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Thursday, December 31, 2020
More non-essential English retailers to close as Tier 4 restrictions extended
More non-essential stores across England will be forced to close this week after the UK government announced a swathe of new regions with enter into Tier 4, the strictest level of lockdown restrictions.
From the beginning of Thursday 31 December 2020, areas to be placed in Tier 4 include Leicester City, Leicestershire, Birmingham and Black Country, Greater Manchester, and Swindon.
It means around 75 percent of the population is now under Tier 4 “stay home” restrictions.
Other cities have been moved up from Tier 2 to Tier 3. Non-essential stores in these areas can still operate.
It comes as a spike in cases is seen up and down the country. Between 18 and 24 December, the weekly case rate in England rose to 402.6 per 100,000, a 32 percent increase on the previous week.
75 percent of England now in Tier 4
Health secretary Matt Hancock said: “[I] know that Tier 3 and 4 measures place a significant burden on people, and especially on businesses affected, but I am afraid it is absolutely necessary because of the number of cases that we’ve seen.
“But where we are still able to give places greater freedoms, we will continue to do so.”
The number of UK retailers - including both online and bricks and mortar stores - in “significant financial distress” jumped by 24 percent in the fourth quarter, according to research from UK corporate restructuring firm Begbies Traynor.
The data revealed that over 20,000 high street retailers and over 11,500 online retailers said they were in difficulty in the build-up to Christmas - an increase of 22 percent and 27 percent, respectively, in the run-up to Christmas 2019.
Photo credit: Pexels
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These were the sustainability efforts of the fashion industry in 2020
The year 2020 started harmless enough with several good sustainability initiatives, but they were soon overshadowed by the global Corona pandemic. From March onwards, with lockdowns and restrictions for brick and mortar stores selling non-essentials like clothing, accessories and shoes, it was more about the survival of many brands and retailers than the continuation of sustainable efforts. We probably would not have been surprised if lists like this one had to be discontinued for the time being.
But a turnaround already cautiously emerged in May, which intensified in June and the following months: Sustainability was seen as a way out of the crisis and the efforts of brands, retailers and other industry players deepened accordingly. Particularly encouraging is an increasing willingness to cooperate, as seen in various projects, but also the call for a general slowdown of the industry. If 2020 has taught us one thing, it surely is that less can be more and, if applied to the quantity produced and the fashion industry’s negative environmental impact, it will be a good motto to guide it through the next few years.
January 2020
Image: Edwin USA
The year 2020 started on a good note in terms of sustainability - 20 efforts were announced by brands, retailers and other industry players like Tendam, Zalando and Net-a-Porter in the first month of the year alone. It is heartening to see that sustainability plans - and implementing them - are still high on the agenda. Brands and retailers also increased their efforts to source more sustainable materials for fashion lines, shoes and accessories and reached out to each other for cooperation.
Read more…
February 2020
Image: Teva
In February, it was heartening to see the industry reaching out to partners outside the fashion realm to make more sustainable products come true or to simply tackle social and environmental problems together. Even recent fashion weeks and other industry events were used to push the sustainable fashion agenda. Other highlights of the month: The Cotton Ranking 2020 announced the most sustainable cotton users and Fashion for Good the nine participants of its first South Asia accelerator program. FashionUnited found 26 such efforts that were announced in February 2020 alone.
Read more…
March 2020
Image: Ethletic
With the world reeling in shock from the effects of the coronavirus pandemic, one would think that sustainability had taken a backseat but on the contrary, more than ever, the fashion industry was determined to make every effort count. It was particularly heartening to see that brands like Asics, Christopher Raeburn, Baukjen and Isabelle Oliver reached out to each other or industry-related companies for cooperation. The Textile Exchange releasing a new Responsible Mohair Standard was one of the 23 sustainable efforts announced in March 2020 alone.
Read more…
April 2020
Image: Vinted
Even though the Corona virus continued to keep the fashion industry on its toes, sustainability became more important than ever - a study even proved how it could save the fashion industry in the current situation. Just in time for the 50th celebration of Earth Day on 22nd April, the results of the Fashion Transparency Index were announced. FashionUnited was pleased to see that sustainability was in demand even in times of crisis and featured 17 sustainable initiatives that were announced by companies such as Canada Goose, Burberry, Ethletic and Emilia George in April 2020 alone.
Read more…
May 2020
Image: Adidas / Allbirds
Even in the face of the impact of the Corona crisis, the fashion industry’s sustainability efforts were moving forward in leaps and bounds with 16 initiatives announced in May alone. Footwear brands like Adidas and Allbirds, for example, showed how sneakers can become more sustainable while business models like resale and secondhand also gained momentum. In an open letter, star designers and fashion entrepreneurs called for far-reaching changes, including a slowing down of the entire fashion industry.
Read more…
June 2020
Image: Allbirds
What was already apparent in May continued in June as well: The fashion industry recognised the importance of its sustainability efforts - commercially and for the sake of the environment - and even during Corona, fashion companies made them a part of their budgets. The industry also seemed to be recovering from the pandemic and finding its way back to a ‘new normal’ where sustainability is a given. FashionUnited has put together 18 sustainable initiatives by companies like Puma, Gucci and Farfetch that were announced in June 2020 alone.
Read more…
July 2020
Image: Adidas x Parley
With efforts at brand level by players like Adidas, The North Face and Levi’s with more sustainable, circular or recyclable products, the industry’s sustainability efforts continued with 14 announced in July. Initiatives like the one by Fashion for Good and SeaChange presented further-reaching solutions such as waste water treatment, offsetting carbon emissions or tackling the plastic problem.
Read more…
August 2020
Image: Skopes
The fashion industry’s sustainability efforts continued in August with a vengeance - 26 such initiatives were announced. Cooperations between brands were in fashion but also those industry-wide or even industry-transcending ones that are concerned with guidelines and standards, for example by Fashion Positive. At brand and retail level, more sustainable collections by Skopes, Asket and Prophetik were going strong as well as operating in a more responsible, efficient and sustainable way. Yarn innovations were big this month too, along with new clothing rental initiatives.
Read more…
September 2020
Image: Redress
In September, the fashion industry’s efforts in the areas of sustainability, resale and recycling continued with 32 initiatives. Brands and retailers like Bestseller, Kenzo and Wrangler have accepted the challenge to produce greener, more sustainable and resourceful products, campaigns and ways of operating. As far as cooperation is concerned, industry leaders and brands remained interested and joined forces for innovative projects.
Read more…
October 2020
Image: Allbirds
With 36 initiatives, October turned out to be the strongest month of the year in terms of sustainability and the fashion industry’s efforts in the areas of sustainability, resale and circularity seemed to have switched to a higher gear. Cooperations by Very, Marchon and the Fashion Green Hub came through, be it to introduce innovative new materials, provide second hand clothes or ecological innovations. Brands and retailers like Burberry, Allbirds and Adidas are still going strong when it comes to making the fashion they sell and running their operations more sustainable.
Read more…
November 2020
Image: Clae
Following on the October momentum, in November, too, cooperations like the New Cotton Projects and the Conscious Fashion Campaign ranked high in the industry, ranging from promoting circular fashion to reducing packaging materials and more. Brands and retailers like G-Star Raw, Moncler and H&M kicked it up a notch in view of the holidays and put their most sustainable foot forward in terms of offering products that make a difference. FashionUnited found 29 sustainable initiatives that were announced in the month of November alone.
Read more…
December 2020
Image: Timberland
In December too, the fashion industry sought to advance its efforts towards more sustainability, recycling and a generally more circular economy. Particularly encouraging: collaborations between brands and tech hubs such as H&M with HKRITA, Bestseller and Cyclo, or Fashion for Good and Biofabricate to accelerate innovations. The last month of the year was also impressive in terms of more sustainable products such as jeans and shoes. FashionUnited found 20 sustainable initiatives presented by the fashion industry in December 2020 alone.
Read more…
Image: Renewcell
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Retailers Hold Their Breath as Q4 Sales Emerge
Fashion retailers were hit especially hard early on by the Covid-19 pandemic. Since then, they have been racing, fighting even, to adapt, evolve and innovate fast enough to save their businesses. One of the key accelerations that have led to overall positive growth in the retail industry is a more strategic focus on e-commerce during what can be called the year of compulsory evolution.
Listen to the full podcast with Massimo Volpe, Co-Founder of the Retail Hub, and Founder of Global Retail Alliance here.
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Wednesday, December 30, 2020
Video: Alexander McQueen presents his SS21 collection film
In this video, Alexander McQueen introduces his SS21 collection film. The film is called ‘First Light’ and it was directed by Jonathan Glazer.
Watch the video below.
Video: Alexander McQueen via YouTube
Photo credit: Alexander McQueen, Facebook
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Quotes from the late fashion great Pierre Cardin
Key quotes from French designer and businessman Pierre Cardin who died on Tuesday aged 98:
- Fashion -
"The clothes I prefer are those I have created for a life that does not yet exist, the world of tomorrow."
