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☆ 'You barely knew what we were actually selling': Gap CEO Richard Dickson on the brand's heavy discount strategy
▼ + stars: | 2023-12-01 | by ( Lucy Handley | ) www.cnbc.com time to read: +1 min

New Gap CEO Richard Dickson has spoken about his experience upon joining the struggling company from toy business Mattel in August. "You barely knew what we were actually selling," he said on Wednesday, describing how the firm's four apparel brands had leant heavily on promotions and discounts. Dickson was addressing an audience at Voices, a conference organized by apparel industry website The Business of Fashion, in Oxfordshire, U.K. Displayed behind him on stage was a screenshot of Gap's website where money-off messages were a prominent part, which Dickson said was typical of the company's brands "a few months ago." Dickson took on the CEO role at Gap after an almost 10-year tenure at Mattel, where he was president and chief operating officer.

Persons: Richard Dickson, Dickson, it's, Gap, Barbie Organizations: Mattel, Fashion Locations: Oxfordshire

☆ TJ Maxx and other discount retailers could be the big winners in an otherwise bleak holiday shopping season
▼ + stars: | 2023-11-26 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +3 min

Many retailers are bracing for a bleak holiday shopping season. AdvertisementShoppers are finally feeling the weight of inflation and many retailers are bracing for a bleak holiday season . The trade association said this year's outlook has returned to pre-pandemic levels, with an average annual holiday increase of 3.6% from 2010 to 2019. AdvertisementAnalysts say the positive same-store sales from quarter to quarter suggest that the off-price retailers are gaining market share. TJX stores, which include TJ Maxx and Marshalls, have become increasingly valuable for brands to supply to.

Persons: —, Rebecca Duval, Nordstrom, Ross, Bernstein, Aneesha Sherman, TJ, Simeon Siegel Organizations: Service, National Retail Federation, Fashion, Department, Nordstrom, TJX Companies, Burlington, Analysts, Yahoo Finance, TJ Maxx, Marshalls, BMO Capital Markets Locations: Ross, Burlington

☆ Meet the Thai celebrities — and ‘boys love’ stars — becoming fashion’s newest power players
▼ + stars: | 2023-11-21 | by ( Tiffany Ap | ) edition.cnn.com time to read: +10 min

(CNN) — Back in February, Nattawin Wattanagitiphat’s fans spared no expense in marking the Thai actor’s 29th birthday. Local media reported his birthday haul totaled 50 million Thai baht, or around $1.4 million. But more often than not, the Thai stars who are able to build international fan bases tend to be actors. “K-pop stars dedicated their lives training (from a young age) to be idols,” but Thai stars, she said, can be more relaxed. We don’t really keep the talent in a box like Korean companies do.”Another advantage some Thai celebrities have is their ability to resonate among Chinese audiences.

Persons: Nattawin, Christian Dior, Lefty.io, Karla Otto, TikTok, Kylie Jenner, Zendaya, Pascal Le Segretain, Dior, Tontawan Tantivejakul, Lalisa Manobal, Lisa, Celine, There’s, Pharrell Williams, Louis Vuitton, Davika Hoorne, Urassaya Sperbund, ‘, Calvin Klein, Bright’s, Metawin, ’, Nichapat, Sumettikul, “ KinnPorsche ”, Ralph Lauren, Kanawut, Suphap, It’s, “, ”, ” Suphap, Blackpink, Jisoo, Jennie, Rose, Evan Agostini, Dior womenswear, Jennifer Lawrence, Robert Pattinson, Fatti, ” Laleh, ” Davika Hoorne, Michael Kors, Jamie McCarthy, Traipipattanapong, Gucci, Justin Shin, Krisda Witthayakhajorndet, Thais Organizations: The, Fashion, CNN, Thai, Rolex, Vogue, Mastercard, Bain & Company, American Vogue, Burberry, Prada, Venture Management, Gucci, MTV, Apo, South Locations: ’, Asia, India, Instagram, Thailand, North, South Asia, Thai, Southeast Asia, Pacific, Bangkok, Pee Mak, Norwegian, American, Vogue Thailand, Newark , New Jersey, Launchmetrics, Paris, Blackpink, Brooklyn , New York, Seoul, South Korea

☆ These new fashion collections were designed by AI
▼ + stars: | 2023-11-07 | by ( Marc Bain | ) edition.cnn.com time to read: +4 min

Editor’s Note: This article was originally published by The Business of Fashion, an editorial partner of CNN Style. RevolveTwo of the winning collections came from designers with no fashion background. The winners designed their collections using AI image generators Midjourney and Stable Diffusion, and in some cases editing in Photoshop. RevolveSabral is "eager to share my unique vision that bridges the worlds of architecture, fashion design, and technology," he told Revolve in a statement. But in Abbasi’s view, one of the key learnings from AI Fashion Week is that the technology can also allow people who don’t necessarily have training in fashion to produce innovative designs.

