The Business of Fashion

Many in the industry vowed early in the pandemic to slow down, reduce waste and implement change. Somehow, we wound up right back where we started, writes Imran Amed in his weekly letter. Sign up to get the full briefing in your inbox each Saturday, as well as a digest of The Business of Fashion's top stories across luxury, beauty, retail and sustainability this week.

A challenging wholesale environment is pushing more fashion brands to sell on marketplaces where they directly fulfil customers orders. But the model requires a higher level of collaboration between brands and retailers to make it a mutually beneficial investment. Read more https://lnkd.in/g3Zkfvtm

Scarcity, innovation and the right investors have allowed Vanguart, Biver Watches and other young brands to build top-end watchmaking businesses from scratch. Read more https://lnkd.in/g38Vp4Xj

Revenue fell 9 percent to $11.3 billion for the quarter ended Feb. 28. That’s better than the 11 percent drop that Wall Street predicted. Read more https://lnkd.in/gmUTTwbD

Swiss watchmaker Richard Mille is renewing its deal with Ferrari and its Formula 1 team. Limited quantities and savvy marketing plays have helped the brand build a $1.7 billion business—and steer clear of a downturn plaguing the luxury watch sector. Read more https://lnkd.in/g-hWWz5T

From Maison Alaïa’s Teckel to LEMAIRE’s Croissant and Prada’s Buckle bag, signature bag shapes can power growth and crystallise brand identity for luxury houses. Read more https://lnkd.in/g2bihPqN

While there’s no clear consensus on what longevity actually means, companies are cashing in on the ambiguity, profiting from a trend that promises more than it can deliver. Read more https://lnkd.in/gAeNyRsr

The former HSN host has built a loyal community – and racked up over $100 million in sales – by turning Instagram Live into a modern-day trunk show. Now, he’s eyeing the next frontier. Read more https://lnkd.in/gAKiVugA

There are only two weeks left to apply to The Business of Beauty Global Awards 2025. We are looking for founders that exude creativity, demonstrate strong business performance with a clear path to profitability and revenue, and are making a meaningful impact on their community and the industry at large. Apply for your chance to join us https://lnkd.in/gJZ6qimf

Brands like Parke and The Bar have turned a relatively ordinary item into a must-have for thousands of Gen-Z customers, building hype with limited drops and careful product design. Read more https://lnkd.in/g_tnPzie