Weekend Briefing: Does Authentic Brands Group have the juice to compete in luxury? Last week, the Forever 21 x Barneys collaboration was unveiled, begging the question of whether parent company Authentic Brands Group has a portfolio that can hold up to its luxury ambitions. Meanwhile, NYFW kicked off, and John Varvatos joined Under Armour as chief design officer.
Fashion Briefing: This season, NYFW is a launching — and relaunching — point for brands New York Fashion Week kicked off on Friday. This season, it features many of the mainstays including Cinq à Sept, Helmut Lang, Proenza Schouler and Tibi. But it's also hosting brands, both old and new, that are making their fashion week debut.
Draper James is the latest DTC brand acquired as the sector consolidates The consolidation in the apparel retail market continued this week as Draper James, the lifestyle brand founded by actress Reese Witherspoon, was acquired by Consortium Brand Partners.
Is Tom Brady’s apparel brand struggling? In January, Jens Grede, the co-founder of Tom Brady’s athleticwear brand Brady, said the brand had the potential to challenge major players like Nike and Adidas. But eight months later, Brady has slowed the cadence of new releases and pulled back from much social media promotion, indicating a quieter period...
Weekend Briefing: Tremaine Emory’s exit puts pressure on Supreme Last week, a fiery end to Tremaine Emory’s tenure at Supreme put the brand on blast. Elsewhere, Meta mulls letting E.U. customers pay to avoid ads, and Kering’s Françoise-Henri Pinault nears a deal to acquire CAA.
Week in Review: Kylie Jenner’s potential new brand, Rolex’s Bucherer acquisition, Lanvin’s struggles This week, we discuss the rumor that Kylie Jenner is allegedly planning to launch a “quiet luxury” brand with Jens and Emma Grede, the executives behind other brands in the Kardashian universe including Skims and Good American. Later, we talk Rolex buying Bucherer and the troubles facing Lanvin.
Brilliant Earth opens another 3 stores, this time in shopping malls All three are located in shopping malls, a first for the brand. One store opened in Roosevelt Field Mall in New York on August 24, another opened in Pennsylvania's King of Prussia on Thursday, and the final one will soon open in Roseville Galleria in California. All are traditional indoor...
Cucinelli’s skyrocketing growth shows quiet luxury is here to stay Brunello Cucinelli has become a poster child for "quiet luxury." And according to Cucinelli’s most recent earnings report, released on Tuesday, the consumer desire for quiet luxury has remained strong. Its profits were up 31.9% in the first half of 2023, and it's now expecting a 10% increase in sales...
‘People are tired’: Fashion brands are lowering prices to bring back price-conscious consumers Wray Serna, the designer and founder of her eponymous brand Wray, said she’s lowered the prices of all the goods at her brand by 15-20% in the last month.