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8 Jan

They Were, They Are: Culture News to Watch in 2023

They Were, They Are: Culture News to Watch in 2023
2022: What a weird 12 months, indeed.  It was the 12 months we discovered the term “nepo babies” (and debated their validity), the 12 months we passed time on Wordle and the 12 months we debated if Harry Styles really did spit on Chris Pine in Venice (something that definitely was not on WWD’s 2022 Bingo card). Celebs and fashion folk alike rallied around crypto only to have it blow up of their faces, and lots of users debated leaving Twitter after Elon Musk’s rocky acquisition of the social media platform. It’s hard to assume a time once we weren’t aware of Julia Fox and her penchant for a barely there fit, yet it was only in early 2022 when the “Uncut...
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5 Jan

What to Watch: Victoria’s Secret’s Continued Transformation

What to Watch: Victoria’s Secret’s Continued Transformation
Victoria’s Secret’s makeover continues.  Most recently, the lingerie and wonder retailer added size-inclusive lingerie start-up Adore Me to the portfolio. That was after scooping up a minority stake in Los Angeles-based swimwear brand Frankies Bikinis earlier last 12 months.  Hailey Bieber for Victoria’s Secret holiday 2022. Courtesy Photo And this week, the corporate said Amy Hauk, who became chief executive officer of the Victoria’s Secret brand in a restructuring in July, would retire and leave the corporate as of March 31 to spend more time along with her family. Hauk has also led the Pink business since 2018. Together with her departure, Martin Waters, corporate CEO, will assume the responsibilities of brand name CEO as well, putting him more firmly in charge of the...
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5 Jan

What to Watch: Thom Browne, CFDA Chairman

What to Watch: Thom Browne, CFDA Chairman
Thom Browne takes over as chairman of the Council of Fashion Designers of America in a difficult, but additionally an auspicious time, when the American fashion community is brimming with next-gen area of interest talent just waiting for its big break. “There’s a mentality of all engines turned on,” newly minted CFDA accessories designer of the 12 months Raul Lopez, founding father of Luar, told WWD on the annual CFDA Awards in November. “It’s almost just like the pandemic was a controlled forest fire and from that fireside got here all latest growth,” Puppets & Puppets cofounder Carly Mark added of the explosion of designers representing myriad backgrounds and points of view, from post-emo to Goth to revenge dressing sexy. How will Browne...
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4 Jan

What to Watch: Caught within the Middle

What to Watch: Caught within the Middle
The squeeze is getting tighter. For middle-income and working-class families — those inordinately impacted by inflation, higher costs on essentials like food and heating, and rising rates of interest — money for discretionaries similar to apparel and accessories is drying up. And that’s going to make 2023 a tougher yr than 2022 for a lot of retailers. Middle-income Americans are shopping cautiously and “strategically” anticipating a difficult financial road ahead. Feeling essentially the most pressure will probably be mainstream shops similar to J.C. Penney, Macy’s, Kohl’s, Von Maur, Belk and Dillard’s, and fashion specialty chains similar to Gap, Old Navy and H&M, They’re prone to lose those shoppers trading right down to dollar and discount stores and mass chains like Walmart, Costco,...
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