What Happened to Crypto’s Luxury Shoppers

Frame Denim's Quest for Fashion Cred, Gucci Drops Rabbit Felt

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WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, JANUARY 25, 2023 Crypto entrepreneurs aren't giving up their luxury brands, but they are toning down their style as the market stumbles. Frame Denim is betting on a yet-to-be-named designer to bring more fashion cred to its collections. Tim Blanks reports from Couture Week: Chanel, Armani, Dior and more. Fashion's supply chain executives are bracing for a multitude of risks, BoF Insights research shows. Gucci has pulled products made of rabbit felt after facing question about how they fit with its fur-free policy.

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TECHNOLOGY What Happened to Crypto's Luxury Shoppers By Marc Bain

The crypto market's dramatic decline hasn't totally curbed its wild spending, though it does look to be shifting its predilection for loud luxury toward a more discrete sense of style. READ MORE

RETAIL Can Frame Denim Be a Fashion Brand? By Lauren Sherman

Ten years after inception, the fast-growing premium jeans maker is betting on the power of the runway. READ MORE

FASHION WEEK Haute Couture Covers a Curiously Broad Waterfront By Tim Blanks

The grand old names Dior, Chanel and Armani have very different ideas about dressing the most demanding clients in fashion READ MORE

RETAIL BoF Insights | How to Prevent Supply Chain Headaches Turning Into a 'Big Migraine' By BoF Insights Pandemic-related disruptions of supply chains may be dissipating, but the pressure on brands to mitigate the risks of bottlenecks is not. READ MORE

SUSTAINABILITY Gucci Pulls Rabbit Felt Products By Rachel Deeley The company faced questions about how rabbit felt, which is made from the animal's hairs, fit with its no-fur policy. READ MORE

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NEWS BRIEFS Levi Strauss Holiday Sales Set to Fall as Shoppers Move Away From Denim Major Brands Sign Pakistan Accord for Garment Worker Safety Swatch Positive on Recovery in Luxury Demand From China Primark Cautious on 2023 After 'Very Strong' Christmas

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