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  • Delta Galil has announced a new licensing with Wolford, a leader in high-end tights, Skin wear, lingerie and body wear, to create, produce and market new women’s lingerie and swimwear collections. Delta Galil, headquartered in Israel, is a global manufacturer and marketer of branded and private label apparel products for men, women and children.The Wolford collections will be launched worldwide in Spring/Summer 2022 through Wolford boutiques, leading department stores, selected multi-brand and s
  • Facebook Fashion Index based on number of likes a specific apparel brand’s Facebook account has.NameLikes 44,485,569 43,659,945 32,100,745 31,124,668 28,990,923 28,473,795 28,204,921 25,828,395 24,904,351 20,455,872 20,052,182 18,372,915 17,375,793 17,375,793 17,274,752 17,272,939 17,040,816 16,279,822 16,128,612 14,852,480 14,852,480 14,630,345 14,590,190 14,540,087 14,273,139 12,182,008 12,171,546 11,936,178 11,529,261 11,409,124 11,130,947 10,950,801 10,676,743 10,660,990 10,326,641 9,853,238
  • BGMEA President Faruque Hassan praised the govt. decision to keep the readymade garment (RMG) industry out of the recent restrictions to curb movement on highly COVID-19 infected areas will slow down the virus spreading.Faruque Hassan said, “The govt. has restricted the movement of 7 districts including Gazipur and Narayangonj to put a brake on escalating COVID positive patients.”Figure: BGMEA President Faruque Hassan praised the govt. decision to keep the RMG industry out of the recent restrict
  • The journey to digital fashion has now become a serious chase, be it in manufacturing or in retail. It is critical to understand that digital fashion is much more than digitisation, which is simple conversion of data and processes, commonly referred to as digitalisation wherein there is overall transformation, not just processing changes. Though the urgency is real, there is stillinformation asymmetry on the subject with varying expectations of stakeholders when talking about digitalisation. The
  • MySize, the developer of smartphone measurement solutions, has announced a partnership with Bitrix, Russia’s largest eStore platform. MySize’s AI-driven sizing solution and personal fit recommendations will be made available to e-commerce sellers on the Bitrix platform, bringing highly accurate footwear and apparel sizing to millions of online shoppers.Bitrix is Russia’s market leader in content management systems (CMS) for e-commerce businesses, serving an estimated 71 per cent of the industry.
  • Simone Perele, has announced the launch of a new virtual and non-bias fitting service, with independent sought-after stylist, fitter and boutique owner in the lingerie sector, Sarah Connelly. Known for its beautifully designed luxury lingerie of exceptional quality and fit, Simone Perele is a family run French lingerie house with a 70-year heritage.After nearly more than a year of lockdown, spent by many in sports bras or even no bra, the new virtual styling and fitting session takes place in th
  • In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fiber markets. Market transactions improved in the first half of May due to massive procurement by the downstream units but buying sentiment softened later. In China, POY 75/72 prices were up US cents 4 a kg in Shengze while Indian POY 130/34 prices were down US cents 2 a kg.Polyester spun yarn prices in May were firm in China underpinned by recovering polyester feedstock markets. In
  • The Buckle Inc, a US-based fashion retailer, has posted 159.2 per cent sales increase to $299.1 million in its first quarter (Q1) of FY21, ended on May 1, 2021, compared to sales of $115.4 million in corresponding period of previous fiscal. The company’s net income for the quarter improved to $57.3 million (Q1 FY20: loss $11.8 million).Gross profit for the period rose to $147.5 million ($26.8 million), while operating expenses were $71.7 million ($43.0 million). The company’s income from operati
  • The FashionUnited Index of Most Recognized Fashion Brands gathers the largest fashion brands in the world by brand value. FashionUnited created an unique formula and benchmark for fashion brands to calculate current brand values of publicly and privately held fashion brands.Brand2020 Brand Value $1Nike$36.8 b2Louis Vuitton$32.3 b3Hermes$18.3 b4Gucci$18.2 b5Zalando$17.9 b6Adidas$16.2 b7Tiffany & Co.$15.2 b8Zara$13.5 b9H&M$11.5 b10Cartier$10.7 b11Lululemon$9.6 b12Moncler$9.2 b13Chanel$9.1
  • Announcing preliminary results for the 52 weeks ended March 30, 2019, Burberry Group Plc said, revenue excluding beauty wholesale increased by 2 percent CER and 2 percent reported to 2,720 million pounds (3,492 million dollars). Total revenue of 2,720 million pounds was down 1 percent CER and flat reported. Comparable store sales for the year under review improved 2 percent, while wholesale sales excluding beauty rose 7 percent at CER. Adjusted operating profit of 438 million pounds (562 million
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