Amanda McCormick Bacal

Texworld New York City has announced the launch of its Industry Insight Series at Winter 2025 edition. The one-day paid event will feature a keynote by The Business of Fashion president Nick Blunden on the State of Fashion 2025 report by McKinsey & Company. Highlights include a sustainability panel by Brittany Sierra, networking lunch, and actionable insights for professionals shaping fashion's future. #Fibre2Fashion #f2f #apparel #textile #fashion #textileindustry #f2fnews Read more here: https://lnkd.in/gsZZvQW8

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Saks will now have Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, and Saks OFF 5TH in its portfolio. Under the agreement, first reported this summer, Saks will acquire 36 Neiman Marcus stores across key states like California, Texas, Florida, Illinois, and New York. The acquisition was funded with equity contributions from major players like Amazon, Salesforce, and Authentic Brands Group (known for Reebok, Forever 21, and Billabong). According to Bloomberg, the move aims to boost profitability by leveraging stronger vendor relationships and reducing supply chain costs.

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HENRY ZANKOV, the designer and founder of ZANKOV, joined WWD Style Director Alex Badia at the WWD Apparel & Retail CEO Summit to discuss his perspective on the future of American fashion, along with fellow designers Rachel Scott of DIOTIMA and Jackson Wiederhoeft of Wiederhoeft. Read the full article below to learn more about what ZANKOV had to say: https://lnkd.in/gZbTDane

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Blake Kotenbrink, SVP, Group Director Business Leadership, shares why Willy Chavarria, AGBOBLY , Sprayground, and Ganni A/S are “delivering exactly what the fashion world needs” in this fashion spotlight feature by The Drum. Check it out 🛒🛍️✨ #FashionMarketing #MarketingTrends #FashionTrends

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One day after EssilorLuxottica announced its deal to acquire Supreme from VF Corporation, Meta, Facebook's owner, is in talks to acquire a stake of about 5% in the eyewear company. Based on recent market value, a roughly 5% stake could be valued at around $5 billion, a relatively small for Meta, given its market value of around $1.2 trillion. EssilorLuxottica makes Meta's Ray Ban smart glasses and sales of the glasses have exceeded expectations. The devices, an important part of Meta’s hardware strategy, allow users to take photos and listen to music with the frames of their glasses, among other features. Maintaining ties with Luxottica is crucial for the success of smart glasses devices and the company’s ambitions to build the so-called metaverse, which is a term used to describe people interacting in a 3-D version of the internet simultaneously. A third generation of Ray-Ban Meta glasses, expected to include a small screen display, is expected to be ready for consumers in time for the 2025 holiday season. The allure of Luxottica’s Ray-Ban brand is important to the success of a tech device that users are expected to wear on their faces. Luxottica’s ownership of LensCrafters, the prescription-eyewear retailer, also plays a key role in selling the Ray-Ban Meta to users who require prescription lenses. The two companies began working together several years ago for the release of the first generation Ray-Ban Stories smart glasses, which went on sale in 2021. The initial device struggled to catch on with consumers, and among the glasses that were sold, only 10% of the Ray-Ban Stories were actively used by their purchasers. The second-generation Ray-Ban Meta glasses went on sale in September and have done significantly better than their predecessors. The Ray-Ban Meta glasses operate more quickly and have better cameras than their predecessor. The Ray-Ban Meta also includes nascent generative #AI technology that allows users to ask the device for information about the things in front of them, such as the breed of a cat. The Ray-Ban Meta glasses have proven popular for users who want to shoot hands-free videos of their children playing and first-person videos of themselves while going on roller coasters or riding bikes. Meta hasn’t said how well the Ray-Ban Meta glasses have sold, but CEO Mark Zuckerberg said in April that the device was doing well and that a market for that type of device was developing sooner than he would have expected. Meta sells its own devices to employees at a discount, and offers the Ray-Ban Meta glasses at a 15% discount with a limit of 3 pairs per employee. The new glasses have proven so popular internally that some employees have tried to get extra pairs from their colleagues after hitting the 3-pair limit. #strategy #technology #smartdevice https://lnkd.in/ePwG-bSc?

