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Japan's Spiber raises €60 million for its protein fibre

Japan's Spiber raises €60 million for its protein fibre

Having moved on to the stage of industrialising its offering via a factory in Thailand, Japanese company Spiber has announced that it has raised 10 billion yen to support the roll-out of its protein fibre.
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How impact investing seeks to influence the strategies of fashion companies

How impact investing seeks to influence the strategies of fashion companies

Impact investors try to influence the strategies of listed companies to make them more socially and environmentally virtuous. Find out more about their approach from Johanna Schmidt of Triodos IM.
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UK consumer confidence may keep rising but spending concerns remain - Deloitte

UK consumer confidence may keep rising but spending concerns remain - Deloitte

UK consumer confidence isn’t just on the up again, it’s reached a new two-year high as personal finances improve, especially among 25-34 year-olds. But that isn’t necessarily feeding through to spending habits.
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Adidas-Rheon Labs partnership creates "new era" sports bras

Adidas-Rheon Labs partnership creates "new era" sports bras

Despite advancements in activewear, most sports bras “are stuck in the past”. That’s according to Joanna Wakefield-Scurr professor of Biomechanics at the University of Portsmouth, and the University of Memphis.
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Sojo launches Pledge to Repair at Institute of Positive Fashion Forum

Sojo launches Pledge to Repair at Institute of Positive Fashion Forum

​The BFC’s 2024 Institute of Positive Fashion Forum has wrapped up with the big news being a call from Sojo for the UK fashion industry and its customers “to get behind Care & Repair in a bid to reduce textile waste”.
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Research highlights fashion waste ahead of eBay Live launch in UK

Research highlights fashion waste ahead of eBay Live launch in UK

​Following its move to axe individual seller fees on fashion, eBay UK has come up with some interesting statistics about UK consumers’ fashion usage and they highlight a huge amount of waste in the sector.
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Britain’s retail sales disappoint in sign of lacklustre recovery

Britain’s retail sales disappoint in sign of lacklustre recovery

Hardware stores, furniture shops, and clothing stores all reported a rise in sales, but these gains were offset by falling food sales and in department stores where retailers say higher prices hit trading.”
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Represent to launch Metallica collab

Represent to launch Metallica collab

Represent will launch a collaboration with Metallica on 24 April with TikTok star Huddy starring in the campaign. The British luxury streetwear label said it “marks a full circle moment” for the brand”.
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Klarna Untrend Report highlights classics, explores value of AI for consumer journey

Klarna Untrend Report highlights classics, explores value of AI for consumer journey

Klarna’s exploration of AI has produced what it’s calling its Untrend Report. Produced using AI, it highlights the products that defy trends and it also focuses on AI as a way to help consumers shop more sustainably.
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Nordstrom to evaluate founding family's interest in pursuing take-private deal

Nordstrom to evaluate founding family's interest in pursuing take-private deal

Nordstrom said the founding family behind the retailer had shown an interest in pursuing a potential go-private deal, prompting its board to form a special committee of independent directors to evaluate any proposal.
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Nike nears eight-figure endorsement deal with basketball star Caitlin Clark

Nike nears eight-figure endorsement deal with basketball star Caitlin Clark

Nike Inc. is nearing an eight-figure endorsement deal with basketball star Caitlin Clark ahead of her professional debut set for May, according to a person familiar with the negotiations.
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Ray-Ban maker EssilorLuxottica's revenues rose 5.5% in first quarter

Ray-Ban maker EssilorLuxottica's revenues rose 5.5% in first quarter

Eyewear maker EssilorLuxottica posted on Thursday a 5.5% increase in revenues in the first quarter, thanks to solid growth in Europe and despite a weak North America performance and a tougher basis of comparison.
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H&M unveils collaborative collection with Rokh

H&M unveils collaborative collection with Rokh

H&M launched on Thursday its collaborative collection with emerging brand Rokh introducing a collection that reimagines wardrobe staples.
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In Olympics launch, Adidas seeks to broaden sport appeal

In Olympics launch, Adidas seeks to broaden sport appeal

Adidas launched new shoes for 41 Olympic disciplines at an event in Paris on Thursday,  as it uses the Games to hone its focus on sports rather than celebrities.
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NRF promotes Adam Lukoskie to president role

NRF promotes Adam Lukoskie to president role

The National Retail Federation has announced that executive director of the NRF Foundation Adam Lukoskie has been promoted to also serve as senior vice president of NRF.
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Brixton appoints Levi's executive as new CEO

Brixton appoints Levi's executive as new CEO

Californian lifestyle brand Brixton announced Thursday the appointment of Seth Ellison to the role of chief executive officer, effective April 22.  
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