Fashion

Penny-pincher or deal king? Arnault gets his discount in Tiffany takeover – Reuters

Some observers said Arnault’s determination to win a discount from his pre-Covid offer price may cost LVMH, which has built an empire now comprising 76 brands, the ability to court future takeover targets in a highly fragmented sector boasting a large percentage of family-controlled companies.

Others however disagreed, saying Arnault – who is betting the French giant can restore Tiffany’s lustre by investing in stores and new collections – had still managed to get what he wanted. Tiffany also did not want to get bogged down in a potentially drawn-out judicial process whose outcome remained uncertain.

The truth about Dolce & Gabbana – TheList.com

Domenico Dolce and Stefano Gabbana founded the Dolce & Gabbana label and presented their first women’s collection in 1985. Their first boutique opened in Tokyo in 1989, and by 1990 the label had grown to include a menswear collection, a lingerie collection, and a beachwear line (via globalblue.com). The designer brand was seen on runways and …

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Bulgari Continues Its Epic Roman Patronage With the Priceless “Torlonia Marbles” | Architectural Digest

Considered one of the world’s most important private collections of Greco-Roman art and rivaling the collection of the Vatican Museums, the marble sculptures, busts, reliefs, vases, and sarcophagi are setting out in the first phase of a grand tour of the world’s museums. Of the more than 600 artworks owned by the Torlonia family, 92 have been restored to their original splendor.

The Improbable, Slightly Surreal Plan to Save Fashion’s Printed Matter – New York Times

The new International Library for Fashion Research in Oslo, the brainchild of a fashion odd couple, has very big ambitions. The three men arrived at the front door of Steven Mark Klein’s sublet on the Lower East Side of Manhattan on June 29 in full personal protective equipment, ready to pack up his piles: the …

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‘When people see second-hand clothes, they think poverty’: China has millions of tons of discarded clothing no one wants – South China Morning Post

‘When people see second-hand clothes, they think poverty’: China has millions of tons of discarded clothing no one wants. China’s love for fast fashion sees 26 million tonnes of clothes and footwear thrown away every year, less than one per cent of which is reused or recycled. Only charities in China can sell used clothing, …

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Influencers Are the Retailers of the 2020s – Vogue

When influencers started appearing in street style photos and getting front row seats at Fashion Week in the early 2010s, the talk was that they would soon replace editors. Come 2020, that hasn’t really happened; there may be some overlap between the two jobs, but they’re still quite different (at least, this editor thinks so). Generally speaking, …

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Salvatore Ferragamo teams up with Microsoft to enhance made-to-order – FashionUnited

Micaela le Divelec Lemmi, chief executive of Salvatore Ferragamo, said in a statement: “Craftsmanship and innovation have always distinguished our Tramezza shoe collection and thanks to the collaboration with Microsoft and Hevolus, we will be able to assist our customers even more effectively, offering highly immersive and personalised experiences.

“The Tramezza – Future Of Craft project is part of our digital transformation path aimed at constantly innovating the service to our customers and is already offering significant benefits in various areas: from the optimisation of the customer journey in an omnichannel perspective to better management of space in physical stores, from the simplification of purchasing methods to better customer service, up to a rise in conversion rates.”

Should Luxury Build Resale Into Its Business Model? – BoF

This week, Gucci launched a partnership with The RealReal, betting that the rewards of engaging with the second-hand market outweigh the risks. Resale is shaping up to be one of the big winners of the pandemic. Even as wider fashion sales slump significantly, the secondary market is exploding. According to a recent report by ThredUp, …

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