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Asos pulls through pandemic with "robust" momentum

15 July 2020 | Michelle Russell

UK online fast fashion retailer Asos appears to be pulling through the coronavirus pandemic relatively unscathed as it booked higher sales in its third-quarter and offered an optimistic outlook for the full year. Analysts believe the group's flexible business model and a "robust" momentum in the business put Asos in a good position moving forward.... read more


Asos optimistic on outlook as Q3 sales grow 10%

15 July 2020 | Michelle Russell

Online fast fashion retailer Asos has said it expects full-year earnings to come in at the top end of market expectations after sales rose 10% in the third quarter thanks to an improvement in demand.... read more


C&A rejects allegations of supply chain labour rights violations

13 July 2020 | Hannah Abdulla

C&A has slammed allegations by worker rights campaigners that claim the firm "allowed violations of labour rights" at a garment production facility in Myanmar.... read more


Green recovery measures proposed for EU apparel and footwear

19 June 2020 | Beth Wright

Three leading apparel organisations have outlined seven key measures they believe are necessary for a green recovery of the European clothing and footwear industry over the next one to five years.... read more


Asos scales up use of augmented reality to weather Covid-19 storm

6 May 2020 | Beth Wright

UK online fashion retailer Asos is ramping up its use of augmented reality (AR) technology to simulate real-life model photography in response to the Covid-19 pandemic.... read more


Asos posts "record" H1 profits but virus impact starting to weigh on sales

8 April 2020 | Hannah Abdulla

Asos has posted record first-half revenues and profits, but the impact of coronavirus on the most recent three weeks of trading has prompted the UK online fashion retailer to conduct a share sale to shore up its finances, from which it has raised GBP247m (US$306m).... read more


Asos lowers operational carbon reduction on orders

3 March 2020 | Michelle Russell

Online fast fashion retailer Asos has achieved a 30% reduction in operational carbon emissions per order over the last four years, but says customer delivery remains the most material part of its footprint and is a "continued focus".... read more


C&A Foundation scales efforts as Laudes Foundation

5 February 2020 | Hannah Abdulla

The C&A Foundation – the corporate foundation affiliated with global retailer C&A – is preparing to scale its activities beyond fashion when it transitions to the Laudes Foundation later this month, with a broadened focus on climate breakdown and inequality.... read more


C&A claims "world’s most sustainable denim"

31 January 2020 | Beth Wright

Fashion retailer C&A has launched the first Cradle to Cradle (C2C) certified platinum fabric and what it claims is the world’s most sustainable denim.... read more


Record Black Friday drives better than expected Asos sales

23 January 2020 | Beth Wright

Asos has reported an "encouraging" start to its new financial year as a record Black Friday weekend helped drive a better than expected sales performance with double-digit retail revenue growth.... read more


Asos harnesses augmented reality for fit tool trial

15 January 2020 | Beth Wright

Asos has become the first retailer in Europe to trial a new Augmented Reality (AR) tool that offers consumers a simulated view of a garment in different sizes and on different body types to help drive more informed purchases.... read more


Fashion industry pilot to produce first circular polybag

12 December 2019 | Beth Wright

A new pilot project aims to reduce the use and impact of virgin polybags in the fashion industry by developing a fully circular solution based on recycled content.... read more


How cutting-edge technologies can track organic cotton

22 November 2019 | Beth Wright

A pilot project that combines on-product markers and blockchain technology to trace organic cotton from farm to consumer – a first in the apparel industry – has been deemed so successful that it could be implemented on a wider scale in the organic cotton sector and shows "enormous potential" as an end-to-end traceability solution for other preferred fibres in the fashion supply chain.... read more


Brands still failing to deliver on responsible viscose sourcing

20 November 2019 | Michelle Russell

A new report has found that while the issue of responsible viscose production is now firmly on the agenda of the fashion industry, there are still brands and retailers failing to deliver on responsible sourcing.... read more


Has Asos taken on too much? What the analysts say

16 October 2019 | Beth Wright

UK online fashion retailer Asos has blamed warehouse issues in the US and EU, along with restructuring costs and slowing international sales for a 68% drop in pre-tax profit to GBP33.1m. The news, analysts say, proves the company has taken on too much with its "overambitious" plans. ... read more


Asos FY profits tumble amid "disruptive" year

16 October 2019 | Beth Wright

Shares in Asos surged by more than 17% this morning (16 October) as the UK-based online fashion retailer reported a "disappointing" full-year performance marred by warehouse automation and restructuring issues.... read more


Apparel brands join forces to tackle global packaging supply chain

3 October 2019 | Beth Wright

Apparel industry heavyweights H&M, VF Corp, Kontoor Brands and Asos are among ten companies that have committed to a new initiative launched by environmental not-for-profit Canopy to transform the impacts of the global packaging supply chain on forests.... read more


Asos seeks supplier discount to offset investment costs

21 August 2019 | Hannah Abdulla

UK fashion e-tailer Asos has requested a cut in prices from suppliers to help offset ongoing investments in the business to drive sales and growth.... read more


Asos shares tumble on FY profit warning

18 July 2019 | Beth Wright

Shares in Asos remained down by more than 17% this afternoon (18 July) as the UK-based online fashion retailer reduced its full-year sales and profit expectations.... read more


