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UK online fast fashion retailer Boohoo Group has confirmed it is in talks with the administrators of Arcadia to potentially snap up the Dorothy Perkins, Wallis, and Burton brands, less than a week after inking a deal to acquire the global rights to the Debenhams brands and websites for GBP55m (US$75.2m).
Jumat, 29 Januari 2021
Garment manufacturers remain hardest hit by Covid-19
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Garment manufacturing continues to be the industry most severely affected by fallout from the coronavirus pandemic, with new research suggesting 86% of businesses have seen a drop in orders.
Garment manufacturing continues to be the industry most severely affected by fallout from the coronavirus pandemic, with new research suggesting 86% of businesses have seen a drop in orders.
Five universal policy goals to scale circular economy
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The Ellen MacArthur Foundation has outlined five universal policy goals to help governments and businesses move towards a circular economy and offers solutions to key global challenges such as climate change, biodiversity loss and pollution.
The Ellen MacArthur Foundation has outlined five universal policy goals to help governments and businesses move towards a circular economy and offers solutions to key global challenges such as climate change, biodiversity loss and pollution.
H&M must focus on digital in its mature markets to safeguard sales
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H&M's revenue and operating profit have been significantly affected by the Covid-19 pandemic as its online proposition proved unable to make up for lost store sales.
H&M's revenue and operating profit have been significantly affected by the Covid-19 pandemic as its online proposition proved unable to make up for lost store sales.
Inditex joins new MIT consortium to fight climate change
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Fashion giant Inditex is joining industry leaders including Apple, Accenture, Boeing, IBM and PepsiCo in a new cross-sector initiative to try to find a solution to the global climate crisis.
Fashion giant Inditex is joining industry leaders including Apple, Accenture, Boeing, IBM and PepsiCo in a new cross-sector initiative to try to find a solution to the global climate crisis.
Kering conservation fund to scale regenerative farming
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French luxury goods group Kering has partnered with Conservation International to launch a new fund that aims to turn 1m hectares of farms and landscapes producing raw materials in fashion supply chains to regenerative agricultural practices over the next five years.
French luxury goods group Kering has partnered with Conservation International to launch a new fund that aims to turn 1m hectares of farms and landscapes producing raw materials in fashion supply chains to regenerative agricultural practices over the next five years.
Online sales help offset Joules H1 store closures
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British clothing retailer Joules has posted profits that were ahead of the board's expectations for the first half, but strong digital demand was unable to offset a fall in sales and profits.
British clothing retailer Joules has posted profits that were ahead of the board's expectations for the first half, but strong digital demand was unable to offset a fall in sales and profits.
Top stories this week on just-style...
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Top stories this week on just-style include strategies to future-proof sporting goods supply chains, and a look at what Boohoo's acquisition of Debenhams means for the future of department stores. Elsewhere, the Better Buying Institute has outlined a series of steps to help buyers improve their design and development purchasing practices, and US apparel groups have urged Congressional leaders to take decisive action on imports from Xinjiang.
Top stories this week on just-style include strategies to future-proof sporting goods supply chains, and a look at what Boohoo's acquisition of Debenhams means for the future of department stores. Elsewhere, the Better Buying Institute has outlined a series of steps to help buyers improve their design and development purchasing practices, and US apparel groups have urged Congressional leaders to take decisive action on imports from Xinjiang.
Centric PLM adds new 3D CAD connector capabilities
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Centric Software is enhancing its 3D PLM capabilities with the addition of a connector for Dassault Systèmes Solidworks 3D design platform.
Centric Software is enhancing its 3D PLM capabilities with the addition of a connector for Dassault Systèmes Solidworks 3D design platform.
Freudenberg develops adaptive thermal insulation
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Nonwovens supplier Freudenberg Performance Materials Apparel will unveil two new solutions for the sports and outdoor apparel sector at the upcoming digital edition of ISPO Munich.
Nonwovens supplier Freudenberg Performance Materials Apparel will unveil two new solutions for the sports and outdoor apparel sector at the upcoming digital edition of ISPO Munich.
New Sewfree seam film made from renewable material
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Bemis Associates, a manufacturer of thermoplastic films, tapes, and adhesives for bonding, has partnered with DuPont Tate & Lyle Bio Products to launch its first Sewfree product made using renewable material.
Bemis Associates, a manufacturer of thermoplastic films, tapes, and adhesives for bonding, has partnered with DuPont Tate & Lyle Bio Products to launch its first Sewfree product made using renewable material.
Augusta Sportswear Brands boosts speed with PLM
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Performance and athletic apparel maker Augusta Sportswear Brands says it has streamlined its operations after investing in a new Product Lifecycle Management (PLM) solution.
Performance and athletic apparel maker Augusta Sportswear Brands says it has streamlined its operations after investing in a new Product Lifecycle Management (PLM) solution.
Kamis, 28 Januari 2021
US apparel groups urge "clear and decisive action" on Xinjiang
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The US apparel, footwear and retail sectors have reiterated their call, in a letter to Congress, for zero tolerance of forced labour in the Xinjiang Uyghur Autonomous Region (XUAR), urging "quick, clear, implementable and decisive action".
The US apparel, footwear and retail sectors have reiterated their call, in a letter to Congress, for zero tolerance of forced labour in the Xinjiang Uyghur Autonomous Region (XUAR), urging "quick, clear, implementable and decisive action".
Levi Strauss sales decline alleviated by digital and DTC
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Jeans giant Levi Strauss & Co has posted a sequential sales improvement in the fourth quarter, with results for the final three months of the year coming in ahead of the company's expectations.
Jeans giant Levi Strauss & Co has posted a sequential sales improvement in the fourth quarter, with results for the final three months of the year coming in ahead of the company's expectations.
BlackRock issues warning to CEOs on emissions goal
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Global asset management firm BlackRock is urging CEOs and clients to commit to a 2050 net zero emissions goal, warning it may withdraw investment from any laggards.
Global asset management firm BlackRock is urging CEOs and clients to commit to a 2050 net zero emissions goal, warning it may withdraw investment from any laggards.
Steps to improve design and development purchasing practices
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The Better Buying Institute has used feedback from suppliers to set out steps to help brands and retailers improve their purchasing practices related to design, development and calendar management.
The Better Buying Institute has used feedback from suppliers to set out steps to help brands and retailers improve their purchasing practices related to design, development and calendar management.
More than 350k jobs have been lost in Bangladesh RMG sector
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More than 350,000 workers in Bangladesh's ready-made garment sector have lost their jobs during the coronavirus pandemic, new figures suggest, with many workers laid off without proper compensation.
More than 350,000 workers in Bangladesh's ready-made garment sector have lost their jobs during the coronavirus pandemic, new figures suggest, with many workers laid off without proper compensation.
Levi Strauss & Co in Q4 beat despite 12% sales fall
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Jeans giant Levi Strauss & Co has posted a sequential sales improvement in the fourth quarter with results for the final three months of the year coming in ahead of the company's expectations.
Jeans giant Levi Strauss & Co has posted a sequential sales improvement in the fourth quarter with results for the final three months of the year coming in ahead of the company's expectations.
Lidl ramps up use of Cotton made in Africa
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German discount chain Lidl is making a major move to use sustainable cotton from Africa in the production of its own textile brands.
German discount chain Lidl is making a major move to use sustainable cotton from Africa in the production of its own textile brands.
Hyosung expands Regen range to include 100% recycled fibres
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South Korean fibre giant Hyosung has expanded its Regen sustainability offering to include 100% recycled multi-functional fibres.
South Korean fibre giant Hyosung has expanded its Regen sustainability offering to include 100% recycled multi-functional fibres.
Kraig Biocraft agrees SpydaSilk apparel joint venture
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Kraig Biocraft Laboratories, the developer of spider silk based fibres, has formed a joint venture with eco-friendly streetwear brand MtheMovement to use its technologies in a new apparel line.
Kraig Biocraft Laboratories, the developer of spider silk based fibres, has formed a joint venture with eco-friendly streetwear brand MtheMovement to use its technologies in a new apparel line.
C&A picks PLM to transform product development in Brazil
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C&A, one of the largest fashion retail chains in the world with more than 1,800 units in 24 countries in Europe, Latin America and Asia, has invested in a new Product Lifecycle Management (PLM) solution to help transform how products are developed and brought to market in Brazil.
C&A, one of the largest fashion retail chains in the world with more than 1,800 units in 24 countries in Europe, Latin America and Asia, has invested in a new Product Lifecycle Management (PLM) solution to help transform how products are developed and brought to market in Brazil.
Coats joins Ellen MacArthur Foundation
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Industrial thread maker Coats has become a member of the Ellen MacArthur Foundation Network, which is working to accelerate the transition to a circular economy.
Industrial thread maker Coats has become a member of the Ellen MacArthur Foundation Network, which is working to accelerate the transition to a circular economy.
Columbia Sportswear names first digital information chief
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Outdoor and activewear maker Columbia Sportswear has appointed former Nike executive Skip Potter to the newly created role of executive vice president, chief digital information officer.
Outdoor and activewear maker Columbia Sportswear has appointed former Nike executive Skip Potter to the newly created role of executive vice president, chief digital information officer.
Sudan rejoins International Cotton Advisory Committee
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Sudan has rejoined the International Cotton Advisory Council (ICAC), becoming its 29th member and twelfth in Africa.
Sudan has rejoined the International Cotton Advisory Council (ICAC), becoming its 29th member and twelfth in Africa.
Rabu, 27 Januari 2021
H&M and Lee partner on sustainable denim line
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Swedish fashion retailer H&M has partnered with denim giant Lee to launch what they claim is the next generation of more sustainable denim, with advances at every stage of design and production.
Swedish fashion retailer H&M has partnered with denim giant Lee to launch what they claim is the next generation of more sustainable denim, with advances at every stage of design and production.
The post-pandemic global garment industry
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It appears that most garment professionals believe that once we are past the virus pandemic, our industry will return to business as usual. However, what if rather than causing the current problems, the pandemic is at most a catalyst that has exacerbated pre-existing downward trends, asks David Birnbaum.
It appears that most garment professionals believe that once we are past the virus pandemic, our industry will return to business as usual. However, what if rather than causing the current problems, the pandemic is at most a catalyst that has exacerbated pre-existing downward trends, asks David Birnbaum.
Cambodia urged to upskill garment sector to Industry 4.0 level
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A study from the Asian Development Bank (ADB) has suggested Cambodia should consider developing industry transformation maps in key sectors to enable the transition to the Fourth Industrial Revolution (4IR) with adequate investment in skills development for new and repositioned jobs.
A study from the Asian Development Bank (ADB) has suggested Cambodia should consider developing industry transformation maps in key sectors to enable the transition to the Fourth Industrial Revolution (4IR) with adequate investment in skills development for new and repositioned jobs.
H&M, Lee partner on next generation sustainable denim
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Swedish fashion retailer H&M has partnered with denim giant Lee to launch what they claim is the next generation of more sustainable denim, with advances at every stage of design and production.
Swedish fashion retailer H&M has partnered with denim giant Lee to launch what they claim is the next generation of more sustainable denim, with advances at every stage of design and production.
Tesco launches first sustainability-linked bond of EUR750m
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UK supermarket retailer Tesco has launched a bond that, for the first time, is linked to the company's commitment to reduce greenhouse gas emissions.
UK supermarket retailer Tesco has launched a bond that, for the first time, is linked to the company's commitment to reduce greenhouse gas emissions.
Quiz takes 73% sales hit in H1 as Covid bites
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Quiz saw sales plummet 73% in the first half as restrictions related to the Covid-19 pandemic saw stores forced to close and demand for occasionwear wane.
Quiz saw sales plummet 73% in the first half as restrictions related to the Covid-19 pandemic saw stores forced to close and demand for occasionwear wane.
Cambodia approves $16m garment investment projects
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Three investment projects for new garment factories totalling around US$16.6m and creating nearly 2,500 jobs have been given the go-ahead in Cambodia.
Three investment projects for new garment factories totalling around US$16.6m and creating nearly 2,500 jobs have been given the go-ahead in Cambodia.
Allied Feather + Down develops quick-drying down insulation
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Allied Feather + Down has developed a chemical-free, fast-drying, anti-microbial down insulation that is said to retain performance and reduce energy consumption.
Allied Feather + Down has developed a chemical-free, fast-drying, anti-microbial down insulation that is said to retain performance and reduce energy consumption.
Rocky Brands to acquire Honeywell footwear business
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US apparel and footwear company Rocky Brands has struck a deal to acquire the performance and lifestyle footwear business of Honeywell International, including The Original Muck Boot Company and Xtratuf footwear brands, for US$230m.
