Coperni launches rental offer with Hurr

Coperni SS23. Images: Coperni Parisian luxury label Coperni has joined the rental market through a new exclusive partnership with UK-based rental platform Hurr. The brand, which has become known for its viral runway moments and strong line up of celebrity fans, will now offer a curated edit through the site, including pieces from its current spring/summer 2023 collection. Next to this, items from Coperni’s archive will also be available for rent, namely the brand’s popular Coperni Swipe bag which has made regular runway appearances. Initially launched in 2017 by CEO Victoria Pew, Hurr has developed itself into an established tech-first platform, striving for the mission of becoming “the Airbnb of fashion”, as Pew told Forbes back in 2019. Initially starting out as a peer-to-peer platform, Hurr introduced a white-label service in 2021, allowing retailers to get involved with its rental offer. The site has now welcomed a series of notable partnerships with both premium and luxury brands, from Selfridges and John Lewis to & Other Stories and Mulberry. Its expansion was further fueled by a four million pound funding round later in the same year, which it used to expand its operations and develop its proprietary technology.
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NIQ launches Beauty Trailblazer Programme to support minority-owned brands

Cosmetics cream. Image: Unsplash Market research and data analytics platform NielsenIQ (NIQ) has launched a new Beauty Trailblazer Programme to support minority-owned beauty brands through access to data sets. The three-month programme is open to emerging brand leaders, with selected finalists to gain access to the platform’s data, as well as support from data professionals and mentorship from industry leaders. In a release, the company said that it hopes participants will be able to “supercharge their business plans” through the programme, while also building brand awareness and growing their network. Speaking on the initiative, Kymberly Graham VP, head of diversity initiatives at NIQ, said: “We are thrilled to launch the Beauty Trailblazer Programme and provide support to emerging minority-owned brands in the CPG industry. “We believe that this programme will not only help these brands grow their businesses, but it will also bring diversity and equity to the industry.” To be considered for the programme, brands must be minority-owned and generate less than 20 million dollars in annual sales.
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Destination XL's Q4 comparable sales increase by 10.8 percent

Image: Destination XL retail store. Image credit: Calvin L. Leake via Dreamstime For the fourth quarter of fiscal 2022, total sales were 143.9 million dollars compared to 133.5 million dollars for the fourth quarter of fiscal 2021. Comparable sales for the quarter increased 10.8 percent, driven by a 13.2 percent comparable sales increase from stores and a 6.2 percent increase in the direct business. For fiscal 2022, total sales increased 8.1 percent to 545.8 million dollars, while comparable sales increased 10.9 percent, with stores up 11.3 percent and the direct business up 9.9 percent. “We exceeded our sales and margin plan this year, in both our stores and direct business, with an increase of 10.9 percent in comparable sales which we believe was driven by the brand’s strategic transformational repositioning,” said Harvey Kanter, the company’s president and chief executive officer. “We are planning for sales in fiscal 2023 of 550 million dollars to 570 million dollars and an adjusted EBITDA margin of 12.5 percent to 13.5 percent,” Kanter added. DXL's fourth-quarter and fiscal 2022 results The company said, sales for the quarter started slowly with comparable sales for November up 2.7 percent, but accelerated 10.8 percent in December and then up 23.7 percent in January. The incremental increase in comparable sales in January was largely driven by store traffic. All regions of the country performed well in the fourth quarter with the southeast and south central stores our strongest performers. The company added that the growth in the direct business of 6.2 percent was driven primarily by web and app. Similar to the fourth quarter, all regions of the country performed well in fiscal 2022 with southeast, south central and northeast stores our strongest performers, and direct growth driven primarily by web and app. Net income for the fourth quarter was 8.3 million dollars or 13 cents per diluted share compared to 9.9 million dollars or 14 cents per diluted share. Net income for fiscal 2022 was 89.1 million dollars or 1.33 dollars per diluted share compared to 56.7 million dollars or 83 cents per diluted share. Adjusted EBITDA for the fourth quarter was 14.2 million dollars compared to 14.3 million dollars for the fourth quarter of fiscal 2021. For fiscal 2022, adjusted EBITDA was 73.8 million dollars compared to 76.9 million dollars for fiscal 2021. Over the next three to five years, based on our preliminary store development plan, the company could potentially open up to 50 net new stores. For fiscal 2023, the company plans to convert 10 of the existing casual male XL stores to DXL stores, remodel five existing DXL stores, close five stores and open three new DXL stores.
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Morocco Fashion Week highlights the talents of the Arab world

