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Market Buzz& Industry News

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M&S shakes up kidswear in effort to grow sales

01/23/2020

UK fashion and homeware retailer Marks & Spencer is shaking up its kidswear range as part of efforts to broaden its apparel and grow its share of the childrenswear market.

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UN Fashion Charter for Climate Action - Signatories so far

01/23/2020

The UN Fashion Industry Charter for Climate Action (UN Fashion Charter) is an industry-wide initiative to collectively addressing the climate impact of the fashion sector across its entire value chain. Signatories commit to reducing aggregate greenhouse gas emissions through their global supply chains by 30% by 2030, and to not installing new sources of coal-fired heat or power generation in ti...

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Cambodia labour issues continue to concern brands

01/24/2020

Ongoing concerns over the deteriorating labour and human rights situation in Cambodia have again prompted a number of brands and retailers - including Adidas, Levi Strauss, Ralph Lauren and Under Armour - to call on the government to set out steps to bring the country in line with international standards. 

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More Myanmar factories complete chemical training

01/24/2020

Five more factories in Myanmar have completed a chemical management and detox programme developed by SMART Textile & Garments, a European Union-funded initiative aimed at promoting 'Made in Myanmar' garments and sustainable practices.

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New tool helps shoppers calculate their fashion footprint

01/24/2020

A new tool has launched to help consumers discover the carbon impact of their wardrobes - as well as outlining steps they can take to lighten their fashion footprint. 

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Isko debuts denim alternative to fur

01/24/2020

As an increasing number of apparel brands, retailers and designers move to ban fur from their collections, Turkish denim producer Isko has developed what it claims is the first denim alternative to fur and other synthetic imitations.

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Top stories this week on just-style...

01/24/2020

Top stories this week on just-style include a look at how the US-China trade deal offers little relief to apparel firms, organisers of denim trade show Kingpins have lambasted the cotton industry for making too many claims of sustainability with no clear agreement on what the word means, and US apparel giant VF Corp is reviewing options for it workwear brands.

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Browzwear 3D visuals now shared across the web

01/23/2020

3D design and development software specialist Browzwear has added Sketchfab's 3D Viewer to its latest product update so that its interactive 3D models can be viewed on any apparel web platform.

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EU competition seeks sustainable fashion ideas

01/24/2020

The European Commission is on the look-out for early-stage projects trying to change the way fashion is produced, brought, used and recycled - with up to EUR50,000 (US$51,100) available for the three winning ideas.

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The nations making up the list of Europe's biggest textile polluters

01/23/2020

Labfresh, a Dutch menswear brand, has uncovered Europe's 15 biggest textile polluting nations in a survey aimed at encouraging a change in fashion consumption habits and reducing textile waste.

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From Field to Shelf - The environmental cost of online shopping

01/15/2020

E-commerce has been a boon for the fashion retail industry. But it also comes with a cost: the overnight deliveries and corresponding returns add dramatically to the carbon footprint of our industry, whether we like to admit it or not, says Robert Antoshak, managing director at Olah Inc.

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Mothercare CEO steps down as transformation continues

01/23/2020

Mothercare CEO Mark-Newton Jones has resigned from his position as the group moves through the final stages of its transformation plan to become an international franchise operation.

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EU warns of retaliatory tariffs if Trump threat realised

01/23/2020

The European Union has warned it will respond to any additional US tariffs with duties of its own on US products in an ongoing trade spat over aircraft subsidies.

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Express to shutter 100 stores by 2022, outlines new strategy

01/23/2020

US apparel retailer Express, Inc has narrowed its fourth-quarter guidance and outlined a new three-year corporate strategy which includes a 'fleet rationalisation plan' to close about 100 stores by 2022 and a new approach to product.

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Chemical screening tool offers textile sector transparency

01/23/2020

Levi Strauss & Co has partnered with chemical management software provider Scivera, and analytical chemistry lab NimkarTek, to develop a screening programme for tracking hazardous contaminants in commodity chemicals in the global apparel supply chain.

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Record Black Friday drives better than expected Asos sales

01/23/2020

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.

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Asos back on track - What the analysts say

01/23/2020

Asos has booked a 20% increase in total group revenue for the peak four-month trading period to the end of December, largely driven by a "record" Black Friday weekend. The performance has been hailed by the UK online fashion retailer as an encouraging start to the year, with analysts noting Asos is "back on track" as growth returns to previous levels.

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US Q3 in brief - VF Corp, Genesco, Stage Stores

10/01/2019

In the latest third-quarter filings from US apparel and footwear brands and retailers, Stage Stores has narrowed its net loss, Vince Holding Corp has booked a rise in both earnings and sales, while American Eagle Outfitters has reported record revenue for the period. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and M...

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First sustainable standard for cashmere launches

01/23/2020

Non-profit Aid by Trade Foundation (AbTF) has launched what it says is the first standard for sustainable cashmere, meeting increased consumer demand for sustainability, quality, and transparency.

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Original Footwear Inc expands into consumer space following acquisition

01/23/2020

US military and law enforcement footwear manufacturer Original Footwear Inc. is entering the consumer market following its acquisition by a private equity firm.

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