The fashion industry clearly has a problem with overproduction. In March, fast fashion powerhouse H&M reported being sitting on a pile of no less than 4.3 billion US dollars worth of unsold inventory. A few months later, UK luxury label Burberry received backlash for reportedly destroying finished products worth 28.6 million pounds (approximately 36 million US dollars) instead of selling them for a lower price.
A growing list of UK companies are minimising disruption to operations by prepping for a no-deal situation.
MARKET HARBOROUGH, United Kingdom — Fashion retailer Joules Group is establishing a European union-based distribution facility and bringing the inventory of its 2019 spring-summer collection into the UK earlier than usual as it prepares for a no-deal Brexit.
Joules Group, which designs and sells colourful clothes, accessories and furnishings, also said on Wednesday it was preparing for an expected increase in administrative activities and hedging currency more than 12 months forward ahead of the UK's planned departure from the EU bloc.
With a touch of festive season... Exporting UK Ex Chainstore Fashion (Container/Truck Loads) to over 65 Countries. Due to high volumes of stock arriving and selling weekly, all our product ranges are not fully updated on our website. Why not give us a call or email us with any requirements you have?
The business model used by the fashion industry is broken and firms need help to adopt more sustainable practices, MPs have been told.
The warning, from a London College of Fashion academic, comes amid increased scrutiny of the UK's fashion retailers.
Prof Dilys Williams, director of the college's centre for sustainable fashion, said legislation and government support were needed.
Marks & Spencer, Primark, Boohoo and Asos have all given evidence to MPs.
Earlier this month, Prof Williams appeared before the Commons environmental audit committee's inquiry into the sustainability of the fashion industry.
In response to a question from Green MP Caroline Lucas about whether a T-shirt can be produced sustainably for £5.99, Prof Williams said: "If a business is built on fair wages and living within environmental limits then, no, we cannot sell T-shirts at the price that we currently are.
(Former Made in Chelsea star Millie Mackintosh gave items to a pop-up "slow fashion" store in east London-Photo Above)
If you are one of the many people who aren’t crazy about the cold, navigating your way through the winter season with a smile on your face can be pretty tricky. Despite the abundance of super huge and padded winter coats, some of us still find ourselves walking around with the chills, and let’s be honest: it’s really not that fun.
However, there is a heated apparel company (yes, you read that correctly) called Ororo offering vests, coats, fleeces, and even sweatshirts with rechargeable battery heating devices — promising to keep you warm even under sub-arctic weather conditions. And we are so on-board.
From Asos and AllSaints to Topshop and Whistles, dozens of shops are offering discounts...
Many of our favourite stores have joined in the spending frenzy of Black Friday this year.
This is the ideal time nab that winter coat or a pair of boots you've had your eye on for months. But where to look? To save you time, we've gathered together a list of retailers offering some of the best fashion and beauty bargains.