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The global fashion business journal

Oct 22, 20216:48pm

h By MDS
Oct 18, 2021 — 4:00am
Erik Bang (H&M): “The challenge is to create a culture where it is OK to fail”

Bang has been responsible for innovation at the H&M Foundation since 2014 and he is also the driving force behind the Global Change Award. As he says, the key to innovation is to feel confident and establish among players.

h By MDS
Oct 6, 2021 — 4:00am
The USA “great again”: fashion's share of spending hits highest level since 2014

In the second quarter, private spending on clothing and footwear grew to 62% year-on-year and 20% compared to the same period in 2019, before the pandemic.

h By MDS
Sep 3, 2021 — 12:00pm

Rising costs and changing from ship to plane to avoid port collapse have led the industry to expect three more months of falling margins. Adidas estimates a € 500 million impact in the second half of the year.

h By MDS
Aug 26, 2021 — 12:00am
Luxury: higher margins than in 2016 despite Covid-19

LVMH, Richemont and Kering ended 2020 decreasing by 1.3 points in their average gross margin. They also lost €13,000 million in sales in a year. 

h By MDS
Aug 20, 2021 — 12:00pm
Amazon plans to open department stores in the USA to push its offline distribution

The e-commerce company, founded by Jeff Bezos, plans to open several physical shops which will work as department stores in the United States to help expand the reach of sales in apparel, home goods, electronics and other areas.

The e-commerce company, founded by Jeff Bezzos, plans to open several physical shops which will work as department stores in the United States to help expand the reach of sales in apparel, home goods, electronics and other areas.

h By MDS
Jul 28, 2021 — 12:00pm

The employees of the manufacturing hubs in Asia are earning by 25% less than a year ago and many of them had to get into debt to survive.

h By Modaes
Jul 22, 2021 — 12:56pm
Thomas Meyer (Desigual): “Fashion will be relevant again, but we need to innovate”
On his first interview in front of a camera, the founder of Desigual defended that creativity is not exclusive to creative professionals.
h By MDS
Jul 19, 2021 — 12:00pm

During the Covid-19 year, the group reacted by accelerating the importance of proximity on its production, with 49% of total suppliers. The group stopped working with 65 suppliers in China.

h By I. P. G. / P. R. D.
Apr 12, 2021 — 4:00am
The organic cotton trap

Organic cotton has become a synonym for sustainability, but several scandals with fake certifications in India and forced labor in China question this raw material.

h By Mds
Mar 31, 2021 — 10:38am

The company’s net sales decreased by 21 percent in the quarter ended 28 February. The Swedish group has also issued a statement after the boycott suffered in China.

H&M swings back to loss in first quarter and responds China boycott
h By Mds
Mar 11, 2021 — 4:53am

The fashion retailer had a turnover of 6.6 billion euros online last year. High-street rivals H&M and Gap generated online less than €6 billion each last year.

Inditex vs. pure players: Zara owner is smaller than Zalando, but bigger than Asos and Boohoo
h By P. R.
Feb 15, 2021 — 10:07am

H&M, Zalando and C&A lead fashion sales in Germany, while Marks & Spencer, Next and Primark take the main spot in the UK. France is dominated by sport players and Italy by pure players.

Top fashion retailers in Europe after Covid-19: Amazon leads Italy, Intersport takes France
h By Mds
Sep 4, 2020 — 11:03am

Average rents along Manhattan’s 16 retail corriders have being declining for eleven consecutive quarters. In the UK, retail store vacancies have reached its six-year high.

h By C. J.
Aug 17, 2020 — 10:00am
h By P. R. D.
Aug 3, 2020 — 5:00am

When consumers work from home, they reallocate spend similarly to consumers in retirement, and apparel is the category that experiences the deepest decline.

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