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  • Chanel has announced that it will begin production protective face masks to help prevent the spread of COVID-19. The French luxury house is currently making prototypes and will roll out production upon approval from the French government.The companythat it would halt production of its own merchandise for a short period of time as a result of the global pandemic. It has also canceled its upcoming cruise show, scheduled for spring.Despite the virus' impact on Chanel's business, the company
  • The recent Coronavirus (COVID19) outbreak, which has prevented as many as 1000 consumers from attending Europe’s best-fashion shows in this month, is one of the biggest risks to the Chinese luxury industry since the financial crisis in 2008. In addition, the outbreak also disrupts supply chains for more mid-market clothing, with retailers and fashion labels voicing concern about Chinese factories ‘ ability to produce autumn-winter collections as expected. As Bernstein’s luxury goods analyst Luca
  • Brand and retailers dealing with apparel, footwear and fashion across the United States and Europe have mostly closed their stores, either fully or partially, and continue to monitor the situation unfolding because of the COVID-19 pandemic. Some fashion houses have taken the initiative to provide medical staff with adequate face masks and protection gowns.Pic: ShutterstockGerman sportswear maker Adidas has joined rivals in announcing store closures. Adidas and Reebok-owned stores in Europe, Nort
  • WAKEFIELD – Katrin Ley from Fashion for Good and Catharina Martinez-Pardo from the Boston Consulting Group (BCG), the authors of a new report on what it will cost to meet the industry's sustainability goals, join Mike Schragger from the Sustainable Fashion Academy.EntitledFinancing the Transformation in the Fashion Industry, the report makes a case for the size of financial investment needed to develop the innovations required to meet key sustainability goals.Ley and Martinez-Pardo explain h
  • With the world struggling to come out of COVID-19 crisis, several events and shows are getting cancelled every day.Image Courtesy: jingdaily.comAnd amidst all this turmoil, Shanghai Fashion Week has joined hands with Chinese e-commerce pioneer Alibaba to host a first fully digital show.That’s the need of the hour considering there are lots of restrictions on social gathering.The much-awaited runway shows are going to be streamlined on Tmall starting today (24 March) and will continue till 31 Mar
  • Coronavirus crisis just doesn’t seem to be receding and events keep getting cancelled!Image Courtesy: stuff.co.nzThe New Zealand Fashion Week (NZFW), which was scheduled to be held in August this year, has now been put on hold. And add to it, even the 20th year celebrations of NZFW has been postponed for some time now.The organisers haven’t announced any fresh dates; however, a new date is being worked upon, which matches all the partners.Substantiating on the same, Dame Pieter Stewart, Founder,
  • Mango, as part of its commitment to progress towards more sustainable fashion, has joined the Sustainable Apparel Coalition (SAC), a leading organization in the textile sector which aims to promote good practices in the supply chain and measure the environmental and social impact of brands.Consequently, the multinational has joined the more than 250 brands, retailers, manufacturers, governmental and environmental organizations and academic institutions that form part of this initiative, which re
  • Hermès International SA, a French high fashion luxury goods manufacturer, posted 12.4 per cent revenue growth to €6.8 billion in fiscal 2019 ended on December 31, 2019 compared to €5.9 billion in previous fiscal. The recurring operating income rose 13 per cent to €2,339 million. Net profit jumped 22.2 per cent to €1,528 million over the year. The company reported that it continued to improve the quality of its distribution network, with both store openings, renovation and extension completed on
  • STOCKHOLM – Fashion giant H&M says it will ask its supply chain to produce personal protective equipment (PPE) to help medical staff tackle the COVID-19 outbreak and use its global networks to deliver them to hospitals as soon as possible..“The Coronavirus is dramatically affecting each and every one of us and we’re, like many other organisations, trying our best to help in this extraordinary situation,” said Anna Gedda, Head of Sustainability, H&M Group.“We see this as a first step in o
  • In an effort to promote sustainable clothing, HUGO BOSS has introduced a new line of suits that are made of Italian linen rather than traditional wool. The brand also claims that the manufacturing process of the suit doesn’t involve any animal-based materials.Image courtesy: www.lifestyleasia.comThe suits themselves feature a more relaxed silhouette with soft rounded shoulder pads, notched lapels and relaxed-to-slim fit trousers. The suits are available in grey and white colour options that are
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