Persons: José Sabral, Matilde Mariano, —, Betsey Johnson, Cyril Foiret, Maison, Nima Abbasi, Michael Mente, Strada, Heliot Emil, ” Organizations: The, Fashion, CNN, Maison Meta Locations: Portugal, Los Angeles, Milan, New York

☆ How 2023 became the year of the lab-grown diamond
▼ + stars: | 2023-10-26 | by ( Diana Pearl | ) edition.cnn.com time to read: +9 min

The company isn’t the only one seeing big sales from this category: Lab-grown diamond brand Brilliant Earth saw a 15.7 percent net sales increase in 2022, to $440 million. Dorsey, another exclusively lab-grown jewelry brand, sold over a million stones last year. Broadening the marketMany consumers plough the savings from buying a lab-grown diamond into more jewelry — a bigger engagement ring, for instance. Valeria Mongelli/Bloomberg/Getty Images/File“The lab-grown diamond is not in competition with mined diamonds, it’s a complement to mined diamonds,” said Sayed Haider, COO, merchandising and operations at Diamond Nexus, which added a line of lab-grown diamonds to its offering earlier this year. Lab-grown diamond brand Dorsey sold over a million stones last year.

Persons: CNN CNN —, Pandora, ”, Pamela Anderson, Dorsey, Tiffany, Lionel Bonaventure, haven’t, Paul Zimnisky, Golan, De, Mary Carmen Gasco, Megan Strachan, Valeria Mongelli, Sayed Haider, “, Strachan, Grace Coddington, Pandora Dorsey, influencers, Bella Hadid, Justin, Hailey Bieber, that’s, Zuo Dongchen, Anderson, Precious Lee, De Beers, Bruce Cleaver, Fred, Ashley Barrett It’s, Shah Organizations: The, Fashion, CNN CNN, Diamond District, New, Brands, Cartier, Getty, De Beers, Pandora, Business, Bloomberg, Diamond Nexus, ”, Vogue, Marketing, Publishing, British Fashion Council, Business of Fashion, CNN Locations: New York, Astor, Paris, AFP, Zhengzhou, China

☆ Why Victoria’s Secret is bringing sexy back
▼ + stars: | 2023-10-17 | by ( Cathaleen Chen | ) edition.cnn.com time to read: +6 min

But in a presentation to investors in New York last week, it was clear which version of the brand Victoria’s Secret executives see as its future. Courtesy Victoria's Secret“Sexiness can be inclusive,” said Greg Unis, brand president of Victoria’s Secret and Pink, the company’s sub-brand targeting younger consumers. Within Pink, Victoria’s Secret will focus on improving the assortment of fleeces, sweatpants, tracksuits and other casual pieces. Adriana Lima became one of the faces of Victoria's Secret in 1999 and still features in many of it's campaigns. How Victoria’s Secret ventures into apparel will be conservative in manner, he said, and will follow a test-and-learn approach.

Persons: Megan Rapinoe, Valentina Sampaio, Paloma Elsesser, Carlijn Jacobs, Hailey Bieber, Emily Ratajkowski, Heidi Klum, Adriana Lima, Ali Tate, Cutler, Naomi Osaka, ”, Greg Unis, we’re, everyone’s, it’s, Martin Waters, Waters, activewear, Unis, Naomi Campbell, Albert Gilkey, Kim Kardashian, We’ve, ” Waters Organizations: Business of Fashion, CNN CNN, Tennis, Ariela, Associates, Pink, CNN Locations: New York, North America

☆ Fashion brands want you to be able to identify fake designer merchandise
▼ + stars: | 2023-10-13 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +13 min

‘It’s almost seen as a hack’These tactics are all part of the industry’s hope to neutralize the booming counterfeit market, with some estimates asserting that fake fashion and luxury items account for 60% or more of the multi-trillion-dollar trade in fake goods. Sympathy for brands “can be hard for consumers in general, particularly those who are deeply steeped in TikTok culture,” Scafidi said. According to Business of Fashion, the average price for a women’s designer handbag in the US spiked 27% from 2019 to 2022. Last year saw record-breaking profits for the luxury sector, with around 95% of brands seeing growth, according to an estimate by consulting firm Bain & Company. “Right now, vintage is on trend, and we actually see new replicas of vintage items — items that were made in the ’80s or ’90s,” Thompson said.

