Reformation Targets $1 Billion Valuation in IPO
The Permira-backed retailer said on Monday that it and some of its selling shareholders aim to raise up to $239.1 million in the IPO.
Designers
Latest News & Analysis
Retail
Fast Retailing’s GU Unveils First Collection by Francesco Risso
GU, a lower-priced counterpart to Uniqlo, is betting a former luxury fashion designer can help turn $18 jeans into global success.
Fast Retailing’s GU Unveils First Collection by Francesco Risso
GU, a lower-priced counterpart to Uniqlo, is betting a former luxury fashion designer can help turn $18 jeans into global success.
Global Markets
How Japanese Textile Innovators Won Over Global Fashion
Combining centuries-old craftsmanship with pioneering materials and creative surface design, Japanese mills supply some of the world’s biggest fashion brands, from Levi’s to Chanel.
How Japanese Textile Innovators Won Over Global Fashion
Combining centuries-old craftsmanship with pioneering materials and creative surface design, Japanese mills supply some of the world’s biggest fashion brands, from Levi’s to Chanel.
Luxury
Confirmed: Olivier Rousteing Heads to Rabanne
The designer’s appointment follows a 14-year run at Balmain that ended in November and comes with a mandate to expand the brand into new product categories.
Confirmed: Olivier Rousteing Heads to Rabanne
The designer’s appointment follows a 14-year run at Balmain that ended in November and comes with a mandate to expand the brand into new product categories.
Beauty
Exclusive: Valentino Beauty Launches New Fragrance Franchise, Vendetta
The L’Oréal-owned beauty label is capitalising on its success in the perfume category with a new mens and womens collection, fronted by Dakota Johnson and Alexander Skarsgård.
Exclusive: Valentino Beauty Launches New Fragrance Franchise, Vendetta
The L’Oréal-owned beauty label is capitalising on its success in the perfume category with a new mens and womens collection, fronted by Dakota Johnson and Alexander Skarsgård.
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Retail
Zara Womenswear Chief Steps Down After 40 Years at Inditex
Inditex SA’s veteran executive Beatriz Padín has stepped down after more than 40 years at the company, including two and a half decades in charge of womenswear at its flagship Zara brand.
Zara Womenswear Chief Steps Down After 40 Years at Inditex
Inditex SA’s veteran executive Beatriz Padín has stepped down after more than 40 years at the company, including two and a half decades in charge of womenswear at its flagship Zara brand.
Fashion Week
Fendi’s Austere New Era
Maria Grazia Chiuri’s haute couture debut for Fendi was technically faultless but oddly somber, writes Angelo Flaccavento.
Fendi’s Austere New Era
Maria Grazia Chiuri’s haute couture debut for Fendi was technically faultless but oddly somber, writes Angelo Flaccavento.
Luxury
Hermès to Stage First Couture Show in January
The push into couture, piloted by women’s artistic director Nadège Vanhée, will offer the French leather goods powerhouse another way to engage its wealthiest clients and cement its top-end positioning.
Hermès to Stage First Couture Show in January
The push into couture, piloted by women’s artistic director Nadège Vanhée, will offer the French leather goods powerhouse another way to engage its wealthiest clients and cement its top-end positioning.
Fashion Week
In Paris, Continuity and the Present Moment Collide
Pierpaolo Piccioli’s couture debut at Balenciaga delivered predictable grandeur, while Duran Lantink took an irreverent turn at Jean Paul Gaultier.
In Paris, Continuity and the Present Moment Collide
Pierpaolo Piccioli’s couture debut at Balenciaga delivered predictable grandeur, while Duran Lantink took an irreverent turn at Jean Paul Gaultier.
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Luxury
The Quiet Rise of Ponte
Loewe alum and LVMH Prize finalist Harry Pontefract is exhibiting pieces from his startup label Ponte at Dover Street Market Paris this week.
The Quiet Rise of Ponte
Loewe alum and LVMH Prize finalist Harry Pontefract is exhibiting pieces from his startup label Ponte at Dover Street Market Paris this week.
Fashion Week
Haute Couture’s Heroes in Training
Standing Ground’s Michael Stewart is risking everything as the new couturier in town, but after seven years at Schiaparelli, Daniel Roseberry is also taking a flier on a daring new direction.
Haute Couture’s Heroes in Training
Standing Ground’s Michael Stewart is risking everything as the new couturier in town, but after seven years at Schiaparelli, Daniel Roseberry is also taking a flier on a daring new direction.
Beauty
Coty and Kering Agree to Early Transfer of Gucci Beauty Licence to L’Oréal
Coty will receive approximately $400 million and continue to operate the brand until at least June 30, 2027, terminating its prior agreement a year earlier than originally signed.
Coty and Kering Agree to Early Transfer of Gucci Beauty Licence to L’Oréal
Coty will receive approximately $400 million and continue to operate the brand until at least June 30, 2027, terminating its prior agreement a year earlier than originally signed.
Fashion Week
Matthieu Blazy Puts Enchantment to Work at Chanel
The designer asked himself, ‘How can we juxtapose fairy tales and the adventure of the everyday?’ — and then gave us a dazzling answer.
Matthieu Blazy Puts Enchantment to Work at Chanel
The designer asked himself, ‘How can we juxtapose fairy tales and the adventure of the everyday?’ — and then gave us a dazzling answer.
The News in Brief
Primark Cuts Prices Ahead of Split From AB Foods
The budget fashion chain said it would reduce prices by up to 29 percent across hundreds of products, seeking to improve trading ahead of next year’s spin off.
India’s Tata Group Plans 100 Annual Stores for Its Westside Brand
The Mumbai-based conglomerate aims to double the pace of store openings for its premium clothing brand to reinvigorate growth.
Fast Retailing’s GU Unveils First Collection by Francesco Risso
GU, a lower-priced counterpart to Uniqlo, is betting a former luxury fashion designer can help turn $18 jeans into global success.
Chanel Says It Is Cooperating in Italy Labour Probe, Has Cut Ties With Subcontractor
The French fashion house said cut ties weeks ago with the subcontractor concerned, instructing its packaging supplier to end the relationship two days after receiving an alert on May 18.
Italian Police Visit Fashion Firms Including Cucinelli and Moncler in Labour Probe
Police visited nine high-end fashion firms as part of an investigation into alleged exploitation of workers at subcontractors.
Burberry’s US Sales Boost Growth as Turnaround Gains Momentum
The British brand’s sales grew across all product ranges for the first time in three years, though shares fell as investors shift focus to its efforts to drive further profitability.
Exclusive: 10 Years Post-Brexit, UK Wholesale Growth Heavily Trails Global Peers
A decade after the Brexit referendum, Joor transaction data reveals EU retail spend on UK labels has plunged to under 7 percent, while UK retailers’ allocation to European brands has nearly halved.