Image: Designer Lamia Lakhsassi and her models | Credit: Paul Tomasini While being a field of inspiration for many French designers, Morocco is now also setting up its own Fashion Week. The second edition took place on March 10 and 11, 2023, in Marrakech. The cosmopolitan event offered visibility to 17 designers, with the intention to make the Arab creations shine beyond the borders of their country. The event started in the M Avenue, a newly built promenade lined with fashion boutiques, located outside the Medina, which is conveniently in close proximity to a slew of prestigious hotels. Its brand new cultural building, the Meydene, hosted the ready-to-wear shows on Friday March 10. The scouting of new locations for the Morocco Fashion Week are in full swing and are organised by the Oriental Fashion Show. The Paris-based association is known to French industry professionals as it has already planned the shows several times in the capital before. With 18 years of experience, the Oriental Fashion Show is now the official organiser of the Morocco Fashion Week. Its president, Hind Joudar, confirmed to FashionUnited that the name "Morocco Fashion Week" has been registered at the INPI (Institut National de la Propriété Industrielle). Image: Design by Marine El Himer | Credit : Paul Tomasini Modest fashion amid diverse designers Many designers showcased modest fashion pieces, which are garments that are meant to cover up the majority of the body. Some of the outfits were accessorised with hijabs and aimed at Muslim women, an important target audience since the global Muslim population is now estimated at 2 billion people. This demographic group is quite young: 70 percent of its population is under 40 years old, while generations Z and Y represent 50 percent, according to figures from the Mastercard-Crescentrating Global Muslim Travel Index 2022 report. The range of offered caftans and abayas was as varied as the origin of its designers. Part of the creators were not only Moroccan but also Palestinian, French, Lebanese and Kazakhstani. To be found on the catwalk: established designers like Bernard Jabbour (Lebanon) as well as young graduates who came to participate in a competition for young talents. The announced winner was Donia Shehadeh, who created satin evening dresses with voluminous needle work and sensual cuts. She will have the opportunity to present her collection in France, during the Paris Fashion Week, and in the Oriental Fashion Show. Image: On the right, designer and winner of the contest: Donia Shehadeh | Credit: Paul Tomasini Donia Shehadeh studied fashion at the Accademia Di Moda, located in Nazareth, which was founded by Saher Okal, the winner of Project Runway Middle East, season two. He says: "I was in Italy to study fashion and it was very difficult for me. I received a scholarship from someone to study fashion in Italy and the moment I started learning, I thought 'I have to help all the new talents in my country'. That's why I decided to open a fashion academy in Palestine. Not everyone can afford to travel somewhere else to study fashion, so I thought I should help people in my country to learn about design on the spot, at home, in my country." On March 11, Omri Elayan, another Palestinian designer, took the runway under the lavish chandeliers of the Royal Mansour, a historic luxury hotel in Marrakech. The fashion designer from the Shfaram region in the Galilee is, according to a press release, considered the "first designer of men's clothing in Palestine". His collection revolved around dark suits, embellished with sequined embroidery, feathers and transparent materials and included a line of items for both men and women. Image: Collection by Omri Elayan | Credit: Paul Tomasini Another name to remember is that of Zineb Hazim. The designer of Moroccan origin and Italian nationality seduced the public of Meydene with the creativity of his modest fashion. Her collection named "Abaya Street Couture" was composed of non-revealing outfits, dotted with golden or bright blue sequins. The play of materials and the imposing volumes exposed a stomach or a leg from time to time, demonstrating that modest fashion could address all women. Image: Designer Zineb Hazim and her models | Credit: Paul Tomasini The project of an Arab Fashion Week consortium The biannual event that now represents the Morocco Fashion Week seems set to last in the future. Hind Joudar additionally announced a major upcoming project, the introduction of a consortium of Arab Fashion Week. "With Morocco Fashion Week, Kazakhstan Fashion Week, Azerbaijan Fashion Week and Tajikistan Fashion Week, we are building a project called Fashion Industry. In collaboration with all the talents of these different regions, we are in the process of making a designer exchange partnership," says Hind Joudar. The president says: "We have been working for 18 years in the organisation, the label Oriental Fashion Show, and thanks to it we were able to support the development of Azerbaijan Fashion Week and Kazakhstan Fashion Week. We have always been by their side." The Fashion Industry project will be "kind of like a fashion Erasmus" explains Hind. The Morocco Fashion Week will send its Moroccan designers to other capitals of the Arab world as Kuwait and will continue to cast foreign designers. She adds: "It is a synergy between young talents. There is a new generation that sees fashion differently, we are no longer in large institutional houses as before. Now, young people want to be free, but we must support them. This Fashion Week will be a platform of visibility for them.” Image: Collection by d'Omri Elyan | Credit: Paul Tomasini Julia Garel was invited by the Oriental Fashion Show and travelled to Marrakech. This article originally appeared on FashionUnited.FR. Translation and edit by: Cenia Zitter.
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Caleres enjoys ‘record-setting’ year following bumper Q4 sales

