So-called "ultra-fast fashion" has won legions of young fans who are able to snap up relatively cheap clothes online, but campaigners say the trend masks darker environmental problems. Britain's Boohoo, China's SHEIN and Hong Kong's Emmiol are the main players in a sector that produces items and collections at breakneck speed and rock-bottom...
Jul 29, 2022
Frasers Group could be swooping in on another fast fashion retailer soon, as reports have stated that Mike Ashley’s retail group is considering a takeover of I Saw It First, an online brand owned by Boohoo founder Jalal Kamani. According to The Telegraph, the group, which owns the likes of Sports Direct, Flannels and House of Fraser, could be...
Jul 18, 2022
When Shein last year revealed it was preparing for a listing, potentially valuing its fast fashion business at 100 billion dollars, it was ambitious by any standards. The Chinese DTC retailer has become a phenomenon in its own right, surpassing global giants Zara and H&M to be the leader in the low-priced fashion market. Sales skyrocketed during...
May 17, 2022
Budget retailer Primark has announced plans to grow its Sustainable Cotton Programme, pledging to add 125,000 more smallholder farmers to the initiative. The expansion will take the total of participating farmers across India, Pakistan and Bangladesh to over 275,000 by the end of 2023, which the retailer said would increase the availability of...
May 6, 2022
Fast fashion e-tailer Shein has revealed a “purpose-driven” collection, utilising inclusive sizing and responsibly sourced materials, with the aim of providing customers with affordable product choices that make a positive impact. The brand’s first release for the Evolushein collection will include the use of recycled polyester, which the...
Apr 29, 2022
Fast fashion retailer H&M has taken another step towards its commitment to include more sustainable fashion in its offering. For the fifth edition of its ‘Innovation Stories’, the retailer is centering its theme around the concept of love, with a collection that it said “investigates our passionate relationship with clothes”. Entitled the...
Apr 14, 2022
Chinese fast-fashion company Shein could be seeking a valuation of 100 billion dollars as it is reportedly in talks with potential investors for a new funding round. The value would top that of H&M and Zara combined, putting the e-tailer as a front-runner in the industry and making it one of the most valuable start-ups. Initially reported by...
Apr 7, 2022
The Europe Union wants to slow down the pace of fashion. By laying down a sustainable textile strategy the EU aims to tackle fashion’s environmental impact and labour abuses. The move was plainly summed up by Ursula von der Leyen, European Commission president, in a speech last year: “Fast fashion is poison for our planet,” The strategy outlines...
Mar 31, 2022
The Federal Trade Commission (FTC) has settled allegations against online fashion retailer Fashion Nova, who it had found to be blocking negative product reviews by customers on its website. For the final order, the fast fashion brand will be required to pay 4.2 million dollars and is prohibited from suppressing future customer reviews of its...
Mar 22, 2022
Fast fashion retailer H&M has begun selling external brands on some of its websites, a feature it is looking to reportedly expand on. Starting in Sweden and Germany, H&M is said to be making steps to take on other fashion marketplaces like Asos and Zalando, according to Reuters. While other brands in the H&M Group like Arket already sell...
Mar 17, 2022
Chinese e-commerce retailer Shein has reportedly taken steps to aggressively expand its Singapore office after making the branch its defining holding company. Established through an analytical report by Reuters and its anonymous sources, the move could fall in line with previously unveiled plans to list Shein in New York this year, with its CEO...
Feb 18, 2022
British bakery giant Greggs has revealed a collaboration with fashion retailer Primark, which is set to include an in-store café and official clothing range. The partnership was revealed through a video across both of the brands’ social media channels, unveiling the apparel line and a ‘Tasty by Greggs’ café experience. The duo dropped hints of...
Feb 8, 2022
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