Edward Buchanan Opens New Creative Hub in Milan
A new space called The Situation will host exhibitions and residencies and provide resources to Black, queer and other under-represented creatives.
fast-fashion
Sustainability
Why Fast Fashion Still Has Gen-Z’s Heart
The generation credited with leading the charge on climate activism and social justice is also propelling the growth of fast-fashion behemoths like Shein and Boohoo.
Retail
Boohoo, H&M Warn Supply Chain Issues Are Hitting European Retail
High shipping costs and global supply chain disruptions are starting to challenge European clothing retailers.
Global Markets
Fast Fashion Brands Expand to Smaller Latin American Markets
Despite the challenges brought upon by the pandemic, global fast-fashion retailers are continuing to strengthen their foothold in new Latin American countries, including Guatemala, Panama, and Uruguay.
Retail
PrettyLittleThing Names Influencer Molly-Mae Hague as a Creative Director
Hague, a social media influencer who shot to fame on British reality TV series Love Island, has previously worked with PrettyLittleThing as a brand ambassador.
Retail
Shein Looks to Change Its Narrative With Design Challenge
This week everyone will be talking about Shein’s new design competition, Gap Inc.’s earnings and plans for fashion month.
Global Markets
Report: Fast Fashion Spurs Pollution of Africa’s Rivers
Global fast fashion brands are helping drive pollution that has dyed African rivers blue or turned their waters as alkaline as bleach, according to a
Retail
Boohoo Founder Ordered to Give Evidence in US Fraud Case
The controversial co-founder of Boohoo Group Plc must give evidence in a lawsuit alleging the British online fashion retailer deceived U.S. customers with fraudulent pricing.
China
Shein’s Supply Chain Provider Singbada Secures Investment
Guangzhou-based start-up Singbada, a digital supply chain provider for Chinese fast fashion giant Shein, said Tuesday it secured a pre-Series A investment to develop its supply chain software and management business, according to KrAsia.
Retail
What Is Fast Fashion?
This week, everyone will be talking about France reopening, the debate over Pride merchandise and Zara owner Inditex’s results.
Retail
The Search for the Next Shein
Investment firms like Andreessen Horowitz are backing start-ups that mimic the Chinese fast-fashion giant’s blueprint, as they look to build the next big Gen Z label.
Sustainability
Op-Ed | Who Pays for Sustainability?
To fund a more sustainable future, the fashion system must become more productive, embracing a supply chain strategy rooted in shared risk, not lowest cost, argues John S. Thorbeck.
Retail
Where Do Fast Fashion’s Giants Go From Here?
The pandemic has radically shifted the retail landscape, creating new challenges for incumbents H&M Group and Zara-owner Inditex.
The News in Brief
L’Oréal Joins Forces With Nykaa to Invest in Indian Beauty Brands
BOLD, the French conglomerate’s venture capital fund, will collaborate with retailer Nykaa to invest in the next generation of Indian beauty brands.
Private Equity Firm Inflexion Invests in Manucurist
The European investor, which previously backed Medik8, has taken a 49 percent stake in the premium French nail line.
H&M Profit Rises on Tariff Refunds as Sales Remain Sluggish
US tariff refunds drove an increase operating profit, even as the fast-fashion retailer has struggled to deliver consistent sales growth.
Arnault Clan to Change LVMH Holding Structure to Ensure Control
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
JD Sports Says Nike Turnaround Is Only a Matter of Time
Dominic Platt, chief financial officer of the British sportswear retailer, told Reuters, ‘Much as there's a lot of talk about Nike, it's still the most popular brand out there and it's still a very strong brand.’
Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Meta Expected to Unveil Smart Glasses Without Camera
Smart glasses have become a target of criticism in recent months amid growing concerns they can be used to record people without their consent.