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US retailers brace for tough Holiday Season as consumers tighten belts

As the holiday shopping season approaches, retail and consumer product companies are facing a challenging environment, according to a new report from S&P Global Ratings. With consumers expected to rein in discretionary spending, retailers will need to sharpen their focus on value and promotions to drive traffic and sales. S&P forecasts holiday...

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Fashion |Report

A new report highlights European apparel's environmental challenges

As the apparel sector continues to evolve, the rise of fast fashion, online sales, and ultra-fast fashion are all impacting the industry's environmental footprint. These shifts have resulted in environmental challenges throughout the value chain, according to S&P Global Ratings’ latest Sustainability Insights report: ‘As The European Apparel...

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Management

Moncler tops Dow Jones Sustainability Indices

For the third consecutive year in a row, Moncler has topped the Dow Jones Sustainability Indices (DJSI) World and Europe, obtaining the highest score of 89/100 in the ‘Textile, Apparel and Luxury Goods’ sector, according to the S&P Global Corporate Sustainability Assessment 2021. The Dow Jones Sustainability Index is described as the “gold...

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