Monday, July 8, 2024

Jay-Z joins as investor to watch marketplace Wristcheck

Jay-Z becomes an investor for Wristcheck. Credits: Wristcheck.



Rapper-turned-entrepreneur Jay-Z has joined the team of watch marketplace Wristcheck as an investor to the business.


The 24-time Grammy winner, who is himself a “watch aficionado”, was dubbed a long-time “inspiration” by the company’s founder and CEO, Austen Chu, having helped fuel Chu’s love for watches through the bridging of the accessory with pop culture.


In the announcement, in which no details of investor terms have been disclosed, Chu said: “As the most influential celebrity watch collector of the 21st century and a certified GOAT [Greatest Of All Time, ed.], his support carries immense weight both personally and professionally.


“It’s a testament to the trust and community we’ve built, and marks a major milestone in cementing Wristcheck as the go-to platform for watch enthusiasts worldwide.”


Chu highlighted Jay-Z’s work at his record label Roc Nation, which he said “perfectly aligns with what [he] is building here at Wristcheck” where his mission is to “shape the watch world of tomorrow”.


Founded in late 2020, the platform, which serves as a marketplace for buying, selling and learning about watches, also looks to merge pop culture with its own values, striving for the overarching goal of creating a safe and accessible community for those interested in the accessory.


Jay-Z’s involvement in the company builds on past investments, including a pre-series A funding, that amount to around 13.6 million dollars to date.


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Monday, June 24, 2024

Jagermeister launches collaboration with Santa Cruz

Jagermeister x Santa Cruz collection Credits: Jagermeister



In Pictures


German spirit brand Jägermeister has launched a “strictly limited” capsule collection in collaboration with Californian skate-culture icon Santa Cruz Skateboards.


The Jagermeister x Santa Cruz collection takes inspiration from the 90s and the rebellion of the era’s skate scene and features the official release of a once bootleg design which the now chief executive of Santa Cruz, Jeff Kendall, once designed out of his love for Jägermeister.


Jagermeister x Santa Cruz collection Credits: Jagermeister



The collection revives the cult board design, created riffing off the iconic horned Jägermeister stag and blackletter typography, alongside limited-edition matching T-shirts in black and olive green.


Sven Schindler, head of global brand and digital marketing at Mast-Jägermeister SE, said in a statement: “With Jeff Kendall, we have the consummate skating professional at our side. He’s a long-time fan of the Jägermeister brand and the board he designed on a whim over 30 years ago is something we can now revive and reissue together.”


The limited pieces are available in selected Jägermeister online shops and direct from Santa Cruz, ranging from 39.99 pounds for the T-shirts to 109.99 pounds for the skateboard.


Jagermeister x Santa Cruz collection Credits: Jagermeister


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THG sees strong H1 trading, partners with Frasers Group

Coggles Credits: Facebook/Coggles



THG Group has announced the company made further progress in the first six months of 2024 in line with previous revenue guidance, and the second quarter is expected to represent the third consecutive quarter of year-on-year revenue growth.


The company said in a statement that the performance is underpinned by positive trading within the beauty, external ingenuity and offline nutrition businesses, which have helped offset continuing FX headwinds within Asia.


The company added that THG and Frasers Group have decided to form a partnership across several areas.


THG’s business segments witness positive mometum




THG Beauty witnessed the positive momentum from the fourth quarter of 2023 continue into the first half of 2024 with a strong recovery in beauty manufacturing following the prior year industry destocking.The segment reported a 45 percent increase in app downloads and increase in loyalty programme membership.


THG Nutrition progressed with rebranding across the Myprotein range with 80 percent of products by online revenue planned to be under new branding by the end of the third quarter of 2024.


THG Ingenuity momentum continued to strengthen, underpinned by an acceleration of third party revenue growth in the second quarter and 30 percent monthly recurring revenue.


THG partners with Frasers Group




THG Ingenuity and Frasers have entered a multi-year Ingenuity agreement including courier management services and re-platforming the Frasers Group's Australian fulfilment and logistics operations.


Commenting on the partnership with THG, Michael Murray, CEO of Frasers Group said: "Today we are pleased to announce a new strategic partnership with THG, which includes launching our consumer credit and loyalty proposition, Frasers Plus across the THG Ingenuity platform. This is an exciting step towards our Frasers Plus ambitions as we look to expand its offering across additional third-party platforms."


