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The global trade of true hemp (raw or retted) has shown a considerable growth in 2019. Total trade grew 51.69 per cent from 2017 to 2019, according to data from TexPro. The global trade of true hemp was $17.46 million in 2017, which moved up to $26.49 million in 2019. The total trade of true hemp rose 21.95 per cent in 2019 over the previous year.Pic: ShutterstockFurther, the trade of true hemp is anticipated to grow to $50.03 million in 2022 with a rate of 88.90 per cent from 2019, according to
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After facing serious troubles last year, Forever 21 is trying to re-enter UK and Europe through an online-only strategy.Image Courtesy: www.huffingtonpost.comThe company has started their e-commerce operation in the regions which will allow the retailer to overcome the current hurdle of social distancing that continues to plague the retail industry.The company has partnered with e-commerce company Global-e, which they had worked with in the past.It will be stocking all the international merchand
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Puma is one of the biggest sports retailers who have taken the sustainability route by incorporating biodegradable materials into their apparel.Image Courtesy: www.hypebeast.comNamed ‘Design to Fade’, Puma’s latest collection speaks for itself in terms of being environment-friendly.By collaborating with a Dutch project called ‘Living Color’ and Swedish design company ‘Streamateria’, the sportswear brand has mixed both of their respective technologies to create a line of biodegradable clothing.Th
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ENGLAND - Huge queues of shoppers outside Primark fast fashion stores, as 'non-essential' shops reopened for business in England, and rising retail sales in the US, raise fears that hopes for a post-pandemic reset in the industry may be overly ambitious.Surprise new figures from the US show that retail sales increased a record 17.7 per cent month-on-month in May, though total spending remained below pre-coronavirus levels following the largest monthly drop on record in April.Orsola de Ca
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In this junction of the COVID-19 pandemic, many well-established realities and practices of the world are changing rapidly. Industries, businesses, social dynamics, the lifestyle are few to name and so the definition of fashion and the fashion industry is also going to see a major change. It seems the dominating concept of ‘Fast Fashion’ is going to be affected by the need for function, protection and serviceability and so the word ‘Functional Fashion’ is to become the next buzz word in the fash
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None of the fashion brands have been able to escape the wrath of the coronavirus. Zara, known to be one of the fashion stalwarts, too is falling prey to the pandemic.Image Courtesy: archilovers.comAfter posting a disappointing 44 per cent slump in its first quarter turnover earlier this week, the retail group has made yet another startling announcement.Also Read:Inditex has said it will be closing down nearly 1,200 stores across the globe by the end of 2021. That would mean a little over 500 sto
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Sustainable fashion brand Ecoalf is spreading its base in Japan with a flagship store in the popular district of Shibuya in Tokyo.The Spanish brand’s new location will be designed by architect Yohei Sakamaki and will be reminiscent of the brand’s sustainable roots.Natural and recycled materials such as stone, bamboo, sand and wood will be used throughout the property and the second floor of the flagship will be dedicated to educational events and talks.The interiors are rich with the sustainabil
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recently announced three more of its branches—at Milton Keynes, Watford and Metrocentre in Gateshead—will not reopen after theretailer failed to reach a rent agreement with British real estate investment trust Intu Properties PLC. The three stories join a list of 17 sites already earmarked for closure, taking the total to 20.Pic: Debenhams“Sadly we have been unable to agree terms with the landlord. As a result these stores will not be reopening in line with the rest of the chain next week. We gr
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VENTURA - Patagonia CEO Rose Marcario - widely regarded as one of the leaders of the movement towards sustainability in the fashion industry - is stepping down in a surprise move.Marcario - who has overseen a transformation of the company, quadrupling sales while reducing environmental impact - leaves after six years as CEO and eight at the company, effective 12th June.Chief Operating Officer Doug Freeman will take over the reins at Patagonia while the company board searches for a permanent succ
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ONLINE - Digital fashion collections - which are intended to make the industry more sustainable - feature alongside real clothing in what is being billed as the world's first hybrid international online fashion project.Global Talents Digital, an initiative by the Russian Fashion Council in partnership with the TikTok video-sharing platform, runs today and tomorrow (June 10 and 11) as part of the #rewiringfashion challenge.A total of 36 brands from 20 countries are presenting new collections