Frasers Group ‘coy’ as rumours mount over Shein-Missguided deal
Frasers Group has refused to be drawn into speculation it is in talks with Shein to offload its Missguided brand.
Laura Husband September 18 2023

18 September 2023
18 September 2023
Frasers Group has refused to be drawn into speculation it is in talks with Shein to offload its Missguided brand.
Laura Husband September 18 2023
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Reports across several media outlets suggesting Shein is looking to acquire fast fashion brand Missguided are "correct" Frasers Group has confirmed to Just Style today.
Chemical and agricultural solutions developer BASF invited global cotton farmers to the United Nation's (UN) headquarters last week to discuss how to create a better future for sustainable cotton production and the cotton textile industry.
Matthew Shay, president and CEO of the National Retail Federation (NRF) shares that consumers are focused on household priorities as evidenced by spending this back-to-school season, a trend which he believes will continue growing "moderately" entering fall despite uncertainties like inflation and higher interest rates.
US Senator Kirsten Gillibrand has reintroduced the Fashioning Accountability and Building Real Institutional Change (FABRIC) Act to combat subminimum wages, enhance transparency, and support domestic garment manufacturing.
Denim sourcing centre, Star Fades International (SFI) owned by Artistic Milliners has struck a deal to expand denim nearshoring opportunities across the Western Hemisphere with Guatemala-based garment manufacturer Denimville.
Cornell University's Global Labor Institute (GLI), in partnership with the global investment firm Schroders, has published two reports on the impacts of climate change on global apparel production and suggests extreme heat and flooding are threatening key apparel production hubs.
The US Border and Customs Protection (CBP) has turned to Isotopic testing in its efforts to crack down on garments made with cotton from the Xinjiang Uyghur Autonomous Region (XUAR), which has long been scrutinised for forced labour practices.
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Menswear is the largest category within the outdoor sportswear market due to the practice of outdoor sports being traditionally more popular with men, and the streetwear trend originating in menswear. Womenswear has more scope to grow, with an expected CAGR of >7% between 2022 and 2027 (per GlobalData), as more female consumers take up outdoor sporting activities and more brands launch female focused ranges, including fashion players like H&M and Zara.
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