Zara owner Inditex said its Spring/Summer 2023 collection flew off shelves over the last six weeks but shares in the world’s biggest fashion retailer fell after it flagged higher spending on technology and automation. Inditex has extended its lead over Swedish rival H&M, in part because of a less price-sensitive customer base. As the cost...Read More
Mar 14, 2023 Here’s our round-up of some of the best street style images from Lisbon Fashion Week shot by photographer Fabio Pereira. During this roundup, we captured brands such as Burberry, Prada, Off-White and more. See more at Pause. Read More
The company has emerged as a top player in digital fashion since its launch in 2020. Greenfield Capital, a Berlin-based fund focused primarily on early-stage crypto start-ups, led the round, with participation from Slow Ventures, Warner Music, The Artemis Fund, Red DAO and others. ”Digital fashion is something we have become extremely excited about as...Read More
The 2023 Oscar Awards brought an end to the 2023 awards season — and did so with a burst of glamour. Fashion commentator Melissa Rivers certainly thought so, given that stars “save what they feel is their best dress for the Oscars” and a return to formal dressing-up is already here — particularly seen in...Read More
The conventional wisdom around awards shows these days is that their importance as a cultural force is in possibly terminal decline. Last year’s Oscars had the second-lowest ratings ever, besting only the awkward mid-pandemic edition in 2021. Fashion brands still compete to dress the hottest celebrities, but to them the red carpet is just another...Read More
Powered By People, the Canadian wholesale marketplace that connects fashion, home goods and jewellery buyers in North America and Europe with small-batch producers in roughly 70 countries, has secured $13.6 million in new funding to scale its operations, expand its tech tools and deepen its relationship with African suppliers. The “blended financing” was the result...Read More
By all accounts, this was the best Chicago Collective ever, according to retail attendees. Perhaps Fred and Virginia of DLS buying office summed it up best: “The Chicago Collective had all the right brands, bringing the newest ideas to the best retailers. With the addition of 60+ Italian Trade Agency artisans, retailers got to appreciate...Read More
Fast-fashion retailer H&M has faced its fair share of accusations of ruining the planet by churning out tons of clothes that are worn once or twice and then discarded, only to end up in landfills. According to The Cut, a lawsuit last August “was filed in New York federal court…accusing it of “greenwashing,” or engaging...Read More
23rd February at 15:00 GMT / 10:00 EST Featuring Florian Heubrandner, vice president of global textiles business, Lenzing and Nina Marenzi, founder and director of The Sustainable Angle & Future Fabrics Expo, in conversation with BoF’s senior content strategist Alice Gividen. This #BoFLIVE is brought to you in partnership with Lenzing. To prepare for the...Read More
Billionaire Bernard Arnault’s LVMH lost the latest round in its court battle against French tax officials who raided the luxury-goods firm’s Paris headquarters to gather evidence for a case. France’s top court on Wednesday overturned a prior ruling that had deemed the 2019 inspections to be unjustified. The Cour de Cassation ordered the Paris court...Read More
