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Tag: forever 21

  • Denim News Snippets – Week 50

    Denim News Snippets – Week 50

    Continuing our weekly news snippets, here are some interesting ones for Week 50.

    COTTON PRODUCTION LIKELY TO GROW OVER 350 LAKH BALES, AS PER INDIAN COTTON FEDERATION

    cotton

    The Indian Cotton Federation (ICF) predicts that India’s cotton production would exceed 350 lakh bales during the cotton season 2021-22 (October to September). According to J.Thulasidharan, President, ICF , the rise in the minimum support price (MSP) has encouraged farmers and helped preserve the area under cotton. It has also encouraged farmers to implement improved crop management methods. Simultaneously, demand for exports was strong as well. At the Federation’s annual meeting, the office-bearers elected new officers, including  J. Thulasidharan (President), P. Natraj and Adhitya Krishna Pathy (Vice-Presidents), and Nishant Asher (Secretary).

    J. Thulasidharan also emphasised the need of addressing concerns such as fibre quality, correct grading, improved seed, and measures to achieve higher output. He went on to say that the next revolution will only come through increased yield. With the appropriate measures, Indian farmers may achieve a 1,000 kg output, which should be a priority for all stakeholders.

    LEE JEANS LAUNCHES THEIR NEW VIRTUAL STORE

    Lee

    Lee Jeans has unveiled its first virtual store, allowing buyers to visit its Europe flagship in Antwerp and learn more about the brand’s ‘For A World That Works’ (FWTW) sustainability initiative. Consumers may browse an interactive three-dimensional retail area, exploring things in a store setting before effortlessly adding purchases to their purchasing basket, in the virtual store. The goal of digital shopping is to offer a real-world experience without the stress that often comes with in-person purchasing. The immersive experience also allows Lee to highlight its FWTW sustainability platform through a series of interactive buttons and movies that highlight innovations and activities geared to lessen the effect on people and the environment.

    The virtual store’s navigation has been developed to allow consumers to come in from the street, enter the store, and browse products such as men’s and women’s clothing, as well as the exclusive Lee 101 collection. The virtual store is accessible via the Lee Jeans’ website and social media platforms.

    PVH AND ECOVATIVE COLLABORATE ON A SUSTAINABLE FASHION COOPERATIVE

    Ecovative

    Ecovative has formed an international sustainable fashion cooperative with Bestseller and PVH Corp.  Both Bestseller and PVH Corp. will get first access to Ecovative’s mycelium technologies and will collaborate with the company on the development of mycelium materials for goods and consumer applications. Ecovative has been generating mycelium for a variety of partners across the world, and will offer ForagerT Hides, an alternative leather material, in 2021.

    Ecovative’s mycelium produces a ready-to-finish product that is free of plastic scrims and petroleum-based coatings. It is totally comprised of bio-based materials. Designers from Bestseller and PVH Corp., as well as Ecovative’s engineers, will collaborate with Fashion for Good Cooperative members to create, build, and test a research and development plan. Together, the cooperative will develop mycelium materials for the consumer market. “Working directly with fashion brands and tanneries, we make beautiful, high-performing and sustainable materials without harming animals or the planet,” said Gavin McIntyre, Ecovative co-founder and chief business officer.

    PATAGONIA TO DONATE PROCEEDS FROM BLACK FRIDAY SALES FOR THE PLANET

    Patagonia

    US-based clothing brand, Patagonia, received an amazing $10 million in Black Friday sales, five above its own expectations, and will donate every penny to help save the environment as pledged. The high-end outdoor apparel and gear retailer revealed the record-breaking haul, stating that its customers’ “enormous passion” for the environment will benefit hundreds of grassroots environmental organizations worldwide. According to corporate spokeswoman Corley Kenna, the idea for the “fundraiser for the world” originated during an internal brainstorming gathering following the U.S. presidential election. Patagonia was looking for a means to raise awareness about the importance of the environment and climate change.

    According to a press release, the funds earned via Patagonia’s Black Friday campaign will benefit grassroots environmental groups, many of which are small, underfunded, and off the radar, who are “working on the front lines to safeguard our air, water, and land for future generations.”

