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Cornish fashion brand Celtic and Co., which sell luxury products made from all-natural fibres, has reported a ten-fold increase in profits during their last financial year due to its what it is calling an “international sales boom”. The fashion and lifestyle label, which sells sheepskin boots and slippers, […]

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Because throwing away would be a waste, German outdoor outfitter Vaude recently launched its Upcycling Community: a marketplace that facilitates the exchange between creatives and "resource producers" who want to jointly develop new recycling options for raw materials. The project is funded by the German […]

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VF Corporation is separating its business into two independent, publicly traded companies. The first one, which will keep the name VF Corporation, is to focus on footwear and apparel, while the second one, yet to be named, will focus on the denim and outlet categories. VF expects to create these two […]

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Fans of Crocs’ plastic clogs went on a social media frenzy, after the American brand announced the closure of its last owned manufacturing facilities in Mexico and Italy. "In connection with ongoing efforts to simplify the business and improve profitability, during the second quarter, the company closed […]

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Raymond’s Q1 sales growth was subdued with a high base effect. However, margins improved with low ad spend and other cost control initiatives and a noticeable turnaround in the branded apparel segment. Due to a steep rise in raw material (cotton and wool) prices, margins in this segment may remain under […]

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ANALYSISNew York - Danish jewellery maker Pandora opened its namesake’s box last week when it warned that full-year sales will be lower than expected, tanking the stock to historical lows. The Danish company expects sales will increase by between 4-7 percent this year, compared with the 7-10 percent […]

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ANALYSISNew York – Consumers’ habits have changed dramatically since the economic recession hit a decade ago. Online shopping has become the new normal, while more and more consumers turn into savvy thrifters. The result? Second-hand apparel sales are estimated to surpass 40 billion dollars by 2022. […]

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INTERVIEW Last month, Burberry came under fire after its annual report revealed the company burned 28.6 million pounds (36.7 million US dollars) worth of unsold goods in 2017 -- a desperate measure to avoid markdowns, which would hurt the brand’s image of exclusivity. But the British luxury label is […]

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StalkBuyLove a fashion e-tailing platform for women founded in 2013 has seen a two-fold rise in operational revenues. However, gross expenses rose nearly three-fold. Consequently, losses have widened. The start-up sells curated women’s clothing and accessories. The company, which sells only its in-house […]

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Overproduction, over-consumption - nowhere else does wastefulness rear its ugly head as much as in the fashion industry: thanks to fast fashion, more clothing floods the market at ever cheaper prices; garments are not valued anymore and either not worn at all or worn and thrown. This leads to 2.5 billion […]

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