Frasers Group's credit and loyalty platform, Frasers Plus, is now integrated into Ingenuity's checkout and will soon be available to both THG's Beauty and Nutrition customers, as well as to Ingenuity clients.


A curated range of Myprotein products will be launched in-store at Sports Direct, including the Hyrox x Myprotein range.


THG has agreed to sell its portfolio of luxury goods websites, including Coggles.com, to the Frasers Group. THG's 11 year old luxury division grew to 43 million pounds in sales and broadly break-even for FY 2023.


"We are delighted to be partnering with Frasers Group across a broad range of initiatives, in particular bringing Frasers Plus to consumers shopping with Ingenuity clients, as well as to our own retail sites including Lookfantastic, Cult Beauty and Myprotein. Our luxury brand portfolio including Coggles has grown from a standing start eleven years ago, and we are eager to watch it develop further as an Ingenuity client," added Matthew Moulding, CEO of THG.


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From the grocery store to the gondola: Men’s SS25 street style takes on many forms

SS25 street style trends from London, Milan and Paris. Credits: ©Launchmetrics/spotlight



The menswear fashion week season has officially wrapped up, making way for Haute Couture Week, which officially begins today at an unusually earlier date in light of the upcoming Olympics. Alas, festivities in Paris appeared, from an outsider’s perspective, remarkably uninterrupted, as the impression of the city’s men’s fashion week would have us believe.


The same could be said for competing fashion cities, London and Milan, with all three collectively drawing in typically bustling and star-studded crowds that took over their streets for a two week period. Here are some of the core accessory trends that came out of the SS25 season’s bountiful fashion congregation.


Bags: Grocery store chic and the mini retains its title




In the way of handbags, there were certainly some striking choices. Yet it was the impossibly miniature bag that managed to maintain its crown as reigning bag of choice, a title it has continued to hold season-after-season at this point. An update for SS25, however, came in the inclusion of similarly statement-making straps, for which beading was a primary material of choice. A sense of personalisation was further evident in heavily customised bags. From teddy bears to Trollz to unicorns, there were no limits to the choice of keychains, or amount.


Departing from the overabundance to the more simple, alas similarly surprising, was the appearance of what could only be described as “grocery” bags. These, however, were not your usual grab-and-go totes. While some adorned eye-catching prints, others seemingly descended from luxury brands themselves. One attendee, for example, appeared to be dragging what looked like a baguette –literally– bag with Fendi’s logo emblazoned on the front.


SS25 street style trends. Credits: ©Launchmetrics/spotlight.



SS25 street style trends. Credits: ©Launchmetrics/spotlight



SS25 street style trends. Credits: ©Launchmetrics/spotlight



Scarves: From French à la mode to contemporary Babushka




Scarves cemented their presence in two principal uses. One was that of the cravat, a classic necktie look styled using either silky, vintage-look square scarves or traditional bandanas that neatly framed the neck. Another look placed the scarf at the front and centre of whole outfits. Reminiscent of a Russian Babushka, many attendees took to draping larger scarves over their head and tying them at the chin. The style has already been favoured by celebrities, namely the trend-setting Hailey Bieber, yet its prominence at each of the men’s fashion weeks only reaffirms its return to relevance.


SS25 street style trends. Credits: ©Launchmetrics/spotlight



SS25 street style trends. Credits: ©Launchmetrics/spotlight



Trappings: Animalistic add-ons and tech-centric styling




Aside from their prints, a more literal take on animals was of clear influence to fashion week attendees. While many of these furry –or sometimes reptilian– friends popped up in bag form outside of JW Anderson’s show –notably the designer has taken to releasing such designs as part of his latest collections– they also materialised at other shows, making this bizarre trend a regular occurrence. Elsewhere, there were more practical approaches to accessorising. In the seeming pursuit of easy-to-access necessities, and in place of a bag, men attached their most useful items –keys, lighters, USBs or even pens– to belt loops, reaffirming this practical streetwear trend.


Of course, for many, fashion week calls for a more on-duty attitude to dress. In this sense, small tech items became accessories in themselves. Those out on the street, models but also street style photographers, became the muse of their peers, many loaded up with differing camera types, bulky headphones and, in some cases, trusty Kindles.