"My aim was the street, that my name and my creations be on the street. Celebrities, princesses were not my cup of tea. I respected them, I dined with them, but I could not see them in my dresses. In any case, they would have looked ridiculous."
"My great stroke of genius was ready-to-wear at a time when there was only haute couture. They told me it would not last two years. I charged on, believing in my idea. I was criticised, made fun of."
- Creation -
"Form comes first. Then the material that expresses the volumes, the flow, the flexibility. Colour comes last."
"A table leg, a root, a tree, a leaf, all can give me ideas. I am capable of seeing an artichoke and making an artichoke dress!"
"I don't stop, I need it, just like a painter or a writer. I need to express myself. My reason for being is fashion."
- Business -
"I own 100 percent of everything, I am self-sufficient. I can drink my own wine, go to my theatre, eat in my restaurants, sleep in my hotels, dress, wear my own perfume..."
"If I have made money with my licences, it is to be free, do something other than fashion. By changing professions I distract myself. There would not be a bigger punishment than forcing me to play the game."(AFP)
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Video: Dior styles singer Jisoo
Jisoo, a singer from the girl band 'Blackpink' is a muse for Christian Dior. In the video below you can see some of her iconic looks from the French fashion house. Think looks and bags from the Dior 2021 Cruise collection by Maria Grazia Chiuri, and get a taste of the airy and playful atmosphere on set! Watch the video below.
Source: Christian Dior via YouTube
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Tuesday, December 29, 2020
How women's only mountain sports brand LaMunt focuses on the 'female perspective'
INTERVIEW The South Tyrolean Oberalp Group is a heavyweight in the outdoor market with its brands Salewa, Dynafit, Wild Country, Evolv and Pomoca. With the newly founded mountain sports brand LaMunt, initiator Ruth Oberrauch wants to focus solely on women. This is a first because this kind of target group focus is rare in mountain sports.
Last month, the Oberalp Group presented the new mountain sports brand on the occasion of its “Oberalp Convention” - the name of the group's international sales meeting, which of course had to take place digitally in these times.
LaMunt is Ladin and means ‘mountain,’ and in the old Italian language, mountain is not masculine but feminine. And this also outlines the focus of the brand: It dares to place a new, female view on the mountain and mountain sports. Although women are no longer a minority in mountain sports, their ideas and needs are given far too little attention by many brands, thinks Ruth Oberrauch, the brand initiator and daughter of company founder Heiner Oberrauch. We asked her what will be different about the brand when it goes on sale for the first time in the 2021/22 winter season.
What does a sports brand for women have to do differently than a brand for men or both genders? What is the difference?
LaMunt is a mountain sports brand by women for women, which means we think specifically about women's needs and incorporate solutions into our products in the best possible way. Our product team consists of women who bring in their personal experience, but we also involve potential female users from the very first minute and proactively ask about their wishes and needs.
How exactly do you go about that?
To give a concrete example: We have lengthened the lower back part of our trousers so that this area is more protected. Because women - as we found out in a workshop with 25 female mountain sports enthusiasts and nature lovers - want more protection here, so that there is no gap in this area. We have lined the inside of this higher back part with a Merino Tencel fabric and thus ensured additional wearing comfort, not only because the material dries faster.
A special topic is certainly also that of fit. If you develop a purely women's product from the outset, the approach to design is already quite different and you can respond more specifically to the shapes of the female body.
Another concern for us is to create a feminine look with LaMunt without resorting to the usual stereotypical ‘female’ colours.
Why does the mountain sports market need a new women's brand? Aren't you competing with other brands of the Oberalp Group, which also have strong female shares?
More and more women are on the move in the mountains; almost 50 percent of all active outdoor enthusiasts in the USA and Europe are women. This is also confirmed by the consistent sales of textile products for women within the Oberalp Group, which underlines that many women already actively live the mountain experience. The Oberalp Group is already represented in the market with five mountain sports brands and specialises in the mountain experience. We want to address consumers as specifically as possible. With LaMunt, we are targeting the self-confident woman who is looking for a little more fitness and feminine fits without having to sacrifice functionality. We appeal to women who want to experience the mountains as a place for their personal time off and for inspiration.
How does one have to address women as customers today so that they feel represented? Which topics are important?
Women see themselves as powerful and strong, just like men. The new women on the mountains are authentic, genuine, natural, sensitive. But also tasteful, lively and strong. They explore unusual places in the mountains and carry their new feminine values into the world of mountain sports, which has historically been dominated by men.
You did a semiotic study on women and their perspective on mountains. What was the result?
The semiotic study on women and mountain sports, commissioned by the Oberalp Group together with Karma's Behavioural Insights, one of the most internationally recognised behavioural research institutes, revealed even more. Women no longer see themselves as appendages when they are out in the mountains and no longer want to be pinned down to this old concept. They do not want to be reduced to the typical characteristics of women. They feel their bodies are just as capable, but they also stand by their needs. They want to express their female body through their clothing on the mountain, but they don't want to sacrifice functionality. This is at the top of their list when it comes to mountain sports clothing and equipment, followed by the desire for comfort and fit.
To what extent has the target group’s - women’s - behaviour changed? How do you integrate that into the brand?
We also observed that women are increasingly travelling independently and also in women-only groups. At LaMunt, we have included women in the conceptualisation and development of new product ideas from the very beginning. Already in January, before the start of the product development phase, we organised a two-day workshop with real, authentic women who are active in the mountains. Now, as part of the launch, the LaMunt Crew will also be introduced - women with a passion for the mountains and design are invited to critically and actively shape product development, network with each other and share their love of mountain sports.
How will the new brand be distributed?
We are convinced that online will play an increasingly important role and will therefore expand this channel from the beginning. On the other hand, a brand like LaMunt needs a physical place where it can be experienced and felt. Accordingly, it is important for us to find partners in retail who believe in our vision. So we are also looking for partners among stationary stores who want to walk a common path with us. In doing so, we rely on a rather exclusive distribution policy.
This article was originally published on FashionUnited.de. Edited and translated by Simone Preuss. Images: Ruth Oberrauch / LaMunt
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Video: Jacquemus' SS21 fashion show in a field
French designer Simon Porte Jacquemus presents his SS21 fashion show in a field.
In this video, Natacha Morice interviews the models before they walk down the field runway and Jacquemus breaks down the inspirations of the collection.
Watch the video below.
Video: Loic Prigent via YouTube
Photo credit: Jacquemus, Facebook
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Video: Gucci unveils its collection with The North Face
In this video, Gucci unveils its collaboration with The North Face. The ready-to-wear assortment collection includes outerwear such as goose-feather down-padded coats, a bomber and a vest, as well as shirts, skirts, dresses and jumpsuits.
The collection was designed by Alessandro Michele and the campaign was shot by Daniel Shea.
Watch the video below.
Video: Gucci via YouTube
Photo credit: Gucci, Facebook
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Monday, December 28, 2020
Video: Jacquemus' SS21 fashion show in a field
French designer Simon Porte Jacquemus presents his SS21 fashion show in a field.
In this video, Natacha Morice interviews the models before they walk down the field runway and Jacquemus breaks down the inspirations of the collection.
Watch the video below.
Video: Loic Prigent via YouTube
Photo credit: Jacquemus, Facebook
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http://dlvr.it/RpT5rL
Video: Gucci unveils its collection with The North Face
In this video, Gucci unveils its collaboration with The North Face. The ready-to-wear assortment collection includes outerwear such as goose-feather down-padded coats, a bomber and a vest, as well as shirts, skirts, dresses and jumpsuits.
The collection was designed by Alessandro Michele and the campaign was shot by Daniel Shea.
Watch the video below.
Video: Gucci via YouTube
Photo credit: Gucci, Facebook
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http://dlvr.it/RpT5qT
2020: Fall of fashion brands, retailers and series of Chapter 11 bankruptcies
A look-back at the year 2020 reveals how fashion brands and retailers suffered the most due to dwindling sales, low footfall, high debts, high rentals, inefficient operations, out-dated merchandise assortment and high inventories, among other such issues. The coronavirus pandemic added to the woes of these already troubled retailers leading them to file for Chapter 11 bankruptcy protection.
FashionUnited highlights some of the companies that failed to survive the tide during 2020.
The end of Topshop and Arcadia would be the biggest UK collapse of the pandemic
Once the king of the high street, Topshop parent company Arcadia would be the biggest corporate collapse during the time of the pandemic if it goes into administration.
With its 500 store portfolio its closure would create giant craters in the high street leaving unfillable gaps.
CBL files for bankruptcy
CBL & Associates Properties Inc, a U.S. shopping mall operator, has voluntarily filed for Chapter 11 bankruptcy. The news was reported by Reuters. This makes CBL another casualty of mall operator bankruptcies as coronavirus put a major dent in some already struggling mall businesses.
