Courtesy: FarfetchFarfetch Ltd, the leading global technology platform for luxury fashion industry, has announced its definitive agreement to acquire Stadium Goods, the world’s premier sneaker and streetwear marketplace, for a value of $250 million. The acquisition is subject to customary closing conditions and is expected to be completed in the first quarter of 2019. Stadium Goods has participated in the Farfetch marketplace since April 2018, enjoying strong sales growth since its introducti

Courtesy: YooxOnline lifestyle store Yoox has launched YooxMirror, a new AI-powered virtual styling suite. The suite is designed to entertain customers while they express their personality, exploring the very best of the Yoox fashion offering in a new, interactive and engaging way. This new feature will showcase 250 products per week and 9 unique fashion themes. Conceived and designed by the Yoox research & development team, the immersive styling suite will present products and fashion

Courtesy: Junior's Fashion Week The association of Junior’s Fashion Week (JFW) and fashion retailer Kids Around will yet again roll out their magic in the metropolitan geographies of New Delhi beginning December 22. The two-day Runway Showcase will be preceded by a grooming workshop, where jaunty juniors will be groomed to perfection by the leading experts of the fashion industry.Kids Around includes children’s collections from the finest premium brands namely Billieblush, Billybandit, BOSS, Ca

Courtesy: APLAthletic Propulsion Labs (APL), a luxury performance sneaker label, has unveiled its most sustainable and lightest running shoe to date, partnering with The Woolmark Company to launch the APL TechLoom Breeze Merino Wool collection. The shoe features 80 per cent Australian merino wool, innovatively knitted with APL’s patented, stretch-rebound TechLoom upper.This unique combination delivers greater elasticity, strengthens the shoe and allows it to naturally hug the foot for maximum su

The Indian Government should consider permitting 100 per cent foreign direct investment (FDI) in multi-brand retail trade and further improve ease of doing business for the sector to promote growth in the segment, the Confederation of Indian Industry (CII) said in a recent report. The suggestions are part of a national retail policy released by CII. Jointly prepared by CII and AT Kearney, the report said that to overcome barriers and enable a smooth growth and harmonious coexistence of tradi

Courtesy: UNFCCThe global fashion sector has joined hands to address the issue of climate change by unveiling the Fashion Industry Charter for Climate Action at the UN Climate Change Conference in Katowice, Poland. By signing the charter, organisations have committed to step up collaboration within and beyond the fashion sector towards a cleaner, low-carbon future. By signing the charter, leading fashion brands, retailers and supplier organisations including a major shipping company have agr

View Premium Selection, the exclusive preview concept from Munich Fabric Start, displayed a comprehensive overview of the new 2020 Spring.Summer season fabric collection. The trade show, held on December 4 and 5, 2018, showed a growing openness to new looks and textile innovations and a suitably creative line-up featuring 400 high-quality collections. Welcoming the numerous purchasing teams, designers, and product managers from leading European brands, Munich Fabric Start’s Preview Textile F

Courtesy: StaubliStaubli will display carpet systems like vintage carpets with a realistic used look and outdoor carpets, at the Domotex trade fair in booth G43, hall 6. Staubli is a mechatronics solution provider with three dedicated activities: connectors, robotics, and textiles. The show for floor coverings will be held from January 11-14, 2019, in Hannover, Germany. With its Alpha 500 carpet weaving systems of the product line Schönherr carpet systems, Stäubli supplies high-performance m

Courtesy: HKTDCFostering Hong Kong-India cooperation, the Hong Kong Trade Development Council (HKTDC) Lifestyle Expo will create new partnership opportunities by capturing the robust demand for trendy lifestyle products. The two-day expo scheduled to kick-start from December 19 will connect suppliers from Hong Kong and Mainland China with buyers from India and South Asia.Jointly organised by the Hong Kong Trade Development Council (HKTDC) and the Trade Development Bureau of Ministry of Commerce

The Indian external affairs ministry has intensified efforts to help the domestic industry facing trade-related challenges, textiles minister Smriti Irani recently said. She has intimated the ministry about certain issues related to challenges and non-compliance of treaties by some nations that the industry has raised, she said at a conference in New Delhi. The government recognises the need to have a World Trade Organisation-compliant structure, a news agency report quoted the minister as