SS25 street style trends. Credits: ©Launchmetrics/spotlight



SS25 street style trends. Credits: ©Launchmetrics/spotlight



SS25 street style trends. Credits: ©Launchmetrics/spotlight



Hats: Gondolier-esque and return of the beret




As always, hats played an imperative role in the realm of the menswear wardrobe. Reflecting the curiously unstable weather, which has been unpredictably jumping from frosty evenings to scorching days, headwear also presented a sense of erraticity. While some took to woven hats in straw-like materials, many reminiscent of Venetian gondoliers, others –notably most located in the much colder London– opted for oversized fluffy trapper hats, a handful taking on overexaggerated proportions.


A more subtle hat choice was that of the beret, which returned to the menswear closet as a means of tying an outfit together. The beret’s presence wasn’t only limited to its home turf of France, however. The classically Parisian design could also be spotted on the streets of Milan and London, where attendees arranged the piece to take on varying silhouettes, sometimes personalising the item with adornments like badges.


SS25 street style trends. Credits: ©Launchmetrics/spotlight



SS25 street style trends. Credits: ©Launchmetrics/spotlight



SS25 street style trends. Credits: ©Launchmetrics/spotlight



Sunglasses: Streamline shades contrast bug-eyes




There was also not one way in which sunglasses were explored. Volumes for these accessories conflicted with one another per attendee, yet there were still some silhouettes that withstood the trend test. Streamlined sportswear-like glasses, for example, received a fashionable refurbishment: some with bright colours, others with puffy frames.


On the less practical front, bug-eyed sunglasses were popular across both male and female attendees. The oversized shape was typically constructed with wide-set frames. There was also a colour that secured its place at the top of the fashion food chain: bright white. The hue could largely be spotted in sleek cat eye frames, but continued to crop up throughout the fashion weeks in an array of formats.


SS25 street style trends. Credits: ©Launchmetrics/spotlight



SS25 street style trends. Credits: ©Launchmetrics/spotlight



SS25 street style trends. Credits: ©Launchmetrics/spotlight


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15th edition of HGH India to present 2,500 innovative home products

14th edition of HGH India Credits: HGH India



HGH India, bi-annual trade show for home textiles, home décor, home furniture, houseware & gifts, is all set to commence its 15th edition, from July 2 to July 5, 2024 at Bombay Exhibition Center, Mumbai.


HGH India has been working with the home improvement sector for over a decade now. It is the only trade show which is designed to connect the Indian and global home product brands and manufacturers with the Indian domestic market. The show provides comprehensive sourcing solutions to retailers, distributors, importers, architects, interior designers and institutional buyers, keeping upcoming design trends in focus.


Spread over 50,000 sq. mtrs. across four halls, the exhibitors are classified in key categories like home textiles & furnishings, home décor, home furniture and houseware & gifts.


This edition will witness the unveiling of almost 2,500 innovative products by leading brands and manufacturers. Around 700 Indian and international brands & manufacturers from 32 countries will be showcasing their range directly or through their Indian partners. There will also be new exhibitors from Germany, Hong Kong, Malaysia, Russia and Ukraine showing their range of home furniture, wallpaper, home décor, houseware and interior products.


From India alone 120 new exhibitors will present their range of furnishing fabrics, bed & bath, made-ups, decorative accessories, home furniture, handicrafts, cookware, houseware, gifts and much more for the first time.


Special focus areas like World of Sleep, Home Furniture and Smart Kitchen will highlight product trends in these categories.


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Myer proposes strategic merger with Premier’s apparel business

Myer store Credits: Facebook/Myer



Myer Holdings has approached Premier to explore a potential combination with its Apparel Brands business to create one of the leading retail and apparel companies across Australia and New Zealand.


Apparel Brands is a leading clothing business with a portfolio comprising the Just Jeans, Jay Jays, Portmans, Jacqui E, and Dotti brands. It has a retail network of 717 stores across Australia and New Zealand, generating revenues of 845 million Australian dollars in FY23.


Commenting on the proposition, Myer executive chair, Olivia Wirth, said in a statement: “As part of the strategic review, Myer is exploring both organic and inorganic investment opportunities that align with our strategic focus areas to create value for Myer shareholders. It quickly became clear that the idea of a combination of Myer and Apparel Brands offered significant potential synergies and prospects for growth, evidently warranting further examination.”


