Fashion news and fashion jobs

Arda Biomaterials secures 5.25 million US dollars to commercialise technology

Arda Biomaterials, which transforms brewery and whisky waste into novel materials, such as leather-like materials, for fashion and retail use, has raised 5.25 million US dollars to commercialise its technology leveraging plant proteins. The British-based chemistry technology company closed an oversubscribed 5.25 million US dollars (4.05 million...

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Shein versus Vestiaire Collective: the ideological (and economic) battle over fast fashion

France - Two irreconcilable visions of have fashion clashed. On one side, Shein, a Chinese ultra-fast fashion giant, advocated for fashion “accessible to all”. On the other, Vestiaire Collective, a French pioneer of high-end second-hand fashion, denounced a toxic promise based on social exploitation, textile waste and the endangerment of an...

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Nike restructures leadership team following Heidi O'Neill's retirement

Nike has announced reorganisation of its senior leadership team, aiming to accelerate its "Win Now" strategy and position the company for sustained growth. The restructuring includes the promotion of key executives and the retirement of longtime leader, Heidi O’Neill, president of consumer, product, and brand. She has announced her retirement...

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Skechers to be acquired by 3G Capital in 9.4 billion dollars deal

In a significant development in the footwear industry, Skechers U.S.A., Inc. has announced its agreement to be acquired by global investment firm 3G Capital for approximately 9.4 billion dollars. The transaction, unanimously approved by Skechers' board of directors, will transition the company from a public to a privately held entity. Commenting...