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  • French President Emmanuel Macron is using Kering SA chief executive officer Francois-Henri Pinault’s help to lead a global fashion industry sustainability drive, seeking to reduce its environmental footprint by urging brands to commit to progress on issues like ocean health, biodiversity and climate change during this summer’s G7 summit in Biarritz.Specific targets could include eliminating disposable plastics within three years or converting to renewable energy sources by 2030, Pinault told a n
  • Shenzhen Huijie Group (Huijie), a leading intimates company in China, has recently announced that it has successfully implemented Centric Software’s Product Lifecycle Management (PLM) solution. Huijie had selected Centric 8 PLM to build a digital platform for one of its underwear brands, Langerie, which is aimed at young women who value fashion and style.pic: HuijieThe relationship between Huijie and Centric Software began in Shenzhen in 2017 when Li Wanzhen, general manager of Huijie business d
  • There is a clear need for more transparency between consumer and fashion brands as 97 per cent of consumers want more transparency, says a survey by sustainable US fashion brand Dhana. Almost half of shoppers want to know about the ethical aspect, 41 per cent want to know the environmental, and the remaining want to know the location of production, it found.Dhana, founded by Shamini Dhana in 2008 and headquartered in Sausalito, California, recently released the ‘WearOurValues2019’ at the world&#
  • Amazon has almost doubled itsvalue to $316 billion, while expanding to fields like entertainment, while Alibaba is now the second most valuablebrand, says a survey. Rising environmental concerns about fast fashion weighed on the brand values of Inditex's Zara, down 10 per cent to $23 billion, and H&M, down 39 per cent to $6.4 billion.The value of the Amazon brand jumped 91 per cent, while Alibaba's rose by 48 per cent to $131 billion, according to the annual BrandZ ranking by British
  • Ever-Glory, a retailer of fashion apparel and a global apparel supply chain solution provider, reported sales of $88 million for Q1 of 2019 ending March 31, 2019, a decrease of 5.2 per cent from $92.8 million in Q1 of 2018. Total gross profit of the company for Q1 of 2019 decreased by 6.3 per cent to $29.4 million, compared to $31.3 million for Q1 of 2018.Pic: Ever-GlorySales for the company’s branded fashion appareldivision decreased by 11.4 per cent to $59.9 million for Q1 of 2019, compared wi
  • The web traffic at Koovs, the Western fashion experts for online Indian consumers, has gained 50 per cent to a total of 75.9 million during 2019. The company's Gross Order Value (GOV) stood at £12.8 million as against £12.8 million during the last year. During the reported period, the trading margin improved to 18 per cent from 14 per cent during 2018.Pic: KoovsSeparately, the company has reached a binding, subject to shareholder approval, with Future Lifestyle Fashions Limited (“FLFL”), par
  • Satyam Fashion Institute (SFI), Noida inspires a lot of aspiring designers every year to accomplish their dream prompting them to learn, groom and showcase their inner attributes. In the pursuit of the excellence of these graduating designers, Satyam Fashion Institute celebrated recently the true spirit of womanhood through Design Show ‘TRIPTYCH 2019’ at NCUI Auditorium, Siri Fort, New Delhi.This glamorous event provided a platform to showcase the ravishing attires designed by the Graduating Bat
  • Nike was the favourite brand among men capturing 6 out of 10 places in the list of ‘Hottest men’s products’ category in Q1 2019, according to Lyst Index, a quarterly ranking of fashion’s hottest brands and products. For the first time ever, sneakers made up the entirety of the first quarter’s Hottest Men’s Products list featuring a total of 7 sneakers.Pic: LystWhile one pair of Nike Air Force 1 was viewed every minute, the Nike LDV Waffle x Sacai sneakers sold out almost immediately after they w
  • H.I.G. Europe, the European arm of H.I.G. Capital, has taken over Cadica, Tessilgraf and Bernini. Together, they form a global leading trim and packaging manufacturer for the premium and ultra luxury fashion industry. The combined group specialises in garment labels, tags and packaging supplies for the leading premium and ultra luxury fashion brands.The solutions offered are of increasing strategic importance for fashion houses keen to differentiate their image and products from those of competi
  • New York-based womenswear brand Jason Wu was recently acquired by Shenzhen-based private equity fund Green Harbor, which announced on its WeChat account its acquisition of a majority stake in Jason Wu’s parent company JWU without offering any details about the figures involved in the transaction. WeChat is a popular Chinese social media tool.Pic: Jason Wu StudioTaiwanese-Canadian designer Jason Wu, who trained under Narciso Rodriguez and served as womenswear artistic director at Hugo Boss from 2
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