The Latest
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Temu accused of failing to secure customer personal and financial data in class action lawsuit
The legal complaint claims the fast fashion giant wiretapped its customers’ electronic communications through its website.
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Willy Chavarria and Pacsun release tee and hoodie collab
A portion of the proceeds from the 12-piece collection will go to support Fresno Barrios Unidos, a California-based youth nonprofit organization.
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Shein discloses UK revenue of $1.38B, boosting its market share in the region
Industry analysts expect the fast fashion giant to rank in the top 10 of apparel retailers in the U.K. this year.
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Adidas says its stance has not changed on Ye after CEO comments
Bjørn Gulden said the situation was, “Very unfortunate because I don’t think he meant what he said, and I don’t think he’s a bad person, it just came across that way.”
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MycoWorks begins production of mushroom biofiber at new South Carolina facility
The factory could produce millions of square feet of the firm’s leather alternative material each year.
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H&M will expand return fees for online orders
The fast-fashion retailer has begun charging customers in the U.S., U.K. and most of Europe, unless they belong to its free loyalty program.
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Retrieved from Moncler on September 20, 2023
Moncler, Pharrell Williams to release capsule collection
The limited-edition line features convertible clothing, detachable logos and a duvet that functions as a cape.
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Apparel Impact Institute hands out initial decarbonization grants
The nonprofit announced the first five recipients of its $250 million Fashion Climate Fund, which was established to help reduce carbon emissions.
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Stitch Fix cost cuts pay off as Q4, full-year losses narrow
But sales declines continue, and the apparel box retailer has decided to shutter its U.K. operation by the end of its first quarter.
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Hanes evaluating options for its Champion business
After signing a recent license agreement with G-III, HanesBrands is now weighing additional strategies for the brand, including a potential sale.
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Retrieved from Crocs on September 19, 2023
Levi’s, Crocs release three-piece footwear collab
The collection features denim, tie-dyed elements and limited edition Jibbitz charms.
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Land’s End interim takes permanent CFO seat
Bernard McCracken is the latest chief accounting officer to be promoted to a public company’s top finance role.
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5 big trend takeaways from New York Fashion Week’s spring-summer 2024 shows
The pendulum swung between cotton candy floof and sharp-edged cuts, with occasional centrist pauses for quiet luxury and feminine undertones.
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Balmain creative director reports theft ahead of Paris Fashion Week
According to Olivier Rousteing, a truck carrying more than 50 pieces of the new collection, set to show next week during Paris Fashion week, had been hijacked.
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Shein adds $85M to its ESG initiatives
The funding will be earmarked to help aspiring designers, women, young people and the underprivileged.
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Nordstrom shuffles leadership, again
Among a flurry of appointments, the retailer announced a new chief merchant, Rack president and president of Nordstrom stores.
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Apparel manufacturers could lose $65B in export earnings due to climate change: report
Findings from Cornell University's Global Labor Institute and Schroders measured the impact that increased flooding and extreme heat could have on global fashion suppliers.
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Ebay introduces luxury consignment
The online marketplace will initially limit the program to a select list of designer handbags and will partner with resale company Linda’s Stuff for the service.
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The FABRIC Act reintroduced in Senate to protect garment workers’ wages
The legislation would hold brands and manufacturers accountable for pay violations, eliminate piece rate pay and create a $50 million per year domestic manufacturing program.
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Heydude to pay $1.95M to settle FTC charges
In addition to failing to cancel orders and provide refunds, the Federal Trade Commission said the brand suppressed negative product reviews.
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$1.7B worth of shipments detained by US since enactment of forced labor law: report
Many of the products targeted during the first year of the Uyghur Forced Labor Prevention Act were apparel, footwear and textiles.
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Sustainable materials companies collaborate on new fiber
Spinnova and Renewcell have launched a partnership to create a waste-based product, which they hope to scale by the end of 2024.
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Birkenstock files for IPO as it eyes global growth
Private equity firm L Catterton will control a majority of voting power on outstanding shares.
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Deep Dive
Style’s silver lining
Fashion’s wealthiest generation is also its oldest, and as its ranks expand, there are opportunities and challenges for an industry that largely ignores them.
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VFC must pay up to $730M in taxes related to Timberland legal dispute
A federal judge sided with the IRS over the timeline of its required payments.