11 February 2022, Mumbai:

Fashion companies chose to hire CEOs with deep sector knowledge and leadership experience in 2021, as they sought to create a strong platform for growth and digital transformation.

Fashion’s Newest CEOs, the annual report, published with an eye to what to expect in 2022, analyzes all the major hires in the sector. It highlights the broadly conservative choices businesses have made when changing leadership in 2021.

Furthermore, the appointments have been predominantly male and have, in the majority of cases, operational experience, as opposed to design or marketing.

Says Joaquín Villalba, Chief Executive of Nextail, which produces the report: “If an incoming CEO already has a depth of knowledge and experience, they can sort the basics out quickly before moving on to the rest of the business.

With omnichannel, the new normal, and there being a pressing need to improve systems to reduce waste, companies need to evaluate their use of data and bring the digital into the heart of their operations.” Interestingly, the luxury market was particularly active in bringing in new CEOs, with an 80% YoY growth in appointments and accounting for close to 20% of the total.

The most notable aspects are the replacement of two of the most long-serving leaders - Andrea Panconesi at LuisaViaRoma and Alain Wertheimer at Chanel - as well as the new arrivals at sector leaders Burberry and Michael Kors, and Capri Holdings.

ALSO READ: Ron Faris, the head of Nike's SNKRS, will lead the new Virtual Studios

About the report

To produce the report, Nextail collected publicly available information on executives announced to be joining fashion companies as CEO in 2021 and their predecessors.

About Nextail

Nextail is a platform of end-to-end inventory management solutions that delivers customer- centric, data-driven decisions so that brands and retailers can sell more with less stock.

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08 February 2022, Mumbai:

NIFT Delhi, a leading fashion technology institute, has achieved yet another milestone. The NIFT Delhi-developed Intelligent Skill Mapping and Rating Technology (i-SMART) has been named one of the top six winners of the STITCH for RMG Innovation Challenge, which was organized by BRAC in collaboration with the H&M Foundation and The Asia Foundation.

H&M Foundation has awarded i-SMART a $30,000 incubation grant for piloting i-SMART in Bangladesh and growing the global business.

"We are just at a loss for words to convey our thanks to all the stakeholders who believed in our solution, and are part of our decade-long journey," said Dr. Prabir Jana, Professor, NIFT Delhi, in a LinkedIn post.

We'll get back to you with further information as soon as possible." It's worth noting that i-SMART technology is credited with upsetting the present sewing machine operators' evaluation system, which is mostly based on quality and output rate.

The STITCH for RMG is notable for driving innovations to better the livelihoods of women workers in Bangladesh's ready-made garments sector and improve factory performance.

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*Figures mentioned in the above article have been sourced from Apparel Resources article. 

10 February 2022, Mumbai:

Contemporary womenswear show Scoop x Pure closed its doors today celebrating a highly successful first day at Truman Brewery. Showcasing in London until Thursday 10th February, Scoop x Pure welcomed buyers from across the country to preview exclusive collections from a hand-picked edit of emerging and international designers.

Karen Radley, Creative Director of Scoop x Pure commented on the success of day one; “I am thrilled at the number of inspiring and new collections at the show. We have had such a wonderful opening day with really great feedback from exhibitors and visitors.”

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The Autumn Winter edition includes the very best premium and ready-to-wear womenswear and accessory collections from designers such as Quinton Chadwick, Karen Mabon, Karl Donoghue, BRGN, Karl Donoghue, Feri, Louise Hendricks, Primrose Park, Lemon Jelly, Copenhagen Studio, and Supa Snug, as well as a host of new faces including Gee Gee, Lam, Freedom Moses, Blanca Pukara, Mou, Norr Copenhagen, Young Poets Society, Smith and Goat, Neon Denim Brand, Esmé Studios, and Thinking Mu.

Deryane Tadd owner of The Dressing Room commented ‘There is a great buzz and atmosphere at the show. It is really busy which is nice to see.

