Arnault Clan to Change LVMH Holding Structure to Ensure Control
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
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Latest News & Analysis
News & Analysis
On Racism, Fashion Must Do More Than Speak Up
After yet another senseless killing of an unarmed black man at the hands of the police in the United States, the fashion industry has a duty to its customers and society at large to use its privilege and power to drive systemic change.
News & Analysis
Why the Fall of Harvey Weinstein Signals the End of Fashion's 'Don't Ask, Don't Tell' Practices
Weinstein’s accusers were muffled for more than two decades, but today's connected world won't tolerate this sort of behaviour in any industry, including fashion.
News & Analysis
Why Edward Enninful Will Be Good for British Vogue
Edward Enninful’s appointment as editor-in-chief of British Vogue is a bold and progressive choice for the 100-year-old magazine.
Global Markets
A ‘Brexit’ Would Be Bad for Fashion
Britain’s exit from the European Union would do real damage to the global fashion industry.
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Retail
Why American Department Stores Are ‘Broken’
Struggling American department stores still place the biggest orders, but increasingly rely on markdowns to drive foot traffic and sales, resulting in a vicious cycle with ramifications across the industry.
News & Analysis
The Risks of Changing Creative Directors
Changing the guard at the creative helm of a major fashion house is capital-intensive but can reap great rewards. What’s at stake when fashion houses cycle through designers?
Sustainability
Can 'Carbon Funds' Help Fashion Brands Tackle Their Environmental Impact?
This week, LVMH unveiled an unconventional approach to environmental sustainability. But a “carbon fund” alone won’t solve fashion companies’ eco-problems.
Marketing
The Same-Sex Wedding Opportunity
The same-sex wedding market is worth $1.04 billion in the US and $192 million in the UK alone. Why have fashion companies been so slow to tap the opportunity it presents?
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Technology
Making Apple’s Watch Fashionable
For Apple’s Watch to work, the company will need to harness an ecosystem of fashion and accessories designers as well as an ecosystem of app developers.
Fashion Week
NYFW Needs a Good, Old-Fashioned Edit
New York Fashion Week’s sprawl across the city presents major logistical problems. But the real issue isn’t IMG or Lincoln Center. NYFW just needs a good, old-fashioned edit.
Sustainability
The Year Fashion Woke Up
This year, ethics and sustainability finally became a priority for a range of influential players, from major high street retailers to luxury conglomerates.
Marketing
Feeding the Feed
In recent years, the stream of social events staged by fashion brands has spilled well beyond fashion weeks, primarily to keep pace with online fans who expect new content each time they refresh their feeds.
The News in Brief
JD Sports Says Nike Turnaround Is Only a Matter of Time
Dominic Platt, chief financial officer of the British sportswear retailer, told Reuters, ‘Much as there's a lot of talk about Nike, it's still the most popular brand out there and it's still a very strong brand.’
Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Meta Expected to Unveil Smart Glasses Without Camera
Smart glasses have become a target of criticism in recent months amid growing concerns they can be used to record people without their consent.
Record Global Fibre Production Pushes Fashion’s Environmental Footprint Higher
Planet-warming emissions associated with the raw materials used to make fashion, footwear and home textiles have risen 30 percent since 2019, according to a new report.
Novo Nordisk Looks to Target Hair Loss in Consumer Push
The maker of Ozempic and Wegovy seeks to expand its direct-to-consumer pharmaceutical business as rival Eli Lilly outpaces in weight-loss drugs.
On Targets High-Teens Growth Through 2029
The Swiss brand revealed its plan to keep up its momentum with new products in sports such as golf and its Mbappé-supported entry into football ahead of its investor day Tuesday.
Reference Festival to Host ‘Freie Kunst’ Event at Art Basel Paris
The event runs from Oct. 22 to 25 and will mix participants from art, fashion, music and technology as part of the festival’s tradition of a ‘radical and unhinged exchange of ideas,’ said Mumi Haiati, founder of the event’s organiser Reference Studios.