My first Magazine Latest Edtion (18 March 2019) | Page 2
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Global Textiles & Apparels,
Associations & Company affairs
Mumbai, 18 March 2019
02
Zara steps into denim customisation pop-ups Online frauds on fashion e-commerce in 2018
Mumbai: Inditex Group – Zara – is
all geared up to launch its first capsule
collection of denim customisation pop-ups,
which is available for purchase from 27
March 2019.
The customers will be able
to embroider their names onto denim
clothing, in its three stores of Corso Vittorio
Emanuele in Milan, Italy; Kalverstraat in
Amsterdam, the Netherlands, and Plaza
Cataluña in Barcelona, Spain.
The range will also be available for
purchase through its online stores.
The new service will allow customers
to ask to have a word of up to 11 characters
embroidered onto a selection of nine
different denim pieces within the TRF
range.
The customisable range includes
jeans, denim skirts, jackets and shorts.
Customers can also choose where to place
the embroidered word and decide from a
range of fonts and six embroidery thread
colors. As the products will be customised
pieces, there will be no possibility to return
or exchange them.
These customisable garments will
be delivered to the three stores where the
service is available.
Online orders will be rolled out
in keeping with the brand’s customary
delivery times.
Sneakers and jeans makers such
as Adidas, Nike and Levi’s have been
offering customised products for several
years, where customers can add their own
modifications to clothes and shoes.
Technical Textile Walmart store
Upcoming Events in Telangana
IDEA 2019 - International
Engineered Fabrics
Conference and Expo
25-28 March 2019
Miami Beach Convention Center, Miami
Beach, United States Of America
Expo Produccion 2019
26-28 March 2019
World Trade Center, Mexico
TEXCON 2019
04-05 April 2019
Shri Vaishnav Vidyapeeth
Vishwavidyalaya, Indore, Madhya
Pradesh, India, Indore, India
Mumbai: The wholly-owned
subsidiary of Walmart Inc — Walmart
India — has launched its first B2B Cash
& Carry store in Karimnagar, Telangana.
It is the second store in Telangana
and the 24th ‘Best Price Modern Wholesale
Store’ in India.
The store will create job opportunities
for more than 2,000 people.
This store also gives the opportunity
to continue to create shared value for their
local supplier partners, farmers, members,
associates and the community at large.
Each of their stores creates an estimated
2,000 direct and indirect jobs and this one
too has opened up employment opportunity
for local youth in Karimnagar.
Spread over 50,000 sq ft, Walmart
India is planning to open seven more stores
in the state.
Composite Expo 2019
23-25 April 2019
Crocus Expo International Exhibition
Center, Moscow, Russia
Techtextil Germany 2019
14-17 May 2019
Frankfurt am Main, Frankfurt, Germany
Texprocess - 2019
14-17 May 2019
Messe Frankfurt, Frankfurt, Germany
Spinexpo New York 2019
16-18 July 2019
Brooklyn EXPO Center, 72 Noble St,
Brooklyn, NY 11222, USA
Dornbirn Man-made
Fibres Congress 2019
11-13 September 2019
Kulturhaus Dornbirn, Rathauspl. 1,
6850 Dornbirn, Dornbirn, Austria
FILTECH - The Filtration
Event 2019
22-24 October 2019
KoelnMesse, Cologne, Germany
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CIDPEX 2019
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understand they can do more damage
when working together.
Coordinated action leverages the
individual skills of the members of the
group, allowing them to scale up their
attacks and strike at a higher frequency.
• Offering coupons or discounts
to those that refer a friend, policy abuse
jumped 170 per cent in 2018.
The most common way to take
advantage of such programmes is by
oversharing coupons or creating multiple
accounts.
A c c o r d i n g t o F o r t e r, o n l i n e
merchants tend to overlook this type
of fraud because transactional frauds
generate greater losses, but the
staggering growth of this fraud method
demonstrates it is a mistake not to adopt
measures to prevent abuse.
• Another way consumers and
fraudsters can cheat the system is by
abusing a store’s return policy.
A recent survey commissioned by
UK credit card company Barclaycard
revealed nearly one in 10 shoppers
admit to buying clothes only to take a
photo on social media.
Major fashion retailers are already
aware of this trend, which is why they
have amended their policies to restrict
the number of returns per customer,
leading to a 90 per cent decrease in
returns abuse, as per the report.
Annual Subscription Form
CBME India – 2019
10-12 April 2019
Bombay Convention & Exhibition
Centre, Mumbai, India
Mumbai: With the online retail
growing, the frauds on the digital platform
are also increasing simultaneously.
Forter in its latest Fraud Attack
Index publication reports fraudsters
have access to more private information
than ever before, and as online criminal
networks expand, the access to phishing
kits or ‘crime-as-a-service’ opportunities
increase for new fraudsters, lowering
the bar for more users to enter the ring.
The annual publication about
trends in online fraud attacks across
different industries also shows, apparel
and accessories web shops must be
vigilant, as the category is preferred by
fraudsters due to the ease with which
items can be resold and the fact that
attempts to buy in bulk don’t look so
suspicious.
The attacks on online fashion
shops grew by 47 per cent in 2018.
Criminals are getting smarter, and
expecting e-commerce companies to
stay up to date about their techniques.
Apart from apparel and
accessories, jewellery and luxury goods
are also an attractive bet for fraudsters
as thefts are more lucrative than those
in other sectors.
According to Forter, the category
has seen a 19 per cent increase in online
attacks year-on-year.
Here are few popular methods of
attack that Forter discusses in its annual
publication.
• Account takeover increased
45 per cent in 2018. The report says
this method has been rising because
stealing a user’s account offers more
possibilities than typical transactional
fraud.
• Fraud rings went up 25 per cent
last year and Forter predicts it to grow
even more in 2019 because fraudsters
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