The COVID-19 pandemic was responsible for a nationwide healthcare and economic slowdown. Surprisingly, even during months of quarantine and isolation as masks and face coverings became the norm, people continued to spend money on products to enhance their attractiveness and to seek out cosmetic procedures. “During the lockdown, doctor-patient interactions slowly resumed largely in the...
Art & Style
Makeup makes comeback in Mideast market as pandemic eases
While pandemic style saw people put on pajamas and their hair up in a bun, 2021 is more about mascara and lip liners — and makeup sales in the multi-billion-dollar Mideast market are beginning to improve. For women in the region — and particularly the Gulf Arab states — makeup is one of their biggest...
In its Nascency, Virtual Fashion is a Burgeoning Opportunity for Fashion and Luxury Brands
Interest in virtual fashion is at a high, with a growing number of consumers looking to entirely-digital offerings as the way forward at a time when consumers can seamlessly navigate between URL and IRL. With enduring growth in the gaming market and with the rise of the metaverse (i.e., shared virtual environments that people can access...
What Do the Opportunities and Risks Really Look Like for Brands in the Metaverse?
The NFT acronym has entered the common lexicon in the last few months thanks to a series of ventures that have made non-fungible tokens – “NFTs” – something of an avant-garde symbol of wealth. Brands are eyeing NFTs with fascination, and the rise of these unique digital tokens are dominating headlines across the globe. Yet,...
David Chase Might Hate That ‘The Many Saints of Newark’ Is Premiering on HBO Max – but It’s the Wave of the Future
The trailer for “The Many Saints of Newark” features the song “Money” by The Flying Lizards. One lyric poignantly captures the thematic heart of the prequel to the sprawling television series about mob boss Tony Soprano: “Money don’t get everything / It’s true / What it don’t get / I can’t use.” It also reflects...
What Was Really the Secret Behind Van Gogh’s Success?
Before developing his famed “drip technique,” abstract artist Jackson Pollock dabbled in drawing, print making and surrealist paintings of humans, animals and nature. According to a new study from Kellogg School of Management at Northwestern University, this period of exploration followed by exploitation of his new drip technique set up Pollock for a “hot streak,” or...
The Enduring Rise of Chrome Hearts is an Exercise in Amassing and Policing Branding
Over three decades after its founding, Chrome Hearts is in the midst of a surge in popularity. Last year, men’s fashion and streetwear marketplace Grailed put Chrome Hearts in the number 10 spot on its annual “Best Brands” list, a nod to the fact that the Los Angeles-based brand – which Grailed says is difficult to acquire due to...
A Running Timeline of Fashion and Luxury Mergers, Acquisitions & Investments
In November, a $1.15 billion deal came to light, bringing together Cartier’s parent company Richemont, Chinese e-commerce titan Alibaba, and fashion retail platform Farfetch. The headline-making transaction followed from reports that a “mega deal” was in the making. In addition to proving noteworthy because it brought together three very big names in the fashion sphere...
As Brands Adopt New Bangladesh Accord, a Look at How Disputes Are Handled by the Legally-Binding Pact
An updated version of the Bangladesh Accord will get a two-year term, following months-long back-and-forth between international brands and retailers, and local trade unions, in furtherance of the aim of “working towards a safe and healthy garment and textile industry in Bangladesh.” Primarily governing factories producing Ready-Made Garments, such as those used by H&M and Zara’s...
The Potential Downside of Design Competitions? The Risk of Rip-Offs
Chinese fast fashion giant Shein is making headlines this week after revealing that it is debuting a design contest of its own, one that will see emerging designers compete before a panel of judges, including Khloé Kardashian, designer Christian Siriano, former J. Crew creative director Jenna Lyons, stylist Law Roach and InStyle director Laurel Pantin, in order for...