Tag #Fashion Retail

Showing 1 to 9 of 9 results

theglobeandmail.com
🌐 75% Global Worthiness
News related image

Ssense to File for Creditor Protection Amidst Lender Dispute

High-end online retailer Ssense, valued at \$5 billion in 2021, will file for creditor protection this week, countering a rival filing by its primary lender that seeks to sell the company; the move comes amid financial difficulties and global economic uncertainty.

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
News related image

River Island to Close 33 Stores, Hundreds of Jobs at Risk

River Island, facing a £33.2 million loss and 19% sales drop in 2023, will close 33 UK stores, impacting hundreds of jobs due to increased online shopping and higher operational costs; creditors will vote on August 4th, with a court decision on August 7th.

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
News related image

AllSaints' Resilience: From Near-Collapse to Record Revenue

Founded in 1994, AllSaints, a British fashion brand, overcame a 2011 debt crisis exceeding £50 million through restructuring and strategic growth, achieving record £457 million revenue in 2023 by maintaining brand consistency while adapting business strategies.

Progress

40% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
News related image

Pop-up Shops: A Booming Trend for Fashion Businesses

Pop-up shops, temporary retail spaces, are experiencing a surge in popularity, with their numbers doubling in the UK and Ireland over the past decade. Two Northern Irish fashion businesses, Jamie Online and Kindred of Ireland, utilize pop-ups to engage customers, test markets, and boost brand awaren...

Progress

40% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 % Global Worthiness
News related image

French Children's Clothing Brands Face Crisis, Restructuring Plan Approved

French children's clothing brands face financial crisis, resulting in store closures and job losses. A restructuring plan offers a path towards recovery, but challenges persist within the broader apparel industry.

Progress

0% Bias Score

smh.com.au
🌐 75% Global Worthiness
News related image

Australian Companies Reveal Growth Strategies Amidst Economic Uncertainty

During Australia's August earnings reporting season, companies like Temple & Webster (online furniture), Treasury Wine Estates (Penfolds), A2 Milk (adult milk powder), Retail Food Group (Beefy's, Firehouse Subs), Universal Store (youth fashion), and Ingham's (poultry) revealed growth strategies focu...

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 65% Global Worthiness
News related image

Topshop to Relaunch Physical Stores in August

Topshop, a British fashion retailer, will relaunch physical stores starting in August, initially through partnerships before opening standalone locations, following a successful pop-up event and strong consumer demand.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
News related image

U.S. Secondhand Apparel Market Soars: AI and Social Commerce Fuel Record Growth

The U.S. secondhand apparel market experienced record growth in 2024, expanding by 14%—five times the rate of the overall apparel market—with online resale up 23%, fueled by AI-powered shopping tools and social commerce, and driven by younger shoppers who increasingly prioritize secondhand options.

Progress

52% Bias Score

Responsible Consumption and Production
theguardian.com
🌐 85% Global Worthiness
News related image

UK Online Retail Returns Soar to £27 Billion, Forcing Retailers to Adapt

The UK's online retail return rate is exploding, exceeding £27 billion this year, forcing retailers to implement return fees and explore sustainable solutions like repair and resale to counter losses and waste from consumer behaviors like bracketing and wardrobing.

Progress

40% Bias Score

Responsible Consumption and Production

Showing 1 to 9 of 9 results