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We’re excited to welcome Stephen Lamar, President & CEO of the American Apparel & Footwear Association (AAFA), to kick off the Luxury Law Summit New York with a forward-looking keynote: Fashion’s Future Under 47. Stephen will dive into what we can expect at the intersection of fashion and politics in the coming years—insights that are especially relevant as the industry navigates evolving regulations and global challenges. Join us to gain valuable perspectives on shaping the future of fashion.  Click here to view the agenda https://lnkd.in/ebjGYGda  #luxurylaw #luxurybrands #law 

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McKinsey & Company recently released its "State of Fashion 2025" report, which highlights both the challenges and opportunities in the fashion industry. While economic uncertainty and shifting consumer behavior create hurdles, there are emerging growth areas—such as localization, expanded price ranges, and focusing on the silver generation. We believe the brands that embrace these changes, invest in personalized shopping experiences, and leverage new technologies will be well-positioned to thrive. https://lnkd.in/dA5zk23 #RealEstateInsights #LuxuryRetail #MarketTrends #OdysseyRetailAdvisors

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Sex Toy Distributing Empire: Your 2024 Guide to Success Gone are the days of hushed whispers! The sex toy industry is booming, projected to DOUBLE by 2030 (that's $80 BILLION!), making it a RIPE opportunity for savvy entrepreneurs. This guide gives you the lowdown on EVERYTHING you need to launch your sex toy distributing empire. Find Your Niche & Source: First things first - who are you selling to? BDSM enthusiasts? The LGBTQIA+ community? Research your target audience and source high-quality toys that cater to their desires. Resell existing products, outsource to a manufacturer, or create your own - each option has pros and cons! Safety & Privacy First: Customer trust is paramount. Ensure your products are safe (think detailed labeling, clear instructions), and comply with regulations. Discrete packaging and secure data handling are essential! Partnering with an experienced company can make navigating legalities a breeze. Build a Brand that Sells: Don't be afraid to get personal! What values will your brand embody? What drives you? These elements shape your voice, tone, and visuals, creating a magnetic connection with your ideal customer. Craft Your Online Store: Building your online empire requires navigating legal restrictions. Some payment processors shy away from adult products, so research is key! High-quality photos, detailed descriptions, and a user-friendly platform are crucial. Partnering with a seasoned company can smooth out this process. Price to Win: Finding the sweet spot between profit and affordability is key. Understand your costs (manufacturing, shipping) and factor in a fair profit margin. Research competitor pricing and consider offering tiered options to cater to different budgets. Marketing Magic: Get creative! Craft engaging website content, leverage SEO to attract organic traffic, and explore affiliate marketing to expand your reach. Partner with sex-positive influencers (micro-influencers are budget-friendly!) to create buzz. Email is Your Secret Weapon: Build an email list before launch! Create excitement with a "Coming Soon" page offering discounts for early sign-ups. Partnering with a sex-toy distributing expert can guide you through proven marketing strategies. Ready to Build Your Empire? The sex-positive revolution is here, and YOU can be a part of it! This guide equips you with the knowledge to navigate this exciting industry. Partner with a company like V For Vibes, and watch your sex toy distributing business soar! https://lnkd.in/guh-NKhR

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In the latest episode of The Iksula Podcast, host Anurag Kapoor is joined by Industry experts Eric Johnson and Pralhad Tipnis on "The 3 Important Trends in the US Fashion Industry in 2024”. Key Takeaways: - Projected Market Growth: Driven by increasing disposable incomes and online retail expansion. - Change in Consumer Behaviour: Importance of sustainability, personalization and social commerce. - Fashion Retail Challenges: Economic uncertainty, technological shifts and competitive pressure. Listen to the podcast to understand how the US Fashion Industry is facing multiple challenges, the ways technology is helping and what potential AI holds to drive growth and profitability - https://lnkd.in/gbmBW8Jd #TheIksulaPodcast #FashionIndustry #USFashionTrends #Ecommerce #SustainabilityInFashion #FashionTech #AIInFashion #MarketTrends #IndustryInsights #FashionGrowth #OnlineRetail

