HONG KONG — The global textile and apparel industry is undergoing rapid changes.
Traditional business models, manufacturing bases and markets are evolving, and retailers and suppliers need to keep up or risk losing out, said sourcing executives at the Prime Source Forum here. Acknowledging the tough market over the last few years, Felix Chung Kwok-pan, a Liberal Party lawmaker and member of Hong Kong’s Functional Constituency for Textiles and Garment, said the long-established way of doing business was no longer workable.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)