Plus, the complex relationship between fashion and the working class was prevalent at LFW.
These are the stories making headlines in fashion on Tuesday.
Despite Brexit, London Fashion Week remains business as usual
In a stark contrast from London Fashion Week‘s February shows, the looming topic of Brexit was emphatically disregarded this season. The ambiguity of Brexit’s deadline has left many businesses scrambling and worried, while others are profiting from low-pound-fueled shopping sprees. As for London Fashion Week, British Fashion Council Chief Executive Caroline Rush stressed that, “It is, as much as it can be, business as usual.” {Business of Fashion}
Fashion brands need to set the trend of sustainability
The fashion industry is exceedingly influential, and it’s time for brands to start using their platforms to make an impactful effort in sustainability. At this moment in time, fashion is not approaching climate change rebelliously enough to create ongoing momentum for sustainability. Now is the time for fashion to embrace its role as an environmental leader. {Adweek}
British fashion and working-class appropriation
The U.K., a nation with notoriously low rates of social mobility, has had its moments of trickle-up fashion inspired by the working class. But this vision does not fare well when combined with the fact that many creative internships reportedly do not pay their workers the minimum wage. The complex British class system was especially prevalent at London Fashion Week, where streetwear is regularly featured on the runways. {Business of Fashion}
After anti-plastic crusade, oil industry takes a hit
As demand for gasoline and diesel decrease and the backlash against plastic continues to rise, oil and gas producers are turning to petrochemical developments. Consumer response to pollution has steered many companies to tighten their regulations on plastics and increase use of recycled packaging. One opportunity for chemicals companies is to work with plastic recycling businesses. {Forbes}
Barneys considers its worth while searching for a buyer
By Oct. 24, Barneys New York must find the magic number of its value in order to find a buyer. The luxury retailer has faced an unfavorable decade: In 2007, Jones Apparel Group sold Barneys to Istithmar World for $942.4 million. Now, 12 years later, the bankrupt company is having trouble securing a buyer to pull them out of $50 million in debt. {WWD}
Never miss the latest fashion industry news. Sign up for the Fashionista daily newsletter.
Source: Fashionista.com
Be First to Comment