On February 27, L’Oréal Groupe announced the official opening of its North America Research & Innovation (R&I) Center in Clark, New Jersey, following a $160 million investment.
Sustainability
On February 12th, Jeff Garner, a pioneer in sustainable fashion, unveiled his new documentary ‘Let Them Be Naked’, marking the closing event of New York Fashion Week (NYFW).
The Copenhagen International Fashion Fair (CIFF) and the Council of Fashion Designers of America (CFDA) will once again host a sustainable fashion-themed showroom during New York Fashion Week.
On January 28, the U.S.-based M2C brand Quince announced that it had raised $120 million in Series C funding.
On January 13, the British Fashion Council (BFC) announced its partnership with Copenhagen Fashion Week (CPHFW).
Low-cost fast-fashion retailer Shein has announced the establishment of its new non-profit organization, the Shein Foundation. The foundation aims to foster more inclusive and sustainable communities while consolidating the company’s existing philanthropic initiatives.
The British Fashion Council (BFC) has announced the implementation of a new standard prohibiting the use of exotic leather by all brands participating in the official schedule of London Fashion Week (LFW) starting in February 2025.
Fast fashion brand Zara has announced that it will launch its secondhand clothing service, “Zara Pre-Owned,” in the U.S. starting in October 2024.
On September 16, the “Intertextile Shanghai Apparel Fabrics,” held in Shanghai, China, from August 29 to 31, announced that it had reached a historic milestone with its 30th anniversary edition.
On July 9, Inditex, the parent company of ZARA, announced that it has acquired a…