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.
sustainability / Circularity
Sustainability
Fashion’s Recycling Start-Ups Inch Closer to Commercialisation
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.
Fashion’s Recycling Start-Ups Inch Closer to Commercialisation
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.
Fashion’s Big Bet on Textile Recycling, Explained
The nascent textile recycling industry has been positioned as a holy grail solution to fashion’s environmental challenges. The reality is more complicated.
Textile-to-Textile Recycler Circ Raises $25 Million
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.
The Best of BoF 2024: Fashion’s Sustainability Pullback
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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Sustainability: The Case for Collective Action
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.
Sustainability
Is Fast Fashion Worth Recycling?
As the EU seeks to crack down on a growing glut of clothing waste, the rise of low-value ultra-fast-fashion, along with increased competition and geopolitical disruption, are putting pressure on the economics of collecting, sorting and recycling used textiles.
Is Fast Fashion Worth Recycling?
As the EU seeks to crack down on a growing glut of clothing waste, the rise of low-value ultra-fast-fashion, along with increased competition and geopolitical disruption, are putting pressure on the economics of collecting, sorting and recycling used textiles.
Fashion’s Plastic Addiction in Four Charts
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.
California Set to Mandate Clothing Recycling as Wardrobe Waste Grows
A new California bill proposes that brands take charge of recycling efforts, allowing consumers to drop off unwanted clothing at designated sites.
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Sustainability
California Wants Fashion Brands to Pay for Waste
A bill that would make brands responsible for making sure old clothes don’t wind up in landfill only needs the signature of Governor Gavin Newsom to become law, potentially paving the way for other states to take action on textile recycling.
California Wants Fashion Brands to Pay for Waste
A bill that would make brands responsible for making sure old clothes don’t wind up in landfill only needs the signature of Governor Gavin Newsom to become law, potentially paving the way for other states to take action on textile recycling.
Sustainability
Shein: Fashion’s Biggest Polluter in Four Charts
The ultra-fast-fashion giant’s planet-warming emissions have nearly tripled in the last three years as its growth far outpaced other major fashion companies. In Shein's latest sustainability report, CEO Sky Xu says tackling emissions is “particularly critical."
Shein: Fashion’s Biggest Polluter in Four Charts
The ultra-fast-fashion giant’s planet-warming emissions have nearly tripled in the last three years as its growth far outpaced other major fashion companies. In Shein's latest sustainability report, CEO Sky Xu says tackling emissions is “particularly critical."
Shein Is on a Pre-IPO Charm Offensive
The controversial e-commerce giant is on a charm offensive as it seeks to manage regulation that takes aim at fast fashion and drum up support for a possible London listing.
Fashion Recycling’s Second Act
The nascent textile-to-textile recycling industry is emerging from crisis with fresh momentum, as Swedish pioneer Renewcell is rescued out of administration and Sri Lankan manufacturing giant MAS pledges to buy thousands of metres of recycled polyester.
The News in Brief
Crypto-Luxury Brand 9dcc Is Shutting Down
The brand cited headwinds in web3 and softness in the luxury market for its decision in an announcement Tuesday.
Temu-Owner PDD Holdings Misses Quarterly Revenue Estimates
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 Jump in April Ahead of Threatened US Tariffs
Swiss watch exports to the US saw a significant increase in April, driven by a surge in shipments ahead of anticipated tariff hikes.
Italy’s Fashion Brands Sign Accord to Fight Worker Exploitation
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.
EU Warns Shein of Fines in Consumer Protection Probe
The EU has ordered Shein to address consumer law breaches within one month or face potential fines.
Trump Extends Deadline for 50% Tariffs on EU Goods to July 9
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.
E.l.f. Beauty Announces $1 Price Hike, Citing Inflation and Tariffs
The mass brand will raise prices in August.