What comes to mind when you hear the phrase Y2K? Here s a hint: It s no longer about a computer glitch that could have made the world go haywire at the end of 1999. Today Y2K is all about fashion, with people trading in their skinny jeans for cargo pants.
NEW YORK - First came the supposed death of skinny jeans. Then, the resurgence of cargo pants, halter tops and baby tees.If there's one thing retailers can agree on, it's that Gen Z is hot for the early 2000s fashion trends now booming in popularity.College interns and young workers are donning wide
Fueled by social media platforms including TikTok, the so-called Y2K trend resurfaced as consumers began attending parties and going out after pandemic lockdowns.
Gucci-owner Kering paid 3.5 billion euros ($3.83 billion) for acquiring high-end French fragrance label Creed in June, the Financial Times reported on Monday, citing people familiar with the matter. The French luxury group made the acquisition since flagging intentions earlier in the year to create an in-house cosmetics business. The all-cash deal to acquire 100% of the fragrance house from funds controlled by BlackRock and by the company's current chairman Javier Ferran is expected to close in the second half this year.