Richemont has finally landed a buyer for Yoox Net-a-Porter following reports this spring that the Swiss luxury goods behemoth was preparing to sell off the luxury e-commerce platform for next to nothing. Sources tell TFL that the buyer is NYSE-traded e-commerce platform Mytheresa, which is the last interested party in the mix after the likes of Bain Capital...
Fashion
Scientists Have Come Up with a Technology to Recycle Used Clothes Rather Than Simply Burning Them
When you go running in the woods in your running tights, elastane is the reason they fit you so comfortably. Elastane is an elastic material that allows the fabric to stretch and adapt to your body. But when elastane fibres are mixed with cotton, wool, nylon or other fibres, as is the case in many...
Inside Miami’s Hidden Gem: the Parodi Costume Collection
For in-the-know fashion historians and fans, Miami’s Parodi Costume Collection is an essential destination. Nonetheless, it’s admittedly a bit of an insider’s secret. Tucked on a quiet street not far from busy destinations like Wynwood Walls and the Miami Design District, it showcases highlights of a collection of more than 10,000 pieces that its founder,...
The Risks of Green Marketing: A Snapshot of Greenwashing Litigation
Greenwashing litigation has been making headlines in fashion and beyond, with H&M, Allbirds, Nike, and Canada Goose being among some of the big-name companies that have been targeted with lawsuits as a result of their focus on sustainability or broader ESG claims (think: the use of product/service claims in the vein of “sustainable,” “green,” “eco-friendly,” “conscious,” etc.) in their advertising...
Abercrombie, Former CEO Accused of Sex Trafficking in New Lawsuit
Abercrombie & Fitch has landed on the receiving end of a new lawsuit, which accuses the company of participating – and maintaining “intentional involvement” – in a “widespread sex-trafficking operation led by its [former] CEO Michael Jeffries,” who is also named as a defendant in the striking case. According to the complaint that he filed...
Africa’s Fashion Industry Is Growing to Meet Global Demands but Needs More Investment, UNESCO Says
Africa’s fashion industry is growing rapidly to meet local and international demand but inadequate investment limits its potential, UNESCO said Thursday in a report released during Lagos Fashion Week. Currently valued at $15.5 billion worth of exports annually, the earnings from the continent’s fashion industry could triple over a decade with the right investment and...
The Alexander McQueen Fashion House and Sarah Burton Announce the End of Their Collaboration
The Alexander McQueen fashion House and Creative Director Sarah Burton today announce the end of their collaboration after two decades together. The Spring-Summer ’24 fashion show in Paris in September will mark the conclusion of a highly successful partnership that began when Sarah Burton became Creative Director of the fashion House in May 2010, having...
Why Milan Is More Than Just Fashion and Design
Contemporary art has found its footing in the home of Salone del Mobile When contemporary art and Milan come up in conversation, many observers point to one seminal event that put the city on the art world’s radar: Expo 2015. Before the world’s fair, Milan’s two leading creative industries – fashion and design – routinely...
Inner Worlds | Fashion designer Guo Pei
The haute couturière behind Rihanna’s iconic Met Gala dress creates wearable masterpieces that put Chinese cultural heritage center stage. Art Basel’s ‘Inner Worlds’ film series visits creatives in the places that most inspire them Discover the world of Guo Pei, the renowned Chinese couturière and founder of Rose Studio. For the latest episode of our...
Alicia Keys and Moncler Genius Capture the Cool of New York
The artist is the label’s latest co-creator, imagining garments that merge street style with the city’s characteristic elegance “Moncler and me go way back to when I was a little kid during those New York winters,” says Alicia Keys. “A Moncler was something you could see, but not quite reach yet. That high vision of...