PANGAIA

The ‘materials science’ start-up, whose investors include funds backed by Will Smith and Leonardo DiCaprio, has struggled to sustain the momentum generated by its brightly coloured sweatsuits during the pandemic.

Krishna Nikhil has stepped down for family reasons after just over 18 months at the helm of eco-innovation brand, the company said.

The brand will cut as many as 50 jobs as it moves its headquarters from London to Switzerland.

After swinging to an operating loss of $41 million in 2021, the buzzy fashion startup has stabilised and remains focused on its ambition to build a materials science business.

Leather alternatives have been boosted as eco-innovation and dismissed as mere plastic, but the truth is more complicated than that and demands clearer marketing to avoid misleading consumers.

Sound like science fiction? Companies like On, Pangaia, Zara and Lululemon are already experimenting with materials and dyes produced with captured carbon emissions and the new US climate bill could speed up adoption.

Navigating sanctions on Russia requires ‘constant vigilance and flexibility’ from brands and retailers. Here's what you need to know.

Read the latest BoF Insights report to get BoF’s perspective on the state of the fashion industry’s supply chain model, plus data-driven guidance on how companies can strengthen their supply chains in the face of pandemic and geopolitical challenges.

After generating $75 million in revenue in 2020 while staying profitable, the company needs to move beyond the pandemic uniform it helped to define in order to sustain its growth. In exclusive interviews with company executives, BoF examines Pangaia’s growth challenges and opportunities in B2B.

Check out this week’s new partners and openings on BoF Careers, the global marketplace for fashion talent.