Penske Media will close a deal in September to purchase Fairchild Fashion Media, the media powerhouse behind its flagship journal, WWD, from Condé Nast. The sale price was about $100 million, … 178 more words
Tags » Business Of Fashion
Do you really care if fashion comes out of Kenya if it’s quality and the products are beautiful?
The streets of Nairobi’s Korogocho are not lined with rows of luxury fashion boutiques, but they are lined with African artisans who hale from the slums and disadvantaged rural areas to work with the world’s most renowned luxury brands to create luxury goods. 336 more words
Apparently, Denim sales across the world have dropped causing some major losses for big names like Levi’s and Lee!
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Even Levi Strauss & Co, a name synonymous with jeans, is struggling, with second-quarter revenue dropping 2 percent from last year and net profit falling a whopping 76 percent because of falling sales in the U.S.
Diane von Furstenberg (“DVF”) released an iconic wrap dress in 1974 that became a social phenomenon and garnered $150M in annual sales by 1979. Subsequently, bad business decisions forced her to close down shop and abandoned New York for Paris. 357 more words