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 retailer turned lifestyle brand Kith, which has grown popularity through multiple collaborations, will launch their flagship store on February 26. It will occupy three floors at the Golden Triangle at the Pershing Hall Building at 49 Rue Pierre Charron. Additionally, a new EU online webstore will be launched, which will have concentrated duty-free shipping costs.
To mark the launch of their largest store to date Kith collaborated with Air Force 1 to create an exclusive Air Force 1 inspired by the French flag to be sold at the Paris store.
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.