Fashion Accessories News

Recent industry report about Fashion Accessories company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Fashion Accessories Market industry experts.

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Fashion Accessories News

  • In October 2022, House of Titan launched its new women's handbag brand, IRTH. The company offers handbags for various occasions like night outs, weekend getaways, work days, etc. With this launch, the company aims to make a turnover of approximately Rs 1000 crores over the next five years.
  • In September 2022, Hermès announced the opening of a new duplex store within the Union Square shopping mall in Ho Chi Minh City, Vietnam.
  • In September 2022, Tommy Hilfiger X Richard Quinn introduced a new capsule collection designed in collaboration with celebrated designer Richard Quinn, entitled Tommy Hilfiger X Richard Quinn Fall 2022. Quinn's use of bold patterns and exaggerated silhouettes is combined with Hilfiger's iconic take on American classics, such as the varsity jacket, the 5-pocket jean, and the chino.
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  • November 2023: Aetrex launched a new personalized footwear recommendation platform – FitStarter, developed with shoe fit testing company Heeluxe, to help retailers improve their shoe fitting service for shoppers, reduce returns, and increase customer satisfaction. 
  • November 2023: Fyous, a custom-fit footwear brand, secured an Innovate UK match-funded grant of GBP 1.4 million to combat the occurrence of diabetic amputations. The grant will enable the company’s founders to expand their exclusive polymorphic molding technology combined with 3D scanning custom-made footwear in healthcare, thereby enhancing their ability to manufacture diabetic footwear with specialized orthotic features. 
  • February 2022: The American Diabetes Association partnered with Dr. Comfort to take the next step in preventing and treating foot complications.
  • In May 2022, GIIB Holdings Bhd, a supplier of rubber compounds, announced that it has opened its first glove production facility in Nilai, Negeri Sembilan. The company revealed that the new manufacturing facility, run by GIIB's 51%-owned subsidiary GIIB Healthcare Products Sdn Bhd, had five double former glove-dipping production lines with an annual production capacity of 1.05 billion units.
  • In January 2022, Kimberly-Clark Professional revealed that it launched Kimtech Opal Nitrile Gloves. As per the company's claims, the newly launched industrial gloves were for increased comfort during prolonged wear and strong tactile sensitivity. The powder-free gloves were made without vulcanization accelerators 1, added sulfur, or natural rubber latex and protect the application by lowering the risk of Type I and Type IV glove-associated skin responses. The gloves were also claimed to have Low Derma Technology, a proprietary skin-protection function.
  • In October 2021, Ansell Limited announced to invest USD 80 million over the next three years to build a new manufacturing facility in Tamil Nadu, India. The new facility is planned to have the capability to produce a wide range of products, with an initial focus on surgical and life science gloves for the domestic and export markets.
  • In October 2022, House of Titan launched its new women's handbag brand, IRTH. The company offers handbags for various occasions like night outs, weekend getaways, work days, etc. With this launch, the company aims to make a turnover of approximately Rs 1000 crores over the next five years.
  • In September 2022, Hermès announced the opening of a new duplex store within the Union Square shopping mall in Ho Chi Minh City, Vietnam.
  • In September 2022, Tommy Hilfiger X Richard Quinn introduced a new capsule collection designed in collaboration with celebrated designer Richard Quinn, entitled Tommy Hilfiger X Richard Quinn Fall 2022. Quinn's use of bold patterns and exaggerated silhouettes is combined with Hilfiger's iconic take on American classics, such as the varsity jacket, the 5-pocket jean, and the chino.
  • May 2022: CalidaHolding AG acquired the American premium lingerie brand Cosabella. The brand offers high-waisted panties, lace bralettes, strapless bras, wireless bras, push-up bras, t-shirt bras, baby dolls, camisoles, etc., with a wide range of cup sizes and shapes.
  • March 2022: Zivame launched an online sale event, Grand Lingerie Festival, in partnership with Bollywood celebrity Ananya Pandey. The Grand Lingerie Festival sale promotes the brand's sales through a widely distributed TV media campaign for which the brand made investments across all digital channels.
  • May 2021: Japanese intimates brand Wacoal announced the release of My Bra Fit, an app that employs AI (artificial technology) technology to calculate users' bra sizes and suggest products that suit their needs. Customers can select and shop these suggestions seamlessly.
