According to ThredUp’s 2019 Resale Report, the secondhand apparel market has been growing 21 times faster than retail apparel over the last three years and is on track to be larger than fast fashion by 2028.
The Spanish fashion brand reported revenues of €201.3 million in 2018, driven by a 21% increase in international sales. International markets including Europe, South America and Asia now account for 28% of its revenue.
Online retail in the UK enjoyed a warm weather boost in February as a mini heatwave sent the e-tail sales rise easily above the averages seen in the last few months, according to the IMRG Capgemini eRetail Sales Index.
Swedish fashion retailer KappAhl offered up mixed Q2 results on Wednesday, reporting a “satisfactory” kick-off to last season with full-price sales doing reasonably well due to “well-filled stores and a broader offer.”
Garment factory workers in Bangladesh filed a record number of complaints about safety - 662 - last year, showing that a mechanism set up by European fashion brands to improve working conditions was proving effective.
Following the news that Tom Ford will become the institution's new chairman, the list of nominees and honorees for the 2019 CFDA Fashion Awards is out, featuring Virgil Abloh, the Olsen twins, Sander Lak and more.