There may be a certain amount of scepticism around big company commitment to sustainability, but the Better Cotton Initiative (BCI) said its members sourced more than 1m metric tonnes of Better Cotton in 2018.
Tiger of Sweden and By Malene Birger owner IC Group is selling its under-performing Saint Tropez brand to DK Company A/S and has also issued a warning that its remaining brands will be weaker than it had expected.
Designers Remix said on Wednesday that Charlotte and Niels Eskildsen have bought back IC Group’s 51% stake in the company and ended their co-ownership deal after 17 years. They plan a deeper focus on sustainability.
Amer Sports, owner of Salomon, Peak Performance and Arc'teryx, has announced renewed talks with a consortium led by Chinese rival Anta Sports, perhaps suggesting a small step closer to more definitive negotiations.
The Finnish owner of sports brands including Salomon and Arc’teryx has placed its cycling clothing brand Mavic under strategic review in an effort to streamline its portfolio and boost growth, it announced on Thursday.
Declines at By Malene Birger and Tiger of Sweden meant a challenging year for IC Group, but a new structure means its brands will sink or swim on their own merits at it becomes a holding company and mulls more sell-offs.