Under the proposed combination, Myer would acquire Premier’s Apparel Brands business in exchange for the issue of new shares in Myer to Premier. After the proposed transaction, Premier shareholders would become Myer shareholders directly.


Myer has decided to retain ownership of its current brand portfolio, which includes brands Sass & Bide, Marcs and David Lawrence.


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Friday, June 21, 2024

‘The Witness’: IM Firenze final show reimagines traditional fashion show concept

In Pictures


IM Firenze graduation show 2024- A look by Angela Huang. Credits: image courtesy of Istituto Marangoni Firenze



Istituto Marangoni Firenze has presented the top students of its graduating class of 2024 in its annual end-of-year fashion show. This year’s show was entitled ‘The Witness’ and aimed to reinterpret the concept of the traditional fashion show.


Held at Palazzo Ximènes Panciatichi in Florence, the event showcased the results of the three-year creative journey of the bachelor students in fashion design.


In ‘The Witness’, the traditional fashion show concept was deconstructed to create a fusion of performance and exhibition, offering two complementary experiences. It transformed the audience from spectators to active participants in the creative process behind the collections of the institute’s ten best fashion designers.


A look by Yanni Malhotra, IM Firenze graduation show, June 2024. Credits: image courtesy of Istituto Marangoni Firenze.



Each graduation collection was presented with unique styling, grooming, and performance styles, which highlighted the identity of each designer and which created the idea of 'ten distinct worlds', as per the press release sent out by the school.


The event opened with a tableau vivant, inspired by painting and figurative arts, where guests engaged in observing the ten collections as a unified element. The show ended with the disintegration of the tableau vivant, symbolising the end of one creative chapter and the beginning of new horizons.


IM Firenze presents graduating class, deconstructing the traditional fashion show




The ten worlds presented showcased the evolution of fashion shows, from their origins to modern digital performances. Advanced technologies and digital innovations were used to explore the concept of each collection, focusing on knitwear, menswear, innovative materials, technological innovation, and sustainability.


For the first time, students from various courses and disciplines were involved in creating content and organising the event and exhibition.


Commenting on the show in a release, Lorenzo Tellini, director of Istituto Marangoni Firenze said: “We chose Palazzo Ximènes Panciatichi as the venue for our Fashion Show, because it represents a harmony between the styles of the craftsmen who have worked there over the centuries, bearing witness to the evolution of Florence."


He continued: “The frescoes and stuccoes become theatrical backdrops, allowing the ten collections to express themselves in a polyphony of voices, inviting the public to be a witness – hence the title of the event, The Witness – to ten different worlds, to be contemplated and experienced as a tableau vivant between craftsmanship and new technologies.”


The following designers showcased their collections:


Greta Peccia, Matilde Tasselli Anna Gervasi, Sophia Cuomo, Yanni Malhotra, Angela Huang , Nora Bagdasaroglu, Max Putrin, Tara Pitoni, and Sergio Catania.


View some of graduates' looks below.


A look by Tara Pitoni, Istituto Marangoni Firenze graduation show, June 2024. Credits: image courtesy of Istituto Marangoni Firenze



A look by Sergio Catania, IM Firenze graduation show, June 2024. Credits: image courtesy of Istituto Marangoni Firenze



A look by Angela Huang, IM Firenze graduation show, June 2024. Credits: image courtesy of Istituto Marangoni Firenze



A look by Sophia Cuomo, IM Firenze graduation show, June 2024. Credits: image courtesy of Istituto Marangoni Firenze


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Video: Amiri SS25

Amiri SS25 Menswear, Paris Fashion Week Credits: ©Launchmetrics/spotlight



Watch Amiri’s runway show at Paris Fashion Week showcasing their SS25 collection.


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Aid by Trade Foundation expands to India through Regenerative Cotton Standard

Indian farmers analyse soil conditions. Credits: Aid by Trade Foundation



The Aid by Trade Foundation (AbTF), known for its cotton standards Cotton made in Africa (CmiA) and Cotton made in Africa Organic, expanded its range last year with the Regenerative Cotton Standard (RCS), the first of its kind to explicitly prioritise the knowledge and interests of small-scale farmers. The voluntary standard targets the entire production system rather than only the cotton itself. The AbTF is expanding RCS’s scope beyond Africa for the first time by promoting sustainable cotton cultivation India.


