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VF acquires Supreme, Ulta and Target partner, at-home beauty boom

A round-up of everything you might have missed in relevant fashion, retail and tech industry news over the past week.

TOP STORIES
  • Fashion is set for an M&A frenzy in 2021 (BoF)
  • What a vaccine could mean for retail (Retail Dive)
SUSTAINABILITY & PURPOSE
  • Clothing businesses urged to protect their profits and the planet with ambitious climate change pledge (TheIndustry.Fashion)
  • The UK watchdog is tackling greenwashing. Will others? (Vogue Business)
  • Allbirds to raise prices on Black Friday to fight climate change (Retail Dive)
  • Barbour places sustainability at the heart of Christmas campaign (Fashion United)
RETAIL & COMMERCE
  • How Aesop plans to keep it culty (BoF)
  • Walmart taps self-driving vehicle startup for autonomous deliveries (Retail Dive)
  • At-home beauty tech see a lockdown boom (Vogue Business)
  • DTC brands reimagine the mall (Glossy)
  • Can fashion finally crack the ‘last-mile’? (BoF)
  • Misguided ramps up contact-free collection ahead of Christmas (Fashion United)
  • Is click-and-mortar the future of China’s luxury retail? (Jing Daily)
MARKETING & SOCIAL MEDIA
  • Olding is the new blanding: luxury brands look back to get ahead (BoF)
  • Taking advantage of multi-level marketing MLM in China (Jing Daily)
  • L’Oreal offers first line of makeup for social media, video calls (Retail Dive)
  • How Rite-Aid’s rebranding takes cues from digital competitors (Modern Retail)
PRODUCT
  • H&M Home taps DVF for interior collection (Fashion United)
  • Judith Leiber launches customizable fragrance (WWD)
  • This sweater was grown in a bioreactor (Fast Company)

BUSINESS

  • VF to acquire Supreme, valuing brand at $2.1 billion plus (WWD)
  • Mytheresa plans for US IPO (Bloomberg)
  • Alibaba boasts over $70 billion sales as first post-virus Singles Day nears end (Reuters)
  • Farfetch talks “Luxury New Retail” initiative (WWD)
  • How the Farfetch-Alibaba-Richemont alliance could change the game in the world’s largest luxury market (BoF)
  • Ulta Beauty and Target announce partnership (WWD)
CULTURE
  • Seizing Shanghai Art Week’s fashion opportunity (WWD)
  • Millenial women lead as China’s most important customer (Jing Daily)
  • How to market to a divided America (Business of Fashion)

By Katherine Cheng

Katherine Cheng is the Innovation Editor at TheCurrentDaily and Head of Technology Strategy at Together Group, where she consults for clients including Farfetch, Cartier and H&M. Originally from Hong Kong, she is interested in how cultural, behavioral and technological shifts influence how consumers and brands interact with each other. Her primary focus is on leveraging emerging technologies and the global startup ecosystem to drive meaningful innovation across the retail landscape.