New York State announces grants for textile innovation
Start-Ups, Small Businesses, Farmers and Researchers Can Apply for up to $10,000 in Funding To Develop Fiber-Related Projects and Technologies Starting September 15
New York’s...
Under Armour Faces Challenges Amid Stock Decline and Revised Financial Forecast
The Apparel Digest Report Analysis
The major sports gear manufacturer, Under Armour, is now going through a period of extensive reorganization, which has resulted in...
NEOLAST™: An sustainable alternative to traditional spandex
Under Armour, in collaboration with Celanese, has launched NEOLAST™, a groundbreaking alternative to traditional spandex. This innovative fiber is crafted from recyclable elastoester polymers...
Luxury market faces significant challenges in 2024, HSBC report reveals
Key Insights:
2024 Growth Cut: HSBC lowered luxury sector growth forecast to 2.8% from 5.5%, marking it the 6th-worst year in 20 years.
Divergent Results: Prada is expected to grow 21% in Q3 2024, while Gucci and Burberry face...
Transparency in fashion industry
Rafiad Ruhi
In recent years, the fashion industry, which is one of the most dynamic and expansive sectors in the world, has been subjected to...
Developing a luxury apparel brand: Key strategies, case study, & market analysis
Introduction
The luxury apparel industry has always been a symbol of exclusivity, craftsmanship, and status. As global consumer preferences shift toward sustainability and individuality, the...
