Daily Links

1. France’s Unofficial Minister for Fashion Isn’t Afraid of a Redesign: First, Brune Poirson spearheaded a law banning destruction of unsold goods. Now she’s part of negotiations regarding President Trump’s threats to impose tariffs on handbags and other luxury goods, also known as the “handbag war.” – Read More on the NY Times

2. Inside Kanye West’s struggle to build a Yeezy sneaker empire: Recently, some of the excitement has turned to skepticism. Many are wondering aloud whether Yeezys “are dead.” Certain Yeezy models cost a lot less on the resale market than they used to. It turns out, this is all part of West’s grand plan for his sneaker empire. – See More on CNBC

3. Kanye West’s Yeezy Venture is Worth $1 Billion and Growing. Fast forward 6 years, and West and adidas have the $3 billion-earning Jordan empire “in [their] sights, in terms of both cultural clout and commercial prowess.” – Read More on TFL

4. Prada and LVMH to Drop Leases as Hong Kong’s Retail Sparkle Fades: Rents on what was recently the world’s most-expensive shopping street fell 15% in the second half of 2019. – Read More on WSJ

5. What Beyoncé’s Ivy Park x Adidas launch means for the new age of celebrity brands: Given its hype and Beyoncé’s unwavering longevity as a cultural powerhouse, Ivy Park x Adidas may become the standard bearer for the new age of endorsement, one that goes far beyond the broken, transactional hold-the-product-and-smile model and into something much more authentic: ownership. – Read More on Fast Co.

1. Balenciaga to Return to Couture in July: Creative director Demna Gvasalia, who is best known for his chunky Triple S sneakers, is to revive the brand’s high fashion activity 52 years after the founder closed his house. – Read More on WWD 

2. Gen Z, women and Louis Vuitton drive StockX to $1 billion in transactions: Music and/or pop culture-related “merch has a bigger social status than just a drop that anyone can buy from their bedroom. It can have more of a role now in showing what tribe you’re a part of than things like the Supreme drops will.” – Read More on Vogue Biz 

3. How American Apparel is trying to make a comeback after two bankruptcies: American Apparel went into bankruptcy court in 2015, and then again in 2016. But the brand’s wares, from knit T-shirts to zip-up hoodies and disco pants, are still available for purchase online. That’s because the brand was purchased by Canadian company Gildan Activewear in 2017. – Read More on CNBC 

4. RETRO READ: American Apparel – The Rise, Fall and Rebirth of an All-American Business. By 2007, American Apparel had become the largest T-shirt manufacturer in America. One of only a few clothing companies exporting “Made in the USA” products, it sold about $125 million worth of domestically manufactured clothing outside of America. All the while, the behind-the-scenes controversy that had been brewing would be making its way into the purview of the public. – Read More on TFL 

5. How Ganni used tech-world tricks to grow from a cult fashion label to a global brand: The little-known Danish label has seen 50% growth in revenue year over year for the past 3 years. The company is estimating more than 30% growth from 2018 to 2019, with projected sales of more than $88 million for 2019. – Read More on Fortune

1. Ultimate Status Symbol: Just as French luxury giant LVMH adds Tiffany & Co. to its stable, it scores more than a marketing coup with a diamond deal that’s out of this world, a 1,758-carat Sewelo diamond, which is roughly the size of a tennis ball. – Read More on Bloomberg

2. For most luxury goods, this is the most expensive city in the world: Hong Kong was found to be the priciest city in the world for luxury products and services, according to a report by private bank Julius Baer. – Read More on CNBC

3. Jennifer Lopez Is Fashion’s Most Coveted Spring ’20 Campaign Star — But Will She Drive Sales? Jennifer Lopez is the face of three major fashion campaigns for spring ’20 (Gucci, Guess, and Coach) — making her the season’s most coveted ad star. While it’s rare for a celebrity to front so many different brands in the same season, Lopez, 50, is “unique and a megastar right now.” – Read More on Yahoo

