1. Millennial consumers rule the luxury market – how are brands coping? Heir of LVMH Alexandre Arnault, just 26 years old this year, is the youngest CEO in luxury fashion. His most successful move so far was probably putting into place the cool collaborations he has relaunched with Fendi, M/M and cult streetwear brands Supreme and Off-White. A millennial himself, the young Arnault is making the century-old suitcase brand one of the most sought-after names among his peers. – Read More on SCMP
2. Seriously, Prada, what were you thinking?: Why the fashion industry keeps bumbling into racist imagery. Globalism demands allowing more voices — more diverse voices — into the creative process and into the decision-making equation. – Read More on the Washington Post
3. How sneaker brands finally catered to women in 2018: “The female consumer is spending 70 percent of every dollar worldwide,” and sneakers are not excluded. Over the course of 12 months from April 2018 to the year prior, Nike women's sneaker sales grew noticeably faster than the men's market: 33 percent compared to 10 percent comprised over 60 percent of footwear sales. – Read More on Fashionista
4. Will The Red Carpet Still Be Relevant In 2019? “The publicists I spoke to said they just didn’t see the value in it anymore. I don’t know how this is going to proceed because there is that light, frothy red carpet that people like, but is that something we need? Is that a progressive part of our society?” – Read More on Vogue
5. Did a slave make your sneakers? The answer is: probably. Prada, Hermes, and Louis Vuitton fared poorly on a new report about forced labor. Meanwhile Adidas, Lululemon, and Gap had the most slavery-free supply chains. – Read More on Fast Co. EDITORIAL NOTE: It is important to remember that these reports are almost always based on self-reported information provided by the companies being reviewed/ranked. As such, there is a lot of room for brands to skew the narrative in their favor, and game the system, so to speak, in order to land top spots that they might not otherwise deserve, or to fare poorly if they opt not to publicly provide information that the specific report is based on.
6. UK advertising watchdog to crack down on sexist stereotypes: Under the new rules, British companies will no longer be able to create promotions that depict men and women engaged in gender-stereotypical activities, amid fears that such depictions are contributing to pay inequality and causing psychological harm. – Read More on the Guardian