Reliance Industries Ltd recycles used polyethylene terephthalate (PET) bottles offering end-to-end traceability throughout the entire supply chain from PET bottles to fibres—a completely transparent and socially compliant mechanism that has generated a huge demand from some of the major fashion houses, according to Gunjan Sharma, chief marketing officer, polyester business.The company has also started a series of initiatives to create awareness about recycling of plastics in the industry and soc

Tata Group'sarm Trent Ltd is planning to raise up to ₹1,550 crore ($222.9 million) during the current fiscal to fund its expansion plans in India. About ₹950 crore will be raised from issuance of shares to promoter Tata Sons on a preferential basis, while the rest will be raised through the issuance of equity shares, the company said in a regulatory filing.For fiscal 2018-19, Trent’s profit was ₹127 crore as against ₹117 crore in the previous year. Its total income in the last fiscal was ₹2,

Net-A-Porter, a premier luxury fashion destination, has unveiled Net Sustain, a platform to highlight and celebrate the brands sold on site that meet the business’ criteria for sustainability. This will help customers identify the brands and products which meet the sustainability criteria. The platform will feature 26 brands and 500 products initially.Pic: YNAPEvery item within Net Sustain meets one or more of five key attributes ranging from considered materials and processes to reducing waste

The net sales of Vince Holding, a leading global luxury apparel and accessories, has improved 1.1 per cent to $55.1 million in the first quarter of fiscal 2019 as compared to $54.5 million in the first quarter of fiscal 2018. Comparable sales rose 1.1 per cent, including e-commerce sales, primarily due to an increase in average dollar sale.Pic: Vince HoldingGross profit was $28.3 million, or 51.3 per cent of net sales, compared to gross profit of $25.5 million, or 46.8 per cent of net sales, in

Farfetch, the global technology platform for the luxury fashion industry, has become a founding member of the Libra Association and will work with other founding members in the lead-up to the launch of the initiative in the first half of 2020. The association will operate and develop the Libra Blockchain, which will be secure, scalable, and reliable.The Libra Association will be responsible for operating and developing the Libra Blockchain, which will be secure, scalable, and reliable. It will s

The first quarter results of Chico's Fas stabilised in line with the fourth quarter 2018. Theis making progress in elevating the product aesthetic and delivering more balanced merchandise architecture to its customers. The company reported net income of $2.0 million in the reported quarter as compared to net income of $29.0 million last year.Pic: Chico's FasFor the first quarter, gross margin was $190.8 million, or 36.9 per cent of net sales, compared to $226.9 million, or 40.4 per cent

Mexico has accused fashion house Carolina Herrera of ‘cultural appropriation’ of its indigenous patterns and textiles in its latest collection. Thefounded by Venezuela-born designer Carolina Herrera used designs with meanings that were personal or specific to some families and communities, the Mexican culture ministry said in a letter dated June 10.Pic: Carolina HerreraThe letter was addressed to Herrera, former creative director of the New York-based fashion house, and present creative director

Pic: TCNS Clothing Co Ltd: W & AureliaCompany:TCNS Clothing Co Pvt LtdLocation: Cosmos Mall, Zirakpur, PunjabArea:2100 sq ftProduct profile:The store has Aurelia’s collection on one side and W’s collection on the other side of the store.W’s collection in the store comprises complete rangekurtas, fashion bottoms like palazzos, skirts, trousers,dupattasand accessories for women. The assortment also includes brand’s Yolo collection with eco-friendly products inspired from sustainability. The st

As part of its sustainability, Aditya Birla Fashion andLtd. (ABFRL) is all set to join a unique and pioneering industry-led platform, ‘Circular Apparel Innovation Factory’ (CAIF) in collaboration with Intellecap. CAIF is India’s first industry-led platform, aiming to build a circular apparel andindustry in India.Ashish Dikshit, Managing Director; Pic: Aditya Birla Fashion and Retail LimitedCAIF will search, seed, support, and scale circular textile and apparel innovations in India by building an

Pic: Primark:PrimarkCompany:Associated British Foods (ABF)Location: Ljubljana, SloveniaArea:45,208 sq ftProduct profile:The store features the latest trends in women’s, men’s and children’s fashions, including footwear and accessories, along with lingerie, beauty and homeware.The assortment in the store also comprises Primark’s certified cruelty-free Leaping Bunny PS-Beauty range, as well as brand’s sustainableranges that include pajamas, jeans and homeware.Store design | Interiors & VM | Fi