US apparel and footwear company Rocky Brands has struck a deal to acquire the performance and lifestyle footwear business of Honeywell International, including The Original Muck Boot Company and Xtratuf footwear brands, for US$230m.
PrimaLoft adds recycled content to Cross Core insulation
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Performance fabric specialist PrimaLoft is increasing the use of post-consumer recycled content in its high-performance Cross Core insulations.
Performance fabric specialist PrimaLoft is increasing the use of post-consumer recycled content in its high-performance Cross Core insulations.
Selasa, 26 Januari 2021
More agile supply chains will reshape sporting goods sector
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Future-proofing sporting goods supply chains requires bold strategies, with a raised bar on agility, stronger supply chain partnerships, and near-shoring among top options being considered by industry executives.
Future-proofing sporting goods supply chains requires bold strategies, with a raised bar on agility, stronger supply chain partnerships, and near-shoring among top options being considered by industry executives.
Biden signs 'Made in America' executive order
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US President Joe Biden has signed an executive order aimed at strengthening domestic manufacturing and US supply chains in government procurement.
US President Joe Biden has signed an executive order aimed at strengthening domestic manufacturing and US supply chains in government procurement.
Biden signs 'Made in America' order to strengthen supply chains
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US President Joe Biden has signed an executive order aimed at strengthening domestic manufacturing and US supply chains; a move applauded by the textile industry.
US President Joe Biden has signed an executive order aimed at strengthening domestic manufacturing and US supply chains; a move applauded by the textile industry.
9 ways the fashion industry can take corporate climate action
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Tackling supply chain emissions can be revolutionary in the global fight against climate change, a new report has found, with the fashion industry among the eight supply chains accounting for more than half of all global greenhouse gas emissions.
Tackling supply chain emissions can be revolutionary in the global fight against climate change, a new report has found, with the fashion industry among the eight supply chains accounting for more than half of all global greenhouse gas emissions.
US urged to hold online marketplaces liable for fakes
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Online marketplaces could be held liable for fakes sold on their platforms, should a call for the introduction of legislation for secondary trademark infringement liability in the US be heeded by government.
Online marketplaces could be held liable for fakes sold on their platforms, should a call for the introduction of legislation for secondary trademark infringement liability in the US be heeded by government.
Project to scale resource-efficient cotton farming
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A new two-year project has launched to pilot what is described as a radically resource-efficient cotton farming technology, with the goal of ultimately scaling the solution in key regions where cotton agriculture is challenged by limited resources such as water and few solutions for pest control.
A new two-year project has launched to pilot what is described as a radically resource-efficient cotton farming technology, with the goal of ultimately scaling the solution in key regions where cotton agriculture is challenged by limited resources such as water and few solutions for pest control.
Serai launches raw material traceability solution
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HSBC's invitation-only apparel trade platform Serai has strengthened its offering with the launch of a traceability solution that allows businesses to track cotton and other raw material going into their product.
HSBC's invitation-only apparel trade platform Serai has strengthened its offering with the launch of a traceability solution that allows businesses to track cotton and other raw material going into their product.
US, EU textile industries urge suspension of tariffs
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More than 70 US and European trade associations, including those from the footwear and apparel sectors, have issued an urgent call to their governments to remove or suspend tariffs related to the civil aircraft, steel and aluminium disputes, which they say are harming industries.
More than 70 US and European trade associations, including those from the footwear and apparel sectors, have issued an urgent call to their governments to remove or suspend tariffs related to the civil aircraft, steel and aluminium disputes, which they say are harming industries.
JD Sports explores funding options to fuel expansion
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UK sports retailer JD Sports has confirmed it is exploring additional funding options to allow it to invest in future strategic opportunities, as reports surfaced it is in talks for a GBP400m (US$547.9m) share sale as it eyes further expansion opportunities.
UK sports retailer JD Sports has confirmed it is exploring additional funding options to allow it to invest in future strategic opportunities, as reports surfaced it is in talks for a GBP400m (US$547.9m) share sale as it eyes further expansion opportunities.
New vegan verification test launches for apparel
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Eurofins Chem-MAP, a provider of chemical management testing and auditing services, has developed a new Vegan Society-registered verification testing programme created specifically for the apparel and footwear sector.
Eurofins Chem-MAP, a provider of chemical management testing and auditing services, has developed a new Vegan Society-registered verification testing programme created specifically for the apparel and footwear sector.
Blockchain solution to trace Australian wool chain of custody
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Australian Wool Innovation (AWI), the research, development and marketing organisation for the Australian wool industry, has partnered with blockchain firm Everledger to trace the wool chain of custody from farm to consumer.
Australian Wool Innovation (AWI), the research, development and marketing organisation for the Australian wool industry, has partnered with blockchain firm Everledger to trace the wool chain of custody from farm to consumer.
NRF names sustainability vice president
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The National Retail Federation (NRF) has hired Scot Case as vice president for corporate social responsibility (CSR) and sustainability.
The National Retail Federation (NRF) has hired Scot Case as vice president for corporate social responsibility (CSR) and sustainability.
Senin, 25 Januari 2021
Debenhams deal casts doubt on the future of department stores - What the analysts say
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UK online fast fashion retailer Boohoo Group is set to acquire the global rights to the Debenhams brands and its websites in a GBP55m (US$75.2m) deal as it steps closer to achieving its goal of creating the UK's largest marketplace. The move will help it grow into new categories including beauty, sport, and homeware and raises the question of the relevance of traditional department stores in a post-pandemic environment.
UK online fast fashion retailer Boohoo Group is set to acquire the global rights to the Debenhams brands and its websites in a GBP55m (US$75.2m) deal as it steps closer to achieving its goal of creating the UK's largest marketplace. The move will help it grow into new categories including beauty, sport, and homeware and raises the question of the relevance of traditional department stores in a post-pandemic environment.
International Apparel Federation sets out priority issues for 2021
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The International Apparel Federation (IAF) has outlined six key issues that it intends to focus on in the year ahead to help strengthen garment supply chains and move towards a stronger, smarter and more sustainable industry.
The International Apparel Federation (IAF) has outlined six key issues that it intends to focus on in the year ahead to help strengthen garment supply chains and move towards a stronger, smarter and more sustainable industry.
Asos in exclusive talks to buy Arcadia brands
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UK online fast fashion retailer Asos is said to be the frontrunner to acquire the Topshop, Topman and Miss Selfridge brands from retail giant Arcadia.
UK online fast fashion retailer Asos is said to be the frontrunner to acquire the Topshop, Topman and Miss Selfridge brands from retail giant Arcadia.
American Eagle to close over 200 stores under new strategy
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US apparel brand American Eagle Outfitters Inc has outlined plans to close more than 200 of its namesake branded stores, while growing its Aerie brand in order to hit revenues of US$2bn.
US apparel brand American Eagle Outfitters Inc has outlined plans to close more than 200 of its namesake branded stores, while growing its Aerie brand in order to hit revenues of US$2bn.
Lawmakers call for US textile manufacturing support for PPE
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Two US lawmakers are calling on President Joe Biden to prioritise purchasing 'Made in America' Personal Protective Equipment (PPE) and have highlighted the efforts of the country's textile industry in ramping up production during the pandemic.
Two US lawmakers are calling on President Joe Biden to prioritise purchasing 'Made in America' Personal Protective Equipment (PPE) and have highlighted the efforts of the country's textile industry in ramping up production during the pandemic.
ZDHC expands wastewater guidelines to include leather
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The ZDHC Foundation, which is working to reduce the textile and clothing industry's chemical footprint, has expanded the scope of its wastewater guidelines to include leather.
The ZDHC Foundation, which is working to reduce the textile and clothing industry's chemical footprint, has expanded the scope of its wastewater guidelines to include leather.
Mothercare expects "small" FY loss amid shift to AIM
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UK mother and baby goods retailer Mothercare expects to make a small EBITDA loss for the full year as it prepares to delist from the main market amid a move to the AIM.
UK mother and baby goods retailer Mothercare expects to make a small EBITDA loss for the full year as it prepares to delist from the main market amid a move to the AIM.
Adidas, Kering among top 100 most sustainable firms
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French luxury goods group Kering and German sporting goods giant Adidas have been named among the most sustainable companies in the world in the Corporate Knights 2021 annual Global 100 ranking.
French luxury goods group Kering and German sporting goods giant Adidas have been named among the most sustainable companies in the world in the Corporate Knights 2021 annual Global 100 ranking.
DBT Fibre to bring Polylana to Europe
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Dutch clean-tech startup The Movement - maker of Polylana Fiber - has announced a partnership with Italy's DBT Fibre to accelerate the use of low-impact and traceable fibres for the European fashion and textile market.
Dutch clean-tech startup The Movement - maker of Polylana Fiber - has announced a partnership with Italy's DBT Fibre to accelerate the use of low-impact and traceable fibres for the European fashion and textile market.
Debenhams deal questions future of department stores - What the analysts say
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UK online fast fashion retailer Boohoo Group is set to acquire the global rights to the Debenhams brands and its websites in a GBP55m (US$75.2m) deal as it steps closer to achieving its goal of creating the UK's largest marketplace. The move will help it grow into new categories including beauty, sport, and homeware and raises the question of the relevance of traditional department stores in a post-pandemic environment.
UK online fast fashion retailer Boohoo Group is set to acquire the global rights to the Debenhams brands and its websites in a GBP55m (US$75.2m) deal as it steps closer to achieving its goal of creating the UK's largest marketplace. The move will help it grow into new categories including beauty, sport, and homeware and raises the question of the relevance of traditional department stores in a post-pandemic environment.
Boohoo strikes GBP55m deal to acquire Debenhams brand
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UK online fast fashion retailer Boohoo Group has inked a deal to buy the Debenhams brand for GBP55m (US$75.2m) in a move aimed at furthering its ambition to create the UK's largest marketplace and grow into new categories including beauty, sport, and homeware.
UK online fast fashion retailer Boohoo Group has inked a deal to buy the Debenhams brand for GBP55m (US$75.2m) in a move aimed at furthering its ambition to create the UK's largest marketplace and grow into new categories including beauty, sport, and homeware.
ULAC snaps up kidswear specialist TicTacToe
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United Legwear & Apparel Co. (ULAC) has acquired TicTacToe, a brand of infant, toddler, and children's legwear, accessories, and apparel.
United Legwear & Apparel Co. (ULAC) has acquired TicTacToe, a brand of infant, toddler, and children's legwear, accessories, and apparel.
Jumat, 22 Januari 2021
UK to launch new national circular economy research hub
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A British university is launching a research hub to help spearhead national efforts to create a sustainable, circular economy where fewer resources are used and more waste materials are reused - with the potential to deliver huge benefits to the environment and UK economy.
A British university is launching a research hub to help spearhead national efforts to create a sustainable, circular economy where fewer resources are used and more waste materials are reused - with the potential to deliver huge benefits to the environment and UK economy.
Sales at UK clothing stores saw record decline in 2020
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UK clothing stores were hardest hit by retail restrictions in 2020, new figures show, with the sector reporting a 25.1% slump in sales volumes - which was also the largest year-on-year fall on record for the sector.
UK clothing stores were hardest hit by retail restrictions in 2020, new figures show, with the sector reporting a 25.1% slump in sales volumes - which was also the largest year-on-year fall on record for the sector.
Fashion brands accused of failing to protect worker rights
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Non-enforceable initiatives and voluntary commitments by garment brands have failed to protect workers' human rights, according to a new report that is calling for mandatory and comprehensive human rights due diligence covering the entire value chain.
Non-enforceable initiatives and voluntary commitments by garment brands have failed to protect workers' human rights, according to a new report that is calling for mandatory and comprehensive human rights due diligence covering the entire value chain.
John Lewis ups FY profit guidance
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Department store operator John Lewis Partnership has raised its full-year profit forecast on the back of a better than expected festive trading season
Department store operator John Lewis Partnership has raised its full-year profit forecast on the back of a better than expected festive trading season
India must upskill garment workers to boost exports
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India's vice president has urged the upskilling of textile and apparel workers and the adoption of the latest technologies so the country can become more competitive in exports and capture a bigger share of the global market.
India's vice president has urged the upskilling of textile and apparel workers and the adoption of the latest technologies so the country can become more competitive in exports and capture a bigger share of the global market.
Cordura boosts speed with digital fabric finder
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Invista's high-performance Cordura fibre brand has launched a digital fabric library to help customers select from an assortment of more than 500 Cordura certified fabrics.
Invista's high-performance Cordura fibre brand has launched a digital fabric library to help customers select from an assortment of more than 500 Cordura certified fabrics.
