In the News | 28 July 2022
Catch up on recent African fashion headlines, events and other announcements.
Cotton On Group has opened a R300m South African head office & warehouse in Waterfall City, and the competition tribunal approved TFG's Tapestry group purchase at R2.3bn. MyBroadband tests Bash's shopping experience, and M&G takes a look at the ethical and environmental concerns of South African fashion brands. Elsewhere, Pinterest begins a rollout of new tools to make the platform more shoppable, Gen Z leads a shift away from social networks and toward community platforms, and sustainability policy and reporting concerns make headlines.
Explore these stories and more below.
South Africa
Inside Cotton On’s new R300m head office and warehouse in Gauteng
For the Cotton On Group, the investment in the new headquarters is a display of its confidence in the SA market, and the larger distribution centre will help the company ramp up speed of delivery...
Woolworths clothing improves but Australia disappoints
Sales rise in second half but group takes knock from lockdowns Down Under
Katharine Child and Karl Gernetzky
TFG given greenlight to buy Coricraft and Volpes
The retailer will buy 175-store group Tapestry Home Brands from Westbrooke Investments for R2.3bn
Katharine Child
New online store Bash tested — with promising results
MyBroadband tested the new Bash online store from The Foschini Group and was impressed by the quick service, considering the store is still in the beta stage.
Wikus Steyn
Truworths’ sales jump as lockdowns ease
Truworths’ shares were up 9.14% at R52.53 at 1012 GMT, but down 0.8% since the start of this year.
Nqobile Dludla, Reuters
Sustainable in fashion, for some
Fashion outlets are providing ‘pre-loved’ as well as ethically and environmentally sound garments
Mary Corrigall
+ further reading on sustainability:
3 Sustainability Takeaways From The Global Fashion Summit
Delegates gathered in Copenhagen to discuss fashion education, offsetting vs insetting and allied power.
Modupe Oloruntoba
Best, Nuun Concepts and the resource cost of sustainability
A jewellery brand and a research-based fashion project provide a few lessons.
Modupe Oloruntoba
Global
With a new CEO at the helm, Pinterest rolls out new e-commerce tools for retailers
This week, Pinterest unveiled its latest set of e-commerce tools designed to make its platform more shoppable.
Gabriela Barkho
Gen Z shapes new social media era
Younger users are rejecting Facebook’s world, looking for more novelty or more authenticity.
Sara Fischer
‘Disconnecting ourselves from hype’: Inside Alec Leach’s debut book
In his book ‘The World Is On Fire But We’re Still Buying Shoes’, Alec explains why we need to re-think limited edition, collab and drop culture.
Alec Leach
Quartz investigation: H&M showed bogus environmental scores for its clothing
More than half of the scorecards on H&M’s website claimed that a piece of clothing was better for the environment than it was. It also showed data that were the exact opposite of reality.
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Fashion Declares | Home
Fashion Declares is a industry-wide bottom-up global movement of people who want to learn, share, and take effective action in the climate, ecological and social emergency
Billah
Nope, Fashion Is Not Responsible for 20% of Global Water Pollution, Either - Ecocult
If you want data that does more than just shock and awe, if you want data that is actionable and robust and accurate, then you need to go local.
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