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​Coats Group lines up Gosnell as new chairman, Clasper steps down next May

​Coats Group lines up Gosnell as new chairman, Clasper steps down next May

Global industrial threads manufacturer Coats Group has appointed David Gosnell chairman-elect. He's currently an independent non-executive director of Coats and replaces Mike Clasper who is retiring.
Fashion
Euratex pleads for UK and EU to reach Brexit deal or face huge job losses

Euratex pleads for UK and EU to reach Brexit deal or face huge job losses

Euratex, a body representing the European textile and clothing industry, has pleaded with negotiators from the UK and EU to reach a Brexit deal or face the jobs devastation that a no-deal would cause.
Fashion
Luxury industry challenged by disruptive surge of young clientèle

Luxury industry challenged by disruptive surge of young clientèle

Gen Z and Millennial consumers will account for two thirds of the luxury market in 2025, forcing labels to adapt their strategies to their young clientèle’s “activist” vision, said the latest study by Bain & Co.
Fashion
H&M deepens sustainability commitment via signature brand and Arket

H&M deepens sustainability commitment via signature brand and Arket

H&M Group is continuing its heavy sustainability focus with a series of new initiatives, spearheaded by its latest Conscious Exclusive AW20 collection that moves beyond the idea of just recycling. 
Fashion
Reports link UK high street chains to worker exploitation, low wages

Reports link UK high street chains to worker exploitation, low wages

Indian garment factories producing goods for major UK retailers are again in the news for exploiting workers and paying "shockingly low" wages, according to the ActionAid charity and a related probe by the BBC. 
Fashion
Fashion Makes Change steps up to empower women workers and protect the environment

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

As calls for change in the fashion industry grow, Tuesday saw the launch of Fashion Makes Change, a brand-led community platform with a dual focus on promoting women’s empowerment and tackling the climate crisis.
Fashion
Simon Property cuts purchase price for Taubman stake amid Covid hit

Simon Property cuts purchase price for Taubman stake amid Covid hit

Simon Property Group, the biggest U.S. mall operator, will cut its purchase price for an 80% stake of rival Taubman Centers by 18%, both companies said on Sunday, as the coronavirus upends the retail industry sector.
Fashion
Mr Porter, Loro Piana launch first exclusive capsule collection

Mr Porter, Loro Piana launch first exclusive capsule collection

YNAP’s luxe menswear webstore Mr Porter is continuing its exclusive link-ups and has unveiled its first collab with Italian luxury label Loro Piana. The two have this week launched a 10-piece capsule collection.
Fashion
World's largest fur auction, Kopenhagen Fur, will close

World's largest fur auction, Kopenhagen Fur, will close

Denmark’s Kopenhagen Fur will close in 2-3 years, caused by the Danish government’s decision last week to cull all mink in Denmark, the fur auctioneer said Thursday.
Fashion
H&M Home to launch Diane von Fürstenberg collab next year

H&M Home to launch Diane von Fürstenberg collab next year

​As many global consumers continue to be confined to their homes and want to make those environments as comfortable as possible, H&M’s Home unit has announced a collab with US fashion designer Diane von Fürstenberg. 
Fashion
Going electric: how nylon fabric could one day charge your cell phone

Going electric: how nylon fabric could one day charge your cell phone

Could it be possible to charge your cell phone from your clothes and your body movement? That's an idea that several engineers in Europe have been working on.
Fashion
C&A announces it has paid for all pre-Covid orders placed with suppliers

C&A announces it has paid for all pre-Covid orders placed with suppliers

As suppliers in Asia continue to face great difficulties, Dutch brand C&A claims to have ensured 100% compensation for orders that were previously pending due to the Covid-19 crisis and that it has placed new orders.
Fashion
Lacoste links with National Geographic in capsule collection

Lacoste links with National Geographic in capsule collection

Lacoste has linked up with National Geographic for a novel capsule collection designed to celebrate the beauty of the natural world. An alliance of Lacoste’s silhouettes with striking animal prints.
Fashion
Joules upbeat despite new lockdown, e-tail drives trading, is ready for Xmas rush

Joules upbeat despite new lockdown, e-tail drives trading, is ready for Xmas rush

​On a day that included a flurry of results statement and trading updates from listed UK retailers, Joules was one of the winners as it said positive trends highlighted in an earlier update in September have continued. 
Fashion
Marimekko sees improving trend in third quarter

Marimekko sees improving trend in third quarter

​Finland’s Marimekko saw its sales and profits improving in Q3 as actions it had taken and better wholesale turnover fed through to the bottom line.
Fashion
​Trading improvements lift Coats Group as Performance Materials star

​Trading improvements lift Coats Group as Performance Materials star

Understatedly positive is probably the best way to describe the latest trading update from global thread manufacturer Coats Group on Tuesday.
Fashion