L’Oréal Joins Forces With Nykaa to Invest in Indian Beauty Brands
BOLD, the French conglomerate’s venture capital fund, will collaborate with retailer Nykaa to invest in the next generation of Indian beauty brands.
footwear
News & Analysis
Wanda Ferragamo, Matriarch of Famed Shoemaker, Dies at 96
Wanda turned the shoemaker into an international fashion powerhouse by extending the business to accessories and clothing.
Luxury
Midnight 00 Is the Antidote to the Sneaker Hype Gripping Footwear
The demi-couture footwear label, founded by stylist and street style star Ada Kokosar, is bringing back opulent heels in a time when trainers reign supreme.
News & Analysis
Adidas Launches Collaboration with Cult-Sneaker Store Footpatrol
The German sportswear brand unveiled its latest Consortium collaboration as it continues to explore the potential of digital light synthesis 3D printing technology.
Luxury
Tamara Mellon Plots Next Steps
The direct-to-consumer footwear brand is opening its first brick-and-mortar store in Los Angeles after a $24 million Series B funding round.
Financial Markets
Manu Atelier Expands Into Footwear
The Turkish handbag label, known for its geometric designs, is launching footwear in October and will present the collection during Paris Fashion Week.
Retail
How Zalando Is Fighting Off Amazon and Building the Spotify of Fashion
Ten years ago, Robert Gentz and David Schneider founded what has become Europe’s biggest fashion e-commerce player. Now, Amazon is targeting their turf, but the duo has bigger plans: an operating system for fashion.
Luxury
Sneakers: Luxury’s Gateway to Millennials
Luxury sneakers are the ultimate status symbols for a new generation of consumers. Now brands like Balenciaga, Versace and Gucci are upping their game.
Luxury
Manolo Blahnik Bets on Men’s Shoes
The footwear designer is opening his first men’s boutique in London’s Burlington Arcade and aims to make men’s shoes 20 percent of the business.
News & Analysis
Tod's Owner Says CEO Will 'Conduct Orchestra' at Italian Luxury Group
Tod's has embarked on a new strategy, with the launch of multiple collections throughout the year as well as focusing on more traditional products.
News & Analysis
Footwear Industry Slams Trump's Claim That Canadians Smuggle Shoes
If Trump is concerned about treating American footwear companies and consumers fairly, then he should have signed the Trans-Pacific Partnership, Footwear Distributors and Retailers of America said.
News & Analysis
Consumers Want to Eat Beef, Not Wear It, Sending Leather Prices Plummeting
More American shoppers want to cover their feet in animal-free footwear.
Luxury
Louboutin Wins EU Court Battle Over Trademark Red Soles
The French designer went to court in The Netherlands to prevent a high street chain from selling its own versions of high-heeled shoes with red soles.
The News in Brief
Private Equity Firm Inflexion Invests in Manucurist
The European investor, which previously backed Medik8, has taken a 49 percent stake in the premium French nail line.
H&M Profit Rises on Tariff Refunds as Sales Remain Sluggish
US tariff refunds drove an increase operating profit, even as the fast-fashion retailer has struggled to deliver consistent sales growth.
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.
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.