14 October 2024
14 October 2024
Frasers has once again had a bid to acquire luxury brand Mulberry rebuffed after its majority shareholder, Challice, said it had no plans to sell.
The latest report by global advisory firm Oxford Economics revealed that the secondhand clothing industry not only "significantly" reduces the environmental impact of textile production but also contributes to economic value, employment, and a more sustainable and inclusive global economy.
The fashion industry is making strides on sustainability, but with COP29 fast approaching, it remains to be seen how far it has progressed on its climate commitments.
The global apparel industry needs to open itself to ideas from a variety of sources to strengthen its position, three young entrepreneurs have claimed.
Footwear is set to drive market growth in Türkiye from 2023 to 2028, fuelled by growing demand for a wider range of styles.
US retail sales dipped in September on a month-by-month comparison, however it is the time of year that is “historically soft for retail sales,” according to NRF president and CEO Matthew Shay.
Lectra has designed a new intelligent digital platform that automates and optimises apparel production processes, offering real-time data to streamline operations and reduce environmental impact.
Cotton sustainability initiative Better Cotton has launched an "ambitious" research project in India to identify best practices for empowering women and boosting their representation in the cotton farming sector.
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GlobalData's latest report offers comprehensive insight and analysis of the US apparel market, the major players, the key trends, and consumer attitudes. The market experienced muted growth in 2023 amid high inflation, though it is poised to increase slightly in 2024, as inflation eases and consumer sentiment begins to recover. In 2024, the online apparel market is projected to witness an uptick in demand, surpassing growth of the offline channel, as consumers appreciate the convenience of online shopping once again.
GlobalData's latest report offers comprehensive insight and analysis of the US apparel market, the major players, the key trends, and consumer attitudes. The market experienced muted growth in 2023 amid high inflation, though it is poised to increase slightly in 2024, as inflation eases and consumer sentiment begins to recover. In 2024, the online apparel market is projected to witness an uptick in demand, surpassing growth of the offline channel, as consumers appreciate the convenience of online shopping once again.
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