Inside Sézane’s French Spin on DTC

Adidas Reveals Yeezy Inventory Plans; Prada's Revenue Jumps; Beauty Tiktok's Latest Obsession

ADVERTISEMENT

WHAT YOU NEED TO KNOW TODAY: FRIDAY, MAY 12, 2023 Adidas said it would sell its Yeezy inventory rather than destroy it, and released details of an internal investigation into Ye's conduct. French DTC label Sézane has ambitions to add new categories and ramp up sales in the US following an investment by L'Oréal's heirs. Prada's Q1 revenues jumped 22 percent, surpassing €1 billion, on a strong Asia rebound. Beauty TikTok can't stop talking about Tarte's influencer trip controversy, Taylor Swift's Eras tour looks and what users would repurchase if they lost their makeup bag. Plus, Pamela Anderson and John Legend will headline The Business of Beauty Global Forum on May 30-31. Join us from anywhere in the world by signing up for the livestream.

TOP STORIES

RETAIL Adidas Will Sell Its Yeezy Inventory By Daniel-Yaw Miller

At its annual meeting Thursday, the company confirmed plans to sell its remaining stock of Yeezy sneakers rather than destroy the merchandise. Adidas also told investors that an investigation into Ye's workplace misconduct did not substantiate claims of harassment. READ MORE

ENTREPRENEURSHIP How Sézane Turned French Girl Fashion Into a DTC Success Story By Tamison O'Connor Thanks to its sweet-spot pricing and strong brand identity, the cult Parisian label is proof that the original direct-to-consumer, cut-out-the-middleman business model still works. Now, it's opening a US office and launching new categories like homeware and kids. READ MORE

BEAUTY Pamela Anderson and John Legend Will Headline The Business of Beauty Global Forum By BoF Team

Join the global livestream on May 30 and 31, 2023 to unlock essential learnings, challenge conventional thinking and inspire innovation in the global beauty and wellness industry. READ MORE

Prada's Q1 Revenues Jump 22 Percent, Surpassing €1 Billion READ MORE

Beauty TikTok's Latest Obsessions READ MORE

DVF Launches Secondhand With 'ReWrap' READ MORE

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

NEWS BRIEFS Tapestry Lifts Forecast as Coach Bags Defy US Luxury Gloom JD.com Beats Estimates for Quarterly Revenue

MULTIMEDIA

SUSTAINABILITY BoF LIVE | How to Avoid Another Rana Plaza By BoF Team

PARTNER CONTENT

Invisible Collection on the Future of Interior Design in Fashion Retail To discover how store interior design is innovating to increase dwell time and community engagement, BoF sits down with Invisible Collection co-founder Isabelle Dubern-Mallevays. "The best spaces are also designed around touch and aspiration. It is about cultural discovery. You integrate the culture; you suggest taste. We do the same in our shops — we build a reference library, we integrate a conversation starter, and everything is a unified proposition within the brand offering," Dubern-Mallevays told BoF. READ MORE

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

The Week in Photos: May 12, 2023

The first steps of a new monarch, writers vs machines, new navy assets christened, Marcos in ASEAN summit, and much more ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Open in your browser The Week in Photos The first steps of a new monarch, writers vs machines, new navy assets christened, Marcos in ASEAN summit, and much more SUBSCRIBE Fake Job Scheme Over 1,000 foreigners and Filipinos end up as human trafficking victims after a company at Clark Freeport in Pampanga subjected them to forced labor. —PNP   Forward-Looking Ceremony King Charles III takes his first steps as the newly crowned British monarch inside Westminster Abbey in central London on May 6, 2023. Outside the United Kingdom, he is also king of 14 other Commonwealth countries. —AFP Boat Tour Members of the Indian Navy visit the BRP Antonio Luna at Changi Naval Base in Singapore on May 4. A task group of the Philippine Navy was there to take part in the first Asean-India Maritime Exercise, its "sea phase" conducted in the South China Sea on May 7. —PHILIPPINE NAVY 'Art Cannot Be Created By A Machine' A mariachi band performs as members of the Writers Guild of America picket outside the Netflix office in Hollywood to protest the use of artificial intelligence. —AFP New Sea Assets Two Fast Attack Interdiction Craft platforms of the Philippine Navy are christened during a cermeony at Naval Station Pascual Ledesma in Cavite City on May 8. —RICHARD A. REYES   Not For Long Term President Marcos opens a Kadiwa outlet to provide consumers a temporary respite from high prices. —PHILIPPINE NEWS AGENCY Revolutionary Teachers in Manila on May 9 bring out pieces of memomaribilia about Gregoria de Jesus—muse of the secret society that revolted against Spain. May 9 was her 148th birth anniversary. —RICHARD A. REYES   Under the Sea The Verde Island Passage provides livelihood to coastal communities in the provinces of Oriental and Occidental Mindoro, Batangas, Marinduque and Romblon. —PROTECT VERDE ISLAND PASSAGE On the Same Boat President Marcos joins other Southeast Asian leaders on May 10 for the traditional photo op marking the regional, 10-nation summit, which this year is hosted by Indonesia in the scenic coastal city of Labuan Bajo. —REUTERS Seeing the Light Former Vice President Leni Robredo and former Sen. Kiko Pangilinan at the May 9 launch of the book "Tayo Ang Liwanag" —LENI ROBREDO TEAM FACEBOOK a small favor Hi Edward, We'd like to know what you think of this newsletter. Send us your feedback by leaving a message in our suggestion box. say hi Copyright © 2023 PHILIPPINE DAILY INQUIRER, All rights reserved. You are receiving this e-mail because you are subscribed to Inquirer Newsletters. Unsubscribe