Bestseller's Jack & Jones to launch womenswear brand
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Danish fashion retailer Bestseller has revealed plans to launch a new womenswear label as a spin-off of its Jack & Jones menswear brand.
Danish fashion retailer Bestseller has revealed plans to launch a new womenswear label as a spin-off of its Jack & Jones menswear brand.
Athleta in plus-size drive
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The Athleta athletic apparel brand is rolling out a major plan for plus-size customers, with 70% of its collection available in sizes 1X-3X for spring 2021.
The Athleta athletic apparel brand is rolling out a major plan for plus-size customers, with 70% of its collection available in sizes 1X-3X for spring 2021.
H&M innovation lab to pilot digital fitting rooms
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The Berlin-based innovation lab of fashion retailer H&M Hennes & Mauritz is backing research to develop a virtual fitting solution that will enable customers to try out clothing on their own individual avatars.
The Berlin-based innovation lab of fashion retailer H&M Hennes & Mauritz is backing research to develop a virtual fitting solution that will enable customers to try out clothing on their own individual avatars.
Curtsy raises $11m to scale Gen Z clothing resell app
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An app that lets women buy and sell clothing, shoes, and accessories from their phones has raised US$11m in Series A funding to help scale its business.
An app that lets women buy and sell clothing, shoes, and accessories from their phones has raised US$11m in Series A funding to help scale its business.
Top stories this week on just-style...
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Top stories on just-style this week include reports on how the apparel sourcing landscape likely to shift in 2021, why Joe Biden's inauguration could help stabilise the US clothing industry, and the move by VF Corp to disclose its tier 4 supplier information.
Top stories on just-style this week include reports on how the apparel sourcing landscape likely to shift in 2021, why Joe Biden's inauguration could help stabilise the US clothing industry, and the move by VF Corp to disclose its tier 4 supplier information.
Design Studio Group to set up US$3m factory in Sri Lanka
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Mila Fashion, part of Sri Lanka's Design Studio Group, has agreed with the country's board of investment to set up a new apparel manufacturing plant in the northern province of Welioya.
Mila Fashion, part of Sri Lanka's Design Studio Group, has agreed with the country's board of investment to set up a new apparel manufacturing plant in the northern province of Welioya.
HanesBrands taps new group president for global innerwear
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Apparel maker HanesBrands has named Joe Cavaliere to the newly created role of group president, global innerwear.
Apparel maker HanesBrands has named Joe Cavaliere to the newly created role of group president, global innerwear.
Bonneterie Chanteclair re-tools its supply chain
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French knitwear manufacturer Bonneterie Chanteclair has digitally transformed its supply chain in order to keep up with high demand for protective facemasks.
French knitwear manufacturer Bonneterie Chanteclair has digitally transformed its supply chain in order to keep up with high demand for protective facemasks.
Kamis, 21 Januari 2021
Walmart Foundation injects $1.2m into Accelerating Circularity
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The Walmart Foundation has pumped US$1.2m into Accelerating Circularity for its circular textile-to-textile systems trials using spent textiles generated on the East Coast of the US.
The Walmart Foundation has pumped US$1.2m into Accelerating Circularity for its circular textile-to-textile systems trials using spent textiles generated on the East Coast of the US.
Creating a new vision for UK fashion and manufacturing
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A group of fashion, business and economic experts are joining forces to push the UK government to ensure the fashion and manufacturing industries aren't overlooked post-Brexit and mid-pandemic when it comes to import costs, the freedom of movement of people and goods, and retaining garment worker skills.
A group of fashion, business and economic experts are joining forces to push the UK government to ensure the fashion and manufacturing industries aren't overlooked post-Brexit and mid-pandemic when it comes to import costs, the freedom of movement of people and goods, and retaining garment worker skills.
Joules among M&S' four new guest brands?
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Marks & Spencer is reportedly looking to onboard Joules, Phase Eight, Hobbs, and Seasalt as its next third-party brands.
Marks & Spencer is reportedly looking to onboard Joules, Phase Eight, Hobbs, and Seasalt as its next third-party brands.
H&M's Arket brand to rent out childrenswear
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Swedish fashion retailer H&M Group's Arket brand will start renting out childrenswear this month as part of a bid to encourage reuse and re-wear.
Swedish fashion retailer H&M Group's Arket brand will start renting out childrenswear this month as part of a bid to encourage reuse and re-wear.
Australia Wool 2030 strategy to tackle key industry issues
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Australian Wool Innovation (AWI), the research, development and marketing organisation for the Australian wool industry, has published its Wool 2030 strategy to helping stakeholders make more informed decisions and adopt more sustainable practices.
Australian Wool Innovation (AWI), the research, development and marketing organisation for the Australian wool industry, has published its Wool 2030 strategy to helping stakeholders make more informed decisions and adopt more sustainable practices.
ReCircled buys Circularity to boost take-back vision
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US industrial sustainability company ReCircled, which serves the textile, apparel and footwear sectors, has acquired Circularity, a digital sustainability intelligence technology firm.
US industrial sustainability company ReCircled, which serves the textile, apparel and footwear sectors, has acquired Circularity, a digital sustainability intelligence technology firm.
Pentland Brands hires first "positive business" director
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Pentland Brands has appointed its first positive business director to drive the company's strategy to deliver on its commitment to take action for people and the planet.
Pentland Brands has appointed its first positive business director to drive the company's strategy to deliver on its commitment to take action for people and the planet.
Citi Trends to open 100 new stores amid positive holiday sales
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Value priced fashion retailer Citi Trends has outlined plans to open 100 new stores and remodel 150 others, as it revealed holiday sales that significantly exceeded company expectations.
Value priced fashion retailer Citi Trends has outlined plans to open 100 new stores and remodel 150 others, as it revealed holiday sales that significantly exceeded company expectations.
Australia Wool 2030 strategy seeks improved communication
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Industry organisation Australian Wool Innovation (AWI) has published its Wool 2030 strategy, aimed at helping stakeholders make more informed decisions and adopt more sustainable practices.
Industry organisation Australian Wool Innovation (AWI) has published its Wool 2030 strategy, aimed at helping stakeholders make more informed decisions and adopt more sustainable practices.
NRF June show to take place virtually once again
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The National Retail Federation (NRF) will host Retail's Big Show - Chapter 2 virtually in June instead of in a physical format, as planned, since the venue it had chosen for the event will be used as a Covid vaccination hub for New York residents.
The National Retail Federation (NRF) will host Retail's Big Show - Chapter 2 virtually in June instead of in a physical format, as planned, since the venue it had chosen for the event will be used as a Covid vaccination hub for New York residents.
Jimmy Choo launches London Fashion Academy
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Footwear pioneer Professor Jimmy Choo has announced the launch of a new higher education fashion academy in London, which is set to develop the next wave of global fashion designers.
Footwear pioneer Professor Jimmy Choo has announced the launch of a new higher education fashion academy in London, which is set to develop the next wave of global fashion designers.
Teijin establishes European sustainable tech hub
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Polyester fibres and products producer Teijin Limited has established a new research and development facility in the Netherlands, tasked with developing technologies for a more sustainable world.
Polyester fibres and products producer Teijin Limited has established a new research and development facility in the Netherlands, tasked with developing technologies for a more sustainable world.
Pentland Brands names first positive business director
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Pentland Brands has appointed its first positive business director to drive the company's strategy to deliver on its commitment to take action for people and the planet.
Pentland Brands has appointed its first positive business director to drive the company's strategy to deliver on its commitment to take action for people and the planet.
Rabu, 20 Januari 2021
US puts pressure on China with genocide accusation
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The outgoing Trump administration has declared that the Chinese government is committing genocide against the predominantly Muslim Uyghurs and other ethnic and religious minority groups in Xinjiang.
The outgoing Trump administration has declared that the Chinese government is committing genocide against the predominantly Muslim Uyghurs and other ethnic and religious minority groups in Xinjiang.
How might the new Biden administration affect apparel?
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After the rollercoaster ride of the previous administration, Joe Biden's long-awaited inauguration today (20 January) could signal more stability for an apparel industry that has been through the mill over the last four years.
After the rollercoaster ride of the previous administration, Joe Biden's long-awaited inauguration today (20 January) could signal more stability for an apparel industry that has been through the mill over the last four years.
Polyester fibres from clothing pervasive in the Arctic Ocean
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Polyester fibres account for almost three-quarters of the microplastic pollution in the Arctic Ocean, according to a study that raises new concerns about the role that textiles, laundry and wastewater discharge has in the contamination of the world's remotest seas.
Polyester fibres account for almost three-quarters of the microplastic pollution in the Arctic Ocean, according to a study that raises new concerns about the role that textiles, laundry and wastewater discharge has in the contamination of the world's remotest seas.
How might the Biden administration affect apparel?
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After the rollercoaster ride of the previous administration, Joe Biden's long-awaited inauguration today (20 January) could signal more stability for an apparel industry that has been through the mill over the last four years.
After the rollercoaster ride of the previous administration, Joe Biden's long-awaited inauguration today (20 January) could signal more stability for an apparel industry that has been through the mill over the last four years.
Human rights groups pursue living wage for garment workers
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Asia Floor Wage Alliance (AFWA), Clean Clothes Campaign (CCC), and the Worker-driven Social Responsibility Network (WSRN) have joined forces to launch a new website that outlines a concrete proposal for an enforceable, binding agreement between global brands and unions on the payment of living wages to garment workers.
Asia Floor Wage Alliance (AFWA), Clean Clothes Campaign (CCC), and the Worker-driven Social Responsibility Network (WSRN) have joined forces to launch a new website that outlines a concrete proposal for an enforceable, binding agreement between global brands and unions on the payment of living wages to garment workers.
US urged to stop fashion firms destroying unsold stock
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US advocacy group, The US Public Interest Research Group (PIRG), has launched a campaign urging states to stop fashion companies from destroying unsold clothing.
US advocacy group, The US Public Interest Research Group (PIRG), has launched a campaign urging states to stop fashion companies from destroying unsold clothing.
China textile exports surge in 2020 on PPE demand
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China's textile exports jumped by 30.4% in 2020, boosted by the demand for face masks and personal protective equipment (PPE) in the wake of the Covid-19 pandemic.
China's textile exports jumped by 30.4% in 2020, boosted by the demand for face masks and personal protective equipment (PPE) in the wake of the Covid-19 pandemic.
Human rights groups team on living wage for garment workers
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Asia Floor Wage Alliance (AFWA), Clean Clothes Campaign (CCC), and the Worker-driven Social Responsibility Network (WSRN) have joined forces to launch a new website that outlines a concrete proposal for an enforceable, binding agreement between global brands and unions on the payment of living wages to garment workers.
Asia Floor Wage Alliance (AFWA), Clean Clothes Campaign (CCC), and the Worker-driven Social Responsibility Network (WSRN) have joined forces to launch a new website that outlines a concrete proposal for an enforceable, binding agreement between global brands and unions on the payment of living wages to garment workers.
China textile exports surge in 2020, boosted by PPE demand
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China's textile exports jumped by 30.4% in 2020, boosted by the demand for face masks and personal protective equipment (PPE) in the wake of the Covid-19 pandemic.
China's textile exports jumped by 30.4% in 2020, boosted by the demand for face masks and personal protective equipment (PPE) in the wake of the Covid-19 pandemic.
Burberry banks on growth from digital channels and APAC
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Burberry's increased digital sales and impressive Asia-Pacific (APAC) performance softened the damage from store closures and decreased tourism throughout Q3 FY2020/21, with retail revenue only falling by GBP31m to GBP688m (US$940m).
Burberry's increased digital sales and impressive Asia-Pacific (APAC) performance softened the damage from store closures and decreased tourism throughout Q3 FY2020/21, with retail revenue only falling by GBP31m to GBP688m (US$940m).
Walmart Foundation injects $1.2bn into Accelerating Circularity
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The Walmart Foundation has pumped US$1.2m into Accelerating Circularity for its circular textile-to-textile systems trials using spent textiles generated on the East Coast of the US.
The Walmart Foundation has pumped US$1.2m into Accelerating Circularity for its circular textile-to-textile systems trials using spent textiles generated on the East Coast of the US.
BGMEA plans biometric database for factories
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The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is planning to roll out a biometric database on factory owners to ensure a smooth digitised service for its members.
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is planning to roll out a biometric database on factory owners to ensure a smooth digitised service for its members.
Arcadia Group to shutter 31 more stores?
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British retail tycoon Phillip Green's Arcadia Group is understood to be shutting a further 31 stores by the end of the month, in a move that could result in more than 700 job losses.
British retail tycoon Phillip Green's Arcadia Group is understood to be shutting a further 31 stores by the end of the month, in a move that could result in more than 700 job losses.
