Bjorn Borg cuts retail operations in the Netherlands
Björn Borg's distributor in the Netherlands has applied for a corporate reconstruction of its retail operations in the country. The plan is to implement a substantial reduction of the retail network, currently comprising 24 Björn Borg stores, against the backdrop of long-term weakness in the Dutch market...Read More
Cambridge Satchel Company teams up with Vivienne Westwood
British accessories brand Cambridge Satchel Company is celebrating its fifth anniversary with a collaboration with fashion designer Vivienne Westwood. The special collaborative collection, first spotted at Westwood’s Red Label spring/summer 2014 show during London Fashion Week, is inspired by the British designer’s 1981 ‘Pirate’ collection and will launch this October...Read More
H&M 9-month sales up 8 percent
REPORT_ H&M Group sales including VAT increased in local currencies by 8 percent in the first nine months of the financial year. Sales in comparable units decreased by 2 percent. For the third quarter H&M Group sales including VAT increased in local currencies by 12 percent and sales in comparable units increased by 2 percent...Read More
Intertextile Shanghai is all about sustainability
Intertextile Shanghai Apparel Fabrics, taking place from 21st to 24th October 2013, is all set to show its sustainable side. For the first time, the trade fair features an “All about Sustainability” zone and underscores its eco focus at the Planet Textiles Conference.
The
overall theme of the “All about Sustainability” zone is ‘Recycle’, featuring recycled textiles and products. “The issue of sustainability is becoming increasingly important for Chinese consumers as they become more conscious of environmental protection. This zone, therefore, provides new opportunities for overseas companies that have strong environmental credentials to enter the Chinese market as this trend begins to take off,” explains Wendy Wen, senior general manager of fair organiser Messe Frankfurt (HK) Ltd.
Sustainability throughout all phases of production
As a display and educational zone, “All about Sustainability” will not only offer presentations and discussions but leading companies in the field of sustainability will present their products and services. Among them outdoor clothing supplier Patagonia, a pioneer in the use of Repreve fibres, which contain recycled materials, including post-industrial waste and used plastic bottles. Repreve fibres are produced by Unifi, another exhibitor at the fair.
Swedisch clothing giant H&M will present its ‘Conscious’ collection as well as ‘Conscious Exclusive’, a new line of party wear for spring 2013. Both collections feature garments made from organic cotton, recycled polyester and Tencel.
Hong Kong-based NGO Redress will show visitors how to promote environmental sustainability in Asia’s fashion industry by reducing textile waste, pollution and water and energy consumption. The Crystal Group, also based in Hong Kong, will display their eco-friendly jeans production processes including laser and ozone bleaching and denim waste usage. Popular recycling fabrics will also be a hot topic in the “All about Sustainability” zone.
Together with the Intertextile Shanghai Apparel Fabrics, Yarn Expo Autumn and PH Value (formerly known as the China International Knitting Trade Fair), will run concurrently. All fairs will take place at the Shanghai New International Expo Centre.
www.messefrankfurt.com.hk
LVMH takes minority stake in J.W. Anderson
Luxury conglomerate LVMH Moët Hennessy Louis Vuitton has acquired a minority stake in London Fashion Week label J.W. Anderson, and named its eponymous designer creative director of luxury leather goods brand Loewe.The exact size of the stake in J.W. Anderson or the financial terms has not been disclosed, but LVMH did confirm that Jonathan Anderson remains the majority shareholder of the company. Rumours of a partnership between the designer and the group, which owns Givenchy, Marc Jacobs and Celine, started circulating earlier this month and made his SS14 show one of the must see presentations of LFW...Read More
Richemont appoints Nomura to search suitors for Lancel
Swiss luxury goods group Richemont (CFR.VX) is allegedly looking for a suitor for its leather articles brand Lancel. As main French media reported earlier this week, Richemont has appointed investment bank Nomura to advise on a possible sale of luxury leather goods brand...Read More
Asos director James Hart steps down
Asos director James Hart has resigned after 14 years with the online clothing retailer. Hart, who was one of the company's first employees in 1999, alongside founder Nick Robertson, is set to leave the business later this year to spend time developing his new family home...Read More
Clothing stores shutting at record rate
Some of the UK's finest independent boutiques are closing at a rate of 18 a day as high street retailers continue to suffer, according to the latest figures. More stores are closing than opening with fashion and clothes store retailers suffering the most, data from the Price Waterhouse Coopers and the Local Data claimed without providing specific figures. Meanwhile, charity shops, betting shops and cheque-cashing outlets continue to grow...Read More
Industrie to make UK debut
Australian menswear retailer Industrie is set to make its UK debut in London’s Seven Dials in Covent Garden with the opening of its first store outside Australia...Read More
Matthew Williamson teams up with Lindex
London Fashion Week designer Matthew Williamson has teamed up with Swedish high street retailer Lindex to launch a new collection of apparel for both women and children...Read More
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MFW: Giorgio Armani SS14
Giorgio Armani always closes Milan Fashion Week and as one of Italy's last self-owned fashion companies, Mr Armani knows what to deliver to his clients, even if that means avoiding producing the most press worthy catwalk show...Read More
River Island signs Bangladesh safety accord
River Island has signed the Bangladesh factory safety Accord, a union-backed agreement designed to improve workplace safety in the country, following the Rana Plaza factory collapse which killed more than 1,000 textile workers five months ago...Read More
Vaccarello rumoured as next Versus designer
Belgian fashion designer Anthony Vaccarello is rumoured to be in talks with Italian fashion house Versace to be the next guest designer for its sister label Versus...Read More
Versace at the lookout for minority investors
The Italian luxury label has confirmed recently to be at the lookout for a new financial partner. Sources close to Versace have pointed out that the company would be ideally looking at selling a 15-20 percent stake in its capital. Institutional investors from South Korea and Qatar have been mentioned as potential suitors...Read More