As one of the world’s largest cotton producers, expanding the RCS to India makes sense, giving that AbTF’s objective is to provide sustainable cotton for global textile companies to purchase and to ensure socially and environmentally sustainable production conditions in cotton-growing countries. By holding its annual cotton conference in Mumbai earlier this year, the organisation indicated that the country would play a key role. The pilot project has been launched in collaboration with 5,000 small-scale farmers in the Indian state of Maharashtra.


“We are happy to now be working in India as well and to use both our expertise in sustainable cotton cultivation and our global network for the benefit of Indian small-scale farmers. The first RCS pilot project is the result of productive collaboration between many partners who have set themselves ambitious and forward-looking goals in the field of sustainable cotton cultivation,” commented AbTF’s managing director Tina Stridde in a press release.


To implement the RCS in India, AbTF will work with its new Indian partner, Vijay Cotton & Fibre Co. LLP. based in Mumbai, a family-run business with more than 75 years of experience in the cotton sector and significant expertise in the cultivation and worldwide trade of Indian cotton.


“In a uniquely innovative and respectful way, the Regenerative Cotton Standard supports cotton farmers in India with applying climate-friendly agricultural practices. The standard also has great potential to increase transparency within our supply chain so that we can trace the origin of our cotton and ensure that it is produced in accordance with environmentally and ethically verifiable standards,” stated the company’s partner Vijay Shah.


The standard supports cotton farmers with practical and innovative approaches to building resilience against the effects of climate change and offers textile companies regenerative cotton from another cotton-growing region of key importance.


To ensure transparency in the textile chain, AbTF has made RCS-verified fibres traceable by integrating its successful Hard Identity Preserved (HIP) tracking system.


Also read:




* H&M presents first mini collection made from regenerative cotton

* Tomorrow's textiles: Why the fashion industry must invest in regenerative agriculture


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Video: Rick Owens SS25

Rick Owens SS25 MEnswear, Paris Fashion Week Credits: ©Launchmetrics/spotlight



Watch Rick Owens' runway show at Paris Fashion Week showcasing their SS25 collection.


Promotion
Read more about Rick Owens on their brandpage


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Thursday, June 20, 2024

London's V&A celebrates Naomi Campbell, 'fashion legend'

Naomi Campbell press launch image for 'Naomi. In Fashion' exhibition Credits: Dave Benett / Getty Images for the Victoria & Albert Museum



London - In 1987, Naomi Campbell became the first
black model to grace the cover of UK Vogue in 20 years, and her trailblazing
career is now being recognised by London's Victoria and Albert Museum.


Campbell was such a fixture on catwalks in the 1990s that she was referred
to by her first name only, just like fellow supermodels Claudia Schiffer,
Cindy Crawford, Christy Turlington and Linda Evangelista.


She remains a highly influential figure in the industry and is the first
supermodel to have a V&A exhibition dedicated to her.


The "NAOMI In Fashion" show, which opens on Saturday, explores the dozens
of looks that have marked the history of fashion during Campbell's 40-year
career.


Born in 1970, Campbell saw herself as a dancer, like her mother, when she
was a child.


Aged 15, an agent spotted her in London's Covent Garden and two years later
she had already appeared on several fashion magazine covers and in shows in
New York, Milan and Paris.


'Peerless'




Some have questioned the choice of the V&A, a revered art and design
museum, to dedicate an exhibition to a model.


But curator Sonnet Stanfill said: "The best fashion models are not simply
models. They serve as creative inspiration and they are creative collaborators.


"Naomi Campbell's peerless walk and her alchemy in front of the camera are
the stuff of fashion legend," she added.


Stanfill interviewed the model for hours as part of her preparation for the
exhibition.


"She has an incredible memory. She remembers where she was when she was
wearing something, who she was with, where she went out that night," she added.


She was also allowed to dig through Campbell's personal collection,
including accessories, photos, clothes and even Concorde tickets between
London and New York.


A section is dedicated to the great fashion designer Azzedine Alaia, who
died in 2017, with whom she lived from the age of 16 when she was in Paris and
whom she called "papa".


