Global Fashion Group (GFG), the leading online fashion and lifestyle destination in growth markets, has announced the launch of its inaugural Sustainability Report in Southeast Asia. The report highlights the progress achieved by Zalora, against its sustainability targets while also outlining the challenges that have been faced in the last year.Pic: Global Fashion GroupAs part of GFG’s 2022 sustainability targets and Zalora’s sustainability roadmap established in 2020, Zalora has progressively i

Hugo Boss has announced the expansion of its online store. Customers in twelve additional markets, including South Korea, Russia, and the United Arab Emirates, can now explore and shop the latest Boss and Hugo collections online via the group’s online flagship. The leading fashion company from Germany sells clothing, accessories, footwear, and fragrances.Last year, Hugo Boss expanded its online portfolio by a total of 32 stores, further strengthening its own online business. As such, Hugo Boss w

NEW YORK - US fashion retailer J.Crew has announced a new initiative aimed at improving sustainability and corporate social responsibility (CSR) throughout its global supply chain.The company says its 'Re-imagined by J.Crew' campaign will support the United Nations' Sustainable Development Goals (SDGs) and focus on responsible business practices, product innovation and industry partnerships."We know there are many areas of sustainability that are in our power to impact positivel

The import of dressing gowns by the USA buyers has remained positive in the first 2-month period of 2021, as per data released by OTEXA.The country imported US $ 80 million worth of dressing gowns in Jan.-Feb. ’21 period, marking 1.88 per cent growth on Y-o-Y basis.60 per cent of this total value was contributed by China and Vietnam together. China shipped US $ 35.84 million worth of dressing gowns to USA in the mentioned period, noting 7.59 per cent yearly growth.On the other hand, Vietnam got

YKK – a leader in zipper and fastening products – has introduced a digital showroom to better engage with its customers virtually.The online showroom space is modelled to look like YKK’s bricks-and-mortar showroom in London. The space features six floors which are represented in the showroom’s logo and also look like a zipper.According to YKK, each floor features a different theme – latest trends and automotive; sustainable products; fastening products for high-function applications like outdoor

ABIDJAN - The fashion and textiles industry has been highlighted as a key oppportunity to develop a circular economy for Africa, according to a new World Economic Forum report.Entitled 'Five Big Bets for the Circular Economy in Africa', the report is the work of the WEF's African Circular Economy Alliance (ACEA) which was launched in 2017 to spur Africa’s transition to a circular economy.It identifies fashion and textiles - along with food systems, packaging, the built environment an

ZURICH - Fast fashion brands like Zara, H&M and Primark could face sharp declines in profits over the next decade as sustainability rises to the top of the consumer agenda, according to Swiss multinational investment bank UBS.A new report by the bank for its clients warns that fast fashion brands and retailers could see profits fall by 10 to 30 per cent over the next five to ten years as customers become more environmentally aware.“The compounding effect of consumers buying fewer items but a

TORONTO - Outdoor apparel brand Canada Goose has launched its latest sustainability report which includes a range of environmental commitments but no plans to end its controversial use of fur.Canada Goose's 2020 sustainability report provides updates on some of its goals from 2019, along with a series of new goals it intends to meet by 2025.It includes a focus on replacing all materials in its products, including cotton, nylon, polyester and down, with what the company calls 'preferred f

Tencel branded fibres by Lenzing in collaboration with Anita Dongre, has unveiled a new spring summer 2021 collection – ‘Sounds of the Forest’. The collection uses renewable and biodegradable materials featuring light and easy ready to wear that take after the whimsical beauty of woodlands with harmonies of flora and fauna reflected in patterns and prints.The colour spectrums take inspirations from pastels of early mornings and deep indigos of midnight. The silhouettes created are perfect for a

LVMH Moet Hennessy Louis Vuitton, the world’s leading luxury products group, reported 32 per cent revenue growth to €13.9 billion in its first quarter (Q1) FY21, compared to the revenue of €10.5 billion in the same quarter prior fiscal. The US and Asia registered strong growth, while Europe is still affected due to store closures and suspension of tourism.Pic: ShutterstockFashion & leather goods business during Q1 FY21 jumped 45 per cent to €6.7 billion (€4.6 billion). Louis Vuitton, driven