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Apparel DECODED

Latest edition: 08 May 2024
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Spotlight

Explainer: Lululemon probe thrusts ‘misleading' green claims into spotlight

Lululemon is the latest brand caught up in allegations of “misleading” consumers with its sustainability claims as industry experts say companies must ensure any green claims made are “reasonable and balanced” to prevent reputational damage.

Latest news

In data: RFID upgrades inventory management for apparel manufacturer

Tracking solution provider RFID Discovery has announced it is working with European clothing supplier Brook Taverner, however GlobalData has revealed Radio Frequency Identification (RFID) apparel patents have not risen since 2020.

Turkmenistan urged to end forced labour in cotton supply chain

Global fashion brands and retailers are being asked to prohibit the use of Turkmenistan cotton after a new report has alleged state employees were subjected to forced labour during the 2023 harvest.

Boohoo sees automation as key to FY25 growth after tough FY24

UK online fashion retailer Boohoo reported a 17% drop in group revenue for FY24 but maintains its investments in automation will reduce costs in FY25 with the ultimate goal of bringing the group back to profitable growth.

US economy shows resilience in Q1 despite lingering inflation

The National Retail Federation has revealed the US economy's pace of growth declined in the first quarter (Q1) with an unexpected bout of inflation, however a solid job market kept consumers spending.

Zalando eyes return to growth despite Q1 sales drop

German online retailer Zalando faced stiff competition from fast fashion giant Shein with its Q1 sales slipping 0.6% to €2.2m ($2.37m), but an industry expert maintains it is on the "right track" for future growth.

Puma FY holds promise despite weak Q1 sales

German sports retailer Puma reported a weak Q1 with sales up by 0.5% on a currency adjusted basis but down 3.9% on a reported basis, however it has maintained its FY guidance with an industry expert noting it's performance is improving with hope for the remainder of the year.