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2 weeks ago | 
businessoffashion.com | Joan Kennedy
Designer Riccardo Tisci has been accused of drugging and sexually assaulting a man last year, according to a legal complaint filed in a New York Supreme Court Tuesday.
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2 weeks ago | 
businessoffashion.com | Brian Baskin |Sheena Butler Young |Joan Kennedy
The author has shared a Podcast.You will need to accept and consent to the use of cookies and similar technologies by our third-party partners (including: YouTube, Instagram or Twitter), in order to view embedded content in this article and others you may visit in future. Subscribe to the BoF Podcast here. Viral microtrends, the fleeting aesthetics popularised on platforms like TikTok, have defined recent fashion moments for young consumers.
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2 weeks ago | 
businessoffashion.com | Joan Kennedy
For the year-old independent magazine Family Style, each issue is set up like a dinner party. The front of book is the aperitivo (in the next issue, for example, there are pieces on Noma Chef René Redzepi and furniture designer Omar Nobil), the well is the main course (featuring conversations between A-Cold-Wall founder Samuel Ross and artist Takashi Murakami, plus novelist Ottessa Moshfegh and actress Cate Blanchett).
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2 weeks ago | 
businessoffashion.com | Joan Kennedy
Shopping has become a trade war zone, and consumers are caught in the crossfire. On May 2, US president Donald Trump’s administration is set toeliminate the tax loophole known as de minimis, which exempts packages under $800 from duties, on goods from China and Hong Kong. A target of bipartisan legislators for years, de minimus has been particularly beneficial for Chinese e-commerce giants Shein and Temu, and the seismic shift would put a serious strain on their bottom lines.
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3 weeks ago | 
businessoffashion.com | Joan Kennedy
Data is gold for fashion brands — and now, there’s more places than ever to get it. Shoppers’ journeys from interest piqued to purchase vary: They may find a product in a Substack newsletter, reach out to a fashion sourcer via Instagram DM to secure an in-demand item or tap their way to checkout after watching a video on TikTok. With more hands helping fashion’s most discerning consumers shop, they’re also gleaning information about what consumers want and how they’re buying it.
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3 weeks ago | 
businessoffashion.com | Joan Kennedy
Amid a flurry of leadership shakeups, luxury’s momentum is shifting — and not in the favour of LVMH or Kering. Tuesday, shares in LVMH fell following its announcement that fashion and leather goods sales fell 5 percent in the first quarter, missing analyst estimates. For the first time, the conglomerate briefly lost its position as luxury’s biggest player in terms of market capitalisation to Birkin-maker Hermès.
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1 month ago | 
businessoffashion.com | Joan Kennedy
Lacoste may be French-born, but the US has long been a part of its story: it was an American journalist who, in the 1920s, nicknamed 19-year-old tennis player René Lacoste “the Crocodile,” that would become the well-known emblem of his eponymous brand. Nearly 100 years later, Lacoste is once again looking to the US, the world’s biggest sportswear market: on Thursday, the brand will officially open its new 10,000-square-foot flagship on New York’s Fifth Avenue.
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1 month ago | 
businessoffashion.com | Joan Kennedy
The hottest place to shop in New York right now? Someone else’s closet. Over the past few years the “closet sale” has become a staple of the New York shopping scene. For the biggest ones — see Chloë Sevigny’s “sale of the century” (2023), Jenna Lyons’ so-called stoop sale (2024) and Jemima Kirke’s remote-to-Soho Red Hook event (2024) — lines wrapped around the block, followed by headlines in The Cut, New York Times and Vogue.
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1 month ago | 
cnnespanol.cnn.com | Marc Bain |Joan Kennedy
CNN — La industria mundial de la moda quedó atónita el miércoles después de que el presidente de Estados Unidos, Donald Trump, anunciara los aranceles más altos y completos en casi un siglo, con los gravámenes más severos reservados para algunos de los mayores centros de fabricación de prendas de vestir. En un discurso desde la rosaleda de la Casa Blanca, Trump anunció un arancel base del 10% para todos los bienes importados.
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1 month ago | 
businessoffashion.com | Joan Kennedy |Simone Stern Carbone
At a press conference in January, fresh off a promising earnings report and a stop at US President Donald Trump’s inauguration, LVMH chief Bernard Arnault — who had pegged hopes of a luxury recovery on growth in the US market — was singing America’s praises. “I have witnessed the winds of optimism in the US,” he said.
