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Fashion
Many fashion companies went out of business in 2025. More may be coming in 2026
By Danny Parisi
Dec 31, 2025

2025 saw an unprecedented number of factors putting pressure on companies' bottom lines. Amid tariffs, rising costs of living and doing business, and a pullback in consumer spending, it has been a tough year for consumer brands.

Glossy 50
Special Projects
Glossy 50 2025: The people who shaped fashion and beauty this year

Even in a retail era where every year is an unprecedented year, 2025 is set to be remembered by insiders who were challenged every step of the way. It was the year tariffs rocked supply chains and pricing structures, AI became a…

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