He found a muse in what he called her "perfect body".


Campbell also praises designer Yves Saint Laurent in the show, whom she
said "really helped women of colour and changed the course of my career".


"God bless Yves," she added in quotes that appear on the label describing
the feather dress the London-born model wore for a 1987 autumn/winter show --
her first for the French designer.


Saint Laurent famously threatened to withdraw his advertising from Vogue if
it did not place Campbell on the front of its French magazine in 1988. As a
result, she became its first black cover star.


The show also features magazine front-pages projected onto the wall and
video broadcasts of her best-known shows for the biggest fashion houses.


Designer Vivienne Westwood's 1993-era look, which required Campbell to wear
15-centimetre (six-inch) platform shoes, is also on display.


The shoes infamously led to her taking a tumble on the catwalk, with the
picture of her laughing after her fall from grace going around the world,
helping to soften her icy image.


Pioneering




Campbell did have a reputation for her temper. In 2007, she was sentenced
to five days of community service in New York after having thrown her phone at
an assistant.


The paparazzi were waiting every morning she turned up for her community
service, and a symbol of her defiance is featured in the exhibition.


"When the last day came, I decided I wanted to walk out and leave with my
head held up high. I chose to wear this," she said, pointing to a Dolce &
Gabanna evening dress.


But it is her pioneering work in opening up the industry to black models,
which began in 1988 when she campaigned for equal pay, that underpins the
exhibition.


While this is a retrospective, Campbell, now 54, continues to model,
recently appearing on the catwalk for Burberry.


The exhibition ends with tips on how to "walk like Naomi", with a podium
set up for budding supermodels to practice on.


"Shoulders back... move with the music" and "focus your gaze on the
camera," she advises.(AFP)


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Vogue World: Paris mega-party mixes fashion and sport

Paris' Place Vendome, illustrative image. Credits: Leo SERRAT, Unsplash.



Paris - Vogue World, one of the major fashion events
of the year, hits Paris on Sunday, bringing together top French designers for
a rare joint show themed around the Olympics.


The event, to be attended by 500 hand-picked guests in the glitzy Place
Vendome, comes midway through Paris Fashion Week's menswear and haute couture
shows.


Here's what we know about the event in this summer's Olympic host city:


The concept




Vogue editor-in-chief Anna Wintour told AFP back in February that the
outdoor show will be "a mixture of fashion show, entertainment and
performances... and a few surprises."


The date was not chosen at random, June 23 being International Olympic Day. The idea is to match different sports -- such as cycling, gymnastics,
tennis, taekwondo and breakdancing -- with eras of French fashion since 1924,
the last time the Games were held in Paris.


There have been two Vogue World events in the past -- a New York street
fair in 2022, and a homage to London's theatre scene in 2023.


With Vogue's magazine business struggling to stay relevant in the online
world, Wintour is looking to entertainment spectacles to keep the brand alive.


Front row tickets for the New York event cost $3,000. Prices have not been
revealed for this week's show.


The guests




The guest list is also a secret, but the promotional video features top
models Gigi Hadid and Kendall Jenner, and actress Isabelle Huppert, trying
their hands at several sports.


Most of the 500 seats are reserved for A-listers, with the proceedings
hosted by British model and actor Cara Delevingne, and directed by Sam Wrench,
who has overseen Taylor Swift's Eras Tour.


It is a rare move for labels to present fashion shows alongside each other,
but the event will see almost all the big names of French fashion at once:
Balenciaga, Balmain, Chanel, Courreges, Dior, Fursac, Givenchy, Hermes,
Jacquemus, Jean Paul Gaultier, Lacoste, Lanvin, Louis Vuitton, Marine Serre,
Rabanne and Saint Laurent.


Pharrell Williams, hip-hop mogul and creative director for Louis Vuitton,
told the press conference in February: "Taking over the Place Vendome I have
to say is pretty legendary."


He added that the show would spotlight "true French style -- what we see on
the podium, what we see in the boulevards -- in an inclusive spirit."


Congestion




Place Vendome, home to the French justice ministry, was an ideal location
for the organisers since it is also known as the heart of high-end jewellery
in Paris.


But police were reportedly less keen given that central Paris is already
facing considerable congestion as a result of preparations for next month's
Games.


