Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
nfts
Technology
Digital Worlds Are the New Frontier in Fashion Storytelling
NFTs, video games and virtual experiences are giving fashion businesses new tools to build the fantasy around their brands and products.
Digital Worlds Are the New Frontier in Fashion Storytelling
NFTs, video games and virtual experiences are giving fashion businesses new tools to build the fantasy around their brands and products.
Technology
Learn from Natalie Massenet and Natasha Franck at The BoF Professional Summit
Join us on May 4, 2022 at The Times Center, New York.
Learn from Natalie Massenet and Natasha Franck at The BoF Professional Summit
Join us on May 4, 2022 at The Times Center, New York.
Technology
The New Creatives Bringing Fashion Brands Into the Virtual World
Their mix of technical expertise and digital artistry has put 3D creators, game designers and NFT experts in high demand among fashion brands as they venture further into virtual territories.
The New Creatives Bringing Fashion Brands Into the Virtual World
Their mix of technical expertise and digital artistry has put 3D creators, game designers and NFT experts in high demand among fashion brands as they venture further into virtual territories.
Technology
Nike and RTFKT Reveal Their First Virtual Sneakers
The shoes were unveiled after holders of the first co-branded NFT from the companies spent months solving elaborate riddles to unlock it.
Nike and RTFKT Reveal Their First Virtual Sneakers
The shoes were unveiled after holders of the first co-branded NFT from the companies spent months solving elaborate riddles to unlock it.
Technology
Hermès Considers Using the Metaverse for Communications
Hermès is considering using the metaverse for communications although the maker of Birkin bags and other luxury goods remains focused on craftsmanship, executive chairman Axel Dumas told shareholders on Wednesday.
Hermès Considers Using the Metaverse for Communications
Hermès is considering using the metaverse for communications although the maker of Birkin bags and other luxury goods remains focused on craftsmanship, executive chairman Axel Dumas told shareholders on Wednesday.
Technology
The CFDA Launches Metaverse Education Programme
The program aims to inform US fashion talent about the metaverse and web3, and connect CFDA members with tools and resources to launch their own projects.
The CFDA Launches Metaverse Education Programme
The program aims to inform US fashion talent about the metaverse and web3, and connect CFDA members with tools and resources to launch their own projects.
Technology
Can The Metaverse Transform Fashion Business Models?
There may be a better analogy than e-commerce to size up fashion’s metaverse opportunity: will it be more like streaming or 3D movies?
Can The Metaverse Transform Fashion Business Models?
There may be a better analogy than e-commerce to size up fashion’s metaverse opportunity: will it be more like streaming or 3D movies?
Technology
How Brands Are Using NFTs to Keep Customers Hooked
Brands like Adidas, Gucci and The Hundreds are finding the tokens are a great way to reward their superfans. But maintaining that loyalty can be hard work.
How Brands Are Using NFTs to Keep Customers Hooked
Brands like Adidas, Gucci and The Hundreds are finding the tokens are a great way to reward their superfans. But maintaining that loyalty can be hard work.
Technology
Lessons From Metaverse Fashion Week
Brands such as Tommy Hilfiger and Dolce & Gabbana were among those to test the virtual waters, encountering challenges like low-quality visuals as well as some opportunities.
Lessons From Metaverse Fashion Week
Brands such as Tommy Hilfiger and Dolce & Gabbana were among those to test the virtual waters, encountering challenges like low-quality visuals as well as some opportunities.
Technology
BoF Professional Summit: New Frontiers in Fashion and Technology Livestream
Join us today at 09:30 EDT to watch the livestream.
BoF Professional Summit: New Frontiers in Fashion and Technology Livestream
Join us today at 09:30 EDT to watch the livestream.
Luxury
Luxury Watch NFTs: Opportunity or Headache?
For high-end watchmakers, the metaverse comes with promise, as well as philosophical and legal challenges.
Luxury Watch NFTs: Opportunity or Headache?
For high-end watchmakers, the metaverse comes with promise, as well as philosophical and legal challenges.
Technology
What Digital IDs Can Do for Fashion
Proponents of the effort to give every item its own digital identity say they’ll unlock numerous benefits for brands and shoppers alike. But for these IDs to work will require overcoming some big obstacles first.
What Digital IDs Can Do for Fashion
Proponents of the effort to give every item its own digital identity say they’ll unlock numerous benefits for brands and shoppers alike. But for these IDs to work will require overcoming some big obstacles first.
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.