2022-02-15
Shoes, clothing, and accessories manufacturer Adidas is creating new possibilities for women in sports with its biggest ever commitment to innovation, athletes and future generations. As a major year of sport commences, Adidas continues its ‘Impossible Is Nothing’ story with the announcement of its Read More
2022-02-09
New Look has published a Sustainability Strategy Update as part of its ‘Kind to Our Core’ initiative, including a commitment to become climate positive by 2040, as well as reducing greenhouse gas (GHG) emissions from products by 50 per cent by 2030. New Look is a fashion retailer operating in the va Read More
2022-01-27
A bill to hold big fashion brands in New York accountable on sustainability and worker's rights would require all apparel-footwear retailers in the US state with global revenues of at least $100 million to disclose their plans to identify, prevent, mitigate and account for how they address the adver Read More
2022-01-25
Forever 21 has announced Winnie Park as chief executive officer (CEO) of the fashion brand. The appointment is effective immediately. Park joins Forever 21 from Paper Source, where she served as CEO for the past six years. She also led the successful sale of the brand to an affiliate of Barnes & Nob Read More
2022-01-21
The American Apparel & Footwear Association (AAFA) recently sent a letter to President Joe Biden applauding him for focusing on the shipping crisis and taking long-term action to prevent the next such crisis. Noting that the crisis is getting worse, AAFA urged Biden to take more action now involving Read More
2022-01-19
Corporate profitability in India, as defined by the earnings before interest, taxes, depreciation and amortisation (EBITDA) margin, likely dropped 100-120 basis points (bps) year on year and 70-100 bps sequentially in the third quarter of this fiscal, said CRISIL. Revenue for readymade garments and Read More