Persons: Louis Vuitton, Cartier, Birkin, Miu Miu, Chanel, ”, Simon Lock, LVMH, Maison, OTB, ‘ It’s, dupes, Counterfeiters, Sarah Davis, “ it’s, what’s, Susan Scafidi, “, Leah Abucayan, ” Scafidi, Fashionphile, Davis, Hunter Thompson, “ It’s, ” Thompson, ” Davis, Scafidi, Romain Carrere, “ We’re, ” Carrere, it’s Organizations: CNN, luxe, Ordre Group, Burberry, Prada Group, Dior, Prada, YouTube, Social, Fashion Law, Business of Fashion, Bain & Company, Technology, Blockchain Locations: Fashionphile, Europe, —

☆ How Karol G went from a Latin music star to a fashion icon
▼ + stars: | 2023-10-06 | by ( Robb Young | Graciela Martin | ) edition.cnn.com time to read: +24 min

With 66 million followers on the platform, Karol G ranks 70th in terms of follower count but 6th when it comes to engagement rates. But the label’s enthusiasm for its Karol G campaign a half-year after its release is telling, nonetheless. Karol G attends the #BoF500 Gala during Paris Fashion Week at Shangri-La Hotel Paris on September 30, 2023 in Paris, France. By the time Karol G entered the scene in a big way, fashion, luxury and sportswear giants were still warming up to her male counterparts. People aren’t as fixated on that anymore.”Indeed, it is the shift in attitudes toward language that appears to have helped Karol G secure the Loewe deal.

Persons: Karol G, Jonathan Anderson, Karol’s, Shakira, — Karol G, Provenza, “, ”, Nicki Minaj —, Karol, Karol G's, she’s, Lea Colombo, “ Karol G, Charlie Smith, Loewe, couldn’t, Ricky Martin’s, hasn’t, “ I’ve, Anderson, Karol G’s, ” Karol G, Christopher Polk, SocialBook, Kim Kardashian, Julian Martinez, ” Martinez, “ Karol, Miu, Roberto Cavalli, Gina Ferazzi, Loewe’s Smith, Jacquemus, Barbie, Emilio Pucci, —, Vetements, Rick Owens, Pascal Le Segretain, Maykol Sanchez, Spotify’s, Yankee’s, Don Omar’s, Maluma, J, Nicky Jam, . Ivy Queen, Jennifer Lopez, Shakira —, Burberry —, Becky G —, Karol —, Ovy, Bad Bunny, Rich Fury, Karla Martínez, There’s, Leila Cobo, Billboard’s, ” Cobo, aren’t, “ Jonathan, ” Karol, Carolina Giraldo Navarro, Colombia’s, J Balvin, Cobo, She’s, ” she’s, haven’t, ’ ” Karol G, Alexander Tamargo, Nina García, Elle, García, ” García, I’ve, I’m, it’s, Brett Alan Nelson, I’d Organizations: The, Fashion, CNN, —, Billboard, MTV, New York City’s Rockefeller Center, Variety, Los Angeles Times, Getty, Brands, Los, Paris, Spotify, Reebok, Umbro, Dolce, Gabbana, Nike, Guess, Adidas, Trailblazers, Burberry, Levi’s, Kappa, Puerto Rican, Pew Research Center, Limits, Vogue Mexico, reggaeton’s, Loewe, Carolina, Puerto Locations: Spanish, ”, Latin America, New York, Newark , New Jersey, California, Versailles, bejeweled, Paris, France, Spain, Italy, Germany, Canada, America, Balmain, Barcelona, Rosalía, American, Panama, Jamaica, Puerto Rico, Dominican, Caribbean, Medellín, Colombia, Puerto, Miami, Mexico City, Buenos Aires, Santiago, Chile, Austin, Austin , Texas, Mexico, North America, Europe, Dubai, Singapore, Nairobi, Puerto Rican, Sera, Miami , Florida, Colombiamoda

☆ I quit buying new clothes for 5 months, and it helped me curb my impulse purchases. Now, I'm doing it again as I start repaying my student loans.
▼ + stars: | 2023-09-27 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +7 min

I stopped buying new clothes for five months this year. Now that my student loans will be an added expense, I'm going to hold off on shopping for new clothes for a while. AdvertisementAdvertisementHere's what I learned from five months of buying no new clothes. While I wasn't buying new clothes, I did purchase a few new pairs of earrings to jazz up old dresses. The challenge helped me shop more consciouslyAt the end of the five months, thrifting was not only less expensive than buying new clothes, but it also helped me shop more consciously.

