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Here are the latest highlights in the fashion world this Friday.
Charli XCX Becomes Valentino Beauty Ambassador
Charli XCX has officially joined forces with Valentino Beauty, taking on the role of brand ambassador in the United States. This collaboration kicks off with the introduction of the Spike Valentino Buttery Matte Lip Color, which Charli is showcasing during her current Sweat tour. {Fashionista inbox}
The Estée Lauder Catalysts Grant Winners Announced
The inaugural recipients of The Catalysts grant program, initiated by The Estée Lauder Companies’ New Incubation Ventures in collaboration with TikTok, have been revealed. Etia London, Loverboy Beauty, and Ruka will each receive up to $250,000 in funding along with mentorship and project support. {Fashionista inbox}
LVMH’s Strategic Move: Selling Off-White to Bluestar Alliance
The recent sale ofOff-White toBluestar Alliance, as reported by Puck’s Lauren Sherman, signifies a pivotal shift atLVMH. An anonymous executive suggested that this decision could signal a decline for Off-White following Virgil Abloh’s passing. Bluestar has been labeled a “bottom fisher,” raising concerns that it may lead Off-White into mass-market obscurity. {Puck/paywalled}
Gab Waller Introduces AI Technology for Fashion Sourcing Needs
A renowned figure in fashion sourcing,Gab Waller, is revolutionizing access to exclusive items through an innovative AI platform called Sourced By. Following an impressive 152% growth last year, Waller aims to enhance her services by developing this platform that streamlines product requests and inventory management while facilitating payments. She plans to initiate her first capital raise this month targeting $1 million to expand capabilities further once secured. {Vogue Business /paywalled}
Anita Dongre Designs Special Diwali Barbie Doll
Anita Dongre has made history as she designs a Diwali-themed doll for“Barbie”. This unique creation features a contemporary take on traditional lehenga attire embellished with dahlias, jasmine flowers and lotus motifs alongside a Rajasthani koti jacket complemented by classic Indian accessories. Priced at $40, consumers can find it available through Target, Amazon and Walmart retail channels. {
Navigating Employee Relocation Post-Pandemic: A Fashion Industry Perspective
The debate surrounding employee relocation continues post-pandemic as companies reassess their policies regarding remote work versus physical presence at offices.
For instance,Foot Locker recently transitioned its headquarters from New York City down south but does not mandate staff relocations. Meanwhile,The North Face seeks creative talent based out of Denver. While face-to-face interactions can enhance creativity within teams; asking employees uproot their lives remains contentious according Sheena Butler Young’s exploration featured in Business Of Fashion.
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