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Though blockchain shows a lot of promise in tracking steps in the apparel manufacturing process, there are some major challenges to overcome before large-scale adoption, according to Paul Magel, President of Business Applications, CGS, a global provider of business applications.
Pic: Xcel BrandsThe company is evaluating blockchain technology across its suite of products to adopt it in a way that is the most efficient for CGS, Magel told Fibre2Fashion in an interview.
For blockchain to work
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London will remain the leading global wealth centre in 2019, according to the 13th edition of ‘The Wealth Report’ published by Knight Frank. With the world’s largest ultra-high-net-worth individual (UHNWI) population, London sweeps the board in the annual ‘City Wealth Index’ pushing its rival, New York, into second spot, shrugging off concerns regarding Brexit.
Pic: Knight FrankThe Knight Frank City Wealth Index is built around three categories: wealth, investment and lifestyle.
In the wea
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The Fashion Design Council of India has partnered with Liva from the Aditya Birla Group for the Lotus Makeup India Fashion Week (LMIFW) autumn-winter 2019. The fashion programme from March 13 in New Delhi is the 33rd edition of India Fashion Week with the LivaEco Green Heart Show, which hopes to change the way in which people consume fashion.
"Sustainability for us is a continuous journey towards the well-being of all stakeholders and conserving nature. Liva has taken this step of associating
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Internationally acclaimed denim expert Dr Dilek Erik will be back at the third edition of Denimsandjeans India show scheduled for July 17-18, 2019 in Bengaluru, talking about sustainability. In the recent past years, Erik has also appeared as a guest speaker at different editions of Denimsandjeans shows in Vietnam as well as in Bangladesh.
In the seminar topic titled 'A Comprehensive Look at Sustainable Process in Global Denim Supply Chain', she will talk about the increasing role of sustaina
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Brand: Indochino Company: Indochino Apparel Inc
Location: Santa Monica Place, Santa Monica, CA
Area: 2,300 sq ft
Product profile: The store provides custom-made menswear pieces like suits, shirts, blazers, chinos and overcoats.
Store design | Interiors & VM | Fixtures: The Santa Monica store offers a shopping experience where customers are designated their own style guide, who walks them through the process of designing. Garments are made to customer’s precise measurements and shipped
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Abercrombie & Fitch has witnessed comparable sales growth of 3 per cent for both the fourth quarter and full year 2018, on top of 9 per cent and 3 per cent last year, respectively. The gross profit rate for the fourth quarter was 59.1 per cent, up 70 basis points from last year and up around 20 basis points on a constant currency basis, net of hedging.
Pic: Abercrombie & Fitch
In the fourth quarter, there were net sales of $1.2 billion, reflecting a combined adverse impact of approxi
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Who: Van Heusen, India’s leading lifestyle brand announces Jacqueline Fernandez as the face of Van Heusen’s women’s handbags.
What: Jacqueline Fernandez is an Indian actress.
About the collection: The new line of women’s handbags labelled as ‘Carry Your World’, celebrates a woman’s everyday multi-dimensional brilliance. The range features 2-in-1 reversible bags that can be worn two sides with different colours on each side with detachable inside pouch, the convertible bags with extra chang
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Nike maintains its position as the world’s most valuable apparel brand, according to a report by London-based Brand Finance, an independent brand valuation and strategy consultancy. Nike’s brand value has increased by 16 per cent since last year to $32.4 billion on the back of healthy sales growth in China, Europe, the Middle East and Africa, it said.
Pic: Nike
Rival Adidas, meanwhile has bitten into some of Nike’s North American market, with brand value rising by 17 per cent to $16.7 billi
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The growth of e-commerce, mobile shopping, and the urge to meet ever-rising expectations of personalisation among customers are the things that will drive the global apparel market this year. This was among the key points that came out of a webinar organised by Fibre2Fashion, the leading portal for global textile-apparel-fashion industry, on February 28.
The year 2018 has seen world apparel players witnessing store downsizings and lesser retail growth but increase in sales due to digital mark
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Rue21, a leading fast fashion apparel retailer, is expanding its omni-channel shopping experience by offering buy-online-pickup-in-store (BOPIS) across its 700+ retail locations. Working with Mastek on the development and rollout, Rue21 aims to increase the convenience and flexibility for its loyal customer base with this mobile-first approach.
Pic: Rue21
Through BOPIS, Rue21 customers can check for the stock availability of any product in the nearest store, purchase the product online and p