Image: CEO Jay Schmidt and former CEO Diane Sullivan | Credit: Caleres US footwear group Caleres has reported record sales in both its Q4 and full-year results. The company made net sales of 696.4 million dollars in the quarter ended January 28, up 2.5 percent from the 679.3 million dollars it made a year earlier. Breaking it down by segment, Famous Footwear segment sales increased 0.1 percent, while Brand Portfolio segment sales rose 6.4 percent. Direct-to-consumer (DTC) sales represented approximately 75 percent of total net sales in the period. The group’s net earnings in the quarter widened to 40.8 million dollars from 33.9 million dollars a year earlier. For the full year, the company posted a 6.9 percent increase in net sales to 2.97 billion dollars, with net earnings of 181.7 million dollars, up from 137 million dollars. ‘Record-setting’ 2022 Chief executive and president Jay Schmidt told investors: “Caleres closed a record-setting 2022 with another quarter of strong sales and earnings performance that exceeded initial expectations. “Our fourth quarter results were led by our Brand Portfolio, which experienced strong growth in sales, gross margin, and earnings, and a solid performance from Famous Footwear, which continues to provide the brands, trends, and value aligned with consumer preferences.” Looking ahead, the company now expects consolidated net sales to be flat to up 2 percent for the current year, while it expects earnings per diluted share to be in the range of 4.10 dollars to 4.30 dollars. “This outlook balances strong momentum in our business and structural improvements in our earnings ability against anticipated headwinds that include inflationary pressures, higher interest rates, and continuing uncertainty in the macro-economic environment,” the company said.
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Khaite snaps up new investment partner to support next growth chapter

Khaite AW23, New York Fashion Week. Image: Hanna Tveite, Khaite New York brand Khaite has reportedly secured a new investment partner to support its next stage of growth. Stripes is believed to be the growth equity firm behind the move, set to provide funding that will help Khaite embark on a new chapter of business. Founder of the brand, Catherine Holstein, told WWD: “This is an exciting chapter for Khaite. “After opening the first store on Mercer Street in February, we are strategically looking ahead to continue to grow and strengthen our presence on a global scale.” Stripes already has a strong foothold in the industry, with past investments in the likes of intimates brand Parada and footwear company On. Its operating partner, Brigitte Kleine, has also served as president at Tory Burch, Michael Kors and Alexander McQueen, among others. Founded back in 2016, Holstein launched Khaite alongside an initial investment from Adam Pritzker of Assembled Brands, who told WWD that Stripes would be “leading the next phase for this company”. Pritzker added: “Co-founding and building Khaite has been an honour. In partnership with Cate, we accomplished the extremely audacious goal of building the foremost American luxury brand. “The next stage of investment will further accelerate Khaite’s expansion and ensure greater visibility for an already iconic brand that is redefining American luxury.”
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Louboutin on 30 years of red obsession

Image: Christian Louboutin It was 30 years ago that Christian Louboutin borrowed his assistant's nail varnish to fix a problematic sole and inadvertently created a design that would make him globally famous. It was 1993 and Louboutin, then 30, was examining a pink and purple shoe prototype. The black sole was too dominant, he felt, and so called for his assistant. "I took the nail polish and erased the black. I wasn't thinking to add the red," he recalled to AFP in his brightly decorated Paris apartment. "But suddenly it was a revelation!" The earlier idea of releasing a different colour sole each season never materialised. "People who don't like to wear colours still like red," he said. "The obsession began with the fact that red is more than just a colour for me. "I have very early memories of women dressed in black but already with red nails and lips. It began with cinema, the actresses of the 1950s like Sophia Loren." He marked the 30th anniversary of his famous red sole this week with a dance performance at the Opera Comique and will soon open his first hotel in Portugal named "Vermelho" (Red). The black stiletto with the red sole remains his best-selling model, despite the range of flats and mid-heels. He rejects the idea of heels as anti-feminist, saying he delights in seeing customers put on a pair of stilettos and admire themselves "front, profile and back" without caring what their "husband, boyfriend or girlfriend will think". Or little girls trying on their mother's heels without anyone telling them to: "There is a kind of infantile pleasure in seeing life from a little higher up." For him, heels are a symbol of female empowerment. He thinks of Tina Turner in her heyday, or Beyonce now, teetering on heels but incarnating "feminism, much more than someone who lets themselves go". With the passing of lockdowns and lounging around in pyjamas, it is time to celebrate, he added. His new collection, inspired by flamenco, sees him collaborate with Rossy de Palma, the flamboyant Spanish star of many Pedro Almodovar movies. "I like singular people, and there is only one Rossy," he said. "Someone who exudes amusement, pleasure, laughter, everything."(AFP)
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Express COO Matthew Moellering to retire in May

