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 shapewear, intimates and loungewear label has recruited Robert Norton, formerly president of Moncler Americas, to the newly created role, the company confirmed in a LinkedIn post Monday.
The news of Norton’s appointment was first reported by Women’s Wear Daily.
The veteran fashion executive had held his post at Moncler since 2017, and prior to that, worked as Roberto Cavalli’s chief executive of the Americas.
Last year, Skims was valued at $3.2 billion following a Series B raise of $240 million, while the brand passed $475 million in revenue for 2022.
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The Strategy Behind Skims’ Viral White Lotus Campaign
The brand’s latest celebrity-fronted ad serves as another example of how it is wielding star power beyond its famous founder.
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.