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Apparel DECODED

Latest edition: 24 May 2024
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Spotlight

Explainer: Why fashion brands must embrace collective financing

Fashion brands are being urged to get on board with collective financing to support the global apparel supply chain's goal of becoming more sustainable.

Latest news

Superdry expands restructure plan, store closures to avoid insolvency

UK fashion retailer Superdry is urging shareholders to approve a new restructure plan that includes the closure of 25-30 European stores in a bid to make the company financially sustainable.

Fashion brands distance themselves from labour abuse claims, BHRRC says

A new report finds nearly half of fashion brands distance themselves from direct responsibility for labour issues outside their facilities or after ceasing operations with the factories involved.

The Very Group urged to expand premium fashion after Q3 revenue dip

The Very Group’s retail sales saw a decline of 0.4% in its third quarter (Q3) with an industry expert suggesting its premium fashion range, which rose 19.4% in the period could provide an opportunity for growth.

Goodwill Industries hosts textile circularity event in Rochester

60 Goodwill leaders, along with partners from the textile recycling industry and researchers from the Rochester Institute of Technology, gathered for a two-day event to advance circularity and extend the life of donated goods.

Gildan CEO, board step down after shareholders back replacements

Gildan Activewear Inc.'s CEO and board of directors step down after shareholder Browning West receives support from its fellow shareholders to replace the board and reinstate Glenn Chamandy as CEO.

In data: Unlocking the next level in sustainable fashion

Non-profit Global Fashion Agenda (GFA) has released a special edition of the Fashion CEO Agenda, a strategic resource designed to steer fashion organisations towards achieving net positive industry by 2050.