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.
The e-commerce giant will be an official partner of the annual event, which will be held in New York on Nov. 7.
“We are particularly excited to be partnering with Amazon Fashion, a global retailer and innovative brand builder with a continuous focus on reinventing the shopping experience,” said Steven Kolb, chief executive of The Council of Fashion Designers of America (CFDA), in a statement.
This marks Amazon’s latest foray into the fashion industry after the retailer opened its first brick-and-mortar clothing store — Amazon Style — in Los Angeles in May.
The awards will be co-hosted by designers Joseph Altuzarra, founder of his namesake label, Chloé creative director Gabriela Hearst, Aurora James, founder of luxury accessories brand Brother Vellies and Proenza Schouler designers Lazaro Hernandez and Jack McCollough.
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The activewear brand’s revenue rose 24 percent year-over-year to $2 billion, reflecting growth driven by China, a successful loyalty programme and new categories
In a post-Covid retail landscape where consumers are seduced by the convenience of e-commerce, brands are introducing technology in store in an attempt to replicate that ease.
A potential US debt default threatens to spoil a surprisingly strong run by major retailers, which are seeing resilient consumer spending.