Climate risks pose growing threat to fashion profits
The global fashion industry could decline by up to 34% by 2030 and 67% by 2040 due to rising costs associated with climate risk, according to recent analysis by the Apparel Impact Institute (Aii).
10 February 2026
10 February 2026
The global fashion industry could decline by up to 34% by 2030 and 67% by 2040 due to rising costs associated with climate risk, according to recent analysis by the Apparel Impact Institute (Aii).
There’s so much going on in the tariff world right now that even people who do this for a living are starting to lose the thread, writes Robert P. Antoshak, Vice President, Global Strategic Sourcing, Grey Matter Concepts.
The UK’s non-food retail sector saw a modest but encouraging start to 2026, as consumer confidence, while improving, “remains weak,” according to the latest figures from the British Retail Consortium (BRC) and KPMG.
Import volumes at major US container ports are projected to decrease year-on-year during the first half of this year, according to the latest Global Port Tracker report published by the National Retail Federation and Hackett Associates.
Net revenue for the three months to 31 December 2025 slipped 5% year-on-year to $1.33bn, or 6% lower on a currency-neutral basis.
Primark has launched its first denim range made of post-consumer recycled waste.
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