In just twelve months, Victoria’s Secret has canceled its annual show, dismissed its chief marketing officer and replaced its chief executive officer.
These types of fashion players have revolutionized the distribution map in the world, as well as how fashion is consumed worldwide.
Department stores have been a window to the world and the undisputed leader of retail, but after centuries of reign, the king has fallen. The crisis revealed some structural problems of a hyper-debt sector.
Yarkoni is one of the main executives behind Colorifix, a company that caught the attention of the Swedish giant H&M, and that is specialized in dyeing textiles with microorganisms.
UPS, B-stock and Optoro estimate post-holiday returns, with a minority of 10 percent to make it back to “primary shelves.”
In the dispute between the luxury holding and the designer, Hedi Slimane demanded the payment of 9.3 million euros for the shares he had in the company.
The strategy lead, climate and water for H&M, who has pledged to be climate-positive in 2040, has attended the UN Climate Summit in Madrid to discuss the progress of the Fashion Charter.
Alava has been leading Infinited Fiber company since 2016, owned by H&M and specialized in a technology to produce new natural fibers from waste.
The company, which supplies to H&M, Inditex, Mango, Kering or LVMH, has grown 18% per year since 2012 and plans to grow 8% this year.
The company did a first test with customization earlier this year with a denim line in its ecommerce platform and in some of its stores.
Today, the sector will discuss in Madrid the conclusions of the Fashion Industry Charter for Climate Action (Ficca) signed one year ago.
This week, the president of the United States, has announced that he will set additional tariffs up to 100% for certain French products, including bags and cosmetics.
Rental, secondhand and co ownership are some of the trends that have marked the sector in the past year, according to the latest Worldwide Luxury Market Monitor 2019 report.
The European Parliament has published the Environmental impact of the textile and clothing industryreport that explains that if the average use of a garment is doubled, greenhouse gas emissions to the atmosphere would be reduced by 44%.
News, analysis and interviews on the key actors of the fashion business
