Sustainability
This coverage examines sustainability initiatives and challenges within the UK retail sector. Reporting highlights environmental strategies, supply chain improvements, energy efficiency, packaging innovation, and leadership commitments aimed at reducing impact and meeting regulatory expectations. Tailored for executives and managers, it provides insights to support sustainable decision-making and long-term planning.
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Jul- 2023 -14 JulyNews
Zalando, About You and Yoox Net-A-Porter expand climate initiative for second year
About You, Yoox Net-A-Porter and Zalando are expanding their ‘Fashion lead for climate’ initiative for the second year in a row. Launched in 2022, the platform supports fashion brands in measuring their own carbon footprints and setting targets that align with climate science. Brand partners of the three online retailers…
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13 JulyClothing & Shoes
Oh Polly partners with all-electric courier Packfleet
Global fashion retailer Oh Polly has announced a partnership with all-electric courier Packfleet to provide London-based shoppers with carbon-free deliveries. The collaboration will see clothes delivered straight to customer’s doorsteps through the courier’s cutting-edge technology, aided by its live map tracking, which updates customers on their parcels’ every step. On…
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12 JulyClothing & Shoes
Zara owner accelerates sustainability goals
Inditex, the fashion group that owns Zara, Bershka and Stradivarius, has announced at its annual general meeting that it plans to cut emissions along its value chain by 50% in 2030 to reach net zero emissions by 2040. This comes as CEO Óscar García Maceiras announced the group’s new sustainability…
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6 JulyLuxury Goods
Dune London partners with Reskinned on take-back scheme
Dune London has announced a partnership with clothing repair and resale company Reskinned on the launch of a take-back programme. The scheme, which was launched yesterday (5 July), allows customers to return pre-loved Dune London shoes in any condition and receive a voucher for up to £40 off their next…
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5 JulyClothing & Shoes
Mango invests in virtual avatar creation platform
Mango has announced it is investing in Union Avatars, a digital identity platform that creates virtual avatars in different styles, including hyper-realistic avatars. The fashion company will offer financial support to the start-up through a convertible participation loan, and Union Avatars will join Mango StartUp Studio, the company’s start-up accelerator…
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Jun- 2023 -30 JuneNews
Global Fashion Group unveils changes to executive team
Global Fashion Group has made several changes within its executive team for the next phase of its development. Helen Hickman will succeed Matthew Price as CFO and join the executive team from August 2023. Price is leaving GFG after a handover period at the end of August, to pursue new…
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29 JuneSupermarkets
John Lewis becomes first retailer to set net-zero targets
The John Lewis Partnership has become the first retailer in the UK to have its “science-based” net-zero targets validated by the The Science Based Targets initiative. The SBTi, the gold standard for setting and monitoring corporate climate targets, has validated the partnership’s target to become net-zero across its own operations…
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28 JuneClothing & Shoes
Mulberry profits fall to £13.2m in FY23
Mulberry has reported that pre-tax profits fell from £21.3m to £13.2m in the year ended 1 April 2023, despite reporting that revenues rose by 4% to £159.1m over the same period. Its UK retail sales saw a slight decline from £88.5m to £87.7m however, as the first half of the…
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27 JuneClothing & Shoes
Asos appoints sustainability expert as ESG chair
Asos has announced the appointment of Anna Maria Rugarli as non-executive director and chair of the ESG Committee. Rugarli is a sustainability and CSR expert with more than twenty years of experience working with leaders in global apparel, including Nike Inc. and VF Corporation. She has specialised in creating “innovative”…
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21 JuneHealth & Beauty
THG expects increased H1 profits following strong Q2
THG has welcomed a “strong” second quarter of trading that is set to increase its first half profitability, with adjusted EBITDA for the half-year now expected to be between £44m and £47m, compared with £32.3m in the same period last year. As a result, the group’s guidance for the financial…
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