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Fashion

H&M Foundation shifts focus of Global Change Award 2025 to help achieve net-zero emissions by 2050

The H&M Foundation has unveiled a change in strategic direction in its annual innovation challenge, the Global Change Award (GCA), to support the textile industry’s aim of halving its greenhouse gas emissions each decade to reach net-zero emissions by 2050. The GCA 2025 is now open to innovative solutions and concepts that seek to address...

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RetailFeatured

E-commerce returns surge poses challenges for retailers

The e-commerce sector is grappling with a surge in product returns, a trend that is squeezing profit margins and forcing retailers to reassess their policies. This shift comes as consumer expectations for frictionless returns clash with retailers' need to maintain profitability and reduce environmental impact. ASOS, the online fashion retailer,...

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