17 July 2024
17 July 2024
Frasers Group continues to increase its investment in German luxury brand Hugo Boss, making good on its promise to bolster its luxury portfolio. But will it ever be viewed as a luxury brand?
Source Fashion's sourcing director Suzanne Ellingham says the UK's new government risks damaging the country's own fashion sector if it supports ultra fast fashion giant Shein's listing on the UK stock exchange.
German sports retailer Puma has scaled its textile-to-textile recycling innovation RE:FIBRE to make all its replica football kits with a minimum of 75% recycled textile waste.
Industry onlookers are warning Adidas to pay attention to its apparel and accessories proposition as demand continues to wane, despite a surge in footwear sales during Q2 of FY24.
Former Whitbread executive Nigel Jones has assumed the position of chief operating officer at Primark and will be responsible for the business's supply chain operations.
Second quarter (Q2) earnings at German fashion brand Hugo Boss have dived 42% to €70m ($76.6m) on the back of softer sales trends.
US clothing sales dipped in June from a month earlier but were up year-over-year according to the latest data from the CNBC/NRF Retail Monitor as consumers continued to de-prioritise non-essential purchases.
Global Organic Textile Standard (GOTS) is rolling out a “groundbreaking” additional standard it has confirmed.
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