Asos Says It Will Take ‘Necessary Actions’ After 18% Drop in Sales
Asos has said it will take “necessary actions” to transform its fortunes after the fast fashion retailer’s first-half losses widened and sales fell by nearly a fifth.
Tim's Take
Marine Serre: From Radical to Pragmatist
Serre, who grew sales by 20 percent in 2023, has been named Pitti Uomo’s next guest designer. She’s using the opportunity to show her men’s collection for the first time.
Paris Fashion Week Says ‘So Long, Farewell’ With Chanel, Miu Miu and Louis Vuitton
Megabrands duke it out, but Miuccia Prada wins the day, writes Tim Blanks.
In Paris, Comme and Its Children
A handful of the most interesting designers showing at Paris Fashion Week owe a debt to Comme des Garçons founder Rei Kawakubo, writes Tim Blanks.
Creativity Is the New Luxury at Balenciaga
But the surging energy of the show ended in a strange, suspended moment, writes Tim Blanks.
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Seán McGirr’s Debut for McQueen: Anticipation and Controversy
Seán McGirr’s Debut for McQueen: Anticipation and Controversy
Bringing It on Home With Rick Owens and Loewe
But domestic bliss takes on more complex shadings when viewed through designer eyes, writes Tim Blanks.
Chemena Kamali Debuts at Chloé
Over the past 20 years, Chemena Kamali has worked for two creative directors at the brand. Now she gets her chance to shape it, writes Tim Blanks.
Making the Ordinary Extraordinary in Paris
Jun Takahashi, Dries Van Noten and Nicolas Di Felice make it impossible to see the everyday in the same way ever again.
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Lucien Pagès, the PR Prince of Paris
What does it take to be fashion’s favourite public relations guy? The man who weaves stories for the likes of Saint Laurent and Schiaparelli has become a story himself.
Dior and Saint Laurent: Designers Defiant!
At Paris Fashion Week, Maria Grazia Chiuri and Anthony Vaccarello went their own way in radically different style, writes Tim Blanks.
Milan Tries to Make Sense of the World
Bottega Veneta’s Matthieu Blazy finds hope in resilience, the Meiers swathe Jil Sander in security and Giorgio Armani goes back to nature, writes Tim Blanks.
Comings and Going in Milan
Adrian Appiolaza arrives at Moschino, Francesco Risso whites out reality at Marni and Donatella Versace still loves Prince, writes Tim Blank
The News in Brief
TikTok Divest-or-Ban Bill Heads to Fast Track in US Congress
The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson.
Lagardère Group Launches Egyptian Edition of Elle Magazine
The French publisher has appointed Tunis-based firm Nissa Editions Group as the local licensing partner and Cairo-based fashion media veteran Susan Sabet as both managing director and editor-in-chief of the new title.
Report: FTC to Consider Blocking Tapestry’s $8.5 Billion Capri Takeover
The US Federal Trade Commission (FTC) is preparing to sue to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri Holdings, NYT Dealbook reported on Wednesday, citing people familiar with the matter.
Harvey Nichols Appoints New CEO
Harvey Nichols has named Julia Goddard chief executive following the departure of Manju Malhotra — who held the post for 25 years — in late 2023.
Emerging Designer Platform The Folklore Raises $3.4 Million
The capital injection will strengthen the company’s earlier pivot from being an African designer e-commerce site to being a business-to-business venture helping emerging brands enter global retailers.
Adidas Is Seeing Hot Demand for Sambas and Yeezys
The German sportswear company now expects to generate operating profit of around €700 million ($743 million), an increase from the previous target of €500 million.
Sephora, Perfumes and Cosmetics Drive LVMH Sales Growth
Amid a luxury slowdown, strong performance by LVMH’s perfumes and cosmetics and selective retailing divisions show a healthy appetite for beauty.