Allbirds’ Sales Dip Continues in 2024, Losses Narrow
Allbirds’ revenue dropped 28 percent year over year to $39 million in the first quarter of the year as demand for its sneakers remains weak, the company reported on Wednesday.
As Shanghai Fashion Week returns to business as usual, organisers and retailers in Tokyo and Seoul are turning their focus to homegrown talent.
Trade shows and showrooms in China were quick to trial digital platforms after the coronavirus forced the country into lockdown. Will Shanghai’s wholesale experiment be a viable model for the rest of us?
China Fashion Week in Beijing, though yet to confirm its change of plans, is expected to follow suit.
Shan Future Forum is driving the sustainability agenda in Shanghai alongside initiatives from Stella McCartney, Kering and Prada. But will China’s big industry players follow suit and take meaningful action in luxury’s biggest market?
The New York-based Chinese fashion designer and self-described ‘daily couturier’ was praised by jury members for her outstanding artistry and entrepreneurial potential.
With its growing network of trade shows, showrooms and B2B events, China’s leading fashion week has produced an influential group of power brokers at the ready-to-wear event. Read China Decoded to make sense of the market.
Six designer finalists will compete next month during Shanghai Fashion Week, with the winner gaining a cash prize of $100,000, BoF community mentorship and a show at London Fashion Week in September.
Armed with ground-breaking technology and valuable manufacturing knowhow, two Asian cities are positioning themselves as sustainable fashion hubs of the future. Read China Decoded to make sense of the market.
Chinese nationals with a ready-to-wear business will compete for the attention of jury members Pierre-Yves Roussel, Tim Blanks, Uma Wang and Victoria Beckham among others to win the first global fashion award dedicated to emerging Chinese design talent.
Chinese nationals with a ready-to-wear business will compete for the attention of jury members Pierre-Yves Roussel, Tim Blanks, Uma Wang and Victoria Beckham among others to win the first global fashion award dedicated to emerging Chinese design talent.
Fears over China’s slowing economic growth and grey market crackdown have sent luxury stocks tumbling, a 21-year-old vlogger was detained for a livestream, and Crazy Rich Asians is scheduled for nationwide release. Read China Decoded to make sense of the market.
Fears over China’s slowing economic growth and grey market crackdown have sent luxury stocks tumbling, a 21-year-old vlogger was detained for a livestream, and Crazy Rich Asians is scheduled for nationwide release. Read China Decoded to make sense of the market.
Executives from Tmall, Tencent, Gucci, Ermenegildo Zegna, Harrods and Bulgari gathered during Shanghai Fashion Week to debate hot-button issues at the BoF China Summit.
As the ecosystem around Shanghai Fashion Week matures, a young professional class of fashion upstarts are focused on finding new opportunities on and off the catwalk.
She has overseen the evolution of Shanghai Fashion Week into what is increasingly regarded as China’s most important fashion week by both Chinese and international commentators.
Allbirds’ revenue dropped 28 percent year over year to $39 million in the first quarter of the year as demand for its sneakers remains weak, the company reported on Wednesday.
After rallying more than 120 percent last year, Shopify shares have struggled this year after the company had projected higher operating costs than expected for this quarter.
The online fashion specialist said it had built up net debts of £95m in the year to the end of February – down from almost £6m of net cash a year before – after losses widened 76 percent to £160 million.
Levi notified a federal judge in Oakland, California on Tuesday that it was dismissing the case with prejudice, meaning it cannot be brought again. Settlement talks began shortly after Levi sued in January.
Demand for retro shoe styles such as 'terrace' has helped boost sales of sportswear brands like Puma and its rival Adidas at a time when the sector has been hit by weaker consumer demand and excess stocks.
Kenvue beat Wall Street estimates for first-quarter profit on Tuesday, and said it would cut 4% of its global workforce amid the Tylenol and Band-Aid maker’s efforts to expand its key brands.
Vhernier is small but Richemont has a history of turning small brands into success stories
The company has argued that the law will stifle free speech and hurt creators and small business owners who benefit economically from the platform.