What Happened On the Met Gala Red Carpet

Retail's RFID Revolution; Veronica Beard Goes Global

ADVERTISEMENT

WHAT YOU NEED TO KNOW TODAY: TUESDAY, MAY 2, 2023 RFID inventory tracking technology is transforming how retailers like Zara, Uniqlo and American Eagle operate their stores. The Karl Lagerfeld theme made for a by-the-book – though not boring – Met Gala red carpet. A growing number of retailers, including Ulta and Sephora, operate accelerator programmes to help new beauty brands. After building a following in the US, Veronica Beard is testing how its denim and blazers will play globally. Boutique chain Francesca's has acquired loungewear brand Richer Poorer. Adidas will offer preferred access to select drops through NFTs on its Confirmed app.

TOP STORIES

NEWS & ANALYSIS At the Met Gala, Karl Lagerfeld Was the Evening's Star By Diana Pearl

Attendees stayed on dress code — with some over-the-top interpretations — for the annual event, which paid homage to the late designer. READ MORE

TECHNOLOGY RFID's 'Quiet Revolution' in Retail By Marc Bain

Zara, Uniqlo and American Eagle are among those leaning on the technology for abilities like self-checkout and better inventory tracking, while more companies join the 'cult of RFID' each year. READ MORE

RETAIL Veronica Beard Is a Hit in the US. Will Its Formula Work Globally Too? By Cathaleen Chen

The contemporary label is on track to hit $250 million in sales this year. Up next are stores and new wholesale accounts in Asia, Europe and the Middle East. READ MORE

BEAUTY How New Beauty Brands Are Made By Priya Rao

Retail accelerators have offered new founders help breaking into retail and boosting merchandising assortments. Results may vary. READ MORE

TECHNOLOGY Adidas Is Bringing Web3 Into Its Confirmed App By Marc Bain The app, where Adidas releases its most in-demand products, will offer preferred access to select drops through NFTs, a capability enabled by the company's new three-year partnership with technology provider Tokenproof. READ MORE

RETAIL Francesca's Acquires Loungewear Brand Richer Poorer By Cathaleen Chen The retailer, which was bought out of bankruptcy by private equity firms in 2021, said it plans to expand its portfolio of brands beyond this acquisition. READ MORE

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

NEWS BRIEFS US Lawmakers Push SEC to Order Audit of Shein IPO Over Uyghur Forced Labor Fears Soviet and Russian Fashion Icon Slava Zaitsev Dead at 85

The Business of Fashion AGENDA-SETTING INTELLIGENCE, ANALYSIS AND ADVICE FOR THE GLOBAL FASHION COMMUNITY. CONNECT WITH US ON CONTACT US ETHICS POLICY SPONSORSHIP & ADVERTISING JOB OPPORTUNITIES This email was sent to edwardlorilla1986.paxforex@blogger.com Update your preferences or unsubscribe from this list. All services provided are subject to our Privacy Policy. The Business of Fashion Ltd The Business of Fashion, Soho Works 2, Television Centre, 101 Wood Lane, London, W12 7FR, United Kingdom businessoffashion.com