Canada’s Le Chateau Inc. seeks bankruptcy protection after 60 years in trade
New York – Montreal-based Le Chateau Inc. stores announced earlier this week it would seek court protection from creditors and shut down its stores. The party gear retailer has been 60 years in the trade.
Le Chateau has spent much of the COVID-19 pandemic trying to refinance or sell its business to a third party that would keep it in operation, but the attempts were unsuccessful, reported the Canadian edition of Yahoo Finance.
Canadian boutique Tristan seeks creditor protection
New York – Canada’s Tristan & Iseut Inc., a fashion brand founded in 1973, filed a notice of intention on July, 21 to seek protection under the Bankruptcy and Insolvency Act.
The file was made publicly available by the company’s trustee MNP Ltd. According to MNP, this notice is often the first stage of a restructuring process, and protects companies from creditors until they can create a plan to reorganise.
US department store chain Lord & Taylor files for bankruptcy
US luxury department store chain Lord & Taylor has filed for bankruptcy, becoming the latest retail casualty of the Covid-19 pandemic.
The company filed for Chapter 11 protection on Sunday, according to documents from the US Bankruptcy Court for the Eastern District of Virginia, along with its owner, French fashion rental subscription service Le Tote.
Tailored Brands files for bankruptcy
Tailored Brands, Inc., parent company of Men’s Wearhouse and Jos. A. Bank, has entered into a restructuring support agreement (RSA) with more than 75 percent of its senior lenders. The company said in a statement that to implement the terms of the RSA, the company has filed voluntary Chapter 11 petitions in the United States Bankruptcy Court for the Southern District of Texas. New York & Co. begins liquidating stores after parent company files for bankruptcy
New York – Fashion chain New York & Co. has already begun liquidating all its stores, two weeks after its parent company, RTW Retailwinds Inc., filed for Chapter 11 bankruptcy protection on July, 13.
According to the filing, RTW Retailwinds is planning to close most of its brick-and-mortar stores, as well as possibly sell its e-commerce business and related intellectual property.
Ann Taylor owner Ascena files for bankruptcy protection
Ascena Retail Group, inc. has entered into a restructuring support agreement (RSA) with over 68 percent of its secured term lenders. The company said in a statement that the plan is expected to reduce Ascena’s debt by approximately 1 billion dollars and provide increased financial flexibility to enable the company to continue its focus on generating profitable growth. The company has filed voluntary Chapter 11 petitions in the United States Bankruptcy Court for the Eastern District of Virginia.
Brooks Brothers files for bankruptcy protection
Brooks Brothers, a collegiate menswear brand founded in 1818, is the latest retail victim filing for bankruptcy protection.
The 200 year-old company is hoping to keep creditors at bay while it searches for a buyer. The upmarket retailer is owned by Luxottica founder Claudio Del Vecchio, who bought the company from Marks & Spencer in 2001.
The British arm of Victoria’s Secret files for creditor protection
New York – The filing for creditor protection covering their UK’s business is a wrap to quite a hectic week for Victoria’s Secret. The lingerie brand’s parent group, L Brands Inc. is facing a lawsuit for records of “a toxic culture”, as it emerged on Thursday. Prior to that, L Brands saw their deal to spin off Victoria’s Secret cancelled amidst the major closures prompted by the global health pandemic.
G-Star Raw's Australian arm enters administration
Denim company G-Star Raw has put the Australian extension of their company into administration putting 57 stores and 200 jobs at risk. G-Star Raw, which is based in The Netherlands, has named Ernst & Young's Justin Walsh, Stewart McCallum and Sam Freeman as administrators.
JCPenney files for bankruptcy to reduce debt
J. C. Penney Company, Inc. becomes the latest retail giant to enter into Chapter 11 bankruptcy. The company said in a statement that the restructuring support agreement (RSA) with lenders holding approximately 70 percent of JCPenney’s first lien debt is expected to reduce several billion dollars of indebtedness and provide increased financial flexibility to help navigate through the coronavirus pandemic.
Aldo Group files for bankruptcy protection
Canadian footwear retail chain Aldo has filed for protection under the Companies’ Creditors Arrangement Act (CCAA) in Canada to stabilise the business.
The court restructuring process began last week in Canada, explained Aldo, and it was seeking similar protections in the United States and in Switzerland, to help it stabilise the company in response to the ongoing Covid-19 pandemic that has shut its retail outlets.
Neiman Marcus files for bankruptcy amid Covid-19 pandemic
After J.Crew, Neiman Marcus Group Ltd LLC has commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division. As part of the process, the company said in a statement, Neiman Marcus Group has secured debtor-in-possession (DIP) financing of 675 million dollars from creditors to enable business continuity throughout proceedings.
John Varvatos files for bankruptcy
Menswear designer John Varvatos has filed for bankruptcy. The company listed assets of as much as 50 million dollars and liabilities of 100 million dollars. John Varvatos Inc is fully owned by Lion/Hendrix Corp, which also filed for bankruptcy according to Bloomberg Law.
End of an era: J. Crew to file for bankruptcy protection
J.Crew, the upmarket preppy retailer that once was the king of America’s mall brands, is preparing to file for bankruptcy protection according to multiple media sources. The struggling retailer is one of several high-profile U.S. chains including Neiman Marcus and J.C. Penney, that are on the verge of unraveling during the coronavirus pandemic.
True Religion files for Chapter 11 amid economic struggle
True Religion filed for Chapter 11 bankruptcy protection in a Delaware court this week. The denim brand attributed its financial struggle to store closures caused by the pandemic, on top of existing liquidity constraints. This is the second time in less than three years that True Religion has filed for Chapter 11.
Picture credit: FashionUnited
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Friday, December 25, 2020
3 Insights About Fleece To Take Into 2021
Lockdown has fast-tracked this fabric into mainstream territory. Available in various options, its cozy and technical qualities give it real staying power in the market. We dissect key learnings from 2020 to help plan its move into next year.
Pricing Is Now Accessible
No longer just a fabric used in the outdoor market, mass retailers like boohooMAN and Zara are now investing. Even more technical fabrics like Polartec®, traditionally seen at Patagonia and The North Face, are noted at the likes of J.Crew. This has driven the average price down creating a more competitive and trend-driven market for fleece.
It’s essential for retailers to refresh its assortment next year with options that appeal to its customer and their pricing expectations. The best way to control costs is with the type of fleece offered. Uniqlo chooses to stock varied qualities with pricing to match, while boohooMAN kept costs low with 100 percent polyester. Pricing can still be accessible at the higher end if it’s adequately justified and promoted.
The two graphs show how this trend can work all year-round.
Trends to buy into: 1. Micro fleece tops
Soft and lightweight, use it to update the half-zip top and turtleneck sweatshirt for basic and lounge edits.
2. Shirt jacket
A comfort-focused alternative to denim and canvas, use utility detailing like paneling and pocket details to keep it modern.
3. Fleece hoody
With sports brands like adidas and Nike already updating the silhouette with fleece this year, 2021 will see the trend skyrocket.
4. Reversible jacket
A great option to transition easily from indoors to outdoors, this versatility will allow for higher pricing.
A Gorpcore & Loungewear Essential
How to build the Gorpcore story. Stick to traditional silhouettes and add technical aspects with detailing. Double-ended zips on jackets, patch and concealed pockets, special linings and stitching methods that reduce bulk. Promote fleece’s warm, lightweight and breathable properties - perfect for outdoor adventures. Pair with utility pieces like cargo trousers and shorts to complete the look.
How to build the loungewear story
Fluffy fleece has already infiltrated lounge edits, especially for jackets. Utilize the fabric on hoodies and sweatshirts and even co-ords for a cozy upgrade from jersey. Lighter weight fleece options will work for a more refined at-home story - see micro fleece trend above. Highlight its ultra-soft handle and easy-care properties in customer communications.
This article was written and for FashionUnited by By Tara Drury, Retail Analyst at Edited. Edited is the leader and industry-standard for real-time retail analytics, where the software leverages artificial intelligence to track and reveal insights on competitor product ranges, pricing, discounting and trends across the global retail landscape. The software is used by buyers, planners and trading teams to generate a huge competitive advantage.
Images courtesy of Uniqlo.
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Independent designers blueprint for a meaningful change
The fashion industry has never been more ready for a good shake-up and a meaningful change. The pandemic exposed many flaws within the system and made it clear that fashion brands have to change the way they operate to be able to stay afloat. They should do so through sustainable innovation. Sustainable innovation is no longer a trending topic but a necessity. Emerging independent designers have always been at the forefront of change, delivering the most innovative and unconventional ideas. And now, the new generation of creative talent is leading the way into a sustainable future. They view sustainability as a starting point of design and as their core value. To them, sustainability is a mindset and a lifestyle. Not a PR strategy, not a „virtue-signaling“ product label that claims to save the Planet, while the reality is: it has been manufactured using cheap labor in China, India, or Bangladesh. And it‘s just not a set of vague environmental commitments by 2050.
