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 wholesale platform will offer 25 founders free access for a year, along with consulting on best practices for selling collections to retailers and managing orders. Joor will spotlight the brands, which include Sergio Hudson and Kimberly Goldson, on its platform starting February 22.
The brands were selected by RaiseFashion, a mentorship organisation founded last year by industry leaders and professionals, with Harlem’s Fashion Row, Brandice Daniel’s multi-pronged organisation that supports underrepresented designers.
“This dual approach of providing both business mentorship combined with visibility to prospective retailers is key to RaiseFashion’s goal of improving the representation of Black-owned brands and ensuring these businesses are empowered to succeed,” said the organisation in a statement.
Every six months, a new group of up to 25 designers will be chosen to participate in the Joor program.
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.