But while hemlines and silhouettes alter with the seasons, there's no denying that fashion as an industry is undergoing some far more permanent shifts. London Fashion Week went entirely fur-free in 2018, while LA banned the sale of fur entirely and will host its first Vegan Fashion Week in February. FASHION GETS POLITICALFrom the berets of the Black Panthers to the knitted pink pussy hats of contemporary Trump protesters, fashion has always been a powerful political instrument. That sentiment is intensifying, but this time it works the other way too, with fashion brands increasingly using their money and resources to exert unprecedented influence. In addition to luxury consignment retailers like The RealReal (valued at US$450 million), fashion rental start-ups are slowly becoming a significant slice of the pie.
Source: Stuff January 20, 2019 16:01 UTC