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 jeans maker will launch over 100 limited denim-inspired items spanning kitchenware, apparel and pet accessories on the mass market retailer’s online channels beginning February 28, CNBC reported.
With apparel sales down and department stores struggling, the move sees Levi’s dip its toes into home goods while linking arms with a retailer that has fared comparatively well in the wake of Covid-19. Target, which has stayed open through lockdowns as an essential retailer, grew its online business significantly and saw its shares rise 64 percent during 2020.
The big-box retailer already has a number of designer collaborations in its books, including capsules with Rodarte, Jason Wu and Tory Burch. But Levi’s isn’t the only denim brand tapping into interiors: just this week, Wrangler announced a collaboration with Pottery Barn Teen featuring sheets, pillow cases and rugs.
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.