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.
Guess was called out on social media on March 27 for the similarities of its G-logo tote bag to independent designer Telfar Global’s famed shopping bags. Guess pulled the product on March 28 from its own channels, as well as retailers such as Macy’s and Hudson’s Bay.
Telfar Global founder Telfar Clemens has not commented.
Guess is the latest brand accused of copying independent designers as social media users and media outlets both directly compare garments, creating viral posts that lead, in some cases, to the withdrawal of the products.
Paper magazine first reported that Guess had pulled the item. “Signal Brands, [the handbag licensee of Guess, Inc.], does not wish to create any impediments to Telfar Global’s success and, as such, has independently decided to stop selling the G-logo totes,” the brand said in a statement.
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.
The rental platform saw its stock soar last week after predicting it would hit a key profitability metric this year. A new marketing push and more robust inventory are the key to unlocking elusive growth, CEO Jenn Hyman tells BoF.
Nordstrom, Tod’s and L’Occitane are all pushing for privatisation. Ultimately, their fate will not be determined by whether they are under the scrutiny of public investors.