Daily Newsletter

27 June 2024

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Daily Newsletter

27 June 2024

Share with colleague
Subscribe

Spotlight

Explainer: How circularity is reshaping the fashion supply chain

Fashion companies are being forced to reimagine their entire value chain operations from design to end-of-life but circular models come with both challenges and opportunities.

Latest news

IHKIB’s Kaya: Backward fashion supply chain is more sustainable

President of the Istanbul Textile and Apparel Exporter Association (IHKIB)'s sustainability committee Selcuk Mehmet Kaya explains solving fashion's sustainability crisis requires turning all assumptions about the supply chain, how it works and what profit means on its head.

27 June 2024

In data: Fashion to be ‘trillion-dollar industry’ by 2027

The global fashion market is expected to grow by almost 40% in the next three years to become a trillion-dollar industry according to new data from Stocklytics.com.

27 June 2024

Human rights group launches bid to block Shein London float

Shein has become the subject of a legal campaign launched by human rights group Stop Uyghur Genocide as it looks to block the ultrafast fashion giant's London float.

27 June 2024

Esprit in talks to offload Greater China arm

Clothing brand Esprit has revealed plans to exit China as it looks to inject cash into its ailing business.

27 June 2024

TrusTrace rolls out AI forced labour screening tool upgrade

Traceability and supply chain compliance platform TrusTrace has launched an upgrade to its AI-powered Forced Labor Prevention Solution (FLP) to help brands map out supply chains, screen for risk and gather evidence for regulatory compliance.

27 June 2024

H&M ‘lags behind Inditex’ despite reporting best Q2 profit in years

Swedish fashion retailer H&M described its Q2 results as its best for "many years," however an industry expert argues its performance remains far behind that of its main competitor Inditex.

27 June 2024

Levi Strauss attributes ‘strong’ Q2 to Direct to Consumer-first strategy

US clothing brand Levi Strauss & Co. (Levi) reported an 8% increase in revenue for Q2 with its president and CEO claiming its "transformational pivot" to operating as a direct to consumer-first company is yielding positive results globally.

27 June 2024