Swedish fashion retailer H&M is under pressure to show investors that it can turn things around and withstand fierce competition from fast-fashion competitors like China-founded SHEIN, which is about to go public in 2024, and Zara, whose sales are rising. H&M aims to attain an operating profit of 10% by the end of 2024. In …
H&M’s profit goal is in the spotlight as cost-cutting efforts pick up steam Read More »
Damensch, a menswear brand, has partnered with Bettercommerce, a top London-based provider of e-commerce technology, to strengthen its online presence and improve customers’ entire purchasing experiences. Damensch hopes to use Bettercommerce’s strengths in this partnership to create an adaptable e-commerce platform that will propel its online growth. Co-founder of Damensch Gaurav Pushkar said in a …
Damensch enhances its digital capabilities by partnering with Bettercommerce Read More »
The New York-based fashion tech startup RANDOM AI has announced the release of its Minimum Viable Product (MVP). The platform, created by CEO Juan Atuesta and CMO Andres Fonseca, aims to leverage AI-driven personalization. Customers may now engage in fashion creation thanks to the company’s AI, which represents a change in the relationship between businesses …
RANDOM AI will introduce its AI-powered platform for designers of clothing Read More »
For Bangladesh to be eligible for GSP Plus facilities in the EU market after the country graduates in 2026, Charles Whiteley, the head of the European Union’s delegation to Bangladesh, has emphasized that the country must actively implement the 32 international conventions about the environment, labour, and human rights. According to media reports, Ambassador Whiteley …
EU delegate emphasizes adherence to international agreements for the GSP Plus program Read More »
The Uyghur Forced Labor Prevention Act (UFLPA) is being enforced more strictly, and the de minimis loophole has to be closed, according to the National Council of Textile Organizations (NCTO). This is because the Uyghur FLPA has caused significant disruptions in the US garment manufacturing industry. The House China Select Committee has called for DHS …
Impact of UFLPA enforcement gap on US apparel industry Read More »
Imane Ayissi kicked off Paris Haute Couture Week with a cozy ensemble full of eye-catching hues and textures. The Cameroonian-born Ayissi skilfully combined exquisite garments with commonplace items to showcase Africa’s rich textile and craftsmanship heritage. The colour scheme was bright and included orange, rust, turquoise, fuchsia pink, and red. Shiny cotton, silk crepe, shantung, …
Imane Ayissi honours African textile creativity by launching Paris Haute Couture Week Read More »
By 2030, the fashion e-commerce market in India is expected to surpass US $18.76 billion, according to global market intelligence company Coherent Market Insights. The company has projected in its most recent research, India Fashion E-commerce Market, that the market will expand at a compound annual growth rate (CAGR) of 34%. According to recent research …
Chinese video editing software CapCut has released a novel AI-powered video-to-text converter designed with the fashion sector in mind. CapCut, which was first introduced as JianYing in China in 2019 and is owned by ByteDance, grew in popularity and spread throughout the world, especially because of its connection to TikTok. By turning films into text, …
A new AI tool from CapCut can transcribe famous fashion moments for enhanced analysis Read More »
Fashion company Superdry has filed a High Court lawsuit against Manchester City, claiming that the team’s training gear violates their trademark. In the summer, City announced that in 2023–2024, apparel for men and women will showcase the beer maker Asahi Super “Dry.” The maker of sports casual clothing claims that “the differences between Super ‘Dry’ …
Superdry sued Manchester City for wearing “Asahi super dry” training gear Read More »
The Nonwovens Institute (NWI) and INDA, the trade association for nonwoven fabrics, have revealed their workforce development initiative for 2024. The training content range of INDA/NWI encompasses all aspects of the nonwovens value chain, from raw materials to products and processes. Jointly organized courses combine classroom instruction with practical exercises conducted in NWI’s top-notch nonwoven …
Schedule of 2024 nonwovens training courses announced by US’s INDA and NWI Read More »