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Banana Republic, the American clothing brand, has teamed up with Goop, a wellness and lifestyle company, to launch a capsule collection ‘The Goop Edit for Banana Republic’.Image Courtesy: prnewswire.comBoth firms last came together in September 2019 to launch a co-branded podcast series ‘Women on Top’, which aimed at celebrating female boundary-breakers.Reportedly, the new capsule collection too aims at celebrating female culture changers.The Goop Edit for Banana Republic collection features an
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British fashion label Marks & Spencer (M&S) has announced the appointment of Eoin Tonge as its Chief Financial Officer (CFO).Image Courtesy: accessable.co.ukEoin, currently working in Irish food company Greencore Group, will succeed Humphrey Singer, who resigned from his post in September last year.Speaking about Eoin’s appointment, Steve Rowe, Chief Executive, M&S, said “Eoin’s appointment as a CFO concludes a rigorous search for a world-class finance director. He brings in-depth kn
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Gucci, the fashion label from Italy, in its efforts to save wildlife, has joined The Lion’s Share Fund – an initiative to tackle crises in nature, climate and biodiversity worldwide.Image Courtesy: money.yahoo.comLed by the United Nations Development Programme (UNDP) and other UN partners and businesses, the project aims to raise US $ 100 million annually in next 5 years for animal conservation, biodiversity and climate.And how! The project asks brands to contribute 0.5 per cent of their media s
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Lojas Renner SA, a fashion retailer in Brazil, posted 10.7 per cent growth in net revenues to R$2,873.1 9 million (in Brazilian Real) in Q4 FY19. For the full year net sales jumped 13. 2 per cent to R$8,474.7 million in FY19 compared to R$7,485.4 million in FY18. Youcom store sales contribute to the growth with 17 per cent increase in sales.Pic: Lojas RennerDuring Q4, pace of sales continued at a favourable rate, resulting in 6.2 per cent increase in same store sales despite the strong comparabl
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Pure Origin, the new home for international garment, fabric and supply chain sourcing, will put the spotlight on Turkey at its next show, which is taking place alongside Festival of Fashion Pure London at Olympia London from 9–11 February 2020.Turkey, Discover the Potential. © Pure London.“As the world’s 7th largest apparel exporter with 17billion USD export, and with 72% of total apparel export going to the EU, Turkey represents a huge opportunity for UK brands and designers, with short deliver
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Maisonette, the luxury kidswear retailer, has launched its newest Spring/Summer 2020 collection for Maison Me – its private label.Image Courtesy: fashionunited.comThe fashion label in an announcement said this is brand’s fourth collection and features affordable basics for children.What’s noteworthy is that the new collection will comprise 3 matching styles for kids and mothers.Here it is important to mention that Maison Me will expand into swimwear category with 5 styles for boys and girls. And
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Luxury fashion e-commerce platform Moda Operandi is teaming up with New York footwear label Brother Vellies. The collection, which launched on Feb. 4, features versatile shoes in neutral hues, focusing on nude tones. According to an announcement from Moda Operandi, the collection —which is inspired by the fact that not one nude shade fits every person—showcases six shoe styles and eight neutral hues.“Since I started Brother Vellies in 2013, I have always designed in this light peachy color which
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Image Courtesy: aeffe.comAeffe, the Italian fashion group that owns Moschino, Pollini and Alberta Ferretti, attained sales of 351.4 million euros in 2019, which is a meagre 1.4 per cent rise from what it was in 2018.In 2018, the fashion group had generated 346.6 million euros.While the sales of ready-to-wear division of Aeffe slumped by 1.3 per cent (262.2 million euros) in 2019, the footwear section witnessed an increase of 8.3 percent (128.2 million euros).As far as markets are concerned, sale
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Danish jewellery brand Pandora has pledged to go carbon neutral within the next five years.The Copenhagen-based brand has joined the Science Based Targets initiative - a corporate collaboration for action on climate change - and before the end of next year will publish a plan to reduce emissions across its value chain in line with the Paris Agreement.The target will see Pandora become carbon neutral in its own operations by 2025 - this includes emissions from its crafting facilities, owned and o
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Fast fashion brands drop new collections as often as every two weeks, illustrating the fast cycle of manufacturing, buying and disposing of which drives the fashion industry’s wastefulness and polluting impact. In fact, it is estimated that more than half of the fast fashion produced is disposed of in under a year.But it appears that the “elephant in the room” of the fashion world may be gaining the recognition that it deserves. Coming May 2020, the theme of the Copenhagen Fashion Summit will be