The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Chief executive Bjorn Gulden confirmed the release date of the long-awaited tie-up on an earnings call with media Friday morning.
Some of the products were teased at Jerry Lorenzo’s debut Fear of God runway show in April. Gulden told reporters that the collaboration — which comprises apparel, lifestyle sneakers and basketball footwear which will be worn by certain Adidas athletes in the NBA — had been received very well by retail partners and could “commercially be a game-changer for Adidas by 2024.”
While it is hoped that the collaboration will go some way to offsetting some of the damage caused by the loss of Adidas’ Yeezy business which came to account for seven percent of overall revenue, Gulden said in February that “there is no other Yeezy business out there in the market,” and the brand was not looking replace it with a singular partnership.
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Fear of God Celebrates Freedom and Elevated Basics at Debut Show
Designer Jerry Lorenzo unveiled his eighth collection at the Hollywood Bowl Wednesday, with looks from his long-awaited partnership with Adidas.
The company’s recent introduction of a marketplace model has led to a flood of listings for new, high-end goods by third-party sellers. Some brands aren’t happy, but there may not be much they can do.
A new study from Trove and Worldly found that if luxury and outdoor apparel brands can grow their resale offering to account for a quarter of total revenue, then they can substantially reduce carbon emissions. Fast fashion, not so much.
The US Federal Trade Commission filed a long-awaited antitrust lawsuit against Amazon on Tuesday, charging the online retailer with harming consumers through higher prices in the latest US government legal action aimed at breaking Big Tech’s dominance of the internet.
Malls across the US have been ‘flash robbed’ by groups of about 20 to 30 suspects stealing retail merchandise.