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Chicago’s affluent community rallies to raise $66 million for the battle against crime

Global World Fashion / By

Chicago’s affluent families and prominent business figures have amassed $66 million to bolster the city’s fight against crime. Contributions from esteemed foundations like the Crown and Pritzker families constituted just over 30% of the $200 million required for an initiative aimed at curbing gun violence. This generous support represents more than half of the $100 …

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Avon Continues Recruitment Efforts in Russia – BBC News

Global World Fashion / By

Despite the ongoing war in Ukraine, a recent BBC report reveals that the direct selling company, Avon, continues its operations in Russia.   In March 2022, amid the conflict’s outset, the company announced on social media its decision to halt investments in Russia and cease international exports of products manufactured at its Russian facility in …

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Fashion Trends Veer Toward the Extreme Once More

Global World Fashion / By

Fashion Trends Take a Turn for the Extreme   In recent fashion discourse, the spotlight is on the increasingly extravagant runway ensembles. Consider Duran Lantink’s inflatable denim, Marni’s 3-D floral embellishments, Christian Cowan’s oversized fur balls, Schiaparelli’s skirt accompanied by an enormous lobster, Rick Owens’ bold shoulders and flowing capes, and Mugler’s ethereal silk displays …

Fashion Trends Veer Toward the Extreme Once More Read More »

Could the Mob Wife Aesthetic Shatter the Serenity of Quiet Luxury?

Global World Fashion / By

Amidst the myriad microtrends that have surged in recent seasons, propelled by TikTok and an explanatory media landscape, a prevailing theme emerges: hyper-femininity reigns supreme. Initially, Barbiecore plunged into our consciousness with its vibrant hot-pink allure, swiftly followed by its counterpart, bimbocore. Subsequently, a plethora of sweet, innocent, girlish motifs flooded the scene, ranging from …

Could the Mob Wife Aesthetic Shatter the Serenity of Quiet Luxury? Read More »

Investors at Farfetch unite to oppose Coupang acquisition

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Farfetch’s financial strain persists, casting a shadow just a month after securing its rescuer. A consortium of investors, known as the 2027 Ad Hoc Group, emerged recently to oppose the impending acquisition of the beleaguered luxury e-commerce platform by South Korea’s Coupang.   Although the deal, unveiled last December and involving a $500 million bridge …

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Boohoo Ends Relationship with UK Supplier Amid Allegations of Overtime Work

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Boohoo Group Plc announced it has severed ties with a UK supplier following allegations of mandatory overtime for warehouse staff. The decision was made public on Friday following a BBC documentary titled “Boohoo’s Broken Promises,” which accused the fast-fashion retailer of exerting undue pressure on garment suppliers. Boohoo’s CEO, John Lyttle, assured Philip Dunne, chair …

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LVMH Considers Acquisition of Property on Fifth Avenue in Manhattan

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LVMH Moët Hennessy Louis Vuitton SE is currently in negotiations to acquire a building situated on Manhattan’s renowned Fifth Avenue, as the luxury conglomerate aims to secure prime retail locations worldwide. The conglomerate, which boasts ownership of 75 brands including Christian Dior and Tiffany & Co., is reportedly exploring the purchase of 745 Fifth Ave., …

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Could AmerSports Succeed Where Birkenstock Faced Challenges?

Global World Fashion / By

Will Amer Sports Outpace Birkenstock’s IPO Misstep? The upcoming initial public offering (IPO) of the owner of Arc’teryx, Salomon, and Wilson seeks to avoid the pitfalls encountered by the last major fashion listing. Amer Sports, the proprietor of functional gear brands like Arc’teryx and Salomon, is set to debut on the New York Stock Exchange …

Could AmerSports Succeed Where Birkenstock Faced Challenges? Read More »

LVMH’s Consistent Holiday Expansion Provides Encouraging Outlook for Luxury Market

Global World Fashion / By

PARIS – Does the absence of negative news imply positive developments? During LVMH’s annual results presentation on Thursday, analysts and investors expressed relief as the luxury industry’s foremost player conveyed cautious optimism regarding the duration and severity of the current slowdown.   Chairman Bernard Arnault voiced his anticipation for improved macroeconomic conditions in the luxury …

LVMH’s Consistent Holiday Expansion Provides Encouraging Outlook for Luxury Market Read More »

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