Frasers Group ups Hugo Boss stake to 15.2%
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Frasers Group, the owner of brands including House of Fraser, Sports Direct and Flannels, has once again increased its investment in German luxury fashion brand Hugo Boss.
Frasers Group, the owner of brands including House of Fraser, Sports Direct and Flannels, has once again increased its investment in German luxury fashion brand Hugo Boss.
Eurofins receives WRAP accreditation in India
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Eurofins Consumer Products Assurance (CPA) has been accredited by Worldwide Responsible Accredited Production (WRAP) as a monitoring firm in India to drive responsible sourcing across modern apparel and footwear supply chains.
Eurofins Consumer Products Assurance (CPA) has been accredited by Worldwide Responsible Accredited Production (WRAP) as a monitoring firm in India to drive responsible sourcing across modern apparel and footwear supply chains.
Gerson & Gerson chooses software for speed and accuracy
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US fashion brand Gerson & Gerson has adopted new software to improve accuracy, speed and traceability, while also reducing waste.
US fashion brand Gerson & Gerson has adopted new software to improve accuracy, speed and traceability, while also reducing waste.
Selasa, 19 Januari 2021
EU Commission publishes roadmap for textiles strategy
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The European Commission has published a roadmap for textiles strategy in a bid to strengthen the sector against the backdrop of the coronavirus crisis.
The European Commission has published a roadmap for textiles strategy in a bid to strengthen the sector against the backdrop of the coronavirus crisis.
Li Ning unit to take controlling stake in Clarks
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Hong Kong-listed Viva China Holdings, a sports conglomerate headed by athlete Li Ning, has agreed to pay GBP51m for a 51% stake in LionRock Capital Partners, the private equity firm that has acquired British shoe brand Clarks.
Hong Kong-listed Viva China Holdings, a sports conglomerate headed by athlete Li Ning, has agreed to pay GBP51m for a 51% stake in LionRock Capital Partners, the private equity firm that has acquired British shoe brand Clarks.
Asia supplier nations launch purchasing practices initiative
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Nine of Asia's apparel and textile industry associations have joined forces to launch a new initiative aimed at securing better purchasing practices for the sector.
Nine of Asia's apparel and textile industry associations have joined forces to launch a new initiative aimed at securing better purchasing practices for the sector.
Unspun jeans feature digital tag to help close loop
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3D body scan jeans company Unspun has developed what it claims is its most sustainable pair of jeans yet, designed in line with the Ellen MacArthur Foundation's Jeans Redesign initiative and featuring a scannable QR code to share key circularity data with resellers and recyclers.
3D body scan jeans company Unspun has developed what it claims is its most sustainable pair of jeans yet, designed in line with the Ellen MacArthur Foundation's Jeans Redesign initiative and featuring a scannable QR code to share key circularity data with resellers and recyclers.
Birkenstock in sale talks?
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German footwear brand Birkenstock is reportedly mulling a sale of the business, which could fetch more than EUR4bn (US$4.8bn), according to people familiar with the matter.
German footwear brand Birkenstock is reportedly mulling a sale of the business, which could fetch more than EUR4bn (US$4.8bn), according to people familiar with the matter.
Superdry H1 losses widen amid Covid disruption
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UK clothing retailer Superdry saw its losses widen in the first half as trading continued to be disrupted with further national and local lockdowns, restricting operations.
UK clothing retailer Superdry saw its losses widen in the first half as trading continued to be disrupted with further national and local lockdowns, restricting operations.
SupplyCompass launches manufacturer on-boarding
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Product development and production management platform SupplyCompass has updated its platform to allow fashion businesses to invite and onboard their own factories, as well as streamline communication via an in-built Slack-style chat feature.
Product development and production management platform SupplyCompass has updated its platform to allow fashion businesses to invite and onboard their own factories, as well as streamline communication via an in-built Slack-style chat feature.
Kering probes use and end of life impact of its products
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The first results of a study by Kering into the environmental impact of its products during the use and end of life phases has identified areas for improvement - including impacts related to marine plastics and microfibre release from synthetic materials.
The first results of a study by Kering into the environmental impact of its products during the use and end of life phases has identified areas for improvement - including impacts related to marine plastics and microfibre release from synthetic materials.
Teijin supports call for higher renewable-energy target
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Polyester fibres and products producer Teijin Limited has shown its support for the Japan Climate Initiative (JCI)'s call on the country's government to upwardly revise its target renewable-energy ratio for fiscal 2030.
Polyester fibres and products producer Teijin Limited has shown its support for the Japan Climate Initiative (JCI)'s call on the country's government to upwardly revise its target renewable-energy ratio for fiscal 2030.
Freudenberg Eco-Check label helps identify green products
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Freudenberg has rolled out an Eco-Check label to help its customers identify sustainable products that meet at least one of four criteria: saving resources, eco-efficiency, reduced environmental impact at the end of the product's life, or extended durability.
Freudenberg has rolled out an Eco-Check label to help its customers identify sustainable products that meet at least one of four criteria: saving resources, eco-efficiency, reduced environmental impact at the end of the product's life, or extended durability.
PTC's new FlexPLM V12 helps drive speed and agility
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The latest release of PTC's FlexPLM has been designed to help brands and retailers tackle current and future challenges, including a changing and digitally connected world, as well as the need to work remotely, collaborate, and overcome the disruption caused by Covid-19.
The latest release of PTC's FlexPLM has been designed to help brands and retailers tackle current and future challenges, including a changing and digitally connected world, as well as the need to work remotely, collaborate, and overcome the disruption caused by Covid-19.
Techtextil and Texprocess postponed until 2022
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Trade show organiser Messe Frankfurt has postponed its three physical trade textile fairs, Heimtextil, Techtextil and Texprocess, which were scheduled for May, until next year.
Trade show organiser Messe Frankfurt has postponed its three physical trade textile fairs, Heimtextil, Techtextil and Texprocess, which were scheduled for May, until next year.
Freudenberg label to help speed up identification of green products
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Freudenberg has rolled out the Eco-Check label, which it says will help customers quickly and clearly, identify sustainable products.
Freudenberg has rolled out the Eco-Check label, which it says will help customers quickly and clearly, identify sustainable products.
Senin, 18 Januari 2021
M&S collaborative supply chain review finds human rights issues
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A collaborative review into Marks & Spencer's footwear and food supply chains has identified a number of human rights and worker well-being issues, including inadequate sick pay and a lack of effective worker voice, as the UK food, homeware and fashion retailer looks to pinpoint areas to address.
A collaborative review into Marks & Spencer's footwear and food supply chains has identified a number of human rights and worker well-being issues, including inadequate sick pay and a lack of effective worker voice, as the UK food, homeware and fashion retailer looks to pinpoint areas to address.
Not so jolly festive season for US apparel retailers
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December US retail sales were down on the month prior but still showed the seventh consecutive monthly year-over-year gain, with sales during the holiday period growing an unexpectedly high 8.3% over 2019, but demand for apparel over the festive season paled in comparison to last year.
December US retail sales were down on the month prior but still showed the seventh consecutive monthly year-over-year gain, with sales during the holiday period growing an unexpectedly high 8.3% over 2019, but demand for apparel over the festive season paled in comparison to last year.
Myanmar garment worker support fund doubled
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Myanmar's garment workers will have access to more financial help after the European Union (EU) doubled its funding to the country's Myan Ku 'Quick Assistance Fund'.
Myanmar's garment workers will have access to more financial help after the European Union (EU) doubled its funding to the country's Myan Ku 'Quick Assistance Fund'.
Outlook 2021 - What next for apparel sourcing?
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How is the sourcing landscape likely to shift in 2021, and what can apparel firms and their suppliers do to stay ahead, remain competitive and build resilience for the future? Reimagining apparel supply chains and ramping up investments in technology and digital tools to help mitigate risk, speed up production and reduce costs are key, experts say. Also top-of-mind are rewriting the rules on buyer-supplier relationships, end-to-end visibility, and a renewed push for sustainability and carbon neutrality.
How is the sourcing landscape likely to shift in 2021, and what can apparel firms and their suppliers do to stay ahead, remain competitive and build resilience for the future? Reimagining apparel supply chains and ramping up investments in technology and digital tools to help mitigate risk, speed up production and reduce costs are key, experts say. Also top-of-mind are rewriting the rules on buyer-supplier relationships, end-to-end visibility, and a renewed push for sustainability and carbon neutrality.
US holds back on imposing duties on Vietnamese goods
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The US has decided it will not impose tariff increases on goods from Vietnam following a Section 301 probe, bringing relief to footwear and apparel brands and retailers across the country.
The US has decided it will not impose tariff increases on goods from Vietnam following a Section 301 probe, bringing relief to footwear and apparel brands and retailers across the country.
US apparel industry welcomes Notorious Markets review
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The American Apparel & Footwear Association (AAFA) has welcomed the publication of a Notorious Markets review by the Office of the United States Trade Representative (USTR), which identifies and flags platforms for counterfeit products.
The American Apparel & Footwear Association (AAFA) has welcomed the publication of a Notorious Markets review by the Office of the United States Trade Representative (USTR), which identifies and flags platforms for counterfeit products.
Truworths warns on HY profits as Covid, Brexit pressure sales
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South Africa's Truworths International, the owner of the UK footwear chain Office, has warned half-year profits are likely to fall by as much as 9% as a result of the impact of the Covid-19 pandemic on its business operations.
South Africa's Truworths International, the owner of the UK footwear chain Office, has warned half-year profits are likely to fall by as much as 9% as a result of the impact of the Covid-19 pandemic on its business operations.
Fashion Roundtable calls for collaborative approach to growth
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Fashion Roundtable - a group of fashion, business, economic and political experts that advocate for long term strategic and sustainable growth of the apparel industry - is chairing a meeting this week to ensure the industry can be effective as others operating during the pandemic.
Fashion Roundtable - a group of fashion, business, economic and political experts that advocate for long term strategic and sustainable growth of the apparel industry - is chairing a meeting this week to ensure the industry can be effective as others operating during the pandemic.
Matalan suffers sales drop as lockdowns weigh on Q3
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UK value clothing retailer Matalan saw sales and earnings slide in its third-quarter as the impact of the second government lockdown and the circuit breaks took their toll.
UK value clothing retailer Matalan saw sales and earnings slide in its third-quarter as the impact of the second government lockdown and the circuit breaks took their toll.
VF Corp discloses tier 4 suppliers in traceability drive
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VF Corporation, owner of brands including The North Face, Timberland and Vans, has enhanced its traceability mapping programme by disclosing its tier 1 to tier 4 supplier information.
VF Corporation, owner of brands including The North Face, Timberland and Vans, has enhanced its traceability mapping programme by disclosing its tier 1 to tier 4 supplier information.
Brand Machine Group acquires outdoor brand Penfield
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Global licensing specialist Brand Machine Group (BMG) has acquired US outdoor clothing brand Penfield.
Global licensing specialist Brand Machine Group (BMG) has acquired US outdoor clothing brand Penfield.
Jumat, 15 Januari 2021
Tesco hails record Christmas
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Tesco has delivered a record Christmas across all formats and channels and expects to deliver full-year retail operating profit in line with 2019/20, excluding the repayment of business rates relief - despite forecasts for annual Covid-19-related costs to hit GBP810m (US$1.1bn).
Tesco has delivered a record Christmas across all formats and channels and expects to deliver full-year retail operating profit in line with 2019/20, excluding the repayment of business rates relief - despite forecasts for annual Covid-19-related costs to hit GBP810m (US$1.1bn).
What the US ban on Xinjiang cotton means for apparel
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The US this week stepped up its efforts to crack down on forced labour in supply chains with a sweeping regional ban on the import of cotton products from China's Xinjiang Uyghur Autonomous Region (XUAR). The move looks set to accelerate the industry sourcing shift away from China - could prompt a surge in the adoption of alternative fibres - just-style has been told.
The US this week stepped up its efforts to crack down on forced labour in supply chains with a sweeping regional ban on the import of cotton products from China's Xinjiang Uyghur Autonomous Region (XUAR). The move looks set to accelerate the industry sourcing shift away from China - could prompt a surge in the adoption of alternative fibres - just-style has been told.
From Field to Shelf - How a divided America lost its way
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As an American, I am embarrassed and humiliated, writes industry consultant Robert Antoshak. It will take us years to overcome the actions of 6 January 2021.
As an American, I am embarrassed and humiliated, writes industry consultant Robert Antoshak. It will take us years to overcome the actions of 6 January 2021.
New Leciester hub to help bridge fashion skills gap
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A new UK project to deliver apprenticeships and accredited training for the textiles and fashion industry is set to be launched in Leicester.
