The former electrical engineer turned into a fashionista during the pandemic, posting over-the-top outfits and earning the rep as the best-dressed man on TikTok. Repped by modeling powerhouse IMG, Kaye’s brand partnerships range from Prada to Google.https://t.co/QdpaO5Foso https://t.co/F9xq6l1PXc ...

Funny is fashionable for the former Miss Minnesota and Sports Illustrated Swimsuit model. Haley Kalil creates self-deprecating skits spoofing the fashion and creator cultures.Read more: https://t.co/QdpaO5Foso https://t.co/nG1TIgFsMj ...

Counterfeit Industry Overview - Super fakes, highly convincing counterfeit products, are emerging, posing a significant challenge to luxury brands [1][3] - The RealReal, a luxury reseller, removed 7,000 counterfeit handbags from the market last year [3] - Over half of consumers worldwide have intentionally purchased counterfeit goods [8] Authentication and Detection - Authentication is increasingly important as counterfeits become more difficult to detect [4] - The RealReal utilizes state-of-the-art X-ray machines and microscopic cameras to identify anomalies in products [5][6] - Experts look for subtle differences in feeling, stitching, metals, and even smell to identify fakes [5][7][8] Factors Contributing to Super Fakes - Industry secrets leaked from factories and advancements in technology, such as 3D printing, have contributed to the rise of super fakes [11] - Counterfeiters are recreating receipts and certificates to enhance the appearance of authenticity [12] - Social media and encrypted messaging services facilitate the ordering and distribution of counterfeit goods [12] Economic and Ethical Considerations - The attitude around super fakes has shifted due to the uncertain economy and high prices of luxury goods [9] - Experts caution that super fakes do not offer the same quality as authentic items and may be fueling unethical labor practices [9][10][11] - It is illegal to sell counterfeit goods, but not illegal to buy them [9]

Financial Data and Key Metrics Changes - For H1 2025, group revenues reached €928 million, down 3% year-on-year and 2% in organic terms, with a solid performance in the DTC channel showing 6% organic growth [19][21][32] - Q2 2025 revenues were €469 million, down 3% organically, with positive performance in the Zegna and Tom Ford segments, while Thom Browne experienced negative performance [21][32] Business Line Data and Key Metrics Changes - Zegna brand showed solid performance in Q2 with 2% organic growth, driven by the DTC channel, particularly in the Americas and EMEA [21][26] - Thom Browne reported a 24% decline in organic growth in Q2, reflecting a strategic decision to streamline the wholesale channel [22][32] - Tom Ford Fashion achieved 4% organic growth in Q2, driven by the DTC channel [22][32] Market Data and Key Metrics Changes - The Americas region showed a strong 10% organic growth in Q2, driven by the DTC channel, particularly at the Zegna brand [23][32] - Greater China reported a 17% decline in Q2, primarily due to the wholesale channel's performance, while DTC trends remained stable [24][32] - EMEA recorded a 2% organic decline, reflecting negative trends in the wholesale channel, although DTC performance was positive [23][32] Company Strategy and Development Direction - The company aims to enhance its DTC channel, focusing on a client-first culture and evolving store concepts to prioritize customer experience [8][9] - A partnership with Temasek is expected to support the development of the brand portfolio in an organic and sustainable manner [5][6] - The company is committed to innovation, quality, and a timeless proposition while maintaining a vigilant approach to costs and inventory [18][32] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging environment in Greater China but expressed confidence in long-term strategies to adapt to the new normal [40][42] - The U.S. market remains resilient, with strong customer loyalty and conversion rates, despite concerns over tariffs [56][62] - The company anticipates continued growth in the Americas and EMEA, while Asia remains volatile [86][90] Other Important Information - The company has opened new retail spaces, including exclusive lounges, to enhance personalized shopping experiences [12][13] - The introduction of new management at Thom Browne is expected to drive brand awareness and customer engagement [15][44] Q&A Session Summary Question: Insights on Greater China revenue decline and traffic - Management noted that Greater China remains challenging, with traffic not meeting expectations, and emphasized the need for a new approach to store operations [38][40] Question: Comments on U.S. consumer environment and traffic - Management described the U.S. market as resilient, with strong traffic and customer loyalty, and noted successful store openings [56][62] Question: Wholesale trends for the second half - Management expects mid-teens negative performance for Zegna wholesale and low double-digit negative for Tom Ford wholesale for the full year [70][72] Question: Acceleration in Tom Ford's performance - The acceleration in Tom Ford's performance was attributed to new store openings and space expansion [73][75] Question: Comments on margins and liquidity - Management indicated that the wholesale business is profitable, but the current streamlining may impact margins in the short term [78][81] - There are no immediate plans for dual listing, and liquidity concerns are not seen as a major issue [90][92]

Investment & Stake - Temasek is building a 10% stake in Italian fashion house Zegna [1] Financial Details - The stake is worth approximately $220 million [1]

>> Late last year, the Biden administration's Federal Trade Commission blocked yet another merger. Tapestry's $8.5% billion acquisition of Capri Holdings. The deal would have United six fashion accessory brands varying sizes under one roof Tapestry's coach Kate Spade, Stuart Weitzman and Capri's.Michael Kors, Versace and Jimmy Choo. The FTC argued that this would create an excessively concentrated player in the, quote unquote, accessible luxury handbags market, and the judge agreed. But a funny thing has ha ...

LVMH’s market value has fallen by more than a quarter over the past year. By contrast, Hermès, which has remained focused on selling fashion to the exceedingly wealthy, has continued growing handsomely https://t.co/uHhP8R1kHL ...

As one of the first-generation international supermodels, LV Yan’s experiences are often talked about with great interest. In the eyes of her friends, she is a very powerful person. During the COVID-19 pandemic, she provided a lot of help to her neighbors, and became a core of the community. As the manager of COMME MOI, she has spared no effort to create unforgettable fashion shows combined with art and music. LV Yan started her modeling career in 1999, and soon rose to prominence on the international stage ...

The former electrical engineer turned into a fashionista during the pandemic, posting over-the-top outfits and earning the rep as the best-dressed man on TikTok. Repped by modeling powerhouse IMG, Kaye’s brand partnerships range from Prada to Google.https://t.co/QdpaO5Foso https://t.co/35FAfDRkiE ...

Funny is fashionable for the former Miss Minnesota and Sports Illustrated Swimsuit model. Haley Kalil creates self-deprecating skits spoofing the fashion and creator cultures.Read more: https://t.co/QdpaO5Foso https://t.co/Aq1FFmi0Rq ...