Media Hype

With sustainability falling down the priority list for fashion executives in 2025, emerging designers are looking to meet demands for conscious consumerism — but face substantial challenges in an oversaturated market facing macroeconomic limitations. BoF sits down with Felita Harris, co-founder of non-profit RaiseFashion that provides financial, educational and community support for underrepresented designers focused on sustainability goals, to learn more. from The Business of Fashion https://ift.tt/4uF89rg

The bondholders have organised and hired advisors Lazard Inc. and Paul Weiss Rifkind Wharton & Garrison while they prepare for potential financing talks with Saks Global. from The Business of Fashion https://ift.tt/vH8GFDX

The cosmetics company expects to double revenue to over $117 million in the fiscal year starting April 1. from The Business of Fashion https://ift.tt/L6Uv4NX

The title could provide a handy source of new revenue for the Anglo-French magazine. from The Business of Fashion https://ift.tt/qFRX1fO

As more retailers report earnings, the industry is hoping more countries follow China in reaching agreements to lower tariffs. from The Business of Fashion https://ift.tt/vWmP1xV

Maryse Mbonyumutwa of Pink Mango, Laduma Ngxokolo of MaXhosa Africa, and Reni Folawiyo of Alara join writer Rozan Ahmed at BoF CROSSROADS 2025 to discuss how African brands are overcoming operational challenges to bring global creativity and sustainability to fashion. from The Business of Fashion https://ift.tt/Jj8qBFU

Jorgensen told Reuters in an interview that he did not see the decision coming, and was only informed very recently. from The Business of Fashion https://ift.tt/9j4dEiY

The US investor’s Scion Asset Management now owns 200,000 shares in the beauty conglomerate valued at $13.2 million. from The Business of Fashion https://ift.tt/iubkdmG

Analysis from BoF INSIGHTS PULSE shows which brands and celebrities drove the conversation around the Met Gala on social media — and why. from The Business of Fashion https://ift.tt/T6EDFAG

The largest US retail pharmacy chain is trying to buy Rite Aid stores in Washington, Oregon and Idaho, in addition to patient prescription information, CEO Matthew Schroeder told employees. from The Business of Fashion https://ift.tt/aS5W7n6

A Milan court found that Valentino Bags Lab subcontracted production to Chinese-owned firms in Italy that exploited workers. from The Business of Fashion https://ift.tt/JSdT6Fa

As the impact of tariffs on the industry sets in, a few American brands are turning their attention to overseas markets, and building resilient supply chains that can withstand indefinite uncertainty. from The Business of Fashion https://ift.tt/8fpjVSW

Under the current deal, which could be announced as soon as Thursday, Dick’s will pay $24 per share for Foot Locker. from The Business of Fashion https://ift.tt/4ZdsK27

Consultancy Bain & Co forecast global sales of luxury goods to fall between 2 and 5 percent this year, sharply downgraded from previous estimates. from The Business of Fashion https://ift.tt/hlFyBWU

Saks Global is now seeking even more money to shore up finances while bondholders, who face almost $1 billion in losses, have begun to question if they’ll receive a single interest payment. from The Business of Fashion https://ift.tt/sdOeXGf

Following the forecast withdrawal, shares of the apparel maker slumped 10 percent in extended trade. from The Business of Fashion https://ift.tt/zdSTEhg

The department store company plans to sell $360 million of junk bonds to raise cash to refinance debt coming due this year. from The Business of Fashion https://ift.tt/TM6Ngot

Fashion let out a sigh of relief as the US and China announced a de-escalation of their punishing trade battle, but the industry can’t breathe easy just yet. from The Business of Fashion https://ift.tt/vwB0TU5

The two digitally-native brands will sell their products across both sites as the combined company aims to reach $100 million in annual sales in the next three to five years. from The Business of Fashion https://ift.tt/NUP7RAv

The advisers will help Saks Global assess its options for boosting liquidity as economic pressures impact the US retail sector. from The Business of Fashion https://ift.tt/ML1xpmt