17 October 2024
17 October 2024
UK clothing and digital retailer N Brown Group is being acquired by Falcon 24 Topco Ltd (Bidco), a newly formed company owned by Joshua Alliance in a cash deal valued at £191m ($248m).
An “incredibly acquisitive” Frasers Group has confirmed it is investing in Hudson Malta, a premier retail and distribution business based in Malta with operations across 36 African countries, a move industry onlookers say will propel the retail conglomerate's growth internationally.
International Apparel Federation's (IAF) secretary general tells Just Style the fashion supply chain is constantly changing but price pressures and the impact of climate change mean the situation is only going to get worse.
UK clothing and footwear retailers could face a £140m ($182m) business rate increase next April despite inflation easing in the sector with industry leaders calling for a 20% reduction to alleviate pressure on British high streets.
Apparel factory owners are being urged to invest in technology as the return on investment is quick and the results are long-lasting.
The Ethical Trade Initiative (ETI) has mandated its members to publish their tier-one supplier lists directly on Open Supply Hub, aiming to enhance transparency.
Advanced biomaterials company AMSilk GmbH has partnered with Ajinomoto Foods Europe, a company with over 50 years of expertise in industrial fermentation, to collaboratively bio-manufacture silk proteins.
The Cradle to Cradle Products Innovation Institute has introduced C2C Certified Circularity, a new certification aimed at transforming sustainable product design by promoting circular economy practices.
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