Photo: Rafael Pavarotti/Courtesy of British Vogue
These are the stories making headlines in fashion on Tuesday.
Tyla covers British Vogue
Tyla is British Vogue‘s March 2025 cover star. Photographed by Rafael Pavarotti and styled by George Krakowiak, the South African artist wears a pink sculptural bustier top and a black skirt by Balenciaga on the cover. In the cover story written by Funmi Fetto, Tyla discusses navigating her newfound superstardom, growing up in South Africa and being inspired by Rihanna. The March issue of British Vogue will be available via digital download and on newsstands starting Feb. 25. {British Vogue}
Edward Enninful launches media and entertainment company
Edward Enninful founded a global media and entertainment company called EE72 with his sister, Akua Enninful. Akua will serve as the company’s CEO, while Edward will be chief creative officer. Enninful told WWD that the company will offer “authentic representation and storytelling that speaks to today’s interconnected world” and that the duo plans to pursue partnerships with “visionary creators and groundbreaking companies to develop and produce transformational content, immersive experiences and innovative products that challenge audiences to see the world through new eyes.” {WWD/paywalled}
OTB releases 2024 full-year results
OTB — the parent company of Diesel, Jil Sander, Maison Margiela, Marni and Viktor & Rolf — released its 2024 full-year results on Tuesday, which showed its net sales dropped by 3.1%. Maison Margiela and Diesel’s sales grew by 4.6% and 3.2%, respectively. The company also saw growth in Japan (16.3%) and North America (13.3%). OTB experienced a downturn in the Chinese market, as well as a slowdown in the wholesale channel. {OTB Group}
Diane von Furstenberg signs European distribution deal with Zalando
Diane von Furstenberg tapped Zalando, a European online fashion destination, as the brand’s sole retail partner in Europe. Diane von Furstenberg designs will be exclusively available on Zalando in all of its 25 markets. Zalando plans to use its “digital innovation and contemporary storytelling” to introduce the designer brand to a new generation. “Zalando shares our vision to empower women and offer them quality clothes that make them feel confident,” designer Diane von Furstenberg said in a statement. “I’m excited to see this partnership reach a new generation of women.” {Zalando}
Photo: Emmanuel Sanchez-Monsalve/Courtesy of The Cut
Bad Bunny covers The Cut
The Cut‘s second solo print issue stars Bad Bunny on its Spring 2025 cover. Photographed by Emmanuel Sanchez-Monsalve and styled by Jessica Willis, Bad Bunny wears a vintage white T-shirt and vintage leather braided belt from The Society Archive, ERL chino shorts and Cartier jewelry on the cover. In the cover story written by Jen Ortiz, Bad Bunny reflects on exploring the history of Puerto Rico, the gentrification of the Caribbean island and the messages behind his latest album, DeBÍ TiRAR MáS FOToS. Read the full cover story here or in the Feb. 17, 2025 issue of New York Magazine. {The Cut}
Kayali bought by co-founder and private equity firm General Atlantic
Huda Beauty is selling its fragrance brand Kayali to its co-founder and private equity firm General Atlantic. The firm is buying back a stake held by TSG Consumer Partners since 2017. Kayali founder Mona Kattan will own the fragrance business with General Atlantic, and Kayali will operate as an independent company with Kattan continuing as CEO. The deal’s value was not disclosed. {Business of Fashion/paywalled}
Saks Global’s new payment terms shake designers
In a memo sent to all vendors by Saks Global CEO Marc Metrick, the company stated that, effective immediately, Saks Global will pay for all purchase orders 90 days from when the inventory is received, and that it will begin paying past-due balances in 12 installments beginning in July 2025. These new terms delay typical payment timings: Payments would often previously be scheduled to the invoice date, which is when product is shipped out by brands. Some brands stocked across Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman are concerned that scheduling payments for 90 days after inventory is received could invite delays due to shipping disruptions and disagreements over timelines. {Vogue Business/paywalled}
Homepage photo: Marc Piasecki/WireImage
Source: Fashionista.com
