The UK's Advertising Standards Authority (ASA) has banned ads from Adidas, Calvin Klein, and Uniqlo promoting "recycled" clothing and shoes. The watchdog found the companies could not substantiate their green claims, leading to potential consumer misinformation.
The UK's Advertising Standards Authority (ASA) has banned Google ads from Adidas, Calvin Klein, and Uniqlo for using the term 'recycled' without sufficient proof. The watchdog stated that absolute environmental claims require high substantiation to avoid misleading consumers.
Retail group with 4,800 stores worldwide expects drop in profits this year amid ‘muted market’Business live – latest updatesThe sports fashion retailer JD has said that profits will fall this year amid a “muted market” hit by concerns about the Middle East conflict and weaker spending by young people facing rising unemployment.The company, which runs 4,800 stores worldwide including the JD, Blacks and Millets chains in the UK, said it expected profits of between £750m and £850m in the year ahead, after reporting £852m in the year to the end of January. Continue reading...
Retail group with 4,800 stores worldwide expects drop in profits this year amid ‘muted market’Business live – latest updatesThe sports fashion retailer JD has warned that profits will fall this year amid a “muted market” hit by weaker spending by young people and concerns about the Middle East conflict.The company, which runs 4,800 stores worldwide including the JD, Blacks and Millets chains in the UK, said it expected profits of between £750m and £850m in the year ahead, after reporting £852m in the year to the end of January. Continue reading...
Retail group with 4,800 stores worldwide expects drop in profits this year amid ‘muted market’Business live – latest updatesThe sports fashion retailer JD has warned that profits will fall this year amid a “muted market” hit by weaker spending by young people and concerns about the Middle East conflict.The company, which runs 4,800 stores worldwide including the JD, Blacks and Millets chains in the UK, said it expected profits of between £750m and £850m in the year ahead, after reporting £852m in the year to the end of January. Continue reading...
The global polyester supply chain, dominated by Asia, faces mounting pressure from the energy crisis as costs for chemicals and dyes soar. Bindal Silk Mills CEO Avichal Arya reports migrant workers are leaving Surat, India's textile hub, due to cooking gas shortages, threatening global orders. Polyester, which accounts for 59% of global fibre production and is derived from oil, faces further risk from potential Strait of Hormuz disruptions.
