The 2020 report by Paris-based association Climate Chance has described the global textile and apparel industry’s efforts to deal with the challenges of sustainable development as both fragmentary and insufficient.
Black Friday will be the biggest shopping event this holiday season, despite the unprecedented changes in consumer shopping behaviour. Value and safety are key concerns, and brand loyalty is weak, new research shows.
Fashion sales have been devastated this year by the impact of the pandemic, but new figures suggest that they won't be seeing a fast bounce-back. In fact, UK fashion sales won't recover fully until Christmas 2023.
With the coronavirus having sent most of the world's luxury spending into a tailspin and China the only major economy expected to show growth this year, brands now depend more than ever on Chinese consumers for sales.
Fashion is going out of its way to prove its sustainability credentials but a new report says it needs to cut its carbon emissions in half by 2030 to contribute to the goals set out in the 2015 Paris Climate Agreement.
The house of Giambattista Valli has appointed Charlotte Werner to be its new Chief Executive Officer, as the house’s recent investor Artémis helps to boost the management of the critically acclaimed couturier and house.
Luxury industry leaders have assessed the impact of Covid-19 on the sector, envisaging a recovery only in the long-term, according to a survey by the Italian Fashion Chamber and Pitti Immagine, with McKinsey & Company.