Courtesy: Centric SoftwareVarner, a leading retail textile company, is using Centric Software’s Product Lifecycle Management (PLM) across 10 of its concepts to streamline product development and adapt to faster retailing trends. Since implementing Centric PLM, Varner has been able to see a holistic view of all its products which is helping it to shorten lead times with suppliers. Varner’s first go-live was 30 per cent under time and budget and all concepts have experienced fast and enthusiast

Courtesy: Fast Retailing CoThe Fast Retailing Group revenue rose but profit fell in Q1 FY2019, ending November 30, 2018. The consolidated revenue of the company reached 644.4 billion yen ($5.92 billion). While Uniqlo International reported consistent rises in both revenue and profit, Uniqlo Japan reported a decline in both as mild winter weather resulted in sluggish sales. The sluggish performance from Uniqlo Japan was largely responsible for the decline in Q1 consolidated profit of the compa

Courtesy: Tom FordTom Ford is now Europe’s most searched for luxury brands, says research by France-based e-commerce advertising and shopping comparison service Kelkoo. The study surveyed spending habits across all major European retail markets, including the United Kingdom, France, Italy and Spain. Tom Ford was amongst the top 10 most popular luxury brands in each country. The label ranked third in 70 per cent of these markets. In the United Kingdom, however, the brand ranked second behind

After years of various groups trying to promote the importance of sustainability as best they can, the United Nations Alliance on Sustainable Fashion plans to take the lead. The United Nations Alliance on Sustainable Fashion will be officially launched March 14, during a media event of the 4th U.N. Environment Assembly in Nairobi, Kenya. While different U.N. institutions have tried to encompass fashion in various sustainability initiatives, this will mark a more comprehensive approach to a

Courtesy: Hong Kong Fashion WeekThe Hong Kong Fashion Week for Fall/Winter is all set to open on January 14. The four-day fair is expected to host some 1,400 exhibitors from world over. The fair has designated themed zones for different industry sectors, from garments, designer labels and upstream products, such as fabric and clothing accessories, to trade services and new technology. This is the 50th edition of the fair which is organised by the Hong Kong Trade Development Council (HKTDC).

Courtesy: Neonyt Messe FrankfurtThe Neonyt Trade Show, to be held during January 15-17, 2019 as part of Berlin Fashion Week, has an impressive fringe programme with an aim for a paradigm shift in the fashion industry towards a future that saves resources. Neonyt, taking place for the first time, is the synthesis of the two successful formats Greenshowroom and Ethical Fashion Show Berlin. “The current change in consciousness,” says Olaf Schmidt, vice president Textiles and Textile Technologie

India’s foreign direct investment (FDI) policy on e-commerce does not allow foreign investments in multi-brand retail, the Department of Industrial Policy and Promotion (DIPP) under the ministry of commerce and industry recently clarified. FDI is allowed only in the business-to-business (B2B) e-commerce segment and not in the business-to-consumer (B2C) segment. "Certain averments suggest that Press Note 3/2016 had covertly allowed multi-brand retail trading. Such a view is completely contrar

Courtesy: KANA MATSUNAMI X Veronique MoriezJapanese designer of fashion and jewellery, Kana Matsunami, and Parisian innerwear designer, Veronique Moriez, have joined hands to launch a new lingerie collection named ‘Kana Matsunami X Véronique Moriez’. The collection will be presented at ‘Exposed’ trade show, at the Salon International de la Lingerie in Paris, Italy, from January 19-21, 2019. The lingerie collaboration is comprised of four lines, four odes to nature and light; ‘Jardin Des Deli

Courtesy: GTTES 2019The second edition of the global textile technology and engineering show, GTTES 2019, will be held from January 18-20, 2019, in Mumbai. GTTES 2019, organised by India ITME Society, is ready to start a new successful business year with new optimism, opportunities, and prospects for the textile industry with more than 400 exhibitors from around 48 countries. GTTES has grown in size and numbers and has achieved 26 per cent growth rate attracting about 168 companies as first

Courtesy: AlizillaTmall Luxury Pavilion, Alibaba Group’s dedicated site for high-end brands, has launched a redesigned app which features a new “Maison” store format that enhances the brand experience for luxury shoppers. The Maison storefronts enable brands to customise their digital editorial content and storefront designs to speak to their brand image and tone of voice. An invite-only option available to a select group of the world’s most-prestigious and time-tested luxury brands, Maiso