A Death Blow for Dupe Culture? The recent decision made by the president to close the de minimis tax loophole has sent shockwaves through the fashion industry, particularly impacting fast fashion giants like Shein and Temu. This ruling marks a significant shift that could potentially put an end to the era of dupe culture, where […]
Forever 21 Considers Bankruptcy Filing If Asset-Sale Plans Fail
Forever 21 Considers Bankruptcy Filing If Asset-Sale Plans Fail The retail industry is a volatile business sector, constantly facing challenges and changes in consumer preferences. Forever 21, a prominent player in the fast fashion retail market, is currently navigating rough waters. With the company considering a bankruptcy filing if its asset-sale plans fail, it’s a […]
US considers adding Shein and Temu to forced labour list
US Considers Adding Shein and Temu to Forced Labor List Chinese retailers Shein and Temu are facing heat as the United States contemplates the possibility of placing them on a forced labor list. This move comes after allegations of human rights violations in their supply chains have surfaced, prompting concerns from various human rights organizations […]
Quiksilver, Billabong Retailer Liberated Brands Files Bankruptcy
Quiksilver, Billabong Retailer Liberated Brands Files Bankruptcy Liberated Brands, the parent company of popular surfwear brands Quiksilver and Billabong, has recently made headlines by filing for bankruptcy. The retailer cited shifting consumer preferences towards fast fashion and rising costs as the primary reasons behind its financial struggles. This move marks a significant shift in the […]
Shein Makes Low-Key Return to India With Ambani After 2020 Ban
Shein Makes Low-Key Return to India With Ambani After 2020 Ban The global retailer Shein has stealthily made its way back into the Indian market, marking a significant comeback after facing a ban in 2020. This time around, the popular fashion brand has re-entered India through a strategic partnership with Reliance Industries, headed by the […]
The Future of ‘Made in Italy’: ‘Many Factories Will Disappear’
The Future of ‘Made in Italy’: ‘Many Factories Will Disappear’ Italy has long been synonymous with luxury and quality in the world of fashion and design. The label “Made in Italy” carries prestige and tradition, representing craftsmanship and excellence. However, recent trends indicate a challenging road ahead for the country’s manufacturing sector. In the first […]
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market Associated British Foods Plc, the owner of the popular fast-fashion retailer Primark, recently made headlines by lowering its sales growth forecast. The company cited weak UK consumer sentiment as a primary factor contributing to this adjustment, alongside a significant 6.4 percent drop in like-for-like sales during […]
Fire-Stricken LA Is Swamped With Clothing Donations — Not All of Them Wanted
Fire-Stricken LA Is Swamped With Clothing Donations — Not All of Them Wanted In the wake of the devastating fires that have ravaged Los Angeles, the outpouring of support from communities near and far has been nothing short of remarkable. However, amidst the generosity and goodwill lies a pressing issue that deserves attention: the surplus […]
It’s Time for Fashion to Get Real About Its Climate Risks
Fashion Industry Must Confront Climate Risks to Ensure Long-Term Sustainability The fashion industry has long been synonymous with glamour, creativity, and innovation. However, behind the scenes, there is a growing concern that the industry’s practices are not sustainable in the face of the escalating climate crisis. While many brands have used sustainability as a marketing […]
Senior UK Lawmaker Flags Concerns About Shein to LSE and Regulator
Senior UK Lawmaker Flags Concerns About Shein to LSE and Regulator The fashion industry has long been scrutinized for its opaque supply chains and questionable labor practices. Recently, Shein, the Chinese fast-fashion giant, has come under fire for its lack of transparency regarding its supply chain. The concerns were brought to light by senior UK […]