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.

The plan is to make most of the clothes in China to ensure they cater to local tastes and can get to stores quickly - a strategy similar to the one successfully pursued in Europe by Zara-owner Inditex.

The plan is to make most of the clothes in China to ensure they cater to local tastes and can get to stores quickly - a strategy similar to the one successfully pursued in Europe by Zara-owner Inditex.

Catering to the fashion hipster — whose purchases are driven by irony, camp and insider humour — risks making promising brands the flavour of the day, argues Eugene Rabkin.

Catering to the fashion hipster — whose purchases are driven by irony, camp and insider humour — risks making promising brands the flavour of the day, argues Eugene Rabkin.

As concert ‘merch’ becomes a more important part of their business models, pop stars like Justin Bieber, Kanye West and Rihanna are upping their game.

As concert ‘merch’ becomes a more important part of their business models, pop stars like Justin Bieber, Kanye West and Rihanna are upping their game.

Leg-hugging denim remains the most popular style, and it's not going anywhere soon.

Leg-hugging denim remains the most popular style, and it's not going anywhere soon.

Slowly, sporty garments crept onto men's and women's ready-to-wear runway shows, a trend powerful enough to go upstream rather than trickle down.

Slowly, sporty garments crept onto men's and women's ready-to-wear runway shows, a trend powerful enough to go upstream rather than trickle down.

Collapsing demand in China, the strong dollar and the Paris terror attacks made 2015 a year to forget for the likes of Prada, Burberry and Cartier owner Richemont.

Collapsing demand in China, the strong dollar and the Paris terror attacks made 2015 a year to forget for the likes of Prada, Burberry and Cartier owner Richemont.

Underwear is a $110 billion market. Which companies are most successfully getting into our bras and briefs?

Underwear is a $110 billion market. Which companies are most successfully getting into our bras and briefs?

Feeding off the rise of workout gear that can be worn in or out of the gym, activewear labels have become status symbols, much like any other pricey designer clothes.

Feeding off the rise of workout gear that can be worn in or out of the gym, activewear labels have become status symbols, much like any other pricey designer clothes.

In the Internet era, designers can be the architects of the conversation with the customer, putting them in control and freeing them from fashion’s closed loop of sameness, argues Lawrence Lenihan.

In the Internet era, designers can be the architects of the conversation with the customer, putting them in control and freeing them from fashion’s closed loop of sameness, argues Lawrence Lenihan.


Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Bits & Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
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.
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.
Shares declined in after-hours trading as the beauty retailer expressed a cautious outlook for 2026.
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.
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.
The creative director’s departure after four years was a decision of ‘mutual agreement’ according to the Italian label.