German apparel market slows as consumers choose secondhand
WEB6 days ago · According to ‘The Apparel Market in Germany to 2028‘ report, the German apparel market surpassed past pre-pandemic levels in 2023, growing 4.1% year-on-year to €77.6bn ($85.68bn).. However, persistently high inflation limited potential, as consumers cut back on non-essential spending. Growth was primarily price-driven, with volumes only …
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WEB6 days ago · JD.com pumps ¥1bn into apparel business expansion. Chinese e-commerce giant JD.com has announced a significant expansion of its apparel business with an additional investment of ¥1bn ($138m) to establish JD Fashion as a leading destination for global apparel. 30 August 2024.
How costly is Nike's ‘silence’ on supply chain worker rights?
WEB6 days ago · Investors claim that these millions in wages still legally owed to workers in Nike’ supply chain pose a sizable risk. “The amount owed to workers pales in comparison with the $51.4bn in annual revenue that Nike reported at the end of the last fiscal year. Alongside Proposal 6, that is calling on Nike to respect workers’ rights, are ...
Cascale, BGMEA partner to drive sustainability in garment supply …
WEB5 days ago · Global nonprofit alliance Cascale and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have signed a Memorandum of Understanding (MoU) aimed at advancing sustainability and promoting environmental and socially responsible practices within the apparel sector. Hannah Abdulla September 11, 2024.
US lawmakers push for revitalisation of sustainable fibres industry
WEB5 days ago · A coalition of US lawmakers is urging the US Department of Agriculture (USDA) to back the production and processing of plant-based fibre crops, such as cotton, hemp, and flax, and animal-based fibres such as wool, alpaca, and leather which they say are eco-friendly and can help the US apparel and textile industries’ nearshoring …
Industry onlookers frown as Boohoo closes US fulfilment centre
WEB5 days ago · US consumers of Boohoo will now receive all their orders from a UK distribution centre, after plans were announced to cease supplies from its US distribution centre in Pennsylvania. Hannah Abdulla September 11, 2024. Boohoo says the moves are the latest in a series of steps as part of the strategy to reposition the group for …
Archroma launches Safe Edge+ to aid textile regulatory compliance
WEB6 days ago · Safe Edge+ builds on Archroma’s existing regulatory platform, The Safe Edge, which launched in 2021. The platform allows industry stakeholders to verify the regulatory status of Archroma’s products through an online tool, which provides ecotoxicological information and certifications.
Explainer: Why Asos turned down Shein’s Topshop bid
WEB5 days ago · As reports suggest Asos rejected a joint £215.5m ($281.7m) offer for the Topshop brand from Singapore-headquartered Shein and Authentic Brands Group (ABG) in favour of a lower bid from investor group Heartland, Just Style hears how the choice "fits Asos' strategy". Clive Black, head of consumer research at Shore Capital, told Just Style …
Explainer: Underconsumption core’s impact on fast fashion
WEB4 days ago · Rachel Lawler September 12, 2024. Users of the #underconsumptioncore hashtag might show off repaired jeans, decades-old outfits or a pair of shoes completely worn out after years of use. Credit: Shutterstock. Between Instagram Shopping, Facebook Ads and Tik Tok Shop, the volume of items available to buy through social media can be …
Worldly: Changing the fashion world for better, one tool at a time
WEB4 days ago · Worldly bosses: Changing the fashion world for better, one tool at a time. Worldly CEO Scott Raskin and CPO Kevin Vranes unravel the mystery behind the new Product Impact Calculator tool and talk plans for the organisation going forward. Hannah Abdulla September 12, 2024. Worldly CEO Scott Raskin and CPO Kevin Vranes explain …
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