Articles by Kristopher Fraser
Why is the luxury handbag market increasing?
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What’s in a bag? Plenty if you ask Chanel, Dior, Louis Vuitton, and Coach. Inflation might be on the rise, housing costs are increasing, and contrary to what some might believe, the global COVID-19 pandemic isn’t over. Despite this, projections for the global luxury handbag market exceed a valuation of 35.4 billion dollars by 2031. Luxury...
Rebecca Allen introduces new colors
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Rebecca Allen began making a name for herself in the fashion industry by introducing nude heels for women in every skin tone. As a Black-owned brand, she has been breaking ground in the fashion industry sparking the conversation over how nude tone heels originally didn’t fit every skin tone. After a successful launch at Nordstrom, the brand is...
Bedrock Manufacturing Co. names new CEO
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Bedrock Manufacturing Company, the parent of Shinola and Filson, has named Awenate Cobbina as its new CEO, effective January 1, 2022. Cobbina was already involved with BMC as a board member, so this is an expansion of his duties. In his new role, Cobbina will drive overall day-to-day business activities during a period when Shinola and Filson...
Joseph Altuzarra launches Altu
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Fashion designer Joseph Altuzarra has launched a new ready-to-wear label called Altu. The line is now available on Altu.world and MatchesFashion. This marks Altuzarra’s first gender-inclusive line with pieces including knitwear, jersey separates, sleek leather pants, and sweats. Altuzarra has dubbed the new label “genderful” as a universal...
P. Diddy wants to buy back bankrupt Sean John line
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Billboard has reported that P. Diddy is looking to buy back his Sean John fashion line from the brand’s bankrupt owner. Diddy had sold most of the apparel line to Global Brands Group in 2016, but this summer GBG filed for Chapter 11 bankruptcy after the devastating blow they took from COVID-19. The affiliate of GBG that controls Sean John filed...
Jasmyne Spencer launches collection supporting Hurricane Ida Relief
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Houston Dash forward, Jasmyne Spencer, has launched a new clothing collection called “Gone By 2050” this season. Gone By 2050, according to Spencer’s company, Jas It Up, is perfect for everyone and is made from eco-friendly materials. The sustainable collection ranges in price from 45 dollars to 85 dollars, allowing customers to pay with...
The Verticale announces acquisition of The Helm Shop
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The Verticale, an online marketplace for conscious consumerism and values-driven shopping founded by Jaclyn Grauman and Michelle Silverstein, has acquired The Helm Shop’s assets and IP. The Helm Shop is the e-commerce arm of a New York City-based venture firm, The Helm, led by Lindsey Taylor Wood and Julie Weber, which is committed to elevating...
Depop and Wiz Khalifa partner for drops
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Community-powered resale platform, Depop, has launched an exclusive, curated shop with multi-platinum selling, Grammy and Golden Globe nominated recording artist, Wiz Khalifa. A portion of the proceeds from the shop will be donated to music education program Little Kids Rock and 412 Food Rescue, a non-profit organization dedicated to recovering...
Telfar launches Bag Security Program III
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The Telfar shopping bag, otherwise known as the “Brooklyn Birkin” has become as difficult to acquire as an actual Birkin, and it’s a fraction of the price. Today, Telfar has launched its third Bag Security Program to give customers a shot at getting the coveted handbag. The Bag Security Program, known in this iteration as BSPIII, is a presale...
Balenciaga names new chief marketing officer
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Ludivine Pont has been named chief marketing officer of Balenciaga. This is the first time the brand has had this type of role. Pont will be reporting to Cédric Charbit, Balenciaga’s CEO. In her new role she will oversee marketing and communications for the Kering-owned fashion house. Balenciaga is one of the crown jewels of Kering’s portfolio,...