Fashion news and fashion jobs

Manolo Blahnik’s revenues hit by shift towards direct-to-consumer

Luxury footwear and accessories brand Manolo Blahnik has reported that its strategic shift towards a more direct-to-consumer (D2C) focused model has led to lower revenues in 2024, while also being its third-best year of sales to date. Revenues at the luxury footwear brand dropped 19 percent year-on-year to 86.4 million euros (74.5 million...

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India suspends raw cotton import duties until September 2025

The Indian government has temporarily exempted all customs duties on raw cotton imports, effective from August 19 to September 30, 2025. The exemption removes an 11 percent import duty, which included a 5 percent basic customs duty, a 5 percent agriculture infrastructure and development cess, and a 10 percent social welfare surcharge. This...

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Rising competition from China creates employment problems, according to the ECB

According to a recent study by the European Central Bank (ECB), trade tensions with the US, leading China to export more to the Eurozone, may cause problems. This could lead to fewer job opportunities for Europeans and increased unemployment. The study, by ECB senior economists Clémence Berson, Claudia Foroni, Vanessa Gunnella and Laura...

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Everbloom partners with leading mills, raises 8 million dollars to bring protein-waste to luxury supply chains

After seven years of quiet development, textile start-up Everbloom has stepped into the spotlight with the launch of its proprietary protein-based fibres, positioning itself as a direct alternative to cashmere and wool. With 8 million dollars in total funding under its belt, propelling it from concept to commercialisation, the New York-based...