Image: Moda Operandi

1. ‘Angels’ in Hell: The Culture of Misogyny Inside Victoria’s Secret. A Times investigation found widespread bullying and harassment of employees and models for decades by one of the top executives at L Brands, the parent company of Victoria’s Secret, who “tried to kiss models, asked them to sit on his lap,  touched one’s crotch ahead of the 2018 Victoria’s Secret fashion show.” – Read More on the New York Times 

2. Brexit is here. What’s next for fashion? The fashion sector in the UK, built on duty-free access to the EU, is facing the risk of export tariffs into its biggest trading partner from 2021 onward. – Read More on Vogue Biz 

3. Moda Operandi, an online marketplace for high-end fashion, raises $100M led by NEA and Apax: Moda Operandi, an online marketplace that specializes in right-off-the-runway luxury fashion, accessories and home decor, is today announcing a high-priced event of its own: it’s raised $100 million. – Read More on TechCrunch 

4. Nike prototype Vaporfly shoe banned but current version going to Olympics: Nike Vaporfly shoes used to run the world’s first sub-two hour marathon will be banned from professional sport under a landmark decision on Friday that also allows currently sold versions of the high-tech shoes to be used in the Olympics. – Read More on Reuters

5. RETRO READ: Nike’s Move in the “Race for a Breakthrough Foam?” The Vaporfly 4%, a Sneaker that Makes Athletes Run “Too Fast.” – Read More on TFL

6. Underground Designers Thriving in Iran’s Fashion Market: In the past ten years or so, with the advent of social media that allowed underground designers to showcase their creations and share them with others, underground fashion has experienced a boom. – Read More on Radio Farda 

7. Luxury Brands Fear Sales Hit as Chinese Shoppers Stay Home: The industry’s most important clientele, Chinese consumers are quarantining themselves at home and canceling trips abroad, where they often splurge on Louis Vuitton, Gucci, Cartier and other high-end brands. In Paris, luxury boutique staff are reporting a sharp drop in Chinese shoppers.