Luxury becomes more artistic as brands focus on slow fashion
Conforming to the old saying, everything happens for the better, the COVID-19 pandemic has sparked an interest amongst luxury consumers for products focusing on greater craftsmanship, points out Kayla Marci, Market Analyst, Edited. Brands offering conscious and ethical products are gaining more popularity for... Read more
COVID-19 can drive inventory-efficiency among brands
Growing economic uncertainty with ongoing pandemic has made apparel makers skeptical about unsold inventory. And to avoid future losses, they now prefer to make clothes only on pre-paid orders, says a Business of Fashion report. For example, Stòffa, a Manhattan-based producer of classic luxury menswear... Read more
Xinjiang labor issues need stricter laws, greater collaboration with s…
Wang Wenbin, China’s foreign minister has accused the US of restricting China’s development by withholding five import orders under the pretext of human rights. US Customs and Border Protection recently released five orders withholding the import of cotton and other goods produced in Xinjiang on a... Read more
Ethics and sustainability will help retailers boost activewear sales p…
COVID-19 and its subsequent lockdowns have failed to dampen the spirits of fitness freaks. Even as gyms and fitness studios remained closed, people got their endorphin fix at home. Hence, sales of activewear remained strong, says a Drapers Online report. May sales figures of John Lewis indicate, during the lo... Read more
Artificial Intelligence, Internet of Things to be the future of fashio…
Artificial Intelligence has become an integral part of the fashion industry in the last few years. As per a TechParker report, designers and brands are embracing latest AI technologies like chatbots and touchscreens to push up production and marketing limits Time and inventory with AI tools Some of th... Read more
COVID-19: Brands reevaluating luxury businesses in India
COVID-19 is leading to a reevaluation of the luxury business model in India. With the luxury market expected to contract 39 per cent in 2020, businesses across the country are being forced to either to adapt or perish, says latest McKinsey report. While some of these are resorting to new distribution channels... Read more
More brand involvement and supplier coordination can help solve labor …
Labor related issues are becoming routine in the global fashion world. As a report in Fashion Law points out, last year laborers in a Bangladesh garment factory went on a week-long strike to protest against their low wages. Before that, laborers in a Zara factory protested against non-payment of dues while My... Read more
Government aid, risk evaluation can help reshore US apparel supply cha…
The COVID-19 pandemic has disrupted apparel supply chains across the globe with companies now trying to balance their operational skills with flexibility and affordability. As David Simchi-Levi, Professor, MIT opines, the US-China trade war has compelled companies to reconsider their relationship with China. ... Read more
Brands wake up to growing maternity activewear market
Athleisure shopping for pregnant women is a complicated exercise as it involves searching online discussion forums for recommendations and testing several products. And pointed out in ‘The Next Big Activewear Opportunity’ in the Business of Fashion, though reputed brands have been serving this seg... Read more
A digital-physical combine will help trade shows survive the pandemic
With the direct-to-consumer model and digitization diminishing their importance, physical trade shows suffered even before the pandemic. A Business of Fashion (BoF) and MyKinsey’s State of Fashion 2020 report reveals, nearly 55 per cent brands and retailers view trade shows as having little or no releva... Read more
COVID-19 transforms GCC retail landscape as retailers switch to digita…
COVID-19 is revolutionizing GCC retail landscape with consumers increasingly embracing online retail channels, opined Hozefa Saylawala, Director-Sales Middle East, Zebra Technologies at a virtual roundtable organized by RetailME on Intelligent Orchestration of Retail Experience. As per Statista, an online tra... Read more
The Ohzone Inc to hold interactive fashion show at New Era Virtual Fashion …
US-based fashion technology provider The Ohzone Inc, plans an interactive fashi... Read more
Zalando launches range of pre-owned clothing
To take charge of the Europe’s fragmented resale market, e-commerce retai... Read more
Sri Lanka’s Finance Ministry permits BOI approved manufacturers to engage i…
Acceding to the request of Sri Lanka’s Joint Apparel Association Forum (J... Read more
Paris Fashion Week to hold 19 live shows
French fashion’s governing body, Fédération de la Haute Cou... Read more
Andhra Pradesh spinning mills face acute labor shortage
Spinning mills in Andhra Pradesh are facing severe labour shortage as many migr... Read more
German retailer defers payment of nine Bangladeshi garment factories
Nine small and medium-sized garment factories are in big trouble as German reta... Read more
Transparency helps brands win consumer trust: Lenzing survey
Lenzing’s new consumer survey, highlights the importance of transparency ... Read more
Polish textile industry more resilient than in 2009: Euler Hermes
Analysts at Euler Hermes opine the Polish textile industry is more resilient an... Read more
Superdry’s trading performance improves
Superdry’s trading performance has improved since April despite uncertain... Read more
Bangladesh Denim Expo to adopt Kingpins’ standards
Bangladesh Denim Expo (BDE) plans to adopt Kingpins’ standards starting w... Read more
Polish textile industry more resilient than in 2009: Euler Hermes
Analysts at Euler Hermes opine the Polish textile industry is more resilient an... Read more
Superdry’s trading performance improves
Superdry’s trading performance has improved since April despite uncertain... Read more
Bangladesh Denim Expo to adopt Kingpins’ standards
Bangladesh Denim Expo (BDE) plans to adopt Kingpins’ standards starting w... Read more
QIMA survey names Bangladesh as top sourcing destination for foreign retail…
The survey ‘Evolution of Sourcing in 2020 conducted by Hong Kong-based QI... Read more
Roberto Cavalli CEO to quit by 2020-end
Gian Giacomo Ferraris, CEO, Roberto Cavalli will step down from his role by the... Read more
Pakistan government committed to make textile industry competitive: APTMA
Pakistan government is committed to making the textile industry competitive and... Read more