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The $5M+ Store Club 🏆: The Reality for Luxury Giants, Not Most Brands For blockbuster luxury brands, success in retail often looks like this: 📈 High Awareness 💸 Average price tags of $1,500+ 🛒 Multi-category assortments driving high AOV (Average Order Value) With this formula, they’re able to surpass $5M in revenue per store. But for most consumer brands? This level of scale is a distant reality. While these heavyweights thrive on brand loyalty and premium price points, the journey for most brands means navigating a different strategies to build their own version of success in retail.

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The fashion industry in Los Angeles has always been a dynamic and unpredictable force. But what happens when challenges threaten to reduce it to ashes? As history has shown, LA retailers have a unique ability to rise stronger and more innovative than ever. Read more: https://lnkd.in/edf24dXd

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Lever Style announced our first half 2024 results last week, and I spoke about them on CNBC. Compared to the same period last year, our sales were down 5% to $95.3m while earnings dropped 26% to $4.3m. Our results were heavily affected by the chapter 11 bankruptcy of our key customer Bonobos’s parent company Express Inc. If not for the Express bankruptcy and the resulting held shipment and $2.4m of bad debt provision, we would have yet again hit record revenues and earnings for the 6-month period. This potential performance underscores the strength of our core business and the underlying growth momentum. Express’s bankruptcy is symptomatic of softening consumer demand, which can fall further if the US fails to achieve the coveted soft landing.  Many brands and retailers are feeling the pinch, and an increasing number of them are losing credit insurance coverage. Now is not the time for aggressive organic growth but rather for thoughtful consolidation and strategic alignment. https://lnkd.in/gDMTCqZh 

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Versace in Cap-estry: A Misfit in Accessible Luxury? The breaking news is that the merger between Capri Holdings Limited and Tapestry - let’s call it Cap-estry to have some fun- has hit a roadblock as the U.S. court, influenced by the FTC, has blocked the $8.5 billion acquisition. The court’s decision raises doubts about the future of Capri’s luxury brands, especially Versace, whose luxury heritage seems out of place in a portfolio built around accessible luxury names like Coach and Michael Kors. The fusion of these two giants signals a strategy focused on accessible luxury, with brands like Coach, Michael Kors, and Kate Spade dominating their portfolio. These brands have built their empires around leather goods aimed at a broader market. While Michael Kors attempts to straddle the line with its top-tier collections, these are rarely recognized by the wider audience as true luxury. Versace, however, stands apart. Founded on Mediterranean roots and the visionary genius of Gianni Versace, the brand’s bold baroque style and its celebrated heritage resonate with high-end luxury. It is, as some call it, an “undiscovered gem” with a turnover of around $1 billion—modest compared to its luxury peers but rich in untapped potential. Unfortunately, its alignment with a conglomerate more attuned to affordable luxury might hinder its growth in the luxury space. Adding fuel to the speculation, recent rumors suggest that Versace might be on the market once again. Many wonder if the brand will find new owners capable of leveraging its true luxury potential. Will it remain under the Cap-estry umbrella, or is it destined for a new chapter—perhaps even a return to Italian hands or integration into a French luxury giant? Cap-estry’s model emphasizes volume and accessibility rather than cultivating the exclusivity that defines luxury brands. With a crowded market and increased pressure on the mid-luxury segment, Versace’s future in this setup remains uncertain. As geopolitical and economic challenges shake the luxury industry, the question looms: will Versace thrive in this new structure or is a sale the inevitable next chapter? The brand’s DNA, deeply rooted in high fashion and glamour, might need a different home to unlock its full potential. And in this newly defined situation, is an exit strategy abruptly needed to save the opportunities for this amazing brand? Thoughts? #Versace #CapriHolding #Tapestry #Capestry #luxury #market #accessibleluxury #fashion

