LVMH's Bernard Arnault

Technology

Live Stream Shopping Startup Bambuser Gets LVMH Innovation Prize

Bambuser, a startup specializing in live stream shopping, won the LVMH innovation award.

clock 21hMimosa Spencer

Retail

EXCLUSIVE: Pandemic Delays Opening of Mexico’s Largest Luxury Mall

The Grand Outlet Riviera Maya is set to measure almost 1 million square feet of mixed retail, restaurant and entertainment space.

clock June 18, 2021Ivan Castano

An image from the Great Britain and Ireland campaign, featuring Johnstons of Elgin.

Government and Trade

British Luxury Lobby Welcomes Airbus-Boeing Truce, End to 25% Tariffs

British luxury makers, who were caught in the crossfire of a 17-year WTO dispute about large civil aircraft production, are relieved that punitive tariffs on British luxury exports to the U.S. have been canceled.

clock June 18, 2021Samantha Conti

The Supreme/Emilio Pucci capsule collection dropping on June 10.

Mergers and Acquisitions

LVMH Takes Full Control of Emilio Pucci

The family sold its remaining stake and Laudomia Pucci will dedicate herself to archives and heritage promotion.

clock June 18, 2021Miles Socha

Businesspeople walking at modern office. Group of business employees at coworking center. Motion blur. Concept work process. Wide image

Business Features

Tracking Fashion’s Diversity: What the 20 Biggest Apparel Companies Have Done Since the Black Squares

WWD checks in on whether fashion’s 20 most valuable companies are keeping their commitments to diversity and inclusion.

clock June 18, 2021Tara Donaldson

Tracksmith spring '21

Media

Tracksmith to Air First Commercial During Track and Field Olympic Trials

The commercial will showcase athletes in the brand’s Amateur Support Program, which champions unsponsored runners.

clock June 18, 2021Jean E. Palmieri

Advertising is now globally available on Instagram's Reels.

Technology

Instagram Reels Lets Loose With Ads

Insta’s short-video TikTok clone rolls out advertising globally.

clock June 17, 2021Adriana Lee

The retailer said it is investing in DroneUp, a drone services company that it has previously worked with on delivery trials.

Retail

Walmart Invests in Drone Deliveries in E-commerce Quest

The retailer said it is investing in DroneUp, a drone services company that it has previously worked with on delivery trials.

clock June 17, 2021Sindhu Sundar

Mj Rodriguez, Chella Man feature in In The Know's new digital cover.

Media

2021 Media Moves: Elaine Welteroth Joins In the Know and More

A roundup of who’s been hired, fired or maybe just jumped ship in media land over the past few weeks.

clock June 17, 2021Kathryn Hopkins

Stefan Larsson and Manny Chirico of PVH Corp.

Markets

PVH’s Virtual Annual Meeting: Talk of Recovery and Growth Opportunities

Stefan Larsson spoke briefly about the challenging 2020 and the accelerated recovery taking place.

clock June 17, 2021Lisa Lockwood

Spyder RTW Fall 2021

Mergers and Acquisitions

GBG Will Use Proceeds From Sale of Korean Unit to Continue Operating

The Hong Kong-based manufacturer is negotiating with lenders over rising debts that are past due.

clock June 17, 2021Jean E. Palmieri

ISKOFWcollection1

Business Features

Isko Dives Deep Into ‘Waste Hierarchy,’ R-Two Technology

Ingredient brand Isko discusses its ambitious goals and priorities for denim production.

clock June 17, 2021Tracey Meyers

Chiara Ferragni

Mergers and Acquisitions

Chiara Ferragni Takes Full Control of Her Company

The digital entrepreneur now has 100 percent of Tbs Crew Srl, the company that manages her The Blonde Salad online magazine and activities.

clock June 17, 2021Luisa Zargani

Salvatore Ferragamo tapped several influencers for its Gancini digital project.

Marketing and Promotion

There’s More to Influencer Marketing Than Product Placement

Dressing top personalities is still effective in amplifying a brand’s momentum on social media, but prioritizing storytelling and values over products is the way forward.

clock June 17, 2021Sandra Salibian

Ermenegildo Zegna Men's Fall 2021

Business Features

Italy’s M&A Evolution

Alongside acquisitions such as Fosun’s recent takeover of Sergio Rossi, M&As in Italy have also included those aimed at protecting the country’s manufacturing pipeline and craftsmanship.

clock June 17, 2021Luisa Zargani

Fendi RTW Fall 2021

Business Features

China, E-commerce Bolster Luxury Fur Sales in COVID-19 Year, Report Says

The global retail fur trade is worth $20.1 billion according to a new study commissioned by the International Fur Federation to be released on June 17.

clock June 17, 2021Samantha Conti

A still shot from a video promo for Amazon's Prime Day, June 21 and 22.

