Technology: Page 4
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VF Corp. reports stolen data from cybersecurity incident
The attack last week has impacted the apparel conglomerate’s ability to fulfill orders.
By Laurel Deppen • Dec. 18, 2023 -
Farfetch to be acquired by Coupang in a $500M deal
As a result, Farfetch will be delisted from the NYSE, and its agreement to buy YOOX Net-a-Porter from Richemont has been terminated.
By Lara Ewen • Dec. 18, 2023 -
Trendline
Technology trends shaping fashion
Technology is continuing to provide new ways to address challenges in circularity, supply chain and apparel afterlife issues.
By Fashion Dive staff -
Shein, Temu drive 5% air freight spike in November
Shipments from the fast fashion companies are frequently dominating export routes from China and Hong Kong, according to Xeneta’s chief airfreight officer.
By Kelly Stroh • Dec. 18, 2023 -
Farfetch gets Moody’s downgrade
The financial firm gave the luxury e-commerce platform a rating of “poor standing” and “subject to very high credit risk” following the company’s cancellation of its Q3 earnings call.
By Laurel Deppen • Dec. 13, 2023 -
Puma expands its textile-to-textile polyester recycling program
The company said its Re:Fibre technology would be used to create most of its club and federation replica jerseys in 2024.
By Howard Ruben • Dec. 11, 2023 -
Amazon cuts referral fees for some apparel sellers
The retailer said the changes are meant to improve the speed of delivery and reduce total costs to serve.
By Nate Delesline III • Dec. 8, 2023 -
TrusTrace partners with UK apparel retailer on supply chain software
New Look will use TrusTrace’s tech to help reach some of the company’s sustainability goals, which include reaching net-zero by 2040.
By Laurel Deppen • Nov. 28, 2023 -
Adore Me launches sustainability accelerator
The Victoria's Secret-owned lingerie brand is working with four startups on technology to lessen the impact of manufacturing processes.
By Dani James • Nov. 22, 2023 -
Temu granted injunction against alleged ‘dupe’ websites
The order prevents the websites from using the fast fashion giant’s name and color scheme.
By Laurel Deppen • Nov. 22, 2023 -
Running, heritage shoes are the fastest-growing on sneaker resale market: report
StockX says Adidas, New Balance and Nike saw increased searches and trades last quarter.
By Laurel Deppen • Nov. 20, 2023 -
Christian Louboutin, Meta launch legal complaint against alleged counterfeiter
The companies claim Louboutin’s trademarks were violated, including its red sole mark, which has been the subject of previous legal disputes.
By Laurel Deppen • Nov. 17, 2023 -
REI opens Tennessee distribution center to support 60-plus stores
The 400,000-square-foot center in Lebanon is equipped with technology to improve picking efficiency, a spokesperson said.
By Kelly Stroh • Oct. 16, 2023 -
Bolt Threads plans to go public via SPAC
The announcement comes after the company struggled to raise funds for the production of its mushroom leather alternative.
By Laurel Deppen • Oct. 5, 2023 -
Deep Dive
5 ways fashion brands can reset their supply chain strategies
Port disruptions, labor negotiations and other shipping industry upheavals have forced apparel companies to develop new solutions to enduring challenges.
By Howard Ruben • Oct. 4, 2023 -
Worldly names Francois Thrower as CFO
The hire follows the platform’s recent name change and the acquisition of Fair Factories Clearinghouse.
By Laurel Deppen • Sept. 29, 2023 -
Rebag introduces consignment option for its luxury resale
The online peer-to-peer platform will offer customers upfront quotes, fixed commissions and pre-approved, automatic deposit payments.
By Lara Ewen • Sept. 25, 2023 -
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.
By Lara Ewen • Sept. 21, 2023 -
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.
By Howard Ruben • Sept. 14, 2023 -
Adore Me teams up with French sustainability startup on capsule
The collection will be released next year in partnership with Ever Dye, a dye tech startup that aims to reduce carbon emissions.
By Laurel Deppen • Aug. 31, 2023 -
True Fit partners with Shopify to add AI fit recommendations to e-commerce
True Fit expects the partnership to be long term as it makes the tech more widely accessible to thousands of partner brands.
By Laurel Deppen • Aug. 14, 2023 -
Amazon to reduce its private label offering
The company plans to ultimately cut its in-house product offerings to less than 20 brands, reports say.
By Nate Delesline III • Aug. 11, 2023 -
MycoWorks releases details on new commercial-scale plant
The mushroom biofiber firm’s 136,000-square-foot facility, set to begin operating in September, could supply millions of square feet of its Reishi leather alternative.
By Lara Ewen • Aug. 7, 2023 -
Walmart aims for affordable, sustainable clothing with carbon capture tech pilot
A test with Rubi Laboratories seeks to integrate carbon capture technology across the retail giant’s supply chain and produce affordable apparel from the emissions.
By Tatiana Walk-Morris • July 31, 2023 -
Estée Lauder takes down some systems following cyberattack
ALPHV, the ransomware threat actor taking credit for the attack, threatened to reveal more information about the data it claims to have stolen from the New York City-based cosmetics conglomerate.
By Matt Kapko • July 20, 2023 -
Mycelium materials company launches three new products
Mushroom biofiber firm Mycoworks has plans for commercial-scale production of its leather-like fiber and a new factory in South Carolina.
By Laurel Deppen • July 20, 2023