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For a period of time, fashion rental seemed to be the answer to rapid trend cycles and consumers’ need for once-off occasionwear. Rent The Runway launched in the US in 2009, reaching unicorn status 10 years later. Where does this leave fashion rental platforms? Where does this leave fashion rental platforms?
Fashion brand Dion Lee has been sold to US-based Revolve Group, a year after it collapsed into administration. Founded in 2009 by then-Sydney-based designer Dion Lee, the brand has six stores in Australia, one in the US, and is sold through 160 outlets globally. Revolve did not respond to the AFRs request for comment.
They’ve been shaped/scarred by not one but two global economic traumas — the Great Recession of 2008-2009 and the COVID pandemic — and they’ve grown up with social media playing an increasingly large (and loud) role in shaping culture, including how these consumers shop, research and purchase products and services.
With its theme of Ya (Elegance), EP Yayings Autumn/Winter 2025 collection opened this seasons Shanghai Fashion Week, together with an alluring performance by a traditional Kunqu Opera singer and a guitar soloist. This was Chinas fashion industry, dressed in its cultural inheritance, stepping onto the world stage.
Driven by higher prices brought on by inflation, supply chain costs and other factors, shoppers in 2024 are cutting coupons and bargain hunting like they haven’t since the financial crisis of 2009 (if not earlier). But will creators be impactful in marketing an FMCG product purchased weekly at the supermarket?
Hoka was founded in 2009 with a single vision to make running long distances feel easier by crafting a shoe optimised for downhill speed but it didnt take long for its founders, Jean-Luc Diard and Nicolas Mermoud, to realise that its ultra-cushioned sole could translate to road running.
Since the establishment of a strategic partnership in 2009 Dalziel & Pow has continued to help Balabala renew its brand image. The giant pedestal customised lighting installations and brand-exclusive colour blocks collide to create a wonderful chemical reaction, building a fashion paradise full of childlike fun.
Decjuba has appointed Audrey Nania as its new CEO, marking the fashion retailer’s first change in leadership in almost 17 years and emphasising the brand’s female-led identity. Nania joined Decjuba as an assistant planner in 2009 and rose the ranks until she became a COO in June 2021, her latest role before the new designation.
Kasoulis joined the supermarket chain in May 2022 from John Lewis, where she held various leadership roles, including director of brand development and category director for fashion and beauty. Her career at John Lewis began in 1989 in fashion buying, and she later became brand director in 2009, followed by buying director for home in 2013.
Inditex The world’s largest listed fashion retailer was founded in 1985 in Spain by Amancio Ortega as a holding company for the Zara brand and its manufacturing plants. H&M The Swedish fashion retailer has its headquarters in Stockholm. The Mehta family controls 54.55 It was founded by Erling Persson in 1947.
The fashion retailers parent company Associated British Foods said an investigation was launched after a claim was brought forward against Marchant by an individual about his behaviour towards her in a social environment. ABF chief executive George Weston said: “I am immensely disappointed.
The company collects and recycles materials from the sports, fashion, and PPE industries, giving them a second life by diverting them from landfill. Since 2009, with our esosport brand, we have demonstrated how sports waste can be effectively recycled.
In 2011, the company changed its name to Ascena, which included such brands as Maurices, Justice (previously Limited Too), Lane Bryant Catherines, Fashion Bug Ann Taylor and Loft in 2015. To reflect its broadened merchandise assortment, the off-price retailer changed its name to Burlington Stores in 2009.)
The opening marks a significant milestone in the brands international growth and strengthens its presence in one of the worlds leading fashion capitals. Founded in 2009 by designer Milka Karaaal nce, the brand is known for intricate craftsmanship and modern styling.
Throughout 2009 and 2010 Project Impact rolled out across 600 U.S. And so, this gambit with Rebag is yet another attempt by Walmart to extricate itself from the sinking fortunes of the American underclass, while perhaps doing so in a less risky way than in 2009.
Currently, Kismet by Milka has 17 stores globally and over 100 points of sale, with their London expansion ensuring their presence in one of the worlds fashion capitals. Founded in 2009 by visionary designer Milka Karaaal nce, Kismet by Milka has become synonymous with craftsmanship and intricate designs.
He was previously chief executive of Cath Kidston and held senior roles across Levi’s, most recently serving as its SVP of commercial operations from November 2005 until January 2009. Wilson said: I am delighted to be joining Paul and the team at Represent and to be partnering with True.
Wilcox was also head of IT service delivery at Ann Summers from 2009 to 2011. Seasalt reported its total sales had climbed 10% year-on-year in the five weeks to 28 December 2024, driven by 46% increase in revenue from its marketplace partners.
Also launching in store is a collaboration with adidas , adding a fashion partnership element to the line up. Oasis, who originally disbanded in 2009, have sold over 75 million records globally and scored eight UK number one albums. Items available include T-shirts, hoodies, jackets and more.
Diversity Holiday Calendar 2025 As Featured Blog Archive ▼ 2025 (182) ▼ July (26) Say Hello to wegg® DOBO™ Meet the Global Style Hero to Fashion-Savvy Social. Entrepreneurs Should Know About Exporting Now (Businessweek, 12/3/13) Interview (Radio) Featured Post Introducing the No. Accelerates.
Tributes have been flowing in from around the world since Australian fashion icon Carla Zampatti passed away in Sydney on Saturday 3 April at the age of 78. Customers, past employees and leaders across various sectors, from fashion and politics to sports and media, have shared their memories of the acclaimed designer. CZ: Exactly.
Global luxury resale platform Vestiaire Collective is about to unveil a new initiative this week called Collective for Change, a series of monthly conversations around sustainable fashion and inclusivity taking place on Instagram Live. Fashion activism starts with knowledge exchange. This is driven by the growth of the resale market.
