06 December 2024
06 December 2024
A survey conducted by Oxfam, British-founded non-governmental organisation, indicates that 27% of adults attending holiday events are considering purchasing previously owned garments.
A new report from the United Nations Convention to Combat Desertification (UNCCD) has explored the role of the fashion industry in driving environmental change, particularly in relation to land.
Retail returns are projected to hit $890bn in 2024, with retailers anticipating that returns will constitute 16.9% of their total sales for the year, as reported by the National Retail Federation, in collaboration with Happy Returns, a subsidiary of UPS.
The recommerce revolution presents a compelling solution to the environmental and cultural crisis posed by fast fashion, but it's not enough, writes Faircado co-founder and CEO Evolena de Wilde d’Estmael.
PVH Corp, which owns brands including Tommy Hilfiger and Calvin Klein saw a continued downturn in Q3, however it beat its previous expectations of a decline between 6% and 7% with an industry expert stating there is "hope for its future recovery".
Cotton sustainability initiative Better Cotton has joined the Make the Label Count coalition (MTLC) in seeking a critical review and revision of the European Commission’s (EC) Product Environmental Footprint (PEF) methodology for fashion and textiles.
American footwear and athletic apparel retailer Foot Locker has lowered its expectations for the full year 2024 sales and non-GAAP earnings per share (EPS) as its third-quarter sales drop by 1.4%.
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