Losses at Victoria Beckham's luxury fashion label increased by 24% last year to £10.2m as it ploughed more investment into the ten-year-old business. Revenues rose 17% in 2017 to £42.5m as the company enjoyed higher sales across its clothing lines as well as its accessories and eyewear offerings, both online and in-store.Victoria Beckham Ltd said that despite a "difficult trading environment" it had been investing for its future growth and building its leadership team.It said the company's shareholders were committed to reducing its losses and that it expected to break even in the medium term.The brand marked its ten-year anniversary in September. The 2017 loss compares to a loss of £8.2m a year earlier.Last year, NEO Investment Partners invested £30m in the business to grow its digital operations as well as bricks-and-mortar stores.The company has redesigned its website and also invested in distribution capabilities - now shipping to more than 120 countries.NEO is … [Read more...] about Losses widen at Victoria Beckham’s fashion label
Fashion
Photos: Fashion and entertainment took over The Parish
By Ismael Perez Published 1:09 pm CST, Saturday, December 15, 2018 The runway was burning hot with crazy fashion and entertainment at Wildhoneypot's Sacrilege on Friday, Dec. 14, at The Parish. The runway was burning hot with crazy fashion and entertainment at Wildhoneypot's Sacrilege on Friday, Dec. 14, at The Parish. Photo: Fabian Leon Villa For MySA.com Photo: Fabian Leon Villa For MySA.com Image 1 of / 34 Caption Close Image 1 of 34 The runway was burning hot with crazy fashion and entertainment at Wildhoneypot's Sacrilege on Friday, Dec. 14, at The Parish. The runway was burning hot with crazy fashion and entertainment at Wildhoneypot's Sacrilege on Friday, Dec. 14, at The Parish. Photo: Fabian Leon Villa For … [Read more...] about Photos: Fashion and entertainment took over The Parish
Indonesian Embassy facilitates 34 local brands at Vietnam Fashion Fair
Jakarta (ANTARA News) - The Embassy of Indonesia in Hanoi, marking 63 years, has proudly presented itself as a Country Partner at the Indonesia Pavilion Vietnam International Fashion Fair 2018 event by facilitating 34 local brands to showcase their creations. The event will be held from Dec 13 to 18 at the International Centre for Exhibition (ICE) Hanoi, Vietnam, according to a statement here on Saturday. The submission and curation process started after the Trade Expo Indonesia (TEI) 2018 in ICE BSD City, Tangerang, Indonesia. Indonesian Ambassador in Hanoi, Ibnu Hadi, officially opened the event. The event will be attended by ambassadors/representatives from diplomatic missions in Hanoi, representative from ministries/agencies of Vietnam, Ministry of Trade and Ministry of Foreign Affairs of the Republic of Indonesia, as well as business communities in Hanoi and surrounding areas. "Indonesia Pavilion gives an added value to the definition and sets a remarkable model of Fashion … [Read more...] about Indonesian Embassy facilitates 34 local brands at Vietnam Fashion Fair
Ministry designed fashion ecosystem to welcome industry 4.0
Jakarta(ANTARA News) - The Ministry of Industry is creating a business ecosystem for the fashion industry, in a bid to connect it into the supply chain, as the Ministry welcomes the Industrial Revolution 4.0. "The Ministry of Industry is supervising the implementation of Industry 4.0. For the fashion industry, we have designed a business ecosystem that connected the supply chain, from the upstream to the downstream," said Director of Small and Medium Industry for Chemistry, Clothing, Crafts and Miscellaneous of the Ministry of Industry E Ratna Utarianingrum in Jakarta, Saturday. She explained that the ecosystem design touched on the integration of database, in order to open the access for each levels of the supply chain, which surely involved the designers. "The platforms are already there, we will only need to utilize it and synergize it with the ecosystem we are building," she said. The Ministry hoped to try out the design in the next year. "We plan to carry out an … [Read more...] about Ministry designed fashion ecosystem to welcome industry 4.0
Wonderful Indonesia – Inspired by Culture, a model of Fashion…
The event will be held on December 13th – 18th at International Centre for Exhibition (ICE) Hanoi, Vietnam. The submission and curation process started after Trade Expo Indonesia (TEI) 2018 in ICE BSD City, Tangerang, Indonesia.Photo: CPVIndonesia Pavilion at Vietnam International Fashion Fair 2018 started with a launching session and a press conference on December 13, 2018. Indonesian Ambassador in Hanoi H.E. Mr. Ibnu Hadi officially opened the event. The event attended by Ambassadors/ representatives from Diplomatic Missions in Hanoi, representative from Ministries/ Agencies of Vietnam, Ministry of Trade and Ministry of Foreign Affairs of the Republic of Indonesia, and also business community in Hanoi and surrounding area.“Indonesia Pavilion gives an added value to the definition and sets a remarkable model of Fashion Diplomacy.” Further on, Ambassador Hadi emphasized that Indonesian Pavilion expands market, exchanges creative ideas, as well as share rich cultural … [Read more...] about Wonderful Indonesia – Inspired by Culture, a model of Fashion…