Who What Wear digital fashion brand acquired by Future Publishing
Women’s fashion and lifestyle brand Who What Wear has been acquired by digital brand company Future Publishing.
Gucci to accept cryptocurrencies in select US stores
Gucci is gearing up to accept payments in cryptocurrencies in US stores, according to a report published by Bloomberg. The Kering-owned brand’s New York, Los Angeles, Miami, Atlanta and Las Vegas stores will adopt digital tokens from the end of the month.
Lotte Duty Free opens first store in Sydney; resumes plans for global expansion
Lotte Duty Free has opened its first store in Sydney, Australia, which marks the company resuming plans for global expansion, according to Forbes.
Premium fashion website Net-a-Porter joins forces with online fine art platform AP8
Net-a-Porter is dipping its toe in the fine art world via a partnership with online platform AP8, with art being sold via Net’s homeware category beginning 2nd May, according to WWD.com.
Shiseido collaborates with Emirati Designer Yasmin Al Mulla
Shiseido Middle East has entered into a long-term strategic partnership with Emirati Designer Yasmin Al Mulla, which aims to bolster the position of Shiseido’s premium skincare collection, Future Solution LX, according to About Her.
Farfetch expands into beauty space
Farfetch has announced its launch into the beauty category across its companies, Browns, farfetch.com and Off-White.
Macy’s appoints Marie Chandoha and Jill Granoff to its Board
Macy’s has announced the appointment of Marie Chandoha and Jill Granoff to its Board of Directors, effective immediately.
Estee Lauder named as exclusive beauty partner for Decentraland’s metaverse fashion week
Estee Lauder was named as the exclusive beauty brand participating in Decentraland’s Metaverse Fashion Week.
Decentraland debuts virtual fashion week
Decentraland has launched what it is claiming to be the first fashion week to be held in the metaverse. The virtual reality platform will showcase new clothing collections from assorted brands this week, according to a report published by Dezeen.com.
Neiman Marcus publishes first ESG report
Neiman Marcus Group has published its first Environmental Social Governance Report, titled, Our Journey to Revolutionize Impact. The paper outlines the department store chain’s 2025 ESG strategy and shares progress to date.
Nordstrom Q4 sales and earnings in line with fiscal 2021 outlook
Fashion and beauty retailer Nordstrom has reported a Q4 net sales increase of 23 percent versus the same period in fiscal 2020 and a 1 percent decrease versus the same period in fiscal 2019.
Balenciaga Creative Director Demna Gvasalia showcases support for Ukraine at the brand’s winter show in Paris
Balenciaga Creative Director Demna Gvasalia has thrown the spotlight on Ukraine at the brand’s Autumn/Winter show at Paris Fashion Week.
Zalando hails ‘exceptional’ FY2021 as revenue grows 29.7 percent
Zalando has reported ‘exceptional’ full-year results for fiscal 2021 with growth ‘significantly faster’ than expected.
Farfetch to acquire e-commerce beauty site Violet Grey
Luxury fashion site Farfetch is set to acquire beauty e-commerce site Violet Grey for an undisclosed sum.
H&M fiscal 2021: 6 percent sales rise takes fashion retailer back to pre-pandemic levels
Hennes & Mauritz has reported its results for fiscal 2021. The high street fashion chain saw sales rise 12 percent in local currencies (+6 percent in SEK) to hit SEK198,967 million thanks to a storming fourth quarter which saw sales return to pre-pandemic levels.
Marks & Spencer launches into live shopping arena
M&S has announced the launch of Live Shopping on its website, offering customers a new way to find inspiration and shop with the retailer and tapping into the growing livestreaming trend, which is expected to account for 10 to 20 percent of global e-commerce by 2026.
Hermès beauty names Gregoris Pyrpylis as new Creative Director
Hermès beauty has named Gregoris Pyrpylis as its new Creative Director, according to WWD.com.
Share price rise shows wide support for Kohl’s takeover
Kohl’s share price leapt 36 percent yesterday after reports that the department store chain has received a takeover bid from Sycamore Partners, according to a report published by Reuters.
Macron heaps praise on French fashion
French President Emmanuel Macron has emphasized the importance of the French fashion industry to the country’s economy, according to a report published by Reuters.
Would you let an algorithm dress you? Enter Amazon Style
Amazon has announced that it is poised to open its first physical apparel store later this year at The Americana at Brand, Los Angeles. The space promises to revolutionise shopping for clothes, harnessing the e-commerce behemoth’s technology and operations wizardry.
British Vogue’s All-African cover hits news stands
British Vogue’s February issue hits news stands today with a cover described as ‘momentous’. The Conde Nast-owned title is celebrating African beauty with nine models descended from the continent, pictured together and separately.
Claire’s names new President for Europe region
Claire’s has named Richard Flint as President of Europe, where he will lead the brand’s business on the continent, focusing on growth across channels in the European market.
Charles & Keith opens concept store at Kaohsiung E Sky Mall
Charles & Keith has cut the ribbon on a concept store at Kaohsiung E Sky Mall. The new space is the brand’s third such boutique to open across the globe since October.
L’Occitane Group venture capital firm invests in digital-native French lingerie brand Lolo Paris
L’Occitane Group’s venture capital firm Obratori has invested in Lolo Paris, a French digital-native lingerie brand, according to WWD.com
Louis Vuitton appoints Youssef Marquis as Fashion Communications Director
Louis Vuitton has named Youssef Marquis as its new Fashion Communication Director.
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