Persons: —, I'm, Michael Fiddelke, I've, Jennifer Ortakales Dawkins, snakeskin Jeffrey Campbell, It's, Depop, thrifting, wasn't Organizations: Service, Fashion Locations: Puerto Vallarta , Mexico, Costa Rica, Mexico, Los Angeles

☆ What Uganda’s war on second-hand clothes means for fashion
▼ + stars: | 2023-09-25 | by ( Sarah Kent | ) edition.cnn.com time to read: +8 min

Camille Delbos/Art In All of Us/Corbis/Getty ImagesSo Kolade turned to something that was available in abundance: second-hand clothes. “I have declared war on second-hand clothes to promote African wear,” the President said during the opening of 16 factories at an industrial park late last month, according to Ugandan newspaper Daily Monitor. Ugandan fashion house Buzigahill give new life to second-hand clothes through patchworking and splicing pieces together. According to the Uganda Dealers in Used Clothing and Shoes Association, there are a huge number of jobs directly and indirectly involved in the second-hand clothing supply chain. “It is clear that the second-hand clothing trade is broken because the firsthand clothing trade is broken,” said Ricketts.

Persons: Bobby Kolade, Camille Delbos, Kolade, patchworked sweats, Yoweri Museveni, Martin Kharumwa, ”, Corti Paul Lakuma, Bales, Andrew Caballero, Reynolds, Uganda’s, Buzigahill, Liz Ricketts, Ricketts Organizations: CNN, The, Fashion, Ugandan, Daily Monitor, East African Community, Policy Research, Greenpeace, Bloomberg, Getty, European Union, European Environment Agency, Uganda Dealers, Association, European Locations: Berlin, Kampala, Entebbe, Uganda, Turkey, China, East, Europe, East Africa, Philippines, Indonesia, Rwanda, Kenya, Tanzania, Ugandan, Accra, Ghana, Africa, Kantamanto, California

☆ The creative director of Supreme abruptly resigned, citing 'systemic racism,' which the brand denied
▼ + stars: | 2023-09-01 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Tremaine Emory is exiting streetwear giant Supreme. Emory cited "systematic racism" among his reasons for leaving the brand. Emory's departure from the streetwear brand was announced on Thursday. In a resignation letter viewed by the Business of Fashion, Emory cited "systematic racism" and what he said was a lack of minority employees among his reasons for leaving. In an Instagram post, Emory said he and Supreme executives disagreed over a collaboration with artist Arthur Jafa.

Persons: Tremaine Emory, Emory, Arthur Jafa, Peter, Gordon, Tremaine, execs, Ye, Virgil Abloh Organizations: Service, Business, Fashion, of, VF Corporation Locations: Wall, Silicon

☆ Here’s what it takes to become an ‘It Girl’ today
▼ + stars: | 2023-08-29 | by ( Diana Pearl | ) edition.cnn.com time to read: +8 min

Today, it’s a job in and of itself — one that, to do successfully, requires a team behind you. Richie Grainge had been working as a model for years, and was also known as the little sister of 2000s It girl Nicole Richie. Madison McGaw/BFA.com/ShutterstockGetty has all the makings of a classic It girl — famous family, beautiful looks, a distinct sense of style. “It takes a different kind of confidence to be a little more quiet and still be noticed,” said Baruch. “Even if you have the tools and are following all the calculations of what it takes to be an It girl, it still might not pop,” said Delmonte.

