Signal: Nike shareholders reject assessment of supply chain due diligence...
A proposal for Nike to issue an assessment of its supply chain due diligence was not approved at its annual meeting of shareholders.
View ArticleSignal: First Apparel Impact Institute grants aim to drive carbon reductions
AII has announced the first beneficiaries of its Fashion Climate Fund, as it targets a carbon reduction goal of 0.1 gigatonnes by 2030.
View ArticleSignal: Is Target closing stores due to retail theft or inventory mismanagement?
Target cites retail theft as the reason for its store closures but an industry expert argues inventory mismanagement could be to blame.
View ArticleSignal: Apple files patent application for smart touch-sensitive textile
Apple has filed another patent for a smart textile, however apparel heavyweights remain sceptical about their commercial potential.
View ArticleSignal: Klarna launches AI shopping tool, conscious shopping dashboard
Klarna continues to evolve beyond BNPL payments, debuting a shopping lens and barcode scanner alongside its conscious shopping dashboard.
View ArticleSignal: Leicester makers fear exodus as fast fashion majors look to Asia
A number of garment manufacturers in Leicester are filing for insolvency as fast fashion retailers seek supply from South Asia.
View ArticleSignal: AI for textile recycling? French firm Cetia has it covered
Backed by the likes of Decathlon and Zalando, Cetia is pioneering unprecedented textile recycling solutions with robotics and AI.
View ArticleSignal: less demand than expected for recycled fibres, says Renewcell
Faced with complex value chains and brand resistance, Renewcell’s financial results reveal weak demand for recycled textiles.
View ArticleSignal: ThredUp’s financial results reflect ever-growing resale market
ThredUp is the latest resale platform to report growing revenues, while apparel brands reveal increasing interest in Gen Z's shopping habits.
View ArticleSignal: Apparel sector reports mixed results for Black Friday 2023
Pretty Little Thing appeared to take a lower profile for Black Friday 2023 with Year over Year (YoY) traffic decreasing by 45%.
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