Core Insights - The NYPL's Business Center is hosting events focused on the business of fashion in celebration of the 2026 New York Fashion Week [1] Group 1: Event Overview - Events are held in person and online, targeting small business entrepreneurs, start-ups, freelancers, designers, consultants, and those interested in the fashion industry [2] - The series covers various topics including strategy, research, branding, intellectual property, market research, and sustainability over three days [2] Group 2: Specific Events - "Sustainable Fashion Industry and Market Research" event provides insights into sustainable fashion, market trends, and consumer behavior in the U.S. [3] - "Importance of Intellectual Property Rights in the World of Fashion" features a discussion on trademarks, patents, and copyrights relevant to the fashion industry [4] - "Branding 101" focuses on the fundamentals of branding, including defining a company's mission, identifying target audiences, and developing a brand voice [5] - "The Luxury Fashion Consumer" aids in researching the luxury fashion sector and includes analysis of consumer insights and brand KPIs [6] - "Introduction to Intellectual Property and Fashion" teaches about protecting business assets and ideas, covering the four types of intellectual property [7]

OAKLAND, Calif., Feb. 02, 2026 (GLOBE NEWSWIRE) -- ThredUp (NASDAQ: TDUP, LTSE: TDUP), one of the largest online resale platforms for apparel, shoes, and accessories, announced today that its financial results for the fourth quarter and full year ended December 31, 2025 will be released on Monday, March 2, 2026 after the close of the U.S. markets. ThredUp will host a conference call and live webcast that day at 1:30 p.m. PT / 4:30 p.m. ET. The live and archived webcast and all related earnings materials wil ...

Core Insights - Heartland aims to establish a supply chain in India for premium hemp fibre, targeting cost reduction for manufacturers and lower emissions [1] - The company emphasizes the unique properties of hemp fibre, including its strength, breathability, UV resistance, and environmental benefits such as requiring 95% less water than cotton [2] - A partnership involving global brands aims to promote hemp as a sustainable alternative in denim production, highlighting the industry's shift towards eco-friendly materials [3][4] Company Overview - Heartland is positioned as an exporter of premium hemp fibre, focusing on providing low-cost access to US hemp fibre for Indian manufacturers [1] - The company blends hemp fibre with other materials like cotton, linen, lyocell, and bamboo to create soft, ultra-fine fabric blends suitable for various applications [2] Industry Trends - The collaboration between Fashion for Good and major brands indicates a growing interest in sustainable materials, particularly hemp, in the fashion industry [3] - The initiative aims to validate the use of hemp and green chemistry in denim production, potentially leading to a more sustainable future for the industry [4]

Core Insights - KARL LAGERFELD and AARK Developers have partnered to develop the KARL LAGERFELD Residences, a luxury beachfront project in Ras Al Khaimah, valued at over USD 1.4 billion, with completion expected in 2028 [1][3][5] Project Overview - The project will feature 663 sea view residences ranging from one to four bedrooms, including private pools for select units, 20 podium villas, 10 sky villas/penthouses, and 11 beachfront villas, each with its own private pool [3] - Amenities will include two signature cafés and restaurants, a beach club, a sky bar with an infinity pool, and a 1000ft private beach, emphasizing architectural excellence and resort-style living [3] Market Context - Al Marjan Island is positioned as a luxury hub for tourism, hospitality, and entertainment, further enhanced by the upcoming Wynn Al Marjan Island integrated resort, set to open in 2027 [4] - This project represents KARL LAGERFELD's second branded initiative in the Middle East, with a launch event planned in Dubai for Q1 of 2026 [5] Company Background - KARL LAGERFELD is expanding its presence in hospitality and branded living, with existing projects including hotels in Macau and Marbella, and residences in Dubai and Lisbon [6] - AARK Developers is recognized for its design-led approach and has delivered projects worth over AED 5 billion, focusing on quality and long-term value [10]