Technology

Adobe Data Suggests Amazon’s Prime Day Fashion Game’s Not Strong

E-commerce shows sustained momentum, while expectations skyrocket for Amazon Prime Day across categories…that is, apart from fashion.

clock June 16, 2021Adriana Lee

LVMH at Vivatech

Technology

Vivatech Kicks Off First Post-pandemic Show in Paris

Data use and artificial intelligence figured highly in discussions on Vivatech’s opening day.

clock June 16, 2021Mimosa Spencer

John Elkann

Mergers and Acquisitions

Exor Invests in Italy’s Consumer Goods Excellence

Exor is investing in consumer goods excellence by supporting the global development of medium-sized Italian companies, partnering with Hong Kong’s World-Wide Investment Company Ltd.

clock June 16, 2021Luisa Zargani

Lisa Aiken

Retail

EXCLUSIVE: Lisa Aiken Joins Neiman Marcus as Fashion, Lifestyle Director

Aiken will be based in New York and will be working to build vendor partnerships and exclusives.

clock June 16, 2021David Moin

Stella McCartney takes over the screens at Piccadilly Circus

Retail

Can Central London Come Back to Life?

London authorities want to revive Oxford Circus to rival New York’s Times Square.

clock June 16, 2021Natalie Theodosi

The Ferragamo fragrance for men.

Legal

Salvatore Ferragamo’s Employees Strike for Possible Fragrance Deal

A group of workers in Florence expressed opposition to the company’s ongoing negotiations with Interparfums for the licensing of Ferragamo perfumes.

clock June 16, 2021Sandra Salibian

Julie Bornstein, chief executive officer and cofounder of The Yes, during Wednesday's Tech Forum panel, "The View from Next-Gen Fashion and Retail."

Technology

EXCLUSIVE: The Yes Launches Fashion Intelligence-Driven Website

Fashion app The Yes reveals that it’s launching a new neural network-powered website during Fairchild’s Tech Forum on Wednesday.

clock June 16, 2021Adriana Lee

Google unveiled its first retail store in New York City's Chelsea neighborhood, in the ground floor of its NYC headquarters.

Technology

Google Introduces First Physical Store in NYC

Opening Thursday in Chelsea, Google’s first permanent retail location pushes its tech experience, not product.

clock June 16, 2021Adriana Lee

Boxine

Retail

Toniebox-maker Taps PTC for Retail PLM Solution

The upgrade replaces “disparate, disconnected spreadsheets” the company had been using.

clock June 16, 2021WWD Staff

An illustration by Mona Chalabi for the 15 Percent Pledge.

Business Features

Is the Fashion Industry Still Supporting Black Organizations?

Organizations focused on Black talent in the fashion and beauty industries have made great strides in one year but agree more work is needed.

clock June 16, 2021Obi Anyanwu

Dior

Technology

LVMH Strikes Deal With Google Cloud to Ramp Up AI Efforts

A wide-ranging deal between LVMH and Google Cloud includes codeveloping algorithms.

clock June 16, 2021Mimosa Spencer

Matilde Gioli fronting the White Milano ad campaing dubbed "Sign of the Times.

Markets

White Milano Plots Size and Scope Expansion in the Aftermath of COVID-19

With its five-year business plan, the trade show operator is planting the seeds to boost Milan’s attractiveness and support Italy’s SMEs.

clock June 16, 2021Martino Carrera

Alain Bernard of Abbey Road Advisory.

Business Features

Richemont North America CEO Departs to Start Consulting Firm

Alain Bernard has stepped down as Richemont’s CEO for North America to start a purpose-driven consulting agency, Abbey Road Advisory.

clock June 16, 2021Misty White Sidell

From the Banana Republic Vintage campaign.

Retail

Banana Republic Recycles Vintage for a Modern Approach

Chief brand officer Ana Andjelic believes Banana’s vintage safari looks appeal to both older audiences and Gen Z.

clock June 16, 2021David Moin

two women shoppers with bags looking in store window smiling

Financial

Retailers Prepare for Spending Bounceback

Fashion companies have retooled and are ready to chase consumers as they open their wallets back up.

clock June 15, 2021Evan Clark and Sindhu Sundar

Wayne Miller

Markets

Wayne Miller to Step Down as Chief Operating Officer of G-III Apparel Group

He will assume the role of senior strategic adviser to the company.

clock June 15, 2021Lisa Lockwood

Retail

Bloomingdale’s Resets Responsibilities of Top Merchants

The duties of departing senior merchant Stacie Borteck are being assigned to EVPs Denise Magid and Dan Leppo.

clock June 15, 2021David Moin

Fashionable woman wearing protective face mask shopping clothes in reopen retail shopping store. New normal lifestyle during corona virus pandemic.

