A round-up of everything you might have missed in relevant fashion, retail and tech industry news over the past week.
TOP STORIES
- Fashion Week can’t just be another online video festival (BoF)
- America waits in lines, even as stores go bankrupt (NYT)
- Why luxury brands must be innovative (Jing Daily)
SUSTAINABILITY & PURPOSE
- L’Oreal’s new sustainability initiative to save 900 tonnes of new plastic in the UK (TheIndustry.Fashion)
- Burberry to raise money for sustainability projects with bond (WWD)
- Inside fashion’s switch to green electricity (Vogue Business)
- JD.com and partners works to bring transparency to gem industry (Jing Daily)
RETAIL & COMMERCE
- This new clothes-sharing platform lets you borrow clothes from someone else’s closet (Fast Company)
- The future of IT in retail: where data, devices and retail strategy meet (Fashion United)
- Kohl’s revamps loyalty program (Retail Dive)
- Retail is having a Darwin moment that will transform it forever (Fast Company)
- Farfetch launches curated galleries to lure out China’s consumers (Jing Daily)
- The ‘Zero Inventory’ solution (BoF)
MARKETING & SOCIAL MEDIA
- Would you spend $10,000 on a virtual dress? Gucci is betting on it (Fast Company)
- Burberry launching global pop-up series and Snapchat VR experience (TheIndustry.Fashion)
- How Gucci, LV leveraged China to survive COVID-19 (Jing Daily)
- Beauty influencer events are making a comeback (BoF)
PRODUCT
- Jimmy Choo announces collaboration with Timberland (Fashion United)
- This hoodie is made from pomegranate seeds and completely biodegrades (Fast Company)
- The fashionable sneakers with an adaptive concept (Fashion United)
BUSINESS
- Nicholas Kirkwood takes back ownership of his brand (WWD)
- No pandemic pause in IKEA’s US shopping mall plans (Reuters)
- Who is buying bankrupt retailers like Brooks Brothers and Forever 21? (NYT)
- LVMH calls off mega-deal with Tiffany (BoF)
- Amazon creates its own Black Friday (PYMNTS)
- Bankrupt retailers face a new hurdle: getting rid of inventory (Washington Post)
CULTURE
- Streetwear was declared dead. It’s still here (Vogue Business)
- How the pandemic has changed China’s fashion industry (Jing Daily)
- The fashion show will go on. But how? (Fashionista)