Sycamore Said to Near Deal to Sell Boots
The private equity firm is nearing a deal, valued at $9 billion, to sell the UK health and beauty retail business to the Canadian branch of the billionaire Weston family, a source told Bloomberg.
streetwear
Beauty
Can Ferraris, A Private Jet and Four 20-Somethings Sell Fashion?
Kyra's 'Top Gear for fashion' shows are getting millennials to watch long-form content that's driving results for brand partners.
China
China’s Streetwear Empire Yoho! Raises $25 Million
C Ventures founders Adrian Cheng and Clive Ng led a Series E+ investment round in one of China’s most influential streetwear platforms.
Media
Men's Media Courts the Streetwear Crowd
Can publications keep up with a community that increasingly lives on forums and social media?
Media
The Rise of Drake’s OVO Label
The contemporary sportswear line, co-owned by Canadian rapper Drake and business partners Oliver El-Khatib and Noah "40" Shebib, is expected to reach $50 million in revenue this year.
Luxury
Virgil Abloh: ‘I Am Not a Designer’
The Off-White founder and Wizard of Oz fan isn’t just making clothes. He’s blazing his own Yellow Brick Road from nowheresville to the Emerald City of Paris and reprogramming Louis Vuitton in the process.
News & Analysis
Kith Announces Collaborations With Versace, Tommy Hilfiger, Greg Lauren and More
Ronnie Fieg is bringing a slate of nostalgia-tinged collaborations to his New York Fashion Week show.
News & Analysis
Can a Festival Help Zalando Build a Memorable Brand?
The former trade show-turned streetwear festival Bread & Butter is part of the German fashion e-commerce behemoth’s attempt to develop a more emotional connection with consumers.
Retail
With New London Store, Stüssy Flexes Its ‘Tribe’
The cult Californian streetwear label's decision to relaunch in London reflects its belief in community as much as its global retail strategy.
Luxury
Op-Ed | Whatever: How Fashion Lost Its Meaning
Fashion has entered a state of pure postmodernism where anything goes and nothing means anything anymore, argues Eugene Rabkin.
Luxury
Is Luxury’s Love Affair With ‘Drops’ More Than Marketing?
High-end brands are implementing Supreme-style ‘drops’ to better connect with young consumers who crave newness at the speed of Instagram.
News & Analysis
Hypebeast Shuts Down Its Kids Site
The vertical will live on through Facebook, Twitter and Instagram, where it has 95,800 followers.
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.
The News in Brief
Pandora Opens World’s Largest Jewellery Factory in Vietnam
The $150 million plant is the Danish jewellers first outside of Thailand, part of a bid to diversify its manufacturing footprint and boost supply-chain resilience.
Luca de Meo Says Italy Remains Key, Rules Out Production Shift
The Kering CEO also denied any interest in buying a minority stake in Armani, adding that the group was focusing on other challenges.
H&M, Adidas and Inditex Back New Effort to Address ‘Waste Colonialism’
The new initiative will explore how the industry can take responsibility for the millions of used and unsold garments exported to secondhand markets around the world.
Dyson’s $499 AI Toothbrush Sees Rocky Debut
The UK firm blamed a production error resulting in ‘water seepage’ for the disappearance of its newly launched camera-equipped toothbrush from stores.
Sephora to Launch at Marks & Spencer
‘Sephora at M&S’ will roll out in M&S stores and online starting next spring, with plans to expand to 100 locations by the end of 2028.
Novo Buys Rights to Early Obesity Pill For $2.6 Billion
The Wegovy maker has signed a deal to license an experimental obesity pill from China’s Jiangsu Hengrui Pharmaceuticals as it seeks to regain share of the global GLP-1 market.
Oura Delays US IPO
The smart ring maker said on Tuesday it has delayed its US initial public offering, citing market uncertainty.