PDS Multinational Fashions Limited, one of the world’s largest design-led sourcing, manufacturing and supply chain platforms catering to leading brands and retailers globally, has appointed Sanjay Jain as chief executive officer with effect from January 15, 2021. Jain has previously served as CEO of Future Retail Limited and Group CFO of Future Group.Pic: PDS Multinational Fashions LtdJain has over 26 years of experience in leading transformation across various companies and helping them unlock

Asos, the London-based online fashion retailer, has announced its plans to invest £90 million in its new warehouse in Lichfield, Staffordshire.Image Courtesy: marketingweek.comThe announcement will help the retailer in creating 2,000 jobs over the course of next 3 years. That’s some good news for those looking for jobs in these tough times.The new warehouse, spread over a wide area of 437,000 square feet at Fradley Park, is expected to be operational in next 12 months.Asos has said that the timi

The struggle continues for this ailing American clothing retailer!Image Courtesy: wwd.comChristopher & Banks, the retailer known for women’s apparels for the 40-60 age group, revealed on Thursday (7 January) that it has received notices of default on a term loan.Besides, it said that it has also received default notices on secured vendor programme and lease on its corporate headquarters.More on this, the retailer said that it’s working closely with its advisers to evaluate the notices it has

There has been a contraction in Canadian apparel import values in November ’20 as compared to October ’20 but the imports have surged on Y-o-Y basis as against November ’19.The import valued US $ 745.35 million in November ’20, marking 14.65 per cent surge from November ’19, but it declined 5.39 per cent compared to October ’20 when importers had valued US $ 966.67 million.The monthly drop in November suggests that Canada had increased its sourcing in October – which was the best month for Canad

Filippa K, the Swedish fashion brand, has collaborated with Nedap – a RFID solution provider – for the integration of its inventory management platform.Image Courtesy: www.concorde.luThe technology will help the brand increase inventory accuracy and product availability throughout its retail supply chains and stores. It will, therefore, help the brand in offering omnichannel capabilities to streamline the customer experience.Emelie Berggren, fulfillment director at Filippa K, mentions “One major

Primark, the Irish fashion retailer, has estimated its sales losses to touch £650 million owing to closure of non-essential stores – including that of apparels and fashion accessories – across Europe.Image Courtesy: Bloomberg.comLast month, Primark had said that expects the sales losses to be as much as £430 million due to continuous store closures, though it also hoped to recover some of those losses with Christmas sales.Also Read:Primark hopes to recover £430 million of lost sales!However, the

Amid the COVID-19 pandemic, the British government has said an £830 million boost to high streets fashion brands to help them recover from the pandemic.Recently Robert Jenrick, Communities Secretary announced, “The boost package, from the Future High Streets Fund, will aid 72 zones in England and safeguard thousands of jobs.”Figure: British government has declared an £830 million boost to high streets fashion brands to help them recover from the pandemic.Robert Jenrick stressed, “The 2021 will b

StyleScan, the Los Angeles-based fashion-technology start-up, will finally emerge from its stealth mode and make debut in the business-to-business market.Image Courtesy: apparelnews.comThe company has started a round of pre-Series A funding, which will be used for the company’s growth dependent on StyleScan’s proprietary technology.The technology uses machine learning to create Posner called a visualisation AI service that is set to disrupt the traditional catalogue photoshoot.The brands associa

For the first time in 2021, over 60 per cent of Adidas products will be made with sustainable materials like recycled polyester or sustainable cotton. With this, the company moves closer toward its objective to end plastic waste, it said recently. From 2024 onwards, Adidas will shift to using only recycled polyester. Since 2018, it has been using exclusively sustainable cotton.Pic: AdidasSince 2015, Adidas has been collaborating with the environmental organisation Parley for the Oceans. This yea

In just a decade, American ready-to-wear label Veronica Beard, started by two sisters-in-law, has managed to carve a niche for itself in womenswear.Image Courtesy: southernconfidential.blogsThe womenswear fashion brand has announced the opening of another store in Boston to woo all the Americans who have developed a liking for the brand’s ready-to-wear, denim and footwear collections.What’s notable is that this will be Veronica Beard’s 13th store in Boston – and that too at the much reputed Newb