Arnault Drops Out of World’s Top 10 Richest as US Tech Dominates
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.
sustainability / Worker's Rights
Sustainability
Fashion Can’t Treat Climate Change as Just a Sustainability Problem
Fashion’s biggest sustainability challenges don’t exist in isolation. Increasingly, neither do the solutions.
Fashion Can’t Treat Climate Change as Just a Sustainability Problem
Fashion’s biggest sustainability challenges don’t exist in isolation. Increasingly, neither do the solutions.
Sustainability
How to Fight Extreme Heat in Fashion’s Supply Chain
Record-breaking temperatures are threatening worker health and disrupting production, but there are simple, cost-effective steps the industry can take to adapt.
How to Fight Extreme Heat in Fashion’s Supply Chain
Record-breaking temperatures are threatening worker health and disrupting production, but there are simple, cost-effective steps the industry can take to adapt.
Sustainability
Why Traceability Is Becoming a Business Requirement for Fashion Brands
With the US, EU and Canada introducing measures on forced labour in supply chains, traceability is no longer just a sustainability initiative but a necessity for market access.
Why Traceability Is Becoming a Business Requirement for Fashion Brands
With the US, EU and Canada introducing measures on forced labour in supply chains, traceability is no longer just a sustainability initiative but a necessity for market access.
Sustainability
Has Fashion’s Exploitative Business Model Gotten Worse?
A new report finds suppliers and workers are absorbing the industry’s relentless push for lower prices more than ever before, while Shein’s acquisition of Everlane underscores how fashion’ current growth model still remains deeply at odds with sustainability.
Has Fashion’s Exploitative Business Model Gotten Worse?
A new report finds suppliers and workers are absorbing the industry’s relentless push for lower prices more than ever before, while Shein’s acquisition of Everlane underscores how fashion’ current growth model still remains deeply at odds with sustainability.
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Sustainability
The Great Sustainability Rebrand
At this year’s Global Fashion Summit, the industry reframed sustainability around its financial value and presented it as a business survival strategy.
The Great Sustainability Rebrand
At this year’s Global Fashion Summit, the industry reframed sustainability around its financial value and presented it as a business survival strategy.
Sustainability
Explainer: Fashion’s New Tariff Threat
A US trade probe into forced labour could trigger new tariffs and import bans, forcing fashion brands to implement more robust supply-chain transparency.
Explainer: Fashion’s New Tariff Threat
A US trade probe into forced labour could trigger new tariffs and import bans, forcing fashion brands to implement more robust supply-chain transparency.
Sustainability
The Impact of War on Fashion’s Supply Chain
Textile hubs are already feeling the cascading risks of the conflict in Iran as Washington ramps up forced labour probes to revive tariffs, while decarbonisation in fashion’s factories might finally have a standard to go off of.
The Impact of War on Fashion’s Supply Chain
Textile hubs are already feeling the cascading risks of the conflict in Iran as Washington ramps up forced labour probes to revive tariffs, while decarbonisation in fashion’s factories might finally have a standard to go off of.
Sustainability
Shein, Nike and Fashion’s Widening Sustainability Gap
Copenhagen Fashion Week’s 20th edition offered promise in pushing fashion’s sustainability agenda from within, defying the wider industry's pullback from the cause. But with fashion’s decarbonisation trajectory offtrack, Shein’s questionable climate targets, paired with labour abuse in Nike and Prada’s supply chains, there’s still a long way to go.
Shein, Nike and Fashion’s Widening Sustainability Gap
Copenhagen Fashion Week’s 20th edition offered promise in pushing fashion’s sustainability agenda from within, defying the wider industry's pullback from the cause. But with fashion’s decarbonisation trajectory offtrack, Shein’s questionable climate targets, paired with labour abuse in Nike and Prada’s supply chains, there’s still a long way to go.
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Sustainability
Shein Tried to Turn Brazil Into a Production Hub. Local Factories Walked Away
Progress stalled after Shein demanded that local suppliers lower prices and deliver orders faster than they could manage, Reuters reported.
Shein Tried to Turn Brazil Into a Production Hub. Local Factories Walked Away
Progress stalled after Shein demanded that local suppliers lower prices and deliver orders faster than they could manage, Reuters reported.
Retail
Urban Outfitters Criticised for Use of Gig Economy App in UK
Urban Outfitters and others have come under fire for advertising jobs on Temper, an gig economy app that’s been criticised for not offering basic employment rights.
Urban Outfitters Criticised for Use of Gig Economy App in UK
Urban Outfitters and others have come under fire for advertising jobs on Temper, an gig economy app that’s been criticised for not offering basic employment rights.
Sustainability
Nike Compensates Migrant Workers Five Years After Labour Controversy
Nike has agreed to substantial payouts to thousands of former garment workers at a Thai supplier after years of pressure from labour rights campaigners and an independent investigation into alleged wage theft during the pandemic.
Nike Compensates Migrant Workers Five Years After Labour Controversy
Nike has agreed to substantial payouts to thousands of former garment workers at a Thai supplier after years of pressure from labour rights campaigners and an independent investigation into alleged wage theft during the pandemic.
Sustainability
Fashion’s Climate Reckoning Is Just Getting Started
From dangerous heat on factory floors to flooding across sourcing hubs, climate risks are catching up with fashion’s supply chains. While new recycling initiatives attempt to scale to address the industry’s waste and emissions problem, easing regulation in Europe raises questions about the path forward heading into 2026.
Fashion’s Climate Reckoning Is Just Getting Started
From dangerous heat on factory floors to flooding across sourcing hubs, climate risks are catching up with fashion’s supply chains. While new recycling initiatives attempt to scale to address the industry’s waste and emissions problem, easing regulation in Europe raises questions about the path forward heading into 2026.
The News in Brief
Dior and A24 Announce Two-Year Collaboration
The partnership, which will kick off at the A24-owned, New York-based Cherry Lane Theatre, will comprise live events for film and theatre featuring established and emerging creative talent.
Princess Diana’s ‘Revenge Dress’ Comes to Auction at Sotheby’s
The black silk evening dress by Greek designer Christina Stambolian could fetch close to $300,000.
Macy’s Raises Annual Targets as Bloomingdale’s Drives Growth
The retailer's improved outlook reflects resilience among higher-income shoppers, despite broader economic uncertainty.
American Eagle Shares Slide on Margin Outlook, Weak Sales at Core Brands
Shares slumped over 11 percent in premarket trading Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company's core brands outweighed a second-quarter revenue beat.
Primark to Start Home Delivery as Sales Fall Ahead of Split
The decision is a major about-face for the budget fashion chain as it tries to stem falling sales ahead of its split from Associated British Foods.
Nike Reassures Executives That Its Stock Is Still in the S&P 500
An internal memo reviewed by Bloomberg sought to clear up misunderstandings around the brand’s coming removal from the S&P 100.
Jonathan Cohen Joins J. Mendel as Resident Designer
The New York-based designer is tasked with reviving the 156-year-old luxury fashion house, which filed for Chapter 11 bankruptcy in 2018.