Fulfilment by GlamCorner now sees the platform handling the logistics of clothing rental on behalf of fashion brands, including warehousing, cleaning, shipping and returns, and giving brands their own rental stores, which they can embed in their e-commerce sites and promote to customers. The ‘Attenborough’ effect.
Founded in 2009 by then-Sydney-based designer Dion Lee, the unisex fashion brand has six stores in Australia and one in the US and is sold through 160 outlets globally. Dion Lee retail stores in Australia are expected to continue operating until late September or early October. Its online site will trade until early November, or later.
Chinese fashion giant Shein has been reported to be in talks with Mike Ashley’s Frasers Group to acquire the UK-based fashion platform Missguided. Missguided was founded in 2009 by Nitin Passi, the daughter of an Indian immigrant who set up the high street supplier By Design in the 1960s.
The Australian business of unisex fashion brand Dion Lee has been placed into voluntary administration, with the company’s financial status remaining undisclosed. Founded in 2009 by then-Sydney-based designer Dion Lee, it has six stores in Australia, one in the US, and is sold through 160 outlets globally.
Launched in 2009, THE OUTNET is owned by Italian online fashion retailer YOOX Net-a-Porter Group and focuses on curated selections of past-season designer apparel. Discount luxury e-tailer THE OUTNET is adding menswear to its lineup in the U.S. following similar expansions beyond womenswear in the UK, EMEA and Asia earlier this year.
Streetwear fashion label Afends is expanding its footprint by launching two stores in Sydney, including a store in The Galleries and a concept retail location on Newtown’s King Street. Opening the first store in 2009 in Byron Bay, Afends’s target customers are Millennials and Gen Z. Afends at The Galleries.
Schmidt joined Caleres in 2009 as the company’s SVP and General Manager of Image Brands, becoming President of Contemporary Fashion in 2010. He was named President of the Brand Portfolio in 2016 before taking on the role of President in 2020.
UK-headquartered online fast-fashion retailer Missguided has collapsed after a last-minute rescue backed by rival Boohoo – and potential bids by Shein, JD Sports and Frasers Group – all fell through. The post Missguided, alas: UK fast-fashion label collapses owing millions appeared first on Inside Retail. I am absolutely disgusted.”.
UK-headquartered online fast-fashion retailer Missguided has collapsed after a last-minute rescue backed by rival Boohoo – and potential bids by Shein, JD Sports and Frasers Group – all fell through. The post Missguided, alas: UK fast-fashion label collapses owing millions appeared first on Inside Retail. I am absolutely disgusted.”.
billion in its US initial public offering, as the fashion rental company looks to cash in on the rising interest in pre-owned clothing. The company, founded in 2009, lets users rent and shop second-hand clothes and accessories such as handbags and jewelry in over 18,000 styles from more than 750 designer brands.
The resale market is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030, far eclipsing the predicted $40 billion market for fast fashion. . This trend involves brands reselling previously owned products at a discount — and it’s caught on quickly.
H&M Group CEO Helena Helmersson believes business leaders need to work together to reduce the fashion industry’s impact on the environment. If the fashion industry really wants to reduce its environmental footprint, Roger Lee, CEO of garment manufacturing firm TAL Apparel, said it needs to have a system in place. “We, TAL Apparel.
Last November, international fashion resale platform Vestiare Collective shocked the apparel industry by banning the trade of ‘fast-fashion’ labels. Wone, who joined Vestiaire Collective in March 2020, said the ban underlines Vestiaire Collective’s founding mission – to drive collective change towards a circular fashion economy.
The susta i nable fashion market is set to become bigger and better than ever in 2024. This market comprises a number of sectors including resale fashion, clothing rental services, and retailers with a focus on environmentally friendly fabrics and production methods. billion in 2022 and is expected to grow to US$11.96
Vivy Yusof is the co-founder of FV Group, an omnichannel retailer that specialises in modest fashion. Duck is a premium modest fashion brand that offers an array of apparel, scarves, bags and halal cosmetics. Meanwhile, Lilit is a go-to destination for modest fashion staples.
For example, Forever 21 is getting involved by collaborating with the popular online game Roblox, allowing users to customize virtual fashion stores using Forever 21 products and then purchase the physical equivalents on their website.
Boasting a large selection of everything from ultra-affordable party dresses to £1 bikinis, this fast fashion e-tailer was the preferred choice of the Love Island cast and everyone who wanted to be on the show or wished to look like those on the show. Missguided was once Britain’s most visited online retailer. Self-inflicted wounds.
As a result, retailers need to rethink how they attract and retain customers by looking at data not just from recent months but also from the last time shoppers felt this much economic pressure — the Great Recession of 2008-2009. Retailers can better maintain loyalty when they have a strong understanding of the shopper and their needs.
Commercial property specialists Nelsons helped to make this move a reality for the fashion retailer by negotiating the lease within a month to meet the deadline for trading. As we become more aware of the impact of fast fashion on the environment, pre-loved has become the popular choice. The Leeds store is an important part of this.
Fashion retailer Revolve Group has acquired a majority stake in French luxury brand Alexandre Vauthier. The group said the acquisition will further differentiate it in the premium and high-end fashion market. The group said the acquisition will further differentiate it in the premium and high-end fashion market.
Richard Carucci, a VF board member since 2009 and interim chair during the organisation’s recent leadership change, has been named chair. Benno Dorer, who has been VF’s Interim President and CEO since December 5, will continue to serve on the board, a role he has had since 2017.
In contrast, a pair of fashionable shoes or home goods might invite a variety of considerations. Imagine embracing the principles of environmental circularity across a wide variety of products, implementing energy efficiency programs in stores and engaging supply chain management in a concerted fashion. Ingalls joined the firm in 2009.
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