"The American Apparel founder has been building a new business quietly with wholesale and just expanded with e-commerce."
"Even as the luxury marketplace weathered a global slowdown in growth in recent years, private equity’s appetite for exposure to the sector remained a constant -- and the industry is now on the rebound."
"Ditching coal is fashionable in these eco-minded times, but one Swedish power plant is replacing coal with fashion itself—by burning discarded clothing from H&M."
"Fashion designer Stella McCartney condemned her industry as “incredibly wasteful and harmful to the environment” as she joined forces with round-the-world sailor and environmental campaigner Dame Ellen MacArthur to call for a systemic change to the way clothing is produced and used."
Business of Fashion
"The solitary aim of these new-era retailers will be to drive significant sales for their brand partners. But unlike stores of today that are single-mindedly focused on four-wall sales, experiential stores of the future will position themselves as true any-channel hubs."
"Today, a favorite blogger recommending a coat or a pair of boots to buy carries more weight than any marketing e-mail, banner ad or promoted Instagram post. "
“Medine is no stranger to partnerships: Earlier this year, she invested in beauty company Drunk Elephant, plus she has teamed with NARS on a video campaign and designed a line of shoes for Net-a-Porter. However, she said PayPal is among her more “straightforward” ventures.”
"For retailers that pursue an un-store environment, the potential to learn more about your customers’ behavior and gain brand loyalty can even be more valuable than their dollars."
"The shopping holiday generated a record $5 billion in sales on Black Friday alone."