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.
Designer Telfar Clemens today launched his first sportswear range, the Liberia Collection, after debuting the pieces as the uniform for the Liberian team competing at the Olympic Games in Tokyo.
The designer, who was tapped to make the clothes after professional sprinter Emmanuel Matadi heard his wife talking about Telfar’s handbags, is selling a range of “genderless” performance pieces, including gown-length jerseys, deconstructed tracksuits, sarong bottoms and spliced tops. Designed in a neutral palette of navy, red, sand and white, the items feature hidden pockets, mesh paneling and nylon drawstring. Priced between $60 and $290, each piece is embroidered with the Liberian flag and “TC” logo.
Telfar has seen a steady rise over the past few years, thanks in larger part to its ‘Shopping Bags.’ Dubbed the ‘Bushwick Birkin,’ the vegan leather, tote-style bags have developed a cult-like following.
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.