    FOREVER 21 ENTERS METAVERSE WITH ROBLOX TO CREATE VIRTUAL FASHION STORES

    Forever 21

    Forever 21 collaborated with Roblox to create a digital experience. Users will be able to develop, own, and operate their own own business within the game, dubbed the Forever 21 Shop City. Clothing and accessories from Forever 21 will be available for purchase. As players strive to become the top store in the experience, they may hire non-player characters as employees. The experience is a community-focused game that will be accompanied by a number of partnerships. Roblox users @Builder Boy, @Beeism, @OceanOrbsRBX, and @JazzyX3 have collaborated to design an unique apparel collection for Forever 21 Shop City.

    The shop will also have stores developed specifically by influencers such as KrystinPlays, Shaylo, and the Sopo Squad. Builders can choose and swap their locations anywhere in the game, perform tasks like stocking inventory and assisting customers, customise the interior, obtain merchandise that Forever 21 has released in its physical stores, and use architectural themes like cottage core and cyber punk for their stores. Obstacle courses, entertainment, a food court, and a yellow carpet will be available in Forever 21 Shop City’s four themed districts.

    MARKS & SPENCER APPOINTS DIGITAL PRODUCT CHIEF TO BOOST ITS OMNICHANNEL OPERATIONS

    Marks & Spencers

    Krista Nordlund, Marks & Spencer’s first chief digital product officer, has been appointed to strengthen the company’s digital capabilities. Nordlund is presently the chief product officer of RentPath, a digital rental marketplace in the United States that she joined in 2016. Her CV also includes posts at consumer-facing companies such as USA Today, Expedia, and US Airways. She will join M&S in January and will be responsible for developing improvements to the company’s app and website in order to improve the consumer experience across all digital touchpoints.

    M&S has been undergoing a digital transition in recent years, with the goal of putting digital first rather than just seeing it as an extension of its physical operations. According to the company, this concentration has resulted in tremendous digital growth, as indicated by a 50% rise in app users by 2021. It currently has 14 million members in its redesigned Sparks loyalty programme.

    “It’s a great time to be joining M&S as increasing numbers turn to online shopping and the business builds its omnichannel offering. I see a huge opportunity to support the next phase of our transformation by taking the digital experiences we offer customers to the next level.” said Nordlund on her appointment.

  • Denim News Snippets – Week 49

    Denim News Snippets – Week 49

    Continuing our weekly news snippets, here are some interesting ones for Week 49

    BETTER COTTON ALL SET TO REDUCE GHG EMISSIONS 50% BY 2030

    Better Cotton

    World’s largest cotton certifier, Better Cotton has established a target of cutting its cotton’s overall greenhouse gas emissions per ton by half. Better Cotton has sought to make cotton production more sustainable across the world since its foundation in 2009. It has taught over 2.5 million farmers worldwide and raised 99 million euros since 2010, with that figure expected to rise to 125 million euros by the 2021-22 season.

    According to recent research, Better Cotton manufacturing has a 19% lower GHG emissions intensity per ton of lint than production in China, India, Pakistan, Tajikistan, and Turkey. Better Cotton expects to release four further objectives in 2022, with the target’s deadline set for 2030, based on a 2017 baseline. Soil health, pesticide usage, smallholder livelihoods, and women’s empowerment are all addressed. “This is a pledge for Better Cotton farmers and a stake in the ground for the global cotton sector. Nearly a quarter of the world’s cotton is currently produced under the Better Cotton Standard. We aim to at least double that by 2030.” said CEO of Better Cotton, Alan McClay.

    KONTOOR BRANDS ANNOUNCES ITS 2020 SUSTAINABILITY REPORT

    Kontoor

    Kontoor Brands has presented its sustainability report for 2020. The business, which owns the brands’ Wrangler and Lee, has been devoted to improving its sustainability goal, with this being its second report in the two years since it went public. According to the report, Kontoor has cut its water use by more than 8 billion liters since 2008, and it is on track to save 10 billion liters by 2025.

