Business of Fashion

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Fashion

Louis Vuitton x Nike Air Force 1s designed by the late Virgil Abloh broke a Sotheby’s Auction Record

Virgil Abloh is gone, but far from forgotten.  Famed auction house Sotheby’s reports its auction of 200 Abloh-designed Louis Vuitton x Nike Air Force 1s sold for over eight times their original estimated value of $3 million, with the $25.3 million total sale breaking an industry record for a sneaker and fashion auction. Moreover, all of the proceeds will benefit the Virgil Abloh “Post-Modern” Scholarship Fund, created to encourage and […]

todayFebruary 16, 2022

Fashion

Tiffany & Co’s New Ad Campaign Sparks Backlash

This month, Tiffany & Co. pulled an Oldsmobile. In an effort to lure the Gen Z world to try and buy some of their wares, the luxury jewelry brand rolled out a campaign called “Not Your Mother’s Tiffany”—and some of the "mothers" it alluded to were less than thrilled. The campaign’s multiple videos, running on Instagram and Twitter, feature posters of young, edgy-looking models—coupled with the bolded words “Not Your […]

todayAugust 3, 2021

Fashion

Sephora and Ulta partner with Kohl’s and Target to try and overcome pandemic recession

Sephora will open hundreds of beauty shops inside Kohl’s stores in coming years in a deal that rivals Target’s recent partnership with Ulta Beauty. Some 200 Sephora at Kohl’s locations will open by next fall, rising to at least 850 sites by 2023, the companies announced Tuesday. Sephora will also launch on Kohl’s website next year, offering more than 100 beauty brands, some of which are exclusive to Sephora. The […]

todayDecember 10, 2020

Fashion

J.Crew Names New CEO

"Finally" was a common sentiment when J.Crew Group named former Victoria's Secret executive Jan Singer CEO in February of this year. The long-struggling retailer hadn't had someone in that position for over a year at that point and was in need of leadership. But only 10 months later, Singer is out, having "elected to pursue other endeavors," according to a press release. This time, though, J.Crew won't be operating without a […]

todayNovember 30, 2020

Fashion

Kanye West signs 10-Year Deal with The Gap

Kanye West has long been open about his desire to make clothing for the masses, and now it seems like he's getting a real chance to do just that. On Thursday, West inked a 10-year deal with Gap to produce a new clothing line called "Yeezy Gap," which will be introduced in stores in 2021. The line is expected to sell for typical Gap prices of less than $100 per […]

todayJune 30, 2020

Fashion

Diane Von Furstenberg faces major Layoffs due to Coronavirus

Diane von Fürstenberg's namesake fashion brand is facing major setbacks amid the novel coronavirus (COVID-19). The beloved New York-based label has laid off 75 percent of its 400-person staff and is set to close 18 of its 19 retail stores. Its new focus will be centered on a "digital-only, China-focused" business model, according Business of Fashion's latest report. The news comes after several rounds of restructuring within the company and years […]

todayJune 24, 2020

Fashion

At Tom Ford’s LA Pre-Oscars Fashion Show, it was all about Celebrities, Hadids, Glitz, Glam and Sexy Sheers

The star power was truly off the charts at Ford's pre-Oscars Fall 2020 event in Los Angeles last week.  In the lead-up to New York Fashion Week, many opinions were shared about the fact that Tom Ford, chairman of New York fashion's governing body, the CFDA, would be showing his Fall 2020 collection in his home base of Los Angeles — on NYFW's first official day, no less. "Did Tom […]

todayFebruary 10, 2020

Fashion

Lagerfeld’s Legacy: Viard and Pfrunder to Helm Chanel

It’s been a month since fashion icon Karl Lagerfeld passed away, leaving behind his legacy at Chanel and Fendi, his cat Choupette, and plenty of quotesto remember him by. Now, after originally announcing that Lagerfeld’s right-hand person and studio chief, Virginie Viard, would continue his work, Chanel has clarified who will lead the brand creatively, and it turns out that Viard will have some help.   Not only will Viard […]

todayApril 20, 2019

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