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Stories on fashion and luxury you won't read elsewhere
Miss Tweed:
Stories on fashion and luxury you won't read elsewhere
Stories on fashion and luxury you won't read elsewhere
Top stories
Astrid Wendlandt
27 October 2024
Business may be tough for the leading luxury brands but players in the second-hand market feel optimistic about the future. Vestiaire Collective and eBay are top players in the field. The French online luxury market has just received an extra cash injection from its main private equity backer. The U.S. firm, a veteran of the “we sell anything” style of e-commerce, is enjoying solid trading. Interviews with these two leaders in the sector shine a light on an increasingly confident market.
Weekly highlights
Kering this week posted the worst quarterly results of the luxury sector and issued its third profit warning in a row as Gucci’s turnaround is more painful and taking much longer than hoped. The French luxury group said its 2024 operating income would almost halve to its lowest level since 2016 as sales at most of its brands, except for Bottega Veneta have down since the beginning of the year.
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Astrid Wendlandt
20 October 2024
Jacquemus has retained Rothschild & Co to help it find a minority investor willing to finance its ambitious store opening plans and expensive celebrity-peppered shows and events, several senior industry sources with first-hand knowledge of the matter said.
Until last year, Jacquemus was regarded as one of France’s most prominent success stories.
Until last year, Jacquemus was regarded as one of France’s most prominent success stories.
Fabio Becheri
18 October 2024
Dior’s love affair with sports keeps getting stronger. You wonder why. After a coldly received athleisure collection presented during Paris Fashion Week, the French brand on Oct. 14 unveiled a capsule collection designed by Kim Jones in collaboration with Lewis Hamilton, the seven-time world Formula 1 champion. It was inspired by one of Hamilton's favorite pastimes: winter sports.
Astrid Wendlandt
13 October 2024
German online fashion retailer Mytheresa announced this week it was acquiring Yoox-Net-A-Porter (YNAP) from Cartier owner Richemont. The long-awaited deal removes a major thorn in the side of Richemont and puts an end to more than 14 years of having to disburse hundreds of millions of euros on botched IT projects and on covering YNAP’s losses every year.
Fabio Becheri
11 October 2024
“Owl Vision” is a new column for Miss Tweed about brands’ marketing and collections and how they fit with their strategy and narrative. Fabio Becheri has worked for more than two decades in the fashion industry. He was in charge of corporate image and media at Gucci, where he spent 19 years until 2017.
Astrid Wendlandt
6 October 2024
Musical chairs in the fashion world seem to be spinning out of control these days. Jonathan Anderson’s expected arrival at Dior, as reported by Miss Tweed on Friday, will trigger many rounds.
Astrid Wendlandt
4 October 2024
Anna Wintour may not have it her way in the end. The powerful Vogue editor, who has been lobbying LVMH boss Bernard Arnault for months to take back John Galliano for Dior, as Miss Tweed reported in July, ultimately could not convince him. It’s Jonathan Anderson, the Northern Irish designer who has turned Loewe into a huge success, who’s going to get the job, several senior industry sources said.
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Miss Tweed's Boutique
A Year in the News 2022-2023 is a compilation of Miss Tweed's stories published online during its third year. It is a way to immortalize on paper the media's digital content. Like our previous yearbooks, A Year in the News 2022-2023 is a limited edition and a collector's item. It celebrates the work of Claire Laude. Each one of her illustrations runs next to the first two paragraphs of the corresponding exclusive news or analysis.
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Author and journalist Astrid Wendlandt conducted a four-year investigation into the secretive world of fashion and luxury involving hundreds of interviews with top executives and designers. How Luxury Conquered the World explains how this industry has become one of the pillars of the global economy, putting it on a par with Google, Amazon, Facebook and Apple combined in terms of job creation and economic might.
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