A new UK project to deliver apprenticeships and accredited training for the textiles and fashion industry is set to be launched in Leicester.
Jaeger's 63 stores and concessions to close permanently
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More than 200 jobs have been axed at Jaeger Retail Limited and all 63 of its stores and concessions are set to permanently close after joint administrators confirmed that the sale of the business to UK retailer Marks & Spencer does not include the retail locations.
More than 200 jobs have been axed at Jaeger Retail Limited and all 63 of its stores and concessions are set to permanently close after joint administrators confirmed that the sale of the business to UK retailer Marks & Spencer does not include the retail locations.
Tajima launching new AI embroidery machines
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Japanese embroidery machine manufacturer Tajima Industries is launching new artificial intelligence (AI) powered multi-head embroidery machines that automatically adjust the upper thread tension for different threads and fabrics.
Japanese embroidery machine manufacturer Tajima Industries is launching new artificial intelligence (AI) powered multi-head embroidery machines that automatically adjust the upper thread tension for different threads and fabrics.
N Brown recovery continues in Q3
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Online clothing, footwear and homewares retailer N Brown Group says it is trading in line with expectations after product revenue continued to recover in the third quarter - with strong growth in apparel categories that have proved popular during the pandemic, including leisurewear.
Online clothing, footwear and homewares retailer N Brown Group says it is trading in line with expectations after product revenue continued to recover in the third quarter - with strong growth in apparel categories that have proved popular during the pandemic, including leisurewear.
JCPenney to improve impact of wet processing activities
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JCPenney has partnered with the Apparel Impact Institute (Aii) to improve its supply chain sustainability performance related to energy, water, and chemicals in 2021 and beyond.
JCPenney has partnered with the Apparel Impact Institute (Aii) to improve its supply chain sustainability performance related to energy, water, and chemicals in 2021 and beyond.
New viscose fibre features inbuilt infrared technology
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What is thought to be the first plant-based fibres with inbuilt technology that captures and converts body heat into infrared energy are being launched for performance wear, luxury loungewear and casual wear.
What is thought to be the first plant-based fibres with inbuilt technology that captures and converts body heat into infrared energy are being launched for performance wear, luxury loungewear and casual wear.
US trade deficit in goods surges by 8% in November
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The US trade deficit in goods and services rose by 8% in November from a month earlier, reflecting an increase in the goods deficit of US$5bn and a decrease in the services surplus of less than $0.1bn.
The US trade deficit in goods and services rose by 8% in November from a month earlier, reflecting an increase in the goods deficit of US$5bn and a decrease in the services surplus of less than $0.1bn.
First Latin America mills sign up to Cotton Trust Protocol
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The first Latin America-based companies - including Cone Mills and Central America Spinning Works - have joined the US Cotton Trust Protocol, marking another step towards a transparent textile supply chain for brands working to source more sustainably grown cotton.
The first Latin America-based companies - including Cone Mills and Central America Spinning Works - have joined the US Cotton Trust Protocol, marking another step towards a transparent textile supply chain for brands working to source more sustainably grown cotton.
Sustainable fashion design award now open for entries
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What is thought to be the world's largest sustainable fashion design competition is getting underway again, with prizes including US$10,000 in development funding, and bespoke mentorships with world-renowned sustainable fashion experts.
What is thought to be the world's largest sustainable fashion design competition is getting underway again, with prizes including US$10,000 in development funding, and bespoke mentorships with world-renowned sustainable fashion experts.
Top stories this week on just-style...
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Top stories on just-style this week include an exclusive report on apparel industry challenges and opportunities in 2021, and a look at four major changes manufacturers must make to ensure they survive and thrive after Covid-19. Elsewhere, VF Corp is rejigging its Asian sourcing operations, concerns continue to mount over potential Vietnam tariffs, and Marks & Spencer buys the Jaeger fashion brand out of administration.
Top stories on just-style this week include an exclusive report on apparel industry challenges and opportunities in 2021, and a look at four major changes manufacturers must make to ensure they survive and thrive after Covid-19. Elsewhere, VF Corp is rejigging its Asian sourcing operations, concerns continue to mount over potential Vietnam tariffs, and Marks & Spencer buys the Jaeger fashion brand out of administration.
Sweaty Betty chooses PLM to streamline processes
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British activewear retailer Sweaty Betty has invested in a new Product Lifecycle Management (PLM) solution to help streamline processes and provide a single source of truth across merchandising, design and buying.
British activewear retailer Sweaty Betty has invested in a new Product Lifecycle Management (PLM) solution to help streamline processes and provide a single source of truth across merchandising, design and buying.
Kamis, 14 Januari 2021
Outlook 2021 - Apparel industry challenges and opportunities
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2021 should be a year of winners and losers. The fallout from the coronavirus pandemic means there will be continued volatility, uncertainty, complexity and ambiguity, with fewer retail brands, stores and malls. The winners will be those companies that communicate purpose, deliver new value, and adapt to this new normal, according to executives consulted by just-style.
2021 should be a year of winners and losers. The fallout from the coronavirus pandemic means there will be continued volatility, uncertainty, complexity and ambiguity, with fewer retail brands, stores and malls. The winners will be those companies that communicate purpose, deliver new value, and adapt to this new normal, according to executives consulted by just-style.
Half a billion pound lockdown blow for Primark - What the analysts say
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The forced store closures as a result of the current lockdown have left Primark estimating a GBP540m (US$737m) loss of sales for the 16 weeks to 2 January. If stores remain closed into February, the retailer warns of a potential loss of sales amounting to GBP1.05bn. Despite this, Primark is continuing with its store opening programme. Analysts offer mixed thoughts on the trading update.
The forced store closures as a result of the current lockdown have left Primark estimating a GBP540m (US$737m) loss of sales for the 16 weeks to 2 January. If stores remain closed into February, the retailer warns of a potential loss of sales amounting to GBP1.05bn. Despite this, Primark is continuing with its store opening programme. Analysts offer mixed thoughts on the trading update.
Primark warns of GBP1bn sales hit amid store closures
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Value retailer Primark has warned of a hit from lost retail sales of more than GBP1bn (US$) due to the pandemic lockdown as it revealed revenues were 30% lower than last year.
Value retailer Primark has warned of a hit from lost retail sales of more than GBP1bn (US$) due to the pandemic lockdown as it revealed revenues were 30% lower than last year.
ZDHC position paper outlines air emissions targets
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The ZDHC Foundation has broadened its scope of work to address the management of air emissions within the textile, apparel, leather and footwear industry.
The ZDHC Foundation has broadened its scope of work to address the management of air emissions within the textile, apparel, leather and footwear industry.
Where is Boohoo at with addressing its supply chain failings?
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UK fast-fashion retailer Boohoo has said it is continuing its investigation into some suppliers, having already removed 64 as part of its new "deep-dive" initiative, following a supply chain probe related to working conditions and low pay.
UK fast-fashion retailer Boohoo has said it is continuing its investigation into some suppliers, having already removed 64 as part of its new "deep-dive" initiative, following a supply chain probe related to working conditions and low pay.
Boohoo Group remains unfazed by Covid-19 - What the analysts say
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Boohoo Group has raised its revenue guidance for the full year after posting a 40% sales hike for the four months to the end of December. Analysts note the fast fashion retailer has benefitted from further non-essential store closures in the UK which have renewed the shift of shopping online and hail its agility in pivoting away from partywear to the more resilient categories of athleisure and loungewear.
Boohoo Group has raised its revenue guidance for the full year after posting a 40% sales hike for the four months to the end of December. Analysts note the fast fashion retailer has benefitted from further non-essential store closures in the UK which have renewed the shift of shopping online and hail its agility in pivoting away from partywear to the more resilient categories of athleisure and loungewear.
Bonmarche secures sale to investor Purepay Retail
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The joint administrators of UK-based women's value clothing retailer Bonmarché have completed a sale of the businesses to Purepay Retail Limited, which is backed by an international investor consortium.
The joint administrators of UK-based women's value clothing retailer Bonmarché have completed a sale of the businesses to Purepay Retail Limited, which is backed by an international investor consortium.
Boohoo ups FY guidance on peak trading sales surge
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UK online fast fashion retailer Boohoo Group has raised its revenue guidance for the full year on the back of strong peak trading which lead to a 40% rise in group sales for the four months to the end of December.
UK online fast fashion retailer Boohoo Group has raised its revenue guidance for the full year on the back of strong peak trading which lead to a 40% rise in group sales for the four months to the end of December.
JD Sports and Authentic Brands in talks over Topshop deal?
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JD Sports Fashion Plc is understood to be in talks with Authentic Brands over a potential joint-ownership of Arcadia's Topshop brand.
JD Sports Fashion Plc is understood to be in talks with Authentic Brands over a potential joint-ownership of Arcadia's Topshop brand.
UK apparel sector to benefit from new sustainability fund
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The UK apparel sector is one of a number of industries set to benefit from a new specialist sustainability Enterprise Investment Scheme fund, set up by investment firm OnePlanetCapital.
The UK apparel sector is one of a number of industries set to benefit from a new specialist sustainability Enterprise Investment Scheme fund, set up by investment firm OnePlanetCapital.
Fast Retailing makes impressive rebound in Q1
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Fast Retailing, owner of the Uniqlo brand, has reported a higher-than-expected rise in earnings in its first-quarter thanks to an impressive rebound in sales.
Fast Retailing, owner of the Uniqlo brand, has reported a higher-than-expected rise in earnings in its first-quarter thanks to an impressive rebound in sales.
Teijin introduces carbon pricing system for capital investments
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Polyester fibres and products producer Teijin Limited has introduced an internal carbon pricing (ICP) system for capital investment plans throughout the group.
Polyester fibres and products producer Teijin Limited has introduced an internal carbon pricing (ICP) system for capital investment plans throughout the group.
AI body measurement platform to tackle clothing fit
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UK-based artificial intelligence and virtual reality company TechNovus has developed an Artificial Intelligence-powered body measurement platform it says allows consumers to instantly match their body measurements as they shop online, tackling the problem of poor fit.
UK-based artificial intelligence and virtual reality company TechNovus has developed an Artificial Intelligence-powered body measurement platform it says allows consumers to instantly match their body measurements as they shop online, tackling the problem of poor fit.
US holiday sales in brief - Target Corp, Zumiez, Urban Outfitters, Genesco
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It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as they continue to navigate the impact of the Covid-19 pandemic. Target Corp has reported a 17.2% jump in comparable sales for the combined November/December period, while Genesco has posted a 3% comparable sales decline for the eight weeks to 26 December. Elsewhere, Urban Outfitters has reported an 8.4% decline in total company net sales, and L Brands said the group's holiday results significantly exceeded initial expectations.
It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as they continue to navigate the impact of the Covid-19 pandemic. Target Corp has reported a 17.2% jump in comparable sales for the combined November/December period, while Genesco has posted a 3% comparable sales decline for the eight weeks to 26 December. Elsewhere, Urban Outfitters has reported an 8.4% decline in total company net sales, and L Brands said the group's holiday results significantly exceeded initial expectations.
Rabu, 13 Januari 2021
Artistic Milliners acquires denim factory in California
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Pakistani denim manufacturer Artistic Milliners has acquired a denim factory in California with plans to invest in the facility to grow the business into a design and production hub.
Pakistani denim manufacturer Artistic Milliners has acquired a denim factory in California with plans to invest in the facility to grow the business into a design and production hub.
Debenhams to close six stores as rescue talks continue
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Debenhams has said it will permanently close six stores, including its Oxford Street store, as the UK department store retailer continues to engage with third-parties over a potential sale of all, or parts, of the business.
Debenhams has said it will permanently close six stores, including its Oxford Street store, as the UK department store retailer continues to engage with third-parties over a potential sale of all, or parts, of the business.
The Flanarant - Post-Brexit apparel trade still clouded by uncertainty
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?Most of us thought 1 January 2021 would bring clarity for manufacturers around the world annually exporting $25bn of clothes to the UK - their fifth biggest customer. Britain had finally left the European Union (EU), and the two began to trade under the new EU-UK Trade and Cooperation Agreement (TCA). It sounded like nothing was going to change, says Mike Flanagan, who now believes almost every aspect of importing and exporting clothes in the UK is going to get a lot worse.
?Most of us thought 1 January 2021 would bring clarity for manufacturers around the world annually exporting $25bn of clothes to the UK - their fifth biggest customer. Britain had finally left the European Union (EU), and the two began to trade under the new EU-UK Trade and Cooperation Agreement (TCA). It sounded like nothing was going to change, says Mike Flanagan, who now believes almost every aspect of importing and exporting clothes in the UK is going to get a lot worse.
