The Cartier-Tiffany Rivalry Heats Up

A Big Investment in Wholesale, Hanifa's First Show

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WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, NOVEMBER 17, 2021 Cartier launched a major holiday campaign this week as it faces stepped-up competition from rival jeweller Tiffany. Over 600 guests descended on Washington, D.C. to see Hanifa designer Anifa Mvuemba's first in-person fashion show. A $12 billion valuation for a start-up connecting brands with retail partners is a sign there's plenty of life in the wholesale model. Morgan Stanley sees NFTs, social gaming and other digital fashion becoming a $50 billion business for luxury brands by 2030. A ban on effeminate men in Chinese media could have far-reaching implications for global brands and the local fashion community. Join Ledger's chief experience officer Ian Rogers, along with Lady Phe0nix and Joe Hage to discuss opportunities for fashion in the metaverse at VOICES 2021 from Dec 1-3. Register now to attend the livestream.

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LUXURY For Cartier, Love Is a Battlefield By Robert Williams

With Tiffany's LVMH-backed reboot making a splash, Cartier is trying to hit back with its own holiday push. Here's what the campaign says about the Paris-based jewellery giant's strategy. READ MORE

ENTREPRENEURSHIP Hanifa's Washington Debut By M.C. Nanda The brand known for pioneering virtual fashion finally met its audience in real life, giving a glimpse into designer Anifa Mvuemba's long term ambitions. READ MORE

RETAIL The $12 Billion Start-Up Proving Wholesale Is Thriving By Cathaleen Chen

A $400 million investment in Faire, which pairs brands with retailers, is a sign of how multi-brand stores are here to stay after a decade where direct-to-consumer brands dominated the conversation. READ MORE

CHINA Why Effeminate Men Have Been Banned in China By Zoe Suen The government's recent ban on so-called "sissy men" in the media could have far-reaching implications for China's fashion community and global brands operating there. READ MORE

Nike Delays Its Travis Scott Sneaker Release After Astroworld Concert Tragedy READ MORE

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NEWS BRIEFS Following Investment, M&S Launches on Rental Platform Hirestreet Peru's Biggest Fashion Trade Shows Push Appeal of Alpaca Products Gucci CEO Sees 2021 Sales in Line With 2019, Perhaps a Little Higher Metaverse: A $50 Billion Revenue Opportunity for Luxury

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At Klarna, A New Customer Acquisition Channel for Retailers "I believe we're becoming a very viable marketing alternative to the Facebook and Google networks," says Klarna chief marketing officer David Sandstrom.  Here, he shares why the payments company is investing heavily in its retailer support offerings and what it means for brands. READ MORE

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