Explainer: Is Delta Apparel on the brink of bankruptcy?
Bankruptcy is a “very real possibility” for Delta Apparel, an industry expert has warned as product popularity wanes among consumers and the group moves to shutter factories.
20 June 2024
20 June 2024
Bankruptcy is a “very real possibility” for Delta Apparel, an industry expert has warned as product popularity wanes among consumers and the group moves to shutter factories.
Industry experts share emerging solutions that could solve the fashion industry's slow progress on fashion circularity.
Consumers from younger generations in emerging markets, such as Asia and the Middle East, are expected to drive future spending in the retail sector.
Inclusive size apparel retailer FullBeauty Brands has acquired online plus-sized retailer Avenue Stores from City Chic Collective Limited to expand its presence in the $81bn women's plus-size apparel market.
Swedish retail giant H&M Group has announced a new partnership and investment with zero-carbon heat and power provider Rondo Energy.
Through its initiative, the Regenerative Cotton Standard (RCS), The Aid by Trade Foundation (AbTF) has expanded beyond Africa to India and launched their first pilot project with 5,000 small-scale cotton farmers in Maharashtra.
The independent “Cradle-to-Gate” Life Cycle Assessment (LCA) evaluated five key environmental indicators and found that fibres made by biomaterials company AMSilk have a “significantly” reduced environmental footprint compared to traditional silk fibres.
Sustainability solutions provider Bluesign and the Sustainable Chemistry for the Textile Industry (SCTI) have donated their joint Sustainable Chemistry Index (SCI) methodology to the ZDHC Foundation to advance sustainable chemistry within the fashion and textile industry.
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