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CFDA to unveil commemorative NFT collection and metaverse exhibition

The Council of Fashion Designers of America (CFDA) has unveiled a commemorative non-fungible token (NFT) collection which will launch days before the debut of a metaverse fashion exhibition. Entitled ‘Lighting the Path of American Fashion’, the NFT collection will feature seven one-of-a-kind assets that will be available through auction on a...

2 Dec 2022

Fashion

This fashion week in pictures

Warsaw (Poland) - Climate activists protested against Black Friday sales and fast fashion in many major cities this week. In Warsaw protesters glued their hands to the shopping window inside an H&M store in the city center. In Amsterdam Extinction Rebellion organized a second hand clothes giveaway on Dam square and a demonstration in the...

2 Dec 2022

People

Patagonia founder to receive Outstanding Achievement Award at 2022 Fashion Awards

Patagonia’s founder and former owner Yvon Chouinard has been announced as an honouree for the 2022 Fashion Awards, where he will receive the Outstanding Achievement Award. During the event, set to be held December 5, Chouinard will be recognised for his creative contributions to the fashion industry. He joins a string of prominent industry...

2 Dec 2022

Fashion Featured

Fashion's growth is surpassing sustainability efforts, says report

Growth in the fashion industry is hampering sustainability targets as environmental impact from brands, retailers and manufacturers remains high. Current reductions in carbon footprints, water usage and embracing circular businesses is far slower than the rate of growth. The UK Government has announced policies and proposals to decarbonise all...

2 Dec 2022

Business

Frasers Group acquires luxury homeware retailer Amara Living

Mike Ashley’s Frasers Group has continued its acquisition conquest, snapping up luxury homeware retailer Amara Living in a takeover deal for an undisclosed sum. The retail conglomerate’s CEO Michael Murray announced the news in a LinkedIn post, where he stated: “This acquisition will build on our ambitions to create a credible homeware...

2 Dec 2022

BusinessFeatured

Lands' End cuts full-year outlook after swinging to Q3 loss

US fashion and home decor retailer Lands' End has cut its guidance for the current year after falling into the red in the third quarter. The company swung to a net loss of 4.7 million dollars in the three months to October 28 from a profit of 7.4 million dollars the prior year. Gross margin decreased approximately 440 basis points to 40 percent...

2 Dec 2022

Fashion

Casetify teams up with Barbie on tech collection

Phone case and tech accessories brand Casetify has unveiled its first-ever collaboration with Mattel Inc’s Barbie brand. The limited-edition collection, launching on December 15, will feature a range of customisable tech accessories inspired by Barbie, available on Casetify’s signature range of Impact, Ultra Impact, Mirror, Bounce, Clear, and...

2 Dec 2022

Business

Asos interim chief financial officer to step down

Asos has announced that its interim chief financial officer Katy Mecklenburgh will be stepping down from the position following a six month notice period. The news comes just one month after Mecklenburgh was appointed to the interim role after Asos’ former CFO Mat Dun exited the company in October 31, 2022. On departing the retailer in May 2023,...

2 Dec 2022

Business

John Lewis reveals 500 million pound scheme to build 1,000 rental homes

Department store chain John Lewis has unveiled a 500 million pound multi-decade joint venture with investment company Abrdn which will see the duo aim to build 1,000 new rental homes across three communities. The deal will help John Lewis to reach 10 percent of its ambition to build 10,000 new homes over the next decade, the retailer said in a...

2 Dec 2022

Business

L’Oréal appoints first chief transformation officer for North American business

L’Oréal USA has announced the appointment of Rahquel Purcell as the group’s first chief transformation officer for its North American business. In the freshly created position, Purcell will lead the beauty giant’s new North America Transformation Office, which has set an “ambitious” transformation agenda to adapt and evolve the group’s operating...

2 Dec 2022

Fashion

Dior to unveil capsule collection with Denim Tears founder and Supreme creative director Tremaine Emory

Dior menswear on Friday will unveil a collaboration with Denim Tears founder and Supreme creative director Tremaine Emory. Dior’s artistic director Kim Jones has a penchant for merging street style and luxury, having previously collaborated with surf label Stussy, 017 ALYX 9SM and cult jeweller Ambush. In a statement the brand said the...

2 Dec 2022

Fashion

First Look: Chloé collaborates with Barbour

French label Chloé has unveiled a collaboration for spring 2023 with British heritage brand Barbour, marking the first luxury Maison to team up with the British heritage brand. The Chloé x Barbour capsule includes four garments including jackets, capes, and coats, as well as accessories, such as footwear, bags and a bucket hat, featuring Barbour...

2 Dec 2022