INSIGHTS The International Woolmark Prize evolves with a two-year program focusing on sustainability and innovation. It introduces the Karl Lagerfeld Award for Innovation to recognise brands pushing boundaries in Merino wool. Applications opened on April 16, inviting global designers to apply until June 30, 2024, with finalists selected by an Advisory Council. The International Woolmark Prize, the world’s most prestigious award for rising fashion talent, is evolving to enhance its focus

INSIGHTS France's parliament targets ultra-fast fashion with crackdown, proposing bans on ads and fines/item. Australia emphasises ethical production amid growing consumer sustainability awareness. Global Sourcing Expo in Sydney focuses on sustainability, tackling environmental impact. Panels discuss circular fashion and conscious fashion evolution among major retailers. In March 2024, France’s lower house of parliament unanimously voted in favour of a crackdown on ultra-fast fashion,

INSIGHTS Launching on April 23, 2024, Mango's collaboration with Victoria Beckham embodies quality and femininity. Aligned with Mango's Strategic Plan 2024-26 targeting over 4.5 billion euros by 2026, this partnership emphasizes unique value propositions, solidifying Mango's fashion presence and commitment to elevated standards, promising timeless style and innovation. Mango, one of Europe’s leading fashion industry groups, is teaming up with Victoria Beckham to launch a new capsule col

INSIGHTS Major global fashion brands face increasing water-related risks, emphasising the need for water risk management, as per a report. The report highlights regulatory and reputational threats, with significant financial consequences from water stress. Urging transparency and science-based water targets, it calls for industry-wide sustainability efforts. Leading global fashion brands and retailers, including Adidas, Gap, H&M, Inditex, Levi Strauss, Nike, PVH Corp, Ralph Lauren, and VF

INSIGHTS Gucci will present Design Ancora at Milan Design Week 2024, led by creative director Sabato De Sarno. Exploring iconicity, the project will feature five Italian symbols reinterpreted for modernity. Architect Guillermo Santoma will design the showcase space. The objects, representing Milan's essence, will be available for purchase online after the event. Gucci is set to unveil Design Ancora during the Milan Design Week 2024 which will be held from April 15-21. Design Ancora is the occ

INSIGHTS Sam Edelman, the Caleres brand, launches its SS'24 campaign featuring Kylie Jenner. Jenner embodies modern women, praising the flawless fit and confidence in Edelman's designs. Edelman expresses gratitude for Caleres' support and plans for a fashionable future. The campaign showcases iconic styles, with Edelman making personal appearances at Nordstrom in April. Sam Edelman, the contemporary lifestyle brand celebrated for its iconic footwear and a lead brand in the Caleres (NYSE: CAL

INSIGHTS Burberry introduces Burberry Classics, featuring essential styles revamped with signature house codes. The Burberry Check is reinvented in sand and lichen tones, adorning swimwear, jackets, and shirts. With materials comprising at least 70 per cent organic or 50 per cent recycled content; this launch aligns with Burberry's ReBurberry programme. British fashion house Burberry has introduced Burberry Classics, a curation of wardrobe foundations reimagined with a unique Burberry slant.

In 2023, the apparel industry faced persistent and deepening challenges. On a regional basis, Europe and the US saw slower growth throughout the year, while China's initially strong performance faded in the second half. Though the luxury segment did well initially, it too began to feel the effects of weak demand towards the end of the year, leading to declining sales and uneven performance. Figure: In the US, the luxury sector is forecast to grow by 0 to 2 percent. New Year means new start,

INSIGHTS LFW kicks off today, marking its 40th anniversary. With 66 designers, including emerging talents in the DiscoveryLAB programme and Ukrainian designers, the event showcases London's creative community. New additions include dunhill and Colville, while Dilara Findikoglu and Marques'Almeida return. The CWC offers 500 public events alongside the main schedule. London Fashion Week presented by 1664 Blanc (LFW) February 2024 is scheduled to start today, February 16. It is celebrating 40 ye

In 2023, the apparel industry faced persistent and deepening challenges. On a regional basis, Europe and the US saw slower growth throughout the year, while China's initially strong performance faded in the second half. Though the luxury segment did well initially, it too began to feel the effects of weak demand towards the end of the year, leading to declining sales and uneven performance. Figure: In the US, the luxury sector is forecast to grow by 0 to 2 percent. New Year means new start,