British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
start-ups
Beauty
How Homegrown Indian Beauty Brands Are Plotting Their Next Launch
The global industry is turning its attention towards India with a slew of international brands bringing their best selling products to the subcontinent. But local lines are leveraging their close proximity to the customer to produce products that have a perfect market fit for regional shoppers and the diaspora alike.
How Homegrown Indian Beauty Brands Are Plotting Their Next Launch
The global industry is turning its attention towards India with a slew of international brands bringing their best selling products to the subcontinent. But local lines are leveraging their close proximity to the customer to produce products that have a perfect market fit for regional shoppers and the diaspora alike.
Sustainability
Multiple Bidders Emerge to Buy Bankrupt Recycler Renewcell
A deadline to submit initial offers passed on Thursday, with a final deal expected to close mid-April.
Multiple Bidders Emerge to Buy Bankrupt Recycler Renewcell
A deadline to submit initial offers passed on Thursday, with a final deal expected to close mid-April.
Retail
What a Fashion Company Is Worth Today
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
What a Fashion Company Is Worth Today
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
Beauty
Who Could Buy Rare Beauty?
News of a potential exit has the beauty industry in shock and awe of the Selena Gomez-founded label, and wondering what its next move should be.
Who Could Buy Rare Beauty?
News of a potential exit has the beauty industry in shock and awe of the Selena Gomez-founded label, and wondering what its next move should be.
Direct-to-Consumer
Report: Outdoor Voices’ Former Employees Say Bankruptcy Is Imminent
The embattled athleisure brand has mounting cash problems, Sourcing Journal says.
Report: Outdoor Voices’ Former Employees Say Bankruptcy Is Imminent
The embattled athleisure brand has mounting cash problems, Sourcing Journal says.
Sustainability
Why Renewcell’s Bankruptcy Might Be the Push Textile Recycling Needed
In the weeks since one of the industry’s most promising recycling start-ups filed for bankruptcy, big brands have put more money and more commitment into bringing innovations to market.
Why Renewcell’s Bankruptcy Might Be the Push Textile Recycling Needed
In the weeks since one of the industry’s most promising recycling start-ups filed for bankruptcy, big brands have put more money and more commitment into bringing innovations to market.
Beauty
Lightning in a Bottle: Tapping Into the Niche Fragrance Boom
With independent perfume on a hot streak for investments and acquisitions, the fragrance market is only growing larger — and more competitive. Here’s what steps emerging brands need to take as they grow.
Lightning in a Bottle: Tapping Into the Niche Fragrance Boom
With independent perfume on a hot streak for investments and acquisitions, the fragrance market is only growing larger — and more competitive. Here’s what steps emerging brands need to take as they grow.
Sustainability
H&M Places New Bet on the Future of Fashion Recycling
The fast-fashion giant has joined Vargas and TPG to back a new polyester recycling venture following its failed bet on Renewcell.
H&M Places New Bet on the Future of Fashion Recycling
The fast-fashion giant has joined Vargas and TPG to back a new polyester recycling venture following its failed bet on Renewcell.
Luxury
Who Decides War’s Plan to Redefine Americana
Now up for the LVMH Prize, designers Everard Best and Téla D’Amore are looking to fuel the next phase of growth for their hyped brand — known for its die-hard community and ultra-detailed denim.
Who Decides War’s Plan to Redefine Americana
Now up for the LVMH Prize, designers Everard Best and Téla D’Amore are looking to fuel the next phase of growth for their hyped brand — known for its die-hard community and ultra-detailed denim.
Sustainability
Renewcell Was Poised to Lead Fashion’s Recycling Revolution. How Did It Fail?
The Swedish company was at the forefront of efforts to scale up supply of more sustainable materials. It filed for bankruptcy on Sunday.
Renewcell Was Poised to Lead Fashion’s Recycling Revolution. How Did It Fail?
The Swedish company was at the forefront of efforts to scale up supply of more sustainable materials. It filed for bankruptcy on Sunday.
Sustainability
Investment in Next-Gen Materials Rebounded to $500 Million in 2023
Following a sharp decline in 2022, investment in new eco-materials like plant-based leathers and bioengineered silks and wools grew nearly 10 percent last year, a new report found.
Investment in Next-Gen Materials Rebounded to $500 Million in 2023
Following a sharp decline in 2022, investment in new eco-materials like plant-based leathers and bioengineered silks and wools grew nearly 10 percent last year, a new report found.
Direct-to-Consumer
Everlane Still Wants to Be a $1 Billion Brand. Is That Even Possible?
Founder Michael Preysman and his investors are back in growth mode after implementing cost cuts and changes to the product mix last year. Whether Everlane can find a new leader to make it the sales juggernaut it's always dreamt of being will be a test case for whether late-stage start-ups can escape the direct-to-consumer curse.
Everlane Still Wants to Be a $1 Billion Brand. Is That Even Possible?
Founder Michael Preysman and his investors are back in growth mode after implementing cost cuts and changes to the product mix last year. Whether Everlane can find a new leader to make it the sales juggernaut it's always dreamt of being will be a test case for whether late-stage start-ups can escape the direct-to-consumer curse.
The News in Brief
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.
Hermès Sales Climb, Boosted by US
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.