C&A Foundation to probe impact of circular fashion models

27 June 2019 | Beth Wright

C&A Foundation is seeking prototype initiatives or research programmes to investigate the financial, health or social impacts of circular fashion business models on women and vulnerable groups.... read more


Asos adds responsible filter for eco-friendly items

24 June 2019 | Beth Wright

UK online fashion retailer Asos has unveiled two new features to highlight the environmentally conscious clothing sold on its site and offer customers a way to identify those brands and products more easily.... read more


H&M and Gap Inc top Better Cotton sourcing leaderboard

18 June 2019 | Beth Wright

Swedish apparel giant Hennes & Mauritz (H&M), furniture giant Ikea, and US speciality apparel retailer Gap Inc have topped a new ranking by the Better Cotton Initiative (BCI) based on their total Better Cotton sourcing volumes in 2018. ... read more


Asos uses augmented reality to launch virtual catwalk

14 June 2019 | Beth Wright

UK online fashion retailer Asos has launched its first augmented reality (AR) experience - ‘Virtual Catwalk’. ... read more


Asos optimistic despite H1 profit plunge

10 April 2019 | Beth Wright

Despite booking what it calls a "disappointing" first-half performance, UK online fashion retailer Asos has posted a double-digit jump in revenues in the period – and continues to far outperform its competitors, according to one analyst.... read more


Asos shares tumble as H1 growth slows

19 March 2019 | Beth Wright

Shares in Asos remained down by more than 8% this afternoon (19 March) as sales growth slowed at the UK-based online fashion retailer in the first half. ... read more


The price of US imports from China continues to fall

19 March 2019 | Leonie Barrie

Despite concerns about sourcing from China amid an intensifying trade war with the US, newly-published figures show China continues to dominate US apparel imports – with import volume rising and prices continuing to fall again last year.... read more


Outlook for UK retailers looks bleak

11 March 2019 | Hannah Abdulla

The outlook for UK retailers continues to look bleak. UK department store John Lewis blamed a "challenging" retail backdrop for a more than 45% drop in full-year profits to GBP160m. It was a similar story for rival Debenhams, which issued a warning on full-year profits based on poor sales performance. In an update, the retailer said for the 18 weeks to 5 January, gross transaction value fell 5.6% and like-for-like sales were down 5.7%. ... read more


How Levi Strauss is driving sustainable change

4 March 2019 | Beth Wright

The denim and jeans sector is having to work tirelessly to change perceptions over its sustainability, or lack of it. But change is nigh, promises Michael Kobori, vice president of social and environmental sustainability at Levi Strauss & Co. The company recently expanded its Partnership for Cleaner Textiles (PaCT) programme to four countries in Asia and is now engaging in one of its most ambitious plans to date, with a target to cut carbon emissions across its supply chain by 40% by 2025. "At this point, that is the most aggressive target in the industry, we believe, in terms of both the magnitude and the timeframe," Kobori tells just-style.... read more


British MPs call for laws to tackle fast fashion

25 February 2019 | Hannah Abdulla

The UK government is being urged to introduce legislation that requires fashion brands and retailers to perform due diligence checks across their supply chains and take more responsibility for the environmental impact of their businesses. ... read more


Cambodia facing trade benefits suspension

18 February 2019 | Beth Wright

The European Union has officially started the process that could lead to the temporary suspension of Cambodia's preferential access to the EU market under the Everything But Arms (EBA) trade scheme. The move follows a warning toCambodia in Octoberthat without clear and demonstrable improvements to its human rights situation there would be asuspension of trade preferences. Not surprisingly, the news has disappointedthe Garment Manufacturers Association in Cambodia (GMAC), which sayssuch a movewould jeopardise the country's efforts to build a responsible apparel supply chain.... read more


US imports hit by earlier stockpiling efforts

11 February 2019 | Hannah Abdulla

Latest figures have revealed a fall in US apparel import volumes from nine of the top ten supplier countries in November. China, its biggest apparel supplier, booked flat growth. The picture was hugely different from the previous month where all ten showed positive growth for imports into the US, suggesting retailers were stockpiling earlier to get ahead of the holiday period, as well as bringing in spring merchandise, in a bid to beat a potential increase in tariffs on goods from China.... read more


Hemp apparel – hype or opportunity?

4 February 2019 | Leonie Barrie

With products derived from hemp making their presence felt in a range of industries, from food and drinks to medicines, we've looked at potential applications in clothing – and issues for the supply chain.... read more


TexOps restructure and the quest to get ahead

28 January 2019 | Beth Wright

Salvadoran sportswear maquila TexOps is navigating a painful restructuring, with owner David Ha putting the brakes on expansion. "We are going back to basics,” the Korean entrepreneur tells just-style in an exclusive interview, revealing how the firm is strategising ahead to get ready for what is coming. This, he says, includes an increase in US labels shifting sourcing south of the border as Trump's trade war with China escalates.... read more


Brexit deal rejection worries apparel industry

21 January 2019 | Hannah Abdulla

Last week's rejection of Theresa May's proposed UK-EU Brexit deal by MPs saw chatter spike among industry execs who say a No-Deal Brexit could be problematic for the sector given its heavy reliance on overseas talent ... read more


US trade updates out of date

15 January 2019 | Leonie Barrie

Apparel and textile industry executives are among those being deprived of key trade and economic data amid the ongoing US government shutdown – at a time when trade tensions between the US and China mean that having access to the most up-to-date statistics is more important than ever.... read more


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