France’s clothing-footwear prices rose by 6.1 per cent month on month in August after a 10.9 per cent July fall. Year on year, such prices slowed down: a 2.2 per cent YoY rise in August after a 3.4-per-cent July rise. Consumer prices rose by 4.9 per cent YoY after July’s rise of 4.3 per cent. … Read more
Having first been introduced during the label’s Spring/Summer 2023 show at Paris Fashion Week, this time during Fall/Winter 2023, Adidas Originals and Craig Green have returned to present two takes on the iconic Stan Smith shoe: the CG Boost Stan and the CG Split Stan. Relentlessly progressive in approach, each innovative silhouette takes the Trefoil’s … Read more
Bangladesh can grab more market share in the European Union (EU) garment market if products are diversified, according to Mohammad Abdur Razzaque, chairman of the Research and Policy Integration for Development Bangladesh (RAPID), a private think tank. He said this while presenting a study on ‘Exploring Export Diversification Opportunities in the European Union’ at a … Read more
Mango, one of the largest fashion groups in Europe, is set to present, with Antoine Griezmann, its new Autumn/Winter (A/W) 2023 collection of the Mango Man line. The French striker is a global sports icon at the highest level, whose resilience and winning spirit has made him the perfect partner to represent Move Forward: the philosophy that … Read more
Chinese apparel manufacturing company M/s QSL.S Garments Co Ltd has announced plans to invest $19.5 million in Mongla Export Processing Zone (MEPZ) to establish a ready-made garment (RMG) industry. The agreement was formalised in a ceremony held at the BEPZA Complex in Dhaka recently. This investment envisages the creation of a fully foreign-owned enterprise that … Read more
Italian luxury fashion house Ermenegildo Zegna Group has reported revenues of €903.1 million, a remarkable 23.9 per cent increase year-over-year (YoY) in the first half of fiscal 2023 (H1 FY23). This surge is attributed to the vigorous double-digit growth in its Zegna and Thom Browne segments, which expanded by 23.8 per cent and 13.6 per … Read more
India’s general consumer price index (CPI) was 186.2 in August this year compared to 174.3 in the same month last year, while CPI-based inflation in the month was 8.8 per cent compared to 7 per cent in August 2022, according to provisional estimates released for the month by the National Statistical Office under the ministry … Read more
Pic: Sorbis / Shutterstock.com European luxury behemoths – Hermès, Hugo Boss, Kering, and LVMH have reported strong results for Q2 and H1 FY23. Each exhibited a robust performance, marking increased sales and/or profits, reflecting a positive trajectory in the luxury fashion industry. The results illuminate the success of strategies employed and the ongoing … Read more
Indian apparel-exporting companies are expected to mark a mild 2-3 per cent year-on-year (YoY) increase in revenues to ₹27,255 crore for fiscal 2024 (FY2024), as per ICRA. Despite a tepid demand environment in the first half (H1) of FY2024, the end demand is anticipated to improve in H2 FY2024, boosting revenues. The retail apparel brands … Read more
Adidas Terrex and Japanese outdoor label And Wander have unveiled the final drop of their multi-seasonal collaboration, featuring And Wander’s iconic graphics and reflective detailing, as seen on the Adidas Terrex X Free Hiker 2 x And Wander Hiking Shoe. Taking hikers from city centre to mountain top – and back again – in style, … Read more
