The most coveted open position in fashion has finally been filled. This week, Chanel announced that Bottega Veneta creative director Matthieu Blazy will be taking over as artistic director for the brand. The position was previously held by Virginie Viard, the protege of the late Karl Lagerfeld, but it has...
This week, we take a look at the looming TikTok ban, which looks likelier than ever now that three federal judges have ruled that the ban does not violate the First Amendment. Later, we talk about Coty securing the licensing deal to make Swarovski-branded fragrances and the growing appeal of...
On December 5, at a party held in Manhattan, Back Market debuted a new collection of tech-inspired wearable accessories called F/W 2005, designed in collaboration with Canadian artist and designer Gab Bois. The collection, up for sale on Back Market’s website, uses electronics sourced from Back Market to create hair...
This week, we talk about Nike shutting down its 2021 acquisition, NFT company RTFKT, as well as the current state of the much-diminished NFT market. Later, we discuss London Fashion Week’s decision to ban exotic skins and the results from Black Friday and Cyber Monday.
Xinjiang cotton and the use of forced labor is just one of many contentious issues that have arisen in the ongoing economic rivalry between the U.S. and China, two of the largest consumer markets in the world. Fashion brands often have large businesses in both markets, but increasing tensions between...
According to the digital wholesale marketplace Joor, the growth of the affordable luxury handbag sector is swiftly outpacing more expensive handbag categories. Affordable handbags in a casual tote silhouette, specifically, are outselling high-luxury bags, showing a clear shift over the last three years.
This week, we talk about the ongoing dominance of Abercrombie & Fitch and the continued drama between Boohoo and its minority owner Frasers Group. Later, we talk about the lawsuit between two influencers that raises some fascinating questions about the lawlessness of the creator economy.
URBN, the parent company of Urban Outfitters and Anthropologie, among other brands, announced a record earnings quarter this week. On Tuesday evening, the company posted a new high net income of $109 million for the third quarter. But it was at Nuuly, URBN’s rental business, which offers products from all...
President-elect Donald Trump has promised to be “the most pro-crypto president” to date and to create a Bitcoin stockpile for the U.S. What will it mean for fashion?