Back Stage

The largest groups in the sector undertake the twenties with new leaders, who will have to face a challenging era, marked by external instability and the sector’s own transformation.

The donations serves to create an academic hub for the study of corporate responsibility (CR) and sustainability.

From the new types of store to the new role of the industry or the attention in the sector. The fashion business faces in 2020 a decade even crazier than the former. What must be considered?

Traceability in the supply chain, combating climate change, efficient use of water, energy and chemicals, and a more respectful and safe work environment. In the last year, the fashion business has put its commitment to sustainability in black and white. In 2019, the giants of the sector signed several agreements such as the Fashion Pact, the New Plastic Economy or the CEO Agenda 2019 to combat the climate impact of the industry.

The new policy approved by the Ministry of Commerce and Investment of Saudi Arabia is an economic strategy set to prepare the country for a post oil-era.

Blogs and social networks have empowered the consumer in communication. The industry did not let this phenomenon escape and ended up incorporating it as an additional player.

In just twelve months, Victoria’s Secret has canceled its annual show, dismissed its chief marketing officer and replaced its chief executive officer.

These types of fashion players have revolutionized the distribution map in the world, as well as how fashion is consumed worldwide.

Department stores have been a window to the world and the undisputed leader of retail, but after centuries of reign, the king has fallen. The crisis revealed some structural problems of a hyper-debt sector.

Yarkoni is one of the main executives behind Colorifix, a company that caught the attention of the Swedish giant H&M, and that is specialized in dyeing textiles with microorganisms.

UPS, B-stock and Optoro estimate post-holiday returns, with a minority of 10 percent to make it back to “primary shelves.”

In the dispute between the luxury holding and the designer, Hedi Slimane demanded the payment of 9.3 million euros for the shares he had in the company.

The strategy lead, climate and water for H&M, who has pledged to be climate-positive in 2040, has attended the UN Climate Summit in Madrid to discuss the progress of the Fashion Charter.

Alava has been leading Infinited Fiber company since 2016, owned by H&M and specialized in a technology to produce new natural fibers from waste.

The company, which supplies to H&M, Inditex, Mango, Kering or LVMH, has grown 18% per year since 2012 and plans to grow 8% this year.

The company did a first test with customization earlier this year with a denim line in its ecommerce platform and in some of its stores.

Today, the sector will discuss in Madrid the conclusions of the Fashion Industry Charter for Climate Action (Ficca) signed one year ago.

This week, the president of the United States, has announced that he will set additional tariffs up to 100% for certain French products, including bags and cosmetics.

Rental, secondhand and co ownership are some of the trends that have marked the sector in the past year, according to the latest Worldwide Luxury Market Monitor 2019 report.

The European Parliament has published the Environmental impact of the textile and clothing industryreport that explains that if the average use of a garment is doubled, greenhouse gas emissions to the atmosphere would be reduced by 44%.

In 2017, the European textile and leather industry emitted 8.7 billion tons of carbon dioxide into the atmosphere, compared to 11.4 billion tons in 2008.

Senior executives of Tendam, Mango, Desigual, Pepe Jeans and Bestseller, among others, discussed the future of the sector in the last session of 10 Years, 10 Topics.

The American fashion company stopped producing garments in the Asian country in 2015, after the collapse of the Rana Plaza.

The chief executive officer of the American fashion retailer is convinced that body scanners will replace the current sizing system.

The Swiss tennis champion has bought the stake as a move prompted by the end of his contract with Nike and as he plans for life after professional tennis.

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Modaes Global - Back Stage | Reports and interviews of the protagonists of the fashion business. Articles, analysis and interviews on the key phenomena of the fashion business. - Modaes Global.

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