Image: Express store, Business Wire Fashion apparel retailer Express, Inc. has announced the retirement of the company’s president & chief operating officer, Matthew Moellering, effective May 5, 2023. “Matt has been an exceptional leader who has made significant contributions over the last 20 years including being a key driver of the Expressway Forward strategy and an integral part of our transformation. He has also been an invaluable thought partner to me over the last three years, offering the full breadth of his experience and perspective, and I appreciate his conviction for our corporate strategy and his commitment to ensuring a smooth transition for his successor,” said Tim Baxter, the company’s chief executive officer. Moellering, the company said in a statement, has been with Express since 2003 and was appointed to his current position in September 2019. He served as interim CFO from October 2021 to March 2022 and interim CEO & president from January – June 2019; was appointed as COO in 2011 and previously served as CAO & CFO from 2009 to 2011, and CFO from 2007 to 2009. “I have had an incredible experience over these last 20 years and especially enjoyed the last few years working with Tim to launch and advance the Expressway Forward strategy, and with this executive leadership team to transform the Express brand and begin a bold new chapter that will transform the company. I am confident that the new strategic partnership with WHP Global will create a bright future and position the company well moving forward,” added Matt Moellering. The company added that he was an instrumental member of the executive leadership team that took the company public in May of 2010. Prior to joining Express, he held leadership roles at Procter & Gamble from 1995 to 2003. Moellering was also an officer in the United States Army and is a graduate of the United States Military Academy and the Fuqua School of Business at Duke University.
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Arezzo acquires Italian footwear label Paris Texas

Image: Paris Texas via Paris Texas Facebook Arezzo, the Brazilian footwear conglomerate, has taken a majority stake in buzzy shoe label Paris Texas. Arezzo & Co. invested 25 million euros to acquire 65 percent of the Italian label founded in 2015, according to Footwear News. Sales by the young company are thought to be around 15 million euros in 2022. Paris Texas was launched Annamaria Brivio with backing by Massimo Baltimora, of Baltimora Studio, both of whom will stay on as executive officers of the brand until at least the end of the fiscal year of 2027. This is Arezzo’s first international acquisition, which has seen the company achieve record growth last year. In Q3 2022 Arezzo said it sold 5.8 million pairs of shoes and 826,000 handbags. Overall sales increased 47 percent to 1.4 billion reals, approximately 252 million euros. The brand describes itself as Parisian elegance meets the Western wild spirit in a unique creation called Paris Texas.
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Kontoor Brands revenues increase but China lockdowns weigh on results

Image: Kontoor Brands; Lee and Wrangler retail store in Berlin For the fourth quarter, Kontoor Brands reported revenue of 732 million dollars, a 7 percent or 9 percent increase in constant currency over the same period in the prior year. The company said, revenue increases were primarily driven by strength in domestic wholesale and digital, somewhat offset by decreases in international with the continued impacts of lockdowns and restrictions in China weighing on the quarter. For the full year, revenue was 2.63 billion dollars, a 6 percent or 8 percent increase in constant currency over the prior year. The company added that revenue increases were primarily driven by strength in digital, as well as strength in U.S. wholesale offset by a decrease in non-U.S. wholesale with the continued impacts of lockdowns and restrictions in China weighing on the year. “We finished 2022 strong, as fourth quarter revenue and EPS came in significantly above our plan. Despite unprecedented macroeconomic challenges, we are delivering on many of our long-term goals, with 2022 revenue and earnings ahead of our Investor Day targets,” said Scott Baxter, president, CEO and chair of Kontoor Brands in a statement. Highlights of Kontoor Brands Q4 results For the fourth quarter, U.S. revenue was 605 million dollars, increasing 16 percent over the same period in the prior year, with gains in both the Wrangler and Lee brands. U.S. wholesale increased 17 percent, including strength in U.S. digital wholesale of 66 percent compared to last year. These gains were augmented by continued strength in U.S. own.com revenue, which increased 19 percent compared to the same period last year. International revenue was 127 million dollars, a 20 percent or 12 percent decrease in constant currency over the same period in the prior year. China decreased 33 percent or 25 percent in constant currency, driven by impacts from the Covid lockdowns and restrictions in the region. Europe decreased 15 percent or 4 percent in constant currency, with wholesale pressures more than offsetting constant currency gains in DTC. Wrangler brand global revenue was 509 million dollars, a 15 percent or 16 percent increase in constant currency with Wrangler U.S. revenue increasing 19 percent, primarily driven by increased shipments in U.S. wholesale, with broad-based channel and category strength including western, outdoor, workwear and T-shirts. Wrangler international revenue decreased 17 percent or 9 percent in constant currency, with gains in DTC more than offset by decreases in wholesale channels. Lee brand global revenue was 219 million dollars, a 6 percent or 3 percent decrease in constant currency. Lee U.S. revenue increased 5 percent compared to the same period last year, primarily driven by digital. Globally, non-denim categories such as T-shirts experienced significant year-over-year gains in the quarter. Lee international revenue decreased 21 percent or 13 percent in constant currency, driven primarily by reductions in China due to the impact of Covid restrictions. Other global revenue was 4 million dollars, a 19 percent decrease compared to the same period in the prior year. Gross margin decreased 200 basis points to 40.8 percent of revenue compared to the same period last year. Compared to adjusted gross margin in the fourth quarter 2021, gross margin decreased 180 basis points. Operating income was 85 million dollars on a reported basis and 86 million dollars on an adjusted basis. Adjusted operating margin of 11.7 percent increased 110 basis points. EBITDA was 95 million dollars on a reported basis and 93 million dollars on an adjusted basis. Adjusted EBITDA margin of 12.7 percent increased 60 basis points. Earnings per share were 91 cents on a reported basis and 88 cents on an adjusted basis compared to reported EPS of 75 cents and adjusted EPS of 88 cents, in the same period last year. Full year review of Kontor Brands’ performance Full year U.S. revenue was 2.07 billion dollars, increasing 11 percent over last year, with gains in both the Wrangler and Lee brands. U.S. wholesale increased 11 percent compared to 2021, including strength in digital wholesale which increased 23 percent compared to last year. U.S. own.com revenue increased 23 percent compared to 2021. International revenue was 557 million dollars, an 8 percent or 1 percent decrease in constant currency over the prior year. China decreased 23 or 20 percent in constant currency compared to 2021, driven by the impacts of Covid lockdowns and restrictions in the region. Europe decreased 5 percent or increased 7 percent in constant currency over the prior year, with DTC driving the constant currency gains. Wrangler brand global revenue was 1.75 billion dollars, an 11 percent or 12 percent increase in constant currency, driven by U.S. wholesale and global Wrangler own.com which increased 25 percent. Wrangler U.S. revenue increased 13 percent compared to last year. U.S. Wrangler.com increased 27 percent compared to last year. Wrangler international revenue decreased 1 percent or increased 8 percent in constant currency compared to 2021. Lee brand global revenue was 874 million dollars, a 1 percent decrease or 1 percent increase in constant currency from the prior year. Lee U.S. revenue increased 7 percent, primarily driven by digital. U.S. Lee.com increased 13 percent compared to last year. Lee international revenue decreased 12 percent or 6 percent in constant currency from 2021, driven primarily by the reductions in China due to the impact of Covid lockdowns. Other global revenue was 11 million dollars, a 17 percent decrease compared to the prior year. Gross margin was 43.1 percent of revenue, a decrease of 160 basis points. Operating income was 357 million dollars on a reported basis and 372 million dollars on an adjusted basis. Adjusted operating margin of 14.1 percent decreased 10 basis points. EBITDA was 390 million dollars on a reported basis and 402 million dollars on an adjusted basis. Adjusted EBITDA margin of 15.3 percent decreased 30 basis points compared to the prior year. Earnings per share were 4.31 dollars on a reported basis and 4.49 dollars on an adjusted basis compared to 3.31 dollars and adjusted EPS of 4.28 dollars, in the prior year. Kontoor Brands expects FY23 revenue to increase at low-single percent For 2023, the company said, revenue is expected to increase at a low-single digit percentage over 2022 with growth fairly balanced between the first and second half. The company expects first half growth to be driven by the U.S. with continued momentum in POS, share gains and digital, somewhat tempered by softness in China as the region continues to recover from Covid lockdowns and restrictions. During the second half of 2023, the company assumes macro consumer demand conditions to be more challenged in the U.S., with the China market fully reopening. Gross margin is expected to be in the range of 43.5 percent to 44 percent, increasing 40 to 90 basis points compared to gross margin of 43.1 percent in 2022. EPS is expected to be in the range of 4.55 dollars to 4.75 dollars.
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Fashion industry-backed Black Carpet Awards takes place for first time

