Ebay’s New Hub Promotes Pre-Loved Furniture Shopping for Sustainability
Ebay has launched a new online hub called 'Better Than New Homeware' to encourage shoppers to choose vintage, refurbished,...
fast fashion
Shein Aims for £1.6bn IPO with Major Investors Onboard
Fast fashion giant Shein is set to raise £1.6 billion in new funding before a potential US IPO, with...
Boohoo’s Controversial Growth Plan Approved Despite Shareholder Concerns
Boohoo faces backlash from shareholders over a £175 million executive bonus plan despite narrow approval at its general meeting...
High Concerns Over Online Shopping’s Environmental Impact
In a survey of over 1,000 British shoppers, 83% expressed concern about the environmental impact of online shopping. The...
Boohoo Replaces PwC with PKF Littlejohn as Auditor Amid Supply Chain Issues
Boohoo has appointed PKF Littlejohn as its new auditor, replacing PwC who resigned in October. PKF Littlejohn will now...
PwC Steps Down as Boohoo Auditor Amid Supply Chain Concerns
Accountancy firm PwC resigns as auditors for fast fashion retailer Boohoo amid concerns over supply chain malpractice allegations. Boohoo...
Forever 21 on the Brink of Bankruptcy?
Fast fashion retailer Forever 21 is reportedly preparing for a potential bankruptcy filing as restructuring talks stall. The company...
Government Rejects Sustainable Fashion Recommendations from ECA Report
In a recent development, the UK government has rejected all recommendations made by the Environmental Audit Committee (ECA) aimed...
Forever 21 Contemplates Restructuring Amid Financial Struggles
Fast fashion retailer Forever 21 is reportedly discussing potential debtor-in-possession financing with private equity firm Apollo Global Management. The...
Esprit Restructures: 40% Job Cuts and 30% Product Line Reduction
In an effort to compete against fast-fashion and online retailers, Esprit plans to cut 40% of its non-store jobs...