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Bloomingdale’s is reassessing underperforming stores and making smart use of the ones they have. The company has begun heavily investing in rotating shop-in-shops, allowing it to fit a larger number of new concepts into a single store. Additionally, Bloomingdale’s is also one of the first high-end department stores to have its own rental service. Basically it is checking up on the health of the company, taking proactive action and ensuring it is not put in a situation where it can only be reactive.
While other luxury retailers in the US have faced issues due to over-expansion and high rent costs, leading to closures or bankruptcy, Bloomingdale’s has mostly avoided the same fate. The department store and other specialty retail categories that are selling commodity products and brands that are available at many retail chains have been hit hard with many store closings and bankruptcies in recent years. Macy’s is closing 28 stores, making it the latest in a long line of retailers and department stores suffering the effects of a volatile retail environment and downsizing. Macy’s has closed more than a dozen stores per year since 2015 — sometimes up to 40 in one year. Landlords don’t give struggling retailers much time to restructure and make good on their payments.
Exports of readymade garments from Bangladesh fell 7.7 per cent in the five months to November. Exports of knitwear dropped 6.7 per cent while woven garment exports fell 8.7 per cent in comparison to the same period last year.
Bangladesh is the world’s second largest clothing exporter. More than six per cent of world apparel exports originate from Bangladesh. The European Union is the largest customer of the fashion industry in Bangladesh. However, Bangladesh is expected to slow its fashion exports to Europe. In parallel, the Asian country is expected to enter the list of less developed regions in 2024, which will entail endangering the tariff benefits established with the European Union, Canada and Japan, among others. Bangladesh will give garment, terry towel and specialised textile exporters a one per cent special incentive. The aim is to help exporters remain competitive in the global market. Currently, Bangladesh garment exporters receive a four per cent cash incentive for shipment to non-traditional markets. The country considers all destinations as non-traditional markets except the EU, the US and Canada.
Bangladesh’s garment exports have been declining for the last five months because of the appreciation of the currency, the rising cost of production, the declining trend of spending by consumers for garment items and the free trade agreement between Vietnam and the EU.
Iluna Group a selected firm among the protagonists of the Sustainable Thinking Exhibition of the Salvatore happening from January 18th to 20th, 2020 at Ferragamo Museum Paris is bringing to the Parisian leading trade show for lingerie its exclusive offer and a unique Yoga capsule collection.
The smart approach, selected materials, the know-how of the processes and its attentive look at the ecosystem are the leitmotiv throughout the collection and the key elements that distinguished the Cuggiono-based company placing it at the forefront. A pursuit of perfection that culminates in the exclusive Yoga Capsule a collection characterized by the inclusion of responsible premium ingredients such as GRS certified Q-NOVA, made for more than half by pre-consumption waste, and the GRS certified premium stretch yarn ROICA EF constructed out of more than 50 percent pre-consumer recycled content. Produced by Asahi Kasei, this yarn belongs to the ROICA Eco-Smart family, a range of the world's first responsibly made premium stretch fibers including ROICA smart yarns and its impressive certifications.
The unique added value of the capsule is that it is enriched by natural-based GOTS certified dyestuffs, a safe alternative to the chemical ones. A collection with a ten shades color offers strictly linked to the seasonality with high color fastness and durability respondent to the OEKO-TEX Standard 100 certification.
The excellence of Iluna Group is 100% built on responsible innovation, granted by certifications issued by the most authoritative control bodies in the sector. The creation of Smart lace, rigorously Made in Italy, is today certified Global Recycled Standard (GRS). There are many proposals and innovations the Group will present at the next edition of Interfiliere, all the precious elastic lace contains ROICA EF premium stretch.
Xaar plc, the digital inkjet printing, and 3D technology group, announces the appointment of Ian Tichias as Chief Finance Officer and Director of the Board from March 1, 2020.
Ian joins from Ibstock plc where he has been Group Finance Director and Deputy CFO, responsible for the Group’s Forticrete aesthetic clay business. Previously, Ian was Senior Director, Finance & Global Pricing Lead – Europe, Africa, and the Middle East for Zoetis and before that, Head of Finance for Pfizer Diversified Businesses (PDB) UK.
I am delighted that Ian will be joining Xaar as we lead the company into its next phase of development” commented John Mills, Xaar’s CEO. “His extensive financial experience, alongside a fresh new perspective will add significant value to the business.”
Xaar is a world leader in the development of digital inkjet technology. Our technology drives the conversion of analog printing and manufacturing methods to digital inkjet which is more efficient, more economical and more productive than the traditional methods which have been in use for years.
