L’Oréal Joins Forces With Nykaa to Invest in Indian Beauty Brands
BOLD, the French conglomerate’s venture capital fund, will collaborate with retailer Nykaa to invest in the next generation of Indian beauty brands.
retail / Streetwear
Retail
Why Vince and Authentic Brands Group Bought a Stake in Drake’s OVO
The contemporary label is betting it can use its back-end logistics and wholesale relationships to accelerate Drake’s 15-year-old streetwear label while initiating a broader multi-brand platform for Vince.
Retail
Streetwear’s First IPO, Explained
Human Made shares begin trading in Tokyo on Thursday, a milestone in streetwear’s evolution from a subcultural fashion trend to a mature fashion category.
Retail
Stone Island’s CEO Details New Store Design and Expansion Plans
The luxury Italian sportswear label is revamping stores in key US cities, as it looks to return to growth.
Retail
Exclusive: The North Face Unveils First Aimé Leon Dore Collaboration
Aimé Leon Dore’s founder Teddy Santis details what he hopes to be a recurring collaboration with The North Face, which is aspiring to lean further into lifestyle apparel as it seeks to double its revenue.
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Sports
Skate Sneakers Are Catching Air Again
Despite sluggish sales in recent years, skate sneakers are finding momentum again as a value-priced option fuelled by innovative designs.
Retail
Sneaker Resale Isn’t the Business It Used To Be
Premiums are down across the board and the top brands in footwear are just getting back to being interesting again. Here's how resellers are navigating these new, murky waters.
Retail
Exclusive: G-Star Raw Names the Designers of Botter Co-Creative Directors
Rushemy Botter and Lisi Herrebrugh, the creative duo behind the Carribean-inspired luxury line Botter, will unveil their debut collection for the Dutch raw denim brand in January.
Retail
Exclusive: Rowing Blazers’ Founder Jack Carlson Exits the Brand
He’s leaving a little over a year after selling a majority stake in the prep-meets-streetwear label to Burch Creative Capital.
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Retail
Can Streetwear Still Be Political?
At a moment when attacks on DEI and immigrants have become widespread, streetwear brands founded on celebrating racial or ethnic identities are persevering.
Retail
How BAPE Kept Its Cool for Decades
By staying true to its DNA, A Bathing Ape has managed to maintain its pull on shoppers even as it’s evolved from a cult streetwear label into a mainstream brand with a global footprint. Now it’s eyeing expansion in the US.
Retail
Can L Catterton Scale Kapital Without Sacrificing Its Soul?
The cult Japanese label known for craftsmanship and individuality is an unprecedented M&A target that presents unique challenges and opportunities for growth.
Retail
Why Are Sneaker Collaborations So Boring?
Sneaker giants often have a ‘cheat code’ for tie-ups with indie designers, insiders say, reflecting a lack of innovation among legacy players in the industry.
The News in Brief
Private Equity Firm Inflexion Invests in Manucurist
The European investor, which previously backed Medik8, has taken a 49 percent stake in the premium French nail line.
H&M Profit Rises on Tariff Refunds as Sales Remain Sluggish
US tariff refunds drove an increase operating profit, even as the fast-fashion retailer has struggled to deliver consistent sales growth.
Arnault Clan to Change LVMH Holding Structure to Ensure Control
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
JD Sports Says Nike Turnaround Is Only a Matter of Time
Dominic Platt, chief financial officer of the British sportswear retailer, told Reuters, ‘Much as there's a lot of talk about Nike, it's still the most popular brand out there and it's still a very strong brand.’
Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Meta Expected to Unveil Smart Glasses Without Camera
Smart glasses have become a target of criticism in recent months amid growing concerns they can be used to record people without their consent.
Record Global Fibre Production Pushes Fashion’s Environmental Footprint Higher
Planet-warming emissions associated with the raw materials used to make fashion, footwear and home textiles have risen 30 percent since 2019, according to a new report.