Persons: aren’t, they’re, Clara Bow —, it’s, Andy Warhol, Edie Sedgwick, Bianca Jagger, Carolyn Bessette, Kennedy, Alexa Chung, Jagger, ”, Jeni Rose, That’s, Sofia Richie Grainge, she’s, Jo Malone, Richie Grainge’s nuptials, Liat Baruch, Richie Grainge’s, that’s, We’ve, Anne Hathaway, Erin Walsh, Valentino minidress, Richie Grainge, Nicole Richie, Robyn DelMonte, Ivy Getty, J, Paul Getty, Madison McGaw, Shutterstock Getty, Savannah Engel, —, “, ” Getty, Engel, Federica Parruccini, ” Parruccini, Getty, Hailey Bieber, Rose, John Springer, It’s, influencers, Baruch Organizations: The, Fashion, CNN, Cannes Film, Vogue, San, &, Cannes, Rhode Locations: South, France, Maybelline, Los Angeles, San Francisco, Savi, “

☆ Coach is the new 'cool girl' brand for Gen Z
▼ + stars: | 2023-08-10 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

After years of sluggish sales, Coach is seeing regained interest from Gen Z consumers. Gen Z increased its spending on Coach by 10% so far this year, according to a new report. According to a consumer spending report from Earnest Analytics, consumers under the age of 25 increased their spending on the Coach brand by 10% from January through June of this year. Once self-touted as "accessible luxury," Coach has since updated that message and its offerings to reinvent itself. In doing so, it hoped to tap into Gen Z and Millennial shoppers' values and re-elevate its luxury status.

Persons: Gen, Lil Nas, Earnest, Camila Mendes, Joon Silverstein, Coach's, Silverstein, Z, Todd Kahn, Nas X, Kate Spade, Stuart Weitzman, Michael Kors, Jimmy Choo, Versace Organizations: Service, Vogue Business, Business, Fashion, Capri Holdings, Capri Locations: Wall, Silicon, Riverdale, American, York

☆ Cool-girl brand Aritzia made employees rate each other's appearances, discriminated against Black salespeople, and fostered a culture of fear, some ex-staffers say
▼ + stars: | 2023-07-24 | by ( Nichole Jankowski | Isabella Zavarise | Brianna Holt | ) www.businessinsider.com time to read: +27 min

They said 54% of Aritzia employees and 60% of retail employees identified as BIPOC but declined to provide a breakdown of those statistics. Insider spoke with 53 current and former Aritzia employees, several of whom said that while the world of fashion is notoriously cutthroat, working at Aritzia was particularly grueling. Aritzia's spokesperson said the company's success was a "direct result of its high-performance culture." (In a statement of defense filed with the court on July 5, the store manager and Aritzia denied all allegations. A former Ontario store manager said that shortly after she was hired, the manager of store operations asked if she had a boyfriend.

Persons: Brian Hill, Hill, Kendall Jenner, Meghan Markle, Jennifer Lopez, Aritzia, Lindsey Adelman, Melina, Isabel Slone, Max Mumby, Aritzia's, Carly Bishop, Brian, Jennifer Wong, who's, Wong, Robson, We're, George Pimentel, Heather McLean, Hill's, Tim Hortons, Kendalls, —, Todd Korol, Jessica Porter, weren't, Candace Jerry, Anyango Juma Miguna, Miguna, Hannah, Kaycelyn Pascual, Pascual, couldn't, Nadia Mahammed, Mahammed, she'd, George Floyd, they'd, Todd Ingledew Organizations: Aritzia, Euromonitor International, Aritzia's, Queen's University, Fashion, Globe, Toronto Star, Getty, SPH, Employees, British Columbia Human, Product, Estate Development, Business Locations: Toronto, Vancouver, Ontario, Aritzia, ascot, Canada, Aritzia's Vancouver, Canadian, New York City, Aritzia's Paramus , New Jersey, Newmarket , Ontario, British, New York

☆ Read the leaked Hearst Magazines memo announcing dozens of layoffs across titles like Cosmopolitan and Seventeen: 'Change can be difficult but it is necessary'
▼ + stars: | 2023-07-21 | by ( Reed Alexander | Lucia Moses | ) www.businessinsider.com time to read: +6 min

Hearst Magazines implemented layoffs Thursday affecting dozens of employees across its portfolio. Insider obtained the full memo from the president of Hearst Magazines announcing the news. Hearst Magazines Media Union tweeted that 41 of its members were laid off due to "company restructuring." Change can be difficult but it is necessary as we pave the way forward as a digital-first media company. Thank you all for your dedication as we work together to build the future for Hearst Magazines.

