Fast Fashion

Primark has committed to train 270,000 cotton farmers in more sustainable farming methods in India, Pakistan and Bangladesh by the end of 2023. To reach the 275,000 total, the fast…

Boohoo prices set to climb after profits are hit 94%

Boohoo Fast Fashion pandemic Retail

May 5, 2022

George Iddenden

Boohoo prices are set to rise after the fast fashion retailer recorded a huge dive in profits. Company executives said pre-tax profits for the 12 months to the end of…

Missguided attracts interest from several UK retailers

ecommerce Fast Fashion Missguided

May 3, 2022

Ecommerce News Sustainability

A number of major UK retailers including JD Sports, Asda, Asos, Shein and Frasers Group are all mulling bids for fast fashion firm Missguided. The news comes after Missguided hired…

Shein launches new “purposeful product” line called evoluSHEIN

evoluSHEIN fashion Fast Fashion Shein sustainability

April 29, 2022

Companies Ecommerce IPOs & Investment News

Shein has launched a new “purpose-driven” collection featuring inclusive sizing and responsibly sourced materials. The collection, called evoluSHEIN, will also support women’s empowerment projects worldwide and be an “affordable option…

Shein finally reaches $100bn valuation mark

Fast Fashion H&M IPO Shein Zara

April 6, 2022

George Iddenden

Shein has finally hit the $100 billion (£76.5 billion) valuation mark following a successful funding round. The valuation surpasses the combined value of outstanding stock shares of the two biggest…

Shein is raising funds at $100 billion value

Fast Fashion Funding Funding round Initial Public Offering IPO Shein

April 4, 2022

Shein is looking into a funding round that would value the company at $100bn, Bloomberg has reported, citing individuals familiar with the matter. The fast fashion giant is in talks…

PrettyLittleThing launches anti-rape campaign

#MyDressDoesn'tMeanYes Anti-rape Campaign fashion Fast Fashion PrettyLittleThing sexual assault

March 9, 2022

PrettyLittleThing has launched a #MyDressDoesntMeanYes anti-rape campaign in partnership with various charities, countering the idea that women who dress provocatively are “asking for it.” The campaign was unveiled for International…

Norges Bank becomes second largest investor in Boohoo

Boohoo Central bank of Norway Fast Fashion London Stock Exchange Norges Bank Norway

March 7, 2022

Companies News Supply Chain

Norges Bank, the central bank of Norway, has become the largest institutional shareholder in fast fashion giant Boohoo. The Norwegian firm has almost tripled its stake in the business from…

Missguided warns of jobs at risk due to ongoing supply chain disruption

Alteri fashion Fast Fashion Missguided supply chain

March 4, 2022