INSIGHTS Under Armour saw a 5 per cent decline in Q4 revenue to $1.3 billion, with North American sales dropping by 10 per cent, while Its full fiscal 2024 revenue decreased by 3 per cent to $5.7 billion. Conversely, Goldwin Inc reported a 10.3 per cent increase in net sales in FY24, but its FY25 forecast anticipates a decline in profitability despite continued sales growth.

INSIGHTS Hermes announces the opening of its twenty-fifth leather goods workshop in Loupes, France, by 2026, employing 260 artisans. It aims to preserve and transmit leatherworking expertise through its Gironde hub, which includes an apprentice training centre. Collaborating with local partners, Hermes is strengthening its commitment to regional development. Hermes’ twenty-fifth leather goods workshop in France – will open in 2026, ultimately employing 260 artisans trained in the

INSIGHTS In mid-May, several prominent companies in the fashion and retail industry released their financial results for the fourth quarter and full fiscal 2024 (FY24). This report highlights the performance of California-based Boot Barn, Japanese fashion company Gunze Ltd, London-headquartered Burberry Group Plc, and Denver-based VF Corporation.

INSIGHTS Online fashion shopping leads global e-commerce, with 56.1 per cent of respondents buying clothing and accessories online. Only 3.1 per cent never shop online. Key motivations include convenience and cost savings, while some prefer in-store shopping for safety. Emerging technologies like social commerce and augmented reality are gaining traction. Online fashion shopping is leading the charge in global e-commerce, with 56.1 per cent of respondents purchasing clothing and accessories o

INSIGHTS Copenhagen Fashion Week's May bulletin dives into European policy and its impact on fashion. With the European Parliament's final session concluding on April 25, key agreements like the Corporate Sustainability Due Diligence Directive and ESG Ratings Regulation were approved. Upcoming elections are crucial as new MEPs will influence future policies. Copenhagen Fashion Week has published its May policy bulletin that takes a deep dive into the European policy landscape and its signific

INSIGHTS The 77th Cannes Film Festival dazzled with celebrity fashion from day 3 to day 6. Highlights included Emma in a black and white Louis Vuitton mini dress, Selena Gomez in Saint Laurent, and Demi Moore in a red Giorgio Armani Privé gown. Bollywood stars Aishwarya Rai Bachchan, Mrunal Thakur, and Sara Ali Khan also turned heads with their stunning outfits. The 77th edition of the ongoing Cannes Film Festival continues to be a glamorous spectacle, with celebrities showcasing stunn

INSIGHTS Coats Digital's FastReactPlan has significantly enhanced the efficiency of High Fashion/Dali China Limited, a leading Chinese fashion manufacturer. By implementing FastReactPlan, High Fashion has reduced order confirmation time by 50 per cent, improved capacity planning by 10 per cent, and boosted production line efficiency by 5-10 per cent. Coats Digital is delighted to announce that following the implementation of Coats Digital’s FastReactPlan, vertically-integrated, Chinese

INSIGHTS Marimekko and UNIQLO launch a new limited-edition collaboration collection for Summer 2024, featuring iconic Marimekko prints on UNIQLO's comfortable pieces. Available globally from May 2, the collection reflects a joyful summer picnic theme with items for all ages. Marimekko x UNIQLO collab boosts brand, earns revenue, extends successful partnership. Finnish lifestyle design house Marimekko and global apparel retailer UNIQLO will launch a new limited-edition collaboration collection

INSIGHTS Prabal Gurung teamed up with Boll & Branch for a unique Met Gala gown worn by Maria Sharapova. The dress, in daffodil yellow, features a plunging neckline and an opera cape. Made from Boll & Branch's organic cotton, it took 20 yards of fabric and over 300 hours to complete. Both brands prioritise sustainability and South Asian roots in their design philosophy. Esteemed fashion designer Prabal Gurung tapped Boll & Branch, the leading luxury bedding brand, for a first-of-it

INSIGHTS The 2024 Met Gala, themed 'Sleeping Beauties: Reawakening Fashion,' took place at the Metropolitan Museum of Art in New York City, celebrating the evolution of style. Celebrities like Zendaya, Jennifer Lopez, and Cardi B showcased their unique interpretations of the theme with outfits from designers such as Giambattista Valli and Alexander McQueen. On the first Monday in May, the fashion world's glitterati graced the Metropolitan Museum of Art in New York City (NYC) for the annual Me