Leading brands 'off track on climate goals'
Ecotextile » Fashion & Retail
by
15h ago
GLOBAL – Major corporations – including fashion giants H&M, Zara owner Inditex, Uniqlo owner Fast Retailing, Nike and Adidas – are significantly off track with the Paris Agreement goal of limiting climate change to 1.5°C, according to a new report ..read more
Visit website
Lululemon debuts recycled polyester product
Ecotextile » Fashion & Retail
by
15h ago
VANCOUVER / CANBERRA – Canadian athleticwear brand Lululemon and Australian recycling company Samsara Eco have introduced what is claimed to be the world’s first commercially available product made from enzymatically recycled polyester. Samsara ..read more
Visit website
M&S launches new Plan A initiatives
Ecotextile » Fashion & Retail
by
15h ago
LONDON – UK retail giant Marks & Spencer has announced a tranche of new investments in collaborative projects to help achieve its ‘Net Zero by 2040’ goals. The £1 million ($1.27m) investment, funded through its ‘Plan A Accelerator Fund’, includes a ..read more
Visit website
Brands 'lagging' on climate targets - report
Ecotextile » Fashion & Retail
by
1w ago
NEW YORK - Two thirds of fashion brands are lagging on meeting their decarbonisation targets - and 40% have actually seen emissions increase since setting their goals, according to new study from the McKinsey consultancy. It says that the fashion ..read more
Visit website
Decathlon cuts overall CO2 emissions by 10%
Ecotextile » Fashion & Retail
by
1w ago
LILLE – Sporting goods retailer Decathlon reduced its absolute CO2 emissions - across Scopes 1, 2 & 3 – by 10% last year, compared to -2% in 2022, according to its new annual report. The company says the reduction is a significant step towards its ..read more
Visit website
Bestseller and Sodra partner on recycled knits
Ecotextile » Fashion & Retail
by
1w ago
COPENHAGEN – Danish Fashion brand Object, part of the Bestseller group has partnered with recycling innovator Sodra Group, on a new knitwear collection made partly from textile waste. The used cotton and cotton-polyester waste that is added to ..read more
Visit website
EBay drops pre-owned fashion seller fees
Ecotextile » Fashion & Retail
by
1w ago
LONDON – Online auction house eBay UK has announced that individual sellers can now sell their pre-owned fashion items free of charge on its platform, a move designed to reduce the £16.3 billion ($20.5 billion) worth of clothing the company says ..read more
Visit website
Selfridges extends resale platform
Ecotextile » Fashion & Retail
by
1w ago
LONDON - Following a successful launch at its flagship London store, British retailer Selfridges is rolling out its Reselfridges resale platform at its three other UK sites. The platform, which gives customers the opportunity to purchase and sell ..read more
Visit website
Shein to offer business model to other brands
Ecotextile » Fashion & Retail
by
3w ago
SINGAPORE - Chinese-owned ultra fast fashon giant Shein is reportedly planning to make its controversial sourcing model available to other brands. The Wall Street Journal newspaper says it has seen a letter from Shein’s executive chairman Donald ..read more
Visit website
Urbanic completes Series C funding round
Ecotextile » Fashion & Retail
by
3w ago
LONDON - Socially responsible fashion brand Urbanic has completed a $150 million Series C funding round to improve its technology and scale-up its supply chain sustainability. The investment will be used to ramp up the company’s implementation of AI ..read more
Visit website

Follow Ecotextile » Fashion & Retail on FeedSpot

Continue with Google
Continue with Apple
OR