On November 5, Amazon.com Inc. made an important move by cutting fees for merchants selling clothing priced below $20, signaling its readiness to compete on price with Chinese fast-fashion Shein.
Designer Jerry Lorenzo’s own streetwear brand, Fear of God, has a cult following and the craze continues unabated.
On December 1, Italian luxury brand Tod’s announced the appointment of Matteo Tamburini as its new creative director.
After three years as Creative Director of Givenchy, Matthew Williams will exit the position in January 2024 following the Pre-Fall 2024 collection.
The current schedule of Fashion Weeks in major cities for 2024 is as follows.
On November 27, it was announced that Shein, the giant Chinese fast-fashion retailer, has confidentially filed for an initial public offering (IPO) in the United States.
Swedish fast fashion brand H&M will raise the price of garments produced in Bangladesh to compensate for higher wages for supplier workers.
On November 22, sports company Puma announced the appointment of Ryokusai Inoue as the new general manager of Puma Japan.
On November 18, high jewelry brand Cartier opened a new boutique in New York City’s SoHo district. The new store is located at 102 Greene Street.
On November 17, French resale e-commerce platform Vestiaire Collective announced the banning of 30 fast fashion brands from its platform, including Zara, H&M, Gap, Mango, and Uniqlo.