How to crack India’s multibillion-dollar fashion market

How to crack India’s multibillion-dollar fashion market – Brands from Uniqlo to Ralph Lauren are entering the lucrative Indian fashion market, which will be worth an estimated $60 billion by 2022.
There are complexities to navigate, including local brand loyalty and region-specific consumer tastes.
Many brands partner with Indian designers and logistics partners to resonate with customers. … More How to crack India’s multibillion-dollar fashion market

Start-ups are developing plant-based alternatives to silk

Start-ups are developing plant-based alternatives to silk – Awareness of silk’s harmful impact on the environment, workers and moths is on the rise.
Labels including Stella McCartney, Maggie Marilyn and H&M are substituting silk with plant-based versions that mimic the feel and drape of silk.
Some early-stage firms are looking to partner with fashion houses to develop recycled silk. … More Start-ups are developing plant-based alternatives to silk

Prada is first in industry to sign sustainability-linked loan

Prada is first in industry to sign sustainability-linked loan – Prada S.P.A on November 5, 2019 said it had inked a EUR 50 million, 5-year sustainability term loan with Crédit Agricole Group. The agreement allows for the interest rates to be adjusted annually, if certain sustainability targets are achieved. … More Prada is first in industry to sign sustainability-linked loan

Millennials are falling in love with Galeries Lafayette

Millennials are falling in love with Galeries Lafayette Galeries – Lafayette Champs-Élysées has drawn a fashion-forward French crowd to a tourist-heavy neighbourhood with exclusive product drops and cultural events.
The retailer is the sole French bricks-and-mortar location for many cult designers and direct-to-consumer brands. … More Millennials are falling in love with Galeries Lafayette

Cartier’s Owner lacks polish for a Tiffany Counterbid

Weak first-half profits suggest Swiss jeweller Richemont has its hands full fixing its existing brands. By guest author Carol Ryan from Wall Street Journal Tiffany &Co. TIF 0.54% ’s board, currently sizing up a takeover approach from LVMH Moët Hennessy Louis Vuitton, LVMUY 0.04% can probably rule out a counterbid from the owner of the … More Cartier’s Owner lacks polish for a Tiffany Counterbid