A sustainable mindset matters and brands should hire designers who combine traditional know-how, innovation, and sustainability.
According to the research paper published by the British Fashion Council and DHL last year, the staggering 70 percent of the industry impact on global CO2 emissions happens in the design process and manufacturing (in the dyeing and finishing stages in particular), as a result of choices made in this early stage of production. Instead of spending more time forecasting the actual demand and sourcing sustainable fabrics, brands purchase non-sustainable materials and produce more than needed because it‘s cheaper and more profitable. This business model is not sustainable in the long run, and this is why brands need to rethink the way they operate and hire people in key positions who have the right skills: the ability to source sustainable materials and forecast the actual demand. Morten Lehmann, Chief Sustainability Officer at the Global Fashion Agenda, pointed out in the conversation with BOF that we are looking at the future marked by scarcity of natural resources due to climate change; therefore, these skills will be especially critical long-term. To combat climate change, countries will need to double and triple their 2030 reduction commitments to meet the Paris Agreement Climate Pledges, as reported by National Geographic a year ago. The fashion industry has tremendous influence and power over what people think and could lead the way. And here is where creative ideas of the new generation of designers can come into play: the ideas that favor sustainability, creativity, and collaboration over profit-making and growth at the expense of the environment.
Traditional know-how and innovation
Emma Bruschi is a young French designer based in Marseille, France. She is the winner of the 19M Métiers d’Art de Chanel prize at this year’s 35th edition of Hyères Festival. Emma’s work is inspired by nature, the art brut, and the way her grandparents live in a small village in the Haute-Savoie region of France: their domestic know-how and ability to grow what they need. Emma sees the past as a source of inspiration and knowledge that she can use today in a new innovative way. „The fashion industry is obsessed with finding new efficient materials neglecting those that proved as useful and versatile since centuries. Take the straw. There is so much you can do: you can build a house, feed animals, make objects and clothing, use it as fuel, and even make bioplastic out of it.“
In her latest collection, Emma explores creative ways of using traditional materials such as wool, linen, and straw. She made a belt from linen fabric and embroidered it with straw and raffia using an old needlework technique called Lunéville and upcycled linen bedsheets into shirts. She made earrings from straw in collaboration with Maison Lemarié and straw baskets together with a local basket maker using the wicker technique. Emma works with local artisans who are also farmers and who still use traditional techniques, and she hopes to revive the traditional crafts. Emma‘s vision of the future is a textile farm where she could grow plants and use them as both a food source and raw material for her garments and where she could employ local artisan and boost local production. The fashion and food industries should work closer together and develop techniques to use agricultural byproducts and food waste for the production of fiber and raw materials for garment production. It can be the ultimate win-win situation, says Emma. If local agriculture could supply the local fashion industry with raw materials, the fashion industry could close the gap between its supply chain, manufacturing, and distribution.
Pioneering sustainable ways of working with leather
Andrea Grossi comes from Tuscany, the Italian region, known for its long tradition of producing high-quality leather goods and for its know-how. True to tradition, Andrea is pioneering a sustainable way of working with leather. First things first, “we need to understand why leather production is so polluting,” says Andrea. It is not due to livestock since leather is a byproduct of the meat industry.
The most polluting stage of leather production is tanning with chemicals such as chrome. Andrea works with rhubarb and olive leather. Both rhubarb and olive leather is not a plant-based product. It is animal leather tanned with rhubarb and olive leaf extracts, environmentally friendly alternatives to conventional chrome tanning. The rhubarb plants for rhubarb leather production are cultivated organically and do not compete with common food crops for cultivation area, and the olive leaves are a byproduct of existing agriculture. Andrea also works with zero-waste leather made from leather scraps assembled through coupling and coating. It has the same performance qualities yet a lower environmental impact than new leather. Unfortunately, zero waste leather is expensive, as it requires labor-intensive production and handwork. If someone would invent the machine, we could industrialize the production of zero waste leather, he muses. To Andrea, using sustainable leather alternatives— be it rhubarb, olive, or vegan leather is critical. Especially, if you are a designer and if you have the power to make the right choices in the early stages of the production process. You can create demand and signal to manufacturers what alternatives they should focus on, and thus push the market in a sustainable direction. The rising demand will curb the production of sustainable alternatives and make them more affordable. „I always think about what if one-day people will stop consuming meat, “ says Andrea. „What if one day there will be no more leather coming from the meat industry?“ The plant-based alternatives will be ever so important, and this is why we need more research in this area.
Social sustainability is another important topic for Andrea. „It‘s good to create a product using sustainable materials, but it‘s not enough. You have to think about the social impact of your product. Do you create job opportunities? Do you produce responsibly? Producing responsibly means creating products that the end-consumer wants to buy. If you offer a sustainable product, yet there is no demand from the end-consumer, honestly, there is no point in producing it.“ Andrea strongly believes in ecomodernism. He believes in using traditional know-how and knowledge and adapting them to our current needs through innovation. Creating a more sustainable future is also a matter of education, of changing people‘s mindset, and creating new value systems focused on sustainability. „Ultimately, what people care about is an affordable and good quality product. The task of a designer or a brand is to take responsibility and offer a sustainable product that appeals to the consumer.“
Paradigm shift: re-defining luxury and fostering collaboration
Maximilian Rittler is an Austrian fashion designer, currently based in Antwerp, Belgium. He created his recent menswear collection from deadstock and donated materials. For Maximilian working sustainably was not an option but a solution. He didn’t have the financial means to buy new fabrics and had to work with what was available. „Working within constraints and limitations of what you already have and what you can get is a strength and a skill of creative problem-solving“, he says. „It depends on how you see the world: you can see the same glass of water either half-full or half-empty. I decided to turn my situation upside down and use the limited access to fabrics as an advantage: I worked with what was there and used my creativity and imagination. The limitations helped me to acquire important qualities of making fast and effective decisions and working sustainably. As a designer, you have many options for how you chose to work. Working sustainably is a conscious decision. Taking active care of the environment is a conscious decision.“
Fashion has the power to change what people value. „You can say python‘s skin is luxury, or you can say an upcycled piece is luxury, and you can create a new narrative for what‘s considered a luxury and a whole new economy based on the new understanding of luxury. The industry needs a paradigm shift that can change the very core of how the system and the companies within this system operate. „There are so many people working in creative fields in non-creative positions, and they don‘t know anything about the creative process, which allows for mistakes and misunderstandings to slip through. If these people knew more about the creative process, mistakes could be avoided“. Maximilian laments the lack of communication, collaboration, transparency, and support within the industry. „It could be helpful to create open databases where designers and brands would share information about their suppliers and manufacturers instead of secrecy and non-sharing mindset. The industry can only change when we start to compete with and not against each other.“
Designers call for a fundamental structural and systematic change in the industry.
Only if we change the system, we will be able to meet the sustainability goals. The industry should develop a framework that rewards sustainable efforts. We need to see the new generation of designers in high profile positions: those who know how to work with scarce resources, those who have a mindset rooted in sustainability and who are familiar with circular models, and those who value collaboration. We need to expand our understanding of equality and diversity within the industry. We need more opportunities for people from working-class backgrounds, including hiring them for high-profile creative positions. They can bring new unique perspectives on how to be resourceful and work efficiently. The article published at Fashionroundtable.co.uk at the beginning of November argued that unpaid internship positions widespread within the industry perpetuate the fashion industry‘s class divide and should no longer be acceptable. It took a closer look at the exploitation of creative talent through free labor and the difficulties that many people from lower economic backgrounds face.
Creativity and collaboration should be pivotal
One of the questions young designers often ask is: why don‘t brands that have an overstock of materials (deadstock fabrics, fabrics they no longer use, pieces they no longer sell) simply donate them? Why don‘t we have platforms where brands and designers can exchange materials on a larger scale to prevent these unused materials from ending up in landfills? By donating what they don‘t need and don’t use, the brands could support the new generation of independent designers who have brilliant ideas but lack the financial means to make these ideas a reality. Redefining luxury and the value system around second-hand and upcycled fashion, championing direct-to-consumer communication and transparency, thinking local and sustainable - these ideas are worth supporting. These ideas can change the world.
Written by Veronika Dorosheva
Images (From left to right on top and also top to bottom in the article) Looks from Emma Bruschi, Andrea Grossi and Maximilian Rittler collections. Images: Ètienne Tordoir / CatwalkPictures via 2e Bureau
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China begins anti-monopoly probe into tech giant Alibaba
Beijing - China has launched an anti-monopoly investigation into Alibaba, regulators said Thursday, sending the share price of the e-commerce giant tumbling and intensifying the troubles of its billionaire founder Jack Ma.
Regulators will also hold “supervisory and guidance” talks with Alibaba’s gigantic financial services subsidiary Ant Group, state media reported, just weeks after its record-breaking IPO was halted at the last minute by Beijing.
