Uoma Beauty Founder Sues the Brands New Owners BoF
Abercrombie & Fitch forecast weaker annual sales growth and warned of softer demand for its namesake brand, citing higher freight costs, more promotions, and the impact of US tariffs. Collaborate across the value chain, instilling a partnership mentality, working from a single source of truth (known as a “platform approach”) and connecting decision making across functions. This will enable fact-based inventory interventions supported by central leaders with weekly meetings. Brands can no longer expect supply or store teams to resolve out-of-stock inventory. Instead, they must break down silos, collaborating and connecting decisions on assortment stock level across the value chain and through omnichannel optimisation. Traditionally, merchandising, sourcing, logistics and supply functions used isolated solutions to address inventory challenges.
Fashionphile acquired its intellectual property as well as remaining inventory after LXR filed for bankruptcy. The secondhand market has expanded significantly over the past decade, driven by digitally native platforms like The RealReal and Fashionphile that identified — and quickly populated — a white space for stylish, fashion-forward online shoppers. But in recent years, the rapid growth among this cohort of internet-savvy early adopters has slowed.
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This year, average global temperatures surpassed 1.5 °C above pre-industrial levels for the first time. With action increasingly uncertain after a fractious UN climate summit, fashion is facing risks from overheated factories to consumer volatility. Stylish boutiques have transformed into donation centres and Los Angeles-headquartered brands’ social media feeds are full of lists of disaster relief organisations amid deadly fires that are already among the most destructive in the state’s history.
Some of our best sellers today are products we introduced five or six years ago,” Hallin said, adding that the brand will have more capital to fund special projects, storytelling efforts and attract key hires. The brand doesn’t expect its core product offerings to change following the investment. “I think the customer saw our value at a time when people were shifting away from limited edition sneakers and wanting a more subtle, mature attitude to dressing,” said Hallin.
Milan Day Four: Cracking Fashion Codes
The number of micro-trends has https://openwatermovie.co.uk boomed, and trending styles fluctuate in search volume by up to 300 percent in just 12 months, making it hard for brands to predict demand. The number of videos tagged #fashion on TikTok has increased 2.5x in the past three years. Ultra-fast-fashion players such as Shein are also shortening speed-to-market times to as little as 15 days. Finally, we also want to thank the BoF China editorial team, without whom we would never have been able to create and develop one of the most exciting media voices in the Chinese fashion industry.
Millions of low-cost fashion products are showing up in thrift stores and on resale sites, but that’s not curbing the industry’s primary growth. Fashionphile bet big in the wholesale category with its acquisition of Canadian B2B resale company LXRandCo, Inc. in November 2023. LXR specialised in selling secondhand designer handbags to department stores such as Lord & Taylor and Century21.
The Niche Fragrance Brands Set to Break Through in 2025
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It is a network of fashion creatives, business professionals and entrepreneurs around the world, delivering fashion business intelligence on emerging designers, disruptive technologies and global brands that are making their mark on the industry. He realised that he had a unique opportunity to break down the barriers by providing rigorous business journalism befitting an estimated $2.5 trillion fashion industry employing millions of people around the world. By bringing them together as one global community, he and his team could share and learn from each other as the industry was being disrupted by technology, shifting consumer values and globalisation.
The Business of Fashion
Its products are now sold in German department store Galeria Karstadt Kaufhof, for instance. But to kickstart its next stage of growth, Fashionphile is now investing in a physical retail footprint, including its own stores as well as selling wholesale to other retailers such as Saks Off Fifth and duty free shops. In 2025, Fashionphile will open new brick-and-mortar locations in San Francisco, Dallas, Atlanta, Boca Raton and Philadelphia. By the end of the year, it will have a footprint of 14 outposts in various formats.
In a new collaboration with Marni, the running brand known for its chunky, cushioned midsoles is looking to catch the eye of a new fashion audience — without compromising the performance DNA that’s made it an emerging sneaker powerhouse. Sales slid 6 percent in its second quarter, with a further 10 to 12 percent slide now forecast for the following quarter. The department store chain, led by new CEO Tony Spring, spent much of the first half of the year fending off a buyout bid from real-estate-focused investing firm Arkhouse Management and Brigade Capital Management.
The hot new brands favoured by early adopters are still nascent, with smaller social media followings, placement in niche retailers and offline cachet in trendy fashion circles. Spotting which ones are breaking ahead of the pack could mean tapping the next Byredo. The category accounted for 15 percent of overall spending on prestige beauty in 2024 per retail analytics firm Daash, and shows no signs of slowing down.