Core Insights - BLACK PEARL launched a new campaign as part of its Culture@ storytelling series in collaboration with Getty Images and Canon U.S.A. [1][3] - The campaign focuses on the intersection of fashion, sustainability, and cultural identity, featuring prominent cultural figures and award-winning actors [2][4] - The campaign aims to make sustainable impact more accessible and relatable through photography that highlights cultural expressions [2][5] Campaign Details - The campaign is displayed on The Midtown Financial (MiFi) building in Times Square, New York City, and will run until December 9th [3] - Getty Images captured high-end portraits of the campaign's talent using Canon's advanced imaging technology, with the images distributed exclusively through Getty Images [3][7] - The campaign was designed and produced by BLACK PEARL, with Canon U.S.A. serving as the sponsor [3] Cultural Significance - The initiative celebrates and preserves cultural diversity through sustainable fashion, documenting the stories behind cultural garments [5] - Each portrait in the campaign reflects the heritage and creative identity of the featured individuals, showcasing diverse backgrounds and narratives [6] - The campaign emphasizes that sustainability encompasses not just materials but also people, identity, and belonging [4][5] Partnerships and Support - Getty Images' involvement brings 30 years of photographic expertise to the campaign, enhancing its storytelling on a global scale [7] - Canon U.S.A. supports the initiative by providing cutting-edge imaging technology, reinforcing the importance of cultural identity and creative expression [7]

Core Viewpoint - Neo-Concept International Group Holdings Limited reported a significant decrease in revenue for the six months ended June 30, 2025, primarily due to a decline in sales of private-labelled apparel products, although there was a notable increase in retail sales of owned-branded apparel products [2][10]. Financial Performance - Revenue decreased by approximately 24.0% from HK$79.3 million (US$10.1 million) for the six months ended June 30, 2024, to approximately HK$60.2 million (US$7.7 million) for the same period in 2025 [2][10]. - Sales of private-labelled apparel products fell by 51.7% to HK$32.7 million (US$4.2 million) due to reduced demand in the USA resulting from custom policy changes between China and the USA [2]. - Conversely, retail sales of owned-branded apparel products increased by approximately 138.8% to HK$27.5 million (US$3.5 million) due to the establishment of new shops in late 2024 [2]. Expenses - Selling, general and administrative expenses rose by approximately 48.33% from HK$15.9 million (US$2.0 million) for the six months ended June 30, 2024, to approximately HK$23.5 million (US$3.0 million) for the same period in 2025, driven by increased staff costs, legal fees, and amortization of acquired trademarks [3]. - Other income, primarily from agency fees, decreased by approximately 47.1% from HK$2.4 million (US$0.3 million) to HK$1.2 million (US$0.2 million) due to a decline in sales activity of a related party in the UK [4]. Net Income and Earnings Per Share - Net income increased by approximately HK$0.6 million to approximately HK$2.0 million (US$0.3 million) for the six months ended June 30, 2025, compared to HK$1.4 million for the same period in 2024, attributed to an increase in gross profit [6][10]. - Basic and diluted earnings per share were approximately HK$0.50 (US$0.06) for the six months ended June 30, 2025, compared to HK$0.37 for the same period in 2024 [7].

Core Insights - The Giving Movement has appointed Rania Masri El Khatib as CEO, aiming for aggressive regional and international expansion [1][2] - Masri El Khatib has over two decades of experience in the retail sector, including launching Level Shoes, and will focus on strengthening the brand's operational foundation [2][3] - The GCC luxury fashion sector grew by 10% in 2023, significantly outpacing the global average growth rate of 4% [3] Company Developments - The appointment of Masri El Khatib is seen as a pivotal moment for The Giving Movement, which has rapidly become a regional success since its launch in 2020 [2] - The brand is backed by regional growth investors, including Turmeric Capital and Knuru Capital, who express confidence in the new leadership and market timing [4][5] - The brand's growth and impact are viewed as extraordinary, with expectations that it will become one of the region's defining success stories under Masri El Khatib's leadership [5] Industry Context - Saudi Arabia has launched an $80 million fund to support regional brands, indicating growth capital opportunities for companies like The Giving Movement [4] - The leadership change aligns with strong momentum in the regional fashion retail market, which saw a 7% increase in the first quarter of 2024 [3]

