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  • Intertek, a total quality assurance provider, has launched local services in Haiti and the Dominican Republic to support fashion and footwear retailers and brands that are increasing their sourcing activity in the region. Intertek’s expansion will offer local sample collection with courier service to the Softlines laboratory in Guatemala City. With dedicated technical experts stationed in the Dominican Republic, inspection of soft goods products such as garment and home textiles can be perfor
  • Pure London has announced that the fashion event is collaborating with Graduate Fashion Week to showcase ten of this year’s graduates from the ‘Top 25 Graduate Collections’ including award winners, on the Pure London main stage catwalk. Pure London is UK’s leading trade fashion buying event, which will be held from July 22 to 24, 2018, in London. As part of Pure London’s ongoing commitment to supporting up and coming design talent, visitors will be able to see the inspiring and visionary w
  • In a step towards exchange of fashion between China and South Korea, POP Fashion and Korea Hongik University Graduate School of Fashion have unveiled a comprehensive cooperation on the research of popular fashion trends in China and South Korea, a two-way training programme for fashion talent and exchange of designers from both countries. Zhang Wei, vice president of POP, signed the contract with representatives of South Korea's national treasure designer and dean of Korea Hongik Universit
  • Chanel is the most emotionally intelligent brand followed closely by Louis Vuitton, according to a survey. Chanel has earned an overall score of 7.14 out of a maximum possible 10. The fashion brand’s score is driven primarily by two elements, which account for 50 per cent of the score weighting, including quality of products and customer service experience. Chanel ranks among the top two contenders for quality of merchandise and is ranked number 1 for its customer service experience on the
  • J Sainsbury plc has agreed for a financing package of £3.5 billion in the proposed combination with Asda Stores Ltd, Walmart’s UK subsidiary, working with its existing banks and new institutions. Sainsbury's revolving credit facility will rise from £1.45 billion to £2.0 billion at transaction close, providing further financial flexibility to the joint group. J Sainsbury said in a release that it is on track to achieve £200 million of cost savings this year. Walmart had said on April 30
  • Secoo Holding, Asia's largest online integrated upscale products and services platform, is now a strategic partner of L Catterton Asia, the Asian unit of the largest and most global consumer-focused private equity firm, and JD.com, China’s largest retailer. Secoo has got a US$175 million investment as three-year convertible note from L Catterton and JD.com. Pursuant to the convertible note and warrant subscription agreement, L Catterton and JD will subscribe for a convertible note with the p
  • Major British high street stores like Asos, River Island, New Look and Next will participate in the Shape GB campaign, a survey conducted for the first time in 17 years across the United Kingdom to create standardised sizes. Around 30,000 adults will submit their measurements using an app that will enable retailers to adhere to a new universal sizing system. The survey will measure people’s body’s via a revolutionary body volume indicator (BVI), according to British media reports. Users
  • On a reported basis, the retail sales of Asos plc, a global fashion destination, for four months ended June 30, 2018, has climbed 22 per cent while it went up 21 per cent in constant currency. The company has recorded continued market share gain in the United Kingdom with retail sales growth of more than 23 per cent in the reported period. The company expects FY18 sales to be within the range of 25-30 per cent and the gross margin is forecast to be around 100 basis point. "I am pleased with t
  • Indian brand PrettySecrets has tied up with Myntra to be a part of Myntra’s Brand Accelerator Program. PrettySecrets has seen a month on month growth of over 80 per cent on Myntra as compared to last year’s End of Reason Sale on Myntra. This year, PrettySecrets has grown by 110 per cent, with sales worth Rs 4 crore in June on Myntra alone. PrettySecrets’ growth chart over the past one year has had a very positive influence over Myntra which in turn is one of the biggest fashion e-commerce bra
  • Burberry has recorded 3 per cent increase in its comparable sales in the first quarter of fiscal 2018, with a solid performance in retail in a period of transition. The company has also announced strategic investment in key markets including relocating and expanding its flagship store in Dubai and closing an additional two outlets in the reported period. In the first quarter of fiscal 2018, Burberry completed global roll out of new digital clienteling tool supporting enhanced customer service
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