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  • Luxury fashion house Louis Vuitton is the new owner of a very important diamond: the Sewelo. According to the New York Times, the Sewelo diamond — which weighs 1,758 carats and is the largest diamond, discovered since 1905 — the label’s new purchase signifies a shift in the high-end jewelry market.The purchase follows the16 billion USD acquisition of Tiffany by LVMH, the French parent company of Louis Vuitton—hinting at plans to lead the jewelry industry. However, with a fashion label investing
  • If there is any rejoicing to be had in the world of retail, Boohoo’s stellar performance would be it.The online retailer has reported a surge in sales and impressive revenue growth across geographic regions and across all brands.Nigel Frith, a senior market analyst at www.asktraders.com said: “Boohoo’s outstanding performance comes at a time when consumer confidence is historically low and retail sales are weak. Whilst the UK High Street is experiencing harsh conditions, this purely online retai
  • German fashion giant Zalando has announced a new partnership with Global Fashion Agenda, a leadership forum for industry collaboration on fashion sustainability.The online retailer is joining the forum as an associate partner along with TAL Apparel and VF Corporation.The partnership comes as part of Zalando’s 'do.More' sustainability strategy. In October, the German retailerannounced a number of new initiativesincluding a commitment to carbon neutrality across its own businesses, deliver
  • Dutch luxury fashion house Viktor & Rolf is relaunching a menswear collection five years after closing its ready-to-wear business.The collection, called Mister Mister, is a playful take on formalwear and an extension of the personal style of the house’s founders Viktor Horsting and Rolf Snoeren. The intimate collection of around 130 pieces mixes sharp tailoring with casual wear and features a myriad of textured patchworks and prints.“The collection embraces the modern dandy as a form of self
  • Guess, Inc. has revealed the face of its latest campaign: Jennifer Lopez. The multifaceted cultural icon returns to the company for the Spring 2020 advertising campaign of Guess and Marciano worldwide.“Whenever I do a collaboration, I always think of a character that I can play and be and we had a lot of fun doing that with this campaign,” Lopez shared in a statement. “The vibe this time was a mix between an Italian film star from the ‘60s, mixed with Madonna from the ‘80s, mixed with Sofia Lore
  • Cegid, a retail software vendor, has announced the launch of a distributed order management (DOM) solution. The software will help retailers find the best stock location to ship from while optimising the logistics costs and limiting the carbon footprint, whether ordered online, or picked up in a store, and getting products to customers faster.Pic: CegidWith increasing numbers of people ordering online and expectations rising for the speed of delivery of goods – from a few days to now approaching
  • The Leather Industries of America (LIA) and the US Hide, Skin and Leather Association (USHSLA) joined hands to launch on January 1 the Leather and Hide Council of America (LHCA), a new, stronger industry association for the US leather sector that combines the membership, expertise and resources of the two organisations.Pic: United States Hide, Skin and Leather AssociationWith the formation of Washington, DC-based LHCA, the US leather industry is better positioned to be a leader in the global lea
  • South Korean lifestyle brand Mumuso recently announced its plans to aggressively expand across India. It is also looking for potential franchises to set up new stores. The brand launched more than 30 stores in the last one year—more than two stores per month. It has also expanded its categories and plans to enter food and beverage (F&B) section soon.Pic: MumusoMumuso India director Manoj Agarwal said the company’s expansion strategy is to set up outlets all over India along with entering the
  • The American Apparel & Footwear Association (AAFA) recently testified in opposition to new proposed US tariffs on imports from France to resolve an unrelated dispute on digital services. AAFA senior vice president for policy Nate Herman testified that the United States is targeting imports of handbags from France in a dispute over a digital services tax.Pic: ShutterstockAAFA member companies source and sell handbags made in France to US consumers. Over 99 per cent of all handbags sold in the
  • Talk during London Fashion Week Men’s schedule may have been about the lack of big-name designers, the sparse schedule, and how long the event can stay separate, however, one thing everyone could agree on was that the menswear talent in London is still strong, with smaller designers really taking their moment to shine with their autumn/winter 2020 collections.Five emerging designers to shine during London Fashion Week Men’sFeng Chen WangA talent that had editors and buyers excited was Feng Chen
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