1. The 17 Fashion Items That Defined 2020: Forget the runways; what did people actually buy and wear? From Telfar’s “it” Shopping Bag and Michelle Obama’s “Vote” necklace to Hill House Home’s nap dress (which reportedly raked in $1 million in sales in a matter of hours) and Marine Serre’s moon prints. – Read More on Vogue
2. Female founders under fire: Are women in the startup world being unfairly targeted? Tyler Haney of activewear startup Outdoor Voices; Steph Korey of luggage company Away; Christene Barberich of women’s digital publication Refinery29; Yael Aflalo of fashion brand Reformation; Jen Gotch of retailer Ban.do; Shannon Spanhake of workplace-benefits platform Cleo; and co-working space The Wing’s Audrey Gelman were all ousted from their companies in 2020. – Read More on Fortune
3. Bankrupt Ann Taylor Owner Gets Green Light for Sale Despite DOJ Objection: The approval of the sale came despite the Justice Department’s Office of the U.S. Trustee, the federal government’s bankruptcy watchdog, raising objections during the hearing about the quick sale to Sycamore without a bidding process or bankruptcy auction. – Read More on the WSJ
4. RELATED READ: Chapter 11, Liquidation & Individuals’ Cases: A Fashion/Retail Bankruptcy Primer. While Chapter 11 is one of the most commonly-utilized forms of bankruptcy, it is not the only type of proceeding, and it is not necessarily clear to most brands and retailers what the process actually entails. – Read More on TFL
5. The five most influential fashion designers you’ve never heard of: For much of history, making clothes was one of the few socially acceptable professions for women. But female workers were often doing the most dangerous, back-breaking work. – Read More on Fast Co.
6. The handbag proves fashion’s great survivor: “Even during lockdown when people aren’t using bags every day, the market for vintage handbags was booming.” At the same time, while store closures and economic uncertainty have hit the fashion industry hard – net profits at luxury giant LVMH fell by 84% during the first half of 2020 – demand for classic handbags has proved resilient. – Read More on the Guardian
7. Burberry will be donating leftover fabrics to fashion students: Those colleges will be able to select the fabric they would like to receive. Crucially, the fabric is all non-IP, meaning that there is nothing to identify it as Burberry cloth: no checks, no logo. It means the students receiving the fabric won’t be making an identifiably Burberry garment, they’ll be making their own garment. – Read More on i-D