Fashion That Tells Your Story
Pandabuy has won the latest round of a lawsuit accusing it of “assist[ing] consumers across the globe in purchasing counterfeit” goods – including those of SP5DER, Off-White, Denim Tears, Palace Skateboards, Loewe, and Rhude – from third party e-commerce websites in China. In an opinion and order on January 14, the U.S. District Court for the Southern…
In 2024, a number of developments in existing fashion, retail, and tech lawsuits stood out in the crowded landscape of litigation because they indicate larger trends within these spaces and highlight issues worth keeping an eye on in 2025. Among these are competition-centric cases, ones that stem from the secondary market, and litigation that targets…
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A new little logo appears on various e-commerce retailers’ websites – from Sephora and Ulta to Bloomingdale’s and Macy’s. In recent months, this black-and-white badge has popped up alongside the aforementioned retailers’ fragrance and cosmetics offerings, declaring that they are authorized retailers of Chanel products. The circular branding, which is emblazoned with the words “CHANEL Authorized Retailer,”…
LVMH says that it achieved a “solid performance” in 2024 “despite an unfavorable global economic environment.” The luxury goods group reported revenues of €84.7 billion for the year – up 1 percent year-over-year on an organic basis – and a profit from recurring operations of €19.6 billion (equating to an operating margin of 23.1 percent), a drop…
In 1984, Bernard Arnault learned that Christian Dior was for sale. Its parent company Boussac had filed for bankruptcy and the French government was looking for a buyer for the ailing textile empire that owned a number of companies, including Paris-based fashion house Dior. As the story goes, the then-35-year old Arnault – who had…
Is renting clothes instead of buying them truly better for the planet? As the fashion industry faces growing scrutiny for its environmental impact, a growing crop of clothing rental companies promises consumers the opportunity to refresh their wardrobes frequently while lowering their carbon footprint. But is this solution as eco-friendly as it appears? This is…
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France is globally recognized as a fashion industry pioneer, being the birthplace of numerous fashion houses with strong international reputations in the luxury goods market. While those houses typically specialize in haute couture and seasonal ready-to-wear collections, complete with pricey apparel and accessories, luxury fashion is beyond the financial reach of most. This has led to…
Capri Holdings and Tapestry Inc. are facing a securities class action lawsuit following the implosion of their proposed $8.5 billion merger. In a complaint lodged with the U.S. District Court for the District of Delaware in December, Capri shareholder David Hurwitz alleges that the companies and some of their top executives – namely, Capri chairman…
