Mugler’s Bet on Inclusive Luxury

Why the Bangladesh Accord Is Falling Apart

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, MAY 27, 2021 Casey Cadwallader's inclusive vision is driving momentum at L'Oréal-owned Mugler. The Bangladesh Accord is due to expire next week, ending one of fashion's most effective and only binding safety commitments. Shein is reportedly preparing for an IPO after a new round of financing valued the fast fashion retailer at nearly $47 billion. Authentic Brands Group, owner of Forever 21 and Brooks Brothers, is reportedly set to go public later this year.

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LUXURY Can Mugler Make Inclusive Luxury A Business Success? By Robert Williams Under Casey Cadwallader, Mugler is back in the spotlight. Speaking to BoF, the designer breaks down his strategy for reviving the brand and how he plans to make his inclusive vision stick. READ MORE

SUSTAINABILITY Why a Landmark Agreement to Protect Garment Workers Risks Falling Apart By Rachel Deeley

After the Rana Plaza disaster, hundreds of brands signed the Bangladesh Accord, a highly effective binding commitment on safety many labour groups had hoped could serve as a template elsewhere. With the Accord due to expire next week, its legacy hangs in the balance. READ MORE

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NEWS BRIEFS Gap and Walmart Team Up for Home Collection Report: Forever 21 Owner Authentic Brands Plans IPO This Year Amazon Warehouse Workers Push for Changes at Annual Meeting Kering to Reduce Puma Stake Further With $1 Billion Sale Michael Kors To Show During NYFW Capri Holdings Forecasts Annual Revenue Above Expectations M&S' Annual Profit Slumps 88% As Covid Crushes Clothing Sales China's Pinduoduo Beats Quarterly Revenue Estimates Reports: Shein Prepares for IPO as Valuation Nears $47 Billion Coty Names Andrew Stanleick as CEO of Kylie Jenner Beauty Brands

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Bottega Veneta Is Hiring Opportunities at Bottega Veneta include a Global Client Engagement Coordinator and a Senior Merchandiser in Milan, as well as an Operations Manager in Mexico City among others.  Helmed by CEO Bartolomeo Rongone since 2019 and under the creative direction of Daniel Lee since 2018, Bottega Veneta offers menswear, womenswear, accessories and homeware. Last year, the Kering-owned brand generated sales north of €1.2 billion. VIEW JOBS

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