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.
As digital advertising costs climb, fashion brands are embracing events like in-store happy hours, trunk shows and parties in various formats to generate brand awareness and drive sales.
The activewear brand’s revenue rose 24 percent year-over-year to $2 billion, reflecting growth driven by China, a successful loyalty programme and new categories
In a post-Covid retail landscape where consumers are seduced by the convenience of e-commerce, brands are introducing technology in store in an attempt to replicate that ease.
A potential US debt default threatens to spoil a surprisingly strong run by major retailers, which are seeing resilient consumer spending.