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2 Jul

Saudi Arabia Plans to Develop Domestic Fashion Manufacturing Sector

Saudi Arabia Plans to Develop Domestic Fashion Manufacturing Sector
In its first “State of Fashion in Saudi Arabia” report, the Saudi Fashion Commission has laid out a vision to develop a full fashion ecosystem in the following 10 years, with a shift toward more local product development and manufacturing as a key pillar for the sector’s growth. Can “Made in Saudi Arabia” sell? The commission is betting big that it'll. Saudi Arabia imports greater than $7 billion of fashion products annually, in accordance with data provided by the style commission. Manufacturing “even only a small fraction of this amount” would open significant opportunities for the local value chain, explained Burak Çakmak, chief executive officer of the commission. Çakmak, who previously was the dean of fashion at Parsons School of Design...
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8 Jun

Telfar Plans Last Bag Security Program June 16 to 18

Telfar Plans Last Bag Security Program June 16 to 18
Telfar, which launched an infinite preorder that ignored fashion’s logic of exclusivity and scarcity with the Bag Security Program in 2020, is switching gears. From June 16 to 18, Telfar will launch the fifth and final Bag Security Program, and it’s the last likelihood for shoppers to order any bag, in any size and any color, and have it custom made. Telfar plans for the baggage to reach twice as fast as before, starting inside two weeks of preorder, between June 26 and Aug. 31. To publicize the launch, Telfar conducted a series of one-on-one Zoom calls with customers by which Telfar personally informed them of the news. These recordings were shown on giant screens throughout Latest York, including on an LED...
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14 Apr

Helsinki Shopping Center Plans $62.3 Million Refurbishment With Latest

Helsinki Shopping Center Plans .3 Million Refurbishment With Latest
Nike Live shall be among the many retailers opening later this yr on the Itis shopping mall in Helsinki. The 39-year-old property is within the midst of a serious redevelopment with the addition of nearly 110,000 square feet that's being leased by latest tenants. There is almost 110,000 square feet of additional space that's under negotiations, in keeping with CC Real, the investment and real estate firm which co-owns and manages the assets of Itis. With 120 stores and 40 restaurants, the shopping center is one among the most important within the country with 18 million-plus annual shoppers. Finland’s only IMAX theater and 1,600 free parking spaces are a part of the draw. The addition of a Nike Live store, which is...
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9 Apr

Walmart Plans to Add $130 Billion in Sales Over

Walmart Plans to Add 0 Billion in Sales Over
The sheer size of Walmart Stores Inc. long made it a force of nature in the buyer world.  And with revenues of $611 billion last yr, the scale remains to be very much there.  But now, fashion is front and center within the business, especially online, where the retailer has 200 million apparel stock keeping units out of greater than 400 million skus overall. Walmart has pivoted from a bread-and-butter bricks-and-mortar retailer in recent times to grow to be a more forward-leaning Amazon competitor trying to layer in rather a lot more tech savvy.  The corporate’s investor meeting in Tampa, Florida, on Wednesday made it clear just how far the corporate has come — and just how far it plans to go, adding more...
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