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WRAP resets Textiles Pact Roadmap 2030 challenge as soaring textile volumes derail progress

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October 28, 2025

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.”

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It’s official, Next wins race for Russell & Bromley in pre-pack deal

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January 21, 2026

Next has won the bidding race to take over the Russell & Bromley premium footwear business, ending almost a century-and-a-half of family ownership.

Russell & Bromley

Working with bidding partner and stock clearance specialist Retail Realisation, it’s set to takeover the 147-year-old retailer under a pre-pack administration deal.

Crucially, it means 33 of the company’s standalone stores/outlets and nine concessions (many of them in Fenwicks branches) are likely to eventually close.

The extent of the challenges Russell & Bromley faced can be seen from the fact that this is only a £2.5 million cash deal. Next is also paying £1.3 million for some of the retailer’s current stock with Retail Realisation handling the clearance of the rest.

Assuming the deal gets court approval on Wednesday afternoon, Next will own the intellectual property and just three of the stores.

Those stores are in London’s Chelsea and Mayfair, as well as the Bluewater shopping centre in Kent. Interestingly, that Bluewater store is just a stone’s throw away from the former House of Fraser branch that this year will reopen as a Next megastore.

The remaining stores and concessions will continue to trade for “as long as [they] can” as Interpath’s Will Wright and Chris Pole “assess options for them”. Russell & Bromley currently has around 440 employees.

A source close to another bidder, Auralis, told The Times it was disappointing that its offer, which aimed to safeguard jobs and stores, wasn’t given greater priority by those running the sale.

Russell & Bromley CEO Andrew Bromley called the sale decision a “difficult” one but insisted it’s “the best route to secure the future for the brand… we would like to thank our staff, suppliers, partners and customers for their support throughout our history”.

So what are Next’s plans now. That’s not clear. There had been a lot of attention focused on its likelihood of closing the store chain in the run-up to the sale but on Wednesday, Next said that it will “build on the legacy” of the business and “provide the operational stability and expertise to support Russell & Bromley’s next chapter”.

Next had also been reported to be eyeing a similar deal for LK Bennett, but Sky News reported that it has stepped away from this.

It remains one of the most acquisitive retailers on the UK high street, however, and in recent years has bought brands such as Cath Kidston, Joules, FatFace, Made and Seraphine. It also has deals to handle other key brands in the UK market such as Gap, Victoria’s Secret and Laura Ashley.

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GoldenTree to buy about $200 million of Saks Global bankruptcy financing, Bloomberg News reports

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January 21, 2026

Global asset management firm GoldenTree will buy a chunk of a $1 billion ⁠bankruptcy financing for luxury retailer Saks Global, Bloomberg ⁠News reported on Tuesday, citing people familiar with ‍the ‌matter.

A Neiman Marcus store, part of the Saks business – Neiman Marcus

GoldenTree, which is founded ⁠by billionaire ‌Steve Tananbaum, has committed ‌to buy a roughly $200 million portion of the so-called debtor-in-possession financing, according to ‍the report.

Saks Global and GoldenTree did not ‌immediately ⁠respond ​to Reuters requests for ⁠comment.

The ​high-end US department store conglomerate filed for Chapter ​11 bankruptcy protection on January 13, after ⁠a debt-laden ⁠takeover.
 

© Thomson Reuters 2026 All rights reserved.



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Warped begins worldwide debut in Italy with its menswear line

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January 21, 2026

Warped, a proudly Australian menswear brand, made its debut at the recent Pitti Uomo 109, unveiling its first-ever collection for Autumn–Winter 2026/27. Warped channels a strong, functional and authentic masculinity, free of artifice: a man capable of moving with equal ease through the Australian outback or a metropolis, without ever betraying himself. This vision translates into a collection that combines ready-to-wear, streetwear and active-functional pieces, underpinned by rigorous material research, responsible production, and a strong connection to Australia’s history and identity.

Jack Cassidy Williams, right, wearing Warped alongside one of his sons

The brand is so steeped in the free-spirited, authentic ethos of Mitch “Crocodile” Dundee, a cult figure of 1980s cinema who helped shape the image abroad of the no-nonsense Australian, that even the founder- who arrived in Milan with his two sons, aged 18 and 15, already active in the company- looks like the very character created by Paul Hogan.

“Crocodile Dundee is not just a film to us; it’s a way of being in the world. It’s about a man who hunts crocodiles with his bare hands in the outback and stays true to himself even under the dazzling lights of the metropolis,” Warped founder Jack Cassidy Williams explained to FashionNetwork.com. “It’s the story of a man who enters a sophisticated system without changing who he is. Functional, direct, honest. This is who we are. We’re not here to bend to fashion’s unwritten rules, but to bring our own way of doing things: less artifice, more reality.”

Warped

“Everything in the collection is handmade by my family. We design it, select the fabrics, create the patterns, and develop everything together- my children and I- in Australia. Traditional garments with modern finishes, in terms of handle and functionality; we even offer waterproof clothing, such as GOTS-certified waterproof cotton. Then there’s denim. All the fabrics are 100% made in Italy,” Cassidy Williams continues. At the heart of the collection is extensive fabric research: 100% RWS wool; high-stretch scuba fabrics and bi-stretch wool; cotton denim with a 3D weave effect; water-repellent cottons, viscose and viscose/linen blends for suits, jackets and trousers; high-performance, ultra-comfortable fabrics; and kangaroo-leather laces- a material five times as strong as cowhide- hand-finished with raw edges and authentic details.

“The collection is, in a way, a tribute to America, because the theme is the so-called ramblin’ man, or the free man; it’s basically about my whole life,” says the Australian entrepreneur. “All those people who decided to forge their own journey, to walk the path of life without following someone else. Like Hank Williams, Jack Kerouac, Duke Ellington, Bird, Muddy Waters, Pinetop, or Woody Guthrie- men who honoured life. Nowadays it’s so difficult to be free that freedom really is a state of mind. It’s our first collection through and through; we practically finished it before boarding the plane,” Cassidy Williams laughs heartily, then slips on a floppy wide-brimmed hat, slings a kangaroo hide over his shoulder and, as he pretends to crack a whip in the air, looks even more like Mitch Dundee- all after letting us taste a kangaroo salami and crocodile snacks…

Warped

“Our family has a textile tradition of great depth- more than sixty years- so Warped also works with the best global manufacturers in the mid-luxury segment: lace from France, fabrics from Italy, and other high-quality materials sourced from factories in Turkey, Japan and Korea,” Jack Cassidy Williams continues. “These factories were chosen not for trend’s sake, but because they’re unique- each one different from the next.”

Warped’s menswear collection for Autumn–Winter 2026/27 comprises around 40 looks spanning ready-to-wear, streetwear, and active-functional pieces. Jackets, suits, trousers, shorts, shirts, and T-shirts sit alongside a street and sportswear offer that includes hoodies, joggers and technical garments, all designed to be comfortable, durable, easy to care for, and genuinely wearable day to day.

Alongside the Warped men’s line, the company presented the Golden Age Sportswear (G.A.S) label in Milan, while the Warped Woman, and G.A.S Woman’s Street collections will debut in Italy from next Spring/Summer.

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