4. Is This the Birkin Bag of Lipstick? Every six months for the near future, Hermès plans to launch a new cosmetics category. The company won’t yet confirm any delivery dates or future product lines—“at our own pace” is a phrase often used at Hermès so as not to ensnare its creatives in rigid delivery schedules—but foundations and eye and cheek colors are not far behind, to be followed eventually by skin care. – Read More on WSJ

5. Forget heels, white trainers were the shoe of the decade, going from scruffy to stylish: More than 23 billion pairs of trainers are produced annually, of which about 300 million are thrown away each year, and it takes 30 to 40 years for sneakers to decompose in a landfill. – Read More on SCMP

6. RETRO READ: Sneakers Are the Hottest Thing in Fashion and They Aren’t Going Away Anytime SoonDigital aggregator Farfetch is offering up more than 5,000 sneakers styles, much more than the 3,500 heels/pumps styles is currently has on its site. – Read More on TFL 

1. Inside the millennial church of Glossier—the beauty brand that wants to get your best friend: Glossier has become the ur-brand for a millennial subculture that loves to hate itself even as it loves to support that which it (supposedly) hates … Glossier wants, above all, to be your friend. It’s a kinder, gentler capitalism—but a capitalism all the same. – Read More on Prospect Mag 

2. Gucci’s Alessandro Michele: “I started in this business 25 years ago and I’m lucky because I’m still working by my stomach,’’ Mr. Michele said, meaning he is driven less by marketing than by instinct. “At a certain point in the business, it was ‘Sell the bag, sell the bag, sell the bag’.’’ That, he said, was the point at which he found himself bored and depressed and looking for the exit. Then, as it happened, he sold the bag. – Read More on the New York Times 

3. ‘LVMH of China’ faces disruption to its cotton supplies: Shandong Ruyi is facing serious disruption to its access to cotton supplies after the company was placed on an industry blacklist that will halt much of its trading in the commodity with major global groups. – Read More on the FT 

4. The unique challenges of selling fashion in China: “Telling that story repeatedly and constantly is really, really important for brands. Working mostly also with luxury brands, they kind of have the sense that, ‘Of course everybody knows who I am.’” But often they just know the name, and not necessarily the story behind the brand. – Read More on Quartz 

5. What’s the carbon footprint of your closet? ThredUp will tell you: ThredUp, an enormous online consignment store, has created a tool with Green Story (which calculates the carbon impact of different consumption behaviors) that estimates your own personal impact based on how you shop and take care of clothes. – Read More on Fast Co. 

1. Millennials want clean conscience when buying luxury goods: “If British luxury is to achieve its target of £65 billion in sales over the next five years, sustainability has to be at the heart of every brand’s strategy.” – Read More on the Evening Standard 

2. Just about every store at the mall is struggling. Then there’s Bath & Body Works: “There are so many things going against this company: It’s a mall merchant — that, alone, should have spelled doom. And it’s selling commodities that are broadly available elsewhere, often for cheaper. But somehow Bath & Body Works has figured out how to appeal to the masses.” – Read More on the Washington Post 

3. RETRO READ: Mall Staple Bath & Body Works Should be Dead, So Why is it Exhibiting “Exceptional” Growth? Staple mall brands have been getting killed off with some regularity in recent years, as consumers opt for e-commerce purchases and foot-traffic has plummeted as a result, but Bath & Body Works is far from dead. – Read More on TFL 

4. The origins, and explosive growth of athleisure: As society grew to accept sportswear separates as the norm, a new term was needed to differentiate this new generation of multipurpose fashion from its predecessor. That’s where athleisure comes in. – Read More on Fashionista 

5. Collaborations are providing fashion brands a gateway to the Chinese market: A June report from Gartner L2 showed that the percentage of fashion brands promoting brand collaborations on the Chinese social network Weibo had jumped up from 62% in the first quarter of 2018 to 80% by the midpoint of 2019. – Read More on Glossy