For the year to March 31, 2019, British clothing company Fred Perry Limited reported net turnover of 122.2 million pounds (160.2 million dollars), an increase of 3 percent compared to the previous year. The company said in accounts filed with the Companies House UK that sales in the UK remained at the […]

Toms Shoes has transferred ownership of the company to its creditors to restructure its debt. Reuters first reported the news following a letter sent by the company to its employees at the end of December. Previously, Toms was owned by brand founder Blake Mycoskie and private equity firm Bain Capital. […]

In September 2019 Amazon disclosed its carbon footprint for the very first time. The online retail behemoth unsurprisingly contributed more greenhouse gas emissions than some big competitors in retail, logistics and technology, but released a statement in the by now familiar corporate format that it […]

Next Plc has announced that full price sales in the Christmas trading period were 1.1 percent, 9 million pounds (11.8 million dollars) ahead of its internal forecast, driven by a much colder November than last year and improved stock availability in both retail stores and online. For the full year, […]

Bloomberg has reported that Reliance Industries Ltd. has begun testing its new online shopping platform JioMart in a bid to compete with Amazon. Reliance Industries Ltd. is owned by Indian billionaire Mukesh Ambani. JioMart will start off being open to select customers who pre-register and will offer […]

ANALYSIS New York - In the U.S. alone, Statista estimates return deliveries will cost 550 billion dollars by the end of this year, that’s 75.2 percent more than four years prior. Notably, that number doesn’t include restocking expenses nor inventory losses. Size and fit were the top reasons why people […]

ANALYSIS New York - The global artificial intelligence (AI) in fashion market accounted for 270 million dollars in 2018 and is expected to grow at a CAGR of 36.9 percent over the forecast period 2019-2027, to account for 4,391.7 million dollars in 2027. A recent report (‘Artificial Intelligence In Fashion […]

ANALYSIS Nueva York - The Indian fashion industry has gone through tremendous change in 2019. FashionUnited looks into where it has landed by the end of the year. Meet the new India’s fashion: Homegrown, craft-oriented, greener, digital-first. The Indian fashion industry is one of the largest in the […]

When it comes to garment manufacturing, the denim industry is the one putting the most strain on the environment due to the washes, dyes and chemicals used and the overall water consumption needed to make just one pair of jeans (currently around 2,000 gallons or 7,600 liters of water). All the more […]

"Made in China" may still evoke more off the rack than catwalk, but Chinese designers are slowly installing themselves in Paris, the fashion capital, as a part of an upscale march towards the lucrative luxury market, a segment that is increasingly made up of Chinese shoppers. As Paris gears up for its […]

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