03 October 2023
03 October 2023
Global fashion brands had hoped to grow a customer base in leading fashion sourcing countries such as China, India and Brazil, but 2023's choppy economy has impeded domestic sales.
Levi Strauss, Worldly and Trove share insights into resale as a sustainable strategy for fashion brands.
Last week, US private equity powerhouse Sycamore Partners announced it was acquiring US womenswear and accessories retailer Chico’s FAS Inc, a move that “made sense” to industry onlookers.
UK online fashion company Boohoo has warned full-year sales could fall by as much at 17% as a result of reduced spending by cash-strapped customers.
US senators and the National Council of Textile Organizations (NCTO) call on President Biden to tackle the impact of China’s so-called "predatory" trade practices" on the country's domestic apparel manufacturing sector.
John Lewis Partnership chairman Sharon White is stepping down at the end of her initial five-year term with an industry expert noting her short tenure is not ending on a high and her replacement in early 2025 will "face significant challenges".
Hundreds of garment workers, trade unions, and labour rights advocates from the UK's city of Leicester protested on 1 October for more secure jobs and fairer wages with some calling the current situation a "repeat" of the maltreatment reported during the pandemic.
More than 20,000 visitors from 112 countries attended the fourth edition of Texhibition in Istanbul.
Capture inbound enquiries from sector-specific, high-intent buyers who are actively seeking your products and services through Buyer’s Guides.
Menswear is the largest category within the outdoor sportswear market due to the practice of outdoor sports being traditionally more popular with men, and the streetwear trend originating in menswear. Womenswear has more scope to grow, with an expected CAGR of >7% between 2022 and 2027 (per GlobalData), as more female consumers take up outdoor sporting activities and more brands launch female focused ranges, including fashion players like H&M and Zara.
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