Retail

Consumer Trends Grow Clear as Mandates Lift and Shoppers Emerge From Home

Michael Renz, global retail technology leader at EY, identifies notable trends shaping retail for the second half.

clock June 15, 2021Arthur Zaczkiewicz

Henry Stupp

Human Resources

Henry Stupp Joins ABG to Oversee EMEA, India Regions

The former Cherokee executive will be based in London where he will be opening an office and building a team.

clock June 15, 2021Jean E. Palmieri

The lit Neiman Marcus exterior at the Roosevelt Field Mall in Garden City, N.Y.

Retail

Neiman’s Turns Toward Technology With Heightened Investments

NMG cites its acquisition of Stylyze Inc. personalization platform as an indication that it’s rebounding and in a position to invest in further technology capabilities.

clock June 15, 2021David Moin

Media

Voting Is Open for the 2021 Rivet 50

Voters can now go to the Rivet site to submit their choices for the most influential leaders advancing the business of making and marketing denim.

clock June 15, 2021Alexandra Polkinghorn

afterpay

Business Features

Afterpay Launches Genderfree Shop

The shop is part of larger commitments to self-expression, diversity and inclusion.

clock June 15, 2021Alexandra Pastore

Daniela Ott

Technology

Aura Blockchain Consortium Appoints General Secretary

Industry veteran Daniela Ott has worked in luxury hotels, at Kering, and ran her own consultancy.

clock June 15, 2021Miles Socha

Converse CX

Business Features

Converse’s Holistic New Approach Listens to Consumers, Puts Comfort First

The company’s CX series aims to fuel movement with its progressive design ethos.

clock June 15, 2021Alexandra Pastore

Atmosphere at Chanel Resort 2021.

Financial

Chanel Revenues Up Double Digits in H1 2021 After 18% Drop in 2020

Chanel chief financial officer Philippe Blondiaux said profitability was on track to return to 2019 levels after plummeting last year.

clock June 15, 2021Joelle Diderich

FILE - In this June 19, 2020, photograph, a man carries a child on his shoulders as they march near Central Park during a Juneteenth celebration, in New York. New York Gov. Andrew Cuomo signed legislation Wednesday, Oct. 14, 2020, officially making Juneteenth, a day commemorating the emancipation of enslaved people in the United States, a New York state holiday. Although President Abraham Lincoln issued the Emancipation Proclamation on Jan. 1, 1863, not everyone heard about it right away. It wasn't until June 19, 1865, that enslaved people in Galveston, Texas, found out about it from Union army personnel, making them among the last to know about their freedom. (AP Photo/Frank Franklin II, File)

Business Features

As Companies Acknowledge Juneteenth, What Now?

Observing Juneteenth was widely marketed last year, but this year brands aren’t being as proactive.

clock June 15, 2021Rosemary Feitelberg

H&M in London as the shops re-open.

Financial

H&M Sales Climb Above Pre-pandemic Levels

The fast-fashion retailer said sales rose 2 percent increase in the June 1 to 13 period compared to 2019.

clock June 15, 2021Mimosa Spencer

The Joor platform.

Technology

Joor Raises $46 Million for Growth

The self-described “digital ecosystem” for brands and retailers has set a variety of growth initiatives.

clock June 15, 2021David Moin

Jens Grede and Emma Grede at the Frame office in Culver City, California.

Business Features

Jens and Emma Grede are Moguls in the Making

The husband-and-wife team already oversee Skims, Good American and Frame with partners like the Kardashians and some heavy-hitting backers. Now they not only have big plans for those three brands, they see even more in their future.

clock June 15, 2021Booth Moore

Bally's store in New York's Meatpacking District.

Retail

Bally Bets on the U.S. Market With New York Flagship and Growth Strategy

Bally has opened a new interactive flagship in New York’s Meatpacking District, which represents a larger strategy to engage younger shoppers with experiences.

clock June 15, 2021Misty White Sidell

Chari Hawkins

Business Features

Hilo Nutrition Announces Rebrand

The gummy supplements company has partnered with track and field star Chari Hawkins and the Kansas City Chiefs’ Travis Kelce.

clock June 15, 2021Ryma Chikhoune

woman sales associate in mask

Legal

Washington Prime Ch. 11 Marks New Uncertainties for Retail

The mall REIT’s bankruptcy included a prepared restructuring proposal, but the process will also test retail’s uncertain value in a pandemic.

clock June 14, 2021Sindhu Sundar

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Essentialist

Today's Must Read

Fashion

Black Creatives Who Want Fashion to Know What Juneteenth Really Means

clock June 18, 2021Victor Vaughns Jr.

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