Boohoo urges shareholders to vote against ousting co-founder Kamani
UK online fashion retailer Boohoo Group has appealed to its shareholders to oppose a resolution seeking the ousting of its co-founder Mahmud Kamani from the board.
09 January 2025
09 January 2025
UK online fashion retailer Boohoo Group has appealed to its shareholders to oppose a resolution seeking the ousting of its co-founder Mahmud Kamani from the board.
The CEO of material regeneration firm Reju tells Just Style there's been a lot of talk in the world of textile recycling, and very little "build," but he is optimistic that by 2027 his company alongside others will be ready to make a "big impact".
An industry insider believes US fashion brand True Religion needs to differentiate itself within the busy fashion marketplace following its acquisition by private equity investment firm ACON Investments.
UK fashion retailer Marks & Spencer (M&S) reported a robust performance in Q3 with an industry expert crediting its new wider fashion appeal, however it has signalled caution for 2025 due to impending cost pressures from tax hikes.
The US economy has remained resilient in the face of inflationary pressures and elevated borrowing costs throughout 2024 and is expected to maintain its robustness into 2025.
A recent study by scholars from Université catholique de Louvain and Edhec Business School suggests clothing rental services can lead to higher consumption among certain consumer groups.
UK retailers are preparing to grapple with a projected £7bn ($8.59bn) surge in costs in 2025 due to the budget's impact, contributing to an expectation of rising retail prices.
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