Maglificio Ripa, a leading knitting company, has developed a new Skin collection, designed to represent pure concentrated energy, a quite revised supply of new and original contents resulting from an original designs, and a touch of rare elegance for the finest fashion gourmets. The new collection could be summed up in three main themes, according to the European producer of lightweight, second skin fabrics.
The colour patterns are dense and full of energy, sometimes even extreme to enhance shapes and suntan, the company reports. Floral, dreamlike, geometric and optical prints are featured by a unique and exclusive definition that allows them jump from delicate watercolours to the strong and bright Chagall colour hues.
The development of a green collection is very important, and it is part of the Earth collection designed with Nilit where its offerings made with Sensil Ecocare are presented right alongside those made with the brand new Sensil Ecocare Breeze which, in addition to guaranteeing sure freshness, has an eco-responsible soul being it is made with preconsumer recycled nylon 6.6.
Offerings are also in modal/silk and cotton /silk and last but not least a dyed oxford thread for shirts, athleisure wear, and sportswear. An exceptionally well-made line of linen fabrics is also being studied.
Wrangler’s initiated True Wanderer started in 2012, it continues to be an increasingly popular annual event for the people who want to celebrate their love for the open road and the adventure of travelling.
Through public votes and the scores of an elite judging panel, Wrangler True Wanderer Season 8.0 announces the winners. The first prize has been won by Pranay Metta from Hyderabad who has won a fully paid trip to Switzerland. The second prize has been claimed by Mr. Ravi Rana from Delhi, the trip to Andaman & Nicobar. The third prize winner has been shared by Mr. Clifford D'costa from Mumbai and Ms. Saanjhi Rawat from Dehradun, trip to Leh.
In 2019, thousands applied to be a part of the eighth season and 12 True Wanderer finalists were selected to go on the trip around India to a destination of their choice. They could choose to travel by car, bike, foot or any mode of transportation of their choice whilst completing travel-related challenges set by Wrangler.
The 12 finalists, styled in Wrangler apparel, took wandering to a whole new level as they showcased the passions that drive their wanderlust. They captured the highlights of their epic road trips and shared it with the True Wanderer community with interesting and inspiring stories, photographs and videos.
Pranay Metta, winner of True wanderer 8.0 was accompanied by his fellow traveler Suryachaitanya Vanapalli and rode from Hyderabad to Vishakhapatnam. The First Runner up winner of True wanderer 8.0 Mr. Ravi Rana, was accompanied by his fellow traveler Rupesh Aka Sonu and travelled from Delhi to Meghalaya. The Third place winner of True wanderer 8.0, Mr. Clifford D'costa was accompanied by his fellow traveler Raunak Almeida who started his journey from Mumbai to Ganpatipule along the Malvan region - Goa - Hampi - Kolhapur and back to Mumbai via Pune and Ms. Saanjhi Rawat, the Third Place winner of True wanderer 8.0 was accompanied by her mother who explored the outskirts of Dehradun.
World's leading trade show for fabrics and accessories for lingerie, swimwear & activewear smart collaborations with leading players are protagonists.
January 18th to 20th, 2020 ROICA in Paris, the world’s leading sustainable premium stretch fibre by Asahi Kasei, is known for global success in the market with the very first sustainable premium stretch fibre.
ROICA Eco-Smart 58% of pre-consumer recycled content, the ROICA EF innovates with excellent dyeability and comes with the Global Recycled Standard (GRS)certification by the influential Textile Exchange - the Cradle to Cradle Material Health Gold Level certified ROICAV550 allows excellent and durable printability with relevant circular economy advantages. Both yarns are part of successful ROICA Eco-Smart family range.
The premium brand adoption 100% NATURE collection by CALIDA reflects a shared vision for sustainable fashion. A mission and a strong commitment combining comfort with technology, style and a responsible attitude. Manufactured in a closed, particularly energy-efficient cycle and sourced from sustainably managed forests, the man/woman underwear and loungewear collection by leading fashion brand CALIDA reaches the 100% of sustainability. Thanks to be a part of this collection, the premium stretch fiber ROICA™ delivers ultimate hyper-performance in both stretch and sustainability. “100% NATURE” is certified Cradle to Cradle, which means that raw materials can be used time and again in an ongoing biological cycle. CALIDA is also the first clothing brand worldwide to be awarded the ‘MADE IN GREEN by OEKO-TEX’ label, which is based on compliance with strict social responsibility and ecological criteria and certifies that the textiles carrying the label have been tested for harmful substances.
The cellulose fibres conference will take place in Cologne on February 11TH and 12th, 2020 the focus is on markets, technologies and sustainability. The global cellulose fibre market is one of the fastest-growing markets altogether, with an annual growth rate of almost 10%. Experts estimate that sales will exceed 50 billion dollars in 2025.
