Fromhacking Balenciagafor its 100th-anniversary collection to launching a newhomeware line, whateverGuccidoes, the world sits up and pays attention. And with the Italian fashion house now officially the most popular luxury brand among gen-Z consumers – which also happens to be the demographic that’s most concerned about acompany’s values– Gucci doesn’t take its status as a megabrand lightly.“[Brands] should lead by example,” Marco Bizzarri, Gucci CEO and president, tellsVoguevia video call of th

STOCKHOLM - The H&M Foundation, the non-profit founded by the Swedish fashion giant to fast track the realisation of the UN's Sustainable Development Goals, has shone a spotlight on 10 innovative start-ups.Entitled the 'Billion Dollar Collection’, the project presents 10 sustainable start-ups which have all won the foundation's Global Change Award which has attracted 20,000 entries since its inception in 2015.The H&M Foundation says customers are increasingly demanding sustai

Jill, the renowned American clothing retailer, has witnessed a surge of 42 per cent in its first quarter sales to post US $ 129.1 million.The first quarter also saw the retailer record an operating profit of US $ 8.7 million. This is in comparison to a loss of US $ 90 million during the same period last year.The margins too rose by 68 per cent during the quarter – up from 55.1 per cent in last year’s quarter.The retailer has attributed the good margins to a strong Mother’s Day weekend with bette

As the world reels under the effect of the coronavirus pandemic that is shutting down entire economies in its wake, the apparel and fashion world is forced to respond rapidly and effectively to deter exacerbating the spread of COVID-19. The domino effect that started with Wuhan in China has catapulted to struggling supply chain links, store closures and the cancellation of some of the biggest events and trade shows in the industry.The second edition of Apparel Sourcing Week, organised byApparel

Cacto, a Mexican-American accessories brand that claims to be the first carbon-negative apparel company in the Americas, believes that carbon neutrality is no longer enough.Cacto makes organic accessories out of cactus leather and has teamed up with On A Mission, a Swiss nonprofit organization that has tracked and reduced 150% of the company's CO2 emissions through sustainable reforestation around the world.According to Cacto, the assessment and offsetting phase will take place every six mon

Google has been fined 220 million euros (189m pounds) by France’s Autorité de la concurrence, the country’s competition authority, for abusing its advertising power. Other European countries could soon follow suit under strict European advertising rules.The French competition watchdog said Google has been promoting its own digital advertising services, a detriment to competing businesses.According to the BBC, the watchdog said it found that Google’s ad management platform for large publishers, G

Daniel Grieder (59), who was appointed as the CEO of Hugo Boss AG on June 16, 2020, for a period of five years, has joined the managing board of the company. In the interim, since October 1, 2020, CFO Yves Müller has served as spokesperson for the managing board. Hugo Boss is a German luxury fashion house headquartered in Metzingen, Baden-Württemberg.“I am thrilled to take over this exciting position and to lead Hugo Boss into a successful future. The company, with its longstanding, unique tradi

Faruque Hassan, President, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) highlighted the link between the need to build back better for a garment industry hit hard by COVID-19 and the opportunity to shift the fashion business model to a circular one in the 2021 P4G Seoul Summit Thematic Session.Figure: Faruque Hassan urged stakeholders to strengthen the local ecosystem for circularity, as Bangladesh’s garment industry seeks to close the loop for a just transition. Courtesy:

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has given Tk 15.85 crore to theBangladesh Economic Zones Authority (BEZA)as a payment by eight garment factories for getting land allotment in a garment park being built at Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN). Earlier, 41 apparel makers got allotment of industrial plots at BSMSN.A meeting between a delegation of BGMEA led by its president Faruque Hassan and Paban Chowdhury, executive chairman of BEZA was held recently i

Agillic, a Danish omni-channel marketing automation company, is set to support Kvadrat, in delivering data-driven and personalised communication. Kvadrat is expanding its scope to encompass both business-to-businesses and direct-to-consumers. Kvadrat produces collections of textiles, curtains, rugs, upholsteries, acoustic solutions, and accessories.While Kvadrat operates a number of brands and production facilities and works closely with manufacturers, they are extending their business model to