Week in Review: Will fashion ever be part of cure instead of the disease?
Latest figures would indicate the fashion industry is not doing enough to shift the needle on sustainability.
Hannah Abdulla December 09 2024

09 December 2024
09 December 2024
Latest figures would indicate the fashion industry is not doing enough to shift the needle on sustainability.
Hannah Abdulla December 09 2024
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Frasers Group's Mike Ashley who owns shares in UK fashion retailer Boohoo Group has urged fellow shareholders to vote for his position on the board, however Boohoo says an independent firm has advised against this due to "real conflicts of interest".
Türkiye is celebrated for its sustainable apparel manufacturing and given it is also the world's seventh largest producer of cotton it now has a unique opportunity to shift towards regenerative cotton farming.
American Eagle Outfitters (AEO), a global retailer specialising in apparel, has reported a ‘strong’ third quarter (Q3) of fiscal year 2024 (FY24), highlighting the impact of its Powering Profitable Growth initiative.
The National Retail Federation (NRF)'s chief economist Jack Kleinhenz has stated expectations for a strong holiday sales period are intact following a robust third quarter and positive economic indicators.
UK fashion retail conglomerate Frasers Group has said it intends to make an offer to acquire all outstanding shares of Norwegian sports retailer XXL, amid internal disagreements over the latter's financial recovery strategies.
Non-profit Canopy has added six Indian fashion brands to its global network to protect forests and says it highlights India's expanding influence in the global movement towards eco-friendly supply chains and conservation efforts.
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GlobalData's latest report gives an in-depth insight into the personalization theme and how it will impact the retail and apparel sector. It further entails a deep-dive analysis of the industry, including real-life use case studies and their impact. The report also identifies the key market trends that will shape the personalization theme over the coming years and gives an insight into the market players and the competitive landscape within the theme.
GlobalData's latest report gives an in-depth insight into the personalization theme and how it will impact the retail and apparel sector. It further entails a deep-dive analysis of the industry, including real-life use case studies and their impact. The report also identifies the key market trends that will shape the personalization theme over the coming years and gives an insight into the market players and the competitive landscape within the theme.
GlobalData's latest report gives an in-depth insight into the personalization theme and how it will impact the retail and apparel sector. It further entails a deep-dive analysis of the industry, including real-life use case studies and their impact. The report also identifies the key market trends that will shape the personalization theme over the coming years and gives an insight into the market players and the competitive landscape within the theme.
GlobalData's latest report gives an in-depth insight into the personalization theme and how it will impact the retail and apparel sector. It further entails a deep-dive analysis of the industry, including real-life use case studies and their impact. The report also identifies the key market trends that will shape the personalization theme over the coming years and gives an insight into the market players and the competitive landscape within the theme.
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