INSIGHTSThe consumer price index (CPI) for clothing and footwear in Italy rose by 0.3 per cent month-on-month and by 3.3 per cent year-on-year in May this year.The rate of change of the CPI for the whole nation in May was 0.3 per cent on monthly basis and 7.6 per cent on annual basis.The slowdown was mainly due to the prices of non-regulated energy products.The consumer price index (CPI) for clothing and footwear in Italy saw a 0.3 per cent month-on-month (MoM) rise and a 3.3 per cent year-on-ye

INSIGHTSLouis Vuitton's Cruise 2024 show presented a women's collection in Italy, exploring a lush and baroque setting.The eclectic and fantastical wardrobe celebrated Nicolas Ghesquière's unique style, featuring aquatic folklore-inspired silhouettes.Neoprene transformed into winged wetsuits and seaweed patterns, while sequined ornaments represented scales.For the Cruise 2024 fashion show, Louis Vuitton presented its women’s collection in a majestic setting on the Italian island of I

IntroductionFashion is not just limited to adults; it has taken the world of children's apparel by storm. The global kids apparel fashion industry has witnessed remarkable growth, catering to the evolving tastes and preferences of young fashionistas. In recent years, there has been a significant shift in the fashion landscape for children, with an emphasis on style, comfort, and sustainability. This article explores the top global kids apparel fashion trends, highlighting how the industry is

Artificial intelligence (AI) has been making waves in the fashion and textiles industry in recent years, and 2023 promises to be no different. From designing and manufacturing to marketing and customer service, AI is revolutionizing the way businesses in this sector operate. This is substantiated by popular fashion brands like Zara, H&M, Dior, Macy’s, and Nike, who all use AI in their business models. Whether through AI chatbots, personalization, or trend forecasting, AI is already helping b

INSIGHTSTommy Hilfiger has joined the Mercedes-AMG Petronas F1 Team and Awake NY to create the Tommy x Mercedes-AMG F1 x Awake NY collection.The seven gender-inclusive styles, which include polos, baseball jerseys, and rugby shirts, combine street-style aesthetics with motorsport-inspired designs.The collection features racing numbers, logos, and colourways.Tommy Hilfiger, which is owned by PVH Corp, has announced together with Mercedes-AMG Petronas Formula One Team that New York streetwear bran

INSIGHTSFor its first quarter ending February 28, 2023, Swedish H&M Group reported net sales increase of 12 per cent. On consolidated basis,Adastria Co., Ltd reported its entire year net sales at ¥242,552 million, growing 20.3 per cent.San Francisco-based Levis Strauss & Co. reported its first quarter 2023 results with net revenues up 6 per cent to $1.78 billion.In the months of March and April 2023, six companies reported their business performance. The performances reported are for two

INSIGHTSIndia and Bangladesh outperformed China in supplying footwear to the US, with imports from Bangladesh increasing more than threefold and India's by over 75 per cent in the last five years.In 2022, US imports from China reached $13.802 billion, still making it the top supplier.However, both Bangladesh and India experienced significant growth after 2020.India and Bangladesh surpassed China in footwear supply to the US. In 2022, US footwear imports from China did not reach the levels ac

INSIGHTSThe UKFT Futures platform is open to a wide range of users, including new entrants, career changers, career advisors, and educators.This shows that the platform is designed to help anyone who is interested in exploring career opportunities in the fashion and textile industry.It has been developed with the support from the Textile Livery Group.UKFT has announced the launch of UKFT Futures, a brand-new platform promoting careers in the UK fashion and textile industry. Developed with the ge

Fashion companies that adapt to shifts in the industry’s merchandising model can create a competitive advantage, according to McKinsey, which recently said in an insight note that given the current economic environment and unprecedented uncertainty, the need to get merchandising right is even more urgent than usual.For that reason, many companies are seeking out new approaches to turn more efficient, and many are adding cutting-edge digital tools to their armories, the note said.About 97 per cen

Exports of textiles and apparel from the United States went up by 4.05 per cent in January 2023. The value of exports stood at $1.895 billion during the period under review compared to $1.821 billion in the same period of last year, according to the data from the Office of Textiles and Apparel (OTEXA), US department of commerce.Category-wise, apparel exports increased by 14.97 per cent year-on-year to $575.443 million, while the exports of yarn ($340.260 million) and fabric ($683.212 million) in