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Afterpay to spotlight emerging designers at NYFW

Afterpay, the leading player in the "Buy Now Pay Later" (BNPL) payments sector, has announced its latest venture as the title sponsor of New York Fashion Week: The Shows. NYFW: The Shows is a new space “built exclusively to showcase emerging designers who represent the future of fashion”. As the title sponsor of NYFW, Afterpay is offering its...

3 Feb 2023

Fairs

Indx Kids: Indie retailers upping children’s footwear presence

Indx returned for the tenth anniversary of its Indx Kids trade show, welcoming exhibitors that spanned both independent start-ups and major brands. The AW23 event took place over two days, from January 29 to 30, and was held in the organisation’s home base of Cranmore Park Conference & Event Centre in the West Midlands. The line up, curated by...

3 Feb 2023

PeopleFeatured

Paco Rabanne dies aged 88

Spanish-born designer Paco Rabanne is confirmed to have passed away at the age of 88 in Portsall, France. The news was announced in an Instagram post, on the account of the designer’s namesake brand. In the statement, the house said: “The House of Paco Rabanne wishes to honour our visionary designer and founder who passed away at the age of 88....

3 Feb 2023

Fashion

Outfitter Herno pledges to go fur free

Italian outerwear brand Herno has pledged to go fur free. In a statement on the company’s Twitter account, Herno said “in line with the stylistic choice already announced last year, Herno confirms that is has joined the Fur Free Retailer International Standard.” The collection exhibited at Pitti Uomo in January adhered to its new fur-free...

3 Feb 2023

Business

StockX debuts Authentication Center in Mexico

StockX, an online marketplace for buying and selling authentic sneakers, streetwear, and apparel, has announced the opening of its first authentication center in Mexico. StockX said the center will provide customers in Latin America with an enhanced and localized shopping experience, as it will allow more efficient verification of the...

3 Feb 2023

BusinessFeatured

Canada Goose lowers FY outlook as Mainland China dents Q3 earnings

Canada Goose has lowered its full-year guidance again after restrictions in Mainland China resulted in a small year-on-year drop in its most important quarter. The outerwear brand made revenue of 576.7 million Canadian dollars in the third quarter ended January 1, down 1.6 percent from the same quarter a year earlier. The company cited “worse...

3 Feb 2023

Fashion |Opinion Featured

Nike and Tiffany paring not so legendary, as collab faces backlash

Tiffany and Nike have launched a new collaboration. Not everyone is enthralled. LVMH has invested heavily in the marketing activations of Tiffany, the American jewellery business it acquired in 2021, in order to give it a modern and international allure. Tiffany’s Executive Vice President of Products and Communication, Alexandre Arnault, son of...

3 Feb 2023

Fashion Featured

Prada comes out on top in Lyst’s Q4 2022 report

The Lyst Index for Q4 of 2022 has arrived, and with it comes some significant shifts in shopper sentiments towards big name luxury brands. For one, Gucci, which was at the top for Q3, fell to second place, while the former occupier of the spot Prada went up to first. It comes as both companies experienced some significant changes in their...

3 Feb 2023

Fashion Featured

Stamm wins Zalando Sustainability Award for AW23

Copenhagen-based Stamm, founded by Elisabet Stamm, has won the AW23 Zalando Sustainability Award presented during Copenhagen Fashion Week. Stamm beat off tough competition from Ukrainian clothing brand TG Botanical and Swedish-based Selam Fessahaye to win the 20,000-euro cash prize and the chance to create an exclusive collection with e-tailer...

3 Feb 2023

Business

Superdry CEO denies plan to take company private

Julian Dunkerton, founder and chief executive officer of Superdry, has refuted claims that he is planning to take the company private. In a statement published by the London Stock Exchange, Dunkerton said that “while there has been speculation that he is considering taking Superdry private”, there were “no plans to do this at the moment”. The...

3 Feb 2023

Fashion |In Pictures

Ghost launches archive collection and extends sizes

Womenswear brand Ghost London has launched an archive collection to celebrate nearly 40 years of designs, introducing a curated range of the brand’s signature silhouettes, alongside extending the sizing at the brand to a UK 20. The Ghost Archive reinvents the womenswear label’s iconic satin range with a 21-piece collection of its bestselling...

3 Feb 2023

BusinessFeatured

Deckers Brands ups FY guidance on strong Q3

Deckers Brands has upped its full-year sales and profit outlook after reporting both top- and bottom-line growth in the third quarter of the year. The US company reported a 13.3 percent increase in Q3 sales to 1.188 billion dollars. On a constant currency basis, sales were up 17.5 percent. Breaking it down by channel, wholesale sales increased 8...

3 Feb 2023