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Saks Global survey shows luxury consumers feeling less optimistic

Luxury consumers in the US are feeling notably less optimistic about the economy, according to the latest Saks Global Luxury Pulse survey, and the intent to spend on luxury “has soften”. The quarterly survey, which analyses luxury consumers’ attitudes towards spending and the economy, found that luxury consumer optimism about the economy...

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Dôen secures Series A funding led by Silas Capital

California-based womenswear brand Dôen has secured investment led by growth equity firm Silas Capital to accelerate its retail expansion. The financial terms of the deal were not disclosed. Dôen, founded by Santa Barbara-born sisters Margaret and Katherine Kleveland, has become known for its feminine silhouettes, environmental commitments, and...

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Naked Wardrobe is expanding to the UK with wholesale partner Flannels

Los Angeles-based fashion label Naked Wardrobe, founded in 2012 by three sisters Shirin, Shida, and Shideh Kaviani, to fill a gap in the solution-based basics market, is expanding to the UK through a wholesale partnership with luxury retailer Flannels. The move is described as a “significant milestone” in the brand's international expansion...

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Innovative packaging companies helping fashion kick its plastic addiction

Opportunities for sustainability exist in all parts of the fashion industry and its supply chain. Not just in the production of items or logistics, but also in order packaging. Consider, for example, reusable packaging, alternatives to bubble wrap and seaweed-based polybags. These innovations, however, are not often in the spotlight, even though...

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