Michelle Ngonmo and Tamu at the Black Carpet Awards. Image: Afro Fashion Association The Black Carpet Awards, an event created by the Afro Fashion Association, took place for the first time on the evening of February 24, in conjunction with Milan Fashion Week. Despite it being the debut edition, the award ceremony had already found many partners in the fashion industry, including the likes of Capri Holdings, Condé Nast and Vogue Italia, and was attended by notable figures in the sector, such as Anna Wintour and Edward Enninful. The initiative looked to celebrate diversity and inclusion, as well as underrepresented voices throughout fashion, design, art, food, music, business, sport and cinema. 10 winners were selected overall, five by the public – five by a jury of experts led by the event’s founder Michelle Ngonmo – each representing specific fields: culture, creativity, community, heritage and entrepreneurship. For this year, winners included social media personality Khaby Lame, journalist Sarah Kamsu, film producer Fred Kuwornu, musical artist David Blank and author Nadeesha Uyangoda, among others. In a release, Ngomno said: “Celebrating all stories… This is what we are doing through the Black Carpet Awards. Very often we feel comfortable comparing ourselves with people who share our same background or our same opinion, but the different perspectives are enriching.” Ngomno went on to note that the premise of diversity and inclusion should not be addressed as a “politically correct” theme, as the two are an integral part of daily life. She added that the event was not just about the black community, but the colour black as a “sum of all colours”, made by mixing different pigments, an idea that Ngomno translated for the awards in a bid to support heritage culture and economic growth. The organisation confirmed that a 2024 edition of the event will be taking place next year.
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Yoox to launch pre-owned category

