Those brands that make it through the industry’s implosion will need to find a better, more viable way of doing business. What are some of the solutions?
Those brands that make it through the industry’s implosion will need to find a better, more viable way of doing business. What are some of the solutions?
The cost of inventory that doesn’t sell is fashion’s biggest inefficiency. Experts share a better approach that brands of all sizes are putting into practice.
The cost of inventory that doesn’t sell is fashion’s biggest inefficiency. Experts share a better approach that brands of all sizes are putting into practice.
"The pandemic broke online shopping."
"Its 'Hands Off the Wheel' initiative proves that AI doesn’t have to replace employees."
"Its 'Hands Off the Wheel' initiative proves that AI doesn’t have to replace employees."
"It’s a sign of how important the Chinese luxury market has become."
"It’s a sign of how important the Chinese luxury market has become."
"Former Vogue editor Francesca Burns has spoken out against small sample sizes."
"Former Vogue editor Francesca Burns has spoken out against small sample sizes."
"A model, model advocate, and agency president weigh in."
"A model, model advocate, and agency president weigh in."
"Are flashy retail destinations now obsolete?"
"Is a future of size six models on runways a real possibility or a pipe dream?"
"Is a future of size six models on runways a real possibility or a pipe dream?"
"It requires identifying talent and arming them with resources to help them grow."
"It requires identifying talent and arming them with resources to help them grow."
"The brand’s Greek founder on sustainability, Santorini and small businesses."
"The brand’s Greek founder on sustainability, Santorini and small businesses."
"When does a model own her own image?"
The brand plans to buy back more than €800 million ($932 million) of stock, seeking to bolster investor confidence after a slide in its shares and the exit of an heir of the eyewear maker’s founder from his management roles.
Looking ahead, consumers surveyed by the Conference Board expressed negative sentiment towards future job and income prospects.
Leonardo Maria Del Vecchio is stepping down as chairman of the Ray-Ban brand and as chief strategy officer, the company said, after reports of tensions with CEO Francesco Milleri.
Canadian and US negotiators are working against an Aug. 19 deadline to avert 50 percent tariffs on Canadian goods. While discussions remain constructive, significant work is still required to resolve key trade disputes.
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
The move is the White House’s latest effort to restore Trump’s campaign vision of a near-global tariff after the US Supreme Court in February struck down his ‘reciprocal’ duties.
The move is the latest in an escalating the trade conflict between the two countries.
The UK has reaffirmed its commitment to ongoing US trade talks despite being affected by President Donald Trump’s global steel and aluminium tariffs.