Alexander Wang’s New York Comeback; Hermès Wins MetaBirkins Suit

Solving Fashion's Microplastics Problem, Introducing The Business of Beauty Global Forum

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, FEBRUARY 9, 2023 Alexander Wang staged his first show in New York since 2019, with a collection aimed at both his booming Chinese business and rebounding American one. Brands should approach microplastics as a design challenge rather than "placing the onus on the consumer to do something," experts say. Hermès' victory in its lawsuit against the MetaBirkin NFT creator sets a new precedent for how fashion engages with web3 technology. Coty raised its profit outlook, betting on resilient demand for small luxuries such as lipstick and fragrance. Michael Kors-owner Capri cut its annual profit forecast on weak demand for handbags and apparel. Plus, The Business of Beauty Global Forum is coming to California from May 30-June 1, 2023. Request your invitation to attend.

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FASHION WEEK Alexander Wang's Romantic Return to New York By Tiffany Ap

The Cupid-themed show reflected sweeping changes to the brand since sexual assault allegations nearly derailed his business in 2019. READ MORE

TECHNOLOGY Hermès Wins 'MetaBirkin' NFTs Trial By Marc Bain

A jury in New York sided with the French luxury house in its year-long legal battle against Mason Rothschild over his digital renditions of its famed Birkin bag. READ MORE

SUSTAINABILITY Fashion's Microplastics Problem Is a Design Challenge By Rachel Deeley

Material choices, garment construction and manufacturing processes can make a big difference to reducing much of the polluting particles clothes shed. READ MORE

BEAUTY The Business of Beauty Global Forum Is Coming to California From May 30–June 1, 2023 By BoF Team

It's time for a completely different kind of beauty industry gathering. Request your invitation to attend our inaugural event for leaders shaping the global beauty and wellness industry. READ MORE

BoF PROFESSIONAL Join now and enjoy your first 30 days for just $/£/€1 START TRIAL

NEWS BRIEFS The Fashion Trust US Announces First Finalists for Awards Balenciaga Partners With National Children's Alliance Following Ad Controversy Report: Beyoncé's Ivy Park Misses Adidas' Sales Targets Capri Cuts Forecasts as Demand Slows, Shares Plunge 20% Coty Raises Profit Forecast on Resilient Demand, Price Hikes

PARTNER CONTENT

At CIFF, Future-Facing Tech Informs Growth Last week, Copenhagen International Fashion Fair (CIFF) welcomed more than 500 brands to its exhibition space. Building on this season's theme, Now and The Future, BoF's senior director Robin Mellery-Pratt moderated a panel on the technologies transforming manufacturing and retail, bringing together a group of market-leading experts to examine the ways in which technological innovation can support their growth and reinforce relationships with consumers via new channels.  "Digital fashion platforms are similar to the old school marketplaces. Their main power is the audience — the customers and community," said George Yashin, co-founder and chief executive of digital try-on platform ZERO10, who was also joined by the co-founders of digital luxury house Auroboros and founder and chief executive of niche fragrance brand Rook Perfumes. READ MORE

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