“`html
Photo: Prashanth Vishwanathan/Bloomberg via Getty Images
Here are the latest developments in the fashion world this Friday.
Levi’s Commits to Pakistan Accord
On Thursday, Levi’s officially joined the Pakistan Accord, a binding agreement aimed at ensuring safe working environments for garment workers in factories across Pakistan. Emily Stochl, vice president of advocacy for Remake—an organization that has long advocated for Levi’s participation—stated, “The signing of the Pakistan Accord by Levi’s represents a pivotal moment for American brands taking responsibility to safeguard their workforce.” {Fashionista inbox}
The Career Evolution of Clare Waight Keller
Clare Waight Keller, renowned designer behind Meghan Markle’s wedding gown and now serving as creative director at Uniqlo, made an unexpected transition into mass-market fashion last September. In a recent interview with Laura Neilson from The New York Times, she shared insights on her calculated career moves, balancing motherhood with the demands of the fashion industry, and her focus on creating timeless and affordable essentials (which have also been worn by the Duchess). {The New York Times}
Nike Faces Challenges Under New Leadership
Elliott Hill took over as CEO of Nike on Monday amid various challenges including increased competition, dwindling interest in retro styles, and an oversaturated market. Although Nike remains a top choice among U.S. teenagers for footwear, its appeal has diminished within wholesale and secondhand markets. This trend suggests that innovation is crucial for Nike to maintain its competitive edge against emerging brands. {Business of Fashion/paywalled}
Investment Hurdles for Black-Owned Beauty Brands
This year alone, Black consumers have invested $9.4 billion in beauty products; however, Black-owned beauty companies have only secured $16 million—or 5.36%—of total funding available within the industry. Tendai Moyo, founder of Ruka Hair, expressed concerns about this disparity: “There’s a disconnect between our research-driven approach and what investors expect regarding quick commercial success,” he explained to Vogue Business.. “We are pressured to meet financial targets before receiving support; without that support it creates an endless cycle.” {Vogue Business/paywalled}
Pioneering Women Scientists Discuss Industry Changes
A panel featuring five prominent female scientists from leading companies such as Procter & Gamble, L’Oréal , and Estée Lauder convened recently to discuss their groundbreaking careers along with future advancements in beauty technology during a session hosted by WWD.. For more details on their discussion about obstacles faced by women in STEM fields and what their work truly signifies read more here: WWD .{WWD }/paywalled}}
The Trend Towards Underconsumption: A Double-Edged Sword?
Sustainability advocates express concern that the latest online phenomenon known as “underconsumption-core” may contradict its original intent focused on mindfulness around consumption habits . Initially stemming from “de-influencing,” this movement often translates into another form of consumerism where individuals are encouraged simply to choose one product over another rather than genuinely reducing overall consumption levels . Véronique Hyland from < em >Elle em > weighs both sides alongside experts Aja Barber & Andrea Cheong . { }
< u >< strong >< span style ='color:#000000;' >< em>Tune into Fashionistas Network join conversations led by leaders within fashion beauty industries sign up here.< / em >
Source:
< u >< span style ='color:#007bff;' >< a target='_blank' rel='noopener noreferrer' title=''href = ' https ://f.chat/S522 '>FashionistA article link here.< / a >/ u >
“`
