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Shein overtakes Zara as most popular fashion brand of 2022

Fast fashion e-tailer Shein has topped a new ranking by money.co.uk as the most popular fashion brand in almost every country in the world. As a new entry to the list, the controversial contender overtook Zara for the top spot, according to data collected by the financial advisory firm over the course of the last 12 months. The research revealed...

Dec 2, 2022

Retail

Macy’s adds Claire’s installations and digital bra fitting technology to stores

Department store chain Macy’s has unveiled some new features that have been introduced to a number of its stores, including a new partnership with accessory brand Claire’s. The deal has seen Claire’s store-in-stores added to over 20 nationwide Macy’s locations, including eight of the group’s flagships. A selection of the brand’s hair...

Dec 2, 2022

Fashion

First edition of the Pierre Cardin Young Designers Contest announces US winner

Fashion design student HyeRin Lee from the Fashion Institute of Design and Merchandising (FIDM) in California has been named the winner of the US edition of the annual Pierre Cardin Young Designers Contest 2022. The young fashion designer who was born and raised in Seoul, South Korea, wins a fully paid three-month apprenticeship which includes...

Dec 2, 2022

Business

H&M emphasises textile recycling in new ‘Metaverse Design Story’

Fast fashion retailer H&M has presented its latest collection as part of its Innovation Stories initiative, a project through which it said it is aiming to push the fashion industry towards more sustainable methods of consumption. Initially unveiled during an event in Madrid, Spain, the ‘Metaverse Design Story’ exists in a ‘phygital’ format,...

Dec 2, 2022

BusinessFeatured

Designer Brands lowers profit outlook

US fashion retailer Designer Brands has cut its full-year profit outlook as it saw a slight uptick in sales in the third quarter of the year. Net sales in the three months to October 29 rose 1.4 percent to 865 million dollars. On a comparable basis, sales were up 3 percent. Net income in the third quarter fell to 45.2 million dollars from 80.2...

Dec 2, 2022

Business |Interview Featured

Vestiaire Collective co-founder Sophie Hersan: Gen Z enters luxury consumerism with secondhand

The second hand market is booming and, especially with the current price increases, offers a cheaper and more cycle-oriented alternative for consumers. But it can also offer more than that, says Sophie Hersan, the co-founder of resale platform Vestiaire Collective. In the age of the internet, filled with fashion drops and the hype of...

Dec 2, 2022

Business

LVMH opens applications for 10th edition of LVMH Prize

Luxury conglomerate LVMH has announced the applications of its 10th LVMH Prize are now open. Until January 29, 2023, international designers under 40 will be able to apply to be considered for the prestigious prize, with the requirements stating that they must have created at least two womenswear, menswear or genderless collections. The winner...

Dec 2, 2022

Business

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...

Dec 2, 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...

Dec 2, 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...

Dec 2, 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...

Dec 2, 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...

Dec 2, 2022