Technology: Page 3
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Courtesy of Infinited Fiber
Textile recycling company Infinited Fiber closes $43.8M funding round
The news comes after Renewcell, its competitor in the recycled materials space, filed for bankruptcy due to lack of funding.
By Laurel Deppen • March 14, 2024 -
Courtesy of Athleta
Gap Inc. will begin using regenerated polyester in Athleta apparel
Cycora, a material from textile science manufacturer Ambercycle, is expected to show up in the athleticwear brand's clothing beginning in 2026.
By Lara Ewen • March 6, 2024 -
Explore the Trendline➔
Courtesy of Google
TrendlineTechnology trends shaping fashion
Technology is continuing to provide new ways to address challenges in circularity, supply chain and apparel afterlife issues.
By Fashion Dive staff -
Bryan Thomas via Getty Images
J.Crew launches swimwear takeback program
The recycling initiative, in partnership with SuperCircle, will give consumers shopping credit in exchange for used bathing suits from any brand.
By Howard Ruben • March 4, 2024 -
Courtesy of Zulily
Zulily IP assets put up for sale
The sale includes customer data, domain names, over 200 trademarks and code for the Zulily proprietary app.
By Tatiana Walk-Morris • March 1, 2024 -
Michael Vi via Getty Images
Coupang wants to transform the luxury fashion customer experience
On its Q4 earnings call, CEO Bom Kim said his company was confident that buying Farfetch was a prudent financial decision.
By Lara Ewen • Feb. 28, 2024 -
Michael Loccisano via Getty Images
Sustainable Apparel Coalition rebrands as Cascale
The move follows the December exit of CEO Amina Razvi and the organization’s step back from the Higg Materials Sustainability Index.
By Lara Ewen • Feb. 27, 2024 -
Kenstocker via Getty Images
Sponsored by CGSAutomating your Amazon business
Discover the key to e-commerce success by partnering technology and strategy for thriving sales on online marketplaces.
Feb. 20, 2024 -
Permission granted by IWD
Sponsored by IWD Retail Software10 retail trends to watch in 2024
Step into 2024's retail revolution: AI-driven experiences, DTC in stores, sustainability surge and nostalgic fashion resurfaces. Adapt or fade away…
Feb. 12, 2024 -
Retrieved from Willy Vanderperre for Prada on February 01, 2024
Prada reclaims top spot on Lyst Index
Miu Miu fell to second place on the quarterly report, while Ugg returned to the top-20 brand category and The Row made its first appearance.
By Lara Ewen • Feb. 6, 2024 -
Courtesy of Coupang
Coupang completes acquisition of Farfetch
The $500 million deal, initially announced in December, was threatened last week by Farfetch bond holders seeking to recover their investment in the luxury e-commerce firm.
By Lara Ewen • Jan. 31, 2024 -
Jason Carter Rinaldi via Getty Images
Farfetch deal with Coupang threatened by ad hoc investor group
The noteholders, who collectively hold more than half of the luxury e-commerce platform’s 2027 bonds, say they’re seeking options that would allow them to recover their funds.
By Lara Ewen • Updated Jan. 30, 2024 -
Courtesy of Under Armour
Under Armour, Celanese develop spandex alternative
The companies partnered on Neolast, a high-performing alternative to elastane — a fiber that gives apparel stretch.
By Tatiana Walk-Morris • Jan. 26, 2024 -
Permission granted by RePreve
Textile tech brand Repreve introduces yarn made from plastic bottles
The fiber, called Recomfort, is designed to to be pill-resistant and feel like traditional cotton, acrylic and rayon.
By Howard Ruben • Jan. 25, 2024 -
Courtesy of TrusTrace
TrusTrace lands $24M growth investment
The traceability platform will use the money to boost its global expansion strategy.
By Laurel Deppen • Jan. 18, 2024 -
Arturo Holmes via Getty Images
Deep Dive7 fashion industry trends to watch in 2024
The coming year will bring fast fashion battles, more mergers and acquisitions, an evolution of luxury and a presidential election, and that’s just for starters.
By Laurel Deppen and Lara Ewen • Jan. 12, 2024 -
Retrieved from Courtesy of Balenciaga on January 09, 2024
Biomaterials firm backed by Kering raises 11 million euros
Mogu Srl has completed Series A funding and plans to launch a demo production plant, expand its team and increase its research and development efforts.
By Lara Ewen • Jan. 9, 2024 -
Michael M. Santiago/Getty Images via Getty Images
Rent the Runway to cut 10% of its corporate workforce, COO resigns
The designer rental service is launching a restructuring plan, which it says will result in $11 million to $13 million in annualized run rate cash savings.
By Laurel Deppen • Jan. 9, 2024 -
Courtesy of Gozen
Leather alternative startup names new chief product officer
Gozen, which recently closed a $3.3 million funding round, named Sedef Uncu Aki to the position.
By Laurel Deppen • Jan. 3, 2024 -
Courtesy of Zulily
Zulily goes out of business, plans to liquidate
The retailer has entered an assignment for the benefit of creditors, an alternative to bankruptcy, after seven months under private equity ownership.
By Nate Delesline III • Jan. 3, 2024 -
Courtesy of Renewcell
Renewcell secures $9.8M in short-term funding
The new capital comes after the textile recycling firm reported underperforming Q3 sales.
By Lara Ewen • Dec. 21, 2023 -
Courtesy of Reebok, Futureverse
Reebok, Futureverse partner to launch metaverse experience in 2024
“Reebok Impact” is intended to broaden the ways consumers interact with the brand's products, from its apparel to its footwear.
By Xanayra Marin-Lopez • Dec. 21, 2023 -
FG Trade via Getty Images
With website down, Zulily’s future in doubt
The e-commerce retailer's website is currently "down for maintenance," following layoffs.
By Nate Delesline III • Dec. 20, 2023 -
Farfetch and Coupang deal has consequences for luxury, e-commerce: analysts weigh in
The newly announced acquisition deal may signal a new path forward for the struggling platform, but challenges remain.
By Lara Ewen • Dec. 19, 2023 -
Matthew Eisman/Getty Images for Pandora Media via Getty Images
VF Corp. reports stolen data from cybersecurity incident
The attack last week has impacted the apparel conglomerate’s ability to fulfill orders.
By Laurel Deppen • Dec. 18, 2023 -
Courtesy of Coupang
Farfetch to be acquired by Coupang in a $500M deal
As a result, Farfetch will be delisted from the NYSE, and its agreement to buy YOOX Net-a-Porter from Richemont has been terminated.
By Lara Ewen • Dec. 18, 2023
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