Signal: Apparel sector reports mixed results for Black Friday 2023
A record 200.4 million consumers shopped over the five-day holiday weekend (from Thanksgiving Day and Black Friday through to Cyber…
All articles by Elizabeth Cooke
Elizabeth Cooke
Elizabeth Cooke is a trainee reporter, specialising in thematic intelligence. She graduated with a degree in French and Philosophy from Oxford University in 2022.
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Signal: ThredUp’s financial results reflect ever-growing resale market
US online thrift store ThredUp reported a quarterly revenue of $82m for its third quarter 2023, representing an increase of…
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Signal: less demand than expected for recycled fibres, says Renewcell
Renewcell, a Swedish textile-to-textile recycling company, published its interim Q3 financial results on Tuesday (7 November), revealing a slower-than-expected demand…
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Signal: AI for textile recycling? French firm Cetia has it covered
In early September new tech company Cetia launched its first centre for artificial intelligence (AI)-assisted textile and leather recycling in…
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Signal: Leicester makers fear exodus as fast fashion majors look to Asia
Just Style’s investigation of UK public records has found that 28 Leicester textile companies went insolvent in 2022, while 11…
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Signal: Klarna launches AI shopping tool, conscious shopping dashboard
Global payments network and shopping assistant Klarna is rolling out 13 new AI-powered products, including AI-powered image search. This follows…
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Signal: Apple files patent application for smart touch-sensitive textile
On 28 September US tech giant Apple filed a patent for a touch-sensitive smart textile containing conductive threads that is…
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Signal: Is Target closing stores due to retail theft or inventory mismanagement?
US retail behemoth Target announced on Tuesday (26 September) that it would shut nine stores on 21 October, citing the…
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Signal: First Apparel Impact Institute grants aim to drive carbon reductions
The non-profit organisation Apparel Impact Institute (AII) has announced the first round of recipients of grants from its $250m Fashion…
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Signal: Nike shareholders reject assessment of supply chain due diligence efforts
At Nike’s annual meeting of shareholders on 12 September, Nike shareholders rejected a proposal for the board to issue a…