COVID’s Impact On The Fast Fashion Market And How Companies Can Counter It As Per TBRC’s Fast Fashion Market Report 2021

COVID’s Impact On The Fast Fashion Market And How Companies Can Counter It As Per TBRC's Fast Fashion Market Report 2021

Segments covered: By Gender – Women’s Wear, Men’s Wear; By Age – Adults Wear, Teens Wear, Kids Wear, Others; By Type – Pants, Coat, Skirt, OthersLONDON, July 21, 2021 (GLOBE NEWSWIRE) — As per The Business Research Company’s research report on the fast fashion market, the slowed-down economic activity due to COVID-19 across the globe … Read more

ETERNA trend report blouses spring/ summer 2022: A new focus

ETERNA trend report blouses spring/ summer 2022: A new focus

ETERNA blouses must be sustainable, special and high quality In the spring/summer 2022, the spotlight will be on the many facets of a blouse: it is a stylish fashion favourite whilst being feminine and flowing. A blouse can be oversized with intricate details, yet airy and relaxed. A blouse should be sporty and expressive, yet … Read more

LVMH-backed fund to buy 60% of Italian fashion label Etro: Report

French luxury giant LVMH (Bloomberg)

L Catterton, a private equity firm backed by French luxury giant LVMH, has agreed to buy a 60% stake in Italian fashion company Etro, two sources familiar with the matter said on Sunday. The deal values Etro at about 500 million euros ($590 million), the sources said, confirming reports in Italian newspapers La Repubblica and … Read more

99% of Big Fashion Brands Don’t Disclose If Workers Are Paid Living Wages: Report

99% of Big Fashion Brands Don’t Disclose If Workers Are Paid Living Wages: Report

4 Mins Read The latest index released by the nonprofit Fashion Revolution shows that 99% of major fashion brands still aren’t transparent about living wages. In the new Fashion Transparency Index 2021, the industry was also called out on its lack of disclosure over Covid-19 response and climate action.  The Fashion Transparency Index 2021 tracks … Read more

Most UK fashion brands ‘moving too slow on transparency’ over ethical practices – report | UK News

High street brands are not disclosing how many workers get living wages. File pic

The UK population buys the most clothes in Europe, yet major British brands are falling behind their European counterparts when being transparent about their sustainable practices.The findings from Fashion Revolution show many major high street names are hiding the number of workers in their supply chains being paid a living wage. Most carbon emissions come … Read more

More transparency around fashion supply chains needed, says report

More transparency around fashion supply chains needed, says report

Major fashion brands have been urged to increase the transparency of their supply chains and environmental impact after a new report found that the world’s largest retailers disclose, on average, just 23 per cent of their processes.Published on Tuesday, the Transparency Index analysed and ranked 250 brands based on how forthcoming they are. Italian brand … Read more

Nearly 60% of Sustainable Fashion Claims Are Greenwashing, Report Finds

Nearly 60% of Sustainable Fashion Claims Are Greenwashing, Report Finds

4 Mins Read Most fashion brands are “addicted to greenwashing”, says a new report. Some of the worst offenders making false or misleading claims include H&M, ASOS, and M&S. The report also called out brands for lack of transparency, among them Lululemon, Patagonia, and Burberry. Released by the nonprofit Changing Markets Foundation, the new report … Read more

Fashion brands and retailers virtually continue to buy and sell: Joor Report

Eminetra

The global fashion sector is in a post-pandemic recovery mode, and the majority of global fashion brands and retailers are expected to choose a hybrid virtual sales model to support direct bookings this summer. .. Joor: Fashion brands and retailers virtually continue to buy and sell According to a survey by Joor, a leading wholesale … Read more

Mr Porter’s Small World Launch Boasts Eco-Conscious Menswear Brands – Robb Report

Mr Porter Small World Launch

You don’t have to buy second-hand clothing in order for your wardrobe to be sustainable—and Mr Porter’s latest project proves it. On Monday, the luxury online retailer launched its Small World shop, a group of 33 global brands selected based on their craftsmanship, support of regional artisans or use of recycled and low-impact materials. The … Read more

Fashion Brands Are Among the Most Heavily-Targeted by Cybersquatters, According to New Report