The continued squeeze on one of China’s most influential companies is the latest sign that the Communist leadership is ready to deflate the ambitions of big tech firms in a runaway internet sector, which has made Ma one of China’s richest people with an estimated $58 billion fortune.
Investigators are probing Alibaba for “suspected monopolistic practices”, the State Administration for Market Regulation said in a statement.
The probe threatens to impede the growth of Alibaba, a tech juggernaut which revolutionised the e-commerce landscape of China.
Alibaba shares tumbled 8.6 percent to a five-month low in Hong Kong on the news.
In a statement, the company said it “will actively cooperate with the regulators on the investigation”.
Financial services subsidiary Ant Group said it too would cooperate and “diligently study and strictly comply with regulatory departments’ requests”.
Ant Group made its name via its main product Alipay, the online payments platform and super-app that is now deeply embedded in China’s economy.
But the company has also expanded into offering loans, credit, investments and insurance to hundreds of millions of consumers and small businesses, spurring fear and jealously in a wider banking system geared more for supporting state policy and large corporations.
Its reach into the daily spend of Chinese has also caused anxiety over the potential for personal debt to turn sour and toxify the wider economy.
As global demand for the dual Hong Kong-Shanghai listing pushed the IPO toward record valuations — potentially handing Ma and Ant Group even more funding, legitimacy and clout — Chinese regulators acted.
The outspoken and charismatic Ma — a former teacher — had previously lashed out at China’s outdated financial system, calling state-owned banks “pawn shops” in an October speech that led to him being summoned for regulatory talks shortly before Ant’s IPO was suspended.
He has edged away from the public limelight since the IPO collapsed.
No one bigger than the Party
Noises from the top of the Chinese Communist Party are ominous for companies perceived to have outsized ambitions.
Party leaders at last week’s Central Economic Work Conference vowed to strengthen anti-trust measures and “firmly oppose monopolies” while the Party’s executive Politburo body has also vowed to crack down on “disorderly capital expansion”.
“There is an underlying political message, that no company, and no individual, can grow so big in China to the point where they can potentially challenge the authority of the CCP,” Richard McGregor, senior fellow for East Asia at the Lowy Institute in Sydney, told AFP.
This year, Beijing has also implemented new regulations to contain potential risks in China’s growing online lending industry, as the fintech arms of internet firms including Alibaba and Tencent have expanded and consolidated power over the market.
“Undoubtedly, Ant will now become a very different company in structure and in balance sheet,” said Ryan Manuel, Chief Asia Strategist at Silverhorn Investment.
“Its regulatory environment will appear more like that of a financial services provider and less of a tech company. Its growth will slow. Its market valuation will decrease.”
China’s market regulator in November issued draft antitrust guidelines for internet platform economies that highlighted examples of anti-competitive behaviour.
State media have repeatedly called for tighter oversight of these firms, warning of potential financial instability as a result of their unregulated rapid growth.
Bad debt in China’s chaotic financial system is a perennial risk, and regulators launched a crackdown on a growing nationwide credit addiction three years ago owing to fears of a financial meltdown. (AFP)
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Thursday, December 24, 2020
2020: Online fashion sales zoom while physical retailers suffer
Fashion has been the most hard hit category by Covid-19 pandemic. Compulsory store closures, work from home schedules followed by low footfall at opened stores, negatively impacted sales at almost every brick and mortar fashion retailer. According to Reuters, the Office for National Statistics report showed that clothing sales declined 19 percent in November, their biggest drop since April’s lockdown and almost a third lower than a year earlier.
However, interestingly, this was not the case with online fashion retailers. In fact, they witnessed a sudden surge in demand for casual as well as fitness clothing during the pandemic, with people across the world opting for work from home routine. UK online fashion sales increased 363 percent throughout the month of November, as England was put through Lockdown 2. Orders during Black Friday week, also termed Cyber Week – from November 25 to December 2, 2020 rose 159 percent week-on-week, according to new data from True Fit, a personalisation platform for apparel and footwear.
A look back at the business articles during the year 2020 shows that while physical retailers like Fast Retailing, Under Armour, Adidas, Macy’s, Skechers, Nordstrom withdrew their guidance for the year 2020, online fashion retailers like Zalando, Boohoo, Asos, among others showed upbeat outlook for the year ahead. FashionUnited takes a look at these hits and misses of 2020.
Online fashion players make the most of surge in demand
Showroomprivé raises Ebitda outlook for 2020
European online retailer Showroomprivé, following an excellent year-end performance in line with the trend observed over the past two quarters, has raised its 2020 Ebitda target to be over 30 million euros from close to 20 million euros as previously announced. The Hut Group ups guidance following strong autumn sales
Following the strong results, the company has now doubled its Q4 guidance to an expected 40-45 percent increase year-over-year. Full-year 2020 revenue is now expected to be between 1.57 billion pounds to 1.6 billion pounds. Zalando posts strong Q3 growth, raises forecast
As a result of its strong financial performance, Zalando raised its outlook for the 2020 financial year on October 8, 2020. The company now expects GMV to grow 25-27 percent, revenues to grow 20-22 percent and an adjusted EBIT of 375-425 million euros. In its outlook published on July 15, 2020, Zalando previously assumed GMV growth of 20-25 percent, revenue growth of 15-20 percent and adjusted EBIT of 250-300 million euros for the full year. Global Fashion Group raises full year outlook after strong Q3
Global Fashion Group S.A. (GFG) has updated its outlook for the current financial year as a result of strong trading in Q3. The company said in a statement that it now expects to be profitable with respect to adjusted EBITDA and achieve constant currency net merchandise value (NMV) growth of around 23 percent, delivering 1.9 billion euros NMV and 1.3 billion euros of revenue. Boohoo raises full year outlook after strong H1 revenue and profit growth
The company added that group revenue growth for the year to February 28, 2021 is expected to be 28 percent to 32 percent, up from approximately 25 percent as previously guided, with adjusted EBITDA margin for the year at around 10 percent, increased from the 9.5 percent to 10 percent as previously guided. The company’s medium term guidance for 25 percent sales growth per annum and a 10 percent adjusted EBITDA margin remains unchanged. Asos raises full year revenue and profit outlook on strong demand
Asos plc expects sales and profit growth for the full year to be ahead of market expectations. The company anticipates revenue rise between 17 percent and 19 percent with PBT in the region of 130 million pounds-150 million pounds. The company said in a statement that improvement in expectations is supported by stronger than anticipated underlying demand and the continuation of the beneficial returns profile.
Physical retailers had to withdraw outlook after getting hit by Covid-19
Frasers Group scraps guidance following fresh UK restrictions
Frasers Group has withdrawn its guidance after new Covid-19 restrictions announced for London and the South East over the weekend meant the closure of “virtually all” of its stores in those areas. The group said Monday it has withdrawn its guidance of a 20-30 percent increase in underlying EBITDA during FY21. Ross Stores remains cautious on outlook
Commenting on the company’s performance, Barbara Rentler, the company’s Chief Executive Officer, said in a statement: “As we enter the fourth quarter, our month-to-date comparable store sales in November are down mid-single-digits. In addition, there remains a high level of uncertainty related to the worsening health crisis and we are concerned with how the upsurge of this pandemic might impact consumer demand during what we expect to be a highly competitive holiday shopping season.” Adidas posts fall in Q3 revenue and profit, reveals cautious outlook
In Q4, the company said, uncertainties around the further development of the coronavirus pandemic as well as the global macroeconomic environment remain high. Overall, the company’s top line is predicted to develop similarly in Q4 as it did in Q3, implying a low to mid-single-digit currency-neutral revenue decline. Shoe Zone expects to report loss for FY20
In a trading update for the 52-week period, Shoe Zone Plc said trading conditions in the second half of the financial year were challenging. The company said in a statement that store trading since reopening in June has been broadly 20 percent down year on year with digital trading broadly 100 percent up year on year. Shoe Zone generated revenues for the period of approximately 122.6 million pounds compared to 161.9 million pounds in 2019. As a result of the closure of its retail estate from March 23, 2020 to June 15, 2020 owing to the Covid-19 pandemic, Shoe Zone expects to report a loss before tax in the range of 10 million pounds to 12 million pounds.
Puma swings to loss as Covid-19 hits sales, scraps full-year outlook
CEO Bjorn Gulden described the second quarter as “the most difficult” he has ever faced. “The quarter started with a 55 percent decline in sales in April, May improved, but was still heavily down with -38 percent. The real improvement came in June which was down ‘only’ 6 percent. Flexibility with our wholesale partners, promotional activities in our own retail stores and a larger focus on e-commerce have been the short-term strategy.”
