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.
After many months of virtual fashion weeks, the digital wholesale platform is expanding its schedule of omnichannel events this summer.
Through new partnerships, Joor will power Copenhagen International Fashion Fair’s virtual activities and spotlight sustainable brands at the physical site. The platform will also host two events and a series of webinars highlighting British brands with the UK Department for International Trade (UKDIT).
In coming months, Joor will also serve as the exclusive host of eleven fashion events including Veste Rio in partnership with Vogue Brazil, Splash Paris and Liberty Fairs.
“Joor is and has always been an omnichannel platform,” wrote chief executive Kristin Savilia in a statement. “We launched Joor Passport last year to support virtual shows and ensure business continuity for brands and retailers, and immediately saw strong adoption. We’ll continue supporting virtual shows in the future, and are also thrilled that brands and buyers are returning to the showroom.”
Designer brands including Gucci and Anya Hindmarch have been left millions of pounds out of pocket and some customers will not get refunds after the online fashion site collapsed owing more than £210m last month.
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.