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Five key executives quit Nykaa amid pressure on beauty retailer’s stock price

In a significant senior-level management shakeup at Nykaa, five members of the omnichannel beauty retailer’s leadership team have quit since the beginning of 2023.Chief commercial operations officer Manoj Gandhi, chief business offer of Nykaa Fashion Gopal Asthana, chief executive of wholesale business Vikas Gupta, Nykaa fashion’s Owned Brands business vice president Shuchi Pandya and the fashion unit’s vice president of finance Lalit Pruthi have left the company.Prior to these resignations, the company’s chief financial…

Is Gwyneth Paltrow turning her trial into a Goop fashion ad?

Gwyneth Paltrow once boasted to a class at Harvard Business School about her ability transform her biggest controversies into opportunities to drive traffic to her Goop lifestyle website. “I can monetize those eyeballs,” the Oscar-winning actor-turned-lifestyle-CEO said about corralling the vitriol of the internet and the public’s mixed feelings about her into cash, according to a 2018 New York Times magazine cover story. So, it should be no surprise that Paltrow may have a certain purpose in selecting the eye-catching,…

From Versace’s Glittery Blazer To Oscar de la Renta’s Sequin Crystal Embroidered Bodysuit, Here’s How She Aced Her Fashion Game!

Taylor Swift Left Us All In Awe Of Her Glamorous Looks During Her Eras Tour ( Photo Credit – Donatella Versace / Instagram ) Taylor Swift makes her fans groove to her tracks during her most-anticipated Eras tour. The Grammy-winning singer kickstarted her time with two shows in Glendale, Arizona, and set the stage on fire with her performance. However, the concerts did not only have music and dance but also a lot of glamour exuded by the Tay. Taylor is making sure to be all blinky during her ongoing tour with her…

Zara Extends Lead Over H&M, Faces Down Threat From Shein

For years, Zara owner Inditex SA ITX -5.11% vied with H&M HM.B -8.47% Hennes & Mauritz AB for global fast-fashion supremacy. Now, the Spanish retailer is pulling ahead of its rival, partly as its pricier offering has set it farther apart from new low-price, online competitors such as Shein.The perception among shoppers that Zara is more upmarket than H&M has also given the brand more leeway to increase…

Indian Actress Rashmika Mandanna spotted with a Maruti Suzuki Fronx at the Lakme Fashion Week [Video]

Maruti Suzuki had unveiled their all-new crossover Fronx at the Auto Expo earlier this year. Bookings for the same has already started and the Fronx has already started arriving at the Nexa dealerships across the country. We have already seen walkaround videos and images of the Fronx online and recently Indian Actress Rashmika Mandanna had arrived at an event in a Maruti Suzuki Fronx. The video has been posted online and has been viewed by thousands of viewers. The video has been uploaded by Viralbollywood on their…

Oscars fashion: bridal colours dominate as red carpet is scrapped | Oscars 2023

If the Oscars is seen as the peak of red carpet dressing, the Academy changed things up for 2023 – with a champagne-coloured carpet. While the change was not known about when stylists were finalising their client’s outfits, there was a noticeable matchiness between carpet and clothing. White, beige and oyster dresses dominated, bringing a slightly bridal feel.Jamie-Lee Curtis wearing a shade of champagne, on a champagne-coloured carpet Photograph: Chelsea Lauren/REX/ShutterstockThe stars of winning film Everything…

How the pandemic has changed the Swedish fashion industry

An illustration of the transformation of the market and the trends ongoing in retail. Credit: The International Review of Retail, Distribution and Consumer Research (2022). DOI: 10.1080/09593969.2022.2158119 The COVID-19 pandemic has had clear consequences for the Swedish fashion industry. Digitalization has accelerated, while efforts to attract customers to physical stores have stagnated. A development that will continue,…

Zalando Profits: Online fashion retailer Zalando to focus on profitability after 2022 slump

Zalando, Europe's biggest online fashion retailer, will focus on improving profitability this year after a profit slump and stagnating sales last year.The company's adjusted group earnings before interest and tax (EBIT) plunged by 60.1% last year to €184.6 million ($197.3 million) on revenue down 0.1%, it said on Tuesday, in line with guidance updated in November.The EBIT margin was 1.8%, compared with 4.5% in 2021, but the company's profitability push - including jobs cuts announced last month - is expected to help it to…

Teaching CLIP Some Fashion. Training FashionCLIP | by Federico Bianchi | Medium

Training FashionCLIP, a domain-specific CLIP model for FashionPhoto by Domenico Loia on Unsplash.This is a short blog post describing FashionCLIP. If you are a data scientist you probably have to deal with both images and text. However, your data will be very specific to your domain, and standard models might not work well. This post explains how domain-specific vision and language models can be used in a domain-specific setting and why using them can be a promising way to create a search engine or a (zero-shot)…

Balenciaga Displays Restraint in First Fashion Show Since Child Ad Backlash

PARIS—Balenciaga’s creative designer Demna mounted a toned-down fashion show on Sunday in a bid to turn the page on consumer outrage that engulfed the brand over its portrayal of children in its ads.Company executives had touted the show, Demna’s first since the controversy erupted, as an important moment to reset the brand’s image. Those gathered for the show under the pyramid of the Louvre in Paris saw a different side to the Georgian-born German national. The stage was minimalist, with a neutral canvas covering the…