Britons angry about greenwashing, will reject guilty brands

Marking the first ever Organic Textile Week (happening until Sunday), a new poll has revealed that people are “turning their backs on clothing brands that are intentionally misleading them”.The event is organised by the Organic Trade Board (OTB) and Global Organic Textile Standard (GOTS) to celebrate and promote certified organic textiles, “while informing consumers about how to identify truly organic options”.

They spoke to 2,000 people across the UK and found that as many as 70% claim to be less likely to buy again from a brand if that brand falsely claimed their products were organic.And 59% are “angry or disgusted to find some clothing brands claiming to be organic may actually contain hazardous synthetic pesticides and other chemicals”.Meanwhile, 57% think it’s im…

British luxury sector now worth £48 billion – report

According to a report released by Walpole, the luxury trade body, the UK luxury industries now contribute £48 billion a year to the British economy. They include designer clothing and footwear, fine wines and spirits, luxury accessories, luxury jewellery and timepieces, high-end beauty and high-end car manufacturing.And there are signs the sector will continue to grow rapidly to an estimated £65 billion by 2024 if the UK and the European Union secure an agreement on their future trading relationship.

That is because the sector is increasingly export-focused, with 80% of production destined for overseas markets such as the European Union, North America and China. This is up 54% since 2013.International shoppers are also accounting for a significant proportion of luxury sales made…

American Apparel’s ‘made in U.S.’ heritage uncertain after deal

Gildan said on Tuesday it will buy manufacturing equipment and intellectual property rights related to American Apparel, but the Canadian company did not assume the leases of its California manufacturing plants, fueling questions over where the clothing will be produced.Reuters reported late on Monday that Gildan had won the bankruptcy auction, which also attracted other bidders such as California-based apparel maker Next Level Apparel and had garnered interest from Amazon.com Inc.

Gildan had originally planned to take some of American Apparel’s manufacturing plants, but ultimately opted against it.Garry Bell, a Gildan spokesman, said the firm would decide where to make the clothing when it completes its integration plan for the brand.”We felt it was best to not assume these lease…

BRC urges government to extend credit insurance scheme

Importantly, it could leave some retailers having to pay upfront for goods in the run-up to Christmas, tying up much-needed cash after the toughest of trading years. The trade credit reinsurance scheme was introduced in May 2020 and offers indemnities to specialist insurers who cover suppliers against the risk of non-payment by their customers. คำพูดจาก สล็อตเว็บตรง

It was extended in December but it will now finish at the end of the month, the same time as the moratorium on evictions for property renters ends. According to the Financial Times, the BRC has written to business minister Paul Scully arguing that if insurers base risk assessments on retailers’ rec…

Fashion fared badly in April with sales falling, new BDO report shows

It also marked the third month of in-store sales decline so far this year and 15 months of disappointing sales for the sector.And there was even worse news for the fashion category as in-store sales here declined 0.8%, again from a poor base of -3.3%. 

Other sectors did badly too with lifestyle sales down 0.4%, but at least homewares managed a 0.6% rise, although this hardly made up for the massive 8.8% drop of a year ago.So did online take up the slack? Yes it did. Non-store like-for-like sales grew by 18.3% in April as shoppers continue to head online.Sophie Michael, Head of Retail and Wholesale at BDO, said that while a marginal drop in sales “may not on the face of it seem significant, it has to be taken in the context of a low benchmark and, crucially, what should have bee…

Fashion is fast, homewares will be faster

The world of high-end fashion brands is an established example of how fashion houses like Armani or Versace have developed homewares lines that are integral and economically important parts of their empires. But the fact that more affordable brands like H&M and Zara have their own stores offering homewares in prime locations in German city centres is a disruptive new development that is threatening the local furniture sectorคำพูดจาก สล็อตเว็บตรง. Conventional suppliers of home accessories and bedding are starting to realise they have matured alongside their customers, and have failed to adapt to a new generation of shoppers who are looking beyond Ikea for strong brands with …

New orders difficult to secure for Turkish manufacturers in Q4 2023

As a result, production was scaled back, firms acted to lower their employment and purchasing activity, and total new orders and new export business moderated over the course of the month.There was some respite in terms of inflationary pressures, however, with both input costs and selling prices rising at softer rates than in September, S&P Global said in a release.The headline Istanbul Chamber of Industry Turkey manufacturing purchasing managers’ index posted below the 50 no-change mark for the fourth consecutive month in October. At 48.4, the index signalled a modest easing of business conditions during the month, but one that was more pronounced than that seen in September (PMI at 49.6).

Moreover, total new business slowed to the largest degree since last November. In line wi…

Tapestry joins 50-plus fashion firms with diversity pledge

The New York-based house, whose brands include Coach, Kate Spade New York and Stuart Weitzman, has signed an ‘Open to All’ pledge that aims to raise awareness of the importance of protecting people from discrimination.More than 50 fashion houses and brands have signed the pledge since its launch two years ago, including the Council of Fashion Designers of America (CFDA), Levi Strauss & Co., Gap Inc., Old Navy and the Ascena retail group (which includes Ann Taylor and Lane Bryant). Capri Holdings (Michael Kors, Jimmy Choo, Versace), Diane von Furstenberg, H&M Group and Inditex were among the others to sign.คำพูดจาก สล็อตเว็บตรง

Altogether, the coalition counts more th…

U.S. trial accusing Trump foe Avenatti of Nike extortion kicks off

Avenatti, 48, is charged with threatening to publicize accusations that Nike Inc illegally paid families of college basketball recruits unless the sportswear company paid him and another lawyer $15 million to $25 million to conduct an internal probe.He is also charged with defrauding his client Gary Franklin, who coached in the Nike Elite Youth Basketball League, by concealing a settlement offer made by Nike, and using the coach’s accusations to extract riches for himself.Nike has denied wrongdoing.

Avenatti has pleaded not guilty. He could face more than 40 years in prison if convicted.Prospective jurors will fill out questionnaires on Monday and be questioned by lawyers on Tuesday.Avenatti’s trial before U.Sคำพูดจาก

CMA targets fashion over greenwashing

Brands could be forced to change the way they advertise or face court action if they are found to have breached consumer protection law.The CMA is understood to have prioritised fashion because of the size of the market and the scale of consumer concernsคำพูดจาก pg slot เว็บใหม่. Other sectors of concern include beauty, food, drink and transport.

The CMA’s director of consumer protection, Cecilia Parker Aranha, told The Guardian newspaper: “People are becoming increasingly aware of the negative impact that fashion can have on our planet. “We know many shoppers are actively looking for brands which are doing good things for the environment – and …