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Luxury

The Great Fashion Reset | When Will Luxury Bounce Back?

Persistent economic pressures in the key China and US markets are likely to complicate the industry’s efforts to turn things around. That doesn’t mean there aren’t opportunities to seize.


Retail

Vivrelle Plots Retail Expansion With SoHo Pop-Up

Fresh off a $62 million Series C and fuelled by the price-conscious luxury consumer, the accessories rental startup is teaming up with Revolve on a SoHo pop-up, marking the next phase of its brick-and-mortar strategy.


Luxury

Soshiotsuki Wins Top Honours at LVMH Prize

Steve O Smith and Torishéju won the runner-up Karl Lagerfeld and Savoir-Faire prizes, respectively.


Retail

John Lewis Targets Gen-Z With Topshop Revival Tie-Up

The department store operator will host Topshop in 32 of its 36 stores from February as the clothing brand’s only national stockist on UK high streets, in a drive to attract younger shoppers and their mothers.


Beauty

At the US Open, Beauty Wants to Play With the Pros

Marketing to players has become big business as the athletes themselves become bigger tastemakers, prompting salons and brands to offer their services to the cream of the crop.


Beauty

Sonoma Brands Invests in British Beauty Distributor Discovered Brands

On Wednesday, the American private equity firm announced its minority investment of around $15 million in the London-based distributor which works with buzzy brands such as Ouai, Glow Recipe and Briogeo.


Luxury

The Great Fashion Reset | How to Fix Luxury’s Trust Issues

A series of scandals linking brands including Dior, Armani, Valentino and Loro Piana to sweatshops in Italy have helped fuel doubts about what customers are paying for and whether they can trust luxury brands anymore.


Luxury

Ssense Lenders Seek Fast Sale of Struggling Fashion Retailer

The e-tailer’s mix of commerce and culture attracted private investment in 2021 that valued the company at more than 5 billion Canadian dollars. Now, the enterprise is threatened by debt and mistrust.


Retail

Klarna, Backers Seek $1.27 Billion in IPO After Tariff Pause

The US IPO market is poised to continue a hot streak of recent activity into the coming months.


Luxury

Diotima’s Rachel Scott to Design Proenza Schouler

The designer behind cult New York label Diotima will succeed Proenza Schouler founders Jack McCollough and Lazaro Hernandez, who were tapped to design LVMH’s Loewe earlier this year.


Sports

Nike’s Female Basketball Stars Are Outshining Their Male Counterparts

WNBA talents like A’ja Wilson, Sabrina Ionescu and Caitlin Clark are among the sneaker giant’s most exciting athletes today and helping it win customers in the growing market for women’s sportswear.


Beauty

Sexual Healing, in a Perfume Bottle

The luxury fragrance-meets-wellness brand tapped Isamaya Ffrench and Mia Khalifa as the first faces for its ‘sexual energy’-themed launches, founder Yasmin Sewell exclusively told The Business of Beauty.