28th October 2021, Mumbai:

Esprit confirmed on Wednesday that its CEO Mark Daley steps down from his current responsibility citing it owing "to his personal family matters".

Esprit is an international fashion brand that represents style and quality since 1968.

Just to be informed," Daley only took over the CEO role & responsibility as on January 1, 2021, from predecessor German Anders Kristiansen.

As of now Pak William Eui Won, who’s is presently ED & COO of this company, is most likely to assume the role of interim CEO to take the process forward.

The company out of courtesy is reported to have communicated stating, “ We hereby would take this opportunity to express its serious gratitude for the contribution Daley has made before resigning during his working tenure".

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3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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25th October 2021, Mumbai:

The UK-based fashion brand, John Lewis has recently unveiled a new experiential store presenting its envious Anyday collection at its Highcross, Leicester (UK) flagship showroom.

The overarching theme will play out supporting the retailer to create brand recall/ awareness for its forthcoming affordable fashion range.

Broadly this curated Design an effort of in-house team & paraphernalia the brand enjoys, Anyday clearly demonstrates the comprehensive homewares, technology, and clothing collection.

This initiative & endeavor come on the back of the retailer’s expansion it has targeted before itself by introducing the Anyday range to womenswear, menswear, and kidswear too.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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21st October 2021, Mumbai:

Matalan's Operating profit holding company Missouri Topco for the Q2 clocked £35m, this comes on the back rising revenue 2.5% to £264.7m, inched up from corresponding period's £258m. Profit after tax and exceptional items for the Q2 was registered at £11.6m.

It is interesting to mention the corresponding 2020 period in 2020 brand had to concede in the backdrop of global black swan event COVID-19 a loss of £22.7m.

Shrugging off the effect of “pandemic” over the summer, customer preference for the brand's new outfits remained strong. What is a very favorable metric for the brand is that full-price sales showed an impressive increase of 25% year on year.

With this demand tailwind too, the world continues to be cautiously optimistic as the downside risks are lurking in the form of supply-side disruptions and constraints.

It is important to keep reminding ourselves virus is still within us and the world is not out of woods just as yet. The synchronized global recovery comes in as a shot in the arm for the fashion retail sector.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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27th October 2021, Mumbai:

BGMEA President Faruque Hassan in the grand presence of the Chairman of Bangladesh Securities and Exchange Commission (BSEC) along with Professor Shibli Rubayat-Ul-Islam at the BSEC office last week.

Vice President Miran Ali, BGMEA/ Director Asif Ashraf, and BSEC Commissioner Shaikh Shamsuddin Ahmed all attended this crucial a very timely meeting.

The agenda was well thought through & deliberated upon exploring the ambit of possible cooperation between BGMEA and Bangladesh Securities and Exchange Commission to kickin trade investment & overall global promotion in the wake of China Plus One global mission for supply chains.

The Summit scheduled to be held in London on November 4, 2021, was also talked about aiming to demonstrate as a use case how exactly to hammer the benefits of investing in Bangladesh and opportunities Post-Covid-Era has thrown for foreign investors.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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25th October 2021, Mumbai:

H&M, 'The Swedish retail biggie' is consciously looking at evolving as in responsible fashion brand potentially by leveraging new technologies in the emerging fashion global landscape.

This is been pivoted by teaming up with a credible circular fashion specialist 'Lablaco'.

The brand H&M is experimenting with a rental service in one of its global famed stores based in Berlin, Germany. Importantly the service in question is typically based on hi-tech blockchain, seeking traceability for the journey of each individual item per se.

Needless to emphasize," The benefits of blockchain technology can help fashion brands minimize losses, cost efficiency as a result of counterfeit products amongst other convincing benefits it can drive".

The ultra-secure evolved technology facilitates data storage to its transfer in a designated decentralized network, thus the initiative is purely in the direction of aiming at accomplishing greater transparency for its valued consumers.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage

22nd October 2021, Mumbai:

Daniel Kulle quits in less than two years after joining Forever 21 a global, American fashion retailer women's Wear famed brand. Agency reports that Kulle resigned assumingly because the job wasn't a good fit for him.

Daniel Kulle stepped down from this position as chief executive of one of the biggest global fast-fashion chains reportedly two weeks ago, reported Women’s Wear Daily. Notably, Kulle was at the helm of Forever 21 since February 2020 after spending 25 grand years with another acclaimed global fashion retail chain H&M.

Apparently, the company has not divulged any details on the confirmation of Kulle’s leaving and exactly who is managing the business in the interim period.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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27th October 2021, Mumbai:

The leading E-learning platform, Thriving Skills Ltd., Bangladesh, organizes its maiden Bangladesh Excel Summit online creating a palpable interest within the global textile community.

The Summit scheduled on 29th October 2021 presents an opportunity by offering a comprehensive package of skill development on Microsoft Excel encompassing Excel skill development from Elementary to Highend topics and Industry Experts' insights.

The module goes like this: It will feature 15 Masterclasses – Multiple Special Classes – Several Panel Discussions by Microsoft Most sought after Professionals, 10+ Speakers from multiple nationalities, case studies, video tutorials, Microsoft Certified Trainers, Pros of Microsoft Global Team as speakers, Academia, Teachers, and Industry captains from the trade per se.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

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22nd October 2021, Mumbai:

The show presents an opportunity to exhibitors drawn from major textile and clothing (T&C) manufacturing countries from all across on the back of heightened interest in a renewed global economic environment.

Organizers will conduct its celebrated international event from 7 to 9 February 2022 at the Parc des Expositions du Bourget. As per the scheme of things it stacks as follows; For three days (3), Apparel Sourcing Paris meant for the finished garment sourcing, whilst Avantex Paris is focused on new materials and innovative processes,

Leatherworld Paris is distinctively designated to the leather and allied materials market, and Of course, Texworld Paris is designed for textile sourcing, consciously the event focuses as in one-stop show for a global offer for fashion brands, from RTW) ready-to-wear to the luxury side of the trade.

The unique positioning of the show is a strong pitch and case it makes for providing buyers with unique forward-looking visibility of the emerging trends including mega trending driving trade direction & decisions for the spring-summer 2023 season.

TOP 5:

1. Flipkart, an Indian e-commerce company, collaborates with PUMA on the ‘1DER' line, which features batsman KL Rahul

2. Consumers will determine growth of sustainable fashion e-comm in India

3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'

4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22

5. Nike strengthens retail presences with new store at DLF Mall of India,Noida

Return to homepage