Fashion Brands Are Among the Most Heavily-Targeted by Cybersquatters, According to New Report

Fashion brands are among those that are being most heavily targeted by cybersquatters, according to a study from the European Union Intellectual Property Office (“EUIPO”). In furtherance of its newly-released report, “Focus on Cybersquatting: Monitoring and Analysis,” the European intellectual property body investigated nearly 1,000 brand-name bearing domains across a number of industries during the first quarter of 2020 … Read more

Fashion brand websites overtake marketplaces in FY21 order volume growth: Report

Fashion brand websites overtake marketplaces in FY21 order volume growth: Report

Brand websites are driving online fashion retail growth with them reporting 66% order volume growth as compared to the previous financial year, says Fashion e-commerce Report: FY2021 vs FY2020, a new report from Unicommerce, a market leader in e-commerce enablement software for multi-channel, warehouse management and omnichannel services. “The fashion industry in India is setting … Read more

Fashion labels falling short on use of recycled materials – report

Fashion labels falling short on use of recycled materials - report

“The sheer volume of clothing produced by these websites is shocking – we should see many of these items, which go for rock-bottom prices, as akin to other short-lived plastics. The nature of fast fashion trends means they are not designed to have long lives in our wardrobes,” said the report’s co-author Josie Warden. Source … Read more

Fashion labels falling short on use of recycled materials – report

Fashion labels falling short on use of recycled materials - report

“The sheer volume of clothing produced by these websites is shocking – we should see many of these items, which go for rock-bottom prices, as akin to other short-lived plastics. The nature of fast fashion trends means they are not designed to have long lives in our wardrobes,” said the report’s co-author Josie Warden. Source … Read more

Future-proof fashion brands must listen to and learn from Gen Z: Report

Future-proof fashion brands must listen to and learn from Gen Z: Report

Gen Z reacts strongly to how brands respond to relevant social conversations, both positively to authentic brand activism and negatively to tokenism and performative acts. Also, this generation’s fashion purchases are influenced by the commitments brands make to social and environmental sustainability, says ‘Futureproof’, a Depop and Bain & Company collaborative report on Gen Z … Read more

Ritu Kumar I Reliance Brands in talks to acquire majority stake in fashion label Ritu Kumar: report

Ritu Kumar I Reliance Brands in talks to acquire majority stake in fashion label Ritu Kumar: report

Reliance Brands in talks to acquire majority stake in fashion label Ritu Kumar: report &nbsp | &nbspPhoto Credit:&nbspInstagram Key Highlights Reliance Brands to buy 30% stake of Everstone Capital other than promoter stake in Ritu Kumar Acquisition will give Reliance Brands better footing to take on rival Amazon in the segment Reliance … Read more

Report: International Brands Linked to Forced Labour in Indian Mills

Report: International Brands Linked to Forced Labour in Indian Mills

A female weaver works in a Tamil Nadu factory. Shutterstock Workers face “appalling” conditions in Indian spinning mills that produce yarn and fabrics for international clothing companies, according to a new report, “Spinning Around Workers’ Rights”, released by the Centre for Research on Multinational Corporations (SOMO) and Arisa, a workers’ rights NGO. SOMO and Arisa … Read more

Report: Forever 21 Owner Authentic Brands Plans IPO This Year

Report: Forever 21 Owner Authentic Brands Plans IPO This Year

Forever 21 store. Shutterstock. Authentic Brands Group LLC, the owner of brands such as Brooks Brothers, Juicy Couture and Forever 21, is exploring going public as soon as this year, according to people with knowledge of the matter. The New York-based company has held discussions with potential advisers about an initial public offering, the people … Read more

The proportion of online purchases for food, home décor, fashion, and luxury goods by previously infrequent e-commerce users has increased 667% since the outbreak in India: Report

The proportion of online purchases for food, home décor, fashion, and luxury goods by previously infrequent e-commerce users has increased 667% since the outbreak in India: Report

Successful consumer-facing companies are repurposing physical locations, exploring new business models, and rapidly adopting advanced analytics and other disruptive technologies to find new sources of growth. 98% of consumers in India have made at least one permanent change to their lifestyle since the outbreak of the pandemic. The COVID-19 pandemic has changed the way people … Read more