Often separated into contrasting markets, consumers of fast fashion and luxury might not be so different after all. Today’s consumers are purchasing from both categories as they shop, moving seamlessly between consumer behaviors that cater to present needs, desires and occasions. To gain a better understanding of these motivations, Radial, an e-commerce provider, conducted a consumer survey of 1,000 U.S. adults, revealing current consumer sentiments on fast fashion, the quiet luxury trend and what is driving purchase behaviors. The report defines “quiet luxury” as “a fashion style that embraces enduring craftsmanship, timeless logo-free wardrobe staples, understated elegance and long-term value,” while fast fashion is “inexpensive clothing that is mass produced quickly in response to the latest trends [and] is all about visibility and catering to the moment” with callout brands including H&M, Zara, FOREVER21 (UK) LIMITED and SHEIN. Read more : https://lnkd.in/erWbftTh
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The first in fashion. For more than 100 years, WWD has been the media of record -- and the industry voice of authority -- for senior executives in the global women's and men's fashion, retail and beauty communities and the consumer media that cover the market. Follow WWD for the latest in fashion, beauty and retail news. Subscribe today at wwd.com/subscription.
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http://www.wwd.com
External link for WWD
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- Book and Periodical Publishing
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Updates
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Seaweed Bath Co., the ocean-inspired natural beauty brand, has acquired Andalou Naturals and Mineral Fusion from Australian conglomerate BWX Ltd. Terms of its first acquisition were not disclosed, but WWD understands total revenue of the three brands combined is around $40 million to $50 million. WWD first reported these two brands were for sale in 2023. BWX acquired Mineral Fusion Natural Brands in 2017 for $38.4 million. At that time, Mineral Fusion had about $24 million in sales; later that year, it also acquired Andalou Naturals. “We have admired Andalou Naturals and Mineral Fusion for a long time, and we are thrilled to bring together the resources, knowledge and extensive experience of the team,” said Allison Grossman, cofounder of Seaweed Bath Co., of the acquisition. Read more : https://lnkd.in/gTvmJGvV
EXCLUSIVE: Seaweed Bath Co. Acquires Andalou Naturals, Mineral Fusion
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Having completed its third year, the F1 Miami Grand Prix has finally raced to win at the checkered flag. Since its inception, the first U.S. race on the calendar has continued to find ways to build upon its initial hype. And alongside these improvements for Formula 1 fans and drivers/teams, brands in fashion, beauty and lifestyle space have only gotten more invested in attending and activating at the Grand Prix. According to ESPN, ABC’s broadcasting of the Sunday race on May 5 was the largest number for live U.S. television on record for F1 — an average of 3.1 million viewers watched McLaren Group’s Lando Norris — beating out the three-time reigning World Driver Champion, Red Bull's Max Verstappen — to win his first Formula 1 race. Read more : https://lnkd.in/ebXD5Ky8
How the Miami Grand Prix Became Fashion’s Hottest Place to Be
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Waving the bleu, blanc and rouge colors of the French flag, hometown brand Ami Paris is taking over Galeries Lafayette for the summer with a series of pop-ups, a capsule collection and a beach-themed rooftop terrace just in time for the Olympics. Galeries Lafayette is the historical partner of the brand. “They contacted us to say, let’s do something crazy during the Olympics,” said AMI PARIS chief executive officer Nicolas Santi-Weil. “And that’s what we love to do — to surprise a client, to surprise a partner, and to surprise ourselves.” Dubbed “La Plage AMI,” the first of activations of the brand founded by Alexandre Mattiussi will kick off on Wednesday and run through the summer until Sept. 2. Read more : https://lnkd.in/eCtqhSwz
EXCLUSIVE: Ami Paris Opens Summer Pop-up at Galeries Lafayette, With Rooftop Terrace and Capsule Collection
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L’Agence is setting down roots with a new flagship and showroom in Paris — the name of the L.A-based fashion and denim brand is French after all. “There’s a connection in the brand DNA,” chief executive officer Jonny Saven told WWD. The brand was cofounded by former J Brand jeans founder and chief executive officer Jeff Rudes in 2008 to bring a Parisian twist of style to California cool. Read more : https://lnkd.in/eirE2J_R
EXCLUSIVE: L’Agence Opens Paris Flagship and Showroom as Springboard for European Expansion
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In a day that will go down in the fine jewelry history books, Richemont has made a rapid-fire series of top management appointments, naming Louis-A FERLA chief executive officer of Cartier and Catherine Rénier CEO of Van Cleef & Arpels. Richemont revealed the two key appointments within hours of each other on Tuesday. Both managers are current Richemont executives, and will take up their positions at two of the group’s biggest and most profitable brands on Sept. 1. Read more : https://lnkd.in/ePJSjwe9
Richemont Names New CEOs for Top Brands Cartier, and Van Cleef & Arpels
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On today's cover: Joy to the World — Leading with liberation and self-love, Marc Jacobs' spectacular Monday night runway show displayed colorful, feminine clothes that played on classic styles and iconic cartoon characters. For more, see pages 6 to 9. https://lnkd.in/eMMQSwWM Photography by Kelly Taub for WWD.
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Adeela Hussain Johnson, MBA was previously president of BÉIS.
Béis Names Adeela Hussain Johnson CEO
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