3 Black Fashion Designers Reflect on the Years Since the 2020 Racial Reckoning

Ultimately, Proenza’s fortunes unravelled for many of the same reasons so many of its peers are no longer in business: misallocation of funds, disagreements with investors, seismic shifts in the industry at large, and a fashion ecosystem that did a poor job of preparing young designers for the realities of entrepreneurship.

“Brands are forced to rethink not just the format, location and permanence of their stores but it also begs the question of how to measure their value when you can no longer use sales as a single success metric. It requires brands to look at the full equation,” says PwC’s Windsor.

Changes in retail are often a result of larger societal changes. Fashion insiders also have a responsibility to mitigate a growing problem. But until those larger changes occur, circular fashion (and sustainability as a whole) is just window dressing. As organic fabrics begin to adopt many of the technical capabilities of their new-aged counterpart... See more