With the growth of the niche adaptive clothing market comes new challenges for retailers, including making the process of online shopping more inclusive for people with varying degrees of disability as well as expanding the functionality and aesthetic appeal of individual garments. This study involved mining online reviews to understand the perspectives of adaptive clothing...
Lanvin Group has another party betting on its success. In the wake of Meritz Securities Co. committing $50 million in a private placement ahead of Lanvin Group’s NYSE listing this month, the Shanghai-based fashion group announced on Monday that Handsome Corp. – which has been the exclusive distributor of the Lanvin brand in South Korea since 2007 – will...
At LVMH, fashion and leather goods are the name of the game. While soft luxury is the clear bread winner for the group – driving almost 50 percent of its $71.5 billion in revenue in 2021, the luxury giant (and similarly-situated companies) is placing increased emphasis on hard luxury, angling to bolster its Watches and Jewelry division,...
The list of best-sellers on Amazon is different day-to-day – and it is not merely new trends replacing old ones. Instead, it is brands that did not exist until very recently pushing out other newly-launched and short-lived brands in order to take the top spots. What do almost all of these brands have in common?...
Rising inflation (and corresponding shifts in consumer spending), enduring supply chain disruptions, market volatility in China due to stringent COVID policies, and mounting unsold inventory are among the issues that retail companies are currently facing, putting them in precarious positions amid fears of recession. Luxury brands are known to generally weather economic downturns better than their mass-market retail counterparts, and those in other industries, but how well...
A leading fashion designer whose accessories were used by celebrities and characters in the “Sex and the City” TV series, was arrested in her hometown of Cali, Colombia, and faces extradition to the United States on charges of smuggling crocodile handbags, Colombian prosecutors said Friday. Nancy Gonzalez faces charges in the U.S. Southern District of...
Having trouble hearing? Just turn up your shirt. That’s the idea behind a new “acoustic fabric” developed by engineers at MIT and collaborators at Rhode Island School of Design. The team has designed a fabric that works like a microphone, converting sound first into mechanical vibrations, then into electrical signals, similarly to how our ears...
The Russian invasion of Ukraine has posed difficult questions for governments and private entities, alike, which have been forced to face “uncomfortable questions about just how willing they are to cut off the flow of Russian cash” – and in some cases, access to Russian commodities. While export-blocking sanctions on things like luxury goods have not been...
Condé Nast is slamming the right of publicity lawsuit that nearly 50 models filed against it and Moda Operandi last fall for allegedly using photos of them walking in the Spring/Summer 2020 runway shows in order to sell runway garments and accessories without their authorization. On the heels of the high fashion retailer and the magazine publisher pushing...
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...
