eBay UK and BFC name Circular Fashion Innovator’s Fund shortlist
Targeting “early stage businesses with the potential to transform the fashion industry, offering a variety of sustainable solutions, from rental models to curated children’s pre-loved clothes boxes”…
Luxury brands that reject resale risk losing out, says study
As pointed out by the study, the global luxury resale market is already estimated to be worth between $25 billion and $30 billion, with many industry observers…
Italy becomes European leader in technical textiles production
Technical textiles are ubiquitous: they are used to produce uniforms and high-tech fibres in the medical field, protective vests for law enforcement, flight suits, fireproof suits for…
EssilorLuxottica offers to sell stores to win EU okay for Dutch deal – source
EssilorLuxottica submitted its offer to the European Commission on Monday, a filing on the EU executive’s site showed. The EU competition enforcer will decide by April 12…
Burberry raises pay rates early due to cost-of-living crisis
The UK luxury fashion house wants to introduce new UK Real Living Wage pay rates, as defined by the Living Wage Foundation (LWF), well ahead of schedule…
Little cheer in October as UK consumer confidence falls for third month – GfK
And it’s no wonder. Against a backdrop of “cheerless domestic news” including product shortages, surging inflation, the likelihood of interest rate rises and climbing Covid rates, “it…
Levis and Wrangler vow to protect women making jeans from sexual abuse
“These breakthrough agreements set an example for the rest of the apparel industry on how to address harassment and abuse,” said Rola Abimourched, Senior Program Director with…
Mnuchin says further U.S. tariffs on China at least a month away
Washington earlier this month hiked existing tariffs on $200 billion (157.85 billion pounds) in Chinese goods, prompting Beijing to retaliate, as talks to end a 10-month trade…
India’s Future Retail asks court to declare arbitration with Amazon illegal
Amazon successfully used the terms of its toehold $200 million investment in debt-laden Future to block the Indian retailer’s attempt to sell retail assets to a rival, alleging…
Lyst sees eco search surge, resale also on the rise
The company said ‘vegan fashion’ searches have risen 119% since October and accounted for 9.3 million+ social impressions. Overall, sustainable fashion searches have gone up 66% since…