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Nike maintains its position as the world’s most valuable apparel brand, according to a report by London-based Brand Finance, an independent brand valuation and strategy consultancy. Nike’s brand value has increased by 16 per cent since last year to $32.4 billion on the back of healthy sales growth in China, Europe, the Middle East and Africa, it said.
Pic: Nike
Rival Adidas, meanwhile has bitten into some of Nike’s North American market, with brand value rising by 17 per cent to $16.7 billi
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The growth of e-commerce, mobile shopping, and the urge to meet ever-rising expectations of personalisation among customers are the things that will drive the global apparel market this year. This was among the key points that came out of a webinar organised by Fibre2Fashion, the leading portal for global textile-apparel-fashion industry, on February 28.
The year 2018 has seen world apparel players witnessing store downsizings and lesser retail growth but increase in sales due to digital mark
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Rue21, a leading fast fashion apparel retailer, is expanding its omni-channel shopping experience by offering buy-online-pickup-in-store (BOPIS) across its 700+ retail locations. Working with Mastek on the development and rollout, Rue21 aims to increase the convenience and flexibility for its loyal customer base with this mobile-first approach.
Pic: Rue21
Through BOPIS, Rue21 customers can check for the stock availability of any product in the nearest store, purchase the product online and p
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One-fourth of accessories and three-fourths of ready-to-wear apparel displayed at the WWD Magic trade show held in Las Vegas in February first week were dedicated to women, according to Kelly Helfman, president of the show. Hundred and fifteen new brands participated in the show this time, many of which were from Portugal and Africa, she said.
Pic: WWD Magic
WWD Magic, organised by leading producer of fashion tradeshow events UBM Fashion, is a bi-annual show with the largest selection of wo
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Gap Inc. has announced the purchase of Janie and Jack, a leader in premium children’s fashion, from Gymboree Group Inc. Janie and Jack is operating more than 100 retail stores in the US along with an e-commerce site offering apparel of outstanding quality. Janie and Jack will continue to operate as a standalone brand based in San Francisco.
Pic: Janie and Jack
The transaction was completed on March 4, 2019, with Gap Inc. purchasing Janie and Jack for approximately $35 million with an additio
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Social media hashtags could be the effective way for fashion designers to forecast trends to better connect with consumers, according to new research from the University of Missouri which finds that social media data can help fashion companies discover how communities are connected to their brands and whether celebrity endorsements have the desired impact.
Pic: University of Missouri
Data analytics are impacting all kinds of business, including the fashion industry. Li Zhao, assistant profe
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In fiscal 2018, Nordstrom's combined physical and digital presence represented a competitive advantage in offering customers a differentiated experience. The company's digital sales increased 16 per cent and made up 30 per cent of sales. One-third of total customers, shopped across multiple channels, which lead to higher customer spending during the period.
Pic: NordstormFor fiscal 2018, earnings per diluted share was $3.32, which included a $0.05 favourable income tax benefit related to prio
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Renowned businesses G-Star RAW, Crystal International, ERDOS Group, Everlane and Selfridges Group have joined Global Fashion Agenda’s new associate partners circle, supporting the organisation’s mission to make the fashion industry sustainable. Global Fashion Agenda is the foremost leadership forum for industry collaboration on sustainability in fashion.
Pic: Global fashion agenda
Today, Global Fashion Agenda is proud to announce its new partnership circle: the Associate Partners group, whi
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Splendid, a division of Delta Galil, has announced that it has named Holly Shapiro as its creative director. In her new role, Shapiro will succeed Pamela Protzel-Scott, who has served as vice president of design and creative director of Splendid for more than 17 years. Protzel-Scott will serve as a consultant as needed to insure a smooth transition.
Pic: Splendid/Delta Galil
Shapiro brings nearly 20 years of premium design expertise from leading brands including Calyspo St. Barth, Haute Hipp
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Brand: Leegin Creative Leather Products
Location: 14th floor of the World Trade Center, Dallas Market Center, US
Product profile: Leegin Creative Leather Products, an iconic name in leather goods and accessories, joins dozens of leading companies recently committed to new showrooms at Dallas Market Center. It will showcase its Justin and Tony Lama belts inside custom showroom space on the 14th floor of the World Trade Center.
Pic:Dallas Market Center
Bytes: “We are pleased with the allianc