Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
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.
fashion-show
Entrepreneurship
Britain’s Young Designers Are Struggling
With several emerging designers unable to show their work at London Fashion Week due to financial constraints, the industry chatter was as much about the shows that weren’t as the shows that were, reports the Guardian.
Luxury
Riccardo Tisci Mentors Protégé Ahead of LA Show
Luis de Javier is set to show his Spring/Summer 2024 collection this Saturday in Los Angeles under the mentorship of big leagues creative director Riccardo Tisci.
China
Caution Prevails at Shanghai Fashion Week
At the latest edition of China’s top fashion week, brands adapted their designs for a more value-minded shopper as retail buyers prepared for a softer local market.
Retail
The Week Ahead: The Big Verdict for Farfetch-YNAP and More
The industry will be keeping an eye on a key moment for Farfetch, plus Birkenstock’s trajectory, the return of LA Fashion Week and the escalating crisis in the Middle East. That, and what else to watch for in the coming days.
Fashion Week
Does Fashion Need a New LA Fashion Week?
One of the creative masterminds behind Fenty is part of a group of new owners aiming to reboot LA Fashion Week with new formats and ties to entertainment, beauty and wellness.
Sustainability
Op-Ed | The Climate Cost of Fashion Weeks Is Bigger Than it Seems
While fashion shows themselves account for a tiny fraction of the industry’s environmental impact, they sit at the very heart of the marketing machine that fuels planet-damaging overconsumption, argues Rachel Arthur.
Fashion Week
Top 10 Shows of the Season
BoF’s editors pick their favourite shows of the Spring/Summer 2024 season.
Fashion Week
Paris: The Final Day — Last Women Standing
Miuccia Prada tells her own story at Miu Miu. How much of Virginie Viard’s is in Chanel?
Fashion Week
In Paris, a Season of Normality
Save for a few outliers, simplicity reigned at Paris Fashion Week, writes Angelo Flaccavento.
Fashion Week
Paris Days Seven and Eight: Brands’ New Day
Balenciaga, Valentino and Louis Vuitton all have their issues, writes Tim Blanks.
Fashion Week
Paris Day Six: Alexander McQueen, Comme des Garçons, Junya Watanabe
Sarah Burton saying goodbye to McQueen gives pause for reflection on the question of legacy. So does Rei Kawakubo with yet another exercise in abstraction.
Fashion Week
Paris Day Five: Civilised Subversion at Loewe
After 10 years as creative director, Jonathan Anderson has defined a new attitude for the Spanish brand.
The News in Brief
Shein Agrees to Pay $100 Million to Settle US FTC Probe
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.
Kering Drops 12% as Luxury Braces for Tough Winter
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.
UK Retail Sales Fall 0.4% in September, More Than Forecast
Sales fell in September as above-average temperatures hit demand for autumn clothing.
Elle Launches Moroccan Edition
Hitting newsstands in October, the magazine marks Elle’s 51st international edition, published under licence by the Geomedia group.
David’s Bridal Plans Spinoff and IPO of AI Wedding Planning Platform Pearl
Pearl, a subsidiary of David’s Bridal, will own David’s Bridal and license its intellectual property back to the bridalwear brand. David’s Bridal CEO Kelly Cook will serve as Pearl’s CEO.
L’Oréal Sales Beat Expectations as Premium Products Surge
The French giant handily beat expectations on strong demand for hair products at salons and premium skincare from its dermatological division.
P&G Beats Revenue Estimates, Flags Bigger Hit to Annual Profit
The maker of Pantene shampoo was helped by strong personal care demand, but expects higher commodity costs to reduce profit by about $1.4 billion this year.