The denim industry produced $19.7 billion in merchandise in fiscal 2018, a figure which, according to a recent study, is predicted to increase an average of 3.2% over the coming years to reach $25.4 billion by 2025.
In order to win over younger consumers, the luxury industry should focus on emotion and transparency, while giving new importance to products and stores, according to a new study from consultancy firm Bain & Company.
The investment, which follows Zilingo’s launch of U.S. operations offices in New York and Los Angeles this summer, will facilitate new hires within the company’s sales and product teams, according to a press release.
Sustainable sourcing has become a strategic priority for the fashion industry, though the path towards it is long and fraught with obstacles, according to a survey by management consultancy firm McKinsey.
H&M is expanding its focus on making fashion greener and revealed on Thursday that it has been collaborating with Ikea on a large-scale study, reviewing chemical content in post-consumer textile recycling.
Supima, the cashmere of the cotton world, has won a fresh and artistic accolade. On Monday night, French artist Adrien Vescovi unveiled two giant seven-meter high toiles of dyed Supima inside the Palais de Tokyo.
Carla Sozzani, noted retailer, gatekeeper to the Azzedine Alaïa archives and all-round fashion legend, has a new project. The Italian lady opened her own Fondazione Sozzani Monday night in an unexpected neighbourhood.
Zalando has announced the appointment of Barbara Daliri-Freyduni as Senior Vice President, Demand, while Ralf Herbrich is set to join the German retailer as SVP Data Science and Machine Learning in 2020.
A study by French financial information specialist Ellisphere found that 1,758 textile and apparel companies went into receivership or were liquidated in France in 2018, out of a total of 113,262 registered businesses.
Shop Direct, Next and Varner and non-governmental NGO Save said the first phase of a project to improve employment conditions for young women in South India’s fabric mills has engaged almost 9,500 people.
Parisian trade show Première Vision welcomed 56,154 visitors on September 17 to 19, at an edition centred on the issues of sustainability and innovation, and boosted by an intense conference programme.