The latest ‘State of Fashion 2021 Report’ by The Business of Fashion and McKinsey & Company’s has predicted China’s fashion sales will to return to pre-Covid levels. This optimism is based on the pace of recovery in Q4 2020 and Q1 2021 and perhaps, what works for China is consumpti... Read more
Year 2020 was a tough one globally for people and businesses alike. With long stretches of lockdowns, and people confined at home, life almost came to a standstill. However, with the successful launch of a few vaccines there is some hope and positivity in our fight against the global pandemic. The Econo... Read more
So which are the most favourite fashion brands across the world? As per a reworked world map the most popular fashion brands across the world is Louis Vuitton, a favourite in most continents. The map generated using 12 months of Google search data, country names have been supplemented by their residents&rsquo... Read more
Work from home, depleted social events, adoption of a fitter lifestyle has given a shot in the arm to sportswear and footwear brands as they have seen both demand and sales grow. In fact, fast-fashion and lifestyle brands have felt the heat with increased sales of sportswear brands. As per industry estimates,... Read more
The pandemic has adversely affected global apparel supply chains with countries like Bangladesh, India, Vietnam, and others facing the brunt. Their exports have tumbled, factories have closed down, workers have lost jobs and revenues pushed down.
Tough time for RMG sector across value chain
In fact, Banglad... Read more