Gulden also said Puma would not be offering a full-year outlook due to the continued uncertainty surrounding Covid-19. Fast Retailing lowers full year outlook, sees around 50 percent profit decline
Lowering its outlook, Fast Retailing group predicts full-year consolidated revenue for the year ending August 31, 2020 will total 1.9900 trillion yen, down 13.1 percent and operating profit will total 130 billion yen, down 49.5 percent, while operating profit attributable to owners of the parent is expected to be 85 billion yen, down 47.7 percent. Macy's suspends Q2 dividend, withdraws outlook
Macy’s, Inc. is withdrawing its 2020 sales and earnings guidance issued on February 5, 2020 and has temporarily closed all stores as of March 18, 2020, through March 31, 2020. The company expected net sales for fiscal 2020 to range between 23.6 billion to 23.9 billion dollars, comparable sales on owned plus licensed basis to range between negative 2.5 percent to negative 1.5 percent and comparable sales on owned basis to be approximately 40 basis points better than owned plus licensed and adjusted diluted earnings per share in the range of 2.45 dollars to 2.65 dollars.
Pictures:FashionUnited,Facebook/Boohoo,Zalando
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N Brown completes 100 million pound fundraising
British retailer N Brown has completed the 100 million pound fundraising it announced last month.
The Manchester-based company has previously said the fundraising will help strengthen its balance sheet and “allow targeted investments to accelerate delivery of growth strategy to capitalise on the structural tailwinds in the group's markets”.
The company, which owns brands Simply Be, Jacamo and JD Williams, has also moved its listing from the main stock market to the junior AIM exchange.
It comes as the business announced a 17.6 percent drop in revenues to 356.7 million pounds for the first half of the year.
Photo credit: N Brown media gallery
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Is Amazon about to disrupt the customised clothing market?
As far as global disruptors go, Amazon is at the top of the list. It has shaken up entire industries with its functional yet aesthetically bland e-commerce platform, disrupting – if not bulldozing - brick-and-mortar retail, groceries, even insurance and fashion.
While the online behemoth firmly has its eyes on fashion’s luxury sector, it also hopes to disrupt customised clothing, specifically the affordable bespoke category. A newly launched custom clothing store called Made for You sees Amazon offer bespoke-sized t-shirts via an app.
How it works
Users enter details about their size, height, weight and body type as well as defining their preferences for collar, sleeve, length and fit. Users must upload two photographs allowing Amazon to create a virtual body double to see how the t-shirt will look. Amazon says it deletes the images after the last step.
The service is currently only available in the U.S. but is likely to roll out soon to other product categories and markets.
A virtual body double
According to Forbes, Amazon acquired Body Labs, a machine-learning company three years ago, for a price between 50 and 70 million dollars. Body Labs specialises in body shape analyses, developing custom avatars and calculating clothing sizes from videos and images.
For Amazon customers to be able to buy garments that fit their body shape is an entirely new business category, and one with enormous potential. High street brands have long been plagued with sizing issues, where a one-size-fits-all mentality has allowed mass produced clothing to be the norm in how fashion is consumed. Large factories cannot make modifications to singular items, but Amazon’s new service, however limited in product options, allows for adaptations beyond fit, including neckline preference, sleeve length, colour and choice between two fabrics. For the price of 25 dollars customers have something unique, not off the rack, that is guaranteed to fit.
If they rolled the service out to include other styles we could soon have an entire wardrobe of affordable made-to-measure apparel from Amazon.
Image Amazon Made for You; Article sources: Forbes, Engadget
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Wednesday, December 23, 2020
TFG London CEO steps down
TFG London CEO Ben Barnett is reportedly leaving the company in June 2021 after fourteen years at its helm.
Justin Hampshire, the managing director of Hobbs - one of the group’s brands - has been named as Barnett’s successor, and will also take up the role of group managing director, Drapers reports.
Hampshire has been at TFG London since 2016, when it acquired Hobbs.
“The last 14 years have been an incredible journey, on which I have been privileged to work with an exceptionally talented team of people,” Barnett told Drapers.
“Whilst it will be tough to personally step back from the brands we have built together, I am delighted to be handing over to Justin and confident that he is the right person to lead our store and head office teams in the next phase of our brands’ development.”
South African retail business TFG first entered into the UK market in 2015 with the acquisition of Phase Eight, before going on to add Whistles, Hobbs, Studio 8 and Damsel in a Dress to its portfolio of British premium womenswear brands. The company opened its first TFG store in December 2019.
Photo credit: Whistles, Facebook
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Spread Group names Julian de Grahl as new CEO
Spread Group, a collection of print-on-demand demands, has named Julian de Grahl as its new CEO, effective 1 April.
He will be taking over from Philip Rooke, who is pursuing a new career opportunity after 10 years at the helm of the group.
De Grahl has more than 18 years’ e-commerce experience and has been the managing director at CTS Eventim since 2012. Prior to that, he was managing director at Amiando (now Xing Events) and vice president vertical business at Xing AG (now New Work SE).
“Spread Group’s teams have done a tremendous job building an international, sustainable, and profitable business,” de Grahl commented in a statement, adding that the company is “extremely well-positioned to further expand into social commerce and B2B”.
Outgoing CEO Philip Rooke commented: “Spread Group is in a great place - we are a strong, sustainable, and profitable business. It has been an incredible honor to work with such talented people and to have achieved so much together.”
Rooke continued: Julian will be a great addition to the team and his vast experience, fresh eyes, and multifaceted approach will take the group to the next level.”
Photo: Julian de Grahl, courtesy of Spread Group
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Doing things differently: ethical sourcing by Carla Fernandez
Carla Fernandez is a Mexico City-based designer and brand, well known for supporting and promoting indigenous traditional craft from across Mexico and famous for saying that the haute couture of Mexico is located in the indigenous villages.”
Would you rather listen to this story? Click here to find the complete podcast by Joshua Williams with Sass Brown.
According to Sass, “one of the beauties of Mexico, and one of the things that Carla feels so strongly about, is the fact that there is such a diversity of material traditions across Mexico, across crafts, across communities that are all unique and special.” And she explains that Carla sees it as an honor to be able to work with, and in partnership with, those communities and those people. “She has a long history of working with indigenous communities by going and spending significant time with them, listening and learning from them about what their traditions are, what the meanings and the codes embedded in those traditions and processes are, and what their actual needs are.”
As an extension to her work with indigenous craftspeople, Carla designs a fashion collection, which she sells in her stores and online. Managing the supply side as well as customer demand for fashion products can be difficult, so she has divided her business into two entities: for-profit and not-for-profit. Sass explains that this is not unusual for a socially motivated brand to do, especially when they realize the limitations of a for-profit only business. She adds, “To a degree, the for-profit arm of the business offsets the costs of the not-for-profit work which focuses on engaging with artisans to develop their traditions and crafts into marketable products.”
The outcomes of the not-profit work is meant to benefit the craftspeople first and foremost, although Carla will often utilize their work in her own collection.However, determining what will appeal to a wider audience versus a more localized craft can be difficult, for many reasons, according to Sass. “That's the challenge to many brands and designers that work with artisanship, particularly from the developing world. And there's differing opinions on how much local tradition is included, or isn't included; what the rights and wrongs are of imposing Western aesthetics, et cetera.”
Carla’s approach is somewhat unique to other designers. She producers her artisanal collection, which is exceptionally avant-garde, and developed in collaboration with artisans themselves. Sass describes Carla’s work as “very refined” and “very art-based. She adds, “I think just her own presence, her own guidance in that process makes her collection aesthetically pleasing to a very broad audience, including Western customers.”
Additionally, Carla develops pieces directly with the indigenous communities for their own use, including products for the local tourist markets. Sass emphasizes, “she doesn't look down on one or the other as being better, because one is a route to the self sustainment of that community. And based on the knowledge that many tourists aren't willing to pay for incredibly work-intensive, artisanal pieces, they want more gift-type pieces. So, she works with both.”
When asked what more mainstream brands can learn from Carla Fernandez's model, Sass points out that Carla approaches her collection in three distinct ways, as three subsets of the overall brand.
First, there are full artisanal pieces, from beginning to end. Sass describes this design process as “from beginning to end--hand-grown fiber that's hand-spun, hand-dyed, hand-woven, and then embroidered and made.” Second, there are pieces that only involve some part of artisanship. “It may be from a ready-made fabric that has artisanal embroidery on it; or maybe it's handwoven, but it's in a more contemporary design,” states Sass. And finally, Carla creates more industrialized pieces that have little to no artisanal content. “They are much more commercial and sold through her standalone boutiques in Mexico,” she says. “And they are, in part, what finances the artisanship.”
In summary, Sass highlights, “I think it's that balancing an understanding of what customers are willing to pay, what your audience is and looking at your finance model to see if one needs to support another. And that's what Carla Fernandez does really well.”
Each month Sass Brown, an expert in ethical fashion, sustainability and craftsmanship, shares a fashion brand that approaches business differently and innovatively or operates outside of the main fashion systems and capitals. Sass is the former Dean of Art and Design at the Fashion Institute of Technology and the founding Dean at Dubai Institute of Design and Innovation.
