English fashion designer Stella McCartney adds yet another feather to her hat. The designer will be honoured with the first-ever Special Recognition Award for Sustainability at British Fashion Council’s (BFC) annual Fashion Awards 2017. The sustainability award is a new tribute added to the event’s agenda and the council hopes that with McCartney as the first honouree, this award will push other brands/designers to approach sustainability with more prestige. Ever since her beginning, McCartney h
Giambattista Valli is the latest designer to enter the booming activewear market. The new activewear collection will be launched in June 2018 along with the label’s Pre-Fall line. It will feature 50-60 pieces consisting of coats, puffer jackets, sweatshirts and tracksuits. Priced between 1,100 and 2,500 euros, the collection will be available for purchase at Giambattista Valli boutiques and select speciality stores. Since his label’s inception in March 2005, Valli has become renowned for his fem
American fashion firm PVH Corp. is reportedly considering to merge its brands Tommy Hilfiger and Calvin Klein to make a single entity in India. If true, the merger would make it a company with retail business of more than Rs. 1,000 crores in the Indian market. Brand-wise, Tommy Hilfiger alone reported Rs. 750 crores in retail sales while Calvin Klein’s revenue stood Rs. 250 crores in the previous year. The venture will reportedly be managed by Tommy Hilfiger CEO Shailesh Chaturvedi; Arvind Limit
Ex-Diesel Canada Chief Joey Adler has joined hands with Trey Alligood, former Gents President & Creative Director to launch a self-proclaimed 90 percent gender-neutral apparel line, Shades of Black (SOB) which is available from December 2017 and targets millennials’ demand for simplistic design and gender inclusivity. SOB is built around a minimal palette of black, white and grey shades and will offer easy-going of sweatshirts, jackets, joggers, T-shirts and an assortment of denim.
US-based fashion brand Guess has rolled out financial statements for the third quarter ended October 28, 2017. During the period under review, the fashion retailer recorded GAAP net loss of US $ 2.9 million compared to the GAAP net earnings of US $ 9.1 million in the same quarter of 2016. Asia, Europe and the US remained the key markets for the retailer during the reporting quarter. Guess’ Europe revenue increased by 18.8 per cent in US dollars and 11.9 per cent in constant currency. Retail sale
Finnish fashion retailer Lindex has once again been honoured as the ‘Fashion Chain of the Year’ at Habit Fashion Awards, held recently at Cirkus, Stockholm. The retailer has been awarded ‘Net Omnikanal’ for its digital efforts. The company is known for its rich offerings of exciting and affordable collections for women and kids. It has been into the e-business for the last ten years and currently sells online across Europe. At the event, Lindex was also praised for the initiatives it took to pro
The Indian unit of Italian fashion retailer United Colors of Benetton (UCB) has forged a tie-up with Devbhumi, a company owned primarily by rural women artisans from remote villages of Uttarakhand. The idea behind this association with the local organisation is to empower over 6,000 rural women artisans across India. The tie-up between the two is aimed to bridge the gap between local artisans and global consumers. Lack of such platforms has made them (artisans) deprived of showcasing their craft
Major US apparel retailer Macy’s Inc. has announced its third-quarter results and reported that its sales plunged 6.1 percent to settle at US $ 5.281 billion as against US $ 5.626 billion in the corresponding quarter last year. Additionally, comparable sales of Macy’s on an owned-basis dropped by 4 per cent and 3.6 per cent on an owned-plus-licensed basis. Closure of stores previously announced by Macy’s is seen as a major factor responsible for the negative impact on the financial results. Macy
Michael Kors has announced financial results for the second quarter ended September 30, 2017, which is turned out to be better than expected for the company. The fashion retailer’s total revenue increased by 5.4 percent to US $ 1.15 billion during the reporting period from US $ 1.09 billion in the same quarter last year. In the reporting quarter, Michael Kors’ retail sales were up by 8.0 percent to US $ 645.0 million. Gross profit also zoomed 7.2 percent to US $ 690.8 million. The company’s comp
Hello, peeps! We bring to you some of the best Instagram feeds from Australian bloggers. These bloggers contributed in our ‘Blogger Outreach Program’ and reviewed the fabulous prescription glasses and prescription sunglasses on their blog and social feeds. It’s been a pleasure working with them. Take a look!