The pursuit of pre-loved clothing is emerging as the most prominent trend in the African market with consumers continually upgrading their wardrobes by donating or reselling used items.
As per an Euromonitor International report, known as Madunusa in South Africa, Okrika in Nigeria, and Mtumba in Kenya, ... Read more
Old habits die hard in the post-pandemic global active-wear segment as consumers still prefer to wear comfortable the clothes they have become used to over the last two years. With healthy lifestyles taking precedence over having a good time and an indulgent lifestyle, majority of consumers (76 per cent) ... Read more
Life is like a game of boomerang and sooner or later, everyone sits down to a banquet of consequences of human actions or natural causes. China quickly recovered from the global economic downturn after Covid 19 and became global saviour of luxury brands almost doubling in size compared to 2019 level... Read more
Even after 18 months of UK officially leaving the European Union, the country has failed to resolve bilateral trade issues. As Mark Neale, CEO, Mountain Warehouse opines, supplying materials to retail stores in Europe has become more complicated and tiresome post Brexit. Increased costs and bureaucr... Read more
American Eagle is no longer soaring high as it joins the growing list of premium clothing retailers reporting bleak earnings worldwide. The apparel industry is currently trying to figure out what the consumer wants in post-pandemic period with lower demand as inflation squeezes tight budgets of the ... Read more
The Yuletide is a couple of months away and Indian exporters of Christmas offerings have reasons to deck their companies with successes. It has been reported that India now ranks among the top five countries that makes the festive season merry in the US with offerings of festive T-shirts and decorat... Read more
China has always been synonymous with low-cost and mass production. However, the ongoing slow recovery from pandemic has led to rampant inflation in pricing, since the lockdown has changed demand in the goods sector and interrupted supply chains. The new virus has led to a further lockdown and there is no... Read more
American Eagle’s comparable sales in the latest quarter fell six per cent from a year ago. The brand’s priorities are adjusting its assortments and rightsizing inventory.
Other retailers including Walmart, Target, Gap and Kohl’s face similar problems with bloated inventories... Read more
India’s upbeat export figures weren’t immune to the pandemic outbreak and Russo-Ukrainian conflict. Last month, exports recorded a decline of 1.15 per cent year-on-year. The worst hit were cotton yarn, fabrics and handloom products which experienced negative growth of nearly 33 per cent.
Weak... Read more
Centrestage is being held in Hong Kong, September 9 to 11, 2022.
This is Asia's premier fashion event being organised by the Hong Kong Trade Development Council (HKTDC). A number of renowned and emerging fashion brands from Hong Kong and overseas are presenting their spring/summer 2023 collec... Read more
A two-year long pandemic followed by an ongoing war has shaken the global economy. Inflation, economic volatility seems like the new norm as consumers worldwide rethink purchase of non-essentials. In the global apparel reselling sector, the emerging picture is many shades of grey. Are apparel resellers di... Read more