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Tuesday, December 22, 2020
Boohoo appoints PKF Littlejohn to replace PwC as auditor
Boohoo has announced the appointment of PKF Littlejohn as its new auditor following the resignation of previous auditor PwC.
Boohoo, whose brands include PrettyLittleThing, Nasty Gal and MissPap, launched a search in October for a new auditor after confirming PwC had stepped down from the role it had held since 2014.
It came following an undercover investigation in July by The Sunday Times alleging poor working conditions and illegal pay at some of the Leicester factories supplying clothes to Boohoo.
The retailer launched an independent review of its UK supply chain following the allegations. The review found “many failings” in the factories of some of its suppliers in Leicester. When publishing the results of the independent review, Boohoo announced its Agenda for Change programme in which it set out six steps to enhance its supplier audit and compliance procedures.
Boohoo co-founder and executive chairman Mahmud Kamani this week told MPs he will “fix whatever’s gone wrong” at his fast-fashion empire.
“We have made some mistakes but over the last 14 years we’ve got more right than wrong and we have a very very fast-growing business,” Kamani said while giving evidence to parliament’s Environmental Audit Committee as part of its investigation into the fashion industry.
He continued: “I’m determined to fix whatever’s gone wrong and I understand things have gone wrong because of the fast-growing nature of this business.”
Boohoo also told the committee it had exited arrangements with 64 Leicester suppliers and factories since late 2019 after finding violations of its code of conduct.
Photo credit: Boohoo, Monomo
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Nike second quarter revenues increase 9 pecent
Second quarter revenues for Nike, Inc. increased 9 percent to 11.2 billion dollars compared to the prior year, up 7 percent on a currency-neutral basis. The company said in a statement that revenues for the Nike brand were 10.7 billion dollars, an increase of 8 percent to prior year on a currency-neutral basis driven by strong double-digit growth in Nike Direct, as well as growth in sportswear and the Jordan brand, offset by mid single-digit declines in the wholesale business. Revenues for Converse were 476 million, down 4 percent on a currency-neutral basis, as double-digit growth in digital and growth in Asia were more than offset by declines in Europe and North America primarily due to tighter supply and strategic distribution shifts.
“Nike’s strong results during a dynamic environment show the power of staying on the offense,” said John Donahoe, President and CEO, Nike, adding, “Our second quarter revenue performance was impacted by strong Nike brand digital growth of 84 percent, offset by lower revenue in our wholesale business and Nike-owned stores. During the quarter, we experienced temporary door closures in geographies affected by rising Covid-19 cases. We continue to experience year-over-year declines in physical retail traffic in North America, EMEA and APLA due to Covid-19 impacts and safety-related measures, partially offset by higher conversion rates.”
The company added that gross margin decreased 90 basis points to 43.1 percent, net income was 1.3 billion dollars, up 12 percent driven by strong revenue growth and lower selling and administrative expense, slightly offset by lower gross margin, while diluted earnings per share were 78 cents, increasing 11 percent as weighted average common shares outstanding increased slightly.
Picture credit:Nike news
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Liberation and rebirth: 4 trends for Spring/Summer 2022
Global trend forecasting agency Fashion Snoops has held a virtual event detailing the key trends that will dominate SS22 fashion and accessories, beauty and wellness, and home decor. The talk touched on the way consumer needs have changed in the past year, particularly during the Covid-19 pandemic, and how brands can navigate and win in the “new normal”. Here is a rundown of the four key trends to keep an eye on.
Rebirth
The first of the trends, Rebirth, draws inspiration from people’s desire in the past year to let go of the weight holding them back and allow room to be reborn. The trend is about looking to nature, connecting to natural cycles, spirituality and indigenous wisdom as a form of escapism from life in lockdown.
This appreciation for nature brings with it a new-found desire to know where our products come from and the processes used to make them. This includes regenerative design using innovative plant-based materials and raw materials such as hemp, flax and vegan leathers. Features include unfinished edges that give a rugged feel, functional attributes like big pockets for a sense of convenient practicality, intricate layered and woven details, and knits and mesh constructions mimicking the irregularities of natural growing foliage.
The trend is dominated by nature-infused colours such as dark browns, refreshing greens and honey oranges.
Photos: (Top left) Stella McCartney SS21 courtesy of the brand, (top right) Marques’Almeida SS21 courtesy of the brand, (middle) H&M Conscious collection courtesy of the brand, (bottom) Adidas Futurecraft Loop courtesy of the brand
Essential
The second trend, Essential, is inspired by consumers’ heightened appreciation this year for the things that really matter in life including community, family and friends. The pandemic has offered us a moment of pause to explore the idea of ‘less is better’ as we rediscover a love for creating our own food and other products.
This is reflected in the trend through handmade and purposed garments made from deadstock or recycled materials, as crafting becomes a type of therapy as we look to reuse what we already have instead of adding to mountains of waste. Materials include linen blends, hand-woven leathers and double weaves, among others. The colour palette again features a lot of natural, raw tones including a nutrient-infused grouping of pinks as well as purples, browns and root green.
Photos (from top to bottom): Dolce & Gabbana SS21 courtesy of Alessandro Lucioni / Gorunway.com, Scotch & Soda/Schueller de Waal courtesy of Scotch and Soda, Terracotta Row courtesy of the brand
Nourish
The third trend, Nourish, is inspired by people’s desire to heal after what has been such a traumatic year for many. To counteract the unprecedented anxiety of the unknown and fear of becoming ill, we look towards healing both physically and mentally through exercise and meditation. Wellness is now at the centre of everything to do, and that is reflected in fashion.
Key features to this trend are sensual curves and rounded shapes, emphasising motion and sensuality while also instilling a sense of comfort - like a welcome hug. Uncluttered design amid a renewed appreciation for essential and regenerated minimalism is key. Materials used are clean and comfortable, including untreated leathers and organic fibres. Recycled post-consumer plastics are also important.
The colour palette is soothing and effervescent, with an array of off-kilter pastels that are calming without being overly sweet and sugary, while vibrant pops balance the softness and acidity. There are also a series of warm, rich neutrals that ground the palette.
Photos: (Top) Raf Simons SS21 courtesy of Catwalkpictures.com, (bottom) Stella McCartney SS21 courtesy of the brand
Liberate
The final trend, Liberate, is inspired by people’s desire this year to break the barriers holding them back and express themselves in new and powerful ways. It comes as many people look to art as a new way to express and share creativity during lockdown, while beyond that, polarising politics and the powerful BLM movement have pushed people to demand solidarity, equity and justice for all.
This trend breaks free from constructs such as gender norms and bridges the gap between physical and digital worlds through the use of new technologies such as digital design and 3D printing. Designs prioritise punctuality with materials such as nylons, spandex and rayon.
The colour palette is polarised, with energised neon brights, cool, futurist, digital neons, orange-tinted reds and pink-infused shades.
Photos: (Top) Louis Vuitton SS21 courtesy of Filippo Fior / Gorunway.com, (bottom left) Chanel SS21 courtesy of Lucioni - Oberraouch, (bottom right) Burberry SS21 courtesy of the brand
Main article image: H&M Conscious collection, courtesy of the brand
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http://dlvr.it/Rp75W9
Monday, December 21, 2020
Tanya Deans to join as President Of Hanes Australasia
HanesBrands has announced that Tanya Deans is appointed as President of Hanes Australasia, effective February 8, 2021. The company said, Deans, currently group general manager, Bras N Things, succeeds David Bortolussi, who in August announced his departure for another opportunity.
“I am thrilled to name Tanya as the new president of our Australasia business. Tanya brings a clear vision for the future, and I look forward to working with her as we apply her experience and learnings to drive growth across our global organization,” said Steve Bratspies, CEO of HanesBrands in a statement.
Deans will lead 4,400 associates and some of Australia’s most recognized apparel and lifestyle brands, including Bonds, Champion, Bras N Things and Sheridan. She will also be responsible for a rapidly growing e-commerce business and a network of more than 450 stores.
Deans, the company added, has more than 25 years of experience with Hanes Australasia in a range of brand and product leadership roles. She has extensive knowledge of brand strategy, category management, product development and multichannel execution capabilities. Prior to her current role, Deans led the Hanes Australasia Apparel Group brand and marketing efforts. She has also held leadership roles with the Bonds and Berlei brands.
“I am honored to have the opportunity to lead Hanes Australasia. We have an outstanding team, iconic brands and a deep commitment to sustainability,” added Deans.
Picture:HanesBrands newsroom
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http://dlvr.it/Rp3T5N
Nike second quarter revenues increase 9 pecent
Second quarter revenues for Nike, Inc. increased 9 percent to 11.2 billion dollars compared to the prior year, up 7 percent on a currency-neutral basis. The company said in a statement that revenues for the Nike brand were 10.7 billion dollars, an increase of 8 percent to prior year on a currency-neutral basis driven by strong double-digit growth in Nike Direct, as well as growth in sportswear and the Jordan brand, offset by mid single-digit declines in the wholesale business. Revenues for Converse were 476 million, down 4 percent on a currency-neutral basis, as double-digit growth in digital and growth in Asia were more than offset by declines in Europe and North America primarily due to tighter supply and strategic distribution shifts.
