Courtesy: Alexander-Mcqueen/ KeringKering has witnessed sustained and profitable growth throughout 2018. Consolidated revenue totaled €13,665.2 million, up 26.3 per cent as reported and 29.4 per cent on a comparable basis, driven by all regions. The recurring operating income also soared 46.6 per cent to €3,943.8 million. At €2,955.2 million, there was strong free cash flow from operations. Throughout 2018, Gucci and Saint Laurent continued to deliver exceptional growth (up 36.9 per cent and

Courtesy: Centric SoftwareCamaieu, the leading French women’s ready-to-wear brand, has selected Centric Software’s Product Lifecycle Management (PLM) solution. Centric Software provides the most innovative enterprise solutions to fashion, retail, footwear, outdoor, luxury and consumer goods companies to achieve strategic and operational digital transformation goals. The apparel company wanted to equip themselves with a PLM solution to streamline operational processes and ensure a collaborati

Courtesy: GenescoFanzzLids Holdings has taken over Genesco’s Lids Sports Group for $101 million. The deal is subject to working capital and other adjustments and does not include a tax benefit estimated at $30 million. FanzzLids Holdings is a holding company controlled and operated by affiliates of Ames Watson. Genesco is a Nashville-based specialty retailer. Genesco sells footwear and accessories in more than 1,500 retail stores throughout the US, Canada, the United Kingdom, the Republic of

Courtesy: GucciGucci was ranked the hottest brand on the planet in The Lyst Index, the quarterly report ranking fashion’s hottest brands and products, from October to December. The Gucci Soho Disco bag was the hottest women’s product and more than six million shoppers searched for a Gucci bag, belt or shoe in that period. Italian brands continue to dominate the index. Among the Italian brands, Fendi has climbed up a further four places, while Stone Island re-enters the hottest brands list af

Some Philippine Government employees will soon wear uniforms designed by top designers using domestic fabrics, according to Celia Elumba, director of Philippine Textile Research Institute (PTRI), which has sought the help of top designers to make prototypes of at least three uniforms for staff of the department of science and technology (DOST) and five partner agencies. PTRI operates under DOST. The designers are Rajo Laurel, JC Buendia, Albert Andrada, Barge Ramos, PJ Aranador and Patrice

Courtesy: Reliance RetailReliance Retail, a part of oil-to-telecom conglomerate Reliance Industries, has jumped 95 places on Deloitte’s global powers of retailing 2019 index to bag the 94th spot as revenues soared on back of growth in grocery, consumer electronics, fashion and lifestyle businesses. This was supported by a combination of store expansion and same-store sales growth. In the first nine months of the current fiscal, the company reported more than doubling of revenue to ₹93,903

Courtesy: HanesBrandsChampion is celebrating a century of teamwork with the launch of its centennial anniversary campaign ‘100 Years for the Team’. The campaign will explore what it means to be a team in 2019 from the perspective of global participating teams, clubs, squads, and crews. Champion offers athletic apparel like activewear, sweats, tees, sports bras, and accessories. From its humble Rochester, N.Y. beginnings in 1919 as Knickerbocker Knitting Mills to its position today as one of

Courtesy: Global Fashion AgendaHighlighting the urgency of combating climate change, non-profit organisation Global Agenda has released CEO Agenda 2019 at the World Economic Forum’s Annual Meeting. The second edition of CEO Agenda presents eight sustainability priorities that every fashion CEO needs to address–because sustainability is no longer just a trend, it’s a business imperative. Developed in collaboration with leading fashion players Asos, Bestseller, H&M Group, Kering, Li & F

Courtesy: AdidasAdidas is aiming to produce 11 million pairs of shoes containing recycled ocean plastic. In 2018, over five million pairs of shoes containing recycled plastic waste were produced. Adidas is offering its consumers real added value beyond the look, functionality and quality of the product, as every shoe is a small contribution to the preservation of oceans. As an outcome of cooperation between the sporting goods manufacturer and the environmental organisation and global collabor

Courtesy: Fancycrave on UnsplashGarment exports from Egypt earned $1.598 billion last year, registering an increase of 9.5 per cent over $1.459 billion fetched in the previous year, according to the data released by the Readymade Garments Export Council (RMGEC), an organization set up jointly by the ministry of trade and industry and the country’s prominent readymade garments exporters. Nearly 50 per cent or $797 million of the Egyptian apparel exports were destined to the US, according to