The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
How the Fashion Industry Destroys Unsold Stock (South China Morning Post)
"Richemont first bought back excess stock in 2006 to avoid the watches being traded on the grey market in Hong Kong and China. The grey market is a concern for luxury brands in China, where daigou (informal personal shoppers) return home with high-end goods bought overseas and sell them for a profit."
Even with the Rise of Streetwear, Women of Colour Fight to Be Heard and Hired in Fashion (Quartzy)
"The streetwear industry has a reputation for being a boys' club. And when women are represented, they can be overly sexualised, rather than shown as peers who are part of the same culture. While change may be coming, it's slow. In the meantime, brands are missing out on sales, even from existing fans."
The Designers Striving for Radical Inclusivity (The New York Times)
"Over the past few years, we've seen the emergence of a band of designers expressly looking to explore the hinterland that lies beyond the boundaries of both hetero- and homonormative conventions. They are aligned in their attempt to make clothes that don't simply suggest androgyny but that announce a radically inclusive ideology."
How the Rise of Outdoor Influencers Is Affecting the Environment (Racked)
"With the growth of their platforms in recent years, many have been pulled into the growing debate about responsible social media usage in nature. The discretion is frequently cited in the issue of geotagging on Instagram. There's the very real fear that posting photos invites an influx of visitors these places lack the resources to handle."
Why Racism Is so Entrenched in the Fashion Industry (Fast Company)
"Within the Council of Fashion Designers of America, one of the industry's most prominent trade organisations, only 3 percent of members are black. Less than 10 percent of the designers at the last New York Fashion Week were black. And only 15 percent of the models that walked the runway were black."
The sector’s planet-warming emissions inched lower in 2022 thanks to revised data, but they’re still on track to grow by more than 40 percent by 2030, according to a new report.
Textile-to-textile recycling technologies could be a climate game changer for fashion’s environmental footprint. But like renewable energy, they need state support for market efforts to scale, argues Nicole Rycroft.
More than a year after the ultra-fast-fashion company said it would tackle issues of unlawful overtime, 75-hour weeks remain common in its supply chain, Swiss watchdog Public Eye found.
A study published this week found traces of cotton from Xinjiang in nearly a fifth of the products it examined, highlighting the challenges brands face in policing their supply chains even as requirements to do so spread to raw materials from diamonds to leather and palm oil.