Levi’s has opened a new store in Stuttgart at Königstrasse 29 on November 5, 2020. The highlight of the store, which is designed in the Levi’s Indigo style, is the Levi’s Tailor Shop, where customers can expertly personalize their Levi’s looks and upgrade old favourite denim pieces using a special upcycling method.
The Indigo elements are reflected throughout the entire store – from the translucent exterior façade to the 215.7 square meter sales area. The indigo design gives the Levi’s store a modern look. Personalization options in the Tailor Shop include embroidery, pins, self-selected color gradients, graphics, text and position, and various hems. With the upcycling method, our Levi’s Tailor helps to turn old denim pieces into something completely new and recycle them only when they are no longer needed. This extends the life of the styles and minimises the impact on the environment.
The current Levi’s collection is inspired by California’s lifestyle and covers a broad spectrum of the latest fashion trends. In addition to the timeless Levi’s icons – the 501 Original Jeans, Western Shirts and Trucker Jackets – you will find trend pieces, Levi’s Loose Fits, sustainable and innovative materials, logo shirts and seasonal looks.
VF Corp. is adding skateboard and streetwear brand Supreme to its line of recreational apparel brands. The parent company of Vans, Dickies, Timberland and The North Face has announced plans to purchase Supreme in a $2.1 billion acquisition deal set to be completed before the end of the year.
Founded in a New York skateboard shop in 1994, Supreme apparel has become popular with skateboarders, hip-hop fans and other Millennial and Gen Z youth cultures. In 2007, the Carlyle Group acquired half the company for $500 million.
“We are thrilled to welcome Supreme to the VF family and to build on our decades-long relationship as we create value for all of our stakeholders. VF is the ideal steward to honor the authentic heritage of this cultural lifestyle brand while providing the opportunity to leverage our scale and expertise to enable sustainable long-term growth,” said Steve Rendle, VF’s Chairman, President, and Chief Executive Officer. “The acquisition of the Supreme brand is further validation of our vision and strategy to further evolve our portfolio of brands to align with the total addressable market opportunities we see driving the apparel and footwear sector. The Supreme brand will further accelerate VF’s hyper-digital business model transformation and will be a meaningful driver of VF’s commitment to top quartile total shareholder return and long-term value creation.”
The ongoing situation surrounding COVID-19 and the latest decisions made by the German government have brought NEONYT to come to the decision to cancel its physical event taking place from 19-21 January 2021. Instead the digital community format “Neonyt On Air” will be entering into its second round.
“After the COVID-19 situation eased in many places towards the end of summer and contact rules and travel restrictions were eased or lifted completely, the entire sector, and therefore also the trade fair and event industry, were looking ahead to a new start: “It wasn’t exactly “business as usual”, but we were hoping that there wouldn’t be a second lockdown,” says Olaf Schmidt, Vice President of Textiles & Textile Technologies at Messe Frankfurt. “But this is precisely the scenario we are faced with now and of course had to make a decision to protect the health and safety our exhibitors, visitors and also our employees.” Due to rapidly increasing infection rates and the latest decisions made by the German government, the organisers have been left with no choice but to cancel the winter edition of Neonyt.”
“But the sustainability community doesn’t have to forgo Neonyt completely. “The need of our exhibitors and visitors to interact and cooperate in person has only increased during the past few months,” says Thimo Schwenzfeier, Show Director of Neonyt. “A need that, after a forced one-year break, we would have loved to fulfil with a face-to-face event, but now we are having to do that virtually and in a reduced form.” Like last summer, January will see the return of the digital “Neonyt on Air” format – in numerous talks, panel discussions and masterclasses the community will be discussing the latest developments and innovations from the sustainable fashion and textile industry in the week from 18-22 January 2021. Further information about the line-up will follow on the Neonyt website and in the newsletter in the coming weeks.”
LVMH and Tiffany & Co announced that they have concluded an agreement modifying certain terms of their initial agreement to reflect a purchase price of $131.50 in cash and to reduce closing conditionality. Other key terms of the Merger Agreement remain unchanged. Tiffany and LVMH have also agreed to settle their pending litigation in the Delaware Chancery Court.
Roger N. Farah, Chairman of the Board of Directors of Tiffany, commented. “We are very pleased to have reached an agreement with LVMH at an attractive price and to now be able to proceed with the merger. The Board concluded it was in the best interests of all of our stakeholders to achieve certainty of closing.”
Bernard Arnault, President and CEO of LVMH, commented: “This balanced agreement with Tiffany’s Board allows LVMH to work on the Tiffany acquisition with confidence and resume discussions with Tiffany’s management on the integration details. We are as convinced as ever of the formidable potential of the Tiffany brand and believe that LVMH is the right home for Tiffany and its employees during this exciting next chapter.”
Alessandro Bogliolo, Tiffany CEO, said, “We continue to believe in the power and value of the Tiffany brand and the compelling long-term strategic and financial benefits of this combination.”
