agenda-setting intelligence, analysis and advice for the global fashion community.
"Making AI more explainable is not just about reassuring leaders that they can trust algorithmic decisions; it is also about providing recourse for people to challenge AI-based decisions."
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Investors are looking for sportswear’s next hit product as the Adidas Samba craze loses steam. Adidas, Puma and Vans-owner VF Corp will have a chance to sell them on what’s next during their respective earnings calls this week.
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
Among the takeaways from the latest round of quarterly reports from European luxury groups: China’s hurting, industry growth in the US has slowed and quiet luxury is having a moment.