Vogue World hopes to ease the burden by offering a one-million-euro
donation to a charity, French Popular Relief, which tackles poverty and
discrimination.(AFP)


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Space NK sells U.S. wholesale arm to beauty distribution giant

Space NK Westfield London store Credits: Space NK



Space NK, the trailblazing British beauty retailer renowned for popularising niche brand curation through its pioneering gallery-style stores, has divested its American wholesale operations to The PCA Companies, a major player in global beauty distribution.


The deal, finalized on June 18th according to Cosmetics Business, transfers Space NK's entire U.S. wholesale division including systems, store concepts, and employees to The PCA Companies. Financial terms were not disclosed.


"Three years ago, we pivoted to focus solely on high-service wholesale in the U.S, with a vision of providing brands the ideal structure and support to thrive in the American retail landscape," said Andy Lightfoot, Space NK's CEO. "Now backed by PCA's scale and robust systems, we have total confidence this partnership will benefit all our retail and brand partners."


Space NK's U.S. wholesale footprint encompasses over 600 distribution points across major retailers. This includes a presence in 28 Bloomingdale's locations, 93 Nordstrom full-line stores, 200 Nordstrom Rack outlets, nine Hudson's Bay sites, and 265 in-store 'Beauty SpaceNK' installations within Walmart supercenters throughout North America.


For PCA, a vertically-integrated omnichannel player specialized in beauty brand licensing, investing, marketing and logistics, the acquisition bolsters its dominant position in U.S. beauty distribution. The company, valued at 850 million dollars in 2024, has built a tech-enabled global distribution network.


"Space NK has brilliantly curated an apothecary retail concept showcasing brands in various store environments that resonate with consumers," stated Piyush Golia, PCA's CEO. "We look forward to leveraging these capabilities to further elevate our brand partners' presence across channels."


Pioneering the tightly-curated beauty 'editorialization' model in the 1990s, Space NK was an early champion of now cult-favorite indie brands like Eve Lom and By Terry. Its immersive, open-sell store format allowing product trial redefined the beauty shopping experience, becoming widely emulated by other retailers in subsequent decades.


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Video: Kenzo SS25

Kenzo SS25 Menswear, Paris Fashion Week Credits: ©Launchmetrics/spotlight



Watch Kenzo’s runway show at Paris Fashion Week showcasing their SS25 collection.


Promotion
Read more about Kenzo on their brandpage


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PFW menswear SS25: IFM bachelor students present collections

In Pictures


A group picture taken at the IFM bachelor graduation show, June 2024. Credits: image courtesy of Institut Français de la Mode.



The final-year students of the bachelor programme in fashion design at French fashion school Institut Français de la Mode (IFM) kicked off the latest edition of Paris Fashion Week (PFW) menswear on Tuesday, June 18.


IFM presented its graduating bachelor class in a show featuring collections that consisted of six accessorised looks each. A ‘jury of professionals’ helped select the final looks from a total of 70 undergraduate fashion collections, a news article on the school website reads.


View some of the graduates' looks below.


A look by Victoria Yujin Kwon, IFM bachelor graduation show, June 2024. Credits: image courtesy of Institut Français de la Mode



A look by Nicolas Chaulet, IFM bachelor graduation show, June 2024 Credits: image courtesy of Institut Français de la Mode



A look by Yujia Sun, IFM bachelor graduation show, June 2024. Credits: image courtesy of Institut Français de la Mode



A look by Carla Mignonano, IFM bachelor graduation show, June 2024. Credits: image courtesy of Institut Français de la Mode



A look by Noah Almonte, IFM bachelor graduation show, June 2024. Credits: image courtesy of Institut Français de la Mode



In addition to the fashion graduation show, held at IFM’s campus in Paris, an exhibition was on display at the entrance to the school campus. It featured the work of first-year bachelor students at the institute, more specifically a project entitled ‘Xxxtreme shirt’. The exhibition was produced in partnership with Supima and Albini 1876.


A look by Tony Kayumba, IFM bachelor graduation show, June 2024. Credits: image courtesy of Institut Français de la Mode



A look by Nika Močnik, IFM bachelor graduation show, June 2024. Credits: image courtesy of Institut Français de la Mode


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