Apparel news and archive

Millennials whose financial position improved will spend more on trends, mainly apparel

New York – A recent study shows that out of all consumer whose financial position has improved in the last year, Millenials were the most likely generation to increase spending on consumer products. Within the apparel segment, consumers are favouring value brands, those with strong value proposition, such as fast fashion, quality/price,...

Business

Machine learning becomes fashionable: retailers use automated inventory management

Clothing and fashion make up the majority of the more than 530 billion euro the European e-commerce sector is worth. The fashion industry is buoyed by online marketplaces and new technology primarily applied to the improvement of the supply chain and the customer’s experience. “The next generation of consumers are the iBrains,” said GFK Global...

Business

Turkish brands make a beeline for Iran

It seems no sooner were the economic sanctions against Iran lifted two weeks ago, European firms are ready to do business with the Islamic republic again, supported by president Hassan Rouhani's latest visit to Europe. Apparel brands are no exceptions and Turkish companies have been especially quick in trying to capture a piece of the new market...

Fashion Featured

Clothes smarter than you are: welcome to the future

Wish there was a gadget able to transform your boring office uniform into a party outfit, or even a device that guides you straight to new friends? Then call Marcelo Coelho. A researcher with Fluid Interfaces at the Massachusetts Institute of Technology's Media Lab, Coelho works at the cutting edge of wearable devices that may be smarter than...

Business

UK retail sales increase with the promise of spring

UK retailers were able to transcend the traditional deceleration of sales in February as retail sales increased on a like-for-like basis from February 2014 0.2 percent compared to the 1 percent dip last year according to the latest data from the BRC-KPMG retail sales monitor. Overall, total retail sales grew 1.7 percent last month year-on-year,...

BusinessFeatured

Royal Mail to target footwear and apparel deliveries ahead of expansion

The Royal Mail has its sights set on working more closely with clothing and footwear retailers and deliver heavier packages, as the company fights for it's share of the UK parcel market from a growing number of contenders. According to the Royal Mail trading update, the UK parcel division oversaw the delivery of 120 million packages last month,...

Fashion

VF Corp provides financing to improve Bangladeshi factory safety regulations

US apparel giant VF Corporation and IFC, a member of the World Bank Group, have teamed up through a new programme to provide loans to Bangladeshi garment factories to improve fire and building safety causes. Under the innovative financial arrangement, three Bangladeshi factories were the first to receive loans to promote worker safety. VF Corp...

Fashion

Fashion companies power Top 500 brands on YouTube

Nike, DC Shoes and Victoria’s Secret are among the top apparel companies on YouTube. In fact, together with the top companies in the strongest categories technology (Google, HTC, Sony) and automotive (Audi, BMW, Chevrolet), they represent more than half of the Top 500’s monthly views (442 million) according to the study “Top 500 Brands on...