Tiffany & Co. has been a major success for its new parent company, LVMH. But last week, some of its moves drew criticism. Elsewhere, layoffs continued to hit major fashion retailers, and the Swedish-American brand Blk Dnm announced it's rebranding as luxury — which may be a dangerous path to...
This week, we talk about Tiffany’s collaborations with Nike and the departure of its executive creative director Ruba Abu-Nimah. We also discuss Nike’s ongoing lawsuits with Lululemon and Bape, and the rising and falling of some major fashion brands based on the new Lyst Index.
Shining a light on the shifts in the market is Chrono24, a German marketplace that’s one of the leaders in secondhand watch sales. A year and a half after raising $108 million in seed funding and hiring an additional 100 new employees, the company has now eliminated 65 employees, mostly...
The Saks Fifth Avenue flagship in Manhattan hosted a swanky party featuring NBA player James Harden last week, in celebration of the company’s renewed commitment to the men’s business. The party commemorated the opening of the newly renovated men's section on the seventh floor, the addition of over 125 new...
In the last week, numerous Twitter users have described seeing Guy’s tweets incessantly promoted to their home page. Their posts usually describe him as “the menswear guy,” citing his threads on fast fashion, tailoring and the history of menswear trends.
After a hiring surge in 2021 and into 2022, multiple major industries, including fashion, are now facing huge waves of layoffs. Elsewhere, we look at luxury resilience, Gucci’s rabbit felt products and movement in Pacsun’s leadership.
This week, we talk about eBay investing in luxury resale company Cudoni, the viral looks from the Schiaparelli show and the expectations for the denim market, based on Levi’s earnings.
The company announced that, on January 23, it had taken a minority stake in the Canadian technical running brand Norda Run. The option was taken with the plan to gradually grow Zegna’s investment in the brand over the next nine years.
In Gap’s third-quarter 2022 earnings call, interim CEO Bobby Martin said that, while the market for women’s activewear had softened, Athleta had maintained modest positive growth of 6%. Martin attributed that growth to Athleta’s lifestyle and non-active products.