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Textile

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Cath Kidston time runs out, will appoint administrators

Cath Kidston time runs out, will appoint administrators

Cath Kidston has bowed to the inevitable and filed notice to appoint administrators as coronavirus makes its current turnaround plan a lost cause. A buyer is still being sought with a pre-pack administration likely.
Fashion
Thousands of Bangladeshi garment workers ordered home as factories stay closed

Thousands of Bangladeshi garment workers ordered home as factories stay closed

Thousands of Bangladeshi garment workers were ordered home on Sunday voicing concerns about loss of income after arriving at work to find factories remained shut after the cancellation of orders due to the coronavirus.
Fashion
Fenty presents a capsule in synthetic leather

Fenty presents a capsule in synthetic leather

Launched by Rihanna in collaboration with LVMH in 2019, the Fenty brand has caused a sensation with each new collection.
Fashion
Supima design alumni sew and send masks and gowns to medical workers

Supima design alumni sew and send masks and gowns to medical workers

Supima, often dubbed the "cashmere of cotton", has supplied dozens of alumni of its Supima Design Competition with fabric to create masks and gowns for medical workers and organizations in the Covid-19 frontlines.
Fashion
European textile and apparel manufacturers in dire straits

European textile and apparel manufacturers in dire straits

One in four manufacturers is considering closing down. Half are experiencing sales shortfalls in excess of 50%, and 80% of them are cutting jobs, with no re-localisation in sight even once the emergency is over.
Fashion
H&M comes closer to achieving 100% sustainable cotton

H&M comes closer to achieving 100% sustainable cotton

Swedish retail giant H&M has revealed that 97% of its cotton came from sustainable sources in 2019, as it moved one step closer to achieving 100% sustainable cotton.
Fashion
H&M Foundation unveils winning innovations for Global Change Award

H&M Foundation unveils winning innovations for Global Change Award

H&M has announced the five winners of its 2020 Global Change Award. They include forward-thinking tech like lab-grown cotton and a way of creating fabrics from protein DNA.
Fashion
Bain & Co. estimates luxury industry revenue set to slump by €60-€70 billion in 2020

Bain & Co. estimates luxury industry revenue set to slump by €60-€70 billion in 2020

The consultancy firm is forecasting a Q1 luxury industry downturn ranging from 25% to 30% globally, with negative repercussions in Europe until 2021, while recovery will be driven by China and e-tail.
Fashion
Tech giants such as Google, Facebook seek to defer Indian digital tax - sources

Tech giants such as Google, Facebook seek to defer Indian digital tax - sources

Big U.S. tech firms such as Google and Facebook plan to seek deferment of a new Indian digital tax, which has caught them off-guard as businesses battle the fallout from the coronavirus pandemic, industry sources said.
Fashion
Garment exporter Bangladesh faces $6 billion hit as world retailers cancel orders

Garment exporter Bangladesh faces $6 billion hit as world retailers cancel orders

Bangladesh, the second-largest apparel producer after China, is set to lose roughly $6 billion in export revenue this financial year amid cancellations from some of the world's largest brands and retailers.
Fashion
Applications open for 2021 International Woolmark Prize

Applications open for 2021 International Woolmark Prize

It has been slightly over a month since Richard Malone was crowned the winner of the 2020 International Woolmark Prize, but the prestigious international competition has already begun looking for the next big talent.
Fashion
Yves Hanania of Lighthouse: We will witness a paradigm change in the luxury industry

Yves Hanania of Lighthouse: We will witness a paradigm change in the luxury industry

Yves Hanania, brand strategy expert and co-author of a book on the future of luxury, analyses for FashionNetwork.com how the Covid-19 crisis could change the luxury market forever.
Fashion
Coats Group sees sales drop due to pandemic, 15 out of 50 plants are closed

Coats Group sees sales drop due to pandemic, 15 out of 50 plants are closed

Threads giant Coats Group has said it's taking a major hit from the Covid-19 outbreak as this month has seen brands and manufacturers starting to cancel or defer orders due to large-scale store closures.
Fashion
Shandong Ruyi votes out top execs at Japan's Renown

Shandong Ruyi votes out top execs at Japan's Renown

Japanese apparel maker Renown Inc said the company’s top executives were voted out of its board on Thursday by China’s Shandong Ruyi, its parent company.
Fashion
Condé Nast pushes luxury conference back three months to end July

Condé Nast pushes luxury conference back three months to end July

The next Condé Nast Luxury Conference, scheduled for April, has been pushed back three months to end July, the latest major postponement in fashion due to impact of the coronavirus pandemic.
Fashion
UK retailers fear biggest fall in sales since 2009 - CBI

UK retailers fear biggest fall in sales since 2009 - CBI

British retail sales fell this month as the coronavirus hit demand for products other than food, and the outlook for April is the bleakest since 2009, the Confederation of British Industry said on Wednesday.
Fashion