LONDON – Fashion retailer Primark has joined the United Nations’ Fashion Charter for Climate Action committing the company to achieve net-zero greenhouse gas (GHG) emissions by 2050 and a 30 per cent reduction by 2030.Primark has pledged to tackle emissions from across its entire value chain, including ‘Scope 3' emissions outside its own operations which make up the vast majority of its carbon footprint.The company has also agreed to analyse and set a decarbonisation pathway - drawing on met

As the pandemic forced many retailers to close their doors permanently, shop vacancy rates have been on the rise.In the UK, vacancy rates rose to 13.2 per cent in the third quarter of the current financial year from 12.4 per cent in the previous quarter, marking the ninth consecutive quarter of increase in availability of retail space.The BRC-LDC monitor that studies these vacancy rates reported that although all locations are experiencing high rates due to the shutting down of businesses, malls

VANCOUVER - Athletic apparel retailer Lululemon has released its first-ever 'Impact Agenda' detailing the company’s long-term strategy to minimise its environmental impact.Lululemon's Impact Agenda includes 12 specific commitments across a range of social and environmental issues including climate change, circularity, diversity and inclusion, and mental wellbeing.Environmental pledges include ensuring that all of the company's products include sustainable materials and end-of use

In collaboration with the Boston Consulting Group (BCG), the Council of Fashion Designers of America (CFDA) has released ‘Sustainability by Design: Rethink New Yorking Fashion Week,’ a study which discusses guidance and suggestions on how to minimize the waste and carbon footprint of mode events, events and activities in the industry.About 75 % of the respondents surveyed in the study suggested that the businesses that operate are committed to sustainability goals for their products, pollution p

Polygiene® will treat Marks & Spencer’s kitchen towels. The towel is treated with Polygiene stays fresh antimicrobial technology and is part of M&S globally distributed core programs. The yearly forecasted order value of the kitchen towels is USD 75 000. Even if this program started at M&S India and even if the order value is quite modest at this stage, it is part of a bigger international program of treated products – and more products are already under discussion at the time of wri

Kering SA, a French global luxury group, posted 4.3 per cent revenue decline to €3,717.7 million in its third quarter (Q3) fiscal 2020 ended on September 30, compared to the revenue of €3,884.6 million in the same period previous year. Group’s online sales continued to grow with 101.9 per cent in the third quarter, led by North America and Asia-Pacific.Pic: Shutterstock“In a tough environment, Kering achieved substantial revenue recovery in the third quarter. The creativity of each of our Houses

Very.co.uk has joined hands with second-hand clothes specialist, Re-Fashion in a partnership to reduce clothes waste and fashion items being sent to landfill. The collaboration aims to reduce the amount of good quality, wearable clothes going to landfill by encouraging Very’s customers give up their unwanted clothes for new owners to give them a second life.Pic: Re-FashionVery will introduce its customers via email to Re-Fashion, inviting them to request a donation bag that can be filled with go

ASOLO - Italian company Fashion Box’s Replay brand is launching a new denim in partnership with fabric manufacturer ISKO for which it is claiming 'double green' credentials.The new Hyperflex Re-Used material blends lower impact raw materials with both reused cotton and recycled polyester - which is Replay's justification for the 'double green' claim.Waste cotton fibres that are normally lost during the spinning process make up around 10 per cent of the cotton, while the recyc

CHICAGO – Consignment company The RealReal has opened its largest ever brick-and-mortar store in Chicago, Illinois, in a telling sign of the increasing consumer engagement with second-hand apparel.The company, which has to date partnered with the likes of Gucci and Burberry, says the new store will champion sustainability by spotlighting garments made using ‘sustainable’ materials, as well as offering a repair service in order to prolong the life of items in circulation.“Opening our largest stor

German sportswear giant adidas is exploring the sale of US brand Reebok as early as March 2021, according to a report byBloomberg.Image Courtesy: news.sky.comadidas has assigned an internal team to draw up a deal as Chief Executive Kasper Rorsted seeks to put an end to the ill-fated investment.adidas bought Reebok in 2006 for around US $ 3.8 billion or €3.1 billion in a bid to stay competitive. Since then, the proportion of revenue that comes from Reebok has fallen for adidas.After taking over a