In 2023, the apparel industry faced persistent and deepening challenges. On a regional basis, Europe and the US saw slower growth throughout the year, while China's initially strong performance faded in the second half. Though the luxury segment did well initially, it too began to feel the effects of weak demand towards the end of the year, leading to declining sales and uneven performance. Figure: In the US, the luxury sector is forecast to grow by 0 to 2 percent. New Year means new start,

INSIGHTS LFW kicks off today, marking its 40th anniversary. With 66 designers, including emerging talents in the DiscoveryLAB programme and Ukrainian designers, the event showcases London's creative community. New additions include dunhill and Colville, while Dilara Findikoglu and Marques'Almeida return. The CWC offers 500 public events alongside the main schedule. London Fashion Week presented by 1664 Blanc (LFW) February 2024 is scheduled to start today, February 16. It is celebrating 40 ye

In 2023, the apparel industry faced persistent and deepening challenges. On a regional basis, Europe and the US saw slower growth throughout the year, while China's initially strong performance faded in the second half. Though the luxury segment did well initially, it too began to feel the effects of weak demand towards the end of the year, leading to declining sales and uneven performance. Figure: In the US, the luxury sector is forecast to grow by 0 to 2 percent. New Year means new start,

INSIGHTS Michael Kors has appointed JC-T, a prominent Chinese actor and singer, as its brand ambassador for Greater China. Known for his influence in entertainment, JC-T's bold style and presence align with the luxury brand's chic image. He will feature in campaigns and social media collaborations, bringing his dynamic style and enthusiasm to the partnership. Michael Kors, US-based world-renowned designer of luxury accessories and ready-to-wear, is pleased to name Chinese actor and singer JC-

INSIGHTS Marimekko and Uniqlo are launching a limited-edition collection, featuring Uniqlo's winter essentials adorned with Marimekko's iconic prints. This collaboration combines Finnish design and Japanese innovation, offering a range of everyday wear that reflects serene winter landscapes. The partnership aims to provide consumers with comfortable clothing. In a blend of Finnish design and Japanese innovation, Marimekko and Uniqlo have announced the launch of a new limited-edition collabora

INSIGHTS Uniqlo collaborates with the Fashion Institute of Technology's DTech Lab for the RE.Uniqlo X FIT collection. Three fashion design students, Sam Cho, Bridgette Schaeffer, and Nuo Cheng, have created the 11-piece collection. Advertising and digital design students MJ (Minjeong) Park and Andrew Grechko partnered with RE.Uniqlo for the RE.LIVE campaign. Uniqlo has collaborated with the Fashion Institute of Technology’s (FIT) Design and Tech (DTech) Lab to create the RE.Uniqlo X FIT

INSIGHTSThe global luxury market is forecast to hit €1.5 trillion in 2023, growing 8-10 per cent despite economic challenges.Key drivers include increased spending on experiences and robust growth in personal luxury goods.The market faces headwinds but remains resilient, with evolving consumer demographics and a focus on sustainability and technology.The global luxury market is projected to reach a historic high of €1.5 trillion in 2023, according to the latest report by Bain & Company in co

INSIGHTSAlthough US shoppers are feeling better than they were this time last year, general consumer sentiment about the US economy is one of uncertainty, a McKinsey survey found.This year's holiday shopping season started earlier and will last longer than last year's.Just over a quarter of consumers plan to shop online more this season compared with last year.Although shoppers in the United States are feeling better than they were this time last year, general consumer sentiment about th

INSIGHTSSalvatore Ferragamo Group's 9M FY23 revenues declined 8.3 per cent to €844 million.This decrease was influenced by drops in both retail and wholesale channels by 10.2 per cent and 16.6 per cent respectively.While the Asia Pacific, Japan, North America, and Central and South America regions saw reduced sales, EMEA reported a 3.1 per cent growth.Salvatore Ferragamo Group has reported total revenues of €844 million in the first nine months of fiscal 2023 (9M FY23), marking an 8.3 per ce

INSIGHTSTechnology has profoundly impacted fashion design and production, Surabhi Chopra Label's founder told Fibre2Fashion.She emphasised that advancements like 3D design software and sustainable fabrics make the design process more efficient but reduce waste.Colour palettes, fabrics, and silhouettes are vital for creating a harmonious aesthetic.Technology has revolutionised fashion design and production, believes Surabhi Chopra, the founder of the eponymous label, which she established in