Weekend Briefing: A look at American and European legislation aimed at slowing China’s growth Last week, a number of bills aimed at curtailing the growth of Chinese companies like Shein and TikTok were passed or proposed across the U.S. and Europe, but it's unclear if those measures will be successful or popular.
Week in Review: Talking fashion’s consolidation, the TikTok ban and Kate Middleton, with WSJ’s Sarah Ball On this week's Glossy Week in Review podcast, senior fashion reporter Danny Parisi and special guest co-host Sarah Ball, editor-in-chief of Wall Street Journal Magazine, discuss the consolidation in fashion, including the potential acquisitions by Tapestry of Capri Holdings and by LVMH of Paris Match. Later, they talk about the...
Leica’s new flagship store continues its evolution from photography icon to lifestyle brand On Thursday evening, the company hosted an event celebrating the grand opening of its newest flagship store, a two-story hub in NYC's Meatpacking District. The store, designed in monochrome shades of grey, pays homage to the black-and-white street photography of legendary New York photographers like Ralph Gibson and Bruce Gilden....
Luxury Briefing: Luxury resale is poised to receive billions in incentives from new legislation If passed, the bill could be among the largest pieces of legislation affecting the circular fashion economy. The luxury resale industry has been booming for years, relatively unabated through the pandemic years, even without any legislative help. In 2023, the global luxury resale market was worth nearly $40 billion with...
Matches Fashion’s shuttering doesn’t bode well for multibrand e-commerce Purchased for a bargain sum in December, it seemed like Matches was on its last legs even before the acquisition. And it’s clear from a new statement from Frasers that it found no plausible way to turn Matches around. More than half of the company's over 500 employees will be...
Weekend Briefing: Fashion companies’ growth is increasingly hard to predict Growth plans with specific revenue goals are a good way to instill confidence in investors, but it's increasingly hard to predict how the market will react over a longer period.
Week in Review: Paris Fashion Week recap, anti-fast-fashion legislation, Foot Locker’s poor showing This week, we talk about the Paris Fashion Week highlights, look at the proposed legislation in France and the U.S. targeting ultra-fast-fashion brands like Shein, and discuss Foot Locker’s poor performance last quarter and the implications for sneaker retail.
Abercrombie & Fitch aims to build on hot streak with new bridal shop The next big category expansion for Abercrombie & Fitch is bridal, a growing industry worth $61 billion globally according to Research and Markets. On Thursday, Abercrombie is launching the online A&F Wedding Shop featuring over 100 pieces including bridal dresses, bridesmaids dresses and apparel geared toward bachelorette parties and trips,...
The ‘Dune: Part Two’ brutalist sci-fi aesthetic is sweeping fashion The film’s oppressive visuals of desolate deserts, strange planets and alien cultures may seem like an odd source of fashion inspiration, but the film’s flowing, retro-futuristic costume designs have already proven inspirational. The same is true of the avant-garde outfits worn by the movie’s cast on the red carpet. Fashion...