  • May 2024: WOW Skin Science updated its product lineup, ‘Activated Naturals,’ following thorough research on customer preferences. This new platform combines natural ingredients with advanced scientific activities to cater to personal care needs.
  • February 2024: Herbal Essences launched 11 Newly Formulated Shampoos and Conditioners. Every new blend contains pure aloe and camellia oil, certified by The Royal Botanic Gardens, KEW plant specialists.
  • December 2023: Unilever acquired the premium haircare brand K18, known for its innovative products. Among K18's offerings is the Herbal Red Onion Hair Shampoo, which harnesses the power of onion extract to combat dandruff while nourishing the hair effectively.
  • April 2024: Nivea expanded its anti-aging product portfolio by launching the Q10 Dual Action serum. The company claims that the serum targets sugar-induced skin aging and wrinkle formation. The formula was designed to prevent protein glycation in the dermis skin layer, protecting collagen and elastin from damage. 
  • March 2024: L'Oréal Canada launched SkinBetter Science, a medical aesthetic skincare brand, adding it to the L'Oréal Dermatological Beauty (LDB) division. The brand claimed that SkinBetter Science is currently distributed across Canada and on the www.skinbetter.ca website.
  • March 2024: Dermalogica launched its new product - Circular Hydration Serum. The product comprises hyaluronic acid and algae extracts, forming a moisturizing matrix that delivers rapid and enduring hydration. This dynamic combination forms a protective barrier, safeguarding skin against moisture loss.
  • February 2024: MamyPoko Pants launched Extra Absorb Pants with 30+ patented technologies. The diapers are claimed to be up to 60% absorbent.
  • January 2024: Pampers launched a new Pampers Premium Care Diaper – a 360-degree coverage all-in-one diaper for babies. It has an inbuilt anti-rash blanket and lotion with aloe vera to protect the baby's delicate skin from rashes.
  • January 2024: Procter & Gamble Korea, a subsidiary of the global parent – Procter & Gamble Company, launched one of its newest additions to its product lineup - Pampers Baby-Dry Pants -- a baby diaper designed to provide improved absorbency. Pampers Baby-Dry Pants -- a baby diaper intended to provide enhanced absorbency.
  • November 2023: Aetrex launched a new personalized footwear recommendation platform – FitStarter, developed with shoe fit testing company Heeluxe, to help retailers improve their shoe fitting service for shoppers, reduce returns, and increase customer satisfaction. 
  • November 2023: Fyous, a custom-fit footwear brand, secured an Innovate UK match-funded grant of GBP 1.4 million to combat the occurrence of diabetic amputations. The grant will enable the company’s founders to expand their exclusive polymorphic molding technology combined with 3D scanning custom-made footwear in healthcare, thereby enhancing their ability to manufacture diabetic footwear with specialized orthotic features. 
  • February 2022: The American Diabetes Association partnered with Dr. Comfort to take the next step in preventing and treating foot complications.
  • April 2023: Life Fitness partnered with Bayerwaldhof, a wellness hotel, to furnish its new fitness room with premium fitness equipment, ensuring a top-notch wellness experience for guests.
  • September 2022: Peloton Interactive, Inc. unveiled Peloton Row, an innovative fitness equipment featuring cutting-edge software and a premium hardware design tailored for low-impact, full-body cardio and strength workouts.
  • August 2021: Johnson Health Tech (JHT) acquired Matrix Fitness South Africa, formerly a distributor, thereby establishing JHT as the inaugural fitness equipment manufacturer with a wholly-owned subsidiary in Africa.
  • March 2022: Gray Away introduced the industry's inaugural on-demand temporary root cover spray. The Gray Away Root Cover-Up Sprays promise a one-step color solution targeting various hair concerns. These cruelty-free, high-performance products claim to provide effective root coverage with a good color payoff.
  • May 2022: Matrix, a leading hair care brand, launched All-in-One Toning Leave-In Sprays named Brass Off and So Silver. These sprays claim to dye the hair's cuticle, offering temporary toning effects while providing hydration and smoothing benefits. The Brass Off All-In-One Toning Leave-In Spray utilizes blue dyes to neutralize brass or orange tones in highlighted brunette shades. At the same time, the So Silver All-In-One Toning Leave-In Spray uses violet dyes to balance yellow tones in gray and blonde hair.
  • February 2022: Mamaearth, a direct-to-consumer (D2C) Indian startup, acquired BBlunt, a Mumbai-based company previously owned by Godrej Consumer Products Limited (GCPL). BBlunt specializes in manufacturing hair colorant sprays, marking a strategic move for Mamaearth in expanding its product offerings within the hair care market.

Fashion Accessories Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)