In these three quarters alone, the EU’s estimated revenue shortfall is respectively €2 billion and €1.6 billion. Italy, the Netherlands, Belgium, and Germany are said to be the countries whose textile exports have been most affected by Brexit. On the import side, Germany, Ireland and France are reportedly the countries suffering from the largest shortfalls. Analysed on a product-by-product …
Read more“The laid back tourist might go to other destinations because Goa is changing but now there are lots of other segments coming such as MICE tourism (meetings, incentives, conferencing, exhibitions),” Savio Messias, president of the Travel and Tourism Association of Goa, told AFP.”Goa is also getting to be a very big wedding destination and a lot people are now coming for entertainment,” he added…
Read moreG-Star Raw, founded in 1989, and its Vietnamese supplier, were long-standing business partners. According to the case details, in 2018 G-Star Raw pledged to order from the Vietnamese factory, over the course of three years, the ‘Whistler’ hooded quilted jacket in black water-repellent fabric, sold at a retail price of €219.95. Due to financial difficulties arisen during the Covid-19 pande…
Read moreThe 55,000 square meter distribution center, which complements Mytheresa’s existing one in Munich, is poised to strengthen the company’s capabilities and its position as a global leader in the luxury e-commerce business. It opens with a 1,300 square meter digital production studio designed to capture the most sought-after and curated luxury edit.“Our new, state-of-the-art distribution cente…
Read moreA study by e-commerce blog L2 “finds that four of the top five most visible brands for lip-related keywords were fast beauty brands that had created items similar to the Kylie Lip Kit.” In fact, ‘Lip Kit duplicate’ is one of the most-searched terms on Google in the cosmetic industry, says L2. Brands that created more accessible duplicates of the Kylie lip kit, such as Colourpop, Anastasia, …
Read moreThe company has confirmed this to Fashionnetwork.com saying: “We can confirm that we have made the decision with our partner OLG not to renew our ready-to-wear and footwear licences in order to focus on our core product category of leather goods, that make up around 90% of our turnover. Autumn/Winter ‘20 will therefore be our final season that we sell ready-to-wear and footwear under lice…
Read moreAmazon has 16 distribution centres in Britain and the new centre will be supported by advanced robotics technology to help lift and move products around the plant. It will also employ 1,200 new, full-time permanent people, the company said.The new jobs mean the online retailer will have created 3,500 jobs in the region, including Bolton and two other centres, one in Manchester set up in 2016 an…
Read moreThe sector is being driven by fast fashion chains, lead by Spanish giant Inditex (Zara) with revenues of $20.3 billion (18.2 billion euros), followed by Sweden’s H&M ($17.9 billion), America’s Gap ($16.4 billion) and Japan’s Fast Retailing (Uniqlo) with sales reaching $13.9 billion.”The brands which will know how to overcome the challenges of fast fashion, introducing new and on-trend products …
Read moreThe show – featuring the six Supima Design Competition (SDC) finalists – will mark the 14th edition of the annual event, with candidates drawn from the best fashion colleges in the United States. Using American-grown Pimacotton the half dozen finalists from top design universities across the country will present their ideas from daywear to evening in capsule collections on Sept. 9, 2021.…
Read more