News
SAC update aims to reduce audit fatigue
SAN FRANCISCO – The Sustainable Apparel Coalition (SAC) has released an updated version of its Higg Facility Environmental Module (Higg FEM),
Under Armour continues executive shake-up
BALTIMORE – US sports brand Under Armour has hired a new finance chief and digital product head as part of
News
Luxury brands buoyed by EU online retailer ruling
BRUSSELS – The European Court of Justice (ECJ) has ruled that luxury brands can prevent third party retailers selling their products
Lululemon builds momentum for holiday season
VANCOUVER – Canadian sports and leisurewear business, Lululemon, has reported better than expected third quarter results with net revenues up
G-III sales top US$1bn for Q3
NEW YORK – G-III Apparel Group, as US-based manufacturer and distributor of apparel under licensed brands, owned brands and private
Sears to close further stores
ILLINOIS – US department store retailer Sears Holdings has announced it is to close an additional 39 Sears and 64 Kmart
H&M accused of incinerating unsold clothing stock
STOCKHOLM – Fast fashion giant H&M has been accused of incinerating unsold clothing stock rather than recycling it. Swedish media
Myanmar exports grow amid ethical violence
NAYPYIDAW – Garment exports from Myanmar are on the up despite ongoing political unrest and allegations of ethnic cleansing in
News
Brands make recycled polyester pledge
TEXAS – A group of leading international apparel brands have publicly pledged to increase their use of recycled polyester (rPET)
Shein files for London Stock Exchange IPO
25th June 2024
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LONDON – Shein has confidentially filed for an initial public offering (IPO) on the London Stock Exchange, according to multiple reports. Rumours have been circulating
Toxic substances found in Shein clothing
29th May 2024
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SEOUL – Children’s clothing items sold by Chinese fast fashion brand Shein contained toxic substances at levels hundreds of times above permitted limits. Toxic substances
Shein’s profits double to over US$2bn
3rd April 2024
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BEIJING – Fast fashion giant Shein has seen its profits soar, more than doubling to over US$2bn amid preparations for a stock market listing in
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
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