UK government takes tougher stance on Xinjiang
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The UK government has announced tougher restrictions for companies to prevent goods linked to China's Xinjiang region from entering the supply chain.
The UK government has announced tougher restrictions for companies to prevent goods linked to China's Xinjiang region from entering the supply chain.
Artistic Milliners acquires denim factory in California
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Pakistani denim manufacturer Artistic Milliners has acquired a denim factory in California with plans to invest in the facility to grow the business into a design and production hub.
Pakistani denim manufacturer Artistic Milliners has acquired a denim factory in California with plans to invest in the facility to grow the business into a design and production hub.
Rudolf Group launches bio-based water repellent textile finishes
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German chemical company Rudolf Group has launched two new water repellent textile finishes entirely based on natural components, and aimed at performance outdoor and sports apparel programmes.
German chemical company Rudolf Group has launched two new water repellent textile finishes entirely based on natural components, and aimed at performance outdoor and sports apparel programmes.
December rounds out "dismal" year for UK online clothing sales
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UK online sales growth remained solid throughout December, driving the annual figure to a staggering 13-year high, but 2020 proved a dismal year for apparel with clothing sales, with footwear particularly hard hit.
UK online sales growth remained solid throughout December, driving the annual figure to a staggering 13-year high, but 2020 proved a dismal year for apparel with clothing sales, with footwear particularly hard hit.
Asos is a Covid-19 winner once again - What the analysts say
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Asos has posted a 23% jump in total group revenue for the four months to 26 December and expects full-year profits to come in at the top end of current market expectations, with an anticipated GBP40m boost during the first half as renewed Covid restrictions drive consumers to shop online. Analysts note the online retailer's fast reaction to lockdown categories such as loungewear, which have brought reduced returns rates as they are less fit-dependent.
Asos has posted a 23% jump in total group revenue for the four months to 26 December and expects full-year profits to come in at the top end of current market expectations, with an anticipated GBP40m boost during the first half as renewed Covid restrictions drive consumers to shop online. Analysts note the online retailer's fast reaction to lockdown categories such as loungewear, which have brought reduced returns rates as they are less fit-dependent.
Lockdown tipped to boost Asos FY profit by GBP40m
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Asos expects full-year profits to come in at the top end of current market expectations, with an anticipated GBP40m boost during the first half as renewed Covid restrictions drive consumers to shop online and for categories that have brought reduced returns rates as they are less fit-dependent.
Asos expects full-year profits to come in at the top end of current market expectations, with an anticipated GBP40m boost during the first half as renewed Covid restrictions drive consumers to shop online and for categories that have brought reduced returns rates as they are less fit-dependent.
Rudolf Group launches bio-based water repellent solutions
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German chemical company Rudolf Group is pushing the boundaries of research and development with the launch of two new water repellent agents entirely based on natural components.
German chemical company Rudolf Group is pushing the boundaries of research and development with the launch of two new water repellent agents entirely based on natural components.
Kelheim first viscose manufacturer to gain EMAS certification
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Germany's Kelheim Fibres has become the first viscose fibre manufacturer worldwide to receive Eco Management and Audit Scheme (EMAS) certification.
Germany's Kelheim Fibres has become the first viscose fibre manufacturer worldwide to receive Eco Management and Audit Scheme (EMAS) certification.
Cone Denim completes first Oritain traceability audit
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US-based Cone Denim has completed its first Verification of Origin audit through supply chain traceability specialist Oritain as it looks to improve transparency.
US-based Cone Denim has completed its first Verification of Origin audit through supply chain traceability specialist Oritain as it looks to improve transparency.
Donnelly to step down as Urban Outfitters brand boss
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US retailer Urban Outfitters is shaking up its management as Trish Donnelly prepares to step down as CEO of its namesake brand at the end of the month to pursue a new career opportunity.
US retailer Urban Outfitters is shaking up its management as Trish Donnelly prepares to step down as CEO of its namesake brand at the end of the month to pursue a new career opportunity.
US holiday sales in brief - Urban Outfitters, Genesco, Tilly's, L Brands
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It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as they continue to navigate the impact of the Covid-19 pandemic. Genesco has posted a 3% comparable sales decline for the eight weeks to 26 December, while L Brands said the group's holiday results significantly exceeded initial expectations, with a comparable sales rise of 5%.
It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as they continue to navigate the impact of the Covid-19 pandemic. Genesco has posted a 3% comparable sales decline for the eight weeks to 26 December, while L Brands said the group's holiday results significantly exceeded initial expectations, with a comparable sales rise of 5%.
Selasa, 12 Januari 2021
Administrators complete sale of Edinburgh Woollen Mill
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The joint administrators to clothing retailer The Edinburgh Woollen Mill and sister brand Duvetco Limited (Ponden Home) have completed the sale of the businesses to Purepay Retail Limited - securing some 1,453 jobs and the future of 246 stores.
The joint administrators to clothing retailer The Edinburgh Woollen Mill and sister brand Duvetco Limited (Ponden Home) have completed the sale of the businesses to Purepay Retail Limited - securing some 1,453 jobs and the future of 246 stores.
Marks & Spencer to buy Jaeger fashion brand
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UK retailer Marks & Spencer has confirmed it has bought the Jaeger fashion brand out of administration for an undisclosed sum, with the transaction due to complete later this month.
UK retailer Marks & Spencer has confirmed it has bought the Jaeger fashion brand out of administration for an undisclosed sum, with the transaction due to complete later this month.
US apparel imports dwindle in November
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Apparel shipments to the US were down month-on-month in November, with all of the top-ten individual supplier countries booking declines. On a year-on-year basis, US apparel importers continue to prioritise Asian nations over their Central American counterparts, with Vietnam, Pakistan, and Cambodia all enjoying shipment growth.
Apparel shipments to the US were down month-on-month in November, with all of the top-ten individual supplier countries booking declines. On a year-on-year basis, US apparel importers continue to prioritise Asian nations over their Central American counterparts, with Vietnam, Pakistan, and Cambodia all enjoying shipment growth.
Survive and thrive in the new normal - 4 changes for apparel manufacturers
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Apparel manufacturers must set their goals higher than just surviving the current coronavirus crisis. They must fully embrace and exploit the opportunities the situation presents and use this to establish the foundations for growth in years to come, says Vivek Ramachandran, CEO at Serai.
Apparel manufacturers must set their goals higher than just surviving the current coronavirus crisis. They must fully embrace and exploit the opportunities the situation presents and use this to establish the foundations for growth in years to come, says Vivek Ramachandran, CEO at Serai.
BGMEA president warns export turbulence likely until April
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The president of the Bangladesh Garment Manufacturers Exporters Associaton has penned an open letter seeking an extension of the tenure of loans from the Covid stimulus package and the easing of other rules, warning the downtrend in exports is likely to last until April.
The president of the Bangladesh Garment Manufacturers Exporters Associaton has penned an open letter seeking an extension of the tenure of loans from the Covid stimulus package and the easing of other rules, warning the downtrend in exports is likely to last until April.
Very posts record Christmas sales as online traffic jumps
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Multi-category online retailer Very.co.uk, which operates the Littlewoods brand, has recorded its best ever Christmas trading period supported by the company's new fulfilment centre, which processed 3.9m orders during the peak.
Multi-category online retailer Very.co.uk, which operates the Littlewoods brand, has recorded its best ever Christmas trading period supported by the company's new fulfilment centre, which processed 3.9m orders during the peak.
Lycra Co achieves gold C2C certification for fibre products
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Performance fibre specialist The Lycra Company has achieved Gold Level Material Health Certificates for 25 of its namesake fiber products through the Cradle to Cradle Products Innovation Institute.
Performance fibre specialist The Lycra Company has achieved Gold Level Material Health Certificates for 25 of its namesake fiber products through the Cradle to Cradle Products Innovation Institute.
Four more Eurofins labs approved by ZDHC
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Testing firm Eurofins Softlines and Leather has had a further four of its laboratories approved under the ZDHC Roadmap to Zero Programme to conduct ZDHC Manufacturing Restricted Substance List (MRSL) V2.0 Level 1, 2 and 3 Conformance for buyers and suppliers worldwide.
Testing firm Eurofins Softlines and Leather has had a further four of its laboratories approved under the ZDHC Roadmap to Zero Programme to conduct ZDHC Manufacturing Restricted Substance List (MRSL) V2.0 Level 1, 2 and 3 Conformance for buyers and suppliers worldwide.
Crocs on track for strongest revenue in its history
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US footwear firm Crocs has raised its 2020 revenue guidance and expects accelerated full year 2021 revenue growth of 20% to 25%.
US footwear firm Crocs has raised its 2020 revenue guidance and expects accelerated full year 2021 revenue growth of 20% to 25%.
Leading Labels acquired by turnaround specialist
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UK retail chain Leading Labels has been snapped up by turnaround specialists Baaj Capital.
UK retail chain Leading Labels has been snapped up by turnaround specialists Baaj Capital.
Polygiene expands sustainable offering with Addmaster buy
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Polygiene has acquired high performance additives company Addmaster Holdings in a move that will make the Swedish odour control specialist a comprehensive supplier of antimicrobial solutions for both soft and hard surfaces, including textiles.
Polygiene has acquired high performance additives company Addmaster Holdings in a move that will make the Swedish odour control specialist a comprehensive supplier of antimicrobial solutions for both soft and hard surfaces, including textiles.
Streetwear brand MNML chooses PLM to aid growth
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Streetwear brand MNML has invested in a new Product Lifecycle Management (PLM) solution to aid the company's rapid growth and allow them to scale properly.
Streetwear brand MNML has invested in a new Product Lifecycle Management (PLM) solution to aid the company's rapid growth and allow them to scale properly.
US holiday sales in brief - Genesco, Tilly's, L Brands
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It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as they continue to navigate the impact of the Covid-19 pandemic. Genesco has posted a 3% comparable sales decline for the eight weeks to 26 December, while L Brands said the group's holiday results significantly exceeded initial expectations, with a comparable sales rise of 5%.
It's been a mixed bag of holiday sales filings from US apparel and footwear brands and retailers as they continue to navigate the impact of the Covid-19 pandemic. Genesco has posted a 3% comparable sales decline for the eight weeks to 26 December, while L Brands said the group's holiday results significantly exceeded initial expectations, with a comparable sales rise of 5%.
Birla Cellulose and Nanollose team up on high tenacity lyocell
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Manmade cellulosic fibre producer Birla Cellulose, a unit of India's Grasim Industries, has filed a joint patent application with Australian biotechnology company Nanollose for a high tenacity lyocell fibre made from bacterial cellulose.
Manmade cellulosic fibre producer Birla Cellulose, a unit of India's Grasim Industries, has filed a joint patent application with Australian biotechnology company Nanollose for a high tenacity lyocell fibre made from bacterial cellulose.
Spinnova and Eastman latest ZDHC contributors
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Finnish sustainable fibre producer Spinnova and specialty materials maker Eastman are among the latest to join the ZDHC Roadmap to Zero Programme as contributors.
Finnish sustainable fibre producer Spinnova and specialty materials maker Eastman are among the latest to join the ZDHC Roadmap to Zero Programme as contributors.
Ricoh and Farbenpunkt team up on new textile ink
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Digital textile printing specialist Ricoh is collaborating with Farbenpunkt to bring its new environmentally responsible textile ink to a wider audience.
Digital textile printing specialist Ricoh is collaborating with Farbenpunkt to bring its new environmentally responsible textile ink to a wider audience.
Senin, 11 Januari 2021
Monthly trade programme roundup - December 2020
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The latest round-up of updates to key free trade agreements and trade preference programmes involving the United States, the European Union, the United Kingdom and Canada covers developments in December 2020.
The latest round-up of updates to key free trade agreements and trade preference programmes involving the United States, the European Union, the United Kingdom and Canada covers developments in December 2020.
VF Corp rejigs Asia sourcing operations to boost speed
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VF Corporation, owner of brands including The North Face, Timberland and Vans, is shifting its Product Supply Hub - which serves as the base of its global supply chain in Asia - from Hong Kong to Singapore, amid plans to boost speed and capabilities.
VF Corporation, owner of brands including The North Face, Timberland and Vans, is shifting its Product Supply Hub - which serves as the base of its global supply chain in Asia - from Hong Kong to Singapore, amid plans to boost speed and capabilities.
US apparel CEOs warn against more Vietnam tariffs
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Concerns continue to mount over the prospect of additional punitive tariffs being applied to US imports of apparel and footwear from Vietnam - with companies including Nike, Adidas America, Gap Inc, Levi Strauss and Under Armour the latest to oppose any such move.