Persons: we're, Debi Chirichella, Hearst, —, Hearst Magazines Media Union, Chirichella, Slack, I'm, You'd, he'd, Jessica Giles, EIC Kristin Koch, It's, we've, Reed Alexander, Lucia Moses, lmoses, Alison Brower, Dan Whateley Organizations: Hearst, Hearst Magazines, Cosmopolitan, Hearst Magazines Media, Hearst Union, Twitter, Fashion

☆ Harrods is opening an ultra-exclusive members club in Shanghai that costs from $21,000 a year and is limited to 250 people
▼ + stars: | 2023-07-18 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Harrods is opening an exclusive member's club in Shanghai that costs from $21,000 yearly. Harrods announced Tuesday that it will open a new private member's club in Shanghai at the end of 2023 in a bid to appeal to the country's ultra-rich consumers. The company's managing director Michael Ward told Bloomberg that these shoppers made up 16% of Harrods' sales in 2022. "We always knew that shopping would go back to China," Ward told Bloomberg. According to estimates from Business of Fashion, Chinese luxury spending is expected to reach $107 billion by 2025.

Persons: Gordan Ramsay's, Gordon Ramsay's, Michael Ward, Ward Organizations: Harrods, Service, Harrods Tea, Scottish, Edrington Group, Bloomberg, Business of Fashion Locations: Shanghai, British, Harrods, Wall, Silicon, China, Cha

☆ Gabriela Hearst to step down as creative director of Chloé
▼ + stars: | 2023-07-06 | by ( Tamison O'Connor | ) edition.cnn.com time to read: +2 min

Editor’s Note: This article was originally published by The Business of Fashion, an editorial partner of CNN Style(CNN) — Chloé creative director Gabriela Hearst is stepping down after three years at the Richemont-owned brand, the label confirmed in a press release. When approached by the Business of Fashion, Chloé declined to comment on whether Kamali would become its next creative director. A collaboration between Chloé and actress Angelina Jolie’s new fashion brand, Atelier Jolie, is set to go ahead as planned. Hearst, well known in the industry for her stance on sustainability, became creative director at Chloé in late 2020. Editor’s Note: This article was originally published by The Business of Fashion, an editorial partner of CNN Style.

Persons: —, Gabriela Hearst, Chloé, Chemena Kamali, Laurent, Angelina Jolie’s, Gabriela Hearst's, Chloe, Dia Dipasupil, Philippe Fortunato, Hearst, ” “ Gabriela, ”, Riccardo Bellini Organizations: The, Fashion, CNN, Business, Hearst, Chloé, B

☆ Luxury retail workers earn about $45,000 per year to sell handbags and jewelry that can cost more than their take-home pay
▼ + stars: | 2023-06-30 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Luxury brands are increasingly having trouble finding and retaining talent for high-touch sales roles. Entry-level associates earn about $35,000 base pay per year, plus about $10,000 commission. On average, luxury retail sales associates earn about $35,000 base pay per year, plus about $10,000 commission, per Glassdoor data. A job at Gucci required three years of luxury fashion experience and the ability to "maintain an active, accurate, neat and organized client book," per BoF. Do you work in luxury retail?

Persons: —, salespeople, Sandy Sholl, there's, Teddy Bear, Jessica Cloutier, Nordstrom's, Cloutier, Neiman Marcus, Sukeena Rao, Dominick Organizations: Service, Target, Walmart, MadaLuxe, Business, Gucci, SMCP, Saks Fifth Locations: Costco, Patagonia

☆ The return of perms
▼ + stars: | 2023-06-30 | by ( Yola Mzizi | ) edition.cnn.com time to read: +4 min

Perms, or the permanent wave, have been a fixture of American culture since the late 19th century and reached peak popularity in the 1970s and 1980s. While beauty trends, like fashion, are cyclical, perms today differ greatly from those once seen on stars like Cher and Stevie Nicks, thanks to gentler products and digitized heat technology. Digital perms, or hot perms, have also become popular. “It certainly helps that K-Pop and K-Dramas are popular and the stars get perms, so that has made it more culturally acceptable,” said Chen. Wella’s Munz is hopeful the resurgence of perms will also encourage brands to further engage with the multicultural consumer.

