The contemporary label is betting it can use its back-end logistics and wholesale relationships to accelerate Drake’s 15-year-old streetwear label while initiating a broader multi-brand platform for Vince.
Category: Fashion
Category Added in a WPeMatico Campaign
Nike on Pace for Worst Year Since Jordan’s 1993 Retirement
The company’s stock has plunged 39 percent this year as Nike’s sportswear division struggles to compete with challenges like On and Hoka.
Opinion: Luxury Should Embrace China’s Secondhand Boom
For fashion houses, ignoring Chinese shoppers’ shifting preference towards luxury resale would be a mistake, writes Bloomberg’s Juliana Liu.
Trump Administration Moves to Impose Over $100,000 Fee for H-1B Worker Visas
A BoF analysis previously found hundreds of workers employed by dozens of fashion and beauty companies use the visas for skilled workers.
Mall Brands Take the Stage as Abercrombie and Gap Report Earnings
Financial updates from the two retailers will show how well recent momentum is holding up as the mid-market apparel sector heads into the back-to-school season.
China’s New Tourist Obsession Is a 24-Hour Spa
For less than the cost of many hotels, sprawling bathhouses offer soaking pools, sleeping lounges, lobster buffets and TikTok-ready wellness.
Marquee Brands to Acquire Roots in Go-Private Deal
The brand management company will add the Canadian lifestyle label to a growing portfolio that includes Roberto Cavalli and BCBG.
Boohoo Fined $2.7 Million by French Watchdog Over Deceptive Discounts
Nearly half of the examined promotions were revealed to be price increases. The Debenhams-owned fast-fashion brand also used terms like ‘leather’ to sell synthetic products.
Can Estée Lauder Turn a Moment Into Momentum?
The US cosmetics giant’s stock lifted 17 percent on better-than-expected earnings, but faces challenges in its makeup and hair divisions.
Gen-Z Luxury Buyers Are Scanning Resale First, RealReal CEO Says
More than 80 percent of the company’s fastest-growing segment — Gen Z and Millennials — are scanning the secondary market before buying new items from luxury brands.