Fashion Startup Founder Pleads Guilty in $300 Million Fraud
Christine Hunsicker admitted she falsified financial statements to promote CaaStle Inc. as a valuable, growing business when in reality it was struggling.
sustainability / Circularity
Sustainability
Fashion Searches For a New Climate Solution
Coach-owner Tapestry’s new carbon-removal partnership and brands making fresh commitments to textile-to-textile recycling startups show an industry searching for ways to address its environmental impact.
Fashion Searches For a New Climate Solution
Coach-owner Tapestry’s new carbon-removal partnership and brands making fresh commitments to textile-to-textile recycling startups show an industry searching for ways to address its environmental impact.
Sustainability
Textile Recycler Circ Names New Brand Partners as It Grows Commercial Reach
A new group of brand partners, including Reformation and C&A, is joining the poly-cotton recycler’s long-term commercialisation program only weeks after its debut, signalling growing demand as the company gears up for industrial-scale production in Europe.
Textile Recycler Circ Names New Brand Partners as It Grows Commercial Reach
A new group of brand partners, including Reformation and C&A, is joining the poly-cotton recycler’s long-term commercialisation program only weeks after its debut, signalling growing demand as the company gears up for industrial-scale production in Europe.
Sustainability
Exclusive: Textile Recycler Circulose Is Restarting Its Recycling Plant
The sustainable materials company, which closed its Swedish factory in 2024, is opening it again after a year of restructuring.
Exclusive: Textile Recycler Circulose Is Restarting Its Recycling Plant
The sustainable materials company, which closed its Swedish factory in 2024, is opening it again after a year of restructuring.
Sustainability
‘Every Shirt Has a Story’: The Designers Saving Football Kits From Landfill
The increasing popularity of retro football kits has helped to ease the flow of polyester garments to landfill sites.
‘Every Shirt Has a Story’: The Designers Saving Football Kits From Landfill
The increasing popularity of retro football kits has helped to ease the flow of polyester garments to landfill sites.
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Sustainability
Vestiaire Collective Will Now Sell Carbon Credits on your Purchases
The resale platform will begin selling carbon credits based on emissions avoided when consumers buy secondhand on their site.
Vestiaire Collective Will Now Sell Carbon Credits on your Purchases
The resale platform will begin selling carbon credits based on emissions avoided when consumers buy secondhand on their site.
Sustainability
Are Things as Bad as They Seem?
At New York Climate Week, fashion’s sustainability cadre wanted to send the message that work is continuing — and making progress — despite grim political and economic headwinds.
Are Things as Bad as They Seem?
At New York Climate Week, fashion’s sustainability cadre wanted to send the message that work is continuing — and making progress — despite grim political and economic headwinds.
Sustainability
Explainer: Can Big Fashion Make Recycling Work at Scale?
Industry coalition ReHubs is calling for billions of dollars of investment to establish industrialised textile recycling capabilities in Europe. For its strategy to work, many elements still need to fall into place.
Explainer: Can Big Fashion Make Recycling Work at Scale?
Industry coalition ReHubs is calling for billions of dollars of investment to establish industrialised textile recycling capabilities in Europe. For its strategy to work, many elements still need to fall into place.
Sustainability
Fashion’s Recycling Start-Ups Inch Closer to Commercialisation
Over the last month, a flurry of companies with backers from H&M to Inditex have advanced plans to build their first industrial-scale textile-to-textile recycling plants, advancing a technology that is often held up as a holy-grail-like solution to many of fashion’s environmental ills.
Fashion’s Recycling Start-Ups Inch Closer to Commercialisation
Over the last month, a flurry of companies with backers from H&M to Inditex have advanced plans to build their first industrial-scale textile-to-textile recycling plants, advancing a technology that is often held up as a holy-grail-like solution to many of fashion’s environmental ills.
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Sustainability
Fashion’s Big Bet on Textile Recycling, Explained
The nascent textile recycling industry has been positioned as a holy grail solution to fashion’s environmental challenges. The reality is more complicated.
Fashion’s Big Bet on Textile Recycling, Explained
The nascent textile recycling industry has been positioned as a holy grail solution to fashion’s environmental challenges. The reality is more complicated.
Sustainability
Textile-to-Textile Recycler Circ Raises $25 Million
The company has gained new backing from Taranis, an investment firm owned by oil company Perenco, and additional funds from investors including Zara-owner Inditex as it looks to bring its recycling capabilities to commercial scale.
Textile-to-Textile Recycler Circ Raises $25 Million
The company has gained new backing from Taranis, an investment firm owned by oil company Perenco, and additional funds from investors including Zara-owner Inditex as it looks to bring its recycling capabilities to commercial scale.
Sustainability
The Best of BoF 2024: Fashion’s Sustainability Pullback
This year offered up a jarring reality check for players seeking to improve the industry’s environmental and social impact, with brands deprioritising sustainability efforts even as the risks of inaction have become more apparent.
The Best of BoF 2024: Fashion’s Sustainability Pullback
This year offered up a jarring reality check for players seeking to improve the industry’s environmental and social impact, with brands deprioritising sustainability efforts even as the risks of inaction have become more apparent.
Sustainability
Sustainability: The Case for Collective Action
A fragmented fashion industry needs to cooperate in order to avoid falling further behind on decarbonisation efforts, according to the BoF-McKinsey State of Fashion 2025.
Sustainability: The Case for Collective Action
A fragmented fashion industry needs to cooperate in order to avoid falling further behind on decarbonisation efforts, according to the BoF-McKinsey State of Fashion 2025.
The News in Brief
Victoria’s Secret Forecasts Its Best Year Since L Brands Split
The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.
Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes
The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.
Oasis Pressures Kao in Latest Japan Activist Investor Push
Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.
American Eagle Forecasts Sales Growth Above Estimates on Demand From Wealthy Shoppers
The retailer surpassed annual sales forecasts but expects a $60 million drag from import tariffs in the first half of 2026.
Missoni Family Exits Namesake Brand
The transaction gives FSI, a Milan-based private equity fund, a controlling share in the Italian luxury house, as more founder-owned brands turn to investors to fund growth and weather a tough global market.
Ross Stores Forecasts Annual Sales Above Estimates on Resilient Demand for Discounted Apparel
Spend growth at off-price chains is among the strongest in retail, with gains across all income segments.
Abercrombie & Fitch Forecasts Muted Annual Sales Amid Tariff Uncertainty
The retailer said it was accounting for the 15 percent tariff announced by US president Donald Trump after the Supreme Court struck down most of his earlier tariffs.