15 April 2024
15 April 2024
Last week's exposés delved into the murky waters of production practices at major retailers including Adidas, H&M, Uniqlo owner Fast Retailing, Nike and Inditex-owned Zara and the urgent need for accountability in fashion's pursuit of profit.
Automated textile sorting company Tomra Textiles and Circle-8 Textile Ecosystems have forged a strategic collaboration aimed at spearheading the development of what they claim is the UK's first automated textiles sorting and pre-processing facility for non-reusable textiles.
Portland’s Functional Fabric Fair on 17 April will host a Designing for Circularity panel discussion to unravel the complexities of circularity while empowering designers to make environmentally responsible choices and products.
E-commerce giant Amazon is investing more than €700m ($745m) in new robotics and AI-powered innovations for its European fulfillment centre (FC) network, creating new jobs and an enhanced retail experience for its customers.
Climate action NGO Waste and Resources Action Programme (WRAP) has opened a new office in Washington DC to coordinate action on textile waste, plastic pollution and food waste across South, Central and North America.
Fashion retailer Esprit is reportedly on the lookout for potential investors to rescue the European arm of its business, with an industry expert suggesting that this move is urgently needed to prevent a possible collapse and stabilise its financial position.
United States Trade Representative (USTR) ambassador Katherine Tai said her focus as part of the organisation has been to bolster the US textile industry by empowering domestic manufacturers, workers and other stakeholders.
Active Apparel Group (AAG) has adopted OEKO-TEX 100 Class 1 Standard Printing water-based inks to reduce its ecological footprint and adhere to stringent global chemical regulations.
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GlobalData's latest report offers a detailed analysis of the luxury apparel market with the impact of recent events on customer shopping behavior, key apparel retailers, and sectors. The market was valued at $201.6 billion in 2023 and is expected to grow at a CAGR of >5% during 2023-2028. In 2023, after two years of impressive growth propelled by pent-up demand post-pandemic, the global luxury apparel market began to taper as economic challenges in Europe and the US began to hit aspirational shoppers.
GlobalData's latest report offers a detailed analysis of the luxury apparel market with the impact of recent events on customer shopping behavior, key apparel retailers, and sectors. The market was valued at $201.6 billion in 2023 and is expected to grow at a CAGR of >5% during 2023-2028. In 2023, after two years of impressive growth propelled by pent-up demand post-pandemic, the global luxury apparel market began to taper as economic challenges in Europe and the US began to hit aspirational shoppers.
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