The RealReal has found itself in hot water this year over counterfeit items being sold through their website and store. The company's CEO Julie Wainwright has tried to say that there are no fakes on the website, but an ongoing investigation has found that is not true. CNBC recently obtained documents […]

Lucky Brand denim has announced a successful refinancing transaction that upsized its existing first lien term loan via existing lenders Wells Fargo Capital Finance and Gordon Brothers Finance Company. The transaction also refinanced Lucky Brand's former second lien credit facility via a new second […]

Abercrombie & Fitch Co. has announced plans for expansions Europe, the Middle East and Africa. The company is opening new stores for its brands in major cities in these key markets as part of an expansion strategy that has already started. In the UK, the company is introducing new stores to the Westfield […]

The Fashion Institute of Technology (FIT) has appointed new Trustees to its Board of Trustees. Gabrielle Fialkoff and Mona Aboelnaga Kanaan have officially commenced their terms on FIT 16-member board. Both are appointees the university's local sponsor, the Panel for Educational Policy of the New York […]

Funds advised by BC Partners LLP (“BC Partners”), through their participation in Pronovias Group (“Pronovias”), have reached an agreement to acquire Ladybird (the “Company”), a leading bridalwear company in Northern Europe, from its sole owner Olaf van den Brink. […]

Burberry is introducing a new global parental leave policy that offers all its employees 18-weeks of parental leave at full pay. The policy, which takes effect 1 April 2020 and is eligible for those who have worked at the company for over a year, also offers employees the opportunity to work a 30-hour […]

Macy's has said that they suffered a data breach three months ago, which resulted in some customers information being compromised and lead to a slump in sales. The news was reported by Bloomberg. “We are aware of a highly sophisticated and targeted data security incident related to macys.com that affected […]

After going carbon neutral in September, Gucci is daring other companies to do the same. CEO Marco Bizzarri published an open letter to CEOs yesterday, asking them to take urgent steps to reduce their greenhouse gas emissions, instead of solely focusing on goals for over the next decades. “Given the […]

E-commerce giant Amazon has publicly disclosed the names and addresses of over 1,000 facilities which produce Amazon-branded products, following requests from organizations campaigning for more transparency in the e-commerce and fashion industries. The list of suppliers is available at sustainability.aboutamazon.com. […]

The fashion labour force is challenged on many fronts; innovation, technical intelligence and practical skills are needed more than ever, and yet, businesses of all sizes are facing a shortage of skills that is reaching critical levels. In a fast-paced industry such as fashion, and with technological […]

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