Op-Ed | The Rise of the Unwasteful Brand In the fast-paced world of fashion, the concept of sustainability is no longer just a trend; it’s a necessity. With consumers becoming more conscious of the environmental impact of their purchasing decisions, brands are under increasing pressure to adapt their practices. One visionary, Lawrence Lenihan, believes that […]
Report: Shein Gains UK Approval for London IPO, Awaits China Nod
Report: Shein Gains UK Approval for London IPO, Awaits China Nod Shein, the Chinese e-commerce giant known for its trendy and affordable fashion offerings, has made a significant stride towards its goal of going public in London. The Financial Conduct Authority (FCA) has granted approval for Shein’s initial public offering (IPO) in the UK, paving […]
Prada Group to Acquire Versace for €1.25 Billion
Prada Group’s Strategic Move: Acquiring Versace for €1.25 Billion In the fast-paced world of high fashion, strategic acquisitions often make headlines, and the recent announcement of Prada Group acquiring Versace for €1.25 billion is no exception. This bold move by Prada signals a significant shift in the fashion landscape, with the renowned Italian fashion house […]
Can Off-White Mogul Davide De Giglio Pull Off Another Big Exit?
Can Off-White Mogul Davide De Giglio Pull Off Another Big Exit? Davide De Giglio, the mastermind behind Off-White and a prominent figure in the fashion industry, is once again making headlines with his latest venture. Reports have surfaced indicating that the brand Rhode, backed by De Giglio and fronted by Hailey Bieber, is considering a […]
Inside Algeria’s Enigmatic Fashion Market
Inside Algeria’s Enigmatic Fashion Market Algeria, a country rich in history and culture, is now making waves in the fashion industry. With brands like Zara and Mango opening boutiques in its bustling cities, Algeria is quickly becoming a key player in the ever-evolving world of fashion. Despite being one of the largest fashion markets in […]
Worldview | Africa’s Garment Factories Raise Alarm Over US Tariffs
Worldview | Africa’s Garment Factories Raise Alarm Over US Tariffs The fashion industry is a delicate ecosystem, with global markets intricately intertwined, each thread pulling on another. As this week’s news unfolds, Africa’s garment factories find themselves at the center of a storm caused by the recent tariffs imposed by the United States. While manufacturers […]
Op-Ed | Fashion’s Reset: What Tariffs Are Forcing Us to Finally Fix
Fashion’s Reset: What Tariffs Are Forcing Us to Finally Fix The fashion industry has long been plagued by issues such as collapsing margins and surging inventory costs. These challenges have not only created a crisis within the industry but have also shed light on the urgent need to rebuild our broken fashion system. In a […]
Levi Strauss Beats Quarterly Sales Estimates on Steady Denim Demand
Levi Strauss Beats Quarterly Sales Estimates on Steady Denim Demand The iconic denim brand, Levi Strauss, has once again showcased its resilience in the face of economic uncertainties by surpassing quarterly sales estimates. Despite the challenges posed by the ever-changing market dynamics, Levi Strauss managed to post a remarkable 3 percent rise in reported quarterly […]
Apparel Manufacturing Countries Seek to Negotiate With Trump on Tariffs
Apparel Manufacturing Countries Seek to Negotiate With Trump on Tariffs The global apparel industry is facing a significant challenge as the United States under President Trump’s administration has imposed tariffs on a wide range of goods, including fashion and footwear. This move has sparked concerns and uncertainties among Asian manufacturing hubs such as Vietnam, Indonesia, […]
Report: Prada to Decide on Versace Deal This Week
Report: Prada to Decide on Versace Deal This Week Luxury fashion giants Prada and Versace are making headlines this week as reports suggest a potential takeover deal in the works. Speculations are rife that Prada is gearing up to acquire Versace in a deal that could be announced as early as Thursday. The deal, which […]