Ukraine’s Fashion-Tech Community Adapts to War

China's Covid Outbreak, Vestiaire Collective Buys Tradesy, Ralph Lauren's HBCU-Inspired Collection

WHAT YOU NEED TO KNOW TODAY: WEDNESDAY, MARCH 16, 2022 The war has upended Ukraine's thriving fashion tech sector, but start-up founders say they're finding ways to keep operating while protecting employees. China's worst Covid outbreak since the pandemic's start threatens to hurt luxury sales in the country and inject fresh chaos into global supply chains. Vestiaire Collective is acquiring Tradesy, the latest example of consolidation in the resale category. Ralph Lauren will release a collection inspired by fashion at historically Black colleges in the early 20th century. Chinese beauty brands are hoping the success they've found in their home market will translate to other areas in Asia, as well as the Western world.

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TECHNOLOGY How Ukraine's Fashion-Tech Community Is Adapting to War By Marc Bain

Ukraine's strength in technology and creativity have led to a burgeoning fashion-tech sector. The Russian assault has now put its future at risk. READ MORE

CHINA China's Covid Outbreak Prompts Fears of More Supply Chain Disruptions By Casey Hall and Tamison O'Connor

The country is reporting its highest caseloads since the start of the pandemic, and whole regions are locked down, sending shudders through a still fragile global supply chain. READ MORE

LUXURY Vestiaire Collective Is Buying Resale Platform Tradesy By Chavie Lieber The acquisition comes amid a wave of consolidation in the category. READ MORE

LUXURY Ralph Lauren Unveils Collection for HBCUs Morehouse and Spelman By Sheena Butler-Young The brand aims to honour the contributions of Black students to American collegiate style by drawing inspiration from fashion worn at historically Black colleges from 1920 to 1950. READ MORE

C-Beauty Brands Set Their Sights on Global Success READ MORE

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NEWS BRIEFS Hermès to Open Two New Leather Workshops in France UK Hits Russia With New Sanctions on Luxury Goods H&M Sales Soar but Shares Slip on Wider Ukraine Impact Concern Gold Near Record High Deters Some Indian Buyers From Jewellery Shopping Esprit Flags its First Profit in Five Years

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