SAN FRANCISCO - Fashion brand Gap Inc has become the latest to commit to paying its suppliers in full for orders it cancelled because of the coronavirus pandemic that were already completed or in production."Gap Inc will work collaboratively with its vendors to compensate them in full for finished goods and goods in production that were cancelled or subject to pack and hold," the company said in a statement."While we have extended payment terms on certain orders, in the immediate

LONDON - The British Fashion Council (BFC) has announced that London Fashion Week will go ahead this September in a revised format that will include both physical and digital shows.The event will be held from 17-22 September and will feature traditional runway shows with social distancing, as well digital shows via the digital LFW platform.Back in February, before the COVID-19 lockdown, the BFC responded to pressure from Extinction Rebellion (XR) to cancel London Fashion Week in September by say

JioMart, the new commerce initiative of Reliance Industries Limited (RIL) will be expanded in the days ahead to cover fashion, RIL's chairman and managing director Mukesh Ambani has said. RIL, the first Indian company to exceed market capitalisation of $150 billion, will become one of the world's leading New Energy and New Materials company by 2035.Pic: PRIYA DARSHAN / Shutterstock.com"In addition to grocery, we will expand JioMart to cover electronics, fashion, pharmaceutical and h

LEICESTER - Fashion brand Quiz has suspended all activity with one of its suppliers in Leicester following allegations that garment workers were being paid just £3 an hour to make its clothes.It follows a series of allegations about garment factories in Leicester, including suppliers to fast fashion giant Boohoo, over illegally low pay and conditions which were linked to the coronavirus spike which forced the city back into lockdown.The latest allegations follow a report in The Times newspaper t

Sportswear giant Nike is all set to give its patrons in China a wholesome retail experience with the introduction of Nike Rise: a first-of-its-kind concept store by the brand, launching in Guangzhou, China.Image Courtesy: news.nike.comAs the brand focuses efforts on digital transformation, Nike Rise joins the league of other concept stores including Nike Live in Tokyo, Japan and House of Innovation in New York City.The store will create a personalised shopping journey that connects the shopper w

Despite the lockdowns being lifted, the threat of the pandemic has not lessened and neither has the rate at which brands are going bankrupt.Ascena Retail Group, the owner of Ann Taylor among other mall brands, is preparing to declare bankruptcy along with the closure of at least 1,200 stores permanently.As early as next week, the Group could be looking at filing for protection under Chapter 11, in an attempt to unload US $ 700 million of a total US $ 1.1 billion in debt.Out of a total fleet of a

NEW YORK - PVH Corp, which owns brands including Calvin Klein and Tommy Hilfiger, outlined its ambition to help shape the 'new normal' post-pandemic as it published its annual Corporate Responsibility (CR) report.The company's 2019 report, the first published since the launch of its 'Forward Fashion' strategy, continues its commitment to greater accountability and transparency.For the first time, the report directly compares workers’ average hourly wages in PVH supplier facto

Hi-Tec Sports International Holdings, a subsidiary ofApex Global Brands, is all set to unveil a new patent pending Venture Series of performance apparel, in collaboration with Tharanco Lifestyles. The initial range of high-quality products featuring built-in face masks will soon be available for buyers on hi-tec.com and will roll out nationally this fall.Pic: GlobeNewswireApex Global Brands is a global brand management and licensing organisation that markets a portfolio of high-equity lifestyle

Flipkart Group, one of India's leading digital commerce entities, and Arvind Fashions Ltd (AFL), a leading casual and denim player, have strengthened their partnership through an investment of ₹260 crore by the Flipkart Group to purchase a significant minority stake in AFL's recently formed subsidiary Arvind Youth Brands which owns the Flying Machine brand.Pic: Arvind Fashions Ltd/Flying MachineThe investment builds on the long-standing engagement between the two organisations that have

Jordache, an American clothing company, has selected BeProduct – a cloud-based digital product platform to enhance the collaboration for in-house product creation.Image Courtesy: www.euphoriazine.comThe company has also planned on extending the reach of the platform throughout its global supply chain as soon as the operations are resumed.The platform was chosen for its cloud-based architecture and for its features that help through the entire design and development process of a product.The compa