The event features 250 “responsible” manufacturers from 22+ key sourcing regions (including the UK itself as well as, Portugal, Morocco, India, Nepal, Italy, Hong Kong, Nigeria, Türkiye, France, and China).
And those more used to visiting Pure London in July (now part of Spring fair and Autumn Fair in Birmingham) and seeing its popular catwalk shows were still able to see such shows with Source’s runway drawing large crowds.
It showcased three key trends being seen at the event: Electric Nature, Retro Richness, and Creative Joy. And headline partner Reskinned presented an edit of pre-owned pieces that supported the importance of resale and reuse to any sourcing operation.
The Source Debates stages also proved to be a big draw with subjects ranging from whether consumers really will pay more for sustainable fashion, what it will take to make that happen and whether the “sustainable shopper” even exists.
Rachel Gray of WRAP said that “people love to make the right decisions, but life gets in the way. If we want to see real change, we need to match good information with real-life convenience”.
And Jane Blacklock, head of environmental, social and governance (ESG) for outdoor clothing label Passenger talked about the need to build clothing with a second life in mind so you can “buy it once, wear it all the time, love it, and then repair it”.
In a similar vein, one session “explored how fashion can challenge the volume-equals-profit mindset and make a compelling case for post-growth business models”.
“If you build brand loyalty first and treat your brand like it has a purpose, it’s a lot easier to sell,” said Charlie Jones of Phase London. And Nick Reed of Neem London added that “when a customer buys from us, they’re buying an asset. We take it back at end of life, any brand, any condition, and that creates a more valuable, circular relationship”.
The general message was that “collaboration, transparency, and bold thinking are key to reshaping growth in fashion, not just economically, but environmentally and ethically”.
Of course, some might be inclined to think that this is all very well for smaller, ethically-founded brands with more niche customers. But Linda Peddie, COO and CIO of New Look, showed that the issue is a live one at major mass-market brands too. Yet she also highlighted the challenges.
“The reality is, you have to make the whole system work,” she said, stressing the need for aligned legislation, better data, and industry-wide collaboration.
Meanwhile, “sustainability veteran” Simon Platts, founder of SP&KO Consultancy, drew on decades of experience at brands including ASOS, and argued that “overconsumption, not market volatility, is the real barrier to meaningful progress”. He called for a shift to “more commercially sustainable practices, underpinned by transparency, better data, and genuine supply chain engagement”.
And of course, speakers also spoke of the importance of consumer education.
In terms of visitors from abroad, while we hear a lot about barriers to trade that are happening, but we tend to hear less about markets that are opening up. Yet Aude Priya Wacziarg director at sourcing specialist Francis Wacziarg Group, said: “It’s our first time in the UK, because India and the UK have signed a treaty for trade and now, we want to come here often.” That’s likely to be a sentiment repeated across the trade show season as far as Indian buyers and supplier are concerned.
Event director Suzanne Ellingham hailed the “energy on the show floor” and also said that ‘what’s really exciting is that this isn’t just a sourcing show, it’s become a space for honest conversations, innovation, and real collaboration. The response to our content programme, on the Source Catwalk and Source Debates stage, shows just how hungry the industry is for transparency and change, and to have honest conversations about how we drive that change together.”
The demerger of Unilever‘s ice cream division, to be named ‘The Magnum Ice Cream Company,’ which had been delayed in recent months by the US government shutdown, will finally go ahead on Saturday, the British group announced.
Reuters
Unilever said in a statement on Friday that the admission of the new entity’s shares to listing and trading in Amsterdam, London, and New York, as well as the commencement of trading… is expected to take place on Monday, December 8.
The longest federal government shutdown in US history, from October 1 to November 12, fully or partially affected many parts of the federal government, including the securities regulator, after weeks without an agreement between Donald Trump‘s Republicans and the Democratic opposition.
Unilever, which had previously aimed to complete the demerger by mid-November, warned in October that the US securities regulator (SEC) was “not in a position to declare effective” the registration of the new company’s shares. However, the group said it was “determined to implement in 2025” the separation of a division that also includes the Ben & Jerry’s and Cornetto brands, and which will have its primary listing in Amsterdam.
“The registration statement” for the shares in the US “became effective on Thursday, December 4,” Unilever said in its statement. Known for Dove soaps, Axe deodorants and Knorr soups, the group reported a slight decline in third-quarter sales at the end of October, but beat market expectations.
Under pressure from investors, including the activist fund Trian of US billionaire Nelson Peltz, to improve performance, the group last year unveiled a strategic plan to focus on 30 power brands. It then announced the demerger of its ice cream division and, to boost margins, launched a cost-saving plan involving 7,500 job cuts, nearly 6% of the workforce. Unilever’s shares on the London Stock Exchange were steady on Friday shortly after the market opened, at 4,429 pence.
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Burberry has named a new chief operating and supply chain officer as well as a new chief customer officer. They’re both key roles at the recovering luxury giant and both are being promoted from within.
Matteo Calonaci becomes chief operating and supply chain officer, moving from his role as senior vice-president of strategy and transformation at the firm.
In his new role, he’ll be oversee supply chain and planning, strategy and transformation, and data and analytics. He succeeds Klaus Bierbrauer, who’s currently Burberry supply chain and industrial officer. Bierbrauer will be leaving the company following its winter show and a transition period.
Matteo Calonaci – Burberry
Meanwhile, Johnattan Leon steps up as chief customer officer. He’s currently currently Burberry’s senior vice-president of commercial and chief of staff. In his new role he’ll be leading Burberry’s customer, client engagement, customer service and retail excellence teams, while also overseeing its digital, outlet and commercial operations.
Both Calonaci and Leon will join the executive committee, reporting to Company CEO Joshua Schulman.
JohnattanLeon – Burberry
Schulman said of the two execs that the appointments “reflect the exceptional talent and leadership we have at Burberry. Both Matteo and Johnattan have been instrumental in strengthening our focus on executional excellence and elevating our customer experience. Their deep understanding of our business, our people, and our customers gives me full confidence that their leadership will help drive [our strategy] Burberry Forward”.
Traditional and occasion wear designer Puneet Gupta has stepped into the world of fine jewellery with the launch of ‘Deco Luméaura,’ a collection designed to blend heritage and contemporary aesthetics while taking inspiration from the dramatic landscapes of Ladakh.
Hints of Ladakh’s heritage can be seen in this sculptural evening bag – Puneet Gupta
“For me, Deco Luméaura is an exploration of transformation- of material, of story, of self,” said Puneet Gupta in a press release. “True luxury isn’t perfect; it is intentional. Every piece is crafted to be lived with and passed on.”
The jewellery collection features cocktail rings, bangles, chokers, necklaces, and statement evening bags made in recycled brass and finished with 24 carat gold. The stones used have been kept natural to highlight their imperfect and unique forms and each piece in the collection has been hammered, polished, and engraved by hand.
An eclectic mix of jewels from the collection – Puneet Gupta
Designed to function as wearable art pieces, the colourful jewellery echoes the geometry of Art Deco while incorporating distinctly South Asian imagery such as camels, butterflies, and tassels. Gupta divides his time between his stores in Hyderabad and Delhi and aims to bring Indian artistry to a global audience while crafting a dialogue between designer and artisan.