Image: Yoox Marketplace Yoox is launching a pre-owned category in a bid to become a new destination for second-hand shopping. On its website Yoox states the pre-owned area was created to give new life to apparel and accessories, a space dedicated to a selection of second-hand styles, to promote circularity and reduce environmental and social impact. The service is available in almost 30 European countries, and launches in conjunction with a campaign called Endless Love. Currently over two thousand pre-owned items can be found on its marketplace, mostly from authenticated luxury brands through resale partners including Reflaunt, Catch the Grail, Drip Drops, Millesime and The Brand. Collector“. With the introduction of pre-owned Yoox, Ynap is coming full circle as a shopping destination for new, last season and pre-owned designer fashion. The launch follows the launch of resale services powered by Reflaunt on Net-a-porter, Mr Porter and The Outnet in 2022. “At Yoox, sustainability has always been one of our core values and continues to be our guiding star as we strive to become an increasingly responsible destination,” Valentina Visconti Prasca, managing director of Yoox, told Pambianco.” We know that it is an increasingly decisive element that influences the purchasing behavior of our customers, who are concerned with how their purchases affect the world around them. Pre-owned Yoox is not only an opportunity for customers to buy special limited edition and vintage pieces from their favorite designers, it also empowers them to give pre-owned products a second life.” Yoox Marketplace was launched in 2022, as part of Yoox Net-a-porter's broader transition to a hybrid and flexible operating model. The Milan-based company at the time said it would help customers navigate new market trends and to meet the enhanced expectations for digital and e-commerce in the luxury space. The launch follows the company's expansion into home décor and art category Yoox pre-owned is available in most European countries, with further expansion of the Marketplace planned in the United States and the Middle East later in 2023.
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From Westwood to Lee: London Fashion Week ushers in a new age of luxury consumerism

