Aritzia Seeks to More Than Double Sales by 2032
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia’s quest to hit $10.5 billion CAD ($7.5 billion).
trends
China
New Look Seeks Fashion Edge In China With Local Designs
The plan is to make most of the clothes in China to ensure they cater to local tastes and can get to stores quickly - a strategy similar to the one successfully pursued in Europe by Zara-owner Inditex.
Fashion Week
Op-Ed | The Rise of the Fashion Hipster
Catering to the fashion hipster — whose purchases are driven by irony, camp and insider humour — risks making promising brands the flavour of the day, argues Eugene Rabkin.
News & Analysis
Concert ‘Merch’ Comes of Age
As concert ‘merch’ becomes a more important part of their business models, pop stars like Justin Bieber, Kanye West and Rihanna are upping their game.
Retail
Reports of the Skinny Jean's Death Have Been Greatly Exaggerated
Leg-hugging denim remains the most popular style, and it's not going anywhere soon.
Fashion Week
Sportswear Is Officially Too Popular for Haute Couture to Ignore
Slowly, sporty garments crept onto men's and women's ready-to-wear runway shows, a trend powerful enough to go upstream rather than trickle down.
Retail
What Went Wrong at Prada and Fashion's Miserable Outlook for 2016
Collapsing demand in China, the strong dollar and the Paris terror attacks made 2015 a year to forget for the likes of Prada, Burberry and Cartier owner Richemont.
Global Markets
Inside the Economics of Your Underwear
Underwear is a $110 billion market. Which companies are most successfully getting into our bras and briefs?
News & Analysis
$400 Yoga Pants Are Just the Beginning
Feeding off the rise of workout gear that can be worn in or out of the gym, activewear labels have become status symbols, much like any other pricey designer clothes.
News & Analysis
Op-Ed | Nobody Knows Anything: Moving Beyond Fashion’s Closed Loop
In the Internet era, designers can be the architects of the conversation with the customer, putting them in control and freeing them from fashion’s closed loop of sameness, argues Lawrence Lenihan.
Technology
Bits & Bytes | Amazon Fashion, Gilt Groupe, Moda Operandi, Pinterest
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Technology
Bits & Bytes | Nasty Gal, Menswear, Wearables, Etsy
Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
The News in Brief
Pop Mart Quarterly Sales Fall Up to 50% as Labubu Fad Cools
Sales in the Americas fell 70 to 75 percent.
Zegna to Take Summer Fashion Show to Beijing
The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.
Beiersdorf Sales Slightly Miss Expectations on Nivea Weakness
The German consumer goods maker marginally missed market expectations for third-quarter sales growth on Tuesday, with its key Nivea brand posting a third straight quarterly sales decline.
Audemars Piguet to Certify Its Pre-Owned Watches Following Rolex
Whereas Rolex is both a buyer and seller of its second-hand watches through official retail partners, Audemars is setting up a marketplace where sellers set prices.
Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
Shein Agrees to Pay $100 Million to Settle US FTC Probe
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
Kering Drops 12% as Luxury Braces for Tough Winter
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.