Vogue Business

The coveted ‘Made in Italy’ label faces increasing scrutiny and existential challenges, from #supplychain scrutiny and evolving EU regulations to #climatechange and threats to heritage craft. During this special live episode, Bella Webb will unpack her latest series with special guests from the industry, exploring what these pressures mean for the future, and #sustainability, of luxury #fashion. 

Can brands encourage mass circularity through savvy marketing? Next week during #VogueBusiness's Fashion Futures event in London, Kirsty McGregor will sit down with Depop CMO Peter Semple to discuss how the resale brand has uses its #marketing channels to promote circulatory within the #fashion industry. During the event, taking place on Wednesday, 4 December at Somerset House in London, find out how different stakeholders in fashion are working together to make their goals a reality, and what comes next. Find out more, discover the full agenda and reserve your place now: https://lnkd.in/gVJqbFtg Photos: Phil Oh.

Is #BlackFriday getting more and more intense? Sales start earlier, last longer, and drive prices down further. This year, analysts and experts predict that the #shopping event will trigger a spike in sales despite a global slowdown in demand for #luxury goods, as well as ongoing shipping and logistics challenges. Black Friday is a behemoth of overconsumption. Certain brands have always opted to shut up shop on Black Friday or refused to put items on sale, but there is a growing middle ground, where companies try to leverage the increased footfall and consumer attention to promote more sustainable or circular practices. Here, Bella Webb highlights five alternative ways to engage: https://lnkd.in/eTQc82Cn

Fashion #NFTs have historically launched to a lot of flashy enthusiasm and fanfare, but since then, it has been a very different world — and it looks to be changing again. For the next live episode of the Tech Edit on LinkedIn, Maghan McDowell and Madeleine Schulz will explore the evolving climate within #fashion NFT drops, in light of the recent rise in crypto valuations and following a major lull in brand projects. What’s next? Join us to hear everything to know. 

Michael Kors has a new CEO - here's why the appointment matters. Capri Holdings Limited has announced a leadership shakeup at its struggling Michael Kors brand. Cedric Wilmotte is stepping down as CEO after almost two years, to be replaced by Capri CEO and chairman John Idol. Capri Holdings Limited, which also owns Versace and Jimmy Choo, teamed up with Hong Kong private equity firm Sportswear Holdings to acquire Michael Kors in 2003 for $100 million. Idol served as CEO of the brand until 2021 when he appointed Joshua Schulman to the role — part of a wider succession plan. Here, Maliha Shoaib has why Idol's re-appointment at the brand matters: https://lnkd.in/eX5bFgYu

Are large-scale creators losing their grip on the #beauty industry? In beauty content creation, size no longer matters. Engagement with beauty content from nano and micro-influencers is far outpacing that of those with larger followings, according to influencer marketing platform Traackr’s ‘The Beauty Influencer Engagement Rate Benchmark’ report — a trend it expects to continue/accelerate in 2025. This is partly because their content is less polished. According to the report, those influencers ranging from mid-sized up to VIP have seen a slight decline in engagement rates this year, compared with 2023. Here, Nateisha Scott explores how brands can navigate the findings: https://lnkd.in/e6BgWFGd

'It-girl' favourite Saks Potts is shutting down. After a decade in operation, the fashion brand is set to close in spring 2025. For Saks Potts, it wasn’t a financial decision. In fact, the brand says it has achieved consistent annual sales growth of 25% since its founding in 2014 and that 2024 is set to be its strongest financial year yet. “Barbara Potts and I started #SaksPotts when we were very young — we were 19 and 20 years old and we’ve done this throughout our whole 20s,” says Cathrine Saks. “It truly has been the best 10 years of our lives, but we are also now at the stage where we feel it’s time to look at the next 10 years. We’re both creative people and want to reinvent ourselves continuously.” Here, Maliha Shoaib explores the decision and what's next: https://lnkd.in/ejEf2KCS

Wild West Social House offers a members-only, luxury take on rental. Can it translate its clubhouse charm online? Co-founders Max Feldmann and Kyle Julian Skye want to change the way people build wardrobes. That is to say, they don’t want people to build them at all — at least not in their own closets. “Everyone’s closets have always been plan A and if, worst comes to worst, you would go and buy something — plan B,” Feldmann adds. “For our members, Wild West is their plan A, and their closet is plan B. It completely reverses the mindset.” In August 2023, they launched Wild West, a luxury fashion proposition that is part members’ club, part clothing rental. Fast forward to September 2024, Wild West took over the old Hollywood Foreign Press Association building for its first permanent flagship. The clubhouse carries about 4,500 #luxury garments, shoes and accessories (the goal is to hit 10,000 by next summer), and there are fitting rooms, tailoring services and a parlour for members with food and drink. It also has a gallery space. Here, Madeleine Schulz sat down with the founders to delve into the strategy: https://lnkd.in/eENmFDSp Photos: Alyssa Greenberg.

This just in: After a two-year hiatus, LANVIN is returning to #ParisFashionWeek. Peter Copping, the seasoned British designer who joined the house as artistic director in September 2024, will present his debut collection for Lanvin in a co-ed show at the tail end of Paris Fashion Week Men’s in January. The timing — ahead of couture week, which will take place from 27 to 30 January — is strategic. “We’re the oldest French couture house, even if we’re not doing couture and we’re not on the couture calendar,” Siddhartha Shukla, deputy CEO of Lanvin, tells Laure Guilbault. The January show will be “a real pivotal moment for the house” that will present “a unified world of Lanvin, across gender and categories that demonstrate the singular universe of Lanvin”, according to Shukla. It will also include “an important offering of a new accessories line in terms of bags and shoes”. Here's everything we know so far: https://lnkd.in/erZpHAPD

Ribbon! Raspberry Jelly! Toast! Espresso! And now, Cinnamon Roll! #HaileyBieber's rhode skin lip tints have #beauty consumers hooked. On TikTok, this week’s trending beauty hashtags reflect consumer interest in personalised routines, trending aesthetics and ingredient-led experimentation. This week, #HaileyBieberLipCombo has risen the ranks on the #socialmedia platform gaining 131.5K views (+4K% WoW), showcasing the influence of aspirational celebrity-driven trends and bold, expressive looks. Rhode has teamed up with scientific experts to build credibility and leant on a star ingredient, peptides. The brand also embraces a less-is-more attitude, driven by Bieber’s “one of everything really good” skincare philosophy, which encourages a simpler routine. Here, The #VogueBusiness Beauty Trend Tracker breaks down the weekly beauty categories that consumers are buying into, plus the top five #TikTok trends each week: https://lnkd.in/esKb-wKk