A new study reveals that the fashion industry adds US $ 383 billion annually to the European Union’s GDP—accounting for nearly 2% of the region’s total economic output—while driving employment, boosting trade and fostering innovation and economic growth across Europe.
Business News
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The Aditya Birla Group is projecting that four of its key lifestyle labels—Louis Philippe, Van Heusen, Allen Solly and Peter England—could each cross the billion-dollar revenue threshold within the next ten years.
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LVMH established the Group's first-ever industrial and Craftsmanship Director Ludovic Pauchard to lead production strategy and operations across the Group. He will also be serving as Executive President of Métiers d'Arts, which manages artisanal and raw material partnerships.
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Clarks has only to work in tandem with Metro Brands Limited to re-join the Indian market and launch into South Asia, and acquired full retail and digital rights for Clarks in India and the surrounding geographies for such a partnership.
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Duer, a Vancouver-based performance apparel brand that equally prioritizes style, comfort, and functionality in the use of natural fabrics. The company was founded in 2013 and distributes its products through retail partners, branded stores, and direct-to-consumer, worldwide.
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Post the taking back of licenses for Calvin Klein and Tommy Hilfiger’s women’s wholesale in North America by the PVH Corp, its licensing partner G-III Apparel Group filed a US $ 250 million case citing loss of business and a breach of contract.
