Augusta Sportswear Brands has implemented Discover e-Solution’s (DeSL) digital transformation solution, including PLM. The leading manufacturer and marketer of innovative high-performance activewear selected DeSL after an extensive search of potential vendors. DeSL, headquartered in the US, is a market leader in digital transformation solutions.Pic: Augusta SportswearThe brand needed a powerful solution to increase their speed-to-market and match their growing demands for new product development

The much awaited sale of Debenhams has finally happened!Image Courtesy: lancashiretelegraph.co.ukThe ailing British fashion label – along with its brands, website and intellectual property rights – has been bought by Boohoo for £55 million. The deal, however, doesn’t include Debenhams’ stores.Besides leaving out 120+ Debenhams stores, the deal also excludes financial services and stock that will continue to be with Debenhams.What’s, however, disheartening is that the sale would now leave all 12,

MILAN – Luxury fashion brand Gucci has unveiled a new ‘nature-positive’ strategy which it says will target improvements to carbon emissions, climate and biodiversity.Set to be outlined at today's digital World Economic Forum (WEC), the strategy – called ‘Natural Climate Solutions Portfolio’ – will pay particular attention to habitat restoration and regenerative agriculture.“We want to be part of the solution for nature and climate by mainstreaming practices and systems that will transform na

Fashion retailers, who are fast learning the new norms, are now exploring and embracing new product categories in order to survive.We saw underwear label Thinx expanding into activewear early this year and now this British menswear brand Hawes & Curtis too has launched its maiden loungewear collection. That’s the call of customers in this ‘new world’ and Hawes & Curtis has understood this well.Also Read:Underwear brand Thinx expands into activewearKnown for its formalwear and premium cot

GENEVA - The supply chains of eight industries - including fashion - are responsible for more than half of all carbon emissions globally, according to a new study from the World Economic Forum.The report, Net-Zero Challenge: The supply chain opportunity, published in partnership with the Boston Consulting Group (BCG), says tackling supply chain emissions could be a "game changer" against climate change.Fully decarbonising these supply chains would be achievable at low cost with existin

Continuing the dismal performance, the apparel sales figures of Japanese department stores took a dip in 2020. The revenues have already been contracting since early 2019 and pandemic has only made it worse.The total revenues from apparel category valued 1,141 billion yen (US $ 11 billion) during 2020, declining 31.10 per cent on Y-o-Y basis, according to the latest released data by Japan Department Stores Association (JDSA).Apparels constituted 27 per cent of overall sales that took place in th

The US-based clothing retailer Francesca’s, which filed for Chapter 11 bankruptcy in November 2020, has got the green signal from the court of a deal to sell itself.Image Courtesy: people.comFollowing court approval, the fashion retailer will, reportedly, be sold to TerraMar Capital and Tiger Capital. Notably, the retailer was acquired during the recently concluded auction process.As per the statement released to media, Francesca’s has said that TerraMar has expressed its commitment to keep arou

Uniqlo Global Brands has reported a huge fall in its revenue in the first quarter of FY2021.Image Courtesy: hokkaidoguide.comThe fashion stalwart saw the revenue of its Global Brands segment drop by a worrying 22.3 per cent to clock 28.0 billion yen for the said period.The segment also saw a slight operating loss of 0.2 billion yen for the quarter. Notably, it had made a profit of 1.8 billion yen in the first quarter of FY2020.Brand-wise, the retailer’s Theory brand posted massive fall in its re

UNIQLO International has kicked off its FY2021 on a positive note as operating profit of the brand’s international stores (outside Japan) increased amidst declining revenues in Q1 (September-November period).The revenue fell to 260.6 billion yen (down 7.20 per cent), while operating profit surged to 41.4 billion yen in Q1 of FY 2021, noting 9.50 per cent increase from the same period of FY 2020 – thanks to strong revenues and profit gain from UNIQLOGreater Chinaas strong performances in Mainland

Fast Retailing’s fashion brand GU has reported a positive Q1 (September-November period) of FY 2021 both in revenues and profits.The brand clocked 76.5 billion yen, noting 4.90 per cent Y-o-Y growth in Q1 ’21, while operating profit valued 13.6 billion yen with a significant surge of 9.90 per cent.The same-stores sales of the brand increased due to rising demand of its sweat-style knitwear products for which brand ran strong advertising campaigns.The other products which grew were the ones that