StyleScan, the Los Angeles-based fashion-technology start-up, will finally emerge from its stealth mode and make debut in the business-to-business market.Image Courtesy: apparelnews.comThe company has started a round of pre-Series A funding, which will be used for the company’s growth dependent on StyleScan’s proprietary technology.The technology uses machine learning to create Posner called a visualisation AI service that is set to disrupt the traditional catalogue photoshoot.The brands associa

For the first time in 2021, over 60 per cent of Adidas products will be made with sustainable materials like recycled polyester or sustainable cotton. With this, the company moves closer toward its objective to end plastic waste, it said recently. From 2024 onwards, Adidas will shift to using only recycled polyester. Since 2018, it has been using exclusively sustainable cotton.Pic: AdidasSince 2015, Adidas has been collaborating with the environmental organisation Parley for the Oceans. This yea

In just a decade, American ready-to-wear label Veronica Beard, started by two sisters-in-law, has managed to carve a niche for itself in womenswear.Image Courtesy: southernconfidential.blogsThe womenswear fashion brand has announced the opening of another store in Boston to woo all the Americans who have developed a liking for the brand’s ready-to-wear, denim and footwear collections.What’s notable is that this will be Veronica Beard’s 13th store in Boston – and that too at the much reputed Newb

Target, the renowned American fashion giant, is recalling more than 400,000 pieces of baby clothing owing to safety concerns.Image Courtesy: retail.economictimes.indiatimes.comThere’s a fear that some of the snaps of babywear could break and may cause choking problems.Though there are no reports of any choking or mishap happening, yet it is believed that some consumers have complained of some pieces coming off the babywear.Consequently, the retailer has now recalled the aforementioned pieces of

Turkish clothing retailer LC Wakiki recently opened its flagship store in Uganda’s capital Kampala. It is located in Acacia Mall, a high-profile shopping complex, the store is part of the firm’s Africa growth strategy. Since President Recep Tayyip Erdogan visited Uganda in 2016, several Turkish businesses have increased their footprint in the African nation.Pic: Milenova Elena / Shutterstock.comLC Waikiki opened its first international store in 2009 and has since expanded rapidly across the worl

Ted Baker, the global British lifestyle brand, has reported 45.9 per cent revenue decline to £169.5 million in its first half (H1) of fiscal 2021 that ended on August 8, 2020, compared to the revenue of £313.3 million in same period last fiscal. Company incurred a loss before tax of £86.4 million (H1 FY20: £23.0 million) in first six months."This has been an unprecedented period for Ted Baker and today's interim results clearly show both the impact of the Covid-19 pandemic and the steps

Lakmé Fashion Week and Nexa have brought to the fore pathbreaking and inspiring innovations through technology and keeping up that momentum, they are all set to introduce India's first-ever ‘Nexa Digital Couture in association with Lakmé Fashion Week.’Six celebrated and esteemed designers from the fashion fraternity will be bringing this concept to life.Abraham & Thakore for Nexa Digital Couture with LFW. Pic: LFW"Nexa Digital Couture promises to bring to consumers a one-of-a-kind i

The global export of knitted dresses has increased 3.38 per cent to $8,820.67 million in 2019 from $8,532.32 million in 2017. Total exports raised 2.07 per cent in 2019 over the previous year. However, the export is expected to drop to $8,458.40 million in 2022 with a rate of 4.11 per cent from 2019, according toFibre2Fashion's market analysis tool TexPro.Pic: ShutterstockThe global import value of knitted dresses was $8,705.52 million in 2017, which improved 6.69 per cent to $9,287.52 milli

Never before has one seen bricks-and-mortar stores in such a bad shape as it has been this year – all thanks to the pandemic.Image Courtesy: retailnews.asiaAmidst all this, Spanish fashion retailer Mango is all set to enhance its bricks-and-mortar presence in the US.The clothing retail giant has expressed its plans to roll out 3 stores in the first quarter of next year.Notably, the new stores will be opened in 3 major US shopping centres that are run by the renowned Simon Property Group.The Span

Vince Holding Corp, a leading global contemporary group, has reported financial results for the third quarter (Q3) of fiscal 2020 ended on October 31. Net sales during Q3 FY20 fell 34.0 per cent to $69.0 million compared to $104.5 million in the same period previous fiscal. Company’s net income decreased to $4.9 million (Q3 FY19: $6.0 million).Pic: Vince Holding“We saw sequential improvement in our sales trends and delivered an operating profit, even excluding the benefit of rent concessions, th