It is really great to reconnect with people again.’ Paula Deza, Co-Founder and Brand Director, Blanca Pukara, ‘We were very busy this morning and saw a lot of people, we’ve have had a lot of interest from buyers. This is our first time at the show and I really like the venue and the atmosphere’.

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08 February 2022, Mumbai:

From India to the United States, Japan, Italy, and France, Bemberg™ is back in Paris to celebrate its 90th anniversary through its latest collections, premium partnerships with contemporary brands such as ECOALF, and a brand new visual identity. 

At Première Vision, Bemberg™ by Asahi Kasei celebrates its enduring, 90 years-long commitment to style and innovation that includes responsibility that conquered leading international brands across Planet Fashion.

The industry-leading textile fair will represent another pivotal occasion for Bemberg™ to showcase its latest claim “Crafted Elegance”, which perfectly embodies its values of preciousness, quality and refined aesthetic blended with innovation and responsible values.

“Première Vision is an extremely important chapter of our ongoing journey through style celebrating 9 decades of responsible fashion-making.” Says Mr. Koji Hamada, CEO of Asahi Kasei Fibers Italia.

“At our booth [Pav 4, Booth E34] visitors can glimpse the link between past and present, our values and chromosomes for the fashion to come.”

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10 February 2022, Mumbai:

A number of designers have expressed their support for the continuation of this collaborative, multi-media format as the upcoming combined edition of FDCI and Lakmé Fashion Week approaches.

Due to the continuing epidemic and the reaction to the last iteration, the Fashion Design Council of India stated on its Facebook page that the forthcoming edition of FDCI x Lakmé Fashion Week would once again involve a combination of online and offline activities.

Several designers slated to participate in the fashion week were contacted by the fashion industry organization to inquire how they felt about the combined format.

ALSO READ: FDCI extends deadline for Circular Design Challenge

"I feel that a united fashion week gives designers and their garments more momentum than fragmented fashion shows and fashion weeks," designer Neeta Lulla told the FDCI on Facebook.

"Having a single fashion week is a fantastic concept, especially when two great businesses come together and pool their resources for the benefit of everyone in the industry," said designer Manoviraj Khosla. "When you have strengths like FDCI and Lakmé Fashion Week coming together, it becomes a superpower," designer Kunal Rawal remarked. 

Designers Amit Aggarwal, Namrata Joshipura, Nitin Bal Chauhan, Payal Jain, and Shantanu and Nikhil, as well as model Lakshmi Rana, spoke in the FDCI's first 'FDCInsights 3.0' online conversation on January 27.

The panelists debated the question "Will fashion videos take a backseat if physical displays take center stage?" and gave their perspectives during the event, which was aired live on the FDCI website.

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*Figures mentioned in the above article have been sourced from Fashion Network article. 

08 February 2022, Mumbai:

Revolutionary US-based haircare model K18 has marked its India entry this month, following an outstanding launch throughout salons in the US and Europe. 

Bringing Biomimetic Hairscience to haircare with breakthrough expertise, the extremely researched formulation is confirmed to revive the injury in simply 4-minutes by rebuilding keratin in the hair for fast outcomes.

K18 ventures into the Indian subcontinent in partnership with Mk Exim India Limited.

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*Figures mentioned in the above article have been sourced from Beauty News UK article. 

08 February 2022, Mumbai:

The Italian fashion house Renato Balestra, known for its couture and signature painterly embroidery, is unveiling a complete rebrand during Milan Fashion Week later this month, with a presentation to showcase its first ready-to-wear collection.

The storied couture Renato Balestra brand, said in a statement that it is launching a “whole new phase in its long history,” and that it would simply be renamed with the designer’s last name, as Balestra.

The move is to reflect what it calls “an important generational shift,” within the fashion house leading to a whole new design era, as the label is currently led exclusively by women.

The founder’s daughters Fabiana and Federica Balestra are at the head of the historical fashion house, while his granddaughter Sofia Bertolli Balestra is steering research, design and brand identity.

Federica Balestra said in a statement: “Balestra is strength, boldness and pride. This is a return to beauty and freedom.”

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*Figures mentioned in the above article have been sourced from News Every Thing article.