Concerns continue to mount over the prospect of additional punitive tariffs being applied to US imports of apparel and footwear from Vietnam - with companies including Nike, Adidas America, Gap Inc, Levi Strauss and Under Armour the latest to oppose any such move.
Sports companies amongst most sustainable brands
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Fashion and sports brands are featuring among the most sustainable companies, according to new data, with sporting goods company Puma appearing in the top three.
Fashion and sports brands are featuring among the most sustainable companies, according to new data, with sporting goods company Puma appearing in the top three.
Consumers urge fashion brands to be more transparent
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Consumers are calling on fashion brands and governments to ensure transparency and respect for human rights and the environment along the supply chain, with 75% of respondents to a recent survey agreeing that brands should do more to improve the lives of women making their clothing, footwear, and accessories.
Consumers are calling on fashion brands and governments to ensure transparency and respect for human rights and the environment along the supply chain, with 75% of respondents to a recent survey agreeing that brands should do more to improve the lives of women making their clothing, footwear, and accessories.
JD Sports continues to prosper through heightened restrictions
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JD Sports Fashion Plc says it is confident group headline profit before tax for the full year will be significantly ahead of current market expectations and total at least GBP400m (U$539.6m).
JD Sports Fashion Plc says it is confident group headline profit before tax for the full year will be significantly ahead of current market expectations and total at least GBP400m (U$539.6m).
Dr. Martens unveils plans to float on London Stock Exchange
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British footwear brand Dr. Martens has unveiled plans to float on the London Stock Exchange.
British footwear brand Dr. Martens has unveiled plans to float on the London Stock Exchange.
Advanced Robotics Institute takes leap in garment assembly
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A technology project funded by the Advanced Robotics for Manufacturing Institute (ARM Institute) has taken its first steps in revolutionising the garment industry through a new assembly process that stiffens garment pieces by laminating its fabric with water-soluble thermoplastic polymer.
A technology project funded by the Advanced Robotics for Manufacturing Institute (ARM Institute) has taken its first steps in revolutionising the garment industry through a new assembly process that stiffens garment pieces by laminating its fabric with water-soluble thermoplastic polymer.
India's Vasudha Swaraj boosts organic cotton farming
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India's Vasudha Swaraj, the agricultural arm of Pratibha Syntex Ltd, a vertically integrated, sustainability-oriented manufacturer of knitted textiles and garments, has engaged 1,000 farmers in the cultivation of regenerative organic cotton.
India's Vasudha Swaraj, the agricultural arm of Pratibha Syntex Ltd, a vertically integrated, sustainability-oriented manufacturer of knitted textiles and garments, has engaged 1,000 farmers in the cultivation of regenerative organic cotton.
US retail imports may break record despite Covid-19
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Imports at major US retail container ports during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins.
Imports at major US retail container ports during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins.
M&S clothing sales tumble 25% in Q3 as Covid bites
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UK based retailer Marks & Spencer saw clothing and home sales drop by more than a quarter for the 13 weeks to 26 December, with the segment hurt by the on-off lockdown restrictions related to the Covid-19 pandemic.
UK based retailer Marks & Spencer saw clothing and home sales drop by more than a quarter for the 13 weeks to 26 December, with the segment hurt by the on-off lockdown restrictions related to the Covid-19 pandemic.
Jumat, 08 Januari 2021
Worker group warns against Bangladesh minimum wage freeze
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A group representing Bangladesh ready-made garment workers is urging the country's government not to suspend a planned 5% rise in the minimum wage because of the Covid-19 pandemic.
A group representing Bangladesh ready-made garment workers is urging the country's government not to suspend a planned 5% rise in the minimum wage because of the Covid-19 pandemic.
Suspension of Danish trade shows impacts CIFF
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The organisers of the Copenhagen International Fashion Fair (CIFF) have been forced to cancel the February edition of the event, but say plans are in place to launch an online platform to inform and connect fashion professionals across the globe.
The organisers of the Copenhagen International Fashion Fair (CIFF) have been forced to cancel the February edition of the event, but say plans are in place to launch an online platform to inform and connect fashion professionals across the globe.
UK footfall tumbles in crucial Christmas quarter
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Footfall at UK retail locations tumbled by more than 43% in 2020 compared to the year before, and was down by almost 50% in the so-called 'golden quarter' in the run-up to Christmas, new figures show.
Footfall at UK retail locations tumbled by more than 43% in 2020 compared to the year before, and was down by almost 50% in the so-called 'golden quarter' in the run-up to Christmas, new figures show.
Light at the end of the tunnel for M&S? - What the analysts say
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UK retailer Marks & Spencer saw clothing and home sales decline by 25.1% for the 13 weeks to 26 December, hit by continuing restrictions and demand distortions related to the Covid-19 pandemic. While analysts note the segment was dealt a sharp blow against the backdrop of zig-zag lockdown policies, one suggests brighter days are on the horizon for M&S with tangible progress being made.
UK retailer Marks & Spencer saw clothing and home sales decline by 25.1% for the 13 weeks to 26 December, hit by continuing restrictions and demand distortions related to the Covid-19 pandemic. While analysts note the segment was dealt a sharp blow against the backdrop of zig-zag lockdown policies, one suggests brighter days are on the horizon for M&S with tangible progress being made.
M&S clothing sales tumble 25% in Q3 Covid bites
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UK based retailer Marks & Spencer saw clothing and home sales drop by more than a quarter for the 13 weeks to 26 December, with the segment hurt by the on-off lockdown restrictions related to the Covid-19 pandemic.
UK based retailer Marks & Spencer saw clothing and home sales drop by more than a quarter for the 13 weeks to 26 December, with the segment hurt by the on-off lockdown restrictions related to the Covid-19 pandemic.
Whispering Smith acquires Good For Nothing brand
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British fast-fashion wholesale importer and supplier, Whispering Smith has acquired urban fashion brand, Good For Nothing (GFN) as part of its continued brand portfolio expansion.
British fast-fashion wholesale importer and supplier, Whispering Smith has acquired urban fashion brand, Good For Nothing (GFN) as part of its continued brand portfolio expansion.
Tommy Hilfiger sets inclusive fashion challenge
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PVH Corp-owned Tommy Hilfiger has launched the third edition of its Fashion Frontier Challenge, which this year will support black, indigenous and people of colour (BIPOC) entrepreneurs working to foster a more inclusive fashion value-chain.
PVH Corp-owned Tommy Hilfiger has launched the third edition of its Fashion Frontier Challenge, which this year will support black, indigenous and people of colour (BIPOC) entrepreneurs working to foster a more inclusive fashion value-chain.
Vietnam's latest labour code finally takes effect
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The revised Vietnam Labour Code that came into effect from 1 January 2021 brings new rights for workers and employers and more closely aligns the country's laws with universal fundamental labour rights.
The revised Vietnam Labour Code that came into effect from 1 January 2021 brings new rights for workers and employers and more closely aligns the country's laws with universal fundamental labour rights.
JCPenney relaunches Xersion activewear brand
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US department store retailer JCPenney has re-launched its Xersion activewear line as part of a wider overhaul of its private label brands.
US department store retailer JCPenney has re-launched its Xersion activewear line as part of a wider overhaul of its private label brands.
CriticalPoint Capital completes Shoes.com merger
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CriticalPoint Capital (CPC) has completed the merger of Shoes.com with its existing footwear and athletic specialty platform, Running Specialty Group - operator of the JackRabbit, Olympia Sports, and Clever Training footwear and athletic specialty retailers.
CriticalPoint Capital (CPC) has completed the merger of Shoes.com with its existing footwear and athletic specialty platform, Running Specialty Group - operator of the JackRabbit, Olympia Sports, and Clever Training footwear and athletic specialty retailers.
Top stories this week on just-style...
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Top stories on just-style this week include a look at how a ban on solid waste imports into China could lead to challenges for the recycled polyester market, and an analysis of the various sourcing factors affecting the choice of apparel sourcing destinations. The first working week of 2021 has also seen the Fair Labor Association (FLA) ban its affiliates from sourcing from and producing in China's Xinjiang region, while the US retail sector has warned tariffs on imports of Vietnamese goods would hike consumer prices.
Top stories on just-style this week include a look at how a ban on solid waste imports into China could lead to challenges for the recycled polyester market, and an analysis of the various sourcing factors affecting the choice of apparel sourcing destinations. The first working week of 2021 has also seen the Fair Labor Association (FLA) ban its affiliates from sourcing from and producing in China's Xinjiang region, while the US retail sector has warned tariffs on imports of Vietnamese goods would hike consumer prices.
Kamis, 07 Januari 2021
US apparel sector rebukes pro-Trump supporter chaos
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The US apparel and manufacturing industries have rebuked efforts by pro-Trump supporters to disrupt American democracy after hundreds of the President's supporters stormed the Capitol building resulting in four deaths.
The US apparel and manufacturing industries have rebuked efforts by pro-Trump supporters to disrupt American democracy after hundreds of the President's supporters stormed the Capitol building resulting in four deaths.
Macy's to close 45 stores amid three-year strategy
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US department store retailer Macy's Inc is to close 45 of its stores this year as part of its three-year plan to stabilise profitability and position the company for growth.
US department store retailer Macy's Inc is to close 45 of its stores this year as part of its three-year plan to stabilise profitability and position the company for growth.
BGMEA works on strategies to extend duty-free access to EU
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The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has reportedly appointed a law firm to set out its strategy for extending preferential market access into the Europen Union (EU) upon Bangladesh's graduation from the Least Developed Country status.
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has reportedly appointed a law firm to set out its strategy for extending preferential market access into the Europen Union (EU) upon Bangladesh's graduation from the Least Developed Country status.
Store closures could hit Joules revenue by up to GBP18m
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British clothing brand Joules has warned it is expecting a revenue hit of between GBP14m and GBP18m (US$19-24m) as a result of store closures in line with current UK government guidelines, should it remain unable to reopen before 1 April.
British clothing brand Joules has warned it is expecting a revenue hit of between GBP14m and GBP18m (US$19-24m) as a result of store closures in line with current UK government guidelines, should it remain unable to reopen before 1 April.
Clothing sales edge up at Sainsbury's in Q3
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Apparel sales at Sainsbury's regained their upward trajectory in the third quarter, with the UK supermarket group noting sales in the sector were stronger than expected throughout the period and particularly since the start of England's second national lockdown.
Apparel sales at Sainsbury's regained their upward trajectory in the third quarter, with the UK supermarket group noting sales in the sector were stronger than expected throughout the period and particularly since the start of England's second national lockdown.
ZDHC makes revisions to MRSL substance list
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The ZDHC Foundation has made some revisions to its manufacturing restricted substance list (MRSL) to align it with Bluesign, in addition to updates to its candidate list.
The ZDHC Foundation has made some revisions to its manufacturing restricted substance list (MRSL) to align it with Bluesign, in addition to updates to its candidate list.
British Wool undergoes cost saving restructure as Covid bites
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British Wool is embarking on a restructuring programme in a bid to save costs, which will see a review of the number of grading depots it operates from.
British Wool is embarking on a restructuring programme in a bid to save costs, which will see a review of the number of grading depots it operates from.
US customs increases textile trade enforcement measures
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US Customs and Border Protection saw an increase in the measures used to enforce trade laws and regulations governing textiles in the fourth quarter of 2020, according to new data.
US Customs and Border Protection saw an increase in the measures used to enforce trade laws and regulations governing textiles in the fourth quarter of 2020, according to new data.
Outdoor specialist Filson names Paolo Corinaldesi as CEO
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US outdoor outfitter and apparel manufacturer Filson has named former Woolrich International boss Paolo Corinaldesi as CEO, effective immediately.
US outdoor outfitter and apparel manufacturer Filson has named former Woolrich International boss Paolo Corinaldesi as CEO, effective immediately.
Rabu, 06 Januari 2021
Calls for US to roll out consumer awareness campaign on fakes
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The American Apparel & Footwear Asociation is calling for the introduction of a consumer awareness campaign to combat the growing issue of fakes entering the country, as US Customs and Border Protection (CBP) found 39% of counterfeit goods seized in 2019 were in footwear, apparel and handbags.
The American Apparel & Footwear Asociation is calling for the introduction of a consumer awareness campaign to combat the growing issue of fakes entering the country, as US Customs and Border Protection (CBP) found 39% of counterfeit goods seized in 2019 were in footwear, apparel and handbags.
Wolverine Worldwide shake-up sees Zwiers take sourcing lead role
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US footwear brand Wolverine Worldwide has named Jim Zwiers as president, Global Operations Group, responsible for portfolio-wide sourcing, logistics, distribution, customer service, and information technology.
