24 June 2024
24 June 2024
Despite its staggering £60.7bn contribution to the UK’s economy, the fashion industry is often overlooked and with the upcoming general election the sector desperately needs concrete policy commitments from potential leaders.
The Science Based Targets Initiative’s (SBTI) planned changes to its policy on the use of carbon credits in Scope 3 have sparked a backlash from fashion companies as well as climate campaigners – but what do the changes mean?
New research from Vlerick Business School found that consumers in South Korea and Singapore showed the highest willingness to pay for brands that prioritise "sustainability and inclusivity."
A new report by the Business & Human Rights Resource Centre (BHRRC) reveals that international fashion brands are failing to uphold their commitments to freedom of association in South and Southeast Asia's garment industry and ‘undermining’ independent trade unions through alternative structures.
Sports Direct owner, Frasers Group, has entered a new partnership with THG which sees it acquire the latter’s luxury brand portfolio including Coggles.
UK retail sales in May 2024 surged with clothing the beneficiary of an uplift thanks to better weather following a wet April.
Associated British Foods’ retail arm, Primark, will invest €40m in its Portuguese expansion, including four new stores, creating more than 500 new retail jobs.
Hemp fibre processor Panda Biotech has opened its Wichita Falls, Texas industrial hemp facility.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
GlobalData's latest report offers comprehensive insight and analysis of the childrenswear market and forecasts to 2028, the major players, the key trends, and consumer attitudes. Per our analysis, H&M was the market leader in 2023. Despite maintaining its leading position in the global childrenswear market, H&M has been losing share in recent years due to lackluster ranges and mass market prices, meaning it has lost out to cheaper, more exciting players such as Primark.
GlobalData's latest report offers comprehensive insight and analysis of the childrenswear market and forecasts to 2028, the major players, the key trends, and consumer attitudes. Per our analysis, H&M was the market leader in 2023. Despite maintaining its leading position in the global childrenswear market, H&M has been losing share in recent years due to lackluster ranges and mass market prices, meaning it has lost out to cheaper, more exciting players such as Primark.
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