A coronial inquest will investigate the death of Adelaide fashion figure Carol Foord, who suffered cardiac arrest after taking magic mushrooms as an alternative treatment for anxiety and motor neurone disease symptoms. Her family seeks answers and aims to warn others about alternative treatment risks.
China's Shein is acquiring Everlane, the retailer known for ethical and sustainable clothing. The deal aims to provide Everlane with financial stability amidst declining sales and mounting debt, though it may alienate core customers.
Everlane, the ethical fashion retailer founded in 2011, has been acquired by L Catterton, a private equity firm. CEO Alfred Chang confirmed the deal in a letter to employees on Friday. The purchase price was not disclosed, and Shein declined to comment.
Fashion brands push "green" messaging, but consumers, hit by a cost-of-living crisis, prioritize price over ethical production. Industry leaders now view sustainability as crucial risk management and a competitive edge for long-term business resilience.
Extravagantly dressed celebrities and designers made their way up the famous Met staircase Monday evening. The fundraiser is one of the fashion industry's biggest nights.
Jeff Bezos and Lauren Sanchez have committed $34 million through the Bezos Earth Fund to accelerate sustainable textile development, funding research at Columbia University, UC Berkeley, Clemson University, and Cotton Foundation-linked organizations. The initiative targets alternatives to petroleum-based polyester and viscose, exploring bacteria, agricultural waste, and bio-based fibres. While the fashion industry accounts for significant global emissions, scaling sustainable textiles remains challenging due to production costs and slow brand adoption. The fund expects innovations to reach the market within 3-5 years.
