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HUGO BOSS expects gradual improvement for the second half of 2020. As the further development of the pandemic in many key markets remains uncertain, HUGO BOSS is not able to provide a reliable sales and earnings forecast for full-year 2020. Nevertheless, the Company remains optimistic that the global retail environment will continue to gradually improve. This should also positively impact the Group’s sales and earnings development in the second half of the year and allow HUGO BOSS to make furthe
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In this unprecedented time, how will the coming autumn and winter fashion shape up? Age-old trends like lacework, newborn attraction for fringe is witnessed in the fashion lovers. Social media is also witnessing these trends.It is not only about wow-style among the next generation of fashion lovers. Recent runway shows in New York projecting an inclination towards more character-based attire. The catwalks also depicted a wide array of face-protective layers and vast proportions. Let us divulge i
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PVH Corp owned Tommy Hilfiger has announced 'Make it Possible', a bold approach to environmental and social sustainability that reinforces the organisation’s commitment to create fashion that ‘Wastes Nothing and Welcomes All’. With Make it Possible, Tommy Hilfiger is initially committing to 24 ambitious targets centered around circularity and inclusivity.Pic: Tommy HilfigerThe targets are outlined across four pillars—Circle Round, Made for Life, Everyone Welcome, Opportunity for All—towa
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New collaborative space allows fashion enthusiasts to channel creativity, collaborate and innovate new designsThe Jakarta Fashion Hub (JFH), a collaborative space that combines fashion and creativity for fashion enthusiasts, officially opened on Tuesday (18/8/2020). The JFH is a creative space for fashion enthusiasts and unlocks the potential of the domestic fashion, textile, and creative industries.The Jakarta Fashion Hub is an initiative by integrated viscose-rayon fiber manufacturerAsia Pacif
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The combination of fashion and sportswear is the current trend in the sportswear market. The sportswear market is categorized into sports apparel and sports footwear. The global sportswear market has huge potential with rapid innovation and increasing health awareness among the people. The reasons for the growth of the market include the increase in per capita expenditure for sportswear, the popularity of outdoor recreation, the increase in the number of yoga participants and fitness club member
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Luxury fashion brands rely on top spenders to buy highly expensive goods at any time. Which has been down since the start of the COVID-19 pandemic. To find a solution of this, a recent webinar arranged by the Retail Marketing Society (RMS), Jane Gundell, President and Founder of Research and Marketing Consultancy Gundell and Company, and Faye Landes, President of Landes Advisors, shared a way out on how luxury brands can inspire their regular consumers to resume shopping again.Figure:Shift in co
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Sustainability is pervading every realm of fashion so it is not a surprise that new designers want to channel their creativity into creating more environment-friendly designs.Image Courtesy: fashionunited.comLucy Graham and Georgia Andrew Wilkinson, two young British designers, have taken it upon themselves to create ‘sustainable and safe clothing that contributes positively to the fashion industry’ with the launch of their brand Sentenced.The debut collection of Sentenced. will consist of loung
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PrAna, creator of the Clothing for Positive Change and a leader in sustainable, outdoor fashion, has unveiled the Responsible Packaging Movement (RPM), a programme to inspire and create change towards eliminating plastic from consumer packaging. Since 2010, prAna has taken a grassroots approach to reduce plastic and excess waste in its packaging.Pic: PranaNow, the brand has taken the next step, pledging to eliminate plastic from its consumer packaging by 2021, the use of ancient and endangered f
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There could be more job losses on the High Street! That may happen if what Frasers Group has warned comes true.Image Courtesy: icsc.comThe UK’s largest sports good retailer, which owns House of Frasers and Sports Direct, among others, has warned landlords that it would shut down more stores, especially of House of Frasers, if rent negotiations fail.The retailer has been working on changing rents from traditional fixed free agreements to sales-based agreements.Frasers Group added that 2020 has be
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UK-based high street fashion brand River Island will cut 350 more jobs in store management and senior sales roles across its shops as part of a retail team restructure. This follows its announcement last month that it would make 250 head office staff redundant as a cost-cutting measure after the coronavirus pandemic triggered a fall in sales and footfall.Pic: ShutterstockThe decision would allow it to simplify its store management structures and better deliver its multichannel strategy, the comp