Articles by Weixin Zha
Over 1 billion dollars - that’s how much sneaker companies raised in 2021
The figures speak for themselves - the sneaker business is still booming. More than 1.5 billion US-dollars were raised by sneaker companies this year. The green sneaker label Allbirds is just the latest example. So who are the other companies that have benefited from fresh funding? 4 million The sneaker investment app Rares is based on an idea...
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Fashion sourcing expert: “All supply chain challenges are colliding with a model that leaves little room for deviation”
Global supply chains are in turmoil, and it’s hurting fashion companies. Nike missed analysts' expectations in its latest financial results because of supply bottlenecks, and Puma and Adidas are talking about similar problems. Where are the current disruptions happening and what can fashion companies do in the short and long term to optimize...
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How Pitti Uomo is preparing for condensed 100th edition
The world’s biggest menswear fair Pitti Uomo is preparing a condensed physical centenary edition with fewer brands and buyers amid falling Covid-19 infection numbers in Europe. Pitti Uomo expects to feature 300 brands during its upcoming edition from June 30 to July 2 after it was cancelled twice since the outbreak of the pandemic. The event...
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Fashion CEOs set sustainable priorities as gaps between goals and action remain
Leaders from fashion companies including Nike, H&M and Kering outlined priorities for a sustainable industry at this year’s Fashion CEO Agenda, while suppliers urged for the bridging of gaps between words and actions. The 2021 agenda introduced five areas of social and environmental sustainability that industry leaders have to focus on:...
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Virtual sneakers for 10,000 dollars? An exhibition gathers digital fashion pioneers
Digital fashion to date has often been in the headlines for its futuristic aesthetics or eye-watering prices. In early March, a virtual sneaker drop fetched a whopping 3.1 million US dollars, with a pair of shoes priced at up to 10,000 dollars. An exhibition at the beginning of April displayed some groundbreaking moments of the phenomenon of...
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After an unusual year, what designers, retailers and CEOs expect for 2021
It has been quite the year! 2020 is slowly coming to an end and even though the pandemic holds people in suspense worldwide, 2021 is inching ever closer. So what does the new year have in store and how do leading international voices at the heart of the fashion industry look back on 2020? We’ve asked philosophers, streetwear designers and...
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Fashion’s recipes from the kitchens of Phillip Lim to Missoni
Given the recent unpalatable events and news, some lighter reading can't hurt. That was perhaps the thought of American fashion designer Phillip Lim when he published his out-of-print cookbook during the pandemic. The culinary ebook, the proceeds of which have been donated to charity, taps into the surge in home-cooking at a time when...
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The fashion companies promising to pay their suppliers
After the outbreak of Covid-19, fashion companies cancelled orders worth billions with their suppliers, shifting their problems onto those who were most vulnerable: factory owners and workers. After much criticism, more than a dozen companies such as H&M and Levi Strauss made U-turns on their decisions, while others such as Bestseller and...
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How buyers prepare for SS21: Tiffany Hsu, fashion buying director at Mytheresa
In recent weeks, buyers have had to swap front row seats for zoom meetings when placing orders for SS21 as major fashion weeks and fairs have been cancelled or swapped for digital iterations. Has the pandemic caused them to delay orders or cut budgets for the upcoming spring season? Tiffany Hsu, Mytheresa fashion buying director, spoke to...
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Work in fashion: how to nail a video interview
The world has experienced a digital takeover, and much of what used to happen in person now takes place online. The process to apply for a job in the fashion industry is no exception: Instead of sitting down face-to-face, applicants and recruiters now meet screen-to-screen. Many factors that applicants should focus on during a personal job...
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