Inside Zalando’s approach to circular fashion For many multi-brand retailers, transforming their business into a circular one has not even begun. Zalando is taking multiple steps with bold regenerative material initiatives, early adoption of a pre-owned section and a culture driven by solutions.
How The New Guards Group is redefining luxury From the latest work partnering with Farfetch on the online fashion company’s first brand of closet staples to supplying the market with streetwear brands that work for Gen Z, the New Guards Group is developing a new type of luxury brand.
Sales slow at Kering, with Gucci falling short of expectations On its earnings call on October 19, chief financial officer Jean-Marc Duplaix assured that Gucci’s prospects are stable, bolstered by the investment in the brand made this year and an expectation of increases in the next quarter. The brand has previously been growing at an accelerated pace, but growth has...
How fashion is still spreading misinformation around sustainability data A new report titled "Cotton: A Case Study in Misinformation" looks at debunking false claims present in the cotton industry, plus lays a roadmap for accurate data research and industry-wide data transparency. As the 2021 United Nations Climate Change Conference (COP26) comes around on October 31, there's increasing focus on...
What makes the D&G NFT different from the rest? Aiming to reset the brand image after a tumultuous couple of years following a number of contemptible statements made by the designers and a derogatory video of a Chinese model eating spaghetti with chopsticks aimed at the Chinese luxury market (now worth $290 billion), Dolce & Gabbana have come out...
LVMH reports strong growth in Q3, especially in fashion and leather goods In its earnings call on October 12, LVMH chief financial officer Jean Jacques Guiony spoke about Tiffany’s successful growth under its new owner and reported that the company's luxury fashion brands are performing very well across the board. LVMH acquired Tiffany & Co. in January this year. Across fashion and...
Paris Fashion Week Recap: Tributes for Alber Elbaz, the fourth wall at Balenciaga and mini-skirts at Miu Miu The first fashion week to ever be put in place, Paris Fashion Week has quite a reputation to get back to. Unlike the brands showing at other fashion weeks, the city’s mainstays -- Chanel, Louis Vuitton, Givenchy, Hermés, Dior, Saint Laurent -- have kept to the fashion week schedule, even...
How 3D digitized models are changing the fashion production game When it comes to samples, imagery and production, physical textiles have been the standard in fashion. This approach has led to large amounts of materials being wasted, with 25% of resources getting incinerated, down-cycled or dumped in supply chains globally according to a white paper by Reverse Resources. One of...
Inside the Glossy Summit: Fashion leaders share their biggest business challenge in the past year The pandemic has had a profound effect on the fashion and beauty industries. As people moved indoors and stores shuttered, 12,200 big and small stores closed in the U.S. alone last year, according to a compilation released by commercial real estate firm CoStar Group. The pandemic also accelerated the growth...