The increasing demand for environmentally friendly and biodegradable fibres for textiles, hygiene products and plastic substitutes in packaging are the most important drivers for growth. In this context, political regulations, which aim to drastically reduce the discharge of microplastics into the environment, play an important role.
In order to be able to meet the constantly growing demand, large investments in wood-based biorefineries are currently undertaken. This is particularly visible in Asia and Northern Europe, where other wood chemistry products are manufactured in addition to cellulose fibres.
This ensures that all components of the wood are used. Increasingly, alternative raw material sources are being used as well, such as used textiles, waste wood, agricultural industry residues and wastewater, which often still contains cellulose. Utilising such alternative sources, the ecological footprint of cellulose fibres can be even further reduced.
Leading companies such as Lenzing (Austria), Sateri (China), Aditya Birla (India), Södra (Sweden), Metsä Fibre (Finland) and Kelheim Fibres (Germany) will present their latest technological developments, new properties and applications. Furthermore, life cycle Institute for Ecology and Innovation assessments and concepts for the extraction of cellulose fibres from alternative raw material sources will be presented, whereby the fibres can be reintegrated into the circular economy to be used again. In this context, auxiliary materials (Bozzetto (Italy)) and equipment (Levaco Chemicals (Germany)) are also included in the ecological optimisations.
The market leaders in the industry are joined by numerous start-ups and leading research institutes from Denmark, Germany, Finland, the Netherlands, Sweden and the USA. Sustainability will be highlighted by two sessions and a panel discussion, in which users, certifiers and environmental groups will participate. Particularly the environmental activists of Canopy (Canada) have set themselves the goal of developing corporate solutions that protect the last natural forests. 750 companies have already joined this goal.
An additional thematic focus is the biodegradability of cellulose fibres. This topic is of particular importance because microfibres inevitably enter the wastewater during the washing of textiles. Furthermore, various disposable plastic products that can be partially substituted by cellulose fibres will be banned from 2021. There will be interesting scientific presentations on these topics from the Niederrhein University of Applied Sciences (Germany) and the Scripps Institution of Oceanography, UC San Diego (USA), among others.
Sateri (China), Lenzing (Austria) and Bozzetto (Italy) will support the conference as gold sponsors. In addition, LEVACO Chemical (Germany) will be involved as a silver sponsor and NC Partnering (Finland) and Stora Enso (Finland/Sweden) as bronze sponsors.
Premium partner of the conference is the environmental activist group Canopy (Canada). Other well-known partners of the conference are BCNP Consultants (Germany), C.A.R.M.E.N. Germany, CLIB Germany, the Institute of Textile Technology (ITA) of RWTH Aachen University Germany, PEFC International Switzerland/Germany, Textile Exchange Germany/USA, The Fibre Year Consulting, Switzerland and the World Bioeconomy Forum, Finland.
Jacket Required, is set to bring together an edited collection of cherished heritage and premium footwear brands alongside new designers, technical, and streetwear footwear. Jacket Required is UK’s only contemporary menswear and streetwear trade exhibition, which will be taking place at the Old Truman Brewery, from January 22-23, 2020.
Celebrating 150 years and heralding from Tasmania, Blundstone durable boots are rugged, with their own natural beauty and distinctive look and feel. They have evolved in style, design, and technology over the years, but the quality has never changed and the new collection will be on display at Jacket Required.
First time exhibitors at Jacket Required include performance footwear brand On Running; as well as streetwear brand Munich Footwear whose heritage goes back to the Spanish Civil War; and Serts London, a London based footwear label creating high-end, handcrafted footwear.
Visitors will also discover the AW20 collections from Cheaney Shoes, Oliver Sweeney, Superga, Sebego, Atlanta Mocassin, Duca Del Cosma, Palladium, Toms, Yogi Footwear, R.M. Williams, Lotto, and Straye Footwear, according to a press release on the show.
The bushfire crisis in Australia, has shook the nation. In support the Kering family of brands is coming together to extend the efforts of the Australian people to fight the wildfires. Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Dodo, Qeelin, Ulysse Nardin and Girard-Perregaux will together donate a total of 1 million Australian dollars as an immediate contribution.
The funds are said to be provided to the most appropriate local organizations selected by the Group’s sustainability experts. Additional initiatives will also be undertaken by various brands in solidarity with the Australian people. In the longer term, Kering plans to participate in future reforestation and biodiversity programs.
A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, Jewelry and Watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ulysse Nardin, Girard-Perregaux, as well asKering Eyewear. By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrow’s Luxury in a sustainable and responsible way.
