Apparel Online Bangladesh Magazine Magazine May 2018 | Page 60

FASHION BUSINESS DENIM PREPARES FOR A VICTORIOUS REVIVAL There are no two opinions about the influence of denim in wardrobes across the world. However, fashion is a fast changing world, and in the last few years especially, the appeal of casual denim has heavily been upstaged by athleisure’s gifts like yoga pants and jeggings. N ew advancements in fabric technology and a changing aesthetic had consumers flocking for five-pocket trousers in materials that provided extra stretch and trendier style variations. Even a brand like Levi’s that is an industry stalwart in denim was struggling but things are looking up for denim aficionados. The brand reported 8% rise in revenue in 2017, making the year its strongest growth period since 2011. Elsewhere, PVH that owns two of the world’s biggest denim-focused labels – Calvin Klein and Tommy Hilfiger – also posted remarkable growth, and mostly from the jeans category. According to CK’s CEO Manny Chirico, “Calvin Klein jeans showed tremendous strength and outsized growth, above our average order book growth.” Brands that are more youth-oriented like American Eagle and Abercrombie, are betting big on denim’s much expected revival. While the segment had been lying dull for a long time with hardly any new trends, save for some flares and ruffle, the industry is innovating denim with a fully renewed focus. Thanks to a return of ’90s styling and the influx of new technology, designers are developing clothes with added properties 60 Apparel Online Bangladesh | MAY 2018 | www.apparelresources.com