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X @Forbes
Forbes· 2025-12-12 15:22
Fashion influencer Chiara Ferragni frames a glamorous image online to her 28 million Instagram followers. This fall, a criminal trial unveiled a less polished look of the Italian creator. She was accused of allegedly defrauding consumers in 2022 over a charitable collaboration to sell branded pandoro Christmas cakes with confectionary company Balocco.Read more: https://t.co/BOi66sBIRc ...
X @BBC News (World)
BBC News (World)· 2025-12-12 10:33
Prada to launch $930 'Made in India' Kolhapuri sandals after backlash https://t.co/w4L5tInQQj ...
5171亿!广州摘下“直播电商第一城”
Nan Fang Du Shi Bao· 2025-12-12 08:11
Core Insights - Guangzhou has emerged as the leading city in live e-commerce in China, with a retail sales figure of 517.1 billion yuan in 2024, accounting for over 8% of total orders on Douyin, reflecting a growth of over 37% from the previous year [1][2] - The city's robust supply chain, consisting of over 600 specialized markets and 110,000 small and medium-sized enterprises, has redefined the industry landscape [1][2] Supply Chain Foundation - Guangzhou's strong supply chain is pivotal to its success in live e-commerce, enabling a "48-hour rapid response" mechanism that enhances competitiveness [2][3] - The textile market in Guangzhou, particularly in the Haizhu District, features 61 wholesale markets with approximately 16,000 businesses, generating an annual transaction volume of around 200 billion yuan [2] Flexible Supply Chain Model - The "sales-driven production" model reduces inventory risks and enhances repurchase rates by allowing quick adjustments based on live order feedback [3] - The beauty industry in Guangdong accounts for over 50% of the national market, with Guangzhou contributing over 100 billion yuan in annual output [3] Innovative Store-Broadcasting Model - The "store-broadcasting" model, where small business owners act as hosts, constitutes 70% of live e-commerce participants in Guangzhou, significantly shortening decision-making timelines [4][5] - This decentralized approach allows for lower costs and higher profit margins compared to traditional models reliant on top influencers [5] Ecosystem Development - Guangzhou is building a comprehensive live e-commerce ecosystem, supported by government policies aimed at digital transformation and industry standards [6][7] - The city aims to facilitate the digital transformation of 100 traditional markets by 2027, with online retail sales projected to exceed 310 billion yuan [6] Platform and Resource Aggregation - Major e-commerce platforms are increasingly focusing on Guangzhou, with companies like ByteDance and Xiaohongshu establishing significant operations in the city [7] - The collaborative ecosystem formed by government initiatives, platforms, and industries is accelerating the upgrade of the live e-commerce sector [7]
SMX Just Gave Cotton its First Circularity Engine, and the Fashion Industry Will Wear it Well
Accessnewswire· 2025-12-11 19:30
Core Insights - The fashion industry has been promoting circularity for years, with initiatives such as recycling programs and ESG roadmaps, but these efforts have not scaled effectively due to reliance on a fragile assumption [1] Industry Summary - The fashion industry has introduced various recycling initiatives and take-back bins to enhance sustainability [1] - Annual reports have been filled with optimistic projections regarding circularity, yet actual implementation has faced significant challenges [1] - The industry's commitment to circularity is undermined by a single, fragile assumption that has not proven robust enough to support large-scale efforts [1]
Italy Luxury Association Altagamma Nets President From Buoyant Nautical Sector
Yahoo Finance· 2025-12-11 15:51
Core Insights - The Italian luxury market is significantly influenced by the wine and nautical sectors, with the yacht industry currently leading the way [1] Company Insights - Giovanna Vitelli has been appointed as the new president of Altagamma, effective June 1 until 2028, marking the first female leadership in 25 years [2] - Azimut|Benetti Group, under Vitelli's leadership, is the world's leading builder of mega yachts, achieving sales of 1.5 billion euros for the fiscal year ending August 31, 2025, a 15 percent increase [3] - The company holds a 23 percent share of the global mega yacht market by meters built, with significant growth driven by orders from the Middle East [3] Industry Insights - The Italian nautical sector is projected to grow by 3.2 percent in 2024, reaching 8.6 billion euros, solidifying Italy's position as the top exporter in the shipbuilding industry [4] - In contrast, the fashion and connected industries in Italy are expected to see a decline of 3.6 percent in 2024, with sales projected at 92.4 billion euros [4] - Italian Prime Minister Giorgia Meloni has emphasized the importance of shipbuilders as a key economic driver, highlighting their role in job creation and showcasing Italian excellence [5]
X @The Economist
The Economist· 2025-12-11 12:30
Nicolas Puech had a 6% stake in the French fashion house. Then his stock went missing https://t.co/cxzyu4kLoq ...
Material Authenticity Rebuilt: How CETI and CARTIF Are Driving the Global Identity Layer
Accessnewswire· 2025-12-08 16:00
NEW YORK, NY / ACCESS Newswire / December 8, 2025 / Fashion is one of the most complex supply chains in the world. It moves across continents, blends dozens of fiber chemistries, and generates more than one hundred million tons of waste every year. ...
Smart Not Fast Fashion | Mariana Duarte Rangel | TEDxColegio Americano Xalapa
TEDx Talks· 2025-12-05 17:32
[music] [music] My name is Mariana Aranel and I'm going to tell you something else. I love fashion and something else. I also love to live in a healthy world.So here's the issue. I don't want fashion to kill our planet. Maybe you're wondering what this does fashion has to do with global warming, pollution, and all that stuff.So I'll explain you. Bu clothes is something completely normal. It is a need for us.But lately, buy bank clothes has changed and became a problem not just for the environment also for o ...
Prada buys fashion rival Versace
NBC News· 2025-12-02 16:09
Prada has officially taken over its longtime rival Versace in a $ one and a half billion dollar deal. The move Prada has pursued for years. Versace needs a revival after weaker post-pandemic performance under Capri Holdings.Now it joins Prada and Miumu under one luxury group. The son of Prada's owners, Lorenzo Bertelli, will lead Versace's next phase as executive chairman. ...
Prada reshapes high fashion landscape with Versace acquisition
Invezz· 2025-12-02 12:10
Core Insights - Prada has successfully completed its acquisition of Versace, a deal that has been in progress for several years, indicating a significant transformation in Italy's luxury sector [1] Company Summary - The acquisition of Versace by Prada represents one of the most notable changes in the luxury market in Italy recently, highlighting the ongoing consolidation trend within the industry [1]