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Photo: Slaven Vlasic/Getty Images for Marc Jacobs
Here are the fashion-review/” title=”Don’t Miss Out: Lisa Dazzles on the Cover of Elle’s September Issue & Unveils the Fashion Triumphs and Fails of the 2024 Olympics!”>latest highlights in the fashion world this Monday.
Marc Jacobs Takes the Helm as Guest Editor of Vogue
Marc Jacobs has made history as American Vogue‘s inaugural guest editor, collaborating with Anna Wintour on the December 2024 edition. This special issue, featuring Kaia Gerber on its cover, is set to be available on newsstands starting November 26. Gerber graces one of two covers in a stunning Marc Jacobs dress captured by renowned photographer Steven Meisel, while another cover showcases her through the artistic lens of painter Anna Weyant. The designer expressed that this role was an “unforgettable opportunity.” {Vogue}
Photo: Steven Meisel/Vogue; Artwork: Anna Weyant/Vogue
A Surge in Holiday Spending Anticipated Among U.S. Consumers
Despite reports indicating revenue declines at major brands like Nike and Ferragamo, forecasts suggest that American shoppers will increase their holiday spending by 7%, according to Bank of America. For households earning six figures or more, Deloitte projects a remarkable year-on-year spending rise of up to 17%. {Vogue Business/paywalled}
The Latest Insights from the State of Fashion Report for 2025 Released Today!
The ninth annual State of Fashion Report , produced by McKinsey & Company and Business of Fashion , has been unveiled today. It forecasts a challenging year ahead for the fashion industry with anticipated slow growth rates remaining in single digits overall; however, experts believe there may be slight advantages due to reduced inflation and expanding markets across Asia. The report emphasizes that brands prioritizing discovery, enhancing their physical shopping experiences, and catering to consumers over age fifty are likely to thrive in 2025. {Business of Fashion }
Tackling Online Return Challenges: Startups Step Up!
The issue surrounding online returns continues to escalate within fashion retailing. According to Loop Returns’ findings, return rates have surged by 9% since last year—now reaching an alarming rate of 26%. Retailers are actively seeking solutions; some have turned towards third-party resellers as a means to recoup losses from returned items while preventing wastefulness in landfills. Innovative startups like Revive and Bazar are emerging within this growing sector: Revive specializes in restoring products so they can be resold as new; meanwhile, Bazar focuses specifically on selling returned items directly to consumers without alterations. {Business of Fashion /paywalled}
Aaron Levine Unveils New Menswear Line!
Aaron Levine,
Abercrombie & Fitch,
Club Monaco,
Madewell
and others is launching his own menswear label.
As reported by Jacob Gallagher from The New York Times,
Levine’s collection will blend elements found between
J.Crew
andLoewe,
drawing inspiration from his signature rugged yet polished aesthetic.
(The New York Times).{(The New York Times)}
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