Could UK follow Germany with VAT cut to tempt shoppers back to stores-

Survey after survey has shown a high level of caution among consumers about shopping in physical stores again and there are concerns that many stores will close if footfall stays low.Chancellor Rishi Sunak has hinted at a temporary VAT cut, The Times reported, which would be particularly useful for retailers as it would allow them to lower prices without having to introduce discounts that would…

Read more

Chinese consumers wary of splurging after Covid strictures fall

The 44-year-old mother of two aims to avoid indoor dining or crowded places, opting instead for food deliveries, as she fears she or her family could catch Covid-19 after China dropped testing as a prerequisite for many activities.”I’m very happy because previously, I had to do a nucleic acid test nearly every day, so this is more convenient,” she saidคำพูดจาก Read more

Flax- a key study to establish the sector’s priority issues

“Who wears linen here? Many hands were raised among the 140 professionals present in the amphitheatre where Xavier Bertrand, president of the Hauts-de-France region, spoke on Tuesday with Hervé Morin, his counterpart from the Normandy region, which is also a major flax producer. In fact, the region co-financed the report, which is the result of a hundred or so interviews conducted with key pl…

Read more

Fashion For Good launches interactive museum

Dubbed the “Fashion for Good Experience,” the museum will educate visitors about sustainability within the fashion industry, explore how they can modify their impact on the environment, and encourage them to get involved in making a difference.The technology-driven experience will include an “Innovation Lounge” offering guests the chance to discover 50 different innovators making their mark on …

Read more

Global teens demand brands are ethical, love entertaining social media posts

Released Wednesday, the research from target audience specialist GWI (via its GWI Kids dataset) looked at the behaviours and beliefs of more than 15,000 kids globally aged between eight and 15. If we focus on the 12-15 age group that’s on the cusp of becoming fully-fledged consumers, The Kids These Days report shows teens are already making digital purchases. Some 15% of this group have…

Read more

Joor launches fully shoppable autumn trend report

Linking trends seen at the recent Big Four runway shows, it’s based on an edit of the 14,000+ fashion brands presenting their FW23 collections on the platform.The first trend is Seeing Red, which it feels is the “colour of the season”. “Gorgeous crimson wowed the crowds and punctuated looks ranging from casual and fun to sultry formalwear,” it said, adding that “accessories also had…

Read more

Nordic pulp firms see future in turning birch trees into fashion

There has been no Nordic production of viscose, the main textile fiber from timber, since the last manufacturer stopped nearly a decade ago, partly on environmental grounds.But a 2011 spike in cotton prices contributed to increased global demand for viscose and lyocell, the other major textile fiber from wood pulp. Production is dominated by Austria’s Lenzing, India’s Aditya Birla and South Afr…

Read more

Hermès expands its textile production site in the south of Lyon

Holding Textile Hermès (HTH), which was set up in 2001 to bring together all the group’s textile subsidiaries, including garment manufacturing, weaving, engraving and dyeing, has expanded its Pierre-Bénite workshops, which house printing, textile finishing and finishing expertise, into three buildings built around patios and linked by an aerial walkway.The extension will see the installation …

Read more

Sports Direct shareholders veto payment to brother of founder Mike Ashley

Sports Direct said last month a report by law firm RPC had found that John Ashley was entitled to the money for his work since the British retailer floated in 2007. It asked independent shareholders to vote on the matter.At a meeting, held at Sports Direct’s headquarters in Shirebrook, central England, 71 percent of independent shareholders voted against the resolution.คำพูดจาก …

Read more