Can plastic bags be sustainable- Fashion for Good aims to find out
The organization, together with several major brands including Adidas, C&A, Kering, Otto Group and PVH Corp, has launched ‘The Circular Polybag Pilot,’ which aims to “close the loop”…
Céline to open second atelier in Tuscany
The brand, created in 1945 by Céline Vipiana and now helmed by creative director Phoebe Philo, will double the number of its production entities in the Italian region…
Fashion overtakes food on European stock markets
LVMH’s market capitalisation reached 271 billion euros ($328 billion) in midday trading, putting it ahead of Nestle’s 265 billion.LVMH is comprised of the leather goods maker Louis Vuitton…
Amazon publishes French taxes after accusations of underpayment
France has been at the forefront of efforts to tighten taxation of multinational digital giants and parliament infuriated the administration of US President Donald Trump in July by…
Bangladesh garment factory blast raises fresh concerns over workers’ safety
“Nine people were killed in the blast and one died in hospital,” fire service official Palash Chandra Modak said.The firm supplies knitted apparel to clients in Sweden, Denmark,…
‘Respectable’ festive sales expected in UK, fashion to benefit says Mintel
Not that it could ignore Black Friday altogether and it said that last year, 39% of consumers bought something during the Black Friday promotions (with almost half of…
No Christmas cheer for fashion firms in never-ending sales
This has left investors worried whether recent profit warnings, which have spread to online players such as British online store ASOS from bricks-and-mortar retailers, may be a taste…
Leading thread manufacturer Coats enters FTSE 250 list
Coats, which was a founding member of the FT 30 index created in 1935 and was also once the third largest company in the world, has undergone significant…
Swedfund to pilot new textile factory in Ethiopia
Swedish clothing major H&M will be a long time buyer and support with expert knowledge in sustainable textile production, Swedfund said in a press release.“The factory will be…
UK shoppers shrug off inflation pressure as sun comes out
It was good news for the beleaguered fashion sector. Year-on-year, textile, clothing and footwear stores saw sales volumes up 5.1 percent and values rising 7.5 percent, the latter figure…