1. Shoemaker Allbirds reportedly in talks with banks for IPO as public market heats up: Consumer-facing brands such as Jessica Alba’s Honest Company are now readying a debut. The eyeglass retailer Warby Parker and Panera’s parent company JAB Holdings are also reportedly looking to go public amid mounting investor enthusiasm post-pandemic for retail and restaurant brands. – Read More on CNBC
2. Why Patagonia, Gucci, and Timberland are making a big bet on farming: Kering, which owns Gucci, Balenciaga, and other luxury brands, has launched a regenerative fund together with Conservation International. It plans to transform a million hectares of farmland that produce raw materials for fashion to use regenerative-agriculture methods in five years. – Read More on Fast Co.
3. Changing fashions: Retailers are dealing with deadstock more openly. Prior to the pandemic, retailers tended to over-order on seasonal buys, selling half at full price while the rest is discounted in end-of-season sales to attract a lower-price customer. For both fast fashion and couture clothing production, it is cheaper to double volumes with a factory and deal with excess later. – Read More on Fortune
4. RELATED READ: LVMH Has Partnered with a Deadstock Startup to Offer Up its Brands’ Excess Textiles. LVMH is getting into the resale business – albeit not by way of pre-owned garments and accessories but in the form of deadstock materials from its roster of luxury brands. – Read More on TFL
5. How Far Away Are We From Downloading Our Clothes? We’re not quite there yet. Today, 3D printers are available for at-home hobbyists, but cost thousands of dollars and require advanced computer know-how. Not to mention, they use plastic to print which can be extremely harmful, particularly to sea life and ocean environments. – Read More on R29
6. Maxine Bédat Urges the Fashion Industry to Make a Change Now, Not in 2030: “Futuristic” circular solutions—the kind built on recycled materials or future recyclability—are getting significant buzz, but they truly are of the future. Right now, there are actually no scalable solutions for turning most of our old clothes into new ones. – Read More on Vogue