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Fashion 24-02-2022

Fashion designers ride on NFT bandwagon

24 February 2022, Mumbai:

The rising popularity and increasingly fast acceptance of new-age technology in the fashion space leads to celebs including lead fashion-forward tech-savvy fashion designers are embracing the NFT bandwagon like never before.

There is no sense of deja vu within the space and as a use case in fashion designers' space in order to connect with digital savvy discernible audience not to be left behind.

ALSO READ: Nike & Hermès File Lawsuits for Trademark Infringement: non-fungible tokens (NFTs)

Designers likes of Manish Malhotra, Anamika Khanna and so and so forth list long has already seen their initial drops of digital artwork

*"Fashion NFTs have received great traction on our platform and in general as well.

We are hoping to introduce new-age street brands in fashion onto the NFT bandwagon as these would be a perfect fit with the young NFT community," said Vishakha Singh, vice president, WazirX NFT Marketplace.

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*Figures mentioned in the above article have been sourced from ET article.

Fashion 24-02-2022

THE NEXT GENERATION OF MATERIALS… FROM WASTE

22 February 2022, Mumbai:

Today, Fashion for Good launches the ‘Untapped Agricultural Waste Project’ to validate and scale technologies that can successfully transform agricultural waste into sustainable textile fibres.

With catalytic funding provided by Laudes Foundation, Fashion for Good partners adidas, BESTSELLER, Vivobarefoot and Birla Cellulose, and six innovators, the consortium project will assess the technical feasibility of natural fibres created by the selected innovators using agricultural waste such as rice husks, hemp, wheat straw, banana and pineapple.

Katrin Ley named Fashion for Good Managing Director — Fashion for Good

ALSO READ: Leaders will forge alliances for a new era to tackle fashion’s social and environmental issues

“This ambitious project explores a new source of feedstocks for the fashion industry that, if scaled, will help drive both the agriculture and textile industry towards net-zero. We see great potential for these various agriculture waste streams that would otherwise have few secondary uses.

By applying innovative technologies to develop natural fibres, we can diminish the pressure on existing natural fibres and shift away from unsustainable materials and sources.” — Katrin Ley, Managing Director, Fashion for Good

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Fashion 23-02-2022

THE NEXT GENERATION OF MATERIALS… FROM WASTE

Hermès reports results

18 February 2022, Mumbai:

Hermès International powered ahead in the fourth quarter, with revenues climbing 11 percent versus a year ago, and 28.4 percent ahead of 2019, to 2.38 billion euros. For the full year, the French maker of status handbags and silk scarves saw revenues approach 9 billion euros, jumping 41.8 percent compared to 2021 and 33.4 percent compared to 2019.

The numbers came in slightly under HSBC forecasts.

Axel Dumas | BoF 500 | The People Shaping the Global Fashion Industry

Net profit leaped 76.5 percent to 2.45 billion euros, while recurring operated income soared 78.2 percent to 3.53 billion euros, with the company touting “remarkable sell-through” of its collections and touting a recurring operating margin of 39 percent, up 8 points versus 2020 and 5 points compared to 2019.

ALSO READ:

Alex Dumas, executive chairman, christened 2021 as an “exceptional year,” crediting “abundant creativity, unique know-how and the quality of our materials” for driving the growth of its 16 departments, or métiers.

The company cited “dynamic growth in Asia and the Americas, where revenues vaulted 54.1 percent and 24.4 percent respectively in 2021 versus 2019.

Hermès highlighted “the sustained performance in Greater China, Australia and Singapore” for the strong Asia tallies, which exclude Japan.

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*Figures mentioned in the above article have been sourced from finance.yahoo.com article.

Fashion 18-02-2022

British Fashion Council (BFC)/VOGUE DESIGNER FASHION FUND 2022

17 February 2022, Mumbai:

Established in 2008, the BFCVDFF supports creativity in business and aims to celebrate exceptional talent and empower businesses to play their part in positive growth through bespoke mentoring and awarding of a £200,000 cash prize. The Fund receives the generous support of British Vogue, Burberry, Clearpay, Paul Smith and Rodial. This year’s judging committee is chaired by Edward Enninful OBE, Editor-in-Chief of British Vogue and European Editorial Director, Vogue.

