If it were to happen, it would be a major coup for LVMH and Tag Heuer and a blow to Rolex, which has ridden the popularity of Formula 1 as it has exploded both in Europe and the rest of the world. Formula 1 viewership in the U.S. nearly quadrupled...
This week, we take a look at the Paris Olympics, which begin Friday night, including some of our favorite (and least favorite) opening ceremony outfits and the many ways brands are getting in on the excitement. Later, we talk about the week's big creative director departures, including Peter Hawkings from...
The 20-year-old brand, which Kayne founded as an apparel brand in California after dropping out of college, has grown into a lifestyle empire with womenswear, beauty and home goods and 29 U.S. stores. All of it lives under Pacific Group, the Kayne family-owned business formed in 2022 to encompass Jenni...
In this first installment, a second-time startup founder who just raised a funding round for a fashion-tech related startup dishes on some of insulting and traumatic experiences she had from her first go-round on the fundraising circuit as well as the pressure on first-time founders to accept money even if...
In the U.S., Prime Day sales were up 8% year-over-year on the second day of the event. But what's more notable was the 14% increase in discount rates, averaging 24% off. At the same time, there was a 14% increase in products' average selling price. Apparel was among the highest...
This week, we talk about the surprise sale of streetwear brand Supreme to luxury eyewear group EssilorLuxottica, which has no other apparel or fashion brands in its portfolio. Later, we talk about why Coperni is hosting its Paris Fashion Week show at Disneyland and how luxury brands including Balenciaga are...
According to Pacsun’s vp of women’s merchandising and design, Addie Rintel, Pacsun has been watching the meteoric rise of baggy denim with great intent. On Thursday, it announced an entire back-to-school campaign, called “Better in Baggy,” focused on oversized everything, including denim.
After Trump was shot at a rally in Pennsylvania, pollsters and media outlets predicted that the failed assassination would be a benefit to the Republicans during the upcoming election. Investors, predicting that another Trump presidency would be friendlier to business and likely come with deeper cost cuts, reacted accordingly. On...
Ten years in, Pair of Thieves does over $100 million in revenue and has a presence in over 4,000 Walmart stores and all of Target’s nearly 2,000 stores. Its wholesale revenue makes up about 80% of the business, and it has never taken any outside investment. Young brands often find...