Skywire

  Urgent environmental concerns are continuing to dominate much of the public conversation about the fashion sector. And climate action non-profit organisation (NGO), the Waste and Resources Action Programme (WRAP), has recently issued a fresh warning on the state of efforts to combat such concerns.  Specifically, the organisation has said that while the fashion sector has been striving to minimise the environmental impact of the clothing it sells, this push has been undermined by an ongoing addiction to purchasing new clothes.  ‍ Genuine progress, but also much reason for concern  WRAP’s warning was spelled out in its recent annual progress report in relation to Textiles 2030, the NGO’s voluntary environmental pact that counts such big names as Primark and Asos among its signatories.  Although the 130 participating brands and retailers had achieved a 12% reduction in the carbon impact of their textiles between 2019 and 2022, the same period had seen a...

  How have the festive shopping season, and 2023 as a whole, been for your high-end brand so far? Alas, many of the recent statistics have pointed to tough times being experienced even by many players at the luxury end of the market.  This much was recently reported by Glossy , which said that retail sales volumes in Britain had continued to decline during October. It is another illustration of the scale of the challenge that the UK economy is still facing as worries about a possible recession persist.  ‍ Hopes of a “bounce back” in retail demand haven’t been realised in 2023  The media brand quoted a retail expert, Rebecca Bingley, who perhaps summed up much of the mood among brands and stores in the UK.  Ms Bingley observed that “brands have been feeling this softness in sales over the last couple of months, and we have all become very used to seeing continued ad-hoc promotions as businesses try to re-balance their excess inventory and revenue foreca...