INTERVIEWFaruque Hassan is the new president of the Bangladesh Garment Manufacturers Association (BGMEA). The country has been hit hard by the Covid-19 pandemic, and with the looming expiration of the Bangladesh Accord, a new tug-of-war has begun between brands, factories, unions and NGOs over responsibilities […]

Image: Volha Flaxeco, Unsplash How the rise of reuse and repair models will change the landscape of the Dutch clothing industry. Countries around the world are racing to make plans to curb climate breakdown by 2050—with some spotlighting the circular economy as a means to this end. Let’s imagine a scenario […]

Image: Tommy Hilfiger, Facebook First quarter revenue at PVH Corp. increased 55 percent to 2.079 billion dollar and increased 46 percent on a constant currency basis compared to the prior year period. Earnings per share on a GAAP basis was 1.38 dollars compared to a loss per share of 15.37 dollars in […]

Image: Roland Mouret, Facebook Grosvenor Britain & Ireland has snapped up a stake in luxury British label Roland Mouret, marking the landlord’s first equity investment in one of its occupiers. The investment has been made through Grosvenor’s Tenant Investment Fund which was established last year […]

Image: Depop US online marketplace Etsy is to acquire British second-hand fashion platform Depop for 1.6 billion dollars as part of a Gen Z push. Etsy, a marketplace that specialises in handmade and vintage goods, announced Wednesday it plans to buy Depop primarily in cash as it looks to attract a younger […]

Image: UnsplashINTERVIEW Logistics often operates in the background, but as a key success factor for fashion companies it should not be neglected. However, the current pandemic and unexpected events such as the blocking of the Suez Canal a few weeks ago pose a considerable challenge to the smooth flow […]

Image: Eddie Bauer, Facebook Forever 21 owner Authentic Brands Group (ABG) and retail enterprise SPARC Group have completed their acquisition of US outdoor brand Eddie Bauer. “We are thrilled to welcome this iconic American outdoor brand into our portfolio,” said ABG founder and chair Jamie Salter in […]

Image: Uniqlo website May 2021 same-store sales including online sales at Uniqlo Japan decreased by 0.6 percent while total sales including online sales increased by 3.6 percent. The company, part of the Fast Retailing Group, said in a statement that same-store sales dipped slightly because while fewer […]

Image: Shanghai via Pexels Global demand for Chinese-made clothing surged in the first four months of the year, with a total valuation of 44.41 billion dollars exported. The data was shared by the General Administration of Customs of China, which said demand was up 51.7 percent over the same period […]

Image: JD Sports British sportswear retailer JD Sports has denied media rumours that its CEO and executive chair Peter Cowgill is planning to exit the business. In a statement released Tuesday morning, the company said: “JD can confirm to both investors and to its international brand partners that the […]

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