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  • With the ongoing pandemic, there is greater demand for AI tools and e-commerce features that will make the lives of consumers easier.Image Courtesy: prnewswire.comKeeping this in mind, Shnap, a visual search engine for fashion, has announced its global launch.Available as an app and browser extension on Android, iOS and Chrome, Shnap helps users take a ‘snap’ or photo of outfits and clothes so that they can shop the products they see instantly or even compare to find what they’re looking for.The
  • Marks and Spencer (M&S), the British multinational retailer, will be announcing hundreds of job cuts in the coming week. This is a part of company’s restructuring process that could affect many employees.Image Courtesy: www.thegrocer.co.uk“We don’t comment on speculation and, if and when we have an announcement to make, our colleagues will be the first to know,” an M&S spokeswoman said.The retailer mentioned it was already in the middle of a new plan to restructure the business before pa
  • Alexander Taylor, a London-based designer, will be launching ATID – a platform to sell technical apparels made from biomaterial and leftover inventory.Image Courtesy: static.dezeen.comThe platform will be launched on 4 August 2020 and will initially be selling garments made from biomaterial and unused fabric, deadstock or from outdoor factory KTC.The products will include a three-layer waterproof, seam-taped mac, parka jacket and bag made using heat bonding technique, and also super lightweight
  • Fashion industry has been causing devastating environmental impacts. On an average, people buy 60 per cent more clothing than they did around 15 years ago and so have increased the rate at which they discard the clothing.Fashion For Good is a global platform aimed to right this and to take the world towards a circular Good Fashion approach that is restorative and regenerative by design.Its museum Fashion For Good Experience recently reopened after being shut due to the current situation caused b
  • SAN FRANCISCO - Fashion brand Gap Inc has become the latest to commit to paying its suppliers in full for orders it cancelled because of the coronavirus pandemic that were already completed or in production."Gap Inc will work collaboratively with its vendors to compensate them in full for finished goods and goods in production that were cancelled or subject to pack and hold," the company said in a statement."While we have extended payment terms on certain orders, in the immediate
  • LONDON - The British Fashion Council (BFC) has announced that London Fashion Week will go ahead this September in a revised format that will include both physical and digital shows.The event will be held from 17-22 September and will feature traditional runway shows with social distancing, as well digital shows via the digital LFW platform.Back in February, before the COVID-19 lockdown, the BFC responded to pressure from Extinction Rebellion (XR) to cancel London Fashion Week in September by say
  • JioMart, the new commerce initiative of Reliance Industries Limited (RIL) will be expanded in the days ahead to cover fashion, RIL's chairman and managing director Mukesh Ambani has said. RIL, the first Indian company to exceed market capitalisation of $150 billion, will become one of the world's leading New Energy and New Materials company by 2035.Pic: PRIYA DARSHAN / Shutterstock.com"In addition to grocery, we will expand JioMart to cover electronics, fashion, pharmaceutical and h
  • LEICESTER - Fashion brand Quiz has suspended all activity with one of its suppliers in Leicester following allegations that garment workers were being paid just £3 an hour to make its clothes.It follows a series of allegations about garment factories in Leicester, including suppliers to fast fashion giant Boohoo, over illegally low pay and conditions which were linked to the coronavirus spike which forced the city back into lockdown.The latest allegations follow a report in The Times newspaper t
  • Sportswear giant Nike is all set to give its patrons in China a wholesome retail experience with the introduction of Nike Rise: a first-of-its-kind concept store by the brand, launching in Guangzhou, China.Image Courtesy: news.nike.comAs the brand focuses efforts on digital transformation, Nike Rise joins the league of other concept stores including Nike Live in Tokyo, Japan and House of Innovation in New York City.The store will create a personalised shopping journey that connects the shopper w
  • Despite the lockdowns being lifted, the threat of the pandemic has not lessened and neither has the rate at which brands are going bankrupt.Ascena Retail Group, the owner of Ann Taylor among other mall brands, is preparing to declare bankruptcy along with the closure of at least 1,200 stores permanently.As early as next week, the Group could be looking at filing for protection under Chapter 11, in an attempt to unload US $ 700 million of a total US $ 1.1 billion in debt.Out of a total fleet of a
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