The study found that total post-consumer and industrial textile waste in the UK amounts to approximately 3,264 kilotonnes (kt) annually, split almost evenly between fashion (1,599 kt) and non-fashion (1,665 kt) materials.
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The companies said the offering will later expand to womenswear under the Rareism label, boys’ clothing through Rare Ones, and Rare’Z by Rare Rabbit, the group’s footwear and streetwear line.
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Value retailer V2 Retail announced on Monday that it has opened six new locations in rising Indian cities in advance of the holiday season, bringing its total number of stores to 250 across the country.
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About half of the company’s domestic sales are derived from fabrics which at present attract only 5% GST instead of the previous 12-18%. This reduces input costs and directly benefits customers.
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The new venture will see him operate as a fashion, buying and merchandising consultant, advising brands, retailers and emerging designers on product, strategy and growth.
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Nearly half of respondents said a strong founder or brand story made a label memorable, with consistent quality and raw material use also ranking highly as factors influencing consumer perception.
