Latest Fashion News
Saks reportedly prepares possible Chapter 11 bankruptcy filing in the US
Saks is exploring a potential **Chapter 11 bankruptcy filing** that could come as soon as Sunday, amid mounting financial pressures and a challenging luxury retail landscape. A restructuring would seek to keep operations running while the company negotiates with creditors, underscoring how even long‑established department stores are struggling to adapt to post‑pandemic consumer and ecommerce shifts.
Shein expected to file confidentially for Hong Kong IPO
Ultra‑fast‑fashion giant **Shein** plans to submit a **confidential filing for an IPO in Hong Kong**, possibly as early as this week, according to sources cited by Reuters. The move follows regulatory and political scrutiny around its earlier New York ambitions and would mark one of the most closely watched fashion listings, with investors focused on Shein’s growth, supply‑chain practices, and profitability.
AI and automation poised to reshape fashion’s global workforce
Industry analysis highlights how **AI is rapidly transforming fashion jobs**, from design and merchandising to supply‑chain planning and customer service. Automation is expected to shift skill demands toward data, 3D design, and AI‑assisted creativity, forcing brands to rethink training, hiring, and ethics around workforce displacement and algorithmic decision‑making.
Technology trends set to redefine fashion in 2026
Reports on **tech trends in fashion** identify AI‑driven design tools, virtual try‑on, and advanced analytics as core drivers of competitiveness in 2026. These technologies are changing everything from product development and inventory management to how consumers discover, personalize, and purchase clothing across digital and physical channels.
Luxury fashion urged to accelerate deep sustainability transformation
A new **Square Management study** finds that the luxury sector, with €364 billion in 2024 sales, holds a strategic role in the ecological transition but faces raw‑material scarcity and tighter regulation. The report argues that incremental changes are no longer enough and urges luxury brands to move up the circular‑economy “9Rs” ladder—from basic recycling to **reducing production, on‑demand models, and regenerative agriculture investments** such as those by Kering and mission‑driven initiatives at Chloé.
SSENSE backs founder‑led bid in restructuring process
Canadian luxury e‑commerce player **SSENSE** announced that a **founder‑led bid** has been selected in its court‑supervised Sale and Investment Solicitation Process (SISP). The decision signals an intent to keep strategic control anchored with the founding team as the company navigates capital needs, competitive pressures, and the evolving online luxury marketplace.
Pacsun launches PS Community Hub to merge culture, creators, and commerce
US retailer **Pacsun** is rolling out a **PS Community Hub**, a new shoppable digital platform designed to fuse creator‑driven content with commerce and community features. The initiative aims to deepen engagement with Gen Z by enabling influencers and customers to interact, co‑create style narratives, and shop directly through the app, reflecting a broader shift toward social‑commerce ecosystems in fashion.
Circular‑economy boom: clothing and textile recycling market forecast to hit $20.2B
New market research projects the **global clothing and textile recycling market** will reach **USD 20.2 billion by 2031**, up from about USD 13.6 billion in 2024, driven by circular‑economy and sustainability initiatives. Brands and regulators pushing recycling, upcycling, and extended producer responsibility schemes are expected to fuel demand for textile‑recovery technologies and services across the fashion value chain.
Dreame showcases AI‑powered hair‑care devices at CES, blurring beauty–tech lines
At **CES 2026**, Dreame Technology unveiled an **AI‑powered Pilot 20 hair dryer with dual robotic arms** and other smart beauty devices, signaling further convergence between beauty, tech, and fashion‑adjacent categories. These tools use sensors and algorithms to tailor heat and airflow for proactive hair care, reflecting consumer appetite for high‑tech grooming products that complement fashion and personal‑style choices.
Vivienne Westwood and Rei Kawakubo to be paired in major exhibition in Australia
The National Gallery of Victoria is preparing a **blockbuster exhibition pairing Vivienne Westwood and Rei Kawakubo**, two of fashion’s most influential avant‑garde designers. The show will examine their radical approaches to form, politics, and subculture, underscoring how museum‑scale fashion exhibitions continue to shape cultural narratives and brand legacies.
Hello Kitty turns 50, sparks new fashion and beauty collaborations
Global pop‑culture and fashion icon **Hello Kitty** is celebrating its **50th anniversary**, prompting new capsule collaborations, including a beauty line from Milucca by Super‑Pharm featuring bow‑themed brushes, bags, and accessories. The milestone highlights the enduring power of character licensing in fashion, where nostalgia and cross‑generational appeal drive sales of apparel, beauty, and lifestyle products.
Israeli digital‑native brand SEESTARZ opens flagship physical store
Israeli fashion label **SEESTARZ**, founded by sisters Daniela and Alona Tzur, has opened its first **flagship store at Big Fashion Glilot** after growing as a digital brand and selling a 51% stake to Terminal X in 2022. The store’s custom interior, blending New York‑inspired urban chic with European boutique cues, illustrates how influencer‑founded labels are investing in experiential brick‑and‑mortar to complement online success.