Conde Nast Shutters Portfolio. Why It Failed (Businessweek)
"Conde Nast Portfolio, the very big and glossy bet on a monthly business magazine made by the very big and glossy magazine company touted in its title, was shuttered today."
Ethical fashion design competition launches (Drapers)
"The Ethical Fashion Forum has launched a design competition called Innovation, aimed at young ethical fashion designers or businesses."
Forever 21 Prepares Japan Debut (WWD)
"Forever 21 is about to open its first store in Japan, raising the fast-fashion stakes in the world's second-largest economy." (Subscription required)
Elevator Pitch: Fashion site Stitsh combines retail with street cool (The Guardian)
Domini Fendius' site sends photographers out into the city, who "take pictures of fashionable members of the public, and link their clothing direct to online retailers where you can buy the items at great prices."