Daily LInks
1. Does PE still have a taste for European fashion? The emergence of fast fashion operators has come to the detriment of established brands, with consumers increasingly going online for inexpensive apparel mass-produced in response to short-lived trends. – Read More on Yahoo
2. Estée Lauder in Talks to Buy Luxury Brand Tom Ford: Estée Lauder Cos. is in talks to buy luxury fashion brand Tom Ford, according to people familiar with the matter, in what could be a $3 billion or more deal representing the cosmetics giant’s largest-ever acquisition. – Read More on the WSJ
3. How the Higg Index, fashion’s leading sustainability tool, came under fire: The methodology was launched ten years ago by the Sustainable Apparel Coalition. Then in 2109, it was spun off as a separate tech-focused public benefit corporation, which raised $50 million in its Series B funding this April. – Read More on Modern Retail
4. Singapore Fashion Chain Charles & Keith Weighs Stake Sale, Sources Say: Charles & Keith Group Pte, a Singapore-based fashion house, is exploring the sale of roughly a 20% stake, according to people with knowledge of the matter. – Read More on Bloomberg
5. How High Tech Is Transforming Fashion: This year, thanks in part to a significant round of funding, Space Runners’ goal is rounding out both digital and physical apparel offerings and becoming the go-to marketplace for fashion brands in the metaverse by offering immersive shopping experiences online. – Read More on Elle
