The Weekly Briefing - 12 October
Our policy researcher Hilary Marsh presents a roundup of the week’s fashion headlines…
Politics Home
Fashion Industry Warns of Severe Skills Shortages Because of “Brexit Talent Drain”
An in depth look, featuring Fashion Roundtable’s Tamara Cincik, on the skills shortage the UK garment manufacturing sector is facing due to the loss of skilled EU garment workers caused by Brexit. Read.
Reuters
ASOS boss exits as fast fashion retailer warns on profit
ASOS’s CEO of six years, Nick Beighton, stepped down from the role and left the company on Monday 11th October as warnings of 40% profit reduction were made. Read.
Forbes
Virtually All Cotton Claims 'False of Misleading’ Says Report Exposing Fashion’s Misinformation Problem
A new report from Transformers Foundation has examined the common statistics often heard when discussing cotton production: that it takes 20,000 litres to produce a kilogram of cotton for example. The report aims to debunk four common claims, and to highlight the misinformation problem in the fashion industry. Read.
Fashion United
Will NFT madness take over fashion too?
A dive into how big fashion brands are getting involved in the new metaverse of NFTs, and how they will look to utilise them in the future. Poignantly touching on the problem of sustainability, and how arguments for NFT usage as transparent and ethical come up against the problem that the carbon footprint of NFTs is vast. Read.