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

Laura Ashley is the latest international fashion retail chain that indirectly faces the brunt of the current scenario.The company seeks help from administration to raise funds from the third party investor, or else the chain might crumble.It has been struggling to revive its fashion and home divisions. To avoid its chain from collapsing, the company is seeking funds from third party websites to maintain the liquidity flow.The company currently has 150 stores in UK employing more than 2,700 peopl

Guess Inc.has announcedthe closure of all its retail stores across United States and Canada starting from 17 March– yet another brand that has not been able to escape the wrath of the deadly Coronavirus.Image Courtesy: www.alizila.comThe fashion brand’s stores will stay shut till 27 March.Notably, the retailers havealso temporarily shut theirGuess-operated stores in a number of countries in Europe, whereas in Asia the Guess-operated stores have been reopened.Carlos Alberini, Chief Executive Offi

Mavi, Turkey's leading jeans and apparel brand, posted 22 per cent rise in its consolidated revenues in fiscal 2019 that ended on January 31, 2019 to TL 2.863 billion (TL: Turkish lira) compared to prior year. Net profit over the year increased 33 per cent to TL 134 million. Consolidated e-commerce revenues for the year soared 86 per cent.Pic: Mavi“Mavi's exceptional brand awareness levels, our uncompromising customer focus and approach to quality from material innovation to production t

PARIS - Luxury brand Chanel has pledged to reduce its greenhouse gas emissions by 50 per cent across its own operations, and across its entire supply chain by 40 per cent per unit sold, by 2030.The pledge was made as part of the label's climate change commitment, entitled Chanel Mission 1.5°, in which it spells out its aim to limit global warming to1.5° Celsius above pre-industrial levels in line with the ambitious targets of the 2015 Paris Agreement.The company has made four commitments, ai