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Business|ANALYSIS

Has the post-fast fashion era already begun? Five models reinventing profitability in textiles

The wave of insolvencies sweeping through French textile retail marks the end of an economic model based primarily on volume. This is characterised by mass store closures, with nearly 3,000 mid-market shops shutting in five years, and a cumulative increase in raw material costs estimated at over 70 percent. The model also relied on customer...

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Fashion

Farfetch launches ‘pre-order’ to minimise fashion waste

Luxury e-commerce platform Farfetch is launching ‘pre-order’, a new service providing consumers with “early access” to the newest products throughout the season. ‘Pre-order’ aims to minimise fashion waste by only making what has been already sold and will initially launch with 10 brands, including Nanushka, Balenciaga, Khaite, Off-White, Palm...

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