Jill, the renowned American clothing retailer, has witnessed a surge of 42 per cent in its first quarter sales to post US $ 129.1 million.The first quarter also saw the retailer record an operating profit of US $ 8.7 million. This is in comparison to a loss of US $ 90 million during the same period last year.The margins too rose by 68 per cent during the quarter – up from 55.1 per cent in last year’s quarter.The retailer has attributed the good margins to a strong Mother’s Day weekend with bette

As the world reels under the effect of the coronavirus pandemic that is shutting down entire economies in its wake, the apparel and fashion world is forced to respond rapidly and effectively to deter exacerbating the spread of COVID-19. The domino effect that started with Wuhan in China has catapulted to struggling supply chain links, store closures and the cancellation of some of the biggest events and trade shows in the industry.The second edition of Apparel Sourcing Week, organised byApparel

Cacto, a Mexican-American accessories brand that claims to be the first carbon-negative apparel company in the Americas, believes that carbon neutrality is no longer enough.Cacto makes organic accessories out of cactus leather and has teamed up with On A Mission, a Swiss nonprofit organization that has tracked and reduced 150% of the company's CO2 emissions through sustainable reforestation around the world.According to Cacto, the assessment and offsetting phase will take place every six mon

Google has been fined 220 million euros (189m pounds) by France’s Autorité de la concurrence, the country’s competition authority, for abusing its advertising power. Other European countries could soon follow suit under strict European advertising rules.The French competition watchdog said Google has been promoting its own digital advertising services, a detriment to competing businesses.According to the BBC, the watchdog said it found that Google’s ad management platform for large publishers, G

Daniel Grieder (59), who was appointed as the CEO of Hugo Boss AG on June 16, 2020, for a period of five years, has joined the managing board of the company. In the interim, since October 1, 2020, CFO Yves Müller has served as spokesperson for the managing board. Hugo Boss is a German luxury fashion house headquartered in Metzingen, Baden-Württemberg.“I am thrilled to take over this exciting position and to lead Hugo Boss into a successful future. The company, with its longstanding, unique tradi

Faruque Hassan, President, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) highlighted the link between the need to build back better for a garment industry hit hard by COVID-19 and the opportunity to shift the fashion business model to a circular one in the 2021 P4G Seoul Summit Thematic Session.Figure: Faruque Hassan urged stakeholders to strengthen the local ecosystem for circularity, as Bangladesh’s garment industry seeks to close the loop for a just transition. Courtesy:

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has given Tk 15.85 crore to theBangladesh Economic Zones Authority (BEZA)as a payment by eight garment factories for getting land allotment in a garment park being built at Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN). Earlier, 41 apparel makers got allotment of industrial plots at BSMSN.A meeting between a delegation of BGMEA led by its president Faruque Hassan and Paban Chowdhury, executive chairman of BEZA was held recently i

Agillic, a Danish omni-channel marketing automation company, is set to support Kvadrat, in delivering data-driven and personalised communication. Kvadrat is expanding its scope to encompass both business-to-businesses and direct-to-consumers. Kvadrat produces collections of textiles, curtains, rugs, upholsteries, acoustic solutions, and accessories.While Kvadrat operates a number of brands and production facilities and works closely with manufacturers, they are extending their business model to

Leading American entertainment company, Walt Disney, has announced that the company’s board of directors have elected two new directors, Amy Chang, veteran technology executive, and Calvin McDonald, chief executive officer of global athletic apparel company Lululemon Athletica. The elections of Chang and McDonald are effective immediately.Chang serves on the board of directors of Procter & Gamble and Marqeta, and as an advisor to more than a dozen companies including Cisco, HubSpot and vario

Retailers and workers’ unions in Bangladesh negotiating a legally binding workers’ safety accord that was due to expire today reached a tentative deal last week to extend it by three months, provided the 200 signatory retailers, which include apparel retailers like Inditex and H&M, agree on the extension. The signatories have until June 10 to give their nod.The Accord on Fire and Building Safety in Bangladesh was signed in 2013 after the Rana Plaza collapse that killed at least 1,100. Origin