UK consumer confidence takes a pounding in March – PwC report

This is a fall from +8 during the same period last year and is only just ahead of the -26 reading reported at the start of the pandemic.PwC surveyed just over 2,000 people between March 19 and 21 and said sentiment had declined across all age groups, with people preparing to spend less on buying clothes, eating out, and going on holiday but bracing to spend more on groceries because the price of food was going up.

PwC cited a combination of the tightest cost of living squeeze in a generation, inflation rising to its highest rate in three decades, tax hikes, and sky-high energy bills. And many experts think pessimism will only grow as price rises continue in the coming months, with inflation peaking at around 9% in October when energy price caps are lifted.At the same time, wage gr…

Tommy Hilfiger reveals Fashion Frontier Challenge finalists for 2022

Carefully selected from a pool of 259 applicants — from global startups to scaleups — the five finalists have been revealed as: Care+Wear, a healthwear company based in New York that provides accessible clothing, recovery bras, patient gowns, and scrubs to people in hospital; IDA Sports: a British company designing footwear and soccer cleats specifically for female athletes; Koalaa, a UK initiative engineering upper limb prosthetics made like clothes; Tactus, a Dutch-American tech brand that makes smart clothing that translates music into vibrations for the deaf community; and Moner Bondhu, a startup founded in Bangladesh that provides mental health and wellbeing services with a focus on garment factory workers, women and youth.​Over year-long process, applications were reviewed…

DMIx launches photo-realistic virtual models

In partnership with Verce, the studio that specialises in creating realistic virtual models, “it brings together a high-quality end-to-end virtual model workflow for fashion brands including a virtual 3D photo studio”.It claims end-to-end digitalisation of workflows that “will have a major impact on the fashion industry, by reducing the need for prototypes, physical samples. Factoring in travelling and the production of shoots, brands can save costs and time as well as reducing environmental impact”.

The company claims the state-of-the-art digital humans within the DMIx StudioAvatars “have a photorealistic quality never seen before and can be customised and individualised to a brand’s preference”. This enables brands “to build up their own completely unique digital…

Jakks Pacific acquires kids skincare brand C’est Moi

 With the acquisition, Jakks enters the billion dollar US prestige beauty industryคำพูดจาก Web Game Casino . The Santa Monica-based company plans to grow the C’est Moi brand globally beyond Singapore, Dubai, Australia and Malaysia where the company is currently distributedคำพูดจาก Game Casino. Jakks also intends to retain members of the C’est Moi management team. “JAKKS has always been a consumer products-driven company with a focus on fun lifestyle merchandise for active young consumers. Our acquisition of the C’est Moi™ skincare and performance makeup line complements our diverse portfolio,…