Polygiene® will treat Marks & Spencer’s kitchen towels. The towel is treated with Polygiene stays fresh antimicrobial technology and is part of M&S globally distributed core programs. The yearly forecasted order value of the kitchen towels is USD 75 000. Even if this program started at M&S India and even if the order value is quite modest at this stage, it is part of a bigger international program of treated products – and more products are already under discussion at the time of wri

Kering SA, a French global luxury group, posted 4.3 per cent revenue decline to €3,717.7 million in its third quarter (Q3) fiscal 2020 ended on September 30, compared to the revenue of €3,884.6 million in the same period previous year. Group’s online sales continued to grow with 101.9 per cent in the third quarter, led by North America and Asia-Pacific.Pic: Shutterstock“In a tough environment, Kering achieved substantial revenue recovery in the third quarter. The creativity of each of our Houses

Very.co.uk has joined hands with second-hand clothes specialist, Re-Fashion in a partnership to reduce clothes waste and fashion items being sent to landfill. The collaboration aims to reduce the amount of good quality, wearable clothes going to landfill by encouraging Very’s customers give up their unwanted clothes for new owners to give them a second life.Pic: Re-FashionVery will introduce its customers via email to Re-Fashion, inviting them to request a donation bag that can be filled with go

ASOLO - Italian company Fashion Box’s Replay brand is launching a new denim in partnership with fabric manufacturer ISKO for which it is claiming 'double green' credentials.The new Hyperflex Re-Used material blends lower impact raw materials with both reused cotton and recycled polyester - which is Replay's justification for the 'double green' claim.Waste cotton fibres that are normally lost during the spinning process make up around 10 per cent of the cotton, while the recyc

CHICAGO – Consignment company The RealReal has opened its largest ever brick-and-mortar store in Chicago, Illinois, in a telling sign of the increasing consumer engagement with second-hand apparel.The company, which has to date partnered with the likes of Gucci and Burberry, says the new store will champion sustainability by spotlighting garments made using ‘sustainable’ materials, as well as offering a repair service in order to prolong the life of items in circulation.“Opening our largest stor

German sportswear giant adidas is exploring the sale of US brand Reebok as early as March 2021, according to a report byBloomberg.Image Courtesy: news.sky.comadidas has assigned an internal team to draw up a deal as Chief Executive Kasper Rorsted seeks to put an end to the ill-fated investment.adidas bought Reebok in 2006 for around US $ 3.8 billion or €3.1 billion in a bid to stay competitive. Since then, the proportion of revenue that comes from Reebok has fallen for adidas.After taking over a

Image Courtesy: mlive.comAmerican retailer JCPenney has been struggling for past few months to finalise a buyer, but it seems like their woes may come to end soon.CEO Jill Soltau says that she expects the company to exit Chapter 11 bankruptcy proceedings before the holiday season in December.JCPenney has filed a draft asset purchase agreement, moving a step closer to finalising the deal with Brookfield Property Partners and Simon Property Group.Although the deal still needs a court approval amon

Image Courtesy: marketingderby.co.ukThe pandemic is far from over and the rise of a second wave in Europe is forcing the Government to impose a partial lockdown along with stricter guidelines so as to minimise exposure of citizens.British retail was on its way to getting back on its feet but the tougher Government measures have led to a fall in shopper numbers for the fourth week straight, according to market researcher Springboard.The research organisation said that total shopper numbers fell 3

Image Courtesy: indianretailer.comAuthentic Brands Group is eyeing Latin America to spread the reach of its popular fast fashion brand Forever 21.For this purpose, ABG has partnered with AR Holdings which is a leading retail operator in the region.The plan is to launch Forever 21 on e-commerce, wholesale and 26 retail locations across Chile, Costa Rica, Peru, Panama, Colombia, Ecuador, Dominican Republic, Ecuador, El Salvador and Guatemala, with the help of AR Holdings.Forever 21 is a newer acqu

NEW YORK - French luxury goods company Kering, which owns Gucci, Yves Saint Laurent and Alexander McQueen, has been ranked second for its business model and innovation in the Wall Street Journal's list of the world's top 100 most sustainable companies.Gildan Activewear (sixth) and Zara owner Inditex (ninth) are also in the top 10 in the category which reportedly includes more than half of the sustainability categories most relevant for the industry.Kering, which says it can trace the ori