Boohoo is hit with allegations of worker exploitation, Brooks Brothers files for bankruptcy, and more
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Boohoo's shares fall after being accused of labour exploitation.
An investigation by the Sunday Times of London uncovered that workers at a factory suppling Boohoo garments were being paid far less than the national mandated minimum wage. They were also, supposedly, operating during the COVID-19 lockdown with no social distancing measures implemented. This led to a plunge of nearly 50% in Boohoo's shares — though it is worth noting that they have regained 27% of the shares after the fast fashion empire promised to clean up its supply chain. This was done through a statement claiming that they would invest US$10 million to improve the conditions of factories in Leicester, where a large portion of their goods are made.
Need Supply and Totokaelo will close their doors.
Sister brands under the NSTO banner have cited the ongoing impact of the COVID-19 pandemic as the reason for their shutdown. All staff were informed in a companywide call last week, while a lawyer for NSTO spoke up and confirmed that the labels have "made the difficult decision to wind down their businesses and operations in an orderly fashion." Their regularly scheduled end-of-season sales, however, are still ongoing, and there has been no announcement posted on their official social media channels just yet.
Brooks Brothers files for bankruptcy.
Prior to filing for bankruptcy, the menswear retailer had already shut down about roughly 50 of their 250 outlets in North America. They are also in talks to close down several of their factories. Owner, Claudia Del Vecchio, claimed it a necessary decision that ensures Brook Brothers "can come out on the other side of the crisis."
Burberry ventures into gaming with B Surf.
The lockdown has seen the intertwining of both fashion and gaming, so it comes as no surprise that Burberry is getting in on this, too. Enter: B Surf, a surfing racing game that allows users to select a character, dress their chosen avatar in outfits from the Burberry TB Summer Monogram Collection, and race their friends on a surfboard around a TB-shaped track. Exclusive Burberry prizes can be won in a raffle every day for the first two weeks of launch, and is available to play on burberry.com.
Dior discloses the savoir faire materials on the miniature dresses in their Autumn-Winter 2020-2021 Haute Couture Collection.
Sage green chiffon, Greige pleated satin crêpe, and ruffled tulle were amongst the wide variety of materials used in the collection. If you haven't witnessed the magic for yourself yet, be sure to check out the brand's latest presentation below.
Fendi appoints Chinese actress, Zhao Wei, as their latest ambassador.
The distinguished actress and director is said to possess passion, tenacity, and courage that is reflective of the fashion house's DNA. We're counting on seeing her in the brand's latest campaigns sometime soon.
Etro has teamed up with eyewear label, Carrera, to launch a capsue collection of sunglasses.
The collection features a re-designed edition of Carrera's signature aviator style from the '80s in a variety of colour options ranging from yellow to blue. All glasses will be crafted from Optyl; a resistant, lightweight and hypoallergenic material.
Tommy Hilfiger's new initiative is designed to help advance minority representation.
Called The People's Place, it is a three-pillared program will help ensure more career opportunities for black, indigenous and people of color within the fashion and creative industries. They are also committed to independent, industry-wide analyses of diversity, equity and inclusion in the industry — of which they will disclose the results.