Global fashion brand winners and losers in 2023
Just Style shares the successes and failures across the fashion industry over 2023 and how brands ranging from Zara and H&M to Nike and Shein fared during the year.
22 December 2023
22 December 2023
Just Style shares the successes and failures across the fashion industry over 2023 and how brands ranging from Zara and H&M to Nike and Shein fared during the year.
Jobs are set to go at Nike Inc which announced plans to restructure as part of ambitions to realise $2bn in cumulative cost savings over the next three years.
Recent analysis by the digital PR agency Tank revealed that in the fashion industry, 1 in 25 (4.44%) job openings necessitate some degree of experience in working with Artificial Intelligence (AI) which it adds marks the "highest proportion" among all UK verticals.
In this year-end roundup, we take a look at the top feature pieces on Just Style in 2023.
2023 - what a ride, eh? From earthquakes to inflation and garment workers voting with their feet, it is safe to say there's not been a dull day in the fashion world. Here's to a well-earned rest to gear us up for more fun and games in 2024.
The European Apparel and Textile Confederation (Euratex), has unveiled a comprehensive Manifesto outlining key recommendations to bolster the competitiveness and sustainability of the European textiles and clothing industry.
Gildan has defended its appointment of CEO Vince Tyra in response to calls from major shareholders to reinstate former CEO Glenn Chamandy.
Textile-to-textile recycling company Renewcell has entered into financial arrangements, providing it with additional liquidity of SEK100m ($9.83m) as part of an ongoing strategic review while the company aims for long-term financing by Q1 2024 amid sales challenges.
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