Net-zero in fashion, but clothing giants struggle to cut emissions By AFP The world’s fashion giants have pledged to trim their carbon footprint but that goal remains elusive at a time “fast fashion” is all the rage — a topic…
Amazon predicts sales growth slowdown for holidays, crushing shares By Reuters Amazon Reuters Amazon’s 12% extended-trade stock drop erased about $140 billion in its market capitalization, greater than the entire value of companies such as Morgan Stanley For months, the…
Global fashion firms exploiting Bangladesh workers: study By AFP-Relaxnews (AFP) – Major international fashion brands are operating unfairly toward Bangladesh clothing suppliers, with some allegedly paying for items below the cost of production, according to a study published Wednesday. DR…
Supreme opens first Chicago store Cult Supreme opens first Chicago store – Supreme Located at 1438 N. Milwaukee Avenue in the Wicker Park neighborhood, shoppers will find the brand’s ready-to-wear and accessories collections. In particular, along the perimeter of the…
US mass market average prices climb by 15%: Retviews The prices of consumers’ favorite retailers are on the rise and inflation is once again to blame. US mass market average prices climb by 15%: Retviews. – Aritzia According to a…
Tommy Hilfiger taps ThredUp for resale program launch American fashion brand Tommy Hilfiger Tommy Hilfiger Backed by ThredUp’s Resale-as-a-Service (RaaS) technology, the new 360-resale program will allow U.S.-based consumers the chance to clean out their closets and shop secondhand Tommy Hilfiger…
Joules says little as it responds to media speculation Suggestions at the weekend that NextJoules Joules “In response to recent media reporting”, it said: “Further to the announcement on 19 August 2022, the group continues positive discussions with Next Group…
Nike sales surge on North America, EMEA growth; earnings flat Nike Nike Analysts had expected $12.57 billion, according to IBES data from Refinitiv. The Portland, Oregon-based company said revenues for its Nike brand were $12.7 billion, up 18% on a reported…
Boohoo boosts US business with DHL link-up One of the major problems Boohoo Photo: Pixabay This should give the fashion retailer efficient warehousing solutions to help it drive faster growth in the US. The company will open a giant distribution…
Trash transformation: The brand is turning sushi into sneakers By AFP-Relaxnews From sushi to sneakers? The idea may have seemed far-fetched just a few years ago, but that’s no longer the case in an age where recycling is king. Sustainable…
