Fashion companies invested 1.6-1.8 per cent of their revenues in technology in 2021, and by 2030, that figure is expected to rise to 3-3.5 per cent, according to the State.
Almost 48 per cent consumers had not yet heard the term metaverse and only 5 per cent considered themselves enthusiastic users of it, as per a new survey, which polled mostly.
Global fashion leader G-III Apparel Group has entered into an agreement to purchase the remaining 81 per cent interest in famed fashion brand Karl Lagerfeld for €200 million.
Global Fashion Group (GFG), one of the leading online fashion and lifestyle destinations in growth markets, has reported quarterly revenue and NMV growth of 17.9 per cent.
Despite significant growth Vietnam-Africa bilateral ties in recent years, the trade relationship between the two had not achieved its full potential, especially in the fashion.