Fashion Business Intelligence | Fashionbi

Time 2020-06-29 19:03:42

Web Name: Fashion Business Intelligence | Fashionbi

WebSite: http://fashionbi.com

ID:14468

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TikTok vs DouyinSocial media marketing is now an essential part of any brand's marketing strategy. In fact, social me...34 pagesGrowth of Fashion Industry In India Being one of the largest countries in the world, India also has a high customer base for retail. The ...39 pagesTechnology in FashionTechnology has been the biggest topic of conversation in every sphere of the industry for over a deca...67 pagesFashion Industry in IndiaIndia has been a manufacturing hub for the textile and apparel industry for years, thanks to its rich...50 pagesGiorgio Armani to use Vection Technologies (VR1) virtual reality softwareGiorgio Armani will use Vection Technologies' (VR1) virtual reality software for its worldwide retail store planning division.With the FrameS real-time software to help with its retail store planning division, it is responsible for the retail site layout and design across all of Armarni's designs. This agreement has the potential to change how architects and designers work. It gives them the ability to design a retail store within an immersive experience.Richemont hires former Givenchy CEO to lead fashion brandsRichemont has confirmed the hiring of Philippe Fortunato, the former CEO of Givenchy.On September 1, Fortunato will be taking the reigns of Richemont’s fashion brands: Chloé, Dunhill, the house left by master couturier Azzedine Alaïa and performancewear label Peter Millar.Versace Releases New Merch for PrideTo celebrate Pride Month, Versace has launched a limited-edition capsule collection for men and women with a portion of sales supporting LGBTQ+ charities.Muji launches its first Sustainable SnackMuji has introduced cricket rice crackers to its expansive lineup of snacks. The new product was made as a sustainable alternative to address the issue of finite resources in today’s exponentially growing world population. Insects have been a popular topic in conversations surrounding the issue, particularly food shortages. Not only have they been implicated to be economically beneficial, but have been proven to yield exceptional nutritional value, like high protein content.Chanel Says Coronavirus Impact Will Affect Luxury Sector for Next Two Years“We anticipate that the external environment will continue to impact the luxury sector negatively for at least the next 18 to 24 months,” says Chanel’s CFO Philippe Blondiaux.Chanel asks Hong Kong employees to resign or take no-pay leaveTo mitigate significant loss of business due to the pandemic, Chanel has offered employees in Hong Kong three options. They can voluntarily resign or take no-pay leave for four months or halve their working hours.Chanel cuts the advertising budgetChanel , which still expects to turn a profit this year, is reducing advertising and promotions by more than a quarter, cutting production and has canceled or transformed some events like fashion shows this year, including by streaming them online.Chanel s first ever digital fashion showChanel plans to launch its Mediterranean-inspired Cruise 2020/21 collection digitally on 8th June.Snapchat partners Topshop on new e-commerce featureAdidas, Topshop and Farfetch are among the big-name fashion brands to have become advertising partners of Snapchat in the UK for its new e-commerce offering designed to “simplify the consumer purchase journey and drive measurable ROI”.Jo Malone London invests in St David’s Cardiff re-fitThe St David’s Partnership, owners of St David’s in Cardiff, one of the UK’s premier retail and leisure destinations, has announced the launch of a revamped store for the globally renowned perfumer, Jo Malone London, within the centre.

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