11 January 2024
11 January 2024
Seven of the top ten largest suppliers of apparel to the US experienced a fall in shipment volumes with imports from Bangladesh sinking for the fourth consecutive month.
Boohoo has defended itself against claims it has been labelling goods produced overseas as 'Made in the UK', with a spokesperson telling Just Style it was an "isolated incident".
UK retailer Marks and Spencer (M&S) saw clothing and home sales increase 4.8% to £1.24bn in Q3 thanks to improved customer perceptions of style, quality and value as well as its re-energised omnichannel service.
New research from the Business and Human Rights Resource Centre reveals apparel brands are not responding quickly enough to the scale of the forced labour challenge.
Expected growth in the UK retail sector over Christmas was thwarted by dampened spending as cautious consumers hesitated over purchases.
Textile-to-textile recycling company Renewcell has revealed it plans to cut its workforce by 25%, which would create savings of SEK35m ($3.4m) per year once finalised.
Casual footwear retailer Crocs Inc. expects “record” revenue of $3.95bn for fiscal year 2023, which would be an 11% increase from the previous year.
UK supermarket Sainsbury's saw spending on its Tu clothin
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The Europe food and grocery sector was valued at EUR 1,921 billion in 2022, and is expected to grow at a CAGR of >8% by 2027. In 2022, the food category dominated the sector and is expected to continue to do so during the projected period. Hypermarkets, supermarkets, and hard discounters was the leading distribution channel in the Europe food and grocery sector in 2022.
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