‘They just stopped paying’: Saks Fifth Avenue owes hundreds of thousands of dollars to dozens of brands Ryan Babenzien, the entrepreneur behind the men’s sneaker brand Greats and the shower head company Jolie, said he’s owed over $15,000 from Saks Fifth Avenue from an order the retailer placed last year. The product was delivered and sold to customers, but Jolie has yet to see a dime of...
Week in Review: Results from Adidas, Prada, Armani and Hugo Boss show the state of fashion’s finances This week, we take a look at the recent earnings reports from brands including Prada, Adidas, Armani and Hugo Boss to break down what’s happening in fashion financially. Some standouts include Miu Miu's amazing growth, inflation's pressure on luxury shoppers and Adidas’s recovery from the Yeezy debacle.
Why iconic LA retailer Fred Segal is shutting down: ‘Retail is one of the most difficult businesses there is’ The pressures from the pandemic never let up and forced the company to close its final stores when the business failed to recover.
Fashion Briefing: With the Hamptons overcrowded, Upstate New York is ripe for fashion retail There’s another New York City-adjacent destination besides the Hamptons that’s becoming a destination both for affluent travelers and the luxury and fashion brands looking to cater to them: Upstate.
Cosmetic chemist Javon Ford on his unorthodox career path Ford’s background in chemistry, working on making new formulations for cosmetics companies, has given him an in-depth knowledge of what goes into beauty and skin-care products. His videos involve him busting some of the most widespread myths in beauty and skin care and pointing out which ingredients are harmful and,...
The Paris Olympics are disrupting French brands’ wholesale plans Fashion brands from luxury to sportswear have capitalized on the Paris Olympics with campaigns and collections, hoping to benefit from the billions of people watching the games. But the Games have also proven to be a time of disruption. Not only are there unexpected events — like the sabotaging of...
Can LVMH take the Formula 1 sponsorship away from Rolex? If it were to happen, it would be a major coup for LVMH and Tag Heuer and a blow to Rolex, which has ridden the popularity of Formula 1 as it has exploded both in Europe and the rest of the world. Formula 1 viewership in the U.S. nearly quadrupled...
Week in Review: Fashion at the Olympics and new creative director departures This week, we take a look at the Paris Olympics, which begin Friday night, including some of our favorite (and least favorite) opening ceremony outfits and the many ways brands are getting in on the excitement. Later, we talk about the week's big creative director departures, including Peter Hawkings from...
Fashion Briefing: How Jenni Kayne’s new store concepts are driving its growth The 20-year-old brand, which Kayne founded as an apparel brand in California after dropping out of college, has grown into a lifestyle empire with womenswear, beauty and home goods and 29 U.S. stores. All of it lives under Pacific Group, the Kayne family-owned business formed in 2022 to encompass Jenni...