GlobalData Archives - Inside Retail Singapore
The recent launch of two new apparel manufacturing start-ups catering to small and medium-sized fashion businesses signals a growing demand for low minimum order quantities, says GlobalData.
Efforts to eliminate animal fur in fashion continue to accelerate as cities and even US states are joining brands and retailers in banning its use.
The increasing number of clothing-swap and take-back schemes being implemented by retailers could signify that a change in consumer attitudes about sustainability in fashion is finally occurring.
While the on-going US-China trade war has highlighted the need to diversify clothing and footwear sourcing, this is no easy task given China’s dominance of apparel supply chains.
UK fashion house Ted Baker has slumped into the red in the first half of the year, its position not helped by a 15.2-per-cent fall in sales in Asia.
Struggling lifestyle-fashion label Superdry has reported a loss of £85.4 million, a sharp turnaround after the £65.3 million profit of the prior year.
Superdry’s sales fell further in the latest quarter as its co-founder retakes control of a retailer “struggling to remain relevant”.
Tiffany & Co sales grew 10 per cent worldwide in the third quarter, with China performing strongly.
Lingerie brand Victoria’s Secret needs to reinvent itself, says retail analyst Neil Saunders.
The sudden departure of J Crew CEO Jim Brett worrying as it leaves the company leaderless at a time it desperately needs focus.
Michael Kors sales grew 9.3 per cent to US$1.25 billion during the second quarter – but the figures were flattered by new acquisitions.
Fast-food chain McDonald’s has logged its 13th consecutive month of positive same-store sales during the third quarter.