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PLI schemes are deemed unnecessary for leather shoes and handicrafts, according to India’s GTRI.

PLI schemes are deemed unnecessary for leather shoes and handicrafts, according to India’s GTRI.

by Fashion Value Chain | May 24, 2023 | Fashion Updates, Leather, Lifestyle & Travel

-By Ankita Dutta. Ajay Srivastava, founder of the Global Trade Research Initiative (GTRI), has advised the Indian government not to introduce production-linked incentive (PLI) schemes for small sectors such as leather shoes and handicrafts. Srivastava believes that...
The sales of M&S are still increasing as their clothing line remains robust.

The sales of M&S are still increasing as their clothing line remains robust.

by Fashion Value Chain | May 24, 2023 | Fashion Updates, Industry Updates

-By Ankita Dutta. Marks & Spencer (M&S) has reported higher sales and headline profits in its full-year results, indicating the strength of its turnaround. Group statutory revenue increased by 9.6% to £11.93bn, with group sales rising 9.9% to £11.98bn. The UK...
The $1,000 ‘Lazy Luxury Sneakers’ embody the Stealth Wealth Movement’s principles of inconspicuous luxury.

The $1,000 ‘Lazy Luxury Sneakers’ embody the Stealth Wealth Movement’s principles of inconspicuous luxury.

by Fashion Value Chain | May 24, 2023 | Fashion Updates, luxury

-By Ankita Dutta. In the fashion world, two distinct trends are currently making waves, namely “quiet luxury” and “lazy luxury.” Quiet luxury is a minimalist approach to dressing, where personal style takes priority over designer labels. This...
By 2024, Walpole estimates that London’s luxury market could expand to £28-30 billion.

By 2024, Walpole estimates that London’s luxury market could expand to £28-30 billion.

by Fashion Value Chain | May 24, 2023 | Fashion Updates, luxury

-By Ankita Dutta The luxury sector in London could be worth between £28-30 billion by 2024, providing valuable employment opportunities for luxury manufacturers and suppliers across the UK, according to Walpole, the official sector body for luxury. The results of the...
The spotlight will be on fast fashion at Sydney’s Global Sourcing Expo 2023.

The spotlight will be on fast fashion at Sydney’s Global Sourcing Expo 2023.

by Fashion Value Chain | May 24, 2023 | Fashion Accessories, Fashion Updates, Sustainability

-By Ankita Dutta. The National Clothing Product Stewardship Scheme, an initiative to promote sustainable fashion, will be featured at the Global Sourcing Expo at the International Convention Centre in Sydney from July 11-13, 2023. The scheme, developed by the...
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