Burberry AW23, LFW show finale. Image: Burberry London Fashion Week returned to the UK capital this week, boasting a teeming line up of 127 brands that showed through a series of runways, presentations and events throughout the city. Like always, the fashion week continued to put its emphasis on emerging designers and new names, bolstering their platform via its NewGen initiative. However, over the five-day period it wasn’t just the anticipation surrounding what the innovative young designers would present that had people buzzing, but that of eagerly awaited debuts and special occasions that were taking to London for the first time. Luxury prevails in the fashion capital And the event seemed to have rolled around right on time, just as the English capital was experiencing something of a luxury fashion revival. The sector is seemingly thriving in London, indicating a hint of promise for luxury despite the region braving the current cost-of-living crisis alongside record-breaking inflation. This was evident in a recent report by Savills, which stated that premium fashion brands were continuing to dominate the city’s retail landscape, moving in at a rate slightly higher than pre-pandemic. The property consultants found that there were some 21 international fashion and footwear brands that had opened debut London stores in the last year, double that of its 2021 figure. And the optimism is predicted to continue over the coming year, with more expected to come. London Fashion Week street style. Image: British Fashion Council London Fashion Week street style. Image: British Fashion Council This sentiment was reflected in LFW’s lineup this season, where a number of luxury brands had either returned to the city or made their debut. However, unlike its Parisian and Italian counterparts, LFW relies more on that of young talent and emerging names, which take up the bulk of the schedule in the form of the British Fashion Council’s (BFC) NewGen initiative. This didn’t distract the spotlight from established names though, who were still sparking conversations throughout the week. There was one definitive matter that did partially eclipse the rest. While last season the industry remembered Queen Elizabeth II, this season LFW was dedicated to the queen of punk, Vivienne Westwood, who passed late December 2022. Prior to the event’s kick off, the BFC already announced its intention to honour the late designer and her legacy, recognising her role in defining punk and driving positive change. In light of this, LFW was arguably ushered in through Westwood’s memorial, which took place at the beginning of the week-long event on Thursday and saw a cohort of celebrities and public personalities, including Stormzy, Kate Moss and Elle Fanning, descend on London’s Southwark Cathedral all donning fantastical, on-theme fits — ensuing in a fashion show in its own right. Westwood, Moncler and Daniel Lee spark discussions Meanwhile, the literal fashion week kicked off on Friday, with a line up that already set out the bold pace for the coming days. Anticipation had already been heightened by the addition of Moncler Genius and Burberry, both of which hosted shows consecutively on Monday evening. While Burberry was returning to London after a three-year absence, for Moncler, it was the first time attending under its collaborative project Moncler Genius. During the event, the Italian luxury brand unveiled its new “co-creators” – Louis Vuitton’s new creative director Pharrell Williams, designer Rick Owens, singer Alicia Keys, sportswear giant Adidas Originals and motorist Mercedes-Benz, among others – each of which presented creative concepts and new iterations of Moncler’s staple jackets in their own space. Moncler Genius AW23, LFW. Image: Moncler Moncler Genius AW23, LFW. Image: Moncler The event, set in Olympia London, aimed to portray an evolution of the Moncler Genius concept, which the brand established in 2018 with a focus on co-creation across multiple industries. In a release, the company said: “The platform now evolves from the established concept of collaboration, which merges two sets of brand codes together, entering a new phase of co-creation focused on human creative skill and imagination to make something each brand couldn’t achieve on its own.” The concept took the idea of collaboration one step further, extending the strategy so favoured by brands beyond the boundaries of the fashion industry. Meanwhile, a new phase was also being celebrated over at Burberry, where the house’s latest creative director Daniel Lee made his highly-anticipated debut. Upon his appointment, Lee had been tasked with rejuvenating Burberry’s British heritage, something that had been lost under its previous head Riccardo Tisci, while also driving it towards the five billion pound revenue target set by its CEO Jonathan Akeroyd for 2025. This alone chimed in a revival for Burberry, seeing many of the brand’s familiar codes receive a welcomed restoration through a fresh colour palette and contemporary detailing. Burberry AW23, LFW. Image: Burberry A particular focus for Lee was that of accessories, a category the 37-year-old designer has become particularly versed in after building a flourishing body of work at Bottega Veneta, where he previously served at, and therefore serves as a beacon of hope for Burberry shareholders. His efforts were already evident on the runway in the form of faux trim shoulder bags and leather crossbodies, as well as a casual take on footwear that drew on the outdoor aesthetic that once thrived at the British brand. Like many other labels, a younger consumer was also at the forefront of both Lee and Akeroyd’s mindsets, for which the house translated its traditional values into punky graphics and emboldened silhouettes for a string of zhuzhed up classics. Even Lee’s evolution of the brand’s Equestrian Knight Design logo was prominent, inflated onto dresses, knits and accessories. Fashion week regulars make their own statements JW Anderson AW23, LFW. Image: Launchmetrics Spotlight JW Anderson AW23, LFW. Image: Launchmetrics Spotlight Burberry and Moncler weren’t the only globally renowned brands to grace London this season, and many used the platform to firmly reiterate their own values and visions. Offering up his quintessential tongue-in-cheek flair, JW Anderson returned with a show that saw his guests confronted by a phallic-inspired presentation. The designer, who has become known for his unconventional commercialism, tackled the topic of “fandom”, as stated in the show’s notes, mirrored through the use of logomania graphics and slogan jumpers — a standout piece being a Tesco-branded bag shaped into a leotard. Meanwhile, other statements were a little less raunchy. Turkish designer Bora Aksu, for example, decided to utilise the opportunity to pay homage to his home country, holding a minute’s silence for the victims of the February 6 earthquake that has ravaged the region resulting in the loss of tens of thousands of lives. While he was one of the few designers to reference the tragedy during the event, he joins a growing number of fashion houses and retailers responding through hefty donations and humanitarian initiatives hoping to alleviate the effects of the disaster. Aksu’s attitude was also mirrored in his predominantly black and white line, a world away from his typically vibrant colour schemes. The designer told Reuters post-show that, while it was not his initial intention, the choice of black “felt right in the sense of a silent grieving”. Bora Aksu AW23, LFW. Image: Bora Aksu Bora Aksu AW23, LFW. Image: Bora Aksu Backstage at 16Arlington AW23. Image: British Fashion Council Backstage at 16Arlington AW23. Image: British Fashion Council For many designers, the ever-shifting consumer mindset was at the core of their offerings, causing subtle repositionings when it came to their collections. This was subtly evident at 16Arlington, for which designer Marco Capaldo partially stepped away from the brand’s partywear origins to present a more casual take on its aesthetic. While heavily sequined dresses and shimmery evening staples were still on show, the sparkles were juxtaposed with comfy skirts, fluffy fleece and elevated basics. Next to this, Capaldo also took this season as an opportunity to introduce menswear, a category he has long expressed his desire to enter and has now done so through co-ords and tailoring that still references his design codes. It brought to light the possibility that the Italian-born designer is looking to evolve the brand in order to appeal to a wider clientele, with items that take consumers from the dancefloor to the local pub to the supermarket. A similar mentality of wearability was also apparent at the show of the usually flamboyant Molly Goddard. While still proposing her signature exaggerated tulle, for this season Goddard appeared to have dialled her collection back in a line that linked to the simplicity she felt when she started out in the industry in 2014, as stated in the show’s notes. Many pieces drew inspiration and were reworked from the British designer’s personal and professional archive, with references to nostalgic items from her childhood and popular looks that had previously been featured in magazines. Her focus on wearability and simplicity was further reflected in the choice to show the line at her East London studio. In the notes, Goddard said: “The space is basic, stripped back to the bare minimum, the perfect setting for a collection that isn’t about drama or optics, but wearability and the joy of dressing.” Molly Goddard AW23, LFW. Image: Molly Goddard Molly Goddard AW23, LFW. Image: Molly Goddard Brands turn to a old-school glamour, stepping away from Y2K In a stark contrast to the toned down route, some brands went in a completely different direction towards that of high-glamour and Hollywood drama – possibly implying a brief departure from the Y2K trend that has run rampant among recent trends. While David Koma drew design cues from the 1930s and 1960s, as seen in deconstructed tuxedos and exaggerated ruffles, Roksanda took to the runway with references to the art world, specifically the work of Japan’s Atsuko Tanaka, which guided the creation of sculptural gowns that closed the show. The intimate event appeared to be designed specifically for the Serbian brand’s dedicated clientele and fans, who lined the front row while models paced the runway to the backdrop of a live reading from poet Arch Hades. Richard Quinn AW23, LFW. Image: Launchmetrics Spotlight Richard Quinn AW23, LFW. Image: Launchmetrics Spotlight In a similar dramatic fashion, Richard Quinn also delivered a spectacle, with a show that heavily recalled Frances Hodgson’s The Secret Garden. In typical Quinn manner, the collection brought together his now staple design combination of florals and BDSM-inspired details, as well as voluminous shapes that still seemed to mirror old-school Hollywood glamour. A highlight of Quinn’s show was a selection of bridal looks composing half of the collection. A series of 16 brides strode down the aisle donning gowns that incorporated everything from corsetry to embellished netting to highly structured silhouettes. The prominence of this line hints at the designer’s blooming bridal business, something he has been notably vocal about, particularly when it comes to international clients. The category is a one that Quinn has been building up over the last few years since he first ventured into the wedding arena prior to the pandemic. Simone Rocha was another to lean on bridal wear this season. The Irish designer first entered the sector in 2021, just as weddings were beginning to pick back up after Covid-related restrictions forced many to be rescheduled. While her debut collection was designed to cater to brides looking for toned down gowns, which were popular during the age of Zoom weddings and restrained ceremonies, for AW23 Rocha did a distinct U-turn in the form of flowing lace and puffed-out skirts. Meanwhile, other pieces in this season’s collection saw the designer continue to bulk out her menswear offer, an area she only first dove into for SS23. While last season, the designer attempted to bring a new sense of femininity to her menswear, this year saw her further blur the lines, deftly intermingling women’s and men’s clothing to become one and therefore appealing to any and all who desire them. Simone Rocha AW23, LFW. Photos by Ben Broomfield. Image: Simone Rocha Simone Rocha AW23, LFW. Photos by Ben Broomfield. Image: Simone Rocha Read more: * LFW: Ukrainian Fashion Week comes to London * Pantone reveals AW23 colour trend report for London Fashion Week * LFW: Patrick McDowell declares “Cinderella shall go to the football”
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Clarks taps Set Free Richardson as creative specialist

