Are Exotic Skins Going the Way of Fur?

Stadium Goods Introduces Bulk Buying, Fragrance as Escapism

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WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, MAY 4, 2022 Don't miss The BoF Professional Summit: New Frontiers in Fashion and Technology starting today at 09:30 EDT. Register for the livestream now. After successfully pushing many of fashion's biggest brands to ditch fur, animal rights groups are taking aim at exotic skins. Bold scents inspired by travel destinations are driving growth for fragrance brands as the category continues to ride out its pandemic-era momentum. Stadium Goods has started selling sneakers in bulk to resellers, a move it says will reduce reliance on bots to secure inventory. Kering has invested in lab-grown leather start-up VitroLabs. From AI to apps, fashion-tech investment is set to accelerate, according to BoF and McKinsey's new special edition of The State of Fashion.

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SUSTAINABILITY Could Exotic Skins Go the Same Way as Fur? By Rachel Deeley

While some companies have denounced the use of crocodile, snake and ostrich skins to make high-end leather goods, others are doubling down on the product category. READ MORE

BEAUTY What's Driving the Escapist Fragrance Boom By Rachel Strugatz

Sales of bold scents inspired by far-off destinations led to a fragrance boom during the pandemic and the return of travel hasn't slowed momentum. READ MORE

TECHNOLOGY Get Ready for the Great Fashion Tech Acceleration By BoF Team and McKinsey & Company

As the industry gets ready for unprecedented pace of technological advancements, leading brands and retailers are expected to double their spending by 2030 on everything from AI to hyper-personalisation tools to traceability. BoF and McKinsey's new special edition of The State of Fashion unpacks what lies ahead. READ MORE

RETAIL Stadium Goods Has Started Selling Sneakers In Bulk By Marc Bain The sneaker-consignment business believes there's an opportunity for sellers and buyers alike to profit from the margin benefits of bulk sales. READ MORE

SUSTAINABILITY Kering Invests in Lab-Grown Leather Startup By Sarah Kent The French luxury giant participated in a $46 million funding round intended to accelerate commercialisation of San Francisco-based VitroLabs' lab-grown leather. READ MORE

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