Chinese down and menswear retailer Bosideng is ready to acquire a British 80-shop fashion chain. In its quest to build a European presence, increase sales outside of China and boost its image at home, the Hong Kong-based company is also in talks with European luxury fashion companies...Road More
The Council of Fashion Designers of America is teaming up with Google on a new shopping platform that will “deepen engagement” between designers and consumers. The new shopping app for ‘Hangouts On Air’ brings together social media and e-commerce and allows consumers to hang out with the designer, for instance Diane von Furstenberg, while shopping a curated selection of products from her fashion line...Read More
The IAF’s 29th World Fashion Convention that took
place in Shanghai this year showed how successful brands are able to bring make export across continents work...Read More
ANALYSIS_ Upscale British fashion brand Jaeger is back on track after cutting losses for fiscal year to 23 of February. The recovery has been led by new chief executive Colin Henry´s 5-year turnaround plan. Henry, appointed last July, is determined to “rebuild the brand and rebuild the business”...Read More
Department store chain John Lewis and value retailer Primark have ranked as the top two retailers that consumers would most like to see open in their preferred shopping location, according to new research commissioned by e-commerce specialist Webloyalty...Read More
It has been confirmed by LVMH chairman and CEO Bernard Arnault that designer Marc Jacobs is leaving Louis Vuitton after 16-years to focus on his own label. Following months of speculation, Jacobs presented his final show for the brand this morning that included a celebration of his greatest hits, which was met with a standing ovation...Read More
Sportswear giant Reebok has opened the first FitHub concept store in London’s Covent Garden as it pushes forward with its plan to get people active while reposition the brand as a company to “empower people to get fit for life”...Read More
Greek casual wear Sprider Stores has announced its closure after 35 years in the trade. The company was founded in Athens in 1978 and was listed on the Athens stock exchange in 2004, filed for protection from its creditors under Article 99 of the Bankruptcy Code in January...Read More
After a week of garment worker protests in Bangladesh that turned violent at times, factories are open again and workers back at their work places as of Sunday. This was achieved after factory owners promised to raise the wages of Bangladesh’s more than three million garment workers...Read More
Diesel's founder Renzo Rosso has compared the competition for fashion designers with that of football stars. "Fashion is like soccer, only champions make a difference," said the Italian fashion entrepreneur. Rosso has recently lost the pulse with LVMH over two coveted British designers...Read More
As demand for sustainable products rise, luxury re-commerce is emerging as a big opportunity for brands to capture the millennial... Read more
Insufficient power and energy supplies have failed to discourage Bangladesh entrepreneurs from investing in the country’s RMG sector, witnessing excellent... Read more
In March 2022, the situation of textile business across all regions and segments remained positive with +14 percentage points reveals... Read more
Piyush Goyal, Union Minister of Commerce & Industry and Textiles has called a meeting of all stakeholders to look into... Read more
Cotton demand that remained dormant during the second pandemic wave is now being released with consumption rising to 360 lakh... Read more
In the first quarter of 2022, the US’ imported 24.72 per cent more apparels from Bangladesh and Indonesia, as against... Read more
On April 28, this year, parties-led trade union instigated workers at the main Katunayaka Free Trade Zone to stop work... Read more
Just as the European textile and apparel market had recovered from the pandemic it was once again hit by the... Read more
An important growth driver of its economy, Bangladesh readymade garments (RMG) industry mainly depends on import of raw materials like... Read more
Technological innovations offer fashion companies an opportunity to not just better serve customers but also improve business efficiency. In 2021, fashion... Read more