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Cairo-based e-commerce start-up Dresscode recently raised a six-figure US dollar seed funding round to help accelerate its growth by expanding its team and product offering and initiating next-day and same-day deliveries. It has seen strong growth during the COVID-19 crisis, which accelerated the process with Egypt Ventures to raise the funds.Pic: DresscodeFounded in 2018 by Mohamed Abdel Dayem and Ali Zakaria, Dresscode sells female clothing, beauty and home products, connecting Egyptian manufa
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During quarantine, the fashion world is saying goodbye to formal wears, however, the comfortable/casual wears becoming mainstream fashion concepts.In this pandemic, comfortable wear demand and sales are increasing rapidly. As of April, pajama sales had increased by 143% and tracksuits and jumpsuit sales had increased by 70% and 80% respectively.Figure:In this pandemic, comfortable wear demand and sales are increasing rapidly.Casual wear wouldn’t look out of place in most workplaces and classroom
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US-based luxury clothing retailer Ralph Lauren continues to focus on its global online platform, observing coronavirus epidemics and potential resurgence challenges as an opportunity to deepen and expand its digital capabilities.In the first quarter, Ralph Lauren accelerated the rollout of connected retail programs and moved to a truly omniChannel model that includes personalized customer engagement, including virtual sales appointments, Livestream sales, shipping from stores, and personalized p
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LONDON – Global fashion sustainability initiative Fashion For Good (FFG) has announced the resumption of its Polybag Collection Scheme pilot in London, through which UK recycler First Mile will work to drastically improve the city’s infrastructure for apparel recycling.The pilot initiative, which is part of FFG’s broader Plastics Packaging Project, was brought to a pause shortly after its inception in February due to the coronavirus pandemic.“It’s encouraging to see continued commitment to susta
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12 Storeez, Russian women’s and men’s clothing brand, has opted for Centric Software Product Lifecycle Management (PLM) solution. With this, Centric has marked its growth and expansion in Russia as 12 Storeez becomes its third customer in Russia.Image Courtesy: glocalabel.comWith Centric PLM, the brand aims to increase the communication and collaboration with the internal and the external team. The solution will also help in increased efficiency and productivity across its product development pr
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World’s largest retailer Inditex has pledged to work towards maintaining workers’ rights and a steady stream of payments to all suppliers amidst the struggles of the industry where manufacturers and suppliers are wrought with cancelled orders and unfulfilled payment issues.Image Courtesy: environmentalleader.comThe Spanish fashion conglomerate has entered a joint agreement with global workers’ union IndustriALL to ensure that bargaining rights and workers’ rights to unionise is maintained throug
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No wonder that climate change is a thought-provoking and broadly discussed topic in the arena of sustainable fashion. But according toMcKinsey & Company, a widely known American management consulting firm, biodiversity loss is another area that must be looked upon with greater importance to be addressed, discussed, and taken into concern for finding pragmatic solutions. As it is declining faster than at any other point of human history, the trend must be decelerated before time ticks away.Ph
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Stay-at-home apparels are being talked about a lot these days as every consumer seems to be interested in them these days – not surprising at all considering the current scenario!Image Courtesy: thelogicalindian.comUniqlo, the fast fashion label from Japan, has also understood it very well, with its overall sales rising by 4.7 per cent in July, all thanks to huge demand for stay-at-home clothing.Notably, the same-store sales for the brand too jumped by 4.4 per cent Y-o-Y in July and this also in
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Buying for SS21 is in full swing but things are different from usual this season. From delayed and scaled-down collections to the digital ordering process - what informs the planning and budget of fashion buyers from Zurich to Paris?Buyers adjust their planning"This season is very special and we see several strategies adopted by brands: a smaller drop or sometimes a capsule that is presented later," said Maud Barrionuevo, head buyer at 24S, the luxury online platform owned by the LVMH
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For the second year in running, JD Sports has faced revolt by shareholders over executive pay!Image Courtesy: telegraph.co.ukThe British sports fashion retailer JD Sports has, as per media reports, faced another backlash from its shareholders at the recently concluded AGM, and this revolt and discontentment was over salaries and bonuses of its executives.While one-third of shareholders voted against the remuneration report, a little over 30 per cent voted against performance-related bonuses.Comm