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Fast fashion’s slow adoption of new fibers puts green targets at risk

by Lionel Rogers
Fast fashion’s slow adoption of new fibers puts green targets at risk

By Bloomberg Published Nov 8, 2023 Retailers like H&M and Inditex are buying only “peanut quantities” of an innovative fiber in a blow to the drive to use more sustainable …

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Birkenstock pushes ahead with debt reduction plan

by David Johnson
Birkenstock pushes ahead with debt reduction plan

Translated by Nicola Mira Published Nov 7, 2023 Following its recent listing on Wall Street, Birkenstock Holding plc is implementing a debt reduction programme, using the liquidity made available through …

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UK online fashion retailer Boohoo defends supplier treatment after BBC probe

by David Johnson
UK online fashion retailer Boohoo defends supplier treatment after BBC probe

By Reuters API Published Nov 6, 2023  British online fashion retailer Boohoo defended its treatment of suppliers on Monday after the BBC said it had seen evidence of staff pressuring …

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Crocs Q3 sales up 6% on Asia Pacific surge

by David Johnson
Crocs Q3 sales up 6% on Asia Pacific surge

Crocs Inc. on Thursday reported third-quarter revenues of $1.05 billion, up 6.2%, on the back of surging growth in Asia Pacific and double-digit growth in the footwear firm’s Crocs brand. Crocs The …

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Amazon punished its own sellers to limit Walmart’s reach, FTC says

by Lionel Rogers
Amazon punished its own sellers to limit Walmart’s reach, FTC says

By Reuters API Published Nov 3, 2023 Amazon.com Inc punished its own sellers to limit Walmart’s reach as Walmart got into e-commerce, according to the Federal Trade Commission (FTC). Reuters …

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a collaboration of drink and design

by Lionel Rogers
a collaboration of drink and design

Scottish-born whisky brand Chivas has teamed with French jewelry artist Dolly Cohen to launch a limited-edition of the renowned Chivas XV Scotch blend. A well-known favorite amongst rappers and pop …

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Skechers launches basketball collection with NBA stars

by David Johnson
Skechers launches basketball collection with NBA stars

Skechers is making its entrance into the basketball world with a debut line of basketball shoes.  Julius Randle in Skechers Basketball: SKX Float. – Skechers The Skechers basketball collection launches …

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FounderSix secures $12 million investment from KD Capital

by David Johnson
FounderSix secures  million investment from KD Capital

FounderSix, a beauty brand incubator co-founded by Oli Goulden and Pieter Wittgen, announced on Wednesday a $12 million investment from venture capital firm KD Capital.  FounderSix secures $12 million investment …

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THG sales still down but September sees recovery

by David Johnson
THG sales still down but September sees recovery

THG’s Q3 trading update on Tuesday showed revenue still falling, but it returned to revenue growth on a constant currency (CCY) basis in September. It revealed a 0.3% reported fall …

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JD.com shares hit record low, banks cut Q3 growth target on retail slowdown

by David Johnson
JD.com shares hit record low, banks cut Q3 growth target on retail slowdown

By Reuters Published Oct 15, 2023 Shares in Chinese e-commerce giant JD.com fell as much as 13% to a record low on Friday after several banks and brokers cut price …

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