Daily LInks
1. Global Fashion Bets 2020’s Online Shopping Boom Is Set to Last: The shift toward ordering shoes and clothes over the Internet is so strong that online retailers benefit, even as the wider fashion market shrunk by about one-fifth last year with many would-be shoppers locked in at home. – Read More on Bloomberg
2. The U.S. banned Xinjiang cotton imports because of forced labor. Textile workers face abuses in other countries, too: While the forced labor issue in Xinjiang represents an extreme case of abuse, labor rights violations are common in apparel supply chains. The rise of “fast fashion” has intensified pressures on workers in developing countries, as brands compete to deliver the newest styles quickly and affordably. – Read More on Washington Post
3. 10% of the World’s Carbon Emissions Are Made by the Fashion Industry: Most U.S. industries, like automotive factories and energy manufacturers, are at least somewhat regulated to reduce emissions. This isn’t true of fashion. – Read More on Surface
4. Are trends no longer in fashion? “Customer habits over the course of last year have changed dramatically. We noticed a shift away from trend-driven items and a move into more timeless product. Our customers are shopping with a purpose and showing their interest in brands and projects which are more inclusive and diverse, sustainable and charitable.” – Read More on Yahoo
5. 82 Million Households Streamed ‘Bridgerton.’ Now, Fashion Brands Can’t Keep Corsets in Stock” Since Bridgerton’s debut in December, LTK has seen a 1,900% week-over-week increase in people searching for “Bridgerton” fashion, a 25,000% increase in people searching for “nap dresses,” a 3,900% increase in searches for silk dresses, a 1,000% increase in searches for embroidery and a 1,000% increase in searches for corsets. – Read More on Entrepreneur
6. Shein: Is China’s Mysterious $15 Billion Fast Fashion Retailer Ready for Stores? The U.S is now Shein’s largest market, while it also ships to 220 countries, with websites for Europe, the Middle East, Australia, and the U.S. Rapid growth has been propelled by a series of funding rounds. – Read More on Forbes
