Can Fashion Quit the World’s Dirtiest Fossil Fuel?

Christopher Kane to Appoint Insolvency Administrators; Shayne Oliver Steps Down Exits Design Duties at Hood By Air

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WHAT YOU NEED TO KNOW TODAY: THURSDAY, JUNE 22, 2023 H&M and Puma are among the brands pushing to rid their supply chains of coal by 2030. Shayne Oliver has stepped back from design duties at luxe streetwear pioneer Hood By Air. The styling game Drest raised funding as the market for fashion gaming grows increasingly crowded. London-based label Christopher Kane has appointed insolvency administrators.

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SUSTAINABILITY Can Fashion Quit the World's Dirtiest Fossil Fuel? By Sarah Kent

Companies like H&M and Puma are pushing to get coal out of their supply chains by the end of the decade. READ MORE

LUXURY Shayne Oliver Exits Design Duties at Hood By Air, Forms New 'Corporation' By Robert Cordero

The New York creative often credited with pioneering luxury streetwear has stepped away from design duties at the brand he founded, though he remains a shareholder. From his new base in Berlin, Oliver is focused on a constellation of projects under the nascent Shayne Oliver Group. READ MORE

TECHNOLOGY A Fashion and Gaming Veteran Looks To Its Next Phase By Marc Bain The fashion styling game Drest, which launched before gaming was on most of the industry's radar, has new funding and plans to expand its features and reach. READ MORE

LUXURY Christopher Kane to Appoint Insolvency Administrators By Tamison O'Connor and Sarah Kent The brand will appoint insolvency firm FTS Recovery to help secure an investor to refinance its debt or find a buyer for the business. READ MORE

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