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US apparel businesses report CEO-worker pay ratios
NEW YORK – US-based publicly held corporations are beginning to report typical pay gaps between their CEOs and typical workers
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Resale to capture a third of apparel market
LONDON – The apparel resale market will hit US$20bn by 2022, according to new research, as a new generation of
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M&S signs 2018 Bangladesh Accord
LONDON – UK retailer, Marks & Spencer, has finally signed the 2018 Bangladesh Accord amid growing public pressure. M&S follows
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Leading brands to ban Mohair after peta exposé
NORFOLK – Several leading global apparel brands, including Zara, H&M, Gap and Topshop, have said they will stop selling mohair
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Supplier squeeze hampers CSR efforts in Bangladesh
NEW YORK – Aggressive sourcing practices by apparel brands and retailers are squeezing suppliers in Bangladesh, hitting margins and leading
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GFA outlines sustainability priorities for fashion
COPENHAGEN — The need to address the dominant, wasteful and eminently unsustainable fast fashion business model is a point which
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Nike tops list of most valuable apparel brands
OREGON – Nike remains the most valuable apparel brand in the world according to new research which ranks the US
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JD Sports’ US$400m purchase of Finish Line investigated
SAN DIEGO – The proposed sale of US-based exclusive sports shoe supplier, The Finish Line, to UK-sportswear retailer, JD sports,
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Next chief: 2017 toughest trading for 25 years
LONDON – UK apparel retailer, Next, claimed 2017 was the toughest year for a quarter of a century as it
MEP back EPR proposals for textile products
13th March 2024
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BRUSSELS – Members of the European Parliament have this week adopted proposals by the European Commission to better prevent and reduce waste from textiles across
Infinited Fiber completes €40m funding round
8th March 2024
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HELSINKI – Finnish textile recycling technology and business, Infinited Fiber Company, has completed a two-part financing round totalling €40m. The funding includes investments from new
BlockTexx announces AUD$7m funding round
21st February 2024
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QUEENSLAND – Australian recycling technology company, BlockTexx, has announced the closure of an AUD$7m Series B funding round to scale its textile resource recovery solution.
US Senator asks SEC to block SHEIN IPO
20th February 2024
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FLORIDA – A US Senator has asked the financial regulator to block an initial public offering (IPO) of SHEIN until it can disclose more information
Haelixa and Trudel in traceable silk partnership
15th February 2024
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ZURICH – Swiss traceable textile specialist Haelixa has announced a new partnership with Swiss-Italian business Trudel Silk to provide 100 per cent traceable silk from
Turkish union leader shot in incident at Akar Textile
14th February 2024
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IZMIR – Makum Alagöz, president of the Turkish textile workers’ union DERİTEKS, was this week shot by the brother of the owner of Akar Textile
NGO files complaint over Lululemon greenwashing
13th February 2024
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VANCOUVER – North American fashion brand Lululemon has been accused of greenwashing in a complaint submitted to the Canada’s Competition Bureau. The complaint claims Lululemon’s
SHEIN opens US-based logistics hub
12th February 2024
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SEATTLE – Chinese fast fashion brand SHEIN has announced it will open a Seattle-area office in downtown Bellevue, expanding its growing US footprint. The company
Primark to invest more than £100m in UK stores
12th February 2024
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DUBLIN – British fast fashion retailer Primark says it will invest more than £100m in its UK stores in 2024, as it marks 50 years
