Must Read: Aritzia Reports 44% Q2 2027 Revenue Spike, LVMH and Kering Refresh Their Model Protection Guidelines
These are the stories making headlines in fashion on Friday.
Aritzia Reports 44% Revenue Spike in Q2 2027
Aritzia shared its Q2 2027 financial results on Thursday, which showed a 44.1% net revenue increase to $1.17 billion. Its U.S. net revenue surged 60.3% to $779.4 million (comprising 66.6% of net revenue), while its Canada net revenue increased 19.8% to $390.4 million (33.4% of net revenue). Its digital channel also displayed a robust performance, as it grew 67.7% to $402.9 million. {Aritzia}
LVMH and Kering Refresh Their Model Protection Guidelines
Kering and LVMH partnered in 2017 to sign a first joint charter on models’ working conditions, and now, the fashion conglomerates are strengthening their commitments. In the updated guidelines, the minimum age for models to represent adults in fashion shows or photoshoots is now 18 (an evolution of the minimum age set at 16 for LVMH in 2017). It also sets a “strict principle of zero tolerance for any form of harassment, abuse or violence, particularly gender-based or sexual.” {LVMH}
What Is the New ‘Ball Hog’ TikTok Aesthetic?
On TikTok, a new aesthetic called “ball hog” is on the rise. As Samuel Hine writes for The Cut, a ball hog is “essentially the deep-fried zoomer equivalent of the millennial hypebeast aesthetic.” These outfits may seem casual on the surface, but they feature high-end designer pieces like Hedi Slimane–era Saint Laurent sweatshirts and Nicolas Ghesquière–era Balenciaga sneakers. {The Cut/paywalled}
Zankov Names First CEO
Zankov has appointed Jack Tobin, founder of Jack Tobin Agency, as its first CEO and business partner. Zankov began its partnership with Jack Tobin Agency two years ago, and has since increased its international business more than tenfold and doubled its global stockist network. “I have always envisioned having a partner who could join me in shaping the next chapter of the brand — someone who shares my ambition to build an enduring business while staying true to the creative vision that has always defined Zankov,” Henry Zankov told WWD. “Jack is the ideal partner to take this next step with, and I’m excited about what we can build together.” {WWD/paywalled; Instagram}
F.P.Journe and Chanel Acquire Watchmaker Ebel
F.P.Journe (formally known as Montres Journe SA) and Chanel have acquired a 95% interest in Swiss luxury watch brand Ebel for $66.5 million from Movado Group, Inc. Pierre Jacques, who also participated in the strategic buyer group, will serve as CEO of Ebel. Movado Group will retain a 5% interest in the business. {WWD/paywalled; Movado Group Inc.}
* This article was originally published here