âWhen we consider the luxury and fashion markets outside of the US, itâs worth noting that protectionism was already on the rise, and itâs only likely to increase in the short to medium term on the back of the new trade deals and tariffs,â says Roberts, referring to limiting imports in order to boost domestic industries.
Bangladesh has some capacity to absorb the overflow from shifting supply chains, but persistent concerns around labour conditions, safety and political unrest make it a less attractive alternative, according to Vincent Quan, associate professor at the Fashion Institute of Technology (FIT).
Sarah Wells, founder and CEO of a company selling bags and apparel for new mothers, said during the event that the uncertainty spurred by tariffs represents âthe biggest challenge that my small business faces this year.â
The full campaign, which includes out-of-home (OOH) ads and a pop-up experience, was crafted with emotion in mind, marking a departure from the premium brandâs previous strategy.
âOn-the-go media is a dynamic, full sight, sound and motion video advertising format designed to engage consumers during key moments in their daily routines,â explained Kristina Lutz, EVP of marketing for GSTV.
Observers this week might have been tempted to add California Pizza Kitchen (CPK) to that list when the casual dining chain relaunched its Instagram with images and videos full of metallic graphics, models in hoodies, noisy electronic beats and taglines including âFresh.
To that end, Gap has been working to insert itself back into the cultural conversation in recent years, including through several dance-focused ads with the likes of Troye Sivan and Parker Posey.
Addressing questions about consumer sentiment and discretionary spending, Leviâs CEO Michelle Gass on Wednesday noted that the denim brand already has an âapproachable price pointâ but acknowledged that shoppers may nevertheless be more cautious in their purchase behavior in the near term.
Customers pulled back their spending at higher-end brands including Chanel and Christian Dior for the second year in a row, which Consumer Edge said could be attributed to a potential protest against price hikes and limited product innovation.
Amazon announced it will bring back its Big Spring Sale on Tuesday through March 31, offering discounts of up to 40% in 35 categories, including apparel, beauty, outdoor furniture and garden supplies.
In regards to a potential upswing in China, report authors said they were âencouraged by the recent equity market pickup there.â They added that âa more pro-business attitude from the Chinese administration and conversations with luxury managers in the regionâ point to âa likely trough in demand a few months ago now.â
âAt The EstĂ©e Lauder Companies, we need to keep pace with a changing environment where an increasingly large share of transactions is happening through digital channels such as mobile devices,â said Yuri Ezhkov, vice president for the creative center of excellence at ELC, in a statement
Reebokâs return to golf speaks to its efforts to rebuild its identity as a team sports footwear and apparel company, a tag that was largely lost when Adidas owned the label and marketed it more as a fitness brand.
CEO Daniel Grieder said in the report that the ârobust bottom-line improvementsâ would be the result of âa relentless focus on maintaining cost discipline and driving additional efficiencies.â
The 20 contenders include All-In by Benjamin Barron and Bror August VestbĂž, the protĂ©gĂ©s of renowned stylist Lotta Volkova; Yasmin Mansour, who won the ready-to-wear prize at the most recent edition of Fashion Trust Arabia; and Paris-based Alain Paul, who, after working at Louis Vuitton Menâs under Virgil Abloh, created his namesake brand with his husband Luis Philippe, a Colette alum.
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âTo stray now would be not just antithetical to who we are but fundamentally at odds with our ability to steward a thriving co-op for future generations,â the two leaders said, noting that its values have been critical to success since its founding in 1938.
