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WASHINGTON – The Fashion Industry Charter for Climate Action has today launched a new ‘playbook’ to enable actors in the fashion supply chain to identify what climate actions to take and which initiatives could support them on the road to decarbonisation.The new playbook is primarily intended for small and medium-sized fashion companies that have yet to take any action on climate change, but who want to join larger players in the sector to deliver 'net zero emissions' by 2050.Officiallyl
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As a perfect example of major diversity and inclusion in the world of fashion, US designer brand Tommy Hilfiger has announced its first hijab line. The light, the gray hijab has a strenuous and comfortable shimmer and a gentle lurex cord. The mosaic-style TH initials are displayed in a block pattern and the branding of Tommy Hilfiger runs on a strip at the top. The hijab of the fashion brand of luxury designers has entered the markets in select Tommy Hilfiger stores and is available digitally an
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MINNEAPOLIS - 3D printer manufacturer Stratasys is working with fashion designers through the European Union funded Re-FREAM project to make the production of fashion more sustainable.The company's PolyJet 3D printing technology played an integral role in designer Julia Koerner's new ARID collection which focuses on material efficiency and sustainability.The ARID collection, which does not involve any sewing, consists of 38 3D printed parts that can assembled into a full-length dress or
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LONDON - Cross-party MPs are calling on the British government to help fix fashion by doing more to support the development of more sustainable fabrics, boost textile recycling and help to bring back manufacturing jobs to the UK.Those are the key conclusions of a new report, Making the UK a Global Leader in Sustainable Fashion, drawn up by the All-Party Parliamentary Group (APPG) for Ethics and Sustainability in Fashion with support from the Hubbub environmental charity.It comes a little over a
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The most uttered topic of the COVID-19 pandemic has created a deep wound in the whole fashion retail and its supply chain. For instance, one of the biggest apparel consumer market – the USA’s consumption has been shrunk by 50%.Figure: US fashion consumption is headed for a 50% decline to around US$200bn.As the US presidential election nears, President Donald Trump – in a patriotic zeal, continuously distancing with China by tariff hiking. Which is greatly impacting the fashion apparel industry.
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Burberry, the British fashion house, has collaborated with Twitch, the provider of live streaming service, to livestream its Spring/Summer 2021 fashion show this week.Image Courtesy: racheleganblog.wordpress.comWith this, the brand becomes the first luxury brand to do so. The show will be completely remote and no guests would be attending the event.This comes after a lot of designers have leveraged the use of technology to show their collection digitally amidst COVID-19 as many fashion shows wer
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In a report by the USFIA, 90 percent of fashion firms plan to increase their contracting, especially in the manufacturing and supply chain positions, even though optimism about the future of the industry is shrinking due to the outbreak. Even though the fashion companies have diversified their sourcing across Asia and, to a lesser degree, in Mexico and Sub-Saharan Africa this year, China remains at the forefront of apparel sourcing and development. These companies are based in the long term on s
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The US retailer, Gap Inc., has announced plans for closing down more than 225 stores worldwide this year, with a further batch next year. A net loss of $62 million in revenue declined 18% during the second quarter. Sales from physical companies decreased by 48%, compared with a meteorically 95% increase in online sales. During this time, the company has acquired over 3.5 million clients.The company did not give any indication of where in the world its stores would close, or which banners are mos
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The J.Crew Group in the United States recently announced it has successfully completed its financial restructuring process and emerged from Chapter 11—a form of bankruptcy that involves a reorganisation of a debtor's business affairs, debts and assets. It is well positioned for long-term growth after equitizing more than $1.6 billion of secured indebtedness.Pic: J Crew GroupThe Anchorage Capital Group is now the majority owner of the J.Crew Group, an omni-channel retailer of women's, men
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JC Penney, a US-based apparel and home retailer company, posted decrease in its total revenues to $1,459 million in its second quarter (Q2) for fiscal 2020 that ended on August 1, 2020, compared to revenues of $2,619 million in the same period previous fiscal. During Q2 FY20, company incurred a net loss of $398 million (Q2 FY19: $48 million).Pic: ShutterstockSelling, general and administrative expenses were down to $470 million ($870 million). Operating loss for the quarter was $153 million comp