Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
legal
Technology
In Web3’s Wild West, Offence or Defence?
This week, Nike escalated its legal battle with StockX over digital IP, but as brand managers gear up for the next phase of the internet, the best defence is likely to be a strong offence.
In Web3’s Wild West, Offence or Defence?
This week, Nike escalated its legal battle with StockX over digital IP, but as brand managers gear up for the next phase of the internet, the best defence is likely to be a strong offence.
Sustainability
Green or Greenwashing: Who Gets to Decide?
European efforts to introduce standardised rules governing how brands back up environmental claims are fuelling a heated debate that stands to create winners and losers.
Green or Greenwashing: Who Gets to Decide?
European efforts to introduce standardised rules governing how brands back up environmental claims are fuelling a heated debate that stands to create winners and losers.
Sustainability
Why Climate Risk Is Moving Up the Agenda for Fashion Investors
New regulations are set to make it easier for investors to factor in companies’ environmental footprint when deciding which businesses to back.
Why Climate Risk Is Moving Up the Agenda for Fashion Investors
New regulations are set to make it easier for investors to factor in companies’ environmental footprint when deciding which businesses to back.
Luxury
Alexander Wang Plans a Comeback
After sexual assault allegations tarnished his brand, the designer is back with a booming business in China, an upcoming show in Los Angeles and a broader strategy.
Alexander Wang Plans a Comeback
After sexual assault allegations tarnished his brand, the designer is back with a booming business in China, an upcoming show in Los Angeles and a broader strategy.
Sustainability
Fashion Brands Face EU Sustainability Crackdown
The 27-member bloc outlined an ambitious policy strategy Wednesday that aims to curb the industry’s environmental impact and address labour abuses.
Fashion Brands Face EU Sustainability Crackdown
The 27-member bloc outlined an ambitious policy strategy Wednesday that aims to curb the industry’s environmental impact and address labour abuses.
Retail
What Russian Sanctions Mean for Fashion
Navigating sanctions on Russia requires ‘constant vigilance and flexibility’ from brands and retailers. Here's what you need to know.
What Russian Sanctions Mean for Fashion
Navigating sanctions on Russia requires ‘constant vigilance and flexibility’ from brands and retailers. Here's what you need to know.
Luxury
Farfetch Faces Tax Scrutiny in Italy
The online luxury giant said Italian authorities were ‘reviewing’ transfer pricing at an unnamed subsidiary. Its Italian holdings include Off-White operator New Guards Group, Palm Angels and Farfetch Italia.
Farfetch Faces Tax Scrutiny in Italy
The online luxury giant said Italian authorities were ‘reviewing’ transfer pricing at an unnamed subsidiary. Its Italian holdings include Off-White operator New Guards Group, Palm Angels and Farfetch Italia.
Technology
Why Hermès Probably Can’t Stop the MetaBirkin
Even if the luxury brand wins its case against the creator of the virtual interpretations of its famed bag, the NFTs can’t be erased, at least not in any conventional sense.
Why Hermès Probably Can’t Stop the MetaBirkin
Even if the luxury brand wins its case against the creator of the virtual interpretations of its famed bag, the NFTs can’t be erased, at least not in any conventional sense.
Sustainability
Op-Ed | New York’s Fashion Act? More Like Fashion Won’t Act.
Proposed legislation targeting the social and environmental impact of brands doing business in the State of New York doesn’t go far enough, argues Beth Esponnette.
Op-Ed | New York’s Fashion Act? More Like Fashion Won’t Act.
Proposed legislation targeting the social and environmental impact of brands doing business in the State of New York doesn’t go far enough, argues Beth Esponnette.
Workplace & Talent
Retail Employees Are Under Attack. Here’s What Brands Can Do
Fashion brands will need to think beyond barebones safety protocols as they scramble to fix a problem that’s only getting worse as the pandemic drags on.
Retail Employees Are Under Attack. Here’s What Brands Can Do
Fashion brands will need to think beyond barebones safety protocols as they scramble to fix a problem that’s only getting worse as the pandemic drags on.
China
Brands Struggle to Navigate China’s New Data Privacy Law
The Personal Information Protection Law restricts companies’ ability to use data to market to consumers, leading to increased costs and operational complexity for foreign brands.
Brands Struggle to Navigate China’s New Data Privacy Law
The Personal Information Protection Law restricts companies’ ability to use data to market to consumers, leading to increased costs and operational complexity for foreign brands.
Sustainability
Op-Ed | Why I Support New York’s Fashion Act
Voluntary corporate action to address fashion’s social and environmental impact is not working, argues Ken Pucker.
Op-Ed | Why I Support New York’s Fashion Act
Voluntary corporate action to address fashion’s social and environmental impact is not working, argues Ken Pucker.
The News in Brief
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
Ulta Beauty Forecasts Annual Profit Below Estimates
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
Exclusive: Brita Invests in Shower Filter Firm Hello Klean
The German water filtration firm has acquired a minority stake in Hello Klean, which sells shower heads it claims mitigate the effects of hard water.
AII Launches Industry-First Tool Standardising Measurement of Carbon Emissions
The new tool published by the climate-focused nonprofit aims to create a standardised benchmark across textile facilities to accelerate fashion’s efforts to decarbonise.
Marco De Vincenzo Exits Etro
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.