The world's top luxury goods group LVMH bounced back from the coronavirus pandemic to rake in higher sales in January-March than in the first quarter of 2019, the French company said in partial results published Tuesday. At 14 billion euros (16.7 billion dollars), revenues grew 30 percent on 2020's […]

Denim Expert Bangladesh One year of Corona - one year of lost sales and continuous uncertainties for the fashion industry and global trade. How does this affect the countries where garments are manufactured and produced? Shortly after the Corona outbreak in March of last year, it quickly became apparent […]

Denim Expert Bangladesh One year of Corona - one year of lost sales and continuous uncertainties for the fashion industry and global trade. How does this affect the countries where garments are manufactured and produced? Shortly after the Corona outbreak in March of last year, it quickly became apparent […]

June Sarpong, BFC non-executive director The British Fashion Council has announced it has implemented the Halo Code, the UK’s first Black hair code. The Halo Code is a campaign pledge signed by businesses that explicitly protects employees who come to work with natural hair and protective hairstyles […]

Pentland Brands Pentland Brands, which owns Speedo, Berghaus, and other sports and outdoor lifestyle brands, announced it has partnered with academic institutions across the UK to nurture design students through mentoring workshops, career opportunities, and fabric donations. The company stated it has […]

JD Sports Fashion Plc said in a statement that despite the temporary closure of stores in a number of countries at various times in the year, total revenue for the group increased by approximately 1 percent in the year to 6,167.3 million pounds. Total gross margin in the year of 48 percent was slightly […]

Image: Sosandar, Facebook In its fourth quarter, Sosandar reported revenue of 3.94 million pounds, up 63 percent. For the financial year ended March 31, 2021, the company expects to report revenue of 12.2 million pounds, up 35 percent, with the EBITDA loss reduced by over 60 percent. Commenting on the […]

Fullpic Kim Kardashian’s empire is still growing. The entrepreneur and reality stars Skims line of shapewear is now valued at 1.6 billion dollars. The company recently led a Series A round of funding at 154 million dollars led by Joshua Kushner’s venture capital firm Thrive Capital. Additional investment […]

Shanghai - Chinese regulators hit e-commerce giant Alibaba with a record 18.2 billion yuan (2.78 billion dollars) fine on Saturday over practices deemed to be an abuse of the company’s dominant market position. The State Administration for Market Regulation said it assessed the fine after concluding […]

Since the pandemic started, sales of pajamas, loungewear and comfortable clothing fitting for stay-at-home and work-from-home new routines have exploded. Recent research estimates the pajama global industry will be worth three times more by 2027. Market research firm NPD Group has told ‘Business Insider’ […]

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