Circular Fashion
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Leandra Medine Cohen Sells Her Closet on eBay
Prnewswire· 2025-12-11 14:00
The renowned fashion writer and tastemaker is selling more than 30 pieces from her personal archive, including an iconic 2010s Dolce & Gabbana slip dress and a pair of Tom Ford 'Whitney' heels A pioneering voice in fashion media, Medine Cohen has shaped how people express individuality through style — an influence that she now shares through her collection on eBay. These pieces spotlight some of her most defining looks across the years, from a sheer Dolce & Gabbana dress she purchased early in her career to ...
French Retailer Kiabi Joins Denim Deal
Yahoo Finance· 2025-12-04 18:45
Denim Deal is making inroads in France. The industry-leading initiative committed to standardizing circular practices in denim production announced that French brand Kiabi is has joined the collective. The retail brand announced its membership during Circular Fashion Week, taking place Dec. 4-5 at the CCI Grand Lille. More from Sourcing Journal Kiabi said its membership confirms its trajectory to “move beyond isolated initiatives and embrace a collaborative, ambitious and technically demanding European d ...
24/7 Market News- Kraig Labs Spider Silk Poised to Lead the Sustainable Textile Revolution
Globenewswire· 2025-10-17 12:45
Core Insights - Circular fashion is gaining traction as an ethical necessity and a significant economic opportunity within the $1.5 trillion global apparel industry [1][2] - The circular fashion market is projected to exceed $200 billion by 2030, driven by consumer demand, ESG mandates, and regulatory changes [2] - Kraig Biocraft Laboratories is positioned to lead this transformation with its biodegradable spider silk technology [1][3] Industry Overview - The circular fashion model aims to eliminate 92 million tons of textile waste produced globally each year [2] - Governments and major fashion brands are accelerating their sustainability efforts, aligning with circular economy principles [2][7] - The luxury fashion market is expected to surpass $330 billion by 2030, with sustainable fashion growing faster than the overall industry [6] Company Positioning - Kraig Labs' spider silk is a renewable and biodegradable alternative to synthetic fibers, offering superior strength and elasticity [3][4] - The company utilizes existing silk production infrastructure to create a scalable supply chain for spider silk, enabling apparel brands to replace unsustainable materials [5] - Kraig Labs has a strong intellectual property portfolio and is ramping up commercial-scale production to meet the demand for sustainable textiles [7] Economic Potential - A mere 0.5–1% share of the luxury market using spider silk could yield annual sales between $1.25 billion and $3.3 billion [8] - The synthetic spider silk market is projected to reach $7 billion by 2030, with apparel applications potentially accounting for $1.4–$2.1 billion [8] - Circular fashion principles facilitate take-back programs and closed-loop recycling, enhancing the sustainability narrative and lifecycle economics [6] Strategic Opportunities - Kraig Labs is forming strategic partnerships with eco-luxury brands seeking sustainable alternatives [14] - There is a growing institutional interest in ESG-aligned textile supply chains, driven by rising consumer demand for biodegradable clothing [14]
eBay Puts Circular Fashion on Runways Around the World
Prnewswire· 2025-09-10 13:00
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]
MySize Inc. Acquires Key Assets of Percentil: Expanding into Circular Fashion and Re-Commerce
Prnewswire· 2025-05-12 13:49
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].
eBay Appoints Brie Welch as Resident Stylist and Debuts 'eBay Watchlist' Trend Report
Prnewswire· 2025-05-01 13:00
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]