New York Fashion Week Will Be A Packed Return to Live Shows | BoF Professional, News & Analysis

After two seasons of digital shows, New York Fashion Week is set for a bold in-person return.

The Council of Fashion Designers of America (CFDA), in partnership with IMG, released the preliminary schedule, which runs from Sept. 8 to Sept. 12. Ulla Johnson is slated to open, while the closing slot — normally reserved for Marc Jacobs, who showed in July — will go to Tom Ford. In addition to the roster of usual brands that show in New York, Rodarte is returning from Los Angeles, while Moschino, Dundas and Peter Do are also hosting runway events in New York

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Report: Agnelli Heir Held Armani Tie-Up Talks to Build Luxury Empire | News & Analysis

Giorgio Armani Store. Shutterstock.

John Elkann, scion of Italy’s Agnelli family, has been exploring a possible tie up with fashion designer Giorgio Armani as part of a plan to build a luxury conglomerate potentially anchored around Ferrari, five sources familiar with the matter told Reuters.

Elkann, who chairs Franco-Italian car group Stellantis, offered to buy a minority stake in the Milanese fashion house led by 87-year old Giorgio Armani, but his latest proposal was rebuffed earlier this month, two of the sources said, speaking on condition of anonymity.

The deal would have established the Agnellis as major players in the

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Fashion’s Progress on Transparency Remains Slow | BoF Professional, News & Analysis

The pandemic shone an unflattering light on the fashion industry, as many brands’ panicked rush to cancel orders cascaded through the supply chain. The impact fell hardest on the vast workforce of largely female and poorly paid workers who labour in fashion’s factories.

Reports of mass layoffs, wage theft, union-busting and destitution for many who work in the industry sparked outrage among consumers and prompted brands to redouble commitments to sustainable and ethical business practices.

But more than a year since the start of the pandemic, those claims exist in an accountability vacuum, with brands still providing little information

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Australia Invests Big in Its Fashion Industry | News & Analysis

When Australian Fashion Week wound up in Sydney on June 4, the biggest event of the season was yet to come. Two weeks later, industry leaders were summoned to the city’s Powerhouse Museum where the New South Wales (NSW) state government announced that it would spend around AU$500 million (US$380 million) to turn the complex into a fashion and design hub.

“We’re resetting what a museum can and should be, not just for a community, but for an industry,” said Powerhouse chief executive Lisa Havilah. “We’ve looked at how we can support the fashion industry in multiple ways, increasing

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Hodinkee: Cultivating the Next Generation of Watch Fans | News & Analysis

This article first appeared in the special edition of The State of Fashion: Watches and Jewellery, co-published by The Business of Fashion and McKinsey & Company. To learn more and download a copy of the report, click here.

Hodinkee has stood apart in a largely analogue industry since its start as a personal blog founded by Benjamin Clymer in 2008, tapping into the passion of a dedicated community of watch enthusiasts. Today it is a diversified content-and-commerce business, known for its growing e-commerce arm, product collaborations and biannual print magazines serving a loyal, passionate audience. The business was valued over

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The Future of Watches and Jewellery: Adapting to Rapid Change | News & Analysis

This article first appeared in the special edition of The State of Fashion: Watches and Jewellery, co-published by The Business of Fashion and McKinsey & Company. To learn more and download a copy of the report, click here.

Key Insights

  • After suffering double-digit revenue declines due to the pandemic, both the fine jewellery and premium to ultra-luxury watch industries are poised for steady growth through 2025, though watches will be significantly slower than jewellery.

  • The rebound from the global pandemic will happen faster in some regions and consumer segments than others; the pace of growth for both sectors in Asia

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