Consumers want more transparency from brands around eco practices with nearly a third of them thinking not enough is being done, while almost a quarter think there’s too much ‘greenwashing’ simply to improve sales.
Unibail Rodamco Westfield has reported H1 results and continued to see “significant Covid-19-related disruption” in the first six months. But it also highlighted its ongoing “resilience in tough operating conditions”.
UK retail sales continued to grow at a rate well above the long-run average in the year to July, but clothing and footwear stores are yet to see demand recover to usual levels, the CBI’s latest survey has showed.
Any brand or retailer still thinking that ethical issues don't matter should look at a new report. The study says that as many as 35% of online shoppers in the UK will only associate with "responsible" brands.
Selfridges is for sale with a formal auction process about to start. It hasn’t been announced by its owners, the Westons, but a news report said Credit Suisse will be canvassing prospective buyers “imminently”.
Italian brand Dolce & Gabbana will present its latest couture collection in Venice from August 28 to 30. On the occasion, the brand will also unveil its first homeware line and unprecedented digital collection of NFTs.
The UK-based, globally-focused Leather Working Group (LWG), which provides certification for the leather manufacturing industry, has agreed to partner with Textile Exchange to grant reciprocal membership.
UK consumer confidence finally edged ahead of its March 2020 pre-lockdown score in July, with shoppers in a spending frame of mind. It was still negative (at -7), but it's held firm or improved for six months in a row.
Finnish retail giant Stockmann's Q2 and half-year results showed a dramatic improvement all round. Revenue rose over 20% in the last three months, while the gross margin and adjusted operating profits jumped too.