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 big-box retailer announced Monday that it had tapped four designers — Comey and Liang, as well as Victor Glemaud and Nili Lotan — for its fall collection, which will debut in stores and online in September.
Comey, Liang, Glemaud and Lotan have collectively designed 180 items, most of which will sell for under $50. Comey designed denim handbags and leather blouses while Liang made smocked dresses and patchwork fleece. Glemaud’s designs include colour-blocking statement items and Lotan’s designs include outerwear and slip dresses.
Target’s fashion collaborations are highly anticipated, as they offer access to a designer’s pieces at a mass-market price point. Previous brands who’ve worked with Target include Christopher John Rogers, Thakoon, Rodarte, Jason Wu and Lilly Pulitzer
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High-Low Collaborations Democratised Fashion. But What Did They Do For the Designers?
Target gave independent brands the opportunity to make some money and gain exposure. In the long term, however, the cheap-chic retailer is the real winner.
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.