Lanvin Group Annual Revenue Flat in 2023
The Business of Fashion
by Tiffany Ap
1d ago
Its main brand Lanvin fell by 7 percent year over year, weighing on the group’s results ..read more
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Oriflame Bonds Fall Further Into Distress as Profit Slides 84%
The Business of Fashion
by Bloomberg
1d ago
The weaker performance comes as Oriflame has been struggling with rising inflation and the impact of the war in Ukraine ..read more
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BuzzFeed Sells Complex for $108.6 Million
The Business of Fashion
by Diana Pearl
1d ago
Live commerce company Ntwrk is paying $108.6 million in cash for Complex, less than half of the $300 million BuzzFeed paid for it in 2021 ..read more
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How Pinterest’s ‘Inclusive AI’ Is Getting Users to Shop
The Business of Fashion
by Malique Morris
1d ago
The social-media giant is making it easier for users to find inspirational images of people with similar hair, skin and body types as them, helping it attract Gen-Z consumers who are using shopping features on the platform at a higher rate than any other group ..read more
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How Shein and Temu Are Upending the Global Air Cargo Industry
The Business of Fashion
by Reuters
1d ago
Shein and Temu’s growth is squeezing out space for other industries on air freighters, just as global firms are scrambling to find alternative logistics options due to the Red Sea disruptions ..read more
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How ‘Anti-Spas’ Sell Wellness to Men
The Business of Fashion
by Robert Cordero
1d ago
Remedy Place, a luxury social wellness club, has completely rebranded the spa experience with an eye on the male demographic. This year, the company has an ambitious plan to expand starting with its third and largest 7,400-square-foot club in New York’s SoHo neighbourhood this spring and an upcoming product line that brings self-care into the home ..read more
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Tomorrow Ltd Acquires Samuel Ross’ A-Cold-Wall
The Business of Fashion
by Daniel-Yaw Miller
1d ago
After buying out the designer’s stake, the London-based brand accelerator now owns 100 percent of the label ..read more
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Why It Feels Like Fashion Forgot About Black History Month
The Business of Fashion
by Sheena Butler-Young
1d ago
Slogan T-shirts, themed sneakers and marketing emails that mention the heritage celebration are rarer this year, as consumers grow tired of cash-in collections and corporate diversity efforts face a backlash. Some brands say they’re steering resources away from flashy gestures and towards more meaningful work ..read more
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Ozempic Hype House Backfires in WeightWatchers Brand Misstep
The Business of Fashion
by Bloomberg
2d ago
After three years of declining sales, WeightWatchers is struggling to stay relevant and has enlisted the help of social media influencers to push their new weight-loss drugs business ..read more
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Macy’s Faces Proxy Fight as Arkhouse Pushes for Board Seats
The Business of Fashion
by Reuters
2d ago
The push for board seats comes as the Bloomingdale’s parent struggles with weak demand as customers cut back spending due to elevated inflation and high borrowing costs ..read more
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