Must Read: Angelina Jolie Fronts Tom Ford Campaign, Brands Fight Resale Tax

These are the stories making headlines in fashion on Friday.

Angelina Jolie fronts Tom Ford campaign
The new Tom Ford Runway Lip Color campaign is an homage to feminine beauty and power. In a campaign video debuting Sept. 3, Angelina Jolie stars as herself, studying for the role of a confident woman who loves the camera and her signature Scarlet Rouge lip color. The Runway Lip Color collection, comprised of 10 existing and 8 new Tom Ford lip shades, will debut in September. {Fashionista inbox}

Brands fight resale tax
American Circular Textiles will launch an initiative representing ThredUp, Vestiaire Collective, Fashionphile, H&M and other brands on Aug. 27, Alyssa Hardy reports. The initiative aims to end sales tax on resold clothing in the United States, arguing that governments receive a double sales tax when it is collected upon resale. Ending the resale tax will lower the cost of secondhand goods, making them more accessible to Americans and keeping items out of landfills. The opposition believes the collection of fewer tax dollars could negatively affect government operations. {Teen Vogue}

Shein admits to child labor in its supply chain
Two cases of child labor and factories paying less than minimum wage were revealed in Shein's 2023 sustainability report. It was also uncovered that Shein employees regularly work more than 70-hour weeks. Both cases of child labor were resolved swiftly, according to Shein. News of more illegal practices comes as the company seeks an IPO on the London Stock Exchange, which workers' rights campaigners are trying to block, and which the British Fashion Council called a "significant concern" for the industry. {The Guardian}

Athletic brand stores try experimental concepts
Foot Locker's "Store of the Future," Dick's Sporting Goods' "House of Sports" locations and Nike's first 'World of Flight" store mark the next phase of athletic retail. Each offer opportunities for interaction, such as a basketball court in Foot Locker's revamped New York City location and batting cages and rock climbing walls at Dick's Sporting Goods, which has seen 3% sales growth year-on-year since opening 14 reimagined locations. {Modern Retail}

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