The Era of Activist Models

Boohoo Under Investigation, Nicola Glass Exits Kate Spade

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WHAT YOU NEED TO KNOW TODAY: FRIDAY, MARCH 5, 2021 Brands are betting on activist models but striking effective partnerships is tricky. Some Lebanese designers were sheltered from last year's crisis by Gulf clients, but others are leaving the country. A US investigation into Boohoo's labour practices could be the start of a broader crackdown on fast fashion, experts say. Creative director Nicola Glass is exiting Kate Spade amid struggling sales. Thredup reported rising revenue but a $47.9 million net loss for 2020 in its IPO filing.

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MEDIA Why the Era of the Model-Activist Is Here To Stay By Daphne Milner

As young consumers demand brands reflect their values, companies are increasingly turning to ambassadors with platforms on issues from social justice to environmentalism. But striking an effective partnership can be tricky for both parties. READ MORE

GLOBAL MARKETS Lebanese Designers Still Suffering From 'Triple Crisis' By Louise Nichol

Elie Saab and Rabih Kayrouz, who both present tomorrow during Paris Fashion Week, are more insulated than most Lebanese designers hit by last year's economic collapse followed by explosions and the pandemic. READ MORE

FASHION WEEK Rick Owens: A Vision of Broken Glamour By Angelo Flaccavento Once again beamed from the Lido in Venice, the show allowed Owens to hone his very own fashion lexicon while tapping the spirit of his early days. READ MORE

How Government Regulation Could Hurt Boohoo's Ambitions READ MORE

Five Ways China's E-Commerce Landscape Is Changing READ MORE

Dolce & Gabbana Has Sued Diet Prada for Defamation READ MORE

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NEWS BRIEFS Gap Forecasts Return to Sales Growth on Athleta Boost, Vaccine Roll-Out US Vice President Kamala Harris Casts Tie-Breaker Senate Vote in $1.9 Trillion Pandemic Relief Bill US Suspends Retaliatory Tariffs on UK Fashion and Textiles Most Brands Ignored or Refused to Answer New York Times' Questions About Diversity Progress Kate Spade Creative Director Nicola Glass to Exit Amazon Fashion Appoints Muge Erdirik Dogan President L'Oréal Unveils First Virtual Idol in China Shopee Owner Doubles Revenues, Plots LATAM Expansion Hong Kong's Harbour City Reports 28% Sales Drop Goldman-Backed Secondhand Clothing Retailer Thredup Files for IPO

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