Millennial and Gen Z (people born between the mid-1990s and the early 2000s) consumers are redefining and embracing luxury fashion and the average luxury consumer in these generations owns nine luxury fashion items across accessories, apparel and footwear, according to ‘A Millennial Approach to Luxury’, a recent report from The NPD Group and Stylitics.This younger luxury consumer favours the convenience and extensive browsing ability afforded to them by online shopping, but also appreciates the

Total revenue of JD Sports Fashion rose by nearly 50 per cent in fiscal 2019 to £4,717.8 million as compared to £3,161.4 million in 2018. Like-for-like store sales across all group fascias, including those in Europe and Asia Pacific, increased by 1 per cent with the overall like-for-like growth including online increasing by more than 5 per cent.The revenue includes £1,237.5 million from businesses which were not like for like for the year, principally Finish Line (£956.6 million) for the 33 wee

Global Fashion Group (GFG), a leading fashion and lifestyle destination, has introduced a new way for customers to shop conscientiously in Australia and New Zealand. With the launch of 'Considered' on its e-commerce platform in Australia, The Iconic – GFG has become one of the first online retailers globally to launch an initiative of this kind.Pic: Global Fashion Group'Considered' uses The Iconic's five ‘Sustainability Credentials’ categories to allow customers to filter and

(L-R) Tushar Gokuldas, MD-India; Kevin Plank, Founder & CEO; Michael Phelps; Patrik Frisk, President & Chief Operating Officer; Pic: Under Armour Brand: Under Armour Company: Under Armour, Inc Location: DLF Promenade Mall, Vasant Kunj, New Delhi Area: 1,900 sq ft Product profile: The store features athletic apparel, footwear and accessories with dedicated sport-specific sections including training, running, basketball and golf. About the company: Headquartered in Baltimore, Maryland

Pretty Green, the UK fashion brand founded by Liam Gallagher, was recently acquired by JD Sports. JD Sports will keep the flagship store in Manchester open, but 11 other stores and 33 concessions in House of Fraser will shut down, putting 97 jobs at risk. Pretty Green has been one of many UK high street retailers to face financial problems recently. Pic: Pretty Green Challenging retail conditions and House of Fraser's fall into administration were blamed for the fashion chain's problems, ac

New York City Economic Development Corporation (NYCEDC), City's primary vehicle for promoting economic growth in each of the five boroughs, has chosen the Brooklyn-based team of nARCHITECTS, W Architecture, and Landscape Architecture to design the garment production hub of the new Made in NY campus at Bush Terminal in Sunset Park, Brooklyn. nARCHITECTS, along with Perkins Eastman, will transform two City-owned buildings into a state-of-the-art, 200,000 square-foot garment manufacturing hub a

BERLIN – The latest company to be selected for online fashion retailer Zalando’s zImpact accelerator programme is fashion tech innovator circular.fashion. Founder of circular.fashion, Ina Budde The initiative offers visibility, funding and industry expertise to companies seeking to leverage digital technology to increase supply chain transparency. This year has already seen several breakthroughs for circular.fashion, none more significant than having been selected as the winner of H&

The Fashion & Leather Goods business of LVMH, the world’s leading high quality products group, has achieved organic revenue growth of 15 per cent in the first quarter of 2019. Louis Vuitton continued its remarkable growth across all of its businesses. In order to meet growing demand and to limit stock shortages, a new leather workshop was opened in France. Pic: LVMH In the first quarter, the performance of LVMH was exceptional, its creativity ever more striking and innovative, and its Me

Prym Fashion is set to open a new fastener finishing facility, known as Prym Fashion India, in Chennai, India. The new facility, which will begin operations in the month of April 2019, will enamel the company’s popular Gripfix fasteners for the children’s and baby wear markets. Prym is an international group that serves a range of different target markets. By stamping the fasteners in Germany and providing made-to-order enamel finishing at Prym Fashion India, the company will reduce lead tim

German leading sports brand Puma kick-started its first flagship store in Bangladesh at Banani Road 11 in Dhaka recently. One of the leading diversified conglomerates of Bangladesh DBL Group is the local franchisee of Puma in Bangladesh. Puma in BangladeshFigure 1: German leading sports brand Puma kick-started its first flagship store in Bangladesh at Banani Road 11 in Dhaka.It is one of Puma’s biggest stores in South East Asia and showcases the widest array of the brand’s latest performance