January’s retail and consumer spending was sluggish with fashion not on Britons’ priority lists despite the many discounts on offer, two reports from Barclays and the BRC-KPMG showed on Tuesday. Photo: Pexels Because the two reports are based on different criteria — for Barclays it’s consumer spending via payment cards and for the BRC it’s [...]read moreUK January spending is weak, clothing dips despite clearance sales
China exported the equivalent of 293.6 billion dollars (269.4 billion euros) worth of textiles and clothing last year. This represents a fall of 8.1%, and of 2.9% adjusted for exchange rate effects, according to figures released by the Chinese textile sub-council CCPIT–Tex. Despite the challenges posed by the uncertainties affecting the global clothing market, CCPIT-Tex [...]read moretextile and clothing exports down 8.1% in 2023
As M&S “reshapes for sustainable growth and value creation”, the UK retail giant has chosen software platform provider o9 Solutions to provide AI-powered support to transform end-to-end planning for its Clothing & Home ops. M&S The AI-powered platform, called Digital Brain, will replace and modernise M&S’s existing systems across merchandise planning, sales stock & intake, [...]read moreM&S’s Clothing & Home ops to embrace AI in a three-year digital transformation
Bollywood’s industry is filled with inspiring stories of rags to riches and how people over here have moved mountains with sheer hard work, dedication and commitment. One such story is of this Bollywood actor who was once going through a major financial crunch and couldn’t afford to buy a pair of jeans. Eventually, actor Suniel [...]read moreThis Bollywood A-lister once couldn’t afford a pair of jeans, now owns a popular clothing line