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Denimsandjeans.com Bangladesh Back with 7th edition

Come March, Bangladesh is going to witness denim in a new avatar. After the grand success of the 6th edition, Denimsandjeans.com Bangladesh is going to organize the 7th edition of the denim extravaganza in the ballrooms of Hotel Radisson, Dhaka (between March 1-2, 2017), with a fresh new theme – Denim Mashup. If the Vintage Recall theme of last year brought out a warehouse ambience at the show, the youth-centric theme of Denim Mashup will […]

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Retail Bestsellers 2016

The year 2016 was a very difficult one, especially for retail, as consumers struggled to keep their ‘shopping’ mood in place. Weak economies, terrorist attack, political instabilities, Brexit and finally the US presidential elections kept the retail scenario ‘dull’. Though the predictions for the year 2017 are also conservative, there are many factors that could change the scenario and among them is the resilient consumer who likes to shop when happy and also to drive […]

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Consumers prefer casual clothing over formal: Report

Leading companies like Under Armour, HanesBrand, Next, Fast Retailing, L Brands, etc. in fashion and luxury industry generated significant value through expansion in valuation multiples – in general, more than 14 percentage points of TSR, as per the Consumer Value Creators Series 2016 report by The Boston Consulting Group (BCG). While sales growth is still the second-biggest contributor to value creation with an average of 11 percentage points of TSR. The report highlighted the factors […]

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US retailers need to localize their websites: Report

US retail companies need to localize their websites such as localized payments options, merchandising and customer service options for key international markets like the UK, Australia, Mexico and Japan, according to a recent research ‘Localization Report 2016’ by Practicology, eShopWorld and TranslateMedia. The research included 51 US retailers and 25 sites of international markets like the UK, Australia, Japan and Mexico. It assessed their localization efforts in areas like use of language across the site, […]

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ZARA, H&M and Benetton top Detox Catwalk charts

Detox Catwalk is out with the latest Greenpeace International’s report on assessing the efficiency of the world’s major fashion and apparel brands in riding their supply chain of toxic chemicals by 2020, where ZARA, H&M and Benetton have topped the charts. The report looks at how companies are eliminating known hazardous chemicals from their products and manufacturing processes, disclosing pollution information and publishing suppliers’ lists. Kirsten Brodde, Head – Detox My Fashion campaign at Greenpeace […]

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India – A fast-fashion recycling landmine!

Thousands of tonnes of used clothes arrive at the western port of India, Kutch in Gujarat, which is a hub for purchase of second-hand clothes from rich countries which are then resold in the developing countries, after being reprocessed in India. The garments are sorted according to size, out of which the larger sizes are sold for scrap. Only 30 per cent of the garments that arrive are worthy of being resold, as the rest […]

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Romania becoming ‘first choice’ of Turkish fashion retailers

After opening its largest store, which offers casual wear for both men and women, in Romania last week, Turkish fashion retailer Colin’s is now mulling over having 31 more stores in the country by the end of 2018. Alparslan Varol, Country Manager of the company averred, “Colin’s came to the Romanian market directly in 2011, the store in Palas Iasi being the 9th in the country and the largest so far. By the end of […]

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Fashion merchants reluctant to sell online: Riskified

According to a report from US-based payment security vendor Riskified, fashion traders are hesitant in selling products through online medium, particularly beyond domestic borders. This is somehow hampering their profitability in business by not tapping on potential outside markets. “The overcorrection on fraud from a retailer’s perspective, especially for mid-sized and small businesses, means they’re leaving huge market expansion opportunities on the table. They’re told a certain foreign market is risky, so they shut down […]

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