Slow start for UK summer clothing as damp weather hits April sales

Clothing sales in the UK remain “subdued” on the back of poor weather, contributing to a 2.8% year-on-year fall in non-food sales over the three months to April.

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#JSDaily
#UKRetail

Polybion has announced the global launch of Celium, adding it marks a 'significant milestone' for the company and bringing biomaterials a step closer to becoming a widely accessible choice for large-scale consumer applications.

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#JSDaily
#Celium

Loop Industries has entered a joint venture with Ester Industries to build and operate an Infinite Loop India manufacturing facility for the production of recycled dimethyl terephthalate (“rDMT”) and recycled mono-ethylene glycol (“rMEG”).

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#JSDaily

BGMEA president SM Mannan Kochi who took charge on 6 April explains he is committed to improving the overall performance of the country’s readymade garment (RMG) industry, boosting competitiveness and sustainability.
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BGMEA
#interview
#JSDaily

Maersk has updated its customers and warns the effects of the situation in the Red Sea are “widening and continuing to cause industry-wide disruptions”.
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Maersk
S&P Global Market Intelligence
AAFA
National Retail Federation

#fashionsector
#RedSea
#JSDaily

Uzbekistan is on a quest to raise its profile as a world-leading producer of forced labour-free and ethical cotton.
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Cotton Campaign
Better Cotton

#Uzbekistancotton
#duediligence
#JSDaily

Bangladesh ‘play-it-safe’ strategy is hurting its US apparel exports

US apparel imports from Bangladesh sank in March as concern grows the country's garment sector is failing to capitalise on added-value and remain competitive.

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#JSDaily
#Bangladesh

Baby and kids retailer Mothercare stayed “marginally” in profit in FY24 despite a 13% drop in its franchise partners' net worldwide retail sales.
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Mothercare UK
#refinancing
#FY24
#financials
#JSDaily

The online footwear market in 2024 is expected to penetrate almost a quarter (24.2%) of the total footwear market, according to GlobalData’s Global Footwear Market 2027 report.
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GlobalData PLC
Nike
The Very Group
Matalan

#onlinemarket
#JSDaily

In an exclusive chat the CEO and scientist behind CiCLO Technology tells Just Style the end of non-biodegradable polyester is a 'no-brainer' but both education and the right regulations will help speed innovations to market.
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#JSDaily
#CEO
#Polyester

The May edition of the NRF’s Monthly Economic Review revealed the US economy’s gross domestic product grew only 1.6% in the first three months of this year (Q1), which is less than half the 3.4% seen in Q4 of 2023.
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National Retail Federation

#USeconomy
#Q1
#JSDaily

Denmark explained its government wants to introduce a national ban on PFAS in clothing and shoes as these consumer goods are one of the biggest sources of PFAS (per and polyfluorinated substances) in its environment
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Folketinget
#PFASban
#Denmark
#JSDaily

Shein was rated the most successful start-up in the last ten years, based on its valuation, public perception, growth score and number of employees.
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SHEIN
Vention

#successtory
#startups
#JSDaily

Boohoo Group‘s revenue dropped 17% to £1.46bn ($1.82bn) in the 12 months ended 29 February 2024 (FY24) compared to £1.77bn the year before.
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boohoo

#FY25
#financials
#JSDaily

Just Style looks at the quarterly filings for fiscal year 2024 from US apparel and footwear brands and retailers, including Crocs, Delta Apparel and Wolverine Worldwide.
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Crocs
Delta Apparel
Wolverine Worldwide

#financials
#quarterlyresults
#JSDaily

The National Retail Federation said recent import levels show that supply chains have ‘adjusted’ to disruption and consumers are set to continue spending during the back-to-school and holiday seasons.

National Retail Federation

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#JSDaily
#NRF
#USImports

Consumers are scaling back on clothing purchases for children and are opting for more affordable alternatives due to lingering high inflation, according to GlobalData’s recent report on the global childrenswear market.

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#JSDaily
#Inflation
#Childrenswear

Real estate firm Simon Property Group has sold its stake in US brand firm Authentic Brands Group for a good price with an analyst describing it as a fantastic return on their investment

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#JSDaily
#AuthenticBrandsGroup
#Acquisition

With more consumers than ever before taking up outdoor pursuits since the pandemic, the active and outdoor market is more appealing than ever. But these consumers are not the easiest to please.
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VF Corporation
#sustainabilitygoals
#JSDaily

RFID Discovery has implemented its conveyor belt portal solution at Brook Taverner, enabling the company to check up to 25,000 garments in less than 60 minutes.
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Brook Taverner
GlobalData PLC
Crave Retail

#RFID
#inventorymanagement
#apparel
#JSDaily