    Kontoor has also obtained 50% of its cotton responsibly, with the goal of utilizing 100% sustainably sourced cotton by 2025. The report also stated that Kontoor is on pace to employ 100 percent preferred chemistry by 2025 and plans to establish a climate target for carbon emissions in 2022. The business emphasized the social aspect of sustainability by establishing community development projects in Bangladeshi factories. The brand has also worked with the Herproject of Business for Social Responsibility, which aims to enhance access to healthcare for Bangladeshi textile workers.

    TENCEL COLLABORATES WITH MORE THAN 40 BRANDS TO REDUCE CARBON EMISSIONS

    Tencel

     Sustainable textile manufacturer Tencel has teamed up with over 40 brands, celebrities, and NGOs to launch the #MakeItFeelRight effort to decrease carbon emissions. The movement’s goal is to contribute to the worldwide reforestation effort in order to help rescue the earth, and it has already received over 7,500 pledges. Each commitment results in the planting of a tree.

    Sustainable campaigners including Xenia Adonts, Lily Cole, and Chen Ai Ling, as well as businesses like Boyish, Reformation, and Lavender Hill, have endorsed Tencel. The brand also collaborated with artist Bodil Jane to produce promotional artwork, which was subsequently featured on the campaign’s website. “Carbon emissions are a global problem and as such must have global solutions. As a partner of the #MakeItFeelRight campaign we strongly believe that Tencel’s sustainability initiatives, which are enabled by brands and driven by consumers, are a great way to make a positive impact through reforestation,” said Diana Chaplin of One Tree Planted.

    INDITEX, ZARA’S OWNER, REVEALS RECORD Q3 SALES AND PROFITS

    zara

    Zara’s parent company stated record sales and earnings in the 3rd quarter of the year as it recovers from the pandemic. Inditex’s sales in the three months to October 31 were 21% higher than a year ago at constant currency and 10% higher than in 2019. According to the Spanish company, retail and online sales climbed by 33% between November 1 and December 10, 2020, and 10% between November 1 and December 10, 2019. The growth in sales aided the group’s 273 percent gain in net profit to 1.23 billion euros in the third quarter. Meanwhile, online sales increased by 124% in constant currency compared to 2019. According to the group, internet sales would make for more than 25% of total sales in FY2021. “Sales are returning to normal levels, and online sales continue to expand,” the business said of its present finances.

    J.C. PENNEY WELCOMES THE EXPANSION OF FOREVER 21 TO 100 STORES

    Forever 21

    The addition of Forever 21 to JCPenney’s brand portfolio has been announced. The brand will be sold at 100 JCPenney shops around the United States, as well as on the retailer’s website. JCPenney’s reputation as a retailer for teenagers and adults will be strengthened by this action. The introduction of Forever 21 at JCPenney is being supported with a 360-degree marketing effort that includes in-store, e-commerce, social media, and direct mail advertising. The style of Forever 21 is inspired by the West Coast, with neutral and trendy aesthetics interwoven into its design. “Forever 21 and JCPenney share a mission to make the latest trends accessible to all while inspiring unique style and confidence. The addition of this brand to our portfolio rounds out our Young Minded assortment and brings an exciting new element of in-the-moment fashion,” said Michelle Wlazlo, executive vice president and chief merchandising officer at JCPenney.

    H&M’S SALES UP BY 11% IN Q4 AS DEMAND SURGES

    H&M

    In local currencies, net sales at H&M Group climbed by 11% in the fourth quarter of 2021 compared to the same period the previous year. In local currency, the company’s net revenues climbed by 12% for the fiscal year 2021, according to a statement. Net sales climbed by 8% to 56,813 million Swedish krona in the fourth quarter, and by 6% to 198,967 million Swedish krona for the entire year when converted to SEK. Despite persistent limitations and the pandemic’s negative impacts, the H&M group’s earnings in local currencies were up to the same level as in the fourth quarter of 2019. Around 100 stores were temporarily shut at the start of the quarter, mostly in Southeast Asia. Around 115 stores were mostly closed at the end of the quarter, predominantly in Austria and Slovakia.