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Here are the latest updates making waves in the fashion industry this Tuesday.
LVMH Transfers Ownership of Off-White
LVMH has officially transferred ownership of the brand Off-White, which was established in 2012 by the late designer Virgil Abloh, to a new entity, Bluestar Alliance. The financial details surrounding this deal remain undisclosed. Bluestar Alliance’s CEO, Joey Gabbay, expressed that this acquisition is an opportunity to “honor and expand upon Virgil Abloh’s lasting legacy.” He further stated, ”Abloh’s unique blend of street culture with high fashion has created a robust foundation that resonates with our mission to promote innovation while celebrating diversity. This acquisition will enable us to leverage our global resources and continue the cultural and creative momentum initiated by Virgil.” {PR Newswire}
Alfred Chang Appointed as CEO of Everlane
Everlane has announced Alfred Chang as its new CEO, taking over from Andrea O’Donnell. Starting Monday, Chang will collaborate with current executive chairman and climate lead Michael Preysman. Previously, Chang served as CEO at Fear of God and spent 17 years at PacSun where he rose to co-CEO. {WWD/paywalled}
Salomon Launches First Pop-Up Store in New York City’s SoHo District
The outdoor brand Salomon is set to unveil its inaugural U.S. retail location in SoHo from October 2 until January 2025. This pop-up focuses on Salomon’s Sportstyle footwear line and serves as a pilot for future expansion plans that include five permanent stores across the U.S., one being located in New York City itself by 2025. On opening day, visitors can participate in an hourly raffle for a chance to win a pair of Salomon XT-6 shoes between 11 AM and 7 PM.
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Lupita Nyong’o Becomes Chanel’s Latest Brand Ambassador <
The luxury houseChanelhas appointedLupita Nyong’oas their newest ambassador following her appearance at Chanel’s Spring 2025 runway show duringParis Fashion Week.
{ WWD< / link >/paywalled}
<< h3 >Protests Among Garment Workers Result In Fatalities In Bangladesh
<< P>A recent protest among garment workers demanding better wages turned deadly when clashes erupted between police forces and demonstrators resulting in one fatality along with injuries sustained by more than twenty others.The protests have led several factories across Bangladesh into temporary closures amid ongoing unrest. {
<< h3 >California Governor Enacts Textile Recycling Legislation
<< h3 >Victoria’s Secret Revamps Marketing Strategy Post Push-Up Bra Wars
“Selling Sexy: Victoria’s Secret And The Unraveling Of An American Icon,” authored by Lauren Sherman & Chantal Fernandez delves into how Victoria’s Secret navigated through challenges including their marketing overhaul after losing ground during what became known as “the push-up bra wars.” While push-up bras gained traction throughout mid-nineties; Victoria’s Secret struggled initially due lackluster strategies compared competitors like Wonderbra.Eventually they revamped approach featuring supermodels such Claudia Schiffer showcasing their iconic $1 million bra on covers back then.<{Business Of Fashion/a>}
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You can view more details about these stories through(the original article here.)
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