Bia Bezamat
A round-up of everything you might have missed in relevant fashion, retail and tech industry news over the past week.
TOP STORIES
- The fashion industry is one of the biggest supporters of modern slavery across the globe [Fashionista]
- Ivanka Trump to shut down fashion company [CNN]
- Facebook is now $120 billion smaller [Bloomberg]
SUSTAINABILITY & PURPOSE
- Secondhand retailer thredUP pens open letter to Burberry over burned clothes [Fortune]
- De Beers moves 200 elephants from South Africa to Mozambique [BBC]
- Meet the first fashion designer to adopt Provenance’s blockchain service [Forbes]
- Is inclusivity the new exclusivity? Gucci certainly thinks so [BoF]
RETAIL & E-COMMERCE
- Amazon moves closer to becoming top retailer in US apparel [eMarketer]
- Away opens shoppable airport-inspired experience, Terminal A [Forbes]
- Ikea is going small [Fast Company]
- Zalando buffs up beauty credentials with new Berlin shop [Reuters]
MARKETING & SOCIAL MEDIA
- Fashion Nova conquered Instagram by embracing the “thirst trap” [Quartz]
- How influencers are sparking the downfall of their industry [Vogue Arabia]
- How Louis Vuitton upped its digital game in China [Jing Daily]
PRODUCT
- Heineken launches sportswear with Kappa [Fashion United]
BUSINESS
- Mark Sebba, former CEO of Net-a-Porter, has died [Vogue UK]
- LVMH brought in $25.5 billion in sales in the first six months of 2018 [The Fashion Law]
- Kering touts McQueen as next star [WWD]
- The RealReal raises $115M in series G financing [PR Newswire]
- Prada to host second ‘Shaping a Future’ conference [WWD]
- Balenciaga is being sued for “copying” its $2,000 kitschy New York bag [The Fashion Law]
CULTURE
- Nike founder Phil Knight getting biopic treatment from Netflix [The Hollywood Reporter]
- ComplexCon issues statement on Dior [WWD]
- My 8-month search for $900 sneakers [NY Times]
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