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Retailers have been eyeing occasions and events to increase sales and thereby increase revenues. Shopping has become an essential ingredient throughout the world to celebrate the festival season. Whether it is offering gifts to family and friends or buying new clothes or taking advantage of sales and heavy discounts, everyone has anything to buy on this special day.Figure: Muslim fashion will increase to over $368 billion by 2021, according to the ‘State of the Global Islamic Economy’ report. Co
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With over 4,000 attendees, 300 exhibitors, 30 seminars and notable attendees, the second year of ApparelSourcing (ATS) Miami will kick-start from May 28. A resource for companies and individuals to network with over 4,000 industry professionals, the three-day event will remove the barrier between bignames and smaller powerhouses.ATS Miami will host several brands including Levi's, H&M and Tommy Hilfiger among others."H&M hasn’t just taken the fast fashion world by storm; it has
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LONDON — Fashion designer and ethical activist Katharine Hamnett sat down withEcotextile Newsfor the latest instalment ofour Hard Talk interview series. Industry alignment, the key issues facing the cotton sector, potential for legislative change, politics, trade unions and her vision for a better future were all on the agenda as she looks set to embark on a new campaigning venture.The full interview with Katharine Hamnett will be published in June/July print edition of Ecotextile NewsHamnett di
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Addressing the basics of M&S website has helped to deliver the online UK Clothing & Home growth of 9.8 per cent in FY 2018-19, improving its online clothingshare by 0.3 percentage points.While in the e-market, revenue from Clothing was the highest. In Q3, there was strong seasonal demand, leading to double digit growth of Clothing & Home segment."Our range remained too wide in FY 2018-19 with the volume of options in our range splintering our buying scale and making our shops ch
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French President Emmanuel Macron is using Kering SA chief executive officer Francois-Henri Pinault’s help to lead a global fashion industry sustainability drive, seeking to reduce its environmental footprint by urging brands to commit to progress on issues like ocean health, biodiversity and climate change during this summer’s G7 summit in Biarritz.Specific targets could include eliminating disposable plastics within three years or converting to renewable energy sources by 2030, Pinault told a n
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Shenzhen Huijie Group (Huijie), a leading intimates company in China, has recently announced that it has successfully implemented Centric Software’s Product Lifecycle Management (PLM) solution. Huijie had selected Centric 8 PLM to build a digital platform for one of its underwear brands, Langerie, which is aimed at young women who value fashion and style.pic: HuijieThe relationship between Huijie and Centric Software began in Shenzhen in 2017 when Li Wanzhen, general manager of Huijie business d
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There is a clear need for more transparency between consumer and fashion brands as 97 per cent of consumers want more transparency, says a survey by sustainable US fashion brand Dhana. Almost half of shoppers want to know about the ethical aspect, 41 per cent want to know the environmental, and the remaining want to know the location of production, it found.Dhana, founded by Shamini Dhana in 2008 and headquartered in Sausalito, California, recently released the ‘WearOurValues2019’ at the world
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Amazon has almost doubled itsvalue to $316 billion, while expanding to fields like entertainment, while Alibaba is now the second most valuablebrand, says a survey. Rising environmental concerns about fast fashion weighed on the brand values of Inditex's Zara, down 10 per cent to $23 billion, and H&M, down 39 per cent to $6.4 billion.The value of the Amazon brand jumped 91 per cent, while Alibaba's rose by 48 per cent to $131 billion, according to the annual BrandZ ranking by British
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Ever-Glory, a retailer of fashion apparel and a global apparel supply chain solution provider, reported sales of $88 million for Q1 of 2019 ending March 31, 2019, a decrease of 5.2 per cent from $92.8 million in Q1 of 2018. Total gross profit of the company for Q1 of 2019 decreased by 6.3 per cent to $29.4 million, compared to $31.3 million for Q1 of 2018.Pic: Ever-GlorySales for the company’s branded fashion appareldivision decreased by 11.4 per cent to $59.9 million for Q1 of 2019, compared wi
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The web traffic at Koovs, the Western fashion experts for online Indian consumers, has gained 50 per cent to a total of 75.9 million during 2019. The company's Gross Order Value (GOV) stood at £12.8 million as against £12.8 million during the last year. During the reported period, the trading margin improved to 18 per cent from 14 per cent during 2018.Pic: KoovsSeparately, the company has reached a binding, subject to shareholder approval, with Future Lifestyle Fashions Limited (“FLFL”), par