Erik Bang (H&M): “The challenge is to create a culture where it is OK to fail”
The MDS
by MDS
2y ago
Bang has been responsible for innovation at the H&M Foundation since 2014 and he is also the driving force behind the Global Change Award. As he says, the key to innovation is to feel confident and establish synergies between operators ..read more
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The USA “great again”: fashion's share of spending hits highest level since 2014
The MDS
by MDS
2y ago
In the second quarter, private spending on clothing and footwear grew to 62% year-on-year and 20% compared to the same period in 2019, before the pandemic ..read more
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Vertiginous quarter: margins drown due to costs and ports collapse
The MDS
by MDS
2y ago
Rising costs and changing from ship to plane to avoid port collapse have led the industry to expect three more months of falling margins. Adidas estimates a € 500 million impact in the second half of the year ..read more
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Amazon plans to open department stores in the USA to push its offline distribution
The MDS
by MDS
2y ago
The e-commerce company, founded by Jeff Bezos, plans to open several physical shops which will work as department stores in the United States to help expand the reach of sales in apparel, home goods, electronics and other areas. The e-commerce company, founded by Jeff Bezzos, plans to open several physical shops which will work as department stores in the United States to help expand the reach of sales in apparel, home goods, electronics and other areas ..read more
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The USA “great again”: fashion's share of spending hits highest level since 2014
The MDS
by MDS
2y ago
In the second quarter, private spending on clothing and footwear grew to 62% year-on-year and 20% compared to the same period in 2019, before the pandemic ..read more
Visit website
Vertiginous quarter: margins drown due to costs and ports collapse
The MDS
by MDS
2y ago
Rising costs and changing from ship to plane to avoid port collapse have led the industry to expect three more months of falling margins. Adidas estimates a € 500 million impact in the second half of the year ..read more
Visit website
Top luxury brands keep fighting: higher margins than in 2016 despite the Covid-19 effects
The MDS
by MDS
2y ago
LVMH, Richemont and Kering ended 2020 decreasing by 1.3 points in their average gross margin. They also lost €13,000 million in sales in a year.  ..read more
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Amazon plans to open department stores in the USA to push its offline distribution
The MDS
by MDS
2y ago
The e-commerce company, founded by Jeff Bezos, plans to open several physical shops which will work as department stores in the United States to help expand the reach of sales in apparel, home goods, electronics and other areas. The e-commerce company, founded by Jeff Bezzos, plans to open several physical shops which will work as department stores in the United States to help expand the reach of sales in apparel, home goods, electronics and other areas ..read more
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Orders are back but working conditions are not: firings and wage cuts in sourcing hubs
The MDS
by MDS
2y ago
The employees of the manufacturing hubs in Asia are earning by 25% less than a year ago and many of them had to get into debt to survive ..read more
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Thomas Meyer (Desigual): “Fashion will be relevant again, but we need to innovate”
The MDS
by Modaes
2y ago
On his first interview in front of a camera, the founder of Desigual defended that creativity is not exclusive to creative professionals ..read more
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