LVMH Prize Names Finalists, Adds Phoebe Philo and Pharrell Williams to Jury
On Sept. 10 the eight designers will present their collections at the Louis Vuitton Foundation in Paris.
Kasper Rørsted
Adidas Plans to Still Use Yeezy Designs After Costly Divorce
The sportswear giant cut its profitability forecast for the fourth time this year as it continues to confront the fallout from its split with Ye.
Power Moves | Condé Nast Entertainment Hires President From Walt Disney Company, Gucci Global Head of Diversity Departs
This week, Condé Nast announced Agnes Chu will lead its entertainment division, while Renée Tirado left Gucci to launch her own consulting firm in New York.
Adidas Extends CEO Kasper Rorsted's Contract by Five Years
Rorsted, who has led the German sportswear retailer since 2016, will remain in the role until July 31, 2026.
Power Moves | YNAP CEO Joins Giorgio Armani Board, Coty Names New CEO
This week Federico Marchetti was appointed non-executive director to the luxury fashion house’s board, while Coty appoints Sue Y. Nabi as its chief executive.
Why Branding Matters Now More Than Ever
As the coronavirus crisis deepens, companies are slashing advertising budgets but branding never goes on pause, writes Doug Stephens of Retail Prophet.
Reebok Deepens Ties With Pyer Moss
The designer Kerby Jean-Raymond is extending his relationship with Reebok and announcing a new platform for innovative, fashion-forward projects that the sports brand will hopefully bring more relevance to its product offering.
Adidas Targets Customisation With In-Store Shoe Printing
The German sports apparel giant is accelerating the time it takes to bring a new shoe to the market from as long as 15 months to six months or less.
Sustainability Pioneer Stella McCartney to Receive BoF Global VOICES Award
As the world wakes up to ethical consumption, the sustainability pioneer — and pragmatist — has a blueprint for the future of sustainable fashion.
Adidas Beats Estimates as World Cup Drives Growth
Adidas saw double-digit growth in North America, Asia-Pacific, Latin America and Russia, with second-quarter revenue and profit beating analyst expectations.
Adidas Expects Record World Cup Jersey Sales
The German sportswear firm expects more than 8 million jerseys sold in 2018.
Adidas Plays Down Impact of World Cup on Sales
CEO Kasper Rorsted said the soccer competition was still very important for promoting the brand but had become less crucial for driving sales.
How Adidas Converted the Cool Kids
With a strategy rooted in speed, cities and open source, the German sportswear giant has won cultural cred, surpassing arch-rival Nike in the eyes of the young consumers who drive the sneaker market.
Company Snapshot
The newly appointed chief executive of Adidas Group is charged with reinvigorating Reebok, and continuing his strong track record at Adidas.
The News in Brief
Valentino’s Full-Year Sales Fall 3 Percent
The results help to explain owner Mayhoola’s decision to shake up the brand’s aesthetic direction by hiring former Gucci designer Alessandro Michele.
TikTok’s Crackdown on Ozempic Influencers Threatens Weight-Loss Drug Hype Machine
The social media platform will effectively ban most weight loss-related content from appearing on its app starting next month, according to a sweeping new set of community guidelines published on its website last week.
Vivienne Westwood’s Personal Wardrobe To Be Auctioned
A taffeta ball gown with the span of a light aircraft is one of the more magnificent items to go on sale at Christie’s in June as part of an auction of the personal wardrobe of Dame Vivienne Westwood.
Valentino Chairman Bets Quiet Luxury Is Over After Michele Hire
The fashion industry’s era of so-called quiet luxury is over and affluent consumers will want bold designs again, the chairman of Valentino has predicted.
Marcelo Burlon Steps Down as Creative Director of Namesake Brand
Burlon, a former DJ, stylist and PR, founded the Milan-based label as a T-shirt line in 2012, inspired by ‘90s club culture.
Designer Nancy Gonzalez Sentenced to 18 Months in Exotic Skin Smuggling Case
The Colombian designer, whose bags have been worn by celebrities and featured on shows like Sex and the City, previously pled guilty to illegally importing millions of dollars of crocodile and snakeskin handbags into the US.
The Wealthy are Less Willing to Spend on Sustainable Products
Millennial and Gen-Z respondents were among the most likely to pay a premium for environmental-friendly practices.