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☆ London stocks slide amid economic "tug-of-war"
▼ + stars: | 2022-09-28 | by ( Johann M Cherian | ) www.reuters.com time to read: +2 min

The blue-chip index (.FTSE) dropped 1.6%, while the more domestically oriented FTSE 250 (.FTMC) shed 2.5%. The International Monetary Fund (IMF) and ratings agency Moody's criticised Britain's new economic strategy, with the latter warning that unfunded UK tax cuts would be "negative" for the country's credit standing. read more"There is an economic tug-o-war taking place between the Bank of England and the government," said Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown. Burberry Group (BRBY.L) rose 4.1% after announcing Daniel Lee would be its new chief creative officer, replacing Riccardo Tisci, who is stepping down. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Johann M Cherian in Bengaluru; editing by Uttaresh.V and Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

The blue-chip index (.FTSE) slipped 0.3% after dropping as much as 2.1% earlier in the session, while the more domestically focused FTSE 250 (.FTMC) eased 1.4%. The Bank of England said it would buy as many long-dated government bonds as needed between now and Oct. 14 to stabilise financial markets. read moreThe battered pound briefly dropped as much as 1% against the dollar, before paring some losses. Retailers (.FTNMX404010) slipped 0.5%, with online fashion retailer Boohoo Group (BOOH.L) slumping 6.4% after it cut its full-year outlook. read moreBurberry Group (BRBY.L) rose 4.3% after announcing Daniel Lee would be its new chief creative officer, replacing Riccardo Tisci, who is stepping down.

☆ Fast-fashion brands Boohoo and Pretty Little Thing are getting slammed for greenwashing after critics call sustainability claims misleading
▼ + stars: | 2022-09-17 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Boohoo is one of several fast fashion brands under investigation for sustainability practices. 'The most sustainable thing they can do is just cease operations altogether,' one critic said. Pretty Little Thing also faced greenwashing accusations of its own after announcing its "Pretty Little Thing Marketplace" feature in August. He continued: "The most sustainable thing they can do is just cease operations altogether." Boohoo and PLT aren't the only fast fashion brands getting called out for their attempts to go green.

☆ Названы самые перепродаваемые бренды в мире
▼ + stars: | 2021-06-18 | by ( Super User | ) mybusiness.md time to read: +2 min

Хотя неудивительно, что такие бренды, как Nike и Adidas, так востребованы, учитывая ажиотаж вокруг кроссовок в последние несколько лет, интересно отметить, как часто товары брендов быстрой моды также перепродаются. Конечно, интригует то, что люди платят за бывшую в употреблении одежду в магазинах быстрой моды, учитывая, что такие наряды часто недолговечны. Согласно Input, в отчете также было обнаружено, что больше всего перепродаются товары в Великобритании от брендов быстрой моды. Покупатели стремились «увеличить долговечность своих продуктов», даже если они поступают от лейблов сверхбыстрой моды, таких как британский PrettyLittleThing. Это можно рассматривать как обнадеживающую тенденцию, поскольку молодые потребители повторно используют свою бывшую в употреблении одежду.

Persons: Boohoo Missguided Organizations: eBay, Nike, Adidas, Nike Adidas Locations: prportal.com.ua, Zara, Topshop, Великобритания

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