L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
nfts
Technology
Fashion’s Metaverse Reality Check
The marketing value of digital fashion and NFTs may now be clear, but fashion brands will need to separate hype from the concrete opportunities to generate sustainable revenue streams from the metaverse.
Fashion’s Metaverse Reality Check
The marketing value of digital fashion and NFTs may now be clear, but fashion brands will need to separate hype from the concrete opportunities to generate sustainable revenue streams from the metaverse.
Technology
Why Fashion Hasn’t Given Up on Crypto
Some see the crypto downturn as a way to weed out weak projects, chase away the speculators and clear the way for builders who see web3’s long-term value.
Why Fashion Hasn’t Given Up on Crypto
Some see the crypto downturn as a way to weed out weak projects, chase away the speculators and clear the way for builders who see web3’s long-term value.
Beauty
We Don’t Need Beauty in the Metaverse — Yet
Beauty brands have a natural edge on TikTok and YouTube, but are lagging the fashion industry in making a splash in the virtual world. Without the logos and distinctive characteristics of apparel and accessories, it’s unclear how skin care, makeup and fragrance will establish a presence and a purpose in web3.
We Don’t Need Beauty in the Metaverse — Yet
Beauty brands have a natural edge on TikTok and YouTube, but are lagging the fashion industry in making a splash in the virtual world. Without the logos and distinctive characteristics of apparel and accessories, it’s unclear how skin care, makeup and fragrance will establish a presence and a purpose in web3.
Workplace & Talent
How Alo Yoga Plans to Pay Its Employees in Crypto
Alo Yoga, a yoga-wear and accessories brand, is allowing its corporate employees to convert part or all of their checks to crypto and will accept the currency on its e-commerce site, too.
How Alo Yoga Plans to Pay Its Employees in Crypto
Alo Yoga, a yoga-wear and accessories brand, is allowing its corporate employees to convert part or all of their checks to crypto and will accept the currency on its e-commerce site, too.
Luxury
For Luxury Brands, ‘More of the Same’ Doesn’t Cut It Anymore
This week, everyone will be talking about the men’s shows in Milan and Paris, plus a big NFT conference in New York.
For Luxury Brands, ‘More of the Same’ Doesn’t Cut It Anymore
This week, everyone will be talking about the men’s shows in Milan and Paris, plus a big NFT conference in New York.
Technology
Where Fashion-Tech Investors Are Putting Their Money
Capital is flowing into technologies that make fashion commerce more nimble, more sustainable and more engaging to shoppers — and, of course, the metaverse.
Where Fashion-Tech Investors Are Putting Their Money
Capital is flowing into technologies that make fashion commerce more nimble, more sustainable and more engaging to shoppers — and, of course, the metaverse.
Technology
How the Smart Money in Fashion Is Thinking About Web3
Investors with track records of predicting where fashion is headed have their own ideas of where the big opportunities lie in web3.
How the Smart Money in Fashion Is Thinking About Web3
Investors with track records of predicting where fashion is headed have their own ideas of where the big opportunities lie in web3.
Retail
StockX Denies Nike’s Accusations That It Sells Counterfeit Shoes
In a court filing, the company said its authenticators use their own knowledge along with the company’s own artificial intelligence-based technology to ensure all products sold on the site are real.
StockX Denies Nike’s Accusations That It Sells Counterfeit Shoes
In a court filing, the company said its authenticators use their own knowledge along with the company’s own artificial intelligence-based technology to ensure all products sold on the site are real.
Beauty
Beauty’s Place in the Metaverse
Across the industry, brands are experimenting in the metaverse by launching NFTs, digital storefronts and virtual products for avatars in worlds like Decentraland and Roblox.
Beauty’s Place in the Metaverse
Across the industry, brands are experimenting in the metaverse by launching NFTs, digital storefronts and virtual products for avatars in worlds like Decentraland and Roblox.
Technology
In Web3’s Wild West, Offence or Defence?
This week, Nike escalated its legal battle with StockX over digital IP, but as brand managers gear up for the next phase of the internet, the best defence is likely to be a strong offence.
In Web3’s Wild West, Offence or Defence?
This week, Nike escalated its legal battle with StockX over digital IP, but as brand managers gear up for the next phase of the internet, the best defence is likely to be a strong offence.
Technology
What Fashion Needs to Know About the NFT Market Rollercoaster
NFTs right now look both like an opportunity fashion brands are just starting to tap and a short-lived fad already entering terminal decline. Which is it?
What Fashion Needs to Know About the NFT Market Rollercoaster
NFTs right now look both like an opportunity fashion brands are just starting to tap and a short-lived fad already entering terminal decline. Which is it?
Retail
Nike Escalates Feud with StockX, Says Site is Selling Fake Shoes
The world’s largest athletic-wear maker asked a federal judge to let it add claims of counterfeiting and false advertising to the current trademark-infringement lawsuit against StockX.
Nike Escalates Feud with StockX, Says Site is Selling Fake Shoes
The world’s largest athletic-wear maker asked a federal judge to let it add claims of counterfeiting and false advertising to the current trademark-infringement lawsuit against StockX.
The News in Brief
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.
Kevin.Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.