More and more consumers are demanding fashion companies to be transparent about where and how their clothes are made, as they find transparency is key for a fairer and more sustainable fashion industry. H&M is the latest company to take steps in that direction: the brand’s website now contains extended […]

Rent the Runway, fashion’s latest unicorn valued at 1 billion US dollars in March, is going overseas for the very first time. The American company will be opening an international technology office in Galway, Ireland, in May, with the goal to “tackle core technology challenges that are critical to Rent […]

After facing a series of challenges, American contemporary label Milly has been sold to MMJ LLC, a subsidiary of S. Rotschild. According to WWD, who first reported the news, the contemporary brand’s intellectual property and selected assets (including designs, patterns, samples, inventory, fashion books […]

It might seem like Sears was another casualty of the decline of brick-and-mortar, but there appears to be more to it than that, and the company is pointing fingers at their former CEO Eddie Lampert. Sears Holdings Corp. has launched a series of lawsuits against Lampert and a series of former high-profile […]

The Mueller report, the 22 month long investigation by special counsel Robert Mueller regarding corruption by Trump's campaign, was released on Thursday. In it, fashion investor and influencer Miroslava Duma was named. The news was reported by Garage Magazine. Page 78 of the report referenced Duma saying […]

Pinterest priced its shares at 19 US dollars for its initial public offering, valuing the image-sharing platform at 12.7 billion US dollars. The shares begin trading this Thursday on the New York Stock Exchange under the ticker symbol PINS. Goldman Sachs and J.P. Morgan Chase are leading the offering. […]

Facebook Inc is working to develop a voice assistant to compete with Amazon’s Alexa, Apple’s Siri and Alphabet Inc’s Google Assistant, Reuters reports. “We are working to develop voice and AI assistant technologies that may work across our family of AR/VR products including Portal, Oculus and future […]

Amazon plans to close down its online retail operations that cater to consumers in China in an apparent admission of defeat to local e-commerce rivals such as Alibaba and JD.com, a report said on Thursday. The US e-commerce pioneer will maintain other operations in China such as Amazon Web Services […]

The resale market is projected to reach 51 billion dollars in the next five years, according to a recent report from ThredUp, and fashion retailers are diving into this growing market. Last week, the H&M Group announced an e-commerce trial of secondhand sales for its & Other Stories brand, and now Neiman […]

WWD has reported that luxury Italian multi-brand store Stefaniamode has rebranded as Modes SpA as part of its re-branding strategy as the retailer works on expanding both online and offline. “In order to take on the global challenges of today’s luxury market, we wanted to ensure the company is eloquently […]

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