Circular Fashion Gains MomentumDENVER, Oct. 17, 2025 (GLOBE NEWSWIRE) -- 247marketnews.com, a pioneer in digital media dedicated to the swift distribution of financial market news and information, reports that, as the fashion industry confronts mounting pressure to overhaul its wasteful practices, Circular Fashion is emerging as both an ethical mandate and a massive economic opportunity. Kraig Biocraft Laboratories (OTCQB: KBLB), the undisputed global leader in the development and commercialization of spide ...

Core Insights - The eBay Endless Runway initiative is gaining momentum as over a dozen leading designers from major fashion capitals are incorporating pre-loved fashion into their S/S2026 runway shows [1][2] - eBay aims to showcase the potential of circular fashion on the industry's biggest stages, partnering with major fashion councils and designers [3] Market Overview - The pre-loved and resale apparel market reached $256 billion in 2025, with projections exceeding $356 billion by 2029 [3] - eBay's initiative represents a significant endorsement from top fashion ranks, supporting the mission of promoting circularity and sustainability in fashion [3] Event Details - eBay will host live, shoppable Endless Runway shows in New York and London, allowing viewers to shop in real-time and participate in the circular economy [3][4][5] - The New York show will feature pre-loved looks from designers like Altuzarra and Eckhaus Latta, with proceeds benefiting the CFDA Foundation [4] - The London show will showcase designs from prominent names at LFW, with proceeds supporting the BFC Foundation [5] Participating Designers - Designers participating in the initiative include Moschino, Eckhaus Latta, Conner Ives, and others from New York, London, Milan, and Paris [2][7]

Core Viewpoint - MySize, Inc. has acquired key assets of Percentil, a second-hand fashion marketplace, to enhance its B2B and B2C portfolio and align with upcoming EU regulatory requirements for sustainable fashion [1][9]. Company Strategy - The acquisition aims to reposition Percentil as a premium marketplace focused on higher-value items, reflecting consumer demand for quality and sustainability [3][4]. - MySize's strategy emphasizes building a profitable, scalable, and sustainable circular fashion business from the outset, prioritizing cash-efficient scaling and EBITDA-positive returns [4][5]. Financial Details - The total transaction value for the acquisition is approximately €610,000 (about $679,000), including a cash payment of €40,000 (approximately $44,500) and the assumption of liabilities totaling around €570,000 (approximately $634,500) [4]. - MySize anticipates that the Percentil business unit will generate $1.5 million in revenues in the second half of 2025, representing a projected 25% increase in total revenue [4]. Market Positioning - The acquisition is strategically timed to align with EU regulations requiring brands to implement reuse and recycling frameworks, positioning Percentil as a key partner for fashion brands [9][10]. - The total addressable market for second-hand and circular fashion in Western Europe is projected to exceed $25 billion by 2027 [6]. Integration and Synergies - MySize plans to integrate its proprietary AI technology into Percentil's platform to optimize pricing, enhance product recommendations, and improve operational efficiency [8]. - The acquisition creates synergies with existing MySize portfolio companies, such as Naiz Fit and Orgad, to enhance logistics and reduce returns [7]. Operational Assets - MySize acquired select operational assets from Percentil, including a central warehouse, quality control systems, and a stock of over 120,000 quality-vetted garments [12].

Core Insights - eBay is enhancing its focus on pre-loved fashion through the launch of the eBay Watchlist, which is informed by shopper data and trends identified by fashion authority Brie Welch [1][2][4] - The cultural shift towards pre-loved fashion is significant, with nearly 40% of clothing, shoes, and accessories sold on eBay in 2024 being categorized as pre-loved [2] - eBay aims to promote circularity in fashion, encouraging consumers to engage with the circular economy and making pre-loved fashion a mainstream choice [4][5] Company Overview - eBay Inc. is a global commerce leader that connects buyers and sellers across more than 190 markets, enabling $75 billion in gross merchandise volume in 2024 [7] - The company has been operational for 30 years, focusing on refreshing wardrobes and facilitating the exchange of items [5] Fashion Trends - **Modern Bohemia**: A rise in romantic bohemian styles, with searches for classic fringe bags up 41% and Penny Lane jackets up 44% [8] - **Well Suited**: Power dressing is resurging, with searches for "cinched blazer" and "oversized suit" increasing by 209% and 87% respectively [8] - **Function First**: Utilitarian fashion is gaining popularity, with searches for "barrel jeans" up 130% [8] - **Dyed in Dusk**: Pastel tones and playful details are trending, with butter yellow dresses seeing a 656% increase in searches [8] - **Blue Hues**: Denim remains a favorite, with searches for "jeans from Japan" and "selvedge denim" up 68% and 46% respectively [8]