Fashion’s multi-brand retailers are under pressure with Canadian e-tailer Ssense the latest to feel the heat. Last month, the ailing Gen-Z favourite, once valued at more than $4 billion, said it was filing for bankruptcy protection, citing mounting debt amid changes to US trade policy, after creditors pushed for a sale. The news came just…
Please log in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties. Meesho, one of India’s largest e-tailers, has filed papers with local market regulators to launch an IPO later this year. The cheap and cheerful app aims to raise 42.5 billion rupees…
This summer, fashion’s marketing machine has had an unusual number of misfires. In just the span of a month, we’ve had: American Eagle’s “Sydney Sweeney Has Great Jeans” campaign, where the denim-clad actress’s ad nodding to her appearance was called out for having racist undertones. The brand defended its campaign, stating it “is and always…
German electricity consumer prices are set to ease next year due to a €6.5 billion ($7.55 billion) government subsidy to finance transmission costs, sources in the Economics Ministry said on Thursday. The aim is to soften the impact of network charges on electricity consumers, the sources said, adding that the ministry has introduced a draft…
The Hamptons — a splattering of ritzy beach towns at the east end of New York’s Long Island — have become the official centre of fashion’s race to the top this summer. According to Kate Bartlett, a Manhattan-based content creator and fashion student who has worked with brands including Ralph Lauren, Carolina Herrera and Mango,…
The Trump administration’s game of tariff red-light, green-light isn’t over yet. On Monday, US President Donald Trump issued an executive order once again pushing back duties scheduled to go into effect on Wednesday until Aug. 1. The move gives officials three more weeks to negotiate permanent agreements with a host of countries that were slapped…
Couture Comings and Goings What’s Happening: This Paris couture week will be defined by designer comings and goings. Gucci-bound Demna is slated to stage his final show for Kering stablemate Balenciaga on Wednesday afternoon, followed by Glenn Martens’ debut at OTB’s Margiela that evening. Up First: The week will get its unofficial start on Sunday…
Next week, Nike’s Jordan brand will release the Air Jordan 40, the latest model from the iconic basketball sneaker franchise originally introduced for Michael Jordan in 1985. While the shoe is designed with on-court performance at the forefront, it’s also meant to stand out beyond the hardwood, with a sleek look and design ethos that…
Back to school shopping is starting earlier and earlier, but we’re not going to make the case here that parents are stocking up for next fall even before classes have even let out in some districts. Our focus today is instead on brands that are in the thick of preparing for this important season, when…
Once the darling of the consumer goods market, the $441 billion global beauty industry is showing signs of cooling. For years, a seemingly limitless appetite for newness in beauty fuelled robust volume and even greater pricing growth — from 2022 to 2024, the sector grew 7 percent annually. Now, geopolitical and economic uncertainty, along with…