1. Burberry Braces for a Reset: Less Edgy, Lower Prices. Burberry’s new CEO Joshua Schulman is steering the brand towards a more conservative image with lower prices to attract a broader audience. – Read More on The Times
2. Luxury Brands Need to Win Back Middle-Class Shoppers. As luxury brands face declining sales, they are focusing on making their products more accessible to middle-class consumers. – Read More on WSJ
3. Greenwashing is Out of Fashion — It’s Time to Remove It from the Clothing Industry. The fashion industry is being urged to eliminate greenwashing practices and embrace genuine sustainability efforts. – Read More on The Hill
4. For Fashion, Sports Stars Are the New Superstars. Sports stars are increasingly becoming fashion icons and brand ambassadors, overshadowing traditional fashion models. – Read More on NYT
5. Gucci’s Owner Lost His Patience. What Came Next Was a Grand Reinvention. Following impatience from François-Henri Pinault, Gucci underwent a significant transformation to revitalize the brand. – Read More on WSJ