As we march into the eighth month of the year, bankruptcies and debts continue to be the talking point. And here’s one more!Image Courtesy: nytimes.comThe American retailer Lord & Taylor, known majorly for its upscale fashions, filed for Chapter 11 protection from creditors on 2 August.The decision didn’t come as a surprise after all its efforts for a turnaround, amidst pandemic crisis, failed miserably. The retailer will be soon submitting a reorganisation plan with the court.The almost 2-c

Japanese lifewear maker Uniqlo has announced the closure of 9 of its stores in Korea due to the ongoing trade tussle between South Korea and Japan.The falling demand amidst the pandemic and the rise of online shopping has pushed the cause for the closure of these outlets.Image Courtesy: reuters.comHowever, the company has categorically stated that these outlets will be the last to be closed in the country and with no more shutdowns planned Uniqlo will introduce a new store in September.These 9 s

Napapijri, an Italian premium casual-wear brand, is gaining recognition for its circular series, a first ever collection of 100 per cent recyclable jackets. The Cradle to Cradle Products Innovation Institute granted Napapijri its Cradle to Cradle Certified Gold recognition, the most advanced standard for use of safe, circular and responsible materials.Pic: Napapijri“Napapijri sits within VF’s family of brands as an incubator of new ideas, processes and approaches to fashion-making,” Anna Maria R

Mayeesha Rabbani, Founder, The Junk Studio,is an established creative designer excelling in the field of graphic design in Dhaka, Bangladesh. She creates logos, packaging designs, illustrations, social media with a design language that focuses on creating an amalgamation between fashion and art.Junk Studio also offers a stationery line of notebooks, planners and other paper goods.With an experience that ranges from handling projects in beverages, food, and fashion, to real estate, telecom, const

Püre, a manufacturer of disinfectant products, unveils PüreCouture – a solution for disinfecting the garments making them free for trial and reuse.Image Courtesy: purepathproducts.comThe product assures to kill almost 99.9 per cent of pathogens within a minute and has application in both retail and in-home.The device allows disinfecting of different products and has many cycle options like quick sanitising that takes as less as 2 minutes to perform the process.It has a capacity to hold up to 20

Pure, a manufacturer of disinfectant products, has launched a new product for sanitising garments. As retailer dressing rooms are at high risk for cross-contamination, PureCouture brings consumer confidence back to the fashion retail shopping experience. The product sanitises and freshens garments within minutes, destroying 99.9 per cent of pathogens.Pic: Pure path productsThe 3.5 square feet device also offers a range of cycle options including quick sanitise to complete a cycle for small items

Pic: NikeNike recently climbed two places to become the hottest brand in the world in The Lyst Index. It’s the first time since the index began that a luxury fashion brand has not taken the top spot. Nike was propelled by a 106 per cent increase in demand for loungewear and activewear, as consumers sought comfortable clothes for home, exercise and outdoor activities.A series of powerful earned and owned brand moments boosted the brand throughout the quarter, Lyst said on its website. These inclu

Donde Search, a visual discovery solution provider, has collaborated with Garmentory, the online destination for emerging and contemporary fashion, to empower the brand’s online channel with AI visual discovery technology.Image Courtesy: learn.dondesearch.com“We selected Donde Search to power our product discovery after benchmarking and evaluating several options. Automating the tagging process and extracting a rich set of attributes is only the first step in a great partnership,” Sunil Gowda, C

Another brand joining the sustainability streak is the athletic apparel brand Champion.Image Courtesy: meanwhileinawesometown.comIn August, the company will be launching a sustainable streetwear collection Re:Bound, which will be made of recycled Reverse Weave fabric.This fabric is usually a waste from production and is discarded, and has the qualities of being durable and shrink-resistant.Made from 45 per cent pre-consumer recycled cotton, the collection features the best of streetwear staples

Reliance Industries Limited (RIL), an Indian multinational conglomerate company, reported 42 per cent decline in its revenue to ₹100,929 crore during first quarter (Q1) FY21 ended on June 30, 2020 compared to ₹174,087 crore in Q1 FY20. Retail segment fell 17.2 per cent to ₹31,633 crore (₹38,216 crore). However, AJIO brand drove revenues in fashion sector.“The severe demand destruction due to global lockdowns impacted our hydrocarbons business but the flexibility in our operations enabled us to o