German luxury fashion brand Hugo Boss has unveiled a new growth strategy designed to double group sales to EUR4bn (US$4.74bn) by 2025 after hailing a strong acceleration in business recovery in the second quarter.
The Frasers Group has confirmed it is now in discussions to transition the CEO role...
Vietnam’s garment and footwear sector is expected to miss full-year turnover targets by around US$6bn as the country grapples with rising Covid infections and vaccine constraints which have forced factory shutdowns.
The Clean Clothes Campaign has launched a public tracker system in a bid to show which brands are advocates of a new factory safety agreement in Bangladesh and which ones are not.
The apparel industry is undergoing existential change. To survive, factories, suppliers and their national industries must recognise, accept and deal with that change.
| Top countries for growth | AI roles advertised Q1 2021 |
|---|---|
| US | 47 |
| Italy | 40 |
| Singapore | 6 |
| France | 6 |
| India | 3 |
| Norway | 3 |
| Belgium | 3 |
| UK | 2 |
| Netherlands | 2 |
| San Marino | 2 |
| Switzerland | 2 |
The US economic recovery depends on vaccination and slowing the Covid-19 pandemic as consumers worry about new variants of the virus, the National Retail Federation (NRF) has said. Meanwhile, a labour shortage and supply chain disruptions are setting the stage for increased inflation.
House of Anita Dongre has become the first Indian fashion house to join international environmental organisation Canopy’s CanopyStyle and Pack4Good initiatives.
The wholesale value of the outdoor goods sector in Europe dropped 9.5% last year to EUR5.3bn (US$6.3bn) as a result of Covid-19 with apparel and footwear both falling 10.4% to EUR2.6bn and EUR1.5bn respectively.
German sportswear giant Adidas has raised its full-year outlook thanks to top-line acceleration in the second quarter.
Next Plc and New Look are among the retailers backing a new pilot designed to help the UK fashion and textile industry drive sustainability and profitability through increased transparency within the supply chain.
Japanese sports footwear giant Asics has taken a stake in Japan Healthcare Co, a healthcare startup that makes insoles based on digital photos taken by a smartphone.
Concept: French startup Sweep has developed an online tool to simplify the process of collecting...
Concept: Researchers at Canada’s Memorial University of Newfoundland (MUN) have developed a greener alternative to...
Concept: Researchers at Canada’s Memorial University of Newfoundland (MUN) have developed a greener alternative to...
Concept: Sweden-based startup SuperNormal has rolled out an AI-powered asynchronous communication tool to improve remote...
Concept: London-based OpenSensors has offered sensor-based data-powered solutions to enterprises to assist them to optimize...
Concept: London-based OpenSensors has offered sensor-based data-powered solutions to enterprises to assist them to optimize...
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