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It was such a privilege to share some of the work we are doing at Cascale, with Fibre2Fashion, especially to provide some updates on the new member engagement model we are implementing... While it is not an easy task, and we are still learning, it is essential that we strive to ensure balance and inclusivity, that enable voices to be equally heard in the work we do in global value chains...our new approach is designed to support this vision... #traceability #circularity #higgindex #sustainablesupplychains #collaboration

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Boy’s Club. Perhaps no market has been more underserved in jewelry than men. Much to the relief of many a stylish guy, that has been changing due to market demand. Frederick Goldman, Inc., also uses black and blue sapphires to “reflect modern masculinity and sophistication,” says Tom Schwartz, vice president. The brand is known for using all metal types, but its new Fusion collection fuses platinum and gold and allows customers to customize their own rings. Meanwhile, its Chroma collection of precious metal and colorful ceramic rings “pair perfectly with luxury watches,” notes Schwartz. Click Here To Read The Article: https://lnkd.in/e3FZp3ma #PlumbClub #PlumbClubMember #MensJewelry #JewelryForHim #LuxuryAccessories #ModernMasculinity #JewelryTrends #CustomRings #BoldJewelry #MenStyle #LuxuryForMen #JewelryInnovation #PlatinumJewelry #GoldJewelry #SapphireRings #LuxuryWatches #JewelryDesign #MensFashion #JewelryCraftsmanship #JewelryMarket

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Burberry has appointed retail veteran and former Topshop/Topman CEO Paul Price into an expanded role of chief product merchandising and planning officer. "Its rich history and unique cultural resonance set it apart and I am thrilled to be part of this next exciting chapter in Burberry’s evolution and growth." Read the full story below. #burberry #peoplemoves #fashion #retail #retailnews #fashionnews

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What does the Saks x Neiman Marcus acquisition mean for retail? Hudson's Bay Company (HBC), the parent company of Saks Fifth Avenue, confirmed its acquisition of Neiman Marcus Group, including #NeimanMarcus and Bergdorf Goodman, for $2.65 billion. Interestingly, Amazon will invest in the merged company, SAKS GLOBAL, aiming to innovate in the luxury fashion space by leveraging its technology and logistics capabilities. The deal reflects the evolving retail landscape, where technological advancements and strategic mergers aim to enhance customer experience and drive value for stakeholders. What does this mean for retail? 🛒 Technological Integration: The partnership with Amazon and Salesforce will introduce advanced technology, such as #AI, to enhance the customer experience and operational efficiency. Amazon has been making strides into luxury fashion, including past efforts with the Council of Fashion Designers of America (CFDA), British Fashion Council, and luxury e-commerce, despite some setbacks with physical stores. 🛒 Luxury Retail Landscape Changes: The luxury fashion market has seen significant shifts, with larger brands focusing on direct-to-consumer (#DTC) sales and smaller brands diversifying through drop-shipping and retail media networks. DTC will be a key focus in our upcoming track for Re:Tech Disrupt, and we will certainly discuss this further. 🛒 Concerns about Market Competition: The consolidation positions Saks to compete primarily with Macy's. and raises potential anti-competitive concerns, particularly with the Federal Trade Commission (FTC). The merger could reduce bargaining power for brands, potentially leading to less favorable terms for smaller brands, as the consolidated entity might hold more leverage. 🔗 Read more in Vogue Business, link in comments. 🔗 Sign up for our upcoming Marketing & DTC Track coming up on July 16, link in comments. #Marketing #SaksNeimanMarcus #Saks #Amazon #LuxuryMarketing #DirecttoConsumer #RetailNews

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