Courtesy: Neonyt Messe FrankfurtThe Neonyt Trade Show, to be held during January 15-17, 2019 as part of Berlin Fashion Week, has an impressive fringe programme with an aim for a paradigm shift in the fashion industry towards a future that saves resources. Neonyt, taking place for the first time, is the synthesis of the two successful formats Greenshowroom and Ethical Fashion Show Berlin. “The current change in consciousness,” says Olaf Schmidt, vice president Textiles and Textile Technologie

India’s foreign direct investment (FDI) policy on e-commerce does not allow foreign investments in multi-brand retail, the Department of Industrial Policy and Promotion (DIPP) under the ministry of commerce and industry recently clarified. FDI is allowed only in the business-to-business (B2B) e-commerce segment and not in the business-to-consumer (B2C) segment. "Certain averments suggest that Press Note 3/2016 had covertly allowed multi-brand retail trading. Such a view is completely contrar

Courtesy: KANA MATSUNAMI X Veronique MoriezJapanese designer of fashion and jewellery, Kana Matsunami, and Parisian innerwear designer, Veronique Moriez, have joined hands to launch a new lingerie collection named ‘Kana Matsunami X Véronique Moriez’. The collection will be presented at ‘Exposed’ trade show, at the Salon International de la Lingerie in Paris, Italy, from January 19-21, 2019. The lingerie collaboration is comprised of four lines, four odes to nature and light; ‘Jardin Des Deli

Courtesy: GTTES 2019The second edition of the global textile technology and engineering show, GTTES 2019, will be held from January 18-20, 2019, in Mumbai. GTTES 2019, organised by India ITME Society, is ready to start a new successful business year with new optimism, opportunities, and prospects for the textile industry with more than 400 exhibitors from around 48 countries. GTTES has grown in size and numbers and has achieved 26 per cent growth rate attracting about 168 companies as first

Courtesy: AlizillaTmall Luxury Pavilion, Alibaba Group’s dedicated site for high-end brands, has launched a redesigned app which features a new “Maison” store format that enhances the brand experience for luxury shoppers. The Maison storefronts enable brands to customise their digital editorial content and storefront designs to speak to their brand image and tone of voice. An invite-only option available to a select group of the world’s most-prestigious and time-tested luxury brands, Maiso

Courtesy: IMG RelianceThe ‘Circular Design Challenge’ - a collaboration of Reliance Industries Ltd’s (RIL) R|Elan ‘Fashion for Earth’ initiative, Lakme Fashion Week (LFW) and United Nations (UN) in India, has shortlisted eight designers based on innovative collections made by them using waste materials like plastics. This will be India’s first sustainability award in fashion. The aim of the ‘Circular Design Challenge’ initiative is to bring to the forefront environmental champions of tomorrow

Courtesy: Capri HoldingsCapri Holdings Ltd, formerly Michael Kors Holdings Ltd, has completed acquisition of Versace, an Italian luxury fashion company, for a total enterprise value of €1.83 billion (approx $2.12 billion). Global fashion luxury group Michael Kors has changed its name to Capri Holdings beginning January 2, 2019, with ticker symbol CPRI on New York Stock Exchange. The acquisition of Versace is expected to deliver a number of benefits for Capri Holdings. It can now expand its gl

Courtesy: Pexels‘Act For Better Life’ will be the new key phrase for next year’s fashion market, according to the Samsung Fashion Institute which says that the year 2019 is expected to be a challenging year for the fashion industry as consumers increasingly search for products that can maximise convenience while meeting a variety of individual preferences. From a business perspective, the phrase reflects robust activities to be expected among fashion firms to diversify revenue, including proa

Courtesy: wulfAiming to take the boredom away from the same old styled jeans, Shiva Texyarn has introduced Wulf Jeans. The company feels the style of jeans one chooses is an expression of personality. Its jeans are more creative, flashy, and glamorous, splashed with rhinestones, embroidery, and fabric paint in various patterns to add personality and spice. Wulf Jeans are available for both men and women. Their flagship products are designer fabrics, rucksacks /specialised military gear inclu

2Bme, a fashion apparel brand owned by the RP-Sanjiv Goenka Group, is aiming to triple sales by 2023. Launched in 2017, the high street fashion brand is also working towards expanding its presence across the country. Since its launch, 2Bme has already earned revenue of more than Rs 100 crore. It provides contemporary fashion for daily needs. Planning to increase its presence through EBOs, large format MBO’s and e-commerce platforms, it opened its second store in Kolkata. "We will look at open