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Chinese retail giant, VIPshop, has recently announced an increase in their first-quarter profits, a result of robust clothing sales and enhanced margins during the Lunar New Year shopping period. The firm revealed a total net revenue of RMB26.6 billion…
Fast-fashion digital platform, Shein, is set to acquire Everlane from its predominant owner, L Catterton, in a transaction that estimates the US-based clothing retailer at roughly US$100 million. As part of the agreement, those possessing common stock in…
Swiss athletic apparel company On has joined forces with acclaimed actress and producer Zendaya to introduce a new collection featuring her debut co-designed sneaker. The Collaboration The noteworthy partnership unveils the Cloudzone Moon, a meticulously…
Mountain Dew, in collaboration with the acclaimed Australian outdoor brand, Pyra, is launching its inaugural apparel line. This innovative collection harmoniously fuses practical, high-performance elements with an urban, stylish aesthetic. Artful Blend of…
The American Apparel & Footwear Association (AAFA) has requested the U.S. and Vietnam governments to speed up the distribution of vaccines to major suppliers of Adidas, Gap and other brands. “We urge you to dramatically ramp up distribution of vaccines,…
Apparel retailer Gap is weighing options including a potential sale of its China business, citing people with knowledge of the matter. The report said the Old Navy parent was working with an adviser to explore its options and has contacted prospective…
Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents face late payments. Garment factories in Bangladesh are on the rack. The global apparel industry, reeling from a punishing 2020, is seeing its hopes…
VF Corp. (VFC), a provider of branded lifestyle apparel, footwear and accessories, announced a transformation plan for its Asia Pacific operations, with relocations over the next 12 to 18 months with the first moves expected in April 2021. VF plans to move…
Athletic apparel fashion label Jordan has launched a new capsule collection prominently featuring a flight suit design. The function-first jumpsuit design with a streetwear edge signals the collection’s style ethos; delivering a selection of new everyday…
Apparel manufacturing and retailing giant VF Corporation has reported a 30-per-cent increase in sales in China in its third quarter, to December 28. The huge increase helped fuel a global 6-per-cent rise in revenues to US$3.4 billion, excluding its troubled…
Global apparel, footwear and accessories retailer VF Corporation is entering an exclusive collaboration with environmental charity Redress to deliver the Redress Design Award 2019 x VF Challenge in Hong Kong. The award is the world’s largest sustainable…
Muji Singapore has opened a two-storey store at Jewel Changi. The 12th outlet of the popular Japanese minimalist brand houses more than 4000 products and an 88-seat Cafe&Meal dining area. The product range includes apparel, furniture, kitchenware, toiletries,…
Indian lingerie retailer Zivame has raised about US$8.6 million to fund expansion. The funds were raised through Allana Investment and Trading Company, in a round led by existing investor Zodius Technology and individual investors. The new capital will be…
UNIQLO, Japanese global apparel retailer, announces that it will launch a special UT (UNIQLO graphic T-shirts) collaboration collection that celebrates the megahit game series Monster Hunter™ and Street Fighter® from Capcom, a leading worldwide developer and…
Japanese supermarket sales edged down 0.2 per cent in a third consecutive year of declines, according to figures released by an industrial body this week showing last year’s financial performance. The data for last year shows sluggish consumption regardless…
Tech startup Blinq is targeting Southeast Asia with software which allows users to virtually try on and purchase designer apparel and accessories from online luxury and contemporary fashion retailers globally. “Blinq uses AR and algorithmic patterns to…
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