The Holiday Discount Trap

Kering in Talks to Acquire Tom Ford, Riccardo Tisci Releases Designs Under Own Label

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WHAT YOU NEED TO KNOW TODAY: FRIDAY, NOVEMBER 4, 2022 Retailers are taking steps to ensure this holiday's deep discounts are a one-off rather than a return to old promotional habits. Kering is in advanced talks to acquire Tom Ford, according to the Wall Street Journal. Riccardo Tisci has revealed designs under his own label for the first time in 17 years. A new documentary series examines the rise of fashion's top tycoons and superstar designers in the 1990s and 2000s. Former Ralph Lauren executive Alice Delahunt thinks digital fashion creators will produce the next great luxury brands.

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RETAIL How to Approach Promotions This Holiday Season By Cathaleen Chen

Retailers sitting on piles of unsold merchandise have little choice but to ramp up discounts. But there's a right way and a wrong way to attract bargain hunters. READ MORE

LUXURY How Fashion Went Corporate: Creativity, Commerce and Collateral Damage By Tim Blanks

Tim Blanks talks to the creators of 'Kingdom of Dreams,' a new documentary series on how the corporatisation of luxury fashion made superstars of designers John Galliano, Alexander McQueen, Tom Ford and Marc Jacobs, and built gilded empires for bosses Bernard Arnault and François Pinault. READ MORE

TECHNOLOGY The Executive Who Left Luxury for Digital Fashion By Marc Bain Alice Delahunt left her role as Ralph Lauren's chief digital and content officer to strike out on her own and found a new web3 company in the belief that digital fashion is reaching a turning point. READ MORE

Report: Kering in Talks to Acquire Tom Ford READ MORE

Riccardo Tisci Reveals New Design Under Own Label READ MORE

How I Became... Allbirds' Vice President of Product Design READ MORE

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NEWS BRIEFS Hugo Boss Raises Outlook as Revamp Brings in Younger Buyers Under Armour Cuts Annual Forecasts as Sportswear Demand Slumps

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