Set Free Richardson, Clarks Originals creative specialist. Image: Clarks Footwear retailer Clarks has announced the appointment of Set Free Richardson to the role of Clarks Originals creative specialist. In the multifaceted position, Richardson has been tasked with executing various creative projects, producing live events and acting as an ambassador and conduit to different cultures and areas, with a particular focus on music and art. His appointment builds on the duo’s already established relationship, with Richardson having previously worked with Clarks on a basketball-inspired collaboration in the past – seeing the release of Clarks Originals Wallabee collection for Art Basel Miami. In a release, Richardson said: “It’s not often you get the opportunity to work with a brand that you’re truly a real fan of. “Working with the Clarks team feels like working with family, there’s a mutual trust and belief in my creative vision which I truly appreciate. The partnership so far has been great, and we’re only just getting started.” The brand’s chief marketing and digital officer, Tara McRae added: “Working hand in hand with Free on our now multi award-winning Clarks and New York short film was a triumphant experience, and the start of a working relationship that we felt could only go from strength to strength. “We already have lots lined up with Free for the coming year and I cannot wait to see what we can achieve together.”
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Forever 21 relaunches in Japan, with upmarket aspirations

Image: Forever 21 by FashionUnited When Forever 21 filed for bankruptcy in 2019 it had exited nearly 40 markets, closed hundreds of stores and was dousing the flames of a pr disaster for insulting the plus-size community. It was, by all accounts, not a good year for the fast fashion retailer. Yet bankruptcy did not spell the end of the brand, which relaunched the following January as an e-commerce first business via a series of new licensing deals, more market exits, changes of ownership and navigating the pandemic. It was a year that compounded more turbulence than growth. Japan, once a key market for the retailer, was keen to see the brand return under a new umbrella and formula, with Forever 21 announcing it has formed a partnership deal with local retail giant Itochu and Adastria, where it will launch as digital first company along with a pop-up in Tokyo. More store openings are planned in the future, with up to 18 outlets to be opened by 2028, according to the Japan Times newspaper. The strategy in Japan, however, is to move away from its fast fashion past and embrace are more high-end image and product. “We hope to thoroughly manage production and remove ourselves from the image of mass production and mass disposal,” Osamu Kimura, president of Adastria, said during a news conference in Tokyo. This would make the product different from its other markets. Currently the majority of Forever 21’s retail network is in its home market, operating some 400 stores in the U.S. In the UK and Europe Poetic Brands was granted licensee rights to manufacture, market, and distribute the brand. As in Japan, most of Forever 21 stores are franchised or, in some markets, operated as joint ventures with a local partners. The retailer is targeting sales of 10 billion yen (70 million dollars) for the year ending February 2028, the newspaper reported.
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