The global swimwear market is expected to reach 28,148 million US dollars by 2024, a compound annual growth rate (CAGR) of 6.2 percent from 2018 to 2024, according to a new report from Allied Market Research. The report reveals that growth of the global swimwear market is primarily being driven by product […]

Consumers care more and more about the environment, according to Jan Agelink, one of the founders of Dutch trendwatching firm Buro Jantrendman. He presented a lecture titled “Fashion goes outdoor” at Dutch fashion trade fair Modefabriek last month. According to Agelink, not only are today’s consumers […]

Denim apparel giant Levi’s has announced a set of ambitious targets to reduce carbon emissions across its owned-and-operated facilities and global supply chain by 2025 in a new climate action strategy. What it is calling “aggressive targets” in a press statement, the climate action strategy is aimed […]

London-based retail start-up Virtualstock, which provides cloud-based inventory solutions for six of the top 10 UK retailers, has completed an Enterprise Investment Scheme (EIS) fundraising round of 3.42 million pounds, and appointed René Schuster as chairman with immediate effect. The Enterprise Investment […]

The board of directors of Salvatore Ferragamo S.p.A. in a statement announcing the half year financial results said that total revenues reached 674 million euros (787 million dollars), down 6.2 percent at current exchange and 3.4 percent at constant exchange rates over the same period in 2017. The board […]

While the menswear market is on track to outpace the womenswear market, Saint Laurent is actually seeing a boom thanks to their womenswear. The Kering-owned brand has been one of the most precious gems of the luxury conglomerate, and under the creative direction of Anthony Vaccarello and the business […]

Garmon Chemicals, international supplier of textile chemicals and auxiliaries, has announced its’ new set of initiatives towards making the fashion industry more environmentally responsible and transparent. The new goals for the company, which was purchased in January 2018 by the US-based Kemin Industries […]

Steve Madden, for its second quarter ended June 30, 2018, reported net sales increase of 5.8 percent to 395.8 million dollars. Gross margin for the quarter, the company said, was 37.3 percent. Net income was 32.4 million dollars or 0.56 dollar per diluted share, compared to 29 million dollars or 0.50 […]

REPORT In the First Half of 2018, consolidated revenues at Aeffe Spa amounted to 171.1 million euros (200.4 million dollars), an increase of 14.1 percent at current exchange and 15 percent at constant exchange rates. The Group’s consolidated Ebitda was equal to 21 million euros (24.6 million dollars), […]

Fossil Group, Inc. has announced signing of a global licensing agreement with Bayerische Motoren Werke Aktiengesellschaft (BMW) for the design, development and distribution of BMW branded watches and smart-watches through 2023. “BMW is one of the most iconic brands in the world,” said Kosta Kartsotis, […]

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