GOTHENBURG - Swedish fashion retailer Kappahl says it has increased the proportion of its goods made from 'more sustainably' sourced materials to 70 per cent.Five years ago, the figure was just 19 per cent and the company, which also owns Newbie and Shop Online, says its target of reaching 100 per cent more sustainably sourced products by 2025 is within reach.Sandra Roos, head of sustainability at KappAhl, explained why the company favoured the use of the phrase 'more sustainable'

TORONTO - Outdoor apparel brand Canada Goose has launched a new sustainability platform, called Humanature, to be the driving force behind its commitments to 'keep the planet cold and people warm'.It is built around the company's 'Sustainable Impact Strategy' which includes a pledge to reach net zero for both direct and indirect greenhouse gas (GHG) emissions by 2025."The role of business has evolved – in today’s world, driving meaningful change is just as important as t

Vestiaire Collective, the leading global community platform for desirable preowned fashion, and Boston Consulting Group (BCG) have partnered for the second year running to study the evolving dynamics of the global resale market. This year’s survey, The Consumers Behind Fashion’s Growing Secondhand Market, of 7,000 individuals from six countries, reveals the diverse customer attitudes and behaviors of its respondents, the growing importance of sustainability—among other factors—in driving the res

Consumers are looking for ultra-comfort and durability from their everyday garments. Leading Italian fashion retailer, OVS has responded to this consumer demand by incorporating LYCRA® dualFX® technology into their new range of slim fit men’s jeans for all-day comfort and shape retention.The slim fit design jeans will offer OVS customers not only great fit and comfort, but also excellent stretch and recovery thanks to LYCRA® dualFX® technology. This means that the jeans will move with the body,

Houston-based clothing retailer Francesca’s recently announced in a filing with the Securities and Exchange Commission (SEC) that it will shut down 140 stores by 30 January. The company also clarified that if it fails to raise enough capital to continue its operations and honour its commitments, it will seek reorganisation under bankruptcy protection.Pic. FrancescaIt has been exploring various options like cutting costs, debt refinancing and lease to improve its financial position. Though France

Swedish fast-fashion brand Monki has launched the first capsule clothing collection ‘Up:cycle’ using a breakthrough textile-to-textile recycling process. The collection is made from leftover organic cotton denim garments, including recycled thread and zippers, and eco-friendly hardware and wash.Figure: For it’s the first time a hydrothermal system that can fully separate and recycle cotton and polyester blended fabrics into new fibres has moved from trial to products.Developed through a research

Apex Footwear, the leading Bangladeshi footwear manufacturer, retailer and exporter, has launched its first international outlet with a local distributor in Kathmandu, Nepal.“Venturini” a product line of Apex Footwear outlet was launched in Nepal, while the brand is conducting market studies in Sri Lanka and Bhutan to open outlets.Figure: Consumers in Nepal can now enjoy the exclusive collections offered by Venturini along with Apex’s other labels. Courtesy: CollectedConsumers in Nepal can now e

Kohl's, a US-based omnichannel retailer, has reported 14 per cent decrease in its total revenue to $3.9 billion during the third quarter (Q3) for fiscal 2020 that ended on October 31, 2020, compared to the revenue of $4.6 billion in same period previous fiscal. Company incurred a net loss for Q3 FY20 of $12 million (Q3 FY19: net profit $123 million).Pic: Shutterstock“Our third quarter results exceeded our expectations with significant sequential sales and profitability improvement. Digital s

As the year is nearing the end, the struggle to survive continues for retailers across the globe.Image Courtesy: chicago.racked.comThe Houston-based clothing retailer Francesca’s is no exception! The fashion retailer has said that it will be shutting down 140 stores by 30 January 2021.The retailer announced this yesterday (16 November) in a filing with the Securities and Exchange Commission (SEC).Francesca’s also made it clear that if it fails to raise enough capital to continue its operations a

Burberry Group plc, a British luxury fashion house, has announced its first half (H1) results for fiscal 2021 that ended on September 28. Revenue for the six-month period declined 31 per cent to £878 million compared to revenue of £1,281 million in same period previous year. Attributable profit for H1 FY21 fell to £48 million (H1 FY20: £150 million).Pic: Shutterstock“Though the momentum we had built was disrupted by Covid-19 at the start of the year, we were quick to adapt, while making further