H&M has been commended for its Scope 3 targets, supplier financing for clean energy, and policy advocacy.
The brand is providing low-cost loans for new energy to suppliers in Asia.
Aim is to become net zero by 2040 across its supply chain.
Only three out of 42 brands cutting emissions fast enough to align with 1.5°C targets.
Most peers lag, with 40 per cent increasing emissions since baseline years.

LA houses the largest cut and sew apparel base in the US.
ICE raids on LA garment factories have disrupted the immigrant-driven US apparel sector, exposing the contradiction in promoting ‘Made in USA’ while cracking down on its workforce.
With immigrants comprising nearly one-third of garment workers, the crackdown threatens domestic production, exports, and the very revival tariffs aim to support.

Vanguard Group acquired a 1.1 per cent stake in Vishal Mega Mart for Rs 655 crore. Vishal Mega Mart shares then experienced a rise. Samayat Services LLP divested a significant stake in the company earlier. Hill Fort Capital sold shares in Westlife Foodworld. HDFC Mutual Fund purchased shares in Westlife Foodworld.

A Rebound Returns survey of over 5,000 consumers in the US shows rising demand for sustainable returns, with 18 per cent willing to pay extra—rising to 32 per cent among 16–24-year-olds.
While cost remains a barrier, most want greener options.
Interest in circularity is also strong: 67 per cent want electronics recycling and 60 per cent want fashion donation services.

Bangladesh’s share in the US apparel market crossed 10 per cent in Q1 2025, reaching $2.22 billion, driven by a 26.56 per cent year-on-year surge.
While China retained the top spot with $3.98 billion, its share slipped to 18.92 per cent.
Trade tensions with China and strong growth momentum have helped Bangladesh gain ground in the world’s largest apparel-importing market.

Puma unveils its Velum sneaker in Paris with designer Salehe Bembury, marking their first lifestyle collaboration.
The immersive launch blends nature and tech in a biomorphic space, showcasing Velum’s evolution.
The event opens with a private preview and public pop-up on June 25, offering 100 exclusive pairs and appearances by Bembury himself.

In Q1, Poland’s LPP saw strong double-digit sales growth—19.9 per cent in-store and 25.1 per cent online—driven by its omni-channel strategy.
The company opened 136 new stores, expanding its network to nearly 3,000 locations.
LPP is expanding into Central Asia and Eastern Europe while focusing on profitability, flexible strategy execution, and optimising store formats.

A Bain & Co. study reveals a slowdown, not collapse, in global personal luxury goods sales, projecting a further 2-5% dip in 2024 due to tariffs and geopolitical tensions. Despite headwinds like creativity crisis and supply chain issues, some brands like Prada thrive while others like Gucci struggle, prompting leadership changes.

Mango partners with Circulose, becoming the first brand to use its recycled cotton-based fibres since the company’s restart.
This marks a key step in Mango’s strategy to adopt a circular production model and reduce its environmental impact.
The collaboration reinforces Mango’s long-term commitment to sustainable fashion and innovation in textile recycling.

The Indian apparel sector is projected to clock a 11 per cent compound annual growth rate (CAGR) over FY24-FY29, a report showed on Friday.