Fisayo Longe’s Kai Collective Surpasses £2M Annual Revenue Milestone, Redefining Modern Fashion
Kai Collective, the London-based contemporary brand owned by entrepreneur, Fisayo Longe, has hit a new milestone, with the brand now generating over £2 million in annual revenue. This extraordinary accomplishment places Kai Collective among the rare 4% of startups globally that exceed $1 million in yearly revenue. Since its launch in 2016, the brand has […]
The Business of Fashion: How Lagos Fashion Week is Impacting the Local and Global Fashion Industry
Lagos Fashion Week (LFW) has grown into a significant platform for showcasing African fashion, driving innovation, and positioning Lagos as a fashion capital with global influence. Since its inception, LFW has spotlighted talented designers from across the continent, championed sustainable practices and expanded the reach of African fashion globally. The event serves as a vital […]
The Business of Fashion: How Emerging Nigerian Designers Are Making Their Mark
In recent years, the global fashion landscape has witnessed a significant shift, with emerging markets like Nigeria gaining recognition for their vibrant and innovative designers. These creatives are pushing boundaries, showcasing a unique blend of tradition and modernity that resonates both locally and internationally. The Nigerian fashion industry, once overshadowed by Western fashion capitals, is […]
The Impact of Technology on Fashion: Wearables and Smart Fabrics
The fashion industry is experiencing a remarkable transformation driven by advancements in technology, particularly through the integration of wearables and smart fabrics, a situation predicted 9 years ago by Business of Fashion. This convergence of fashion and technology is revolutionising the way we interact with our clothing, offering new levels of functionality, convenience, and innovation. […]
The Folklore – New Funding: What it Means for the New Crop of African Fashion Creatives
Amina Rasool founded The Folklore in 2018 with a single mission to help fashion brands from emerging markets like Africa, Asia, and The Caribbean tap into the international market. In 2022, the startup took this drive a notch higher and introduced The Folklore Connect, a B2B marketplace, and wholesale management software for brands to sell […]
4 Ways to Turn Data into Meaningful Customer Connections
Understanding Customer Connections – Recently, Meta released its AI – Meta AI, a decision that has generated quite the buzz from its widespread audience, which further drives the conversation around the impact of artificial intelligence. Quoting the words of Marc Bain, Artificial Intelligence could be the most powerful business tool in decades, but without the […]
GUCCI Struggles Amidst China Slowdown and Leadership Overhaul.
French luxury conglomerate Kering, home to iconic brands like Gucci, Yves Saint Laurent, and Bottega Veneta, faced a challenging first quarter, marked by a 10% drop in sales. This decline, amounting to $4.8 billion (€4.5 billion), was attributed primarily to the struggles of its flagship brand, Gucci. With Gucci contributing significantly to Kering’s sales and […]
5 Things Today’s Fashion Marketing Professionals Need to Know.
In today’s dynamic world of fashion, marketing professionals play a pivotal role in shaping brand identities, engaging audiences, and driving sales. With the industry undergoing rapid transformation driven by technological advancements, shifting consumer behaviours, and changing market dynamics, fashion marketers need to stay ahead of the curve. Here’s a comprehensive guide on what today’s fashion […]
Alessandro Michele Succeeds Pierpaolo Piccioli as Valentino Creative Director!
Alessandro Michele by Fabio Lovino Valentino has officially announced the appointment of Alessandro Michele as the new creative director of the esteemed couture house in Rome. Michele takes the reins from Pierpaolo Piccioli, who bid farewell to the brand after an illustrious 25-year tenure. Having departed from his previous role as creative director of Gucci […]
Glazia Women’s History Month Spotlight; Style Coach, Olere Odiodio
And just like that, we’re on the last lap of our annual Glazia Women’s History Month Spotlight Campaign. Where did all the time go? With only a few days left for us, we’re spotlighting our next superstar, Olere Odiodio. Olere Odiodio holds certification as a style coach and ranks within the top 5 style coaches […]