Boohoo confirms update to supplier payment terms
5 days ago · Boohoo has updated its supplier payment terms for 2025. Credit: Shutterstock. A Boohoo Group spokesperson explained the company regularly reviews its ways of working to ensure it is “operating as effectively and efficiently as possible”. The spokesperson was also keen to add that Boohoo Group ...
Christmas fails to revive sluggish UK retail growth in 2024
5 days ago · Non-food sales surged by 4.4% on a YoY basis in December 2024. Credit: Hrecheniuk Oleksii/Shutterstock. For the quarter concluding in December, known as the Golden Quarter, there was a slight growth of 0.4% from the previous year. In December alone, there was a significant rise of 3.2% in overall ...
US Cotton Trust Protocol invites cotton growers to enrol for 2025
5 days ago · The US Cotton Trust Protocol provides cotton growers with resources to choose practices that are best for their land and business. Credit: Wirestock Creators/Shutterstock. These initiatives offer producers a platform to showcase their dedication to sustainable cultivation of cotton, aligning with ...
New Mauritius leader seeks to revitalise apparel sector
5 days ago · New Mauritius leader seeks to revitalise apparel sector Mauritius' clothing and textile industry is looking to diversification and sustainability to reverse its recent challenges and is hopeful that the country's new administration will strengthen its clothing and textile sector.
Next warns of 2025 price hike with other retailers 'likely to follow'
5 days ago · Next warns of 2025 price hike with other retailers ‘likely to follow suit’ UK-based fashion conglomerate Next has upgraded its profit outlook following a strong festive performance, however it has warned of a 1% price increase on all goods in 2025 with an expert suggesting other retailers are likely to do the same due to higher employee costs.
Trump’s alleged key import tariff plan signals uncertainty for apparel
5 days ago · Trump’s alleged key import tariff plan signals uncertainty for apparel The US apparel industry should prepare for uncertainty as reports claim US President-elect Trump's advisors are considering a new tariff approach that might not include apparel.