The Latest

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  Mycelium technology company Ecovative raises over $30M

  The company plans to increase production of its Forager line of hides and flexible foams ahead of new brand partner footwear and apparel launches.

  Updated June 8, 2023

  Technology

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  New project uses AI and remote monitoring to identify organic cotton farms

  The partnership between multiple organizations is designed to allow more small farms to participate in the certified organic textile market.

  Sourcing

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  Deep Dive

  From screen to store: metaverse goes mainstream

  Digital fashion makes the leap into the real world as avatars and their creators share silhouettes and styles.

  Technology

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  Victoria’s Secret expands Amazon assortment to include apparel, lingerie

  The retailer opened its Amazon storefront last year with 120 beauty products in an effort to stoke sales within the category.

  Technology

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  G-III lands licensing deal for Halston

  G-III will have the option to buy the brand at the end of the 25-year agreement.

  Brands

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  Sorel brand president resigns to focus on health

  Columbia Sportswear Company announced that Mark Nenow stepped down from the footwear brand after about eight years in the position.

  Brands

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  OTB taps new CEOs for Diesel North America, Margiela

  The Italian fashion corporation, which owns several fashion brands, has experienced a wave of hires and departures so far in 2023.

  Brands

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  Authentic Brands Group acquires Hunter Boots intellectual property

  The company said the deal was part of a new push to diversify its portfolio outside of the U.S.

  Brands

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  Patagonia and Gap settle pullover fleece design lawsuit

  Patagonia had accused Gap of deliberately copying its apparel designs and logos, saying they confused customers.

  Brands

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  EU approves draft of law which would require companies to report social and environmental abuses

  Parliament also approved recommendations for another measure to “end fast fashion” by calling for easier-to-recycle textiles.

  Sustainability

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  Burna Boy and Gaultier collaborate on sunglasses

  The limited-edition collection pulls from archival 1990s pieces and also includes two newly-designed styles.

  Brands

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  Dr. Martens reaches revenue milestone while sales in the Americas disappoint

  The footwear company attributed its struggle in the region to a poor transition of distribution centers and its marketing campaigns.

  Brands

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  EBay expands Authenticity Guarantee to streetwear

  Items from nine brands including Supreme and Off-White are eligible, with more to be added at the end of September, including Adidas, Nike and Gucci.

  Technology

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  Adidas abandons request to freeze $75M held by Yeezy

  Though Adidas and Ye have split ways, the company claims Ye still holds money associated with it.

  Brands

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  Stefano Gallici named creative director of Ann Demeulemeester

  Stefano Gallici takes on the top role after the previous creative director, Ludovic de Saint Sernin, left the label late last month.

  Brands

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  Consumer luxury spending shifts: report

  The latest Saks Luxury Pulse survey reveals consumers want updated wardrobes and luxury goods despite their economic concerns.

  Consumer Behavior

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  Patagonia sues Nordstrom, claiming counterfeit sales at Rack

  The brand recently stopped selling via the department store and its off-price stores and discovered the alleged fakes this year, per court documents.

  Brands

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  Converse taps North America VP as new CEO

  Nearly a dozen people have changed roles in the retailer’s executive ranks in recent months.

  Brands

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  Simone Bellotti named design director of Bally

  He moves into the top design role in the wake of Rhuigi Villaseñor’s sudden departure earlier this month.

  Brands

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  Fashion brands see little progress on circularity since last year: report

  Patagonia, Levi’s and North Face outpace other brands studied in efforts to improve its environmental impact, data showed.

  Sustainability

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  Fendi launches men’s basketball-inspired collection

  The limited-edition Fendi Active: Basketball Capsule comes with a $10,000 basketball hoop and a pop-up court at Saks Fifth Avenue in New York.

  Brands

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  Perry Ellis partners with Recover for recycled denim collection

  The collaboration includes 10 pieces of men’s denim pants made with recycled cotton fiber.

  Sustainability

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  Journeys to close 100 stores this year, move away from malls

  The number is up from a previous estimate of 60 locations and will save up to $40 million, according to parent company Genesco.

  Corporate/Finance

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  Telfar amends trademark application following clash with beauty company

  Last year, British cosmetics brand Charlotte Tilbury opposed Telfar’s trademark, claiming it was too similar to its own.

  Brands

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  Lacoste collabs with Sporty & Rich for new vintage-inspired collection

  The partnership between the two preppy brands features a 22-piece line of apparel and accessories.

  Brands

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