ALSO READ: AS BREXIT IMPACTS MARGINS, BRITISH BRANDS EYE GERMANY FOR EXPANSION

The committee comprises of experts from across the fashion industry: Caroline Rush CBE, Chief Executive, British Fashion Council; Maria Hatzistefanis, Founder/CEO, Rodial; Elizabeth von der Goltz, Chief Commercial Officer, Matches Fashion; Julia Sarr-Jamois, Fashion Director, British Vogue; Lauren Indvik, Fashion Editor, Financial Times; Rod Manley, Chief Marketing Officer, Burberry; Sarah Harris, Deputy Editor & Fashion Features Director, British Vogue; Sarah Mower MBE, Chief Critic, vogue.com & BFC Ambassador for Emerging Talent.

Edward Enninful OBE, Editor-in-Chief of British Vogue and European Editorial Director, Vogue & Chair of the Fund Committee, said: “The BFC Vogue Designer Fashion Fund is an integral initiative that supports emerging talent in the UK fashion industry.

Congratulations to all the shortlisted designers who are a true reflection of the outstanding creative talent in the UK."

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Fashion 17-02-2022

British Fashion Council (BFC)/VOGUE DESIGNER FASHION FUND 2022

FDCI X Lakme Fashion Week physical edition planned in New Delhi

19th February 2022, Mumbai:

The physical edition of the FDCI X Lakmé Fashion Week will be hosted in New Delhi between March 23-27, 2022.

With this season’s beauty focus on eyes, Lakme will present an array of eyeshadows and gel pencils on the runway. The platform will have two showcase areas for designers to present their collections up close.

Lakme Fashion Week and India Fashion Design Council collaborate for Phygital Fashion week

ALSO READ: Designers come out in favor of a united FDCI-Lakme fashion week

Also, The Showroom will be back in an on-ground format for buyers in addition to enhanced features in the virtual initiative.

The schedule like previous FDCI x Lakmé Fashion Week season- fluid editions will continue to comprise a mix of designers from both cities, and beyond.” Digital will continue to play an important role in helping the organizers engage with and reach wider audiences and enhance the physical aspects.

They will alternate the fashion weeks between Delhi and Mumbai. This collaborative effort will give the platform and its stakeholders the opportunity to interact with varied audiences, while catering to the fashion communities across both hubs.”

The event will culminate with the Lakmé Absolute Grand Finale on March 27th.

Continuing to champion sustainability through path breaking initiatives while further spreading messages of inclusivity and diversity, the shows will continue to be live streamed across key OTT platforms to reach a far and wide audience.

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Fashion 19-02-2022

FDCI X Lakme Fashion Week physical edition planned in New Delhi

Leaders will forge alliances for a new era to tackle fashion’s social and environmental issues

18 February 2022, Mumbai:

Global Fashion Summit, the leading international forum for sustainability in fashion, will convene core stakeholders across fashion, parallel industries, investment, policy and NGOs to forge alliances for a new era.

The Summit is presented by Global Fashion Agenda, the non-profit organisation that fosters industry collaboration in fashion to drive impact, under the patronage of HRH The Crown Princess of Denmark. Global Fashion Summit: Copenhagen Edition 2022, will return in physical form on 7-8 June in the grand setting of the Royal Opera House, Copenhagen, Denmark.

Global Fashion Agenda appoints Federica Marchionni as CEO – GLOBAL FASHION AGENDA

Tickets are on sale from today. Formerly known as Copenhagen Fashion Summit, the forum has been renamed to manifest the organisation’s global outlook and reach. Global Fashion Summit will build on the 13-year history of the renowned Copenhagen Fashion Summit by strengthening its representation and connections with diverse perspectives from across the world.

Therefore, the Summit will be hosted in various key cities in the future, in addition to its flagship edition in Copenhagen. Under the theme ‘Alliances for a New Era’, Global Fashion Summit: Copenhagen Edition 2022 will endeavour to form previously inconceivable alliances within the fashion industry and examine atypical cross-industry alliances, in a bid to accelerate the transition to a net positive reality.

ALSO READ: Copenhagen Fashion Week AW22

The theme will underly all elements of the Summit. It will be represented on the Summit main stage during plenary sessions consisting of high-level keynote speeches and panels.

Federica Marchionni, CEO, Global Fashion Agenda, says: “‘Alliances for a New Era’ epitomises our current climate – we are living in a time when the majority are ready and willing to evolve but we need to break down silos and pre-competitive barriers to enact truly pervasive change.

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Fashion 18-02-2022

Leaders will forge alliances for a new era to tackle fashion’s social and environmental issues

LONDON FASHION WEEK (LFW): autumn/winter 2022

16 February 2022, Mumbai:

Ever since pandemic has struck in recent years, contextually the fashion shows & events have moved to a partly digital format/ hybrid as a new normal aiming at making event/s accessible for one & all.

