Industry News

Source: www.fibre2fashion.com

British luxury fashion house Burberry has introduced a virtual handbag collection on online gaming platform Roblox. The project is in collaboration with Builder_Boy, one of Roblox community’s digital fashion designers. Inspired from the brand’s classic Lola bag, the exclusive limited-edition Lola range comprises five handbags in experimental designs.

Source: www.fibre2fashion.com

Reliance Retail Limited has entered into a long-term partnership with Gap to bring the US fashion brand to India. Through the franchise agreement, Reliance Retail has become the official retailer for Gap across all channels in India. Reliance Retail will bring Gap’s shopping experience to customers in India, offering the brand’s fashion for men, women, and kids.

Source: www.fibre2fashion.com

Global multi-brand e-retailer Amazon is heavily dependent on two Asian major economies—India and China—for apparel and home textiles. The two countries together account for more than 54 per cent of the total 353 suppliers of apparel to Amazon. Likewise, in home textiles more than half of the suppliers ae from India, while over quarter are from China.

Source: www.fibre2fashion.com

French fashion house Louis Vuitton is the first luxury brand to reach the global Top 10 in Kantar BrandZ Most Valuable Global Brands 2022 ranking, reflecting the growth of the luxury market worldwide and in China in particular. Louis Vuitton experienced 64 per cent growth in brand value this year and is the first European brand to reach the Top 10 since 2010.

Source: www.fibre2fashion.com

JIAM 2022 OSAKA, organised by the Japan Sewing Machinery Manufactures Association (JASMA), is set to be held at Intex Osaka from 30 November to 3 December 2022. An estimated 109 exhibitors from 6 countries and regions will showcase their products bringing state of the art technology and master craftsmanship together.

The theme for the 2022 edition is ‘It all connects at JIAM the forefront of technology and master craftsmanship’.

Source: www.fibre2fashion.com

Researchers from US-based North Carolina State University (NCSU) have found they could filter carbon dioxide (CO2) from air and gas mixtures at promising rates using a proposed new textile-based filter that combines cotton fabric and an enzyme called carbonic anhydrase – one of nature’s tools for speeding chemical reactions.

In addition to testing the filters’ carbon capture rates, they also tested how well the filter would work after five cycles of washing, drying and storing. They found it could maintain a high level of performance.

Source: www.fibre2fashion.com

Since 2013, the international Green Product Award has been honouring outstanding products, services, and concepts that stand out for their good design, innovation, and sustainability. Over 1,500 participants from 52 countries applied for this year’s awards, and Recover was elected as the winner in fashion by an international jury of experienced experts, thanks to its sustainable and cost-effective plug-in-play solution, Recover said in a press release.

Source: www.fibre2fashion.com

Miami Fashion Week (MIAFW), one of the largest fashion events in the US, has returned after a two-year hiatus. The physical event will focus on sustainability and celebrate fashion in an innovative way. The event will be held from May 31 to June 5, 2022, in Miami, Florida.

Source: www.fibre2fashion.com

Ape Mafia Club (AMC), an American tech company founded by Trevor Dyment, and Jake Loffredo join hands to create a function NFT project making strides into 3D projects and Metaverse. AMC will be embracing the internet of things (IoT) and rolling out exclusive smart clothing.

Source: www.fibre2fashion.com

A survey conducted by Accenture of more than 11,000 consumers in 16 countries found that while almost two-thirds (64 per cent) of consumers had already purchased a virtual good or taken part in a virtual experience or service in the past year, that figure is expected to rise, as 83 per cent show interest in making purchases via the metaverse.