What Happens When Designers Work With Shein

Setchu Wins LVMH Prize; Why Fashion Can't Ignore Extended Reality

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, JUNE 8, 2023 BoF spoke with designers about their experience with SheinX, the fast-fashion giant's sprawling platform for emerging creatives. Satoshi Kuwata's Setchu was awarded the 2023 LVMH Prize for its mix of Japanese concepts and Savile Row tailoring. Fashion brands will find it harder to ignore augmented reality once Apple's Vision Pro headset hits the market next year, writes Marc Bain. Zara owner Inditex reported a better-than-expected first-quarter profit and accelerating sales growth as customers weren't deterred by higher prices.

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RETAIL What Happens When Designers Team Up With Shein By Joan Kennedy

The company, which has come under fire for allegedly ripping off emerging designers' work, has partnered with thousands of creatives through its SheinX programme. BoF spoke with participants about what it's really like to work with the fast-fashion giant. READ MORE

LUXURY Satoshi Kuwata's Setchu Wins the 2023 LVMH Prize By Robert Williams The Savile Row-trained Japanese designer will receive a grant of €400,000 and mentoring by luxury's biggest group. Italy's Magliano and London-based Bettter, winners of the runner-up Karl Lagerfeld prize, will receive €200,000 each. READ MORE

TECHNOLOGY Why Fashion Can't Ignore Extended Reality By Marc Bain

Apple's new Vision Pro headset isn't just the tech giant's idea of a fun, new product. It's a bet on the future of computers. READ MORE

Grace Wales Bonner Wins BFC/GQ Designer Fashion Fund READ MORE

Zara-Owner Inditex Enjoys Strong Start to Summer READ MORE

Telfar to End Its Bag Security Program READ MORE

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NEWS BRIEFS Stitch Fix to Explore Exiting UK Market in 2024 Zara Owner Inditex Considers Fund to Back Environmental Startups Neiman Marcus Earnings Hit by Steep Discounts, Softer Demand Rent the Runway Sees Rising Workwear Demand, Trims Discounts

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