Connect with us

Fashion

UK real GDP grows 0.2% QoQ, 1.2% YoY in May-Jul 2025: ONS

Published

on

UK real GDP grows 0.2% QoQ, 1.2% YoY in May-Jul 2025: ONS



UK real gross domestic product (GDP) grew by 0.2 per cent quarter on quarter (QoQ) in the three months to July this year, down from a 0.3-per cent QoQ growth in April-June and a 0.6-per cent QoQ growth in March-May 2025, according to the Office of National Statistics (ONS).

This rate of growth has slowed since the peak of 0.8-per cent QoQ growth in the three months to April this year.

GDP is estimated to have grown by 1.2 per cent year on year (YoY) in the three months to July 2025.

UK real GDP grew by 0.2 per cent quarter on quarter (QoQ) in the quarter to July, down from a 0.3-per cent QoQ growth in April-June and a 0.6-per cent QoQ growth in March-May 2025, official statistics show.
GDP is estimated to have grown by 1.2 per cent YoY in the three months to July.
GDP is estimated to have shown no growth month on month in July and was 1.4 per cent higher YoY.

QoQ services output growth was the main contributor to GDP growth between May and July.

Production output fell by 1.3 per cent QoQ in the quarter to July 2025 following a fall of 0.3 per cent QoQ in the quarter to June, an ONS release said.

GDP is estimated to have shown no growth in July 2025 month on month (MoM), following a MoM growth of 0.4 per cent in June and a MoM fall of 0.1 per cent in May. GDP was 1.4 per cent higher YoY in July 2025.

Fibre2Fashion News Desk (DS)



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fashion

Swarovski teams up with Erewhon for anniversary collaboration

Published

on

Swarovski teams up with Erewhon for anniversary collaboration


Published