Aditya Birla Fashion Acquires 51% Stake in Sabyasachi
The Indian retail giant has acquired a 51% stake in the luxury fashion brand Sabyasachi, which produces apparel and accessories and has stores across India,...
Tag : #brands
H&M & LEE COME TOGETHER TO LAUNCH SUSTAINABLE COLLECTION
Focus on men’s, women’ and kid’swear. The Lee x H&M collection focuses on sustainability in its design, looking at every stage of the denim production...
Sulzer is working with H&M and Worn Again Technologies
Technologies to develop technology for textile recycling. Sulzer is working with H&M and Worn Again Technologies to develop technology for textile recycling. Sulzer will help...
ADIDAS TO MAKE MORE THAN 60 PERCENT OF ALL PRODUCTS WITH SUSTAINABLE MATERIALS
Ranging from football jerseys made with recycled polyester to the vegan version of the iconic Stan Smith – in 2021, for the first time, more...
Debenhams To Close Six Stores Permanently
12,000 jobs at risk Debenhams said six stores will not reopen. Debenhams’ liquidation in December will put 12,000 jobs at risk. The flagship store on...
Sainsbury Sees Strong Christmas sales
Sainsbury’s has witnessed a “strong Christmas” after an increase in like-for-like sales with more customers than ever placing online orders for the festive season. Sales...
H&M: 50 STORES IN 5 YEARS
Opens new store in Bhubaneswar 50 stores in 5 years.. Yes H&M is mushrooming fast in India as it recently opened in Bhubaneswar. The brand...
BLACK FRIDAY IN COVID ERA – BOOM or BANE?
Bluecore’s 2020 Black Friday Report reveals that an average of 59% of retailers’ Black Friday sales were from first-time buyers. Consumers spent an estimated $9...
Survey By NRF Reveals Good Sales Can Be Expected
NRF (NATIONAL RETAIL FEDERATION) SAID that people spent an average of just under $312 on holiday related purchases from Thanksgiving to Cyber Monday, down 14%...
Editor’s End of year letter – Perfect Sourcing
NEW YEAR NEW HOPES… WILL 2021 WASH AWAY THE SCARS????? The year finally comes to an end, a year that was one of the worst...