Britons to spend £4.5 billion over Christmas period

Londoners are expected to be the biggest Black Friday shoppers, planning to splash over £533 on average this year – more than £200 over the national average of £300, according to research by price comparison site Finder.com.Shoppers in the South East plan to spend £362, while those residing in the West Midlands will spend the least (£188.11), followed by the North East (£191.11) and W…

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Coronavirus- what can retailers do to reduce its impact-

At a time of caution and uncertainty, many retailers have warned that they could face a shortage of new stock and see supply chain delays due to the coronavirus outbreak.While the disease’s final effect on world trade has yet to be determined, global companies can start putting plans into action to prepare for sudden changes in supply chains.

According to a report from international cou…

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Fashion Makes Change steps up to empower women workers and protect the environment

Described as a “transformational ecosystem,” the organization aims to create a community of brands, non-profits, consumers and supporting industries, who will work together to drive action on key social and environmental issues facing the fashion industry. The platform is a response to the UN Sustainable Development Goals and seeks to accelerate the fashion industry’s progress towards th…

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Fashion manufacturing increasingly returning to Europe, finds report

The low wages for factory workers in China and Southeast Asia turned the region into an unrivalled market for fashion production over the last decade, the report said. But things are starting to change: denim produced in Turkey costs currently 3% less than in China when considering transport and import costs. “For individual garments with low-cost production, it is already worth bringing prod…

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Can Hermes and Nike stop ‘unauthorised’ NFTs-

Nike became the latest company to file a lawsuit over the issue on Thursday — suing shopping platform StockX for creating and marketing NFTs with its logo and branding.It follows a lawsuit last month by French luxury brand Hermes against artist Mason Rothschild, who has auctioned 100 “MetaBirkins” — a digital “homage” to the label’s famous Birkin bag — some fetching tens of thousands of doll…

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Fashion discounting surges as coronavirus devastates SS20

Retailers were discounting heavily and at “unprecedented levels” before the order to shut all fashion shops came in, with the data showing that discounts had been accelerating throughout March and have continued to do so in the past few days.LovetheSales helps consumers shop the online sales through one website and tracks more than 6 million full-price and discounted products across 1,000+ glob…

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Nigerian garment workers seek higher wage

Since the last devaluation of the national currency has already eroded the value of minimum wage, Issa Aremu, the general secretary of National Union of Textile Garment and Tailoring Workers of Nigeria (NUTGTWN) has requested president Muhammadu Buhari not to devaluate the currency further.“The last time we signed the minimum wage, which is N18,000, which is the current rate, and this was bet…

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Decathlon, H&M, Ikea, Inditex, Kiabi, Mango and Tendam join to tackle textile waste in Spain

With the creation of this association, which was officially launched this Wednesday at the Museo del Traje, these companies aim to collectively promote textile recycling in Spain, moving towards a circular economy model by correctly managing the sector’s waste.The partnership will enable compliance with Extended Producer Responsibility, which arose from the implementation of Directive 2008/98/E…

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Mandela’s tailor on mission to boost African fashion

As well as South Africa’s first black president, his richly coloured shirts have graced the backs of Moroccan King Mohamed VI, Rwanda’s President Paul Kagame and the continent’s richest man Aliko Dangote.Now he’s doing his best to change attitudes to his profession across Africa and create opportunities for the next generation.

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