Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.
investment
Luxury
After Hitting a Few Moguls, Skiwear Brand Perfect Moment Goes Public
The skiwear brand staged a small IPO on Thursday to fund its growth plans, after struggling to line up investors in the private market.
After Hitting a Few Moguls, Skiwear Brand Perfect Moment Goes Public
The skiwear brand staged a small IPO on Thursday to fund its growth plans, after struggling to line up investors in the private market.
Luxury
Neiman Marcus Ends Partnership With Farfetch
Neiman Marcus Group on Wednesday announced it has abandoned plans to use Farfetch’s e-commerce software to revamp the luxury department store’s online storefront and app. The luxury department store chain will also not join Farfetch’s marketplace.
Neiman Marcus Ends Partnership With Farfetch
Neiman Marcus Group on Wednesday announced it has abandoned plans to use Farfetch’s e-commerce software to revamp the luxury department store’s online storefront and app. The luxury department store chain will also not join Farfetch’s marketplace.
Global Markets
Japan’s SixtyPercent Secures Investment from Kuroneko Innovation Fund
The e-commerce platform selling Asian fashion brands to Japanese consumers has raised 460 million yen ($3.1 million) in a series A funding round led by the corporate venture arm of Yamato Holdings.
Japan’s SixtyPercent Secures Investment from Kuroneko Innovation Fund
The e-commerce platform selling Asian fashion brands to Japanese consumers has raised 460 million yen ($3.1 million) in a series A funding round led by the corporate venture arm of Yamato Holdings.
Sports
Why Salomon-Owner Amer Sports’ IPO Fell Short
After discounting its listing, the sportswear group, which also owns Arc’teryx and Wilson, became the latest big fashion company to confront the tepid US IPO market.
Why Salomon-Owner Amer Sports’ IPO Fell Short
After discounting its listing, the sportswear group, which also owns Arc’teryx and Wilson, became the latest big fashion company to confront the tepid US IPO market.
Sustainability
Where Is the Money to Make Fashion More Sustainable?
Decarbonising the industry is expected to take $1 trillion over the coming decades. Where that money will come from and how it’s distributed remain open questions.
Where Is the Money to Make Fashion More Sustainable?
Decarbonising the industry is expected to take $1 trillion over the coming decades. Where that money will come from and how it’s distributed remain open questions.
Beauty
The Thinking Behind Beauty’s Latest M&A Wave
With a limited number of targets on the market, strategics and private equity firms are rushing to snap up the most promising brands.
The Thinking Behind Beauty’s Latest M&A Wave
With a limited number of targets on the market, strategics and private equity firms are rushing to snap up the most promising brands.
Beauty
How to Win Over Investors in a Beauty Downturn
Funding rounds are getting slimmer, smaller and more spaced out, but investors still want to find – and fund – the next big thing. Here’s what’s catching their attention in 2024.
How to Win Over Investors in a Beauty Downturn
Funding rounds are getting slimmer, smaller and more spaced out, but investors still want to find – and fund – the next big thing. Here’s what’s catching their attention in 2024.
Retail
Farfetch Investors Form Group to Oppose Coupang Acquisition
A newly formed group of institutional investors with a massive stake in Farfetch is requesting immediate pay back on the company’s debts amid fear that a deal with Coupang will further erode the e-tailer’s value.
Farfetch Investors Form Group to Oppose Coupang Acquisition
A newly formed group of institutional investors with a massive stake in Farfetch is requesting immediate pay back on the company’s debts amid fear that a deal with Coupang will further erode the e-tailer’s value.
Beauty
Givaudan Sales Surge to $8 Billion, Led by Fine Fragrance
The Swiss fragrances and ingredients company saw sales increase 4.1 percent to CHF 6.9 billion ($8 billion) according to its 2023 full-year results, announced on Thursday.
Givaudan Sales Surge to $8 Billion, Led by Fine Fragrance
The Swiss fragrances and ingredients company saw sales increase 4.1 percent to CHF 6.9 billion ($8 billion) according to its 2023 full-year results, announced on Thursday.
Beauty
Hair and Scalp Line Jupiter Secures $3 Million Funding Round
The premium hair care line raised the capital in an extended seed round with participation from Willow Growth Ventures and Springdale Ventures.
Hair and Scalp Line Jupiter Secures $3 Million Funding Round
The premium hair care line raised the capital in an extended seed round with participation from Willow Growth Ventures and Springdale Ventures.
Beauty
How Struggling Beauty Brands Can Course-Correct
A spate of shutterings, bankruptcies and layoffs are rocking the beauty industry. Going back to basics by not overcommitting to executive hires and over-the-top marketing campaigns may be the route out, experts say.
How Struggling Beauty Brands Can Course-Correct
A spate of shutterings, bankruptcies and layoffs are rocking the beauty industry. Going back to basics by not overcommitting to executive hires and over-the-top marketing campaigns may be the route out, experts say.
Luxury
Harry Styles Invests in S.S. Daley
The announcement came immediately after designer Steven Stokey-Daley’s show at Pitti Uomo.
Harry Styles Invests in S.S. Daley
The announcement came immediately after designer Steven Stokey-Daley’s show at Pitti Uomo.
The News in Brief
Under Armour Forecasts Steeper Annual Sales Decline
The athletic apparel maker is struggling with weak consumer demand amid macroeconomic uncertainty in its key North American market.
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Vogue World 2027 Will Be Held in San Francisco
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Sydney Towle, Influencer and Health Activist, Has Died
Towle, known for sharing her life as a young woman living with cancer, passed away aged 26 on Wednesday.
Ralph Lauren Beats Estimates on Demand From Affluent Shoppers
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins
The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs and currency-related costs offset sales gains.