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ORDRE Weekly

This week's news wrap looks at the business of Cruise, companies dominating the tech industry, why brands are turning to 'nearshoring' and more

  • Ready-to-wear remains a loss leader among the big brands
  • Robots won't replace retail workers
  • The Wear Grey design collective - Sustainable K-Fashion
  • Is 'near shoring' the new offshoring?
  • Your organic cotton t-shirt might be worse for the environment than regular cotton
  • Designer Sharon Lombardo is trying to reinvent Anne Klein
  • Why museums around the world are celebrating fashion's great rebels
  • The business of Cruise: go big or go home

 

READY-TO-WEAR REMAINS A LOSS LEADER AMONG THE BIG BRANDS

WWD

"According to a report from Luca Solca and his luxury team at Exane BNP Paribas, the economics of ready-to-wear are “daunting,” with most brands losing money and using clothing simply as a communication tool."

 

ROBOTS WON'T REPLACE RETAIL WORKERS 

Forbes

"A new report by Cornerstone Capital Group claims that more than 6 million jobs are "likely will be automated out of existence in the coming years, leaving a large portion of the retail workforce at risk of becoming 'stranded workers."

 

SUSTAINABLE K-FASHION FINDS FANS IN KOREA AS SEOUL DESIGNERS ADOPT ECO-FRIENDLY STRATEGIES

South China Morning Post

"South Korea is already the home of fast fashion that’s bold and bright, and now a group of designers have banded together to turn heads with a sustainably produced ‘slow’ fashion collection"

 

IS 'NEARSHORING' THE NEW OFFSHORING?

Business Of Fashion

"Fashion brands are turning to manufacturers in Eastern Europe and Central America for greater agility and speed to market" 

 

YOUR ORGANIC COTTON T-SHIRT MIGHT BE WORSE FOR THE ENVIRONMENT THAN REGULAR COTTON

Quartz Media

"Your organic cotton t-shirt may have actually used up more resources to produce than one made of conventionally grown cotton, and could have a greater overall impact on the environment."

 

CAN A FADED FASHION HOUSE RECLAIM ITS 1970s GLORY? INSIDE THE EFFORT TO SAVE ANNE KLEIN

Washington Post

"In the 1960s and ’70s, Anne Klein set the standard for professional, grown-up style. The company didn’t just dress women for the workforce. It epitomized their independence, confidence and multifaceted lives. But since the death of its namesake founder in 1974, the company had churned through a half-dozen designers and multiple owners."

 

WHY MUSEUMS AROUND THE WORLD ARE CELEBRATING FASHION'S GREAT REBELS

Cnn Style

"The artistic direction of fashion houses switches at breakneck speed, as brands fight for relevance and resonance. The Internet creates a constant stream of images and information, but despite this, there seems to be little room for deeper insights, analysis and historical contextualisation."

 

THE BUSINESS OF CRUISE: GO BIG OR GO HOME

Business Of Fashion 

"While some smaller labels are abandoning Cruise shows altogether, luxury megabrands continue to pour up to $10 million into elaborate spectacles. Is it worth the investment?"

 

THE TECH INDUSTRY IS DOMINATED BY 5 BIG COMPANIES - HERE'S HOW EACH MAKES ITS MONEY

Business Insider

"Smartphones, laptops, app distribution, voice assistants and AI, streaming music and video, cloud computing, online shopping, advertising — whatever it is, chances are it runs through the oligopoly in some way. The list of startups that have bought by the big five, meanwhile, is almost too long to count."