Core Insights - AltMat has successfully closed a significant funding round, attracting investments from notable entities including Rainmatter by Zerodha, H&M Group, Turbostart, and Fashion for Good, marking H&M Group's first investment in material innovation in India and Rainmatter's entry into textiles [1][2] Company Overview - AltMat is a materials science company that transforms agricultural residue into natural textile fiber, addressing both agricultural waste and textile pollution [2] - The company has progressed from lab-scale to pilot and then to industrial-scale production over the past seven years, gaining traction with global value chain partners and brands [2] Product Offering - AltMat's flagship product, Altag, is a natural cellulose fiber made entirely from agricultural residue, such as leftover stems from food crops, which matches the performance of conventional fibers while minimizing environmental impact [4] Investment and Growth Strategy - The recent investment round is expected to propel AltMat into its next phase of growth, leveraging the expertise of its investors, which include Rainmatter, Turbostart, H&M Group, and Fashion for Good [4] - Rainmatter, the investment fund of Zerodha, brings significant financial backing, while Turbostart adds entrepreneurial depth and financial strength to the venture [4] Industry Impact - The textile industry has a substantial environmental footprint, consuming billions of metric tons of hazardous fibers annually, and AltMat's intellectual property aims to convert agricultural waste into scalable, sustainable fibers [4] - AltMat is positioned as a pioneer in shaping the future of sustainable fashion infrastructure, with a strong belief in the coexistence of impact and profitability [3][4]

Company Overview - ThredUp Inc. is one of the largest online resale platforms for apparel, shoes, and accessories, transforming resale with technology and a mission to inspire the world to think secondhand first [2] - The company has processed over 200 million unique secondhand items from 60,000 brands across 100 categories, promoting a more sustainable future for the fashion industry [2] Upcoming Events - CEO James Reinhart and CFO Sean Sobers will participate in the 8th Annual Wells Fargo Consumer Conference on September 17, 2025, from 9:30 AM to 10:05 AM PT [1] - The event will be webcast live on ThredUp's investor website, with a replay available for 30 days following the event [1] Business Model - ThredUp's proprietary operating platform includes distributed processing infrastructure, proprietary software, systems, and data science expertise, supporting its managed marketplace [2] - The company offers a Resale-as-a-Service model, allowing leading brands and retailers to leverage its platform for customizable and scalable resale experiences [2] Consumer Benefits - Sellers benefit from an easy process to clean out their closets and unlock value, either for themselves or for charity, while contributing to environmental sustainability [2] - Buyers can shop for premium and luxury brands at discounts of up to 90% off estimated retail prices [2]

Core Insights - ThredUp Inc. reported strong second quarter performance driven by significant customer and order growth, with a notable increase in new buyer acquisition [3][4] - The company raised its full year 2025 financial outlook, expecting record revenue and improved adjusted EBITDA margins [4][5] Financial Highlights - Revenue for Q2 2025 reached $77.7 million, a 16% increase year-over-year [5] - Gross profit was $61.7 million, reflecting a 17% year-over-year increase, with a gross margin of 79.5% compared to 78.8% in Q2 2024 [5] - Active buyers increased to 1.47 million, a 17% growth year-over-year, with new buyer growth at 74%, marking the best quarter for new buyer acquisition in ThredUp's history [4][5] Financial Outlook - For Q3 2025, ThredUp anticipates revenue between $76.0 million and $78.0 million, representing a 25% year-over-year increase at the midpoint [5] - The company expects a gross margin between 77.0% and 79.0% and an adjusted EBITDA margin of approximately 4.5% for Q3 2025 [5] - For the full fiscal year 2025, revenue is projected to be between $298.0 million and $302.0 million, a 15% year-over-year increase at the midpoint [5] Operational Metrics - ThredUp recorded 1.54 million orders in Q2 2025, a 21% increase year-over-year [5] - The company ended the quarter with cash and cash equivalents, restricted cash, and marketable securities totaling $56.2 million, up $0.8 million from the previous quarter [4][5] Balance Sheet Overview - As of June 30, 2025, total assets were $173.6 million, with total liabilities at $113.4 million, resulting in stockholders' equity of $60.2 million [10][11] - Current assets included cash and cash equivalents of $40.97 million and marketable securities of $6.61 million [10] Cash Flow Insights - For the first half of 2025, net cash provided by continuing operating activities was $6.1 million, compared to $0.25 million in the same period of 2024 [17][21] - Non-GAAP free cash flow from continuing operations for the first half of 2025 was $993,000, a significant improvement from a negative $1.72 million in the prior year [21] Business Model and Strategy - ThredUp is focused on transforming the resale market through technology, aiming to inspire consumers to consider secondhand options first [22][23] - The company has processed over 200 million unique secondhand items, emphasizing sustainability in the fashion industry [23]