Allbirds’ Sales Dip Continues in 2024, Losses Narrow
Allbirds’ revenue dropped 28 percent year over year to $39 million in the first quarter of the year as demand for its sneakers remains weak, the company reported on Wednesday.
Eva Kruse
Shanghai Fashion Week: A Barometer for the World’s Largest Fashion Market
China’s fashion capital will be the first to completely return to live, physical shows but insiders concede it’s not quite ‘business as usual.’
Global Fashion Agenda Calls on Industry to Rebuild Sustainably
The industry advocacy group has laid out six key focus areas for senior executives, calling on the industry to 'future proof' its business model by placing sustainability at its core.
Investing in the Sustainability Sisterhood
Female impact investors are putting their money where their mouth is, backing sustainable fashion companies and hoping their bets pay off in more ways than one. But how savvy are values-based investments in the post-pandemic reality?
Is Your Fashion Brand Ethical?
More and more brands are claiming that the clothes they sell have a positive social impact. Here are four essential steps toward making that statement true.
Fashion's Growth-Focused Business Model Is Not Sustainable. What's the Solution?
The industry has yet to solve the trade-off that selling more clothes, bags and shoes fundamentally requires more resources.
Sustainability
What Fashion Can Learn from a Decade of Disasters
As the fashion industry heads into a new decade, it is facing more pressure than ever before to clean up its act when it comes to climate change and human rights. Whether or not it does could determine which brands survive the next 10 years.
What Fashion Can Learn from a Decade of Disasters
As the fashion industry heads into a new decade, it is facing more pressure than ever before to clean up its act when it comes to climate change and human rights. Whether or not it does could determine which brands survive the next 10 years.
5 Takeaways From Fashion’s Sustainability Summit
The industry’s annual gathering in Copenhagen had an ominous conclusion: time is running out, and there’s a lot still to be done.
Making the Business Case for Sustainability
Reputational and financial risks related to the industry’s exposure to climate change are creeping up executives’ agendas, coming into focus at the launch of the Global Fashion Agenda’s new sustainability priorities at Davos.
Levi’s Bets on Lasers
The world's oldest denim brand is rolling out a new technology that could have longterm implications for the business.
Fashion's 7 Priorities To Achieve Sustainability
In the lead up to this year's Copenhagen Fashion Summit, Eva Kruse’s sustainability forum Global Fashion Agenda highlights seven sustainability measures every fashion CEO needs to prioritise this year.
Sustainability
What Trump’s Climate Reversal Means for the Fashion Industry
While largely symbolic, the US president’s decision to withdraw from the Paris climate agreement still has dangerous global implications. But many industry leaders remain committed to their individual carbon emission reduction goals.
What Trump’s Climate Reversal Means for the Fashion Industry
While largely symbolic, the US president’s decision to withdraw from the Paris climate agreement still has dangerous global implications. But many industry leaders remain committed to their individual carbon emission reduction goals.
5 Sustainability Threats Facing Fashion
Precious few fashion businesses are future-proofed for the threat of environmental change.
Company Snapshot
The ex-editor led the Copenhagen Fashion Summit, the world’s most important forum on sustainable fashion, and is an executive of Pangaia.
The News in Brief
Shopify Falls on Surprise Loss, Hit From Logistics Unit Sale
After rallying more than 120 percent last year, Shopify shares have struggled this year after the company had projected higher operating costs than expected for this quarter.
Boohoo Dives Into Debt as Losses Soar to £160 Million and Sales Slump
The online fashion specialist said it had built up net debts of £95m in the year to the end of February – down from almost £6m of net cash a year before – after losses widened 76 percent to £160 million.
Levi Strauss Ends Lawsuit Against Italy’s Brunello Cucinelli Over Trademarked Tab
Levi notified a federal judge in Oakland, California on Tuesday that it was dismissing the case with prejudice, meaning it cannot be brought again. Settlement talks began shortly after Levi sued in January.
Puma Returns to Sales Growth in Americas Despite ‘Volatile’ Market
Demand for retro shoe styles such as 'terrace' has helped boost sales of sportswear brands like Puma and its rival Adidas at a time when the sector has been hit by weaker consumer demand and excess stocks.
Tylenol Maker Kenvue Beats Quarterly Profit Estimates, to Cut 4% Jobs
Kenvue beat Wall Street estimates for first-quarter profit on Tuesday, and said it would cut 4% of its global workforce amid the Tylenol and Band-Aid maker’s efforts to expand its key brands.
Richemont Acquires Italian Jeweller Vhernier
Vhernier is small but Richemont has a history of turning small brands into success stories
TikTok Sues US Government to Block Divest-or-Ban Law
The company has argued that the law will stifle free speech and hurt creators and small business owners who benefit economically from the platform.