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Fashion industry insiders are speculating about the future of Australian Fashion Week (AFW) following the news of IMG’s exit from the country’s premier fashion event. Since its debut in 1996, AFW has attempted to evolve alongside Australia’s dynamic fashion landscape.
LVMH has sold the luxury streetwear brand Off-White to brandmanagement company Bluestar Alliance. LVMH took a majority stake in the label in 2021 , agreeing to increase its stake over time to 60% , with brand founder Virgil Abloh retaining the remaining 40%. Financial details were not disclosed.
The news follows rumblings last week that the retailer was struggling to maintain its sprawling brick-and-mortar presence amid increased competition in the fast fashion sector. During her tenure she made a concerted effort to refresh the brand with a focus on younger consumers and enhanced omnichannel capabilities.
The fashion industry has been questioned a lot about its environmental impact. As new regulations are enforced and consumers develop ever-more-sophisticated expectations around a brand’s environmental impact, fashionbrands have to do more than claim they are compliant. Consolidating and publishing sustainability data.
Brandmanagement firm Marquee Brands has acquired British fashion and lifestyle label Laura Ashley and will use the acquisition to establish its first European headquarters in London. Marquee bought the brand from Gordon Brothers , which acquired Laura Ashley out of bankruptcy in 2020.
But recently, a lesser-known division of Gordon Brothers found itself in the spotlight when the company sold the iconic British brand Laura Ashley to brandmanagement firm Marquee. The deal was managed by Gordon Brothers Brand Division, which had spent the previous four years revitalizing Laura Ashley after its 2020 bankruptcy.
For many years, sustainability has been tied to ethical, circular, slow, or mindful fashion. Several decades ago, some brands saw an opportunity to showcase sustainable products in their offerings. Naturally, fashionbrands have embraced sharing on their methods. Fashionbrands and sustainability.
is considering a buyout proposal from brandmanagement firm WHP Global which owns the Toys R Us and Babies R Us brands as well as a stake in Express and Bonobos that would take the lifestyle brand private. The two companies arent strangers: In 2024, Guess?
A new range of Forever 21 fashions has debuted at 100 JCPenney stores across the U.S. The brands also share owners. Simon Property Group bought Forever 21 out of bankruptcy in partnership with fellow mall operator Brookfield Asset Management and brandmanagement firm Authentic Brands Group in February 2020.
An affiliate of brandmanagement company Bluestar Alliance has purchased the U.S.-based based wholesale and retail business assets of the Scotch & Soda brand, which will allow its products to be sold in retail stores across the country. and global fashionbrands including Hugo Boss , G-Star and Escada.
Global brandmanagement firm WHP Global has bought a 70 per cent stake in Isaac Mizrahi from Xcel Brands, in a deal valuing the American designer label at US$68 million. Mizrahi, who will continue as chief design officer, said he believes WHP Global will harness the power of his brand. million in cash proceeds.
“The unique collaboration includes an extraordinary Hourglass & Barneys pop-up experience featuring an exciting curation of fashion and beauty brands, limited-edition products, exclusive merchandise, guest appearances, cultural events and more.” 11, opening just in time to capitalize on New York Fashion Week.
Cleo Davis-Urman: Coming from an editorial and fashion styling background in my early career, I first got started in the fashion retail industry when I entered Moda Operandi in 2011 and later on at Saks Fifth Avenue in 2015. I always saw fashion as the art of self-expression. If I looked good, I felt good!
Fashionbrands Ann Taylor and Loft are headed back to Canada via a series of shop-in-shops at Hudson’s Bay stores across the country. The partnership was developed by brandmanagement firm Centric Brands and will mark the first time either brand has been available in Canada since 2020.
Just in time for New York Fashion Week, the iconic, now defunct luxury department store Barneys New York has made its return to fashion, albeit not in a way that many of the brand’s devotees would have imagined. Fast fashion retailer Forever 21 has released a limited-edition collection featuring the Barneys brand.
million bid to acquire his own fashionbrand, Sean John , out of bankruptcy, according to Bloomberg. The retailer is currently 90% owned by brandmanagement firm GBG USA through a joint venture with Combs, who sold the majority stake in 2016. Hip-hop entrepreneur Sean “Diddy” Combs has reportedly placed a $3.3
Sparkling silhouettes, feminine prints on masculine shapes, chic shapes with plenty of thigh – all made their way down the first ever plus size runway at Afterpay Australian Fashion Week last Thursday. We were about to make history and as a brand you want to make sure you’re doing that justice.”. The fashion spoke for itself.
Brandmanagement firm WHP Global has received a $375 million equity investment from funds managed by the private equity group of Ares Management Corporation to fuel its next wave of brand acquisitions. The transaction values WHP at $1.6
The latest modest fashion trends were on full display at New York Fashion Week, where six Indonesian designers were invited to present a total of 60 looks under the “Indonesia Now” banner. The rise of modest fashion. So modest fashion is very important in our circles,” she noted. Decoding fashion.
It’s 2022 and while small steps are being made towards a more inclusive fashion future, such as the first ever plus size fashion show and greater overall diversity on the catwalk at Australian Fashion Week, there is still a long way to go. Brands that don’t cater to us? Not making the cut.
Hollywood fashion and lifestyle brand Von Dutch has been sold to brandmanagement firm WSG Brands and is set for further global expansion. Former owners Groupe Royer and its subsidiary Royer Brands International completed the transfer of ownership last month.
has partnered with the global brandmanagement firm WHP Global — which owns the Toys ‘R’ Us and Babies ‘R’ Us brands as well as a stake in Express — to acquire the New York-based fashionbrand Rag & Bone. The deal is expected to close during Q1 of the Guess? 2025 fiscal year, in March 2025. in a statement. “It
Customers are invited to explore Elton’s archive and shop for limited-edition fashion, accessories and lifestyle collaborations in-store and online. “Elton John at The Selfridges Corner Shop” was brought together in collaboration with Bravado, Universal Music Group’s leading brandmanagement division. .”
Brandmanagement firm Authentic Brands Group and Saks Global have developed a new joint venture called Authentic Luxury Group (ALG) that is aimed at “redefining and expanding the modern luxury experience.” Our shared commitment to excellence and strategic vision positions us at the forefront of modern luxury.”
The Shop, ‘Queen The Greatest’ will be open until January 2022 and will feature a line-up of limited edition music releases, exciting fashion collaborations and lifestyle products with weekly new product drops and events. The Champion collection features unisex T-shirts and sweatshirts, with a nod to the fashionbrand’s heritage.
The new joint venture between brandmanagement firm WHP Global and mall owners Simon Property Group , Brookfield Properties and Centennial Real Estate — formed for the purpose of buying beleaguered mall brand Express, Inc. — now has a name: Phoenix Retail. The partnership transformed Express, Inc.
WHP Global plans to expand the Express brand to multiple countries in Asia and Latin America through a series of licensing agreements. This marks the first major announcement since the brandmanagement firm announced its strategic partnership with Express, Inc. late last year.
Earlier this month, Desigual partnered with Melbourne-based brandmanagement firm O’Rourke Showroom to unveil its spring-summer collection, further expanding its retail distribution in Asia Pacific. We are excited to continue to work with local ambassadors who speak to our new creative direction.
During her career, Sullivan also worked with The Stride Rite Corporation as COO and held consumer brandmanagement and sales roles at companies including M&M/Mars and The Mennen Company. Schmidt joined Caleres in 2009 as the company’s SVP and General Manager of Image Brands, becoming President of Contemporary Fashion in 2010.
The company had hoped that its partnership with brandmanagement firm WHP Global would help in this regard. The company’s total debt at the end of the third quarter was $274.7
Skechers has teamed up with renowned apparel brand Diane von Furstenberg (DVF) on its Endless Kisses Capsule range, which will see the latter brand’s iconic lips design feature on Skechers fashion sneakers, footwear and recovery sandals.
“We saw an opportunity for the brand to relaunch into the U.S. We’re back and bringing more community responsibility, fashion-forward footwear, and on-trend partnerships,” Margolis added. Among the retailer’s new brands is the Kendall + Kylie line designed by Kendall and Kylie Jenner.
Brandmanagement firm Authentic Brands Group (ABG) has added another major retailer to its portfolio with the acquisition of beleaguered British fashion chain Ted Baker.
Express has entered a broad-reaching partnership with brandmanagement firm WHP Global , owner of the Toys ‘R’ Us , Babies ‘R’ US and Anne Klein brands, among others. The deal includes plans to acquire “multiple” fashionbrands as well as the expanded monetization of the Express brand through global licensing partnerships.
is selling its Heritage Brands portfolio — which includes the Izod , Van Heusen , Arrow and Geoffrey Beene brands — to fellow brandmanagement firm Authentic Brands Group for approximately $220 million. We believe ABG is well positioned to develop and invest in these brands for their future success.
This collection will serve many demographics looking to add the Deere brand to their shoe collection, and we’re confident that Skechers x John Deere will build a devoted following across work, fashion and the street.” “The
Brown has been a brandmanager at True Alliance since 2009, most recently managing the Ben Sherman brand. In that role, he was responsible for product sourcing, buying, design, marketing, wholesale and retail sales, brand positioning and organisational development.
Canada Goose is set to make a foray into Australia under a brandmanagement agreement reached with Brand Collective. The brand will roll out retail stores this year in Melbourne and Sydney, and open an e-commerce platform, to be augmented by selected wholesale distribution.
The Shop, ‘Queen The Greatest’ will open on Tuesday 28th September 2021 until January 2022 with a line-up of limited edition music releases, exciting fashion collaborations and lifestyle products with weekly new product drops and events.
Vera Wang has sold her IP to New York brandmanagement firm WHP Global. As part of the transaction, founder Vera Wang will join the latter as a shareholder to assist in the brand’s creative direction. Established in 1990, Vera Wang was initially known for bridal wear. “Vera Wang is a legend.
Anat Shakedd is CEO and Co-founder of Nexite , a breakthrough real-time data technology startup that’s set to transform fashion retail before reshaping other industries. A seasoned commercial and brand executive, Shakedd is an entrepreneur with a vision of making Nexite into a successful world-changing business.
per cent take in the Richemont-owned luxury fashion e-commerce company Yoox Net-A-Porter, was approved by the European Union, seven months after the UK Competition and Markets Authority gave its stamp of approval, and over one year after the deal was first announced in August 2022. This week, Farfetch’s proposed acquisition of a 47.5
You see, fashion celebrates self-expression (at least as we know it to exist as an art form on the runway). The staff can be friendly and welcoming, but it’s up to the brandmanagers, designers, training leaders and the fashion retail industry as a whole to evolve the system. This is what the future of fashion should be!
Luxury conglomerate LVMH has sold Off-White to Bluestar Alliance just two years after acquiring the streetwear brand. Bluestar Alliance – a New York-based brandmanagement company – is known for acquiring distressed labels and licensing their names. The terms of the transaction were not disclosed.
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