Aloqia's Foundstock Standard aims to define 'deadstock,' incentivizing reuse and combating greenwashing. It tackles the lack of clear definition and encourages sustainable practices in the fashion industry. Focus on transparency and traceability.
Hugo Boss reports sales decline due to geopolitical and macroeconomic uncertainty, particularly impacting China. Actions taken include inventory adjustments and product assortment enhancements. EMEA region shows growth.
Rebecca Minkoff transitions to a licensing model to boost brand growth and global reach. Partnerships will focus on design & storytelling, while partners manage production and distribution. Retains creative control.
Harris wins the Vogue Business Talent Competition, exploring AI's impact on fashion. Runners-up Ajala and Lu also recognized. The competition aims to elevate emerging voices in fashion journalism.
