Retail

The Competition and Markets Authority has published the Green Claims Code that articulates how consumer protection law applies to environmental claims and provides a framework for businesses to make environmental claims that help consumers make informed choices. 

Two California residents have filed a class action lawsuit against French luxury group Hermès International for violating antitrust laws by allegedly forcing them to purchase some of its other products to get a chance to purchase the iconic Birkin bag.

Are apparel brands impervious to water-related risks, one of the industry’s most pressing challenging factor? The answer is a resounding ‘yes’, finds a study by nonprofit Planet Tracker.

In a push to drive sustainable retail, the National Retail Federation (NRF) has launched the Center for Retail Sustainability (CRS) to support retailers’ efforts to generate economic value while creating net positive environmental, social and community benefits.

The textiles-fashion industry is living in a bubble where nature does not exist and all that babble about sustainability is just that. That's the impression one gets after reading between the lines of the annual Materials Benchmark of nonprofit Textile Exchange. Like always, there’s been a lot of progress, but a lot also remains to be done.

The US Federal Trade Commission (FTC) and 17 states in the country have sued Amazon.com for using its monopolistic power to illegally stifle competition and discourage new players.

A Planet Tracker analysis—Following the Thread—recently underlined the significant disconnect between the location of the majority of the sales, profits and capital in the textiles industry and the location of the most significant negative environmental impacts. Richard Wielechowski, Senior Investment Analyst (Textiles) at Planet Tracker, tells texfash.com what this disconnect means.

Reliance Retail has become the first Indian retailer to adopt the country's new digital currency called Digital Rupee – Retail [e₹-R].

Unlike fast fashion trends, each recession is unique. It’s quite unlikely the world will see the same increased productivity and production as the way out of the current mess as earlier. This time, however, the keywords would be different: effective sourcing strategies, multiple revenue streams, and sustainable products and practices.

Amazon is leading Walmart in both overall consumer and retail spend, according to the report 'The Battle for Consumer Retail Spend: Amazon Versus Walmart Q2 2022'.