The first luxury watch brand to invest in football by partnering with the Swiss National Team in 2006, Hublot will become Official Timekeeper of the Premier League, the world’s most-watched football league, beginning this season. England’s Premier League matches are shown in 188 countries, reaching a cumulative global audience of 3.2 billion, bringing the Swiss luxury watchmaker high exposure.
This is a new historic milestone for Hublot, which already enjoys a ubiquitous presence in the sport through partnerships with the most iconic competitions (including the World Cup, the Euro and the Champion’s League), as well as some of the greatest European football clubs (Juventus Turin, Chelsea, Ajax Amsterdam, Benfica Lisbon), legendary players (Pelé, Maradona), world-class stars (Kylian Mbappé) and decorated managers (Didier Deschamps, José Mourinho).
Kering held an exclusive Women In Motion Talk with movie director Naomi Kawase, leading casts Hiromi Nagasaku and Arata Iura at the Kering’s new headquarters in Japan. Streamed on the Group’s official website and YouTube channel from Oct 20th, the Talk coincided with the official opening of the Kering Building in Tokyo and the release in Japan of Naomi Kawase’s new film, True Mothers, on October 23rd.
Kering has been a partner of the Festival de Cannes since 2015, and Women In Motion is an integral part of the Festival’s official program. Its Talks are an opportunity for female and male guests to highlight women’s contribution to the cinema industry and the arts in general. In Japan, a Women In MotionTalk was part of the official program of the 32nd Tokyo International Film Festival in 2018, featuring 3 talented women: actress Shinobu Terajima, movie director Mika Ninagawa and artist Sputniko.
K11 Musea, the cultural-retail concept founded by Adrian Cheng, has teamed up with designer Phillip Lim on a limited-edition antiviral duffle bag.
The partnership marks the latest launch for Cheng’s #LoveWithoutBorders Covid-19 charitable campaign and has brought together the 2 to create an accessory that utilises a sustainably produced, textile-enhancing technology that eliminates bacteria and accelerates cooling and drying.
Read Anita Tillman’s (Managing Partner, Premium Group) below…
“We have carried out market research and surveyed exhibitors, partners and buyers on the current circumstances. The objective was to obtain a data-based assessment of the current economic situation, a summary of the success of the exclusively digital events, and insights into the requirements of our network with regard to the physical trade shows. Following analysis of the data gathered we have established that there is a personal wish for an event to happen inclusive of the appropriate hygiene measures however, this is unfortunately not currently possible from a professional perspective. As long as there are delays to production and constantly changing travel and contact restrictions in place, we cannot put on any trade shows, conferences or events that would meet our demands or the demands of our exhibitors.
We have therefore decided not to hold PREMIUM, SEEK, FASHIONTECH next January. This was an incredibly difficult decision to make. Especially because we didn’t want to say goodbye to Berlin without a fitting farewell.
Now, though, it’s about looking forward and concentrating on what is certain: Frankfurt Fashion Week, which we will be staging in July 2021 together with Messe Frankfurt, the City of Frankfurt and the region of Hessen. We have big plans and are working on a new, fresh start not only for us, but also for all stakeholders in the fashion industry, nationally and internationally.
Another press conference is planned for the end of November, when we shall be introducing new concepts, partners and event formats. Preparations are already in full swing: we are having numerous discussions, sitting in workshops, activating partners, designers, publishers, politics and society so as to get a unique, fully formed event successfully up and running. Expectations are huge and we intend to satisfy them. We are putting all our energy into this future-focussed project.”
In the coming year, ISPO Munich will take place February 1-5, completely online. In close cooperation with the branch and with consideration for the current development of the coronavirus, Messe München has decided to conduct the event completely digitally. By doing so, the world’s leading sports business platform will be beneficial for all participants, regardless of international travel restrictions. The event format will build upon the positive results of the virtual ISPO Re.Start Days in June 2020. It will offer opportunities for brand and product presentation, for discussion and networking as well as maintenance of international business relationships.
At the center of the five-day digital event stands the key topics of creativity and digitization, health and sustainability. The ISPO Munich Online conference program will offer numerous opportunities for discussion and interaction. In particular, the importance of sports and outdoor activities, and their connection to health, has been on the rise since the beginning of the coronavirus pandemic. In turn, this has increased the need for a platform where the core brands, key players and top athletes can connect and garner inspiration.
The Hotel Splendid Royal in Lugano hosted, on October 20, the second edition of the Excellence Green Night, an event organized by the Swiss magazine Excellence and dedicated to the organizations that, in various sectors, have distinguished themselves for their commitment to social
responsibility and environmental protection.
Eileen Akbaraly, entrepreneur and CEO of the Made For A Woman brand, received the Green Award for sustainable fashion for her slow luxury fashion project, a social enterprise whose aim is to improve the lives of the most vulnerable women by giving them a voice through the traditional art of weaving.
“Made For A Woman is a luxury accessories brand founded in 2019 among the bright colors of Madagascar, my native country, a splendid garden of Eden whose population often lives in misery. I am convinced that women are the pillars of society and our mission is their empowerment. We want to give them a better future and help them achieve their goals through the creation of precious accessories in raphia”, comments Eileen Akbaraly, designer and founder of the project