Tag: news

H&M Targets 100% Sustainable Materials by 2030 With SBTN

H&M Group has set out a new nature- and materials-focused commitment, saying it intends to have all materials sourced sustainably by 2030 under an...

Saks Global Gains $300m More After Bondholder Approval

Saks Global Enterprises has gained access to a further $300m from its $1.75bn committed capital pool after senior secured bondholders signed off on the...

UK Shoppers Turn Cautious as Middle East Conflict Escalates

A sudden deterioration in confidence is reshaping the outlook for UK retail, with new GlobalData research indicating consumers have turned markedly more pessimistic about...

NRF Predicts 2026 US Retail Sales Growth Despite Volatility

The National Retail Federation has projected another year of expansion for US retail, estimating that sales in 2026 will climb 4.4% from 2025 to...

Lycra Reaches Creditor Deal to Reduce $1.2bn Debt Load

The Lycra Company has taken a major step to overhaul its balance sheet, announcing a restructuring support agreement with most of its creditors that...

Polygiene Launches OdorCrunch2.0: Next- Generation Odor Capture Technology for Modern Textiles

Polygiene has rolled out a new iteration of its odor-control platform, positioning it as a next-step solution for brands looking to keep garments fresher...

New Balance Expands Reconsidered Resale to Pre Owned Apparel

New Balance is broadening the ambition of its resale initiative, extending Reconsidered beyond footwear to include pre-owned clothing as the brand looks to keep...

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