UK shoppers set to spend £653m on Father’s Day but fashion boost is limited

Sainsbury’s-owned retailer Argos said Britons spend £56 per head on average celebrating the day (ie not only gift spending), which is more than is spent for Mother’s day (£51). But consumers take just four minutes on average to decide on a dad gift, while they take twice as long for their mums.On average, both mums and dads receive two gifts on their respective days, with tech and electricals proving popular for dads, compared to jewellery and ornaments for mums. 

While traditional Father’s day gifts tended to give a big boost to fashion and beauty years ago (as accessories, socks, ties and fragrances were favourites), today’s wishlist items are more likely to be drones, fitness equipment and coffee machines.Argos said the average amount spent on each Father’s Day gif…

‘Tale of two Christmases’ as consumer incomes boom or bust says eBay

Its survey, which polled 2,000 Britons who celebrate Christmas, found 26% of respondents have less disposable income compared to pre-pandemic, compared to 19% who claim to have more. Over half of Britons (55%) report having the same amount of disposable income as pre-pandemic.As a precaution, eBay Ads UK is advising brands to take a “mindful approach” to targeting shoppers and consider the wide-ranging impact of the pandemic “on consumers’ experiences and mindsets”.

Unsurprisingly, those consumers that report having more disposable income plan to spend more on Christmas and have bigger celebrations. Some 24% reveal they plan to put their extra savings towards Christmas presents. Meanwhile, half say they plan to spend more on Christmas gifts and celebrations this year compa…

Chanel issues bond linked to climate targets

Fashion firms have made a public push in recent years to show their environmentally-friendly credentials, switching away from some materials used in clothing or handbags or trying to improve their energy sourcing in stores.A handful are now exploring new financing avenues to back their push towards more stringent goals in areas such as carbon emissions. “Sustainability-linked bonds” are tied to targets at the company-wide level, in contrast to green bonds, which fund specific projects.คำพูดจาก สล็อตเว็บตรง

The five- and 10-year deals issued by privately-owned Chanel, which only began to publish annual earnings in 2017, marked its first incursion into the bond market…

ADB loan to support Bangladesh RMG industry safeguards

In a press release, the ADB also said the loan will also be used to build badly needed effluent treatment facilities in the textile and garment industryคำพูดจาก สล็อตเว็บตรง. Many factories in Bangladesh still operate without effluent treatment plants, resulting in widespread water pollution which is particularly damaging in rural areas where communities rely on surface water for washing, bathing, irrigation and fishing.“This loan, with a 5-year tenure, will help meet the need for longer term finance currently unavailable from local banks and international capital markets, and will be used exclusively by BRAC Bank to finance socially and environmentally sustainable proje…

Fashion businesses make progress on path to net zero, says WRAP

That came as the group published the Sustainable Clothing Action Plan (SCAP) final report with SCAP having being launched eight years ago and wrapped up last year. It also reported early progress on the new Textiles 2030 programme that was launched back in April with an agreement for the sector to halve GHG emissions in line with the Paris Climate Agreement. 

Brands and retailers with over a 60% share of the UK clothing market have now committed to Textiles 2030 in just six months – and the first progress report shows how the 92 signatories plan to deliver climate goals and a circular economy.WRAP said that in the past eight years, SCAP exceeded its targets in areas such as carbon and water footprint, although it struggled to complete the waste element. The most impactful chan…

Fashion industry giants talk sustainability at Copenhagen Fashion Summit

The Summit’s 10th edition will be held on May 15 and 16 at the DR Concert Hall in Copenhagen, under the patronage of HRH Mary, Crown Princess of Denmark, with the CEO of Kering, François-Henri Pinault, and Emanuel Chirico, the boss of PVH (Tommy Hilfiger and Calvin Klein) attending for the first timeคำพูดจาก สล็อตเว็บตรง. Pinault will speak on the event’s first morning about “putting social and environmental sustainability at the core of business.”In the afternoon of May 16, Chirico will instead present his vision of how to stimulate change within an organisation in order to promote eco-responsibility.

HR directors, logistics managers and designers from groups lik…

Mango invests in sustainable startup Recovo

With an initial investment of 3 million euros, the startup accelerator was created with the aim of finding companies and early-stage projects in which to carry out “seed capital investments that bring innovation to the fashion industry value chain and improve customer experience”. The accelerator’s priorities include sustainability and technology, as well as all stages of the value chain, including product creation, distribution and sourcingคำพูดจาก สล็อตเว็บตรง. Through this project, Mango is looking to partner with more than 50 companies in the sector.After a rigorous selection phase, the Barcelona-based company Recovo has been the first project to receive Mango’s investm…

ManU gets first outerwear apparel partner

The partnership will involve the design and creation of co-branded outdoor apparel suited for “hiking, climbing, mountaineering, as well as water and snow activities.”With a global community of 659 million fans, Columbia has staked an important claim as the club’s first official outerwear partner.

Senior Vice President of Columbia Merchandising and Design, Joe Boyle, commented, “We are excited by the opportunity to unite the pinnacle franchise in sport with the global leader in the outdoor industry.”“We look forward to working together to provide our fans with a new way of expressing their support for the Club, via our range of branded outdoor apparel,” commented Manchester United Managing Director, Richard Arnold. “No matter what activity they are partaking in, th…

Is California set to become the first fur-free state-

Assembly Member Laura Friedman (D-Glendale) introduced the ‘State Fur Ban, AB 44′ on Monday — a bill that would make the Golden State the first to implement such a measure. The move follows similar decisions made across several of its cities — in September, the Los Angeles City Council voted unanimously to ban the sale of fur within the city limits, six months after San Francisco passed a similar ban.”California is one of the most progressive states in the country and a world leader in animal welfare,” said Assembly Member Friedman. “Given the overwhelming evidence of inhumane practices in the fur industry and the availability of so many different options for warm and fashionable fabrics, we will not continue to be complicit in unnecessary cruelty towards animals solely for the sake…