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.
After banning exotic skins on its platform for the Spring/Summer 2021 season, the luxury e-commerce player said it will no longer offer products made using animal fur from November 2021.
Mytheresa joins a growing list of brands and retailers that have dropped or are phasing out fur, including Neiman Marcus, Net-a-Porter, Canada Goose and Balenciaga. The company aims to phase out its existing inventory of products containing fur by the end of 2022. It will continue to carry products made from leather, shearling, sheepskin and calf hair.
Learn more:
The Future of the Fur Industry
The Covid-19 crisis further hammered a category already in steep decline. Yet fur sellers are positive about the sector’s outlook. Should they be?
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.
The company is in talks with potential investors after filing for insolvency in Europe and closing its US stores. Insiders say efforts to restore the brand to its 1980s heyday clashed with its owners’ desire to quickly juice sales in order to attract a buyer.
The humble trainer, once the reserve of football fans, Britpop kids and the odd skateboarder, has become as ubiquitous as battered Converse All Stars in the 00s indie sleaze years.
Manhattanites had little love for the $25 billion megaproject when it opened five years ago (the pandemic lockdowns didn't help, either). But a constantly shifting mix of stores, restaurants and experiences is now drawing large numbers of both locals and tourists.