“Nike’s strong results during a dynamic environment show the power of staying on the offense,” said John Donahoe, President and CEO, Nike, adding, “Our second quarter revenue performance was impacted by strong Nike brand digital growth of 84 percent, offset by lower revenue in our wholesale business and Nike-owned stores. During the quarter, we experienced temporary door closures in geographies affected by rising Covid-19 cases. We continue to experience year-over-year declines in physical retail traffic in North America, EMEA and APLA due to Covid-19 impacts and safety-related measures, partially offset by higher conversion rates.”
The company added that gross margin decreased 90 basis points to 43.1 percent, net income was 1.3 billion dollars, up 12 percent driven by strong revenue growth and lower selling and administrative expense, slightly offset by lower gross margin, while diluted earnings per share were 78 cents, increasing 11 percent as weighted average common shares outstanding increased slightly.
Picture credit:Nike news
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Liberation and rebirth: 4 trends for Spring/Summer 2022
Global trend forecasting agency Fashion Snoops held a virtual event in late November detailing the key trends that will dominate SS22 fashion and accessories, beauty and wellness, and home decor. The talk touched on the way consumer needs have changed in the past year, particularly during the Covid-19 pandemic, and how brands can navigate and win in the “new normal”. Here is a rundown of the four key trends to keep an eye on.
Rebirth
The first of the trends, Rebirth, draws inspiration from people’s desire in the past year to let go of the weight holding them back and allow room to be reborn. The trend is about looking to nature, connecting to natural cycles, spirituality and indigenous wisdom as a form of escapism from life in lockdown.
This appreciation for nature brings with it a new-found desire to know where our products come from and the processes used to make them. This includes regenerative design using innovative plant-based materials and raw materials such as hemp, flax and vegan leathers. Features include unfinished edges that give a rugged feel, functional attributes like big pockets for a sense of convenient practicality, intricate layered and woven details, and knits and mesh constructions mimicking the irregularities of natural growing foliage.
The trend is dominated by nature-infused colours such as dark browns, refreshing greens and honey oranges.
Photos: (Top left) Stella McCartney SS21 courtesy of the brand, (top right) Marques’Almeida SS21 courtesy of the brand, (middle) H&M Conscious collection courtesy of the brand, (bottom) Adidas Futurecraft Loop courtesy of the brand
Essential
The second trend, Essential, is inspired by consumers’ heightened appreciation this year for the things that really matter in life including community, family and friends. The pandemic has offered us a moment of pause to explore the idea of ‘less is better’ as we rediscover a love for creating our own food and other products.
This is reflected in the trend through handmade and purposed garments made from deadstock or recycled materials, as crafting becomes a type of therapy as we look to reuse what we already have instead of adding to mountains of waste. Materials include linen blends, hand-woven leathers and double weaves, among others. The colour palette again features a lot of natural, raw tones including a nutrient-infused grouping of pinks as well as purples, browns and root green.
Photos (from top to bottom): Dolce & Gabbana SS21 courtesy of Alessandro Lucioni / Gorunway.com, Scotch & Soda/Schueller de Waal courtesy of Scotch and Soda, Terracotta Row courtesy of the brand
Nourish
The third trend, Nourish, is inspired by people’s desire to heal after what has been such a traumatic year for many. To counteract the unprecedented anxiety of the unknown and fear of becoming ill, we look towards healing both physically and mentally through exercise and meditation. Wellness is now at the centre of everything to do, and that is reflected in fashion.
Key features to this trend are sensual curves and rounded shapes, emphasising motion and sensuality while also instilling a sense of comfort - like a welcome hug. Uncluttered design amid a renewed appreciation for essential and regenerated minimalism is key. Materials used are clean and comfortable, including untreated leathers and organic fibres. Recycled post-consumer plastics are also important.
The colour palette is soothing and effervescent, with an array of off-kilter pastels that are calming without being overly sweet and sugary, while vibrant pops balance the softness and acidity. There are also a series of warm, rich neutrals that ground the palette.
Photos: (Top) Raf Simons SS21 courtesy of Catwalkpictures.com, (bottom) Stella McCartney SS21 courtesy of the brand
Liberate
The final trend, Liberate, is inspired by people’s desire this year to break the barriers holding them back and express themselves in new and powerful ways. It comes as many people look to art as a new way to express and share creativity during lockdown, while beyond that, polarising politics and the powerful BLM movement have pushed people to demand solidarity, equity and justice for all.
This trend breaks free from constructs such as gender norms and bridges the gap between physical and digital worlds through the use of new technologies such as digital design and 3D printing. Designs prioritise punctuality with materials such as nylons, spandex and rayon.
The colour palette is polarised, with energised neon brights, cool, futurist, digital neons, orange-tinted reds and pink-infused shades.
Photos: (Top) Louis Vuitton SS21 courtesy of Filippo Fior / Gorunway.com, (bottom left) Chanel SS21 courtesy of Lucioni - Oberraouch, (bottom right) Burberry SS21 courtesy of the brand
Main article image: H&M Conscious collection, courtesy of the brand
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http://dlvr.it/Rp3T2r
Saturday, December 19, 2020
UK fashion sales dive in November
The UK saw a sharp fall in the sales volume of clothing in November compared to the month before, as lockdowns across the four nations hindered retailers' hopes for a pre-Christmas sales rebound.
Clothing retailers were the worst-hit category, with a monthly fall of 19 percent, according to the latest figures from the Office for National Statistics (ONS). Those retailers commented that despite extensive online Black Friday promotions, the closure of non-essential had dragged down sales.
The sector is still struggling to recover from the initial drop in sales experienced immediately after the first set of national lockdown measures, and remains 30.5 percent below February’s level.
Overall, retail sales volumes decreased by 3.8 percent in November compared to October, though they still remained above pre-pandemic levels. The year-on-year growth rate in the volume of retail sales increased by 2.4 percent, with feedback from businesses suggesting that consumers had brought forward Christmas spending.
Online retailing accounted for 31.4 percent of total retailing compared with 28.6 percent in October 2020, with an overall growth of 74.7 percent in the value of sales when compared with November 2019.
Responding to the figures in a statement, Helen Dickinson, the CEO of the British Retail Consortium (BRC), said: “Retail sales growth slowed slightly, as many shops in England were forced to close during the November lockdown. Clothing, footwear and bookshops were all particularly badly affected by the forced closure over the month, including Black Friday, and saw sales drop significantly.
“On the other hand, higher sales from retailers who remained open, bolstered by stronger online and click-and-collect operations, kept growth positive overall in the run-up to Christmas.
“This headline growth figure masks significant challenges for many businesses on high streets across the country, as sales have plummeted and they face the threat of rising costs which they cannot afford. The Government should look to support these businesses through a targeted extension to coronavirus business rates relief or we will see further unnecessary store closures and job losses.”
Photo credit: Rawpixel.com, Pexels
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http://dlvr.it/RnyrKS
Spring/Summer 2021 Womenswear footwear directions
Channelling the season’s core themes of craftsmanship, comfort and sustainability, SS21 footwear reflects the new normal consumer mindset. Artisanal constructions with an eco twist, forward yet functional components and practical yet desirable styles appropriate for changes in lifestyle ensure new season’s designs will appeal to the post-lockdown customer.
Trendstop brings FashionUnited readers the essential women’s footwear trends direct from the international runways for Spring Summer 2021.
The Eco Artisan Sandal
Fusing craftsmanship with eco-considerations, sandals are braided and woven to create intricate constructions for summer. Delicate leather worked straps are joined by plaited raffia and wooden trims, set atop natural leather or espadrille-style soles.
Translucent Layering
Sports footwear gains new interest with translucent layers encasing uppers and soles that are both directional and practical. Sheer mesh fabrics, frosted plastics and jelly-like detachable outer shells, partially reveal intricate layered sneaker constructions below.
The Padded Slide
Renewed consumer focus on comfort and WFH culture, inspires summer sandals that are as comfortable to wear indoors as out. Pillowy, padded straps have an inflated look, surrounding the foot with softness in smooth satin finishes or supple leathers.
Exclusive Offer:
FashionUnited readers can get free access to Trendstop’s Fall Winter 2020-21 Key Formal & Casual Footwear Directions report, featuring all the key trends from the FW20-21 collections. Simply click the banner to receive your free report.
Trendstop.com is one of the world's leading trend forecasting agencies for fashion and creative professionals, renowned for its insightful trend analysis and forecasts. Clients include H&M, Primark, Forever 21, Zalando, Geox, Evisu, Hugo Boss, L'Oreal and MTV.
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