News in Numbers
0.3%
A report by Circle Economy and sponsored by the H&M Foundation has revealed only 0.3% of the 3.25bn tonnes of materials used by the textile sector annually are derived from recycled inputs.
£1.55bn
Shein’s UK subsidiary Shein Distribution UK saw revenue of £1.55bn ($2.03bn) and pre-tax profit of £24.4m in the year to December 2023 ahead of an expected IPO on the London Stock Exchange.
1/3
Over a third of UK consumers (34%) see clothing as their most popular sustainable purchase and this rises to 51% for 18-24-year-olds and 44% for 25-34-year-olds, according to a study published by media company Clear Channel UK.
1st
Research by t-shirt brand Chummy Tees has revealed Nike is the most resold brand across major online marketplaces such as eBay and Depop. It found Nike came first with over 1.1m online listings, excluding shoes, across eBay and Depop.
17
The European Outdoor Group welcomed 17 organisations into its fold 2024, which brings its membership total to 144. This includes brands, retailers, technology companies and national bodies.
