Top stories on just-style this week include a look at how the UK’s second lockdown is set to cost non-essential retail GBP6.8bn (US$8.8bn), while US apparel imports continued to climb in September on the month prior. Elsewhere, manufacturing activity in China surged to a near-decade high in October, and UK retailer Marks & Spencer has reported its first-ever loss as a publicly-listed company.
UK lockdown 2.0 to cost non-essential retail $8.8bn
A second planned UK lockdown which begins tomorrow (5 November) could cost non-essential retail GBP6.8bn (US$8.8bn) according to new research.
US apparel imports continue to rise in September
The volume of US apparel imports continued to climb in September on the month prior as business picked up for retailers following the pandemic lockdown. Year-on-year was a different picture, however, with shipments continuing to fall. Indonesia and China recorded the largest declines.
China manufacturing activity soars to 10-year high
Manufacturing activity in China surged to a near-decade high in October as the country continued to recover from the Covid-19 pandemic – but overseas demand softened amid a resurgence of the coronavirus across a number of export markets.
Fake organic cotton found by GOTS in India
An investigation into organic cotton fraud in India has revealed 20,000 metric tonnes of cotton were incorrectly certified as organic through a scam abusing the Indian government certification system.
M&S records first loss as H1 clothing sales plummet
UK retailer Marks & Spencer has reported its first-ever loss as a publicly-listed company after coronavirus lockdowns led to a slump in clothing sales.