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AMSTERDAM - Denim brand Mud Jeans has released its 2019 Sustainability Report in which it claims its jeans save 92 per cent of water, 47 per cent of land use and 66 per cent of CO2 emissions compared to industry standards.The Certified B Corp, the first company to offer a subscription model for jeans, was founded in 2013 with the aim of producing a circular denim brand that would have a substantially lower impact on the environment and would not exploit workers in its supply chain.Mud Jeans says
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The Fédération de la Haute Couture et de la Mode is the governing body of the catwalk seasons in Paris and has announced that an online haute couture fashion week will be taking place in July.Image Courtesy: fashionista.comThe virtual catwalks will feature collections from AW 2020-21 from 6 to 8 July in the capital of France.Previously, these were the dates allotted to a live fashion show which had to be called off due to coronavirus and Federation was also forced to cancel the menswear fashion
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Walmart, the world’s largest retailer, has forayed into resale market in partnership with ThredUp – a renowned resale platform. Walmart will now resale the previously owned products such as branded garments, handbags, footwear, among many others.According to Walmart, it started working on this resale model a year ago and the current unprecedented time due to COVID-19 pandemic has pushed the company to launch it now as many households world over are now reducing their expenditures in the wake of
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Through6, on-demand, full cut & sewn vertical manufacturing facility specialising in innovative sublimation and DTG apparel, is expanding to Sanford, a high-tech manufacturing community in the Raleigh area of central North Carolina.Image Courtesy: www.prnewswire.comBased in California, Through6 has been helping manufacturers with a new revenue stream that eliminates the need to have inventory and long lead times.Moreover, the company’s vertical model technology platform further allows brands
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Paris-based Spanish designer Johnny Coca has been named the director of women’s fashion leather goods at Louis Vuitton after his stint at British brand Mulberry.Image Courtesy: youtube.comHe will become one of the primary creative linchpins for the luxury brand alongside Virgil Abloh, director of menswear and Nicolas Ghesquiere.Johnny will oversee the handbags, bespoke orders, eyewear and luxury leather products for women.He has had a long history working with LVMH, starting his career with a pr
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The British luxury brand, Burberry, has suffered enormous losses due to the global pandemic and consequently, the brand announced the plans to skip dividend payment to its shareholders.Image Courtesy: www.cnbc.comThe brand reportedly saw a 27 per cent slump in sales for Q4 as almost 60 per cent of its stores across the globe remained closed during the month of March.The brand also received mediocre response after some of its Chinese stores reopened following 3 months of shutdown.Burberry conside
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Iconic luxury fashion house Gucci is stepping outside the norms of the fashion world to change the way designers have functioned till now.Image Courtesy: gq.comThe pandemic has jolted fashion world back to reality and they realise doing away with older practices is the way forward. Hence, Gucci has announced that it is going “seasonless.”Gucci will be organising shows twice a year instead of the usual plethora of events that they used to run from Autumn/Winter and Spring/Summer to Cruise and Pre
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Burberry Group plc, a British luxury fashion house, posted 3 per cent revenue decline to £2,633 million for fiscal year 2020 ended on March 28, 2020 compared to revenue of £2,720 million in previous year. Gross profit for the year fell 5 per cent to £1,774 million (FY19: £1,861 million). Operating profit were £189 million (£437 million).“Prior to Covid-19, we were delivering strong momentum across our brand and product, with sales ahead of our expectations. Since then, the global health emergenc
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French luxury maison Chanel has come under investigation by the Korean Free Trade Commission (KFTC) for the alleged breach of South Korea’s Free Trade Act.Image Courtesy: thecurrentdaily.comThe KFTC has launched a probe into allegations that the brand is placing unfair restrictions on duty-free operators who distribute its products to retailers in the country.Due to the negative impact of the outbreak of COVID-19, Korea has relaxed certain regulations for duty-free operators to distribute goods
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LovetheSales e-commerce portal, which allows consumers to shop all sales in one place, says demand for luxury fashion has shot up in the past quarter, with searches for luxury brands up 27 per cent year-on-year. Although celebrity fashion choices were less important, one main influencer keeps making an impact. The Duchess of Cambridge — whose Boden Aurora midi wrap dress, worn in the second part of the interview, in the last week on the LovetheSales marketplace drove searches for Boden dresses u