13 December 2024
13 December 2024
A study conducted by Source, Europe's premier forum for ethical sourcing within the fashion, home, gift, and garden sectors, sheds light on the shifting paradigms of UK retailers' and brands' sourcing strategies.
McKinsey & Co has outlined three essentials that can make or break apparel supply chains in 2025.
Textile-to-textile recycling non-profit Accelerating Circularity is on a mission to recycle 100 tonnes of used polyester textiles by 2026, but it explains the fashion industry must "lean in" and help with the complex transition from a linear supply chain to a circular one.
UK fashion retailer Boohoo is once again urging its shareholders to resist pressure from shareholder Frasers Group, which penned another open letter requesting the appointment of Mike Ashley and Mike Lennon as directors on its board.
Global trade union federation IndustriALL, along with its Moroccan affiliate, the National Union of Textiles, Garments, and Leather (SNTHC-CDT), is spearheading initiatives to tackle health and safety in Morocco’s textile sector in the wake of three factory fires in the country.
US clothing company G-III Apparel Group has reported its third quarter (Q3) of fiscal year 2025 (FY25) earnings surpassed expectations thanks to 30% growth in its core owned brands, including DKNY, Karl Lagerfeld, Donna Karan and Vilebrequin.
Luxury apparel and accessories brand Vince has reported a 4.7% decline in net sales to $80.12m in the third quarter (Q3) of fiscal 2024 (FY24), primarily due to decreased direct-to-consumer and wholesale sales within the brand.
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