Fashion
Coach partners up with Savory Institute
The subsidiary of Tapestry has teamed up with the Savory Institute’s Land to Market Programme to support the regenerative agriculture movement, reducing its impact on climate change
Fashion bets on data-analysis science
The Retail Data-Forwardness Index shows that 22 leading global fashion companies employed 40.3% more data related professionals in 2021 than in 2020
Launch of Pact of Skills for the European Fashion Industry
The TCLF Pact of Skills is an initiative promoted by the European Commission to support the investment in upskilling and reskilling across the fashion industry
H&M will announce full year results next month
The Sweden-based fashion group has released its sales development for the full year of 2021, including its fourth quarter. The full report will be published on the 28th of January 2022
Authentic Brands Group valued at 12.7 billion US dollars
The retail conglomerate, whose portfolio of brands includes Forever 21 and Barneys New York, is delaying its planned initial IPO and selling major equity stakes in its business
Burberry reports revenue growth
The UK-based luxury group has announced the results for the first half of fiscal 2022. Revenue returns to pre-pandemic levels, as full-price sales grow at a double-digit percentage
Retail take-off in Spain is not clear, despite improvement in confidence
Retail Sales Index in specialized stores in Spain are still some 20 percentage points below the pre-pandemic levels, registered in 2019. Confidence seems to be improving for consumers and retailers, but importers are more cautious. Online continues with a good performance, however, the online share is not enough to push retail up. Developments in the coming months will reveal the way for retail in Spain
APICCAPS with new TV programme
Portuguese Soul is the name of the new TV programme, made in partnership with TV station RTP2. It is hosted by Portuguese fado singer Gisela João and is broadcasted on Saturdays
France Retail: consumers confidence and footwear retail back to pre-pandemic levels
The increase in French footwear imports from May onwards reflects the reaction of importers following the COVID-19 wave earlier in the year. In the third quarter of the current year, consumers’ confidence and footwear retail figures have shown a return to the pre-pandemic levels. In this scenario, the expectation is that footwear sales could accelerate soon, even before the year ends
UK: British Fashion Council posts blueprint for fashion circularity
The BFC’s Institute of Positive Fashion has presented a framework to address the impact of the fashion industry on the planet through linear production models
Cambodia to increase minimum wage for 2022
A few weeks ago, Cambodia’s Ministry of Labour and Vocational Training issued regulation setting the new minimum wage for the garment, textile, and footwear industries for 2022
Farfetch launches new label
The luxury e-commerce platform has launched its first private label. Produced with sustainability and longevity in mind, the There Was One line will be exclusively sold on Farfetch.com
H&M partners up with Matrix Renewables
The Swedish-based fashion retailer has signed an agreement with the platform Matrix Renewables to contribute to the continued decarbonization of Europe’s consumer goods sector and accelerate the energy transition-
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