Eco group Waste & Resources Action Programme (WRAP) has released the latest results of the industry’s progress towards the ‘UK Textiles Pact’ which targets a 50% reduction in carbon and 30% reduction in water by 2030. And those results don’t make good reading.
While it shows carbon’s down 6% and water’s down 9% per tonne compared to 2019, “the progress made at a per tonne level has been eradicated by the continued growth in the production of new products – something WRAP has issued stark warnings about”, the report highlighted.
So with 17% more textiles for sale in 2024 compared to 2019, the Pact’s total carbon footprint is up 10% while water use is 7% higher, highlighting the “radical transformation [that] will be needed to meet… crucial milestones”.
But following “urgent talks with signatories”, there’s now a new Roadmap to meet 2030 targets, “having identified the barriers preventing the scale and speed of progress needed to achieve the Pact’s goals and turn the tide on the impact of the textiles industry”, the report said.
That means a new UK Textiles Pact Roadmap is “setting a new direction for the sector through collaboration”.
This will include focusing attention on the most impactful actions through the introduction of new indicators, “enabling signatories to reduce time deciding what to do and increase time acting; encouraging greater flexibility by providing a framework for signatories “allowing them to lean harder into some indicators relative to others in accordance with their individual business needs, which collectively will add up to the Pact’s shared targets”; and tackling upstream emissions through the introduction of a new workstream on ‘Supply Chain Decarbonisation’.
Catherine David, CEO at WRAP, said: “The Textiles sector is as fizzing with innovation and new thinking as ever. As a sector we face a huge challenge: how to decouple commercial growth from the use of carbon and water-intensive primary materials, and make the transition to Circular Living – with better products and services for consumers.
“Through the UK Textiles Pact, we’ve seen game-changing advances in the technologies and business models of the future with new collaborations challenging old assumptions and turning what was niche into mainstream consumer behaviour.
“Our new Roadmap provides updated tools and pathways for the next phase of circular growth in our textiles sector – together we’ll crack the systemic challenges that prevent the scale of change needed, and provide rocket fuel to the innovations which can accelerate the pace of change, in pursuit of our shared environmental goals, and a thriving and exciting textiles industry.”
Circular Economy Minister Mary Creagh added: “We are committed to moving towards a circular economy where waste is cut and resources are valued; fashion should not cost the Earth. Through our Circular Economy Strategy, we will support growth in the sustainable textiles sector, and I welcome the updated UK Textiles Pact Roadmap as a key step in driving climate action and circular innovation – as well as encouraging reuse and repair.
“WRAP’s new Roadmap sets a plan for achieving true circularity in the industry and we welcome the opportunity to work with as many businesses as possible to join us on this journey.”
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.