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Report: Resale market to more than double by 2026, US to lead the charge

The global fashion resale market is expected to grow 127 percent by 2026, three times faster than the broader retail clothing sector, according to a new report. That growth will be fueled by the US, where the second-hand market is expected to more than double to 82 billion dollars by 2026 - 16 times faster than the broader retail fashion market....

21 hours ago

Business

European fashion textile exports saw encouraging growth in 2021

European exports of textile and clothing items increased by 10.6 percent to 58 billion euros in 2021, according to new data published by Euratex, the European Apparel and Textile Confederation which represents the interests of the European textile and clothing industry at the level of the EU institutions. Imports decreased by 7.5 percent to 106...

22 hours ago

Business |Opinion Featured

Burberry’s move to cut discounting may not pay immediate dividends

Discounting is the bain of most luxury brands, which is why many companies have increased their focus on direct to consumer sales while simultaneously reducing wholesale partners. Burberry is one of those brands, like Ralph Lauren - which it aimed to emulate under Rose Marie Bravo's leadership - where there was always ample product available at...

22 hours ago

BusinessFeatured

5 Most popular strategies brands are using to enter the metaverse

While the digital world isn’t necessarily a new concept, the fashion industry’s presence within it has been rapidly increasing over recent years, with 2022 in particular proving to be a year that has so far been full to the brim of digital integration and metaverse activations. A new report by Fashionbi has explored the various ways brands are...

May 17, 2022

Business

Digital retail solutions developer PixelPool receives grant from Epic Games

PixelPool has announced that it has been awarded a 50,000 dollar grant from gaming giant Epic Games to support the development of its digital retail solutions. The tech company said in a release that it will use the funding to further develop its Dtail Spaces application, part of its Saas platform. The feature allows apparel brands to operate...

May 17, 2022

Business

Maybelline teams up with Wattpad for Mental Health Awareness Month

Maybelline New York has revealed it will be partnering with the web novel platform, Wattpad, on a campaign for Mental Health Awareness Month. The #BraveTogether initiative has asked the Wattpad community to elevate stories related to mental health issues, prompting the platform’s mostly Gen Z writers to share their own stories on self-care and...

May 17, 2022

Business

Fashion’s need for an omnichannel approach

For fashion brands and retailers looking to thrive in a post-COVID-19 landscape, developing a strong omnichannel strategy is no longer an option but a must. Fashion brands need to begin embracing a digital mindset and be willing to interact with consumers on whatever platform they are on, outside of their own website and physical stores. As...

May 16, 2022

Business

SGS partners with Jeanologia on light sensitive fabric testing

SGS has announced a new partnership with Spanish technology manufacturer, Jeanologia, on the launch of an advanced Light Sensitive Fabric test. Available exclusively through the Swiss inspection and verification company, the programme utilises laser technology to accurately measure the sustainability of denim fabrics for laser marking. The...

May 16, 2022

Business

Nike cuts ties with Russian football team

Nike has confirmed it has ended its long-term sponsorship deal with Russian Premier League team, Spartak Moscow. The sportswear giant has been a sponsor of the football club since 2005. The decision follows an announcement by the Union of European Football Associations (UEFA) to ban the Russian national team from its competitions amid the...

May 16, 2022

BusinessFeatured

US Sen. Gillibrand introduces FABRIC Act to support garment workers

In support of American garment workers, US Senator Kirsten Gillibrand has announced the introduction of the Fashioning Accountability and Building Real Institutional Change (FABRIC) Act, already garnering industry-wide support. The legislation comes as a response to the increasingly unsafe working conditions often endured by American workers,...

May 16, 2022

Business

Filippa K reveals redesigned logo for its ‘new era’

Swedish fashion brand Filippa K has revealed a newly redesigned logo as it begins to shift its creative direction under its newly appointed creative director, Liisa Kessler. The logo, which coincides with Kessler’s debut campaign, consists of original hand-drawn typography that aims to connect the brand’s future direction with its past....

May 16, 2022

BusinessFeatured

Clarks makes its metaverse debut through Roblox

Footwear specialist Clarks has taken its first steps into the digital landscape with the launch of an immersive experience through the metaverse platform, Roblox. Created in partnership with metaverse development studio Melon, the Cicaverse experience celebrates the retailer’s unisex sneaker style, the Cica. “We’re super excited to bring our...

May 16, 2022