Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
supply-chain
Retail
Shein to Market Supply Chain Infrastructure to Global Brands, WSJ Reports
China-founded fast fashion company Shein will make its supply-chain infrastructure and technology available to global brands.
Shein to Market Supply Chain Infrastructure to Global Brands, WSJ Reports
China-founded fast fashion company Shein will make its supply-chain infrastructure and technology available to global brands.
Sustainability
US Fashion Lobby Calls for Release of Jailed Bangladesh Apparel Workers
Thousands were arrested or threatened with detention following demonstrations over changes to the country’s minimum wage for garment workers last fall.
US Fashion Lobby Calls for Release of Jailed Bangladesh Apparel Workers
Thousands were arrested or threatened with detention following demonstrations over changes to the country’s minimum wage for garment workers last fall.
Sustainability
EU Backs Supply Chain Audit Law After Italy Switches Sides
On Friday, 17 ambassadors from the 27 EU countries backed the law, with no votes against.
EU Backs Supply Chain Audit Law After Italy Switches Sides
On Friday, 17 ambassadors from the 27 EU countries backed the law, with no votes against.
Sustainability
Why Renewcell’s Bankruptcy Might Be the Push Textile Recycling Needed
In the weeks since one of the industry’s most promising recycling start-ups filed for bankruptcy, big brands have put more money and more commitment into bringing innovations to market.
Why Renewcell’s Bankruptcy Might Be the Push Textile Recycling Needed
In the weeks since one of the industry’s most promising recycling start-ups filed for bankruptcy, big brands have put more money and more commitment into bringing innovations to market.
Sustainability
What Will It Take to Tackle Fashion’s Climate Financing Gap?
Meeting the industry’s emissions targets will require more collective action and new financing models, according to a new report by leading manufacturers.
What Will It Take to Tackle Fashion’s Climate Financing Gap?
Meeting the industry’s emissions targets will require more collective action and new financing models, according to a new report by leading manufacturers.
Sustainability
Beware the ‘Sheinification’ of Fashion
The ‘instant fashion’ juggernaut’s explosive growth is attracting imitators. But keeping up with Shein’s relentless churn puts the industry on a perilous course when it comes to sustainability, writes Kenneth P. Pucker.
Beware the ‘Sheinification’ of Fashion
The ‘instant fashion’ juggernaut’s explosive growth is attracting imitators. But keeping up with Shein’s relentless churn puts the industry on a perilous course when it comes to sustainability, writes Kenneth P. Pucker.
Retail
Gap, Abercrombie and (Sort of) Nike: Earnings to Watch This Week
Big, mainstream brands report fourth-quarter results, plus what else to watch for in the coming days.
Gap, Abercrombie and (Sort of) Nike: Earnings to Watch This Week
Big, mainstream brands report fourth-quarter results, plus what else to watch for in the coming days.
Sustainability
Garment Workers Have Lost Out on £4 Billion of Severance Pay, Says Rights Group
The Worker Rights Consortium says that garment workers have been denied billions of pounds of legally mandated severance pay after being sacked or losing their jobs due to brands cancelling orders or factory closures.
Garment Workers Have Lost Out on £4 Billion of Severance Pay, Says Rights Group
The Worker Rights Consortium says that garment workers have been denied billions of pounds of legally mandated severance pay after being sacked or losing their jobs due to brands cancelling orders or factory closures.
Global Markets
Adidas, H&M and ASOS Cargo Aboard: One Ship’s Voyage to Avoid the Red Sea
Responding to the prospect of a months-long crisis, companies are already combining air, rail and sea shipping, ordering goods earlier and using factories closer to home.
Adidas, H&M and ASOS Cargo Aboard: One Ship’s Voyage to Avoid the Red Sea
Responding to the prospect of a months-long crisis, companies are already combining air, rail and sea shipping, ordering goods earlier and using factories closer to home.
Sustainability
Where Is the Money to Make Fashion More Sustainable?
Decarbonising the industry is expected to take $1 trillion over the coming decades. Where that money will come from and how it’s distributed remain open questions.
Where Is the Money to Make Fashion More Sustainable?
Decarbonising the industry is expected to take $1 trillion over the coming decades. Where that money will come from and how it’s distributed remain open questions.
Sustainability
Why Big Brands Are Pushing Back Against Sustainability Regulations
Fashion companies argue proposed government mandates for greater supply chain transparency are ‘impractical.’ They shouldn’t be, writes Kenneth P. Pucker.
Why Big Brands Are Pushing Back Against Sustainability Regulations
Fashion companies argue proposed government mandates for greater supply chain transparency are ‘impractical.’ They shouldn’t be, writes Kenneth P. Pucker.
Partner Content
Seeding More Sustainable Agriculture Practices With the US Cotton Trust Protocol
To address the urgent need to reduce greenhouse gas emissions throughout brands’ and retailers’ supply chains, the US Cotton Trust Protocol is providing technical assistance with environmental and financial benefits for cotton growers, to innovate the agricultural practices of the world’s third largest cotton-producing region.
Seeding More Sustainable Agriculture Practices With the US Cotton Trust Protocol
To address the urgent need to reduce greenhouse gas emissions throughout brands’ and retailers’ supply chains, the US Cotton Trust Protocol is providing technical assistance with environmental and financial benefits for cotton growers, to innovate the agricultural practices of the world’s third largest cotton-producing region.
The News in Brief
Dsm-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
Dsm-firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.
Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
Puig Reports First-Half Revenue Growth After Estée Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.