But against this new emerging paradigm nothing to take away from mankind's keenness, nothing to beat an engaging, physical-fashion fashion week, that will forever bring vibrance to the city.

London Fashion Week is a digital gender-neutral platform.

ALSO READ:

*The next edition of London Fashion Week will take place from 18th - 22nd February 2022 showcasing both menswear and womenswear, as a digital first event.

The LFW digital platform is a year-round platform and is constantly updated for retailers, media and consumers to view and buy collections.

London Fashion Week Goes Digital as One Gender Neutral Platform - 10 Magazine

The platform will continue to serve as the Official Digital Hub and will be freely accessible to everyone, industry professionals and global fashion consumers alike, enabling collaboration and bringing together fashion, culture and technology.

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*Figures mentioned in the above article have been sourced from London Fashion Week article.

Fashion 16-02-2022

LONDON FASHION WEEK (LFW): autumn/winter 2022

LFW A/W 22/23: PANTONE FASHION COLOUR TREND REPORT

19 February 2022, Mumbai:

AN IMAGINATIVE AND INTRIGUING MIX OF TIMELESS TONES AND ARTFUL BRIGHTS EMBRACE OUR CONTRASTING DESIRE FOR SERENITY AND STABILITY WITH ENERGY AND EXCITEMENT.

The Pantone Color Institute (PCI), Pantone’s trend forecasting and colour consultancy, publishes a Fashion Colour Trend Report for the fashion industry each season as your guide to the latest colour trends.

It features the top-ten standout colours, and current takes on five core classics, that you can expect to see in London as fashion designers introduce their new Autumn/Winter collections.

Highlighting the chaotic to the calm, colour for LFW Autumn/Winter 2022/2023 merges our nature-centric respect for the environment and craving for serenity and wellbeing with light infused pastels and energising brights whose message of joy and optimism, celebrates the now.

ALSO READ Pantone: AW22/23 colour trend report for New York Fashion Week (NYFW)

Coming together in a palette rife with conventional contradictions, colours for Autumn/Winter 2022/2023 reflect our need for harmony and tranquility while at the same time provide the opportunity to express our individuality without restraint.

About the Autumn/Winter 2022/2023 London Colour Palette:

Timeless tones and artful brights embrace our contrasting desire for serenity and stability with energy and excitement.

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*Figures mentioned in the above article have been sourced from Pantone.com article.

Fashion 19-02-2022

LFW A/W 22/23: PANTONE FASHION COLOUR TREND REPORT

Language, Footwear brand launches new casual collection

17 February 2022, Mumbai:

Language has launched a new casual footwear collection named Drivers for Men. The collection includes footwear shaped from premium suede or grain leather with rubber-grommet soles, assuring comfort within luxury.

Drivers from Language are versatile and comfortable for casual outings. Some drivers are a combination of suede and grain leather, saddle detail, and rubber sole. There are drivers designed to be a head-turner, crafted from authentic suede leather and elevated by a diverse colour palette.

Hand-stitched with fine grain leather, and rubber sole for everyday use, the footwear is made of soft suede and designed with metal trims. They are available at Language’s exclusive brand outlets in Chennai and Hyderabad and in more than 200 multi-brand outlets across the country.

Language’s shoes are crafted with artisanal precision and offered at fair prices. Its factories use clean energy and non-polluting manufacturing processes. Its expert craftsmen ensure that every shoe they make stands toe-to-toe with ones that are made in Italy.

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Fashion 17-02-2022

Victoria's Secret new patent

16 February 2022, Mumbai:

Victoria's Secret New Patent Hints That Its Axed Annual Fashion Show Could Return In The Metaverse.

Victoria’s Secret is the latest retailer to join the metaverse.

A series of trademark applications this month show it plans to sell virtual goods and run virtual fashion shows.

Victoria’s Secret axed its annual runway show in 2019.

victoria's-secret-new-patent-hints-that-its-axed-annual-fashion-show-could-return-in-the-metaverse

Victoria’s Secret killed its annual fashion show in 2019 but a new patent filing suggests that it could one day come back in the metaverse. The lingerie giant filed a trademark application with the US Patent and Trademark Office on February 8, which was later shared on Twitter by trademark attorney Josh Gerben.

ALSO READ: Victoria’s Secret opens website in India

According to the documents, Victoria’s Secret has filed trademarks to sell virtual goods such as clothing, undergarments, and footwear. In addition, it is looking to trademark “retail store services featuring virtual goods” and “entertainment services” such as photos, images, videos, and recorded footage, which it will use in virtual fashion shows, it said.

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*Figures mentioned in the above article have been sourced from Digital California News article.

Fashion 16-02-2022