Hudson’s Bay Retail Chain to Terminate More Than 8,300 Workers by Sunday
Canada’s oldest retail chain will lay off 89 percent of its workforce by Sunday, when it will conclude its liquidation sale and shutter all stores.
Over the last month, a flurry of companies with backers from H&M to Inditex have advanced plans to build their first industrial-scale textile-to-textile recycling plants, advancing a technology that is often held up as a holy-grail-like solution to many of fashion’s environmental ills.
Over the last month, a flurry of companies with backers from H&M to Inditex have advanced plans to build their first industrial-scale textile-to-textile recycling plants, advancing a technology that is often held up as a holy-grail-like solution to many of fashion’s environmental ills.
Zara owner Inditex, the world’s largest fast fashion company, is ditching the industry’s biggest sustainable cotton scheme amid a deforestation scandal and a wider push to prioritise organic fibres.
With clean beauty now mainstream, an emerging wave of brands are promoting skin-kind clothing made from natural fibres and without the use of harsh chemicals, seeking to tap into consumer interest in products that promise health and wellness benefits.
With clean beauty now mainstream, an emerging wave of brands are promoting skin-kind clothing made from natural fibres and without the use of harsh chemicals, seeking to tap into consumer interest in products that promise health and wellness benefits.
The luxury sector is turning to a roster of faux alternatives to tap into a resurgence in consumer appetite for fluffy fashions.
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The company has gained new backing from Taranis, an investment firm owned by oil company Perenco, and additional funds from investors including Zara-owner Inditex as it looks to bring its recycling capabilities to commercial scale.
In a climate where consumers are wary of greenwashing and a backlash against “woke capitalism” takes shape, brands peddling sustainability messaging have to treat the topic with a degree of irreverence and put the product first.
A new report has linked businesses supplying companies including Zara-owner Inditex, H&M Group, Gap Inc. and Amazon to incidents of forced labour and debt bondage on Indian cotton farms.
This year offered up a jarring reality check for players seeking to improve the industry’s environmental and social impact, with brands deprioritising sustainability efforts even as the risks of inaction have become more apparent.
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A fragmented fashion industry needs to cooperate in order to avoid falling further behind on decarbonisation efforts, according to the BoF-McKinsey State of Fashion 2025.
Cheap and versatile polyester has underpinned both the fashion industry’s growth and its worsening environmental footprint. Efforts to switch to recycled fibre are stalled, new data show.
Through partnerships with leading fashion schools across the US and a robust and growing network of alumni, the Supima Design Competition is setting up emerging design talent for success.
The fashion giants have invested in Galy, a Boston-based start-up that aims to drastically reduce cotton’s environmental impact.
Canada’s oldest retail chain will lay off 89 percent of its workforce by Sunday, when it will conclude its liquidation sale and shutter all stores.
The brand cited headwinds in web3 and softness in the luxury market for its decision in an announcement Tuesday.
Despite price slashing from retailers and government stimulus measures to boost consumer spending, the e-commerce company's year-on-year net income fell 47 percent.
Swiss watch exports to the US saw a significant increase in April, driven by a surge in shipments ahead of anticipated tariff hikes.
Italian legal and political authorities, trade unions and fashion industry parties signed a non-binding action plan focussed on the creation of a database of brands’ suppliers and their workforces, after prosecutors uncovered widespread abuse.
The EU has ordered Shein to address consumer law breaches within one month or face potential fines.
The US president told reporters the decision to push the deadline came after he had a ‘very nice’ phone call with Commission President Ursula von der Leyen.
The mass brand will raise prices in August.