05 September 2024
05 September 2024
Asos has agreed to a joint venture agreement with investor group Heartland for its Topshop and Topman brands, a move which may allow it more breathing space to focus on its core portfolio.
The US' National Foreign Trade Council (NFTC) believes a more tailored and comprehensive customs modernisation legislation as opposed to limiting de minimis entirely will prevent unintended consequences for the US apparel sector and beyond.
A report from GlobalData shows some of the world’s biggest fashion retailers and brands – including Spain’s Inditex – are looking at demographic changes, with the theme repeatedly appearing in company filings.
Two members of the US Consumer Product Safety Commission (CPSC) have called for the organisation to investigate online retailers Shein and Temu as they allege “deadly baby and toddler products” have been sold on both sites.
The National Retail Federation (NRF) has issued a second call for the International Longshoremen’s Association and the United States Maritime Alliance to resume contract negotiations before the September 30 deadline.
Primark owner Associated British Foods (ABF) has issued a sales warning, expecting H2 FY24 sales in the UK to be around 0.5% lower, citing unfavourable weather which resulted in lower footfall and particularly impacted sales of seasonal lines.
The Hong Kong Research Institute of Textiles and Apparel (HKRITA) and the H&M Foundation have officially launched the Open Lab, a new initiative aimed at advancing sustainable practices within the textile and fashion industries.
Ted Baker's owner Authentic Brands Group has announced its US partner United Legwear & Apparel Co. (ULAC) will manage the brand's e-commerce operations in the UK and Europe as well as the US and Canada with a relaunch expected this autumn.
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