These are the tales making headlines in trend on Tuesday.
Zalando acquires majority stake in Highsnobiety
On Monday, European on-line trend retailer Zalando introduced it had taken a majority stake in Highsnobiety. Based on a press launch, “the 2 corporations… will leverage one another’s complementary strengths by bringing collectively Highsnobiety’s cultural relevance and perception, trend authority and storytelling experience with Zalando’s trend community, e-commerce know-how and operational capabilities.” In a press release, Highsnobiety founder and CEO David Fischer stated: “Highsnobiety has mastered the artwork of turning tales into merchandise and merchandise into tales. I am very excited to carry our capabilities to Zalando’s dedication in the direction of trend inspiration and collectively reimagine the way forward for content material and commerce. Equally, I am thrilled to faucet into Zalando’s unmatched experience in scaling e-commerce platforms and produce my lifetime’s ardour work to the following stage.” {Fashionista Inbox}
How the moral trend motion modified coverage
For Atmos, Whitney Bauck reviews on how California’s SB-62, also called the Garment Employee Safety Act, set a precedent for laws and coverage that units out to meaningfully handle the style trade. She writes: “Whereas advocates involved with the trade’s deleterious influence on human rights and the atmosphere spent a long time trying to make use of boycotts and client actions to impress change, the passage of SB62 is indicative of a shift in angle that appears more and more to coverage and regulation as a substitute. The Trend Act, a invoice in New York, is one other invoice aimed toward making the style trade extra accountable within the U.S., whereas different rules throughout Europe and Asia wish to make it more durable for manufacturers to evade accountability elsewhere.” {Atmos}
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