BREAKING NEWS
Burberry appoints a new CEO as the fashion house warns it expects a first-half operating loss
Read full article: Burberry appoints a new CEO as the fashion house warns it expects a first-half operating lossBritish luxury fashion house Burberry has appointed Joshua Schulman as its new chief executive officer.
Naomi Campbell walks for star-studded Burberry show at London Fashion Week
Read full article: Naomi Campbell walks for star-studded Burberry show at London Fashion Week“Saltburn” star Barry Keoghan and “The Crown” actress Olivia Coleman are among celebrities who turned up on the VIP front row to watch Burberry's latest fashion show, which took inspiration from the inclement British weather.

Burberry partners with The RealReal to test reselling high fashion
Read full article: Burberry partners with The RealReal to test reselling high fashionBurberry is partnering with luxury reseller The RealReal as high-fashion begins to test the waters of the growing used clothing market. (CNN) - Burberry is partnering with luxury reseller The RealReal as high-fashion begins to test the waters of the growing used clothing market. The announcement is the latest sign of high fashion starting to play nicely with the booming resale clothing market in the United States. The resale clothing industry is expected to nearly double from $28 billion today to $51 billion by 2023, the report forecast. The British trench-coat maker said that according to The RealReal, resale demand for Burberry has increased by 64% year-on-year, with searches for Burberry on the site rising fastest among Millennial and Gen Z customers.

Fashion gaffes show lack of diversity
Read full article: Fashion gaffes show lack of diversityVittorio Zunino Celotto/Getty Images Entertainment(CNN) - Last month, fashion house Chanel appointed its first head of diversity and inclusion. But what they collectively reveal is that the fashion industry is struggling -- at times -- to keep up with tech-savvy consumers who are ready to call out companies in real-time for insensitive imagery. In 2018, The Business of Fashion found diversity to be lacking at the highest levels of leadership after studying 15 of the largest public companies in fashion. Take the snarky Diet Prada, an Instagram account (with a cult following of 1.5 million "Dieters") that calls out copycat scandals and hypocrisy in the fashion industry. "The (American) fashion industry ... has so far struggled to reflect the country's diversity in its workforce across all levels," the briefing stated.