In a remarkable acknowledgment of his contributions to American culture and the fashion industry, Ralph Lauren has been awarded the US Presidential Medal of Freedom. This prestigious accolade will be presented to the renowned designer by outgoing President Joe Biden at the White House, recognizing Lauren as the first fashion designer to receive this honor […]
TikTok’s Live Video Feature ‘Groomed’ Minors, Utah AG Claims
In a shocking revelation, Utah Attorney General Sean Reyes’s recent lawsuit against TikTok has unveiled serious allegations surrounding the app’s livestream feature, TikTok Live. As the lawsuit was unsealed, it became clear that TikTok has been aware that its platform inadvertently promotes sexual exploitation and grooming of minors. This disturbing development raises broader questions about […]
Laura Ashley Bought by US Owner of Ben Sherman
The British brand Laura Ashley, renowned for its vintage floral designs and home furnishings, has found a new home under the ownership of New York-based Marquee Brands. This acquisition marks a significant step for both entities, as Marquee Brands seeks to enhance its portfolio with the iconic lifestyle brand known for its rich history and […]
It’s Time for Fashion to Get Real About its Climate Risks
In recent years, the fashion industry has faced mounting pressure to confront its environmental impact, particularly in the context of climate change. With the global temperature rising, brands can no longer afford to view climate risks as a distant threat or a mere marketing opportunity. The consequences of inaction are becoming increasingly evident, impacting not […]
Fire Devastates Ghana’s Kantamanto Used Clothing Market
A massive fire that broke out late Wednesday at Ghana’s Kantamanto used clothing market has wreaked havoc, destroying over 100 shops and inflicting significant economic loss. Located in the bustling capital city of Accra, this market serves as a crucial hub for the local economy and the global trade in secondhand clothing, primarily sourced from […]
UK Lawmakers Summon Shein and Temu for Questioning Over Labour Practices
In a significant move for corporate accountability, UK lawmakers have summoned fast-fashion giants Shein and Temu for a hearing focused on their labor practices. Scheduled for January 7, this inquiry, conducted by a parliamentary committee, seeks to scrutinize the treatment of workers within these companies’ supply chains. The hearing comes at a critical time, as […]
Trouble in China’s Shopping Paradise as Hainan Duty-Free Spending Falls 29%
In a surprising turn of events, duty-free spending in Hainan, China, has witnessed a significant decline, dropping by 29.3% in 2024 compared to the previous year. This sharp downturn raises concerns for luxury retailers and sheds light on the evolving dynamics of consumer behavior in the region. According to local customs data, shoppers spent 30.94 […]
The Competitive Landscape of the Beauty Industry: Trends and Innovations for 2024
The beauty industry continues to thrive, unveiling a multitude of new brands and products in 2024. This year witnessed a substantial number of luxury fashion brands plunging into the beauty market, largely due to their expectation of growth in this category. With names like Celine launching its makeup line and Balmain hinting at a cosmetics […]
Tackling Fashion’s Excess Inventory Problem
The fashion industry is no stranger to inventory challenges, which often stem from a combination of rapid trends, climate unpredictability, and operational inefficiencies. According to the BoF-McKinsey State of Fashion 2025 report, brands are now recognizing the necessity of adopting advanced strategies to tackle both excess stock and stock-outs, two pervasive issues that compromise profitability. […]
Why the ‘Walmart Birkin’ Struck a Nerve
The emergence of the so-called ‘Walmart Birkin,’ or ‘Wirkin,’ has captured significant attention in the fashion world, illuminating a notable shift in consumer attitudes toward luxury goods. This movement, reflected in viral TikTok videos showcasing a bag that closely resembles the iconic Hermès Birkin but costs a mere $78, raises critical questions about luxury branding, […]