US footwear brand Wolverine Worldwide has named Jim Zwiers as president, Global Operations Group, responsible for portfolio-wide sourcing, logistics, distribution, customer service, and information technology.
Kingpins physical events set for fall 2021 comeback
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Denim trade show Kingpins is set to return in its physical form in autumn, CEO and founder Andrew Olah confirms, but they will operate alongside online events which organisers have been running since the pandemic began last year.
Denim trade show Kingpins is set to return in its physical form in autumn, CEO and founder Andrew Olah confirms, but they will operate alongside online events which organisers have been running since the pandemic began last year.
JD Sports buys UK independent Wellgosh
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JD Sports Fashion Plc has made its second acquisition in less than a month with the purchase of UK menswear independent retailer Wellgosh.
JD Sports Fashion Plc has made its second acquisition in less than a month with the purchase of UK menswear independent retailer Wellgosh.
UK retail job losses predicted to hit 200k in 2021
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New data predicts that around 200,000 UK retail jobs could be lost this year, with the first half of 2021 looking much the same as 2020.
New data predicts that around 200,000 UK retail jobs could be lost this year, with the first half of 2021 looking much the same as 2020.
Frasers Group snaps up designer brand Psyche
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Frasers Group, the owner of brands including House of Fraser, Sports Direct and Flannels, has acquired UK designer clothing retailer Psyche.
Frasers Group, the owner of brands including House of Fraser, Sports Direct and Flannels, has acquired UK designer clothing retailer Psyche.
Oeko-Tex update includes new sustainability regulations
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The Oeko-Tex Association has updated its test criteria, limit values and requirements for its range of certifications and labels, including new regulations for sustainability and hazardous materials.
The Oeko-Tex Association has updated its test criteria, limit values and requirements for its range of certifications and labels, including new regulations for sustainability and hazardous materials.
M&S signs Call to Action to drive change in Xinjiang
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Marks & Spencer is among the first brands to formally sign the Call to Action on human rights abuses - "Brand Commitment to Exit the Uyghur Region" - as it looks to drive meaningful change at scale in the Xinjiang region.
Marks & Spencer is among the first brands to formally sign the Call to Action on human rights abuses - "Brand Commitment to Exit the Uyghur Region" - as it looks to drive meaningful change at scale in the Xinjiang region.
Selasa, 05 Januari 2021
Hela Clothing strikes intimates joint venture in Ethiopia
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Sri Lanka-based global apparel manufacturer Hela Clothing has taken a 50% stake in Indonesia's Submiri Intimates Apparel Plc in a move that sees the creation of a new joint venture project to produce intimate products at Ethiopia's Hawassa Industrial Park.
Sri Lanka-based global apparel manufacturer Hela Clothing has taken a 50% stake in Indonesia's Submiri Intimates Apparel Plc in a move that sees the creation of a new joint venture project to produce intimate products at Ethiopia's Hawassa Industrial Park.
Next continues to demonstrate its agility - What the analysts say
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UK clothing and homeware retailer Next Plc saw its online sales soar 38% in the nine-week Christmas trading period to 26 December, boosting better than expected full-price sales. However, the company remains cautious about the continued uncertainty caused by the Covid-19 pandemic, and its potential economic impact. Next's share price was up 8.69% in morning trading today (5 January).
UK clothing and homeware retailer Next Plc saw its online sales soar 38% in the nine-week Christmas trading period to 26 December, boosting better than expected full-price sales. However, the company remains cautious about the continued uncertainty caused by the Covid-19 pandemic, and its potential economic impact. Next's share price was up 8.69% in morning trading today (5 January).
Why the Brexit trade deal requires good contract management
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The United Kingdom and the European Union finally agreed the EU-UK Trade and Cooperation Agreement (TCA) on 24 December 2020, with the trade agreement signed on 30 December 2020 and applied from 1 January 2021, when the Brexit transition period ended. For Stephen Sidkin and Lucy Coffey from Fox Williams LLP, the free trade deal "is the equivalent of arthritis - you can still do most of what you did before, but it just takes a bit longer and is more painful!"
The United Kingdom and the European Union finally agreed the EU-UK Trade and Cooperation Agreement (TCA) on 24 December 2020, with the trade agreement signed on 30 December 2020 and applied from 1 January 2021, when the Brexit transition period ended. For Stephen Sidkin and Lucy Coffey from Fox Williams LLP, the free trade deal "is the equivalent of arthritis - you can still do most of what you did before, but it just takes a bit longer and is more painful!"
Next cautions on year ahead despite online sales jump
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UK clothing and homeware retailer Next Plc has benefited from investment in its online channel as sales jumped 38% in the nine-week Christmas trading period to 26 December, boosted by loungewear and sportswear.
UK clothing and homeware retailer Next Plc has benefited from investment in its online channel as sales jumped 38% in the nine-week Christmas trading period to 26 December, boosted by loungewear and sportswear.
Digitilisation key to cutting costs, waste in apparel
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The Covid-19 pandemic has accelerated the adoption of digitisation in the apparel industry as the focus from businesses on lowering costs and waste increases, according to a new white paper from YCP Solidiance, an Asia-focused strategy consulting firm.
The Covid-19 pandemic has accelerated the adoption of digitisation in the apparel industry as the focus from businesses on lowering costs and waste increases, according to a new white paper from YCP Solidiance, an Asia-focused strategy consulting firm.
M&S doubles down on activewear amid Covid fashion shift
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Retailer Marks & Spencer is expanding its activewear range to include offerings for both children and men amid the accelerated shift to casualwear seen during 2020 due to the Covid-19 pandemic.
Retailer Marks & Spencer is expanding its activewear range to include offerings for both children and men amid the accelerated shift to casualwear seen during 2020 due to the Covid-19 pandemic.
China commits to sustainable development through EU investment pact
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The European Union (EU) and China have concluded in principle negotiations for a Comprehensive Agreement on Investment (CAI) offering greater market access to EU investors, and a commitment from China on sustainable development, including that of forced labour.
The European Union (EU) and China have concluded in principle negotiations for a Comprehensive Agreement on Investment (CAI) offering greater market access to EU investors, and a commitment from China on sustainable development, including that of forced labour.
Economic recovery still facing many uncertainties
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Economic challenges brought on by the coronavirus pandemic will continue in 2021, but stimulus legislation signed into law just after Christmas will help maintain and accelerate the nation's ongoing recovery, an economist has said.
Economic challenges brought on by the coronavirus pandemic will continue in 2021, but stimulus legislation signed into law just after Christmas will help maintain and accelerate the nation's ongoing recovery, an economist has said.
Generating electricity from nylon could fuel smart clothing
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Researchers have found a way to produce nylon fibres that are smart enough to generate electricity from simple body movement, paving the way for smart clothing that will monitor our health through miniaturised sensors and charge our devices without any external power source.
Researchers have found a way to produce nylon fibres that are smart enough to generate electricity from simple body movement, paving the way for smart clothing that will monitor our health through miniaturised sensors and charge our devices without any external power source.
Filippa K deploys RFID technology for inventory accuracy
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Swedish fashion brand, Filippa K, has deployed an RFID based inventory management platform to improve inventory accuracy and increases product availability throughout their retail supply chains and stores.
Swedish fashion brand, Filippa K, has deployed an RFID based inventory management platform to improve inventory accuracy and increases product availability throughout their retail supply chains and stores.
Duties rise as US GSP and MTB trade programmes expire
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US importers face higher duty rates on some products after lawmakers failed to reach a deal on a new Miscellaneous Tariff Bill (MTB) or the renewal of the Generalized System of Preferences (GSP) programme.
US importers face higher duty rates on some products after lawmakers failed to reach a deal on a new Miscellaneous Tariff Bill (MTB) or the renewal of the Generalized System of Preferences (GSP) programme.
Haiti duty-free apparel limit down 10.3% in year ahead
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The amount of apparel that can be shipped duty-free from Haiti to the United States over the next year is to fall by 10.3%.
The amount of apparel that can be shipped duty-free from Haiti to the United States over the next year is to fall by 10.3%.
Senin, 04 Januari 2021
US retail sector says Vietnam tariffs will hike consumer prices
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The National Retail Federation (NRF) has urged the Office of the US Trade Representative (USTR) to avoid placing tariffs on imports of Vietnamese goods and rely on other remedies to address trade complaints as it has released a report revealing the price of goods from the country could increase by up to 23%, triggering a hunt for new sources of supply.
The National Retail Federation (NRF) has urged the Office of the US Trade Representative (USTR) to avoid placing tariffs on imports of Vietnamese goods and rely on other remedies to address trade complaints as it has released a report revealing the price of goods from the country could increase by up to 23%, triggering a hunt for new sources of supply.
Primark expects GBP650m sales hit on lockdown restrictions
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Primark-owner Associated British Foods (ABF) has warned of a greater loss of sales resulting from the forced closure of stores across the UK and Republic of Ireland as more regions were plunged into Tier 4 last week.
Primark-owner Associated British Foods (ABF) has warned of a greater loss of sales resulting from the forced closure of stores across the UK and Republic of Ireland as more regions were plunged into Tier 4 last week.
60% of Adidas products to be made with green materials in 2021
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German sportswear giant Adidas says more than 60% of all its products will be made with sustainable materials in 2021 in a move that takes it closer to its objective of ending plastic waste.
German sportswear giant Adidas says more than 60% of all its products will be made with sustainable materials in 2021 in a move that takes it closer to its objective of ending plastic waste.
T2T Solutions selects PLM for visibility and efficiency
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Sustainable fashion provider T2T Solutions has invested in a new Product Lifecycle Management (PLM) solution for better control and visibility, and efficiency.
Sustainable fashion provider T2T Solutions has invested in a new Product Lifecycle Management (PLM) solution for better control and visibility, and efficiency.
Fair Labor Association bans Xinjiang sourcing
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Fair Labor Association (FLA) affiliates have now been banned from sourcing from and producing in China's Xinjiang region, a first for the organisation, as concerns grow over human rights and labour violations.
Fair Labor Association (FLA) affiliates have now been banned from sourcing from and producing in China's Xinjiang region, a first for the organisation, as concerns grow over human rights and labour violations.
Philippines garment exporters urge review of roadmap targets
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The Foreign Buyers Association of the Philippines (FOBAP) is urging the Department of Trade and Industry (DTI) to review the targets under the roadmap for the garments industry to take into account the impact of the pandemic.
The Foreign Buyers Association of the Philippines (FOBAP) is urging the Department of Trade and Industry (DTI) to review the targets under the roadmap for the garments industry to take into account the impact of the pandemic.
JCPenney owners commence search for new CEO
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The new ownership group of JCPenney has launched a search for a new CEO to replace Jill Soltau who stepped down from the role at the end of last month.
The new ownership group of JCPenney has launched a search for a new CEO to replace Jill Soltau who stepped down from the role at the end of last month.
Ascena completes sale of Ann Taylor and other brands
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Ascena Retail Group has completed the sale of its Ann Taylor, Loft, Lane Bryant, and Lou & Grey brands to private equity firm Sycamore Partners.
Ascena Retail Group has completed the sale of its Ann Taylor, Loft, Lane Bryant, and Lou & Grey brands to private equity firm Sycamore Partners.
Belda Llorens to verify 100% recycled cotton yarn
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Spanish sustainable yarn spinner Belda Llórens is teaming up with Dutch fibre solutions firm The Movement to verify its Ecolife recycled cotton yarns.
Spanish sustainable yarn spinner Belda Llórens is teaming up with Dutch fibre solutions firm The Movement to verify its Ecolife recycled cotton yarns.
China's Erdos chooses PLM to strengthen product power
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Chinese cashmere clothing group Erdos Investment Holding Group Co has invested in a new Product Lifecycle Management (PLM) solution to help the company accelerate its transition to omnichannel sales.
Chinese cashmere clothing group Erdos Investment Holding Group Co has invested in a new Product Lifecycle Management (PLM) solution to help the company accelerate its transition to omnichannel sales.
Bass Pro agrees Sportsman's Warehouse acquisition
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The Great American Outdoors Group, parent company of Bass Pro Shops and Cabela's, is adding Sportsman's Warehouse Holdings to its line-up in an acquisition valued at around US$800m.
The Great American Outdoors Group, parent company of Bass Pro Shops and Cabela's, is adding Sportsman's Warehouse Holdings to its line-up in an acquisition valued at around US$800m.
UK signs free trade agreement with Turkey
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The UK and Turkey have signed a free trade deal that ensures tariff-free trading arrangements between the two countries now that the UK has left the European Union (EU).
The UK and Turkey have signed a free trade deal that ensures tariff-free trading arrangements between the two countries now that the UK has left the European Union (EU).
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