Photo: Gabby Jones/Bloomberg via Getty Images
These are the stories making headlines in fashion on Thursday.EBay acquires Depop from Etsy for $1.2 billionEBay has acquired Depop from Etsy for approximately $1.2 billion. In 2025, Depop had 7 million active buyers, nearly 90% of which are under the age of 34. The addition of Depop will accelerate eBay’s C2C strategy by deepening its reach with younger consumers. Etsy plans to utilize the proceeds for general corporate purposes, continued share repurchases and investment in its core marketplace. {Etsy}Aritzia acquires Fred Segal brandAritzia has acquired the Fred Segal brand and leased 8100 Melrose Ave., Fred Segal’s original flagship. “We are honored to steward and evolve this iconic brand for a new generation with the elevated experience and Everyday Luxury that define Aritzia,” Aritzia CEO Jennifer Wong said in a statement. Aritzia will first restore the Melrose location, including revitalizing the façade’s ivy that was damaged during a recent storm. The site will evolve into an “entirely new, experiential destination that reflects the creative spirit that has defined both brands.” {Fashionista inbox}Remake closesRemake, a non-profit centered on promoting sustainability in the fashion industry, is closing its doors after 10 years. “Over the past two years, funding for labor organizing and climate justice work has declined sharply, and we’ve felt that impact deeply,” Remake said in its farewell statement. The Remake board decided that the non-profit will officially close at the end of February. {Fashionista inbox}Brendon Babenzien exits J.CrewBrendon Babenzien is exiting as the creative director of J.Crew men’s after nearly five years at the retailer. Babenzien announced his exit on his brand Noah’s Instagram page: “I’ve loved working with my team and look forward to seeing where they take it from here on the strong foundation we built. I’ll be rooting for J.Crew as I turn my full attention to Noah and the creative opportunities ahead.” J.Crew has not yet named a successor. {Business of Fashion/paywalled; Instagram}Longchamp earns B Corp certificationLongchamp has now obtained its B Corp certification. B Corp is an independent international certification that evaluates a company’s social and environmental practices. “For the Maison, it is above all the endorsement of our commitment to create and produce in a more responsible way,” Adrien Cassegrain, director of transformation & CSR at Longchamp, said in an announcement video. “It commits us to go further, in the long term, for our planet and our communities.” {Longchamp}Gwen Stefani’s Gxve Beauty closesGwen Stefani’s beauty line Gxve Beauty has shut down after first launching in 2022. The brand’s products are no longer listed for sale at Sephora, and its Instagram and TikTok accounts are not publicly available. A representative from Sephora confirmed the beauty retailer stopped selling the brand at the start of 2026. {Business of Fashion/paywalled}Fashionista’s audience includes 1 million site visitors, 110,000 newsletter subscribers and 4.74 million social media followers. Want to know how to reach them? Learn more.
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