Persons: Charles Chen, “, ”, Cher, Stevie Nicks, perms, Roland Munz, Briana Dunning, Dunning, BTS’s, Kim Tae, Gong Yoo, Lydia Wolfe, Jack, Wolfe, Chen, Wella’s Munz Organizations: The, Fashion, CNN, Wella, Korean, Busan ”, perms Locations: perm, Manhattan, TikTok, perm ”, Euromonitor, Gen, Los Angeles, “, Striiike, Korean, Korean perm, American perm, Busan, London

☆ Boohoo to pay $197 million settlement in class-action lawsuit alleging the retailer advertised fake discounts on PrettyLittleThing, Nasty Gal sites
▼ + stars: | 2023-05-03 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

UK retail giant Boohoo has agreed to pay $197 million to settle a California class-action lawsuit. The retailer was accused of falsely listing items as marked down even though they were never sold for the original price. The money will be distributed to over 9 million plaintiffs living in California. Boohoo announced it would settle the case for $197 million in April, but without admission of guilt, according to the claims administrator, KCC Class Action Services. Those eligible to receive some of the settlement include California residents who purchased products from the Boohoo brands between April 2016 and June 2022.

☆ 6 Podcasts for the Fashion-Conscious, and Curious
▼ + stars: | 2023-04-26 | by ( Emma Dibdin | ) www.nytimes.com time to read: +4 min

Last year, the show debuted its first mini-series, “American Ivy,” on the perennial popularity of the preppy look. Starter episode: “Pockets”Begun in 2014, this weekly fashion podcast offers a rare blend of down-to-earth comedy and sartorial commentary. Starter episode: “Fashion Inferno”The Business of Fashion, which started life as a Typepad blog in 2007, has grown into a resource for news and analysis within the fashion industry. Its accompanying podcast has found similar success, with Imran Amed, its chief executive and founder, delivering coverage geared toward fashion creatives and executives. In May 2021 came the brand’s first podcast, offering trend analysis, runway coverage and interviews with designers, stylists and celebrities.

☆ A new trailer for the much-hyped Barbie movie has sent shoppers searching online for fluffy mules and pink clothes, with 'Barbiecore' set to be a hot trend in 2023
▼ + stars: | 2023-04-11 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

According to fashion search site Lyst, searches for the color pink have surged since the trailer's release. Online searches showed a specific interest in items worn by Robbie in the trailer after its release in early April. The aesthetic has been dominating fashion for the past year with the hot pink color appearing on runways and red carpets, according to The Business of Fashion. Valentino's creative director Pierpaolo Piccioli debuted a hot pink color, dubbed "Pink PP" that was developed with Pantone, at Paris Fashion Week in March 2022. Celebrities including Harry Styles, Anne Hathaway, Kim Kardashian, and Zendaya were seen sporting hot pink outfits at the time.

☆ How entrepreneurs can use Poshmark to earn six figures in side hustle income
▼ + stars: | 2023-03-02 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +3 min

Poshmark is a resale app that some entrepreneurs turn into six-figure side hustles or businesses. Insider spoke to two sellers who shared how they scaled their Poshmark businesses. It's easier than ever to start your own business or side hustle because all the tools you need exist online. Insider spoke with two Poshmark sellers who turned their side hustles into successful full-time businesses. If you have created a successful side hustle or six-figure business on Poshmark and would like to share your story, please reach out via email to jortakales@insider.com.

☆ Parade — the inclusive underwear brand beloved by Gen Z and self-styled as 'the internet's favorite' — is coming to Target
▼ + stars: | 2023-03-01 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +4 min

Inclusive underwear brand Parade is launching at 400 Target stores this week. The brand is popular with younger consumers, but wants to grow its reach away from its Gen Z core. Self-described as the "Internet's favorite brand," Parade has built itself up around its community of Gen Z nano influencers, who promote and offer feedback on new items. "Our ambition is to be the leading underwear brand for all people," cofounder and CEO Téllez told Business of Fashion. Insider reached out to both Target and Parade for further comment, but did not immediately hear back.

Morphe Cosmetics, a makeup brand once synonymous with YouTube beauty culture, confirmed Thursday it was shutting down all its U.S. stores — a move that shocked its employees, outraged customers and left some experts questioning the brand’s future. Morphe employees sounded alarm for weeksSome of Morphe's retail employees said it was shocking that the company had laid them off so abruptly — with several employees telling NBC News that they received a day’s notice before losing their jobs. TikToks under the hashtag #justiceformorpheretailemployees have received more than 7.5 million views, although some viral videos about the store closures have been deleted. As of Friday, Morphe employees who spoke with NBC News said they hadn’t received their severance packets yet. The store closures indicate that sales were continuing to flail, Ben-Shabat said.

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