The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
waste
Sustainability
Widespread Inaction on Sustainability Eclipses Progress at Fashion’s Biggest Companies
Efforts to transform the fashion industry in line with global ambitions to curb climate change and establish more responsible business practices by 2030 have yet to gain sufficient momentum, The BoF Sustainability Index 2022 finds.
Widespread Inaction on Sustainability Eclipses Progress at Fashion’s Biggest Companies
Efforts to transform the fashion industry in line with global ambitions to curb climate change and establish more responsible business practices by 2030 have yet to gain sufficient momentum, The BoF Sustainability Index 2022 finds.
Retail
Is This the Beginning of the End for Free Returns?
For much of the last two decades, online retailers have competed to offer cheaper, more convenient shopping experiences. What happens when one of the world’s biggest apparel sellers bucks the trend?
Is This the Beginning of the End for Free Returns?
For much of the last two decades, online retailers have competed to offer cheaper, more convenient shopping experiences. What happens when one of the world’s biggest apparel sellers bucks the trend?
Sustainability
The Debrief: Fashion’s Greenwashing Problem
In a sea of unsubstantiated claims about sustainability, BoF’s Sarah Kent explains why it's so hard to measure impact, and what sort of regulation could be coming for fashion.
The Debrief: Fashion’s Greenwashing Problem
In a sea of unsubstantiated claims about sustainability, BoF’s Sarah Kent explains why it's so hard to measure impact, and what sort of regulation could be coming for fashion.
Sustainability
Higg Raises $50 Million With Eye on Expansion to New Categories
The software provider has already built a factory database with more than 30,000 sites, most of them serving the apparel industry and almost half of them in China.
Higg Raises $50 Million With Eye on Expansion to New Categories
The software provider has already built a factory database with more than 30,000 sites, most of them serving the apparel industry and almost half of them in China.
China
China Aims to Recycle 25% of Textile Waste By 2025
As well as recycling a quarter of the 22 million tonnes of textile waste accrued each year, the country is looking to produce two million tonnes of recycled fibre annually within the next three years.
China Aims to Recycle 25% of Textile Waste By 2025
As well as recycling a quarter of the 22 million tonnes of textile waste accrued each year, the country is looking to produce two million tonnes of recycled fibre annually within the next three years.
Sustainability
Only Severe Emissions Cuts Will Avoid Climate Extremes, UN IPCC Report Warns
Drastic cuts to fossil fuel use and growing forests are just some of the actions needed in this decade to contain global warming to 1.5 degrees Celsius above preindustrial temperatures, a major report by the UN climate science agency said Monday.
Only Severe Emissions Cuts Will Avoid Climate Extremes, UN IPCC Report Warns
Drastic cuts to fossil fuel use and growing forests are just some of the actions needed in this decade to contain global warming to 1.5 degrees Celsius above preindustrial temperatures, a major report by the UN climate science agency said Monday.
Sustainability
Apparel Among Worst Performing Sectors on Climate Disclosure, CDP Says
Just 1 percent of companies who submit climate change-related data to nonprofit environmental disclosure platform CDP provide investors with the information they need to assess whether they have a credible plan for the transition to a low-carbon economy.
Apparel Among Worst Performing Sectors on Climate Disclosure, CDP Says
Just 1 percent of companies who submit climate change-related data to nonprofit environmental disclosure platform CDP provide investors with the information they need to assess whether they have a credible plan for the transition to a low-carbon economy.
Sustainability
Masterclass | Can a Materials Revolution Make Fashion More Sustainable?
Understand how the industry can change materials to lessen environmental impact.
Masterclass | Can a Materials Revolution Make Fashion More Sustainable?
Understand how the industry can change materials to lessen environmental impact.
Sustainability
Global Warming Is Outrunning Efforts to Protect Human Life, Scientists Warn
The report, released Monday by the world’s top climate scientists, warns of a growing mismatch between rising temperatures and slow, fragmented efforts to adapt, leaving little time for catching up before “a brief and rapidly closing window of opportunity” is sealed shut.
Global Warming Is Outrunning Efforts to Protect Human Life, Scientists Warn
The report, released Monday by the world’s top climate scientists, warns of a growing mismatch between rising temperatures and slow, fragmented efforts to adapt, leaving little time for catching up before “a brief and rapidly closing window of opportunity” is sealed shut.
Sustainability
How Can Fashion Become Truly Circular?
On this week’s episode of The BoF Podcast, Dame Ellen MacArthur explains how the fashion industry can move toward a waste-free future.
How Can Fashion Become Truly Circular?
On this week’s episode of The BoF Podcast, Dame Ellen MacArthur explains how the fashion industry can move toward a waste-free future.
Retail
Saving Fashion an Arm and a Leg (and Some Torsos Too)
Mannequin Madness is a company that salvages 60 tons of plastic and fibreglass figurines every year, highlighting an oft-overlooked area of sustainability in the industry.
Saving Fashion an Arm and a Leg (and Some Torsos Too)
Mannequin Madness is a company that salvages 60 tons of plastic and fibreglass figurines every year, highlighting an oft-overlooked area of sustainability in the industry.
Sustainability
Understanding the Power of Mycelium and the Mushroom Movement
An oft-overlooked natural asset, mushrooms are not just infiltrating the fashion industry, but also have the potential to unlock new ways of thinking and healing.
Understanding the Power of Mycelium and the Mushroom Movement
An oft-overlooked natural asset, mushrooms are not just infiltrating the fashion industry, but also have the potential to unlock new ways of thinking and healing.
The News in Brief
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.