GFA, Deloitte unveil Fashion Impact Toolkit for textile sustainability

GFA, Deloitte unveil Fashion Impact Toolkit for textile sustainability

The Fashion Impact Toolkit will help companies navigate the impact landscape by aligning with evolving regulatory standards. Credit: Nomad_Soul/Shutterstock. GFA and Deloitte’s Fashion Impact Toolkit serves as an interactive guide for businesses to pinpoint critical sustainability issues within the textile value chain and ensure compliance with changing regulations. It emphasises key environmental, social, and governance…

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UK fashion manufacturers see record Q1 sales performance with 171% surge

UK fashion manufacturers see record Q1 sales performance with 171% surge

Profitability dropped in the UK fashion industry amid excess level increase. Credit: William Barton/Shutterstock. New data from the Manufacturing Health Index provided by Unleashed indicates this growth occurred despite a decline in small-medium enterprise (SME) business confidence to its lowest point in two years. The negative sentiment among businesses due to global uncertainty, inflation, and…

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MySize enters circular fashion, recommerce with Percentil deal

MySize enters circular fashion, recommerce with Percentil deal

Percentil is a managed marketplace for secondhand fashion with operations in Europe. Credit: Svittlana/Shutterstock. MySize’s strategic acquisition for €610,000 ($679,000) follows the insolvency of Percentil’s previous proprietor within Spanish jurisdiction. It also marks MySize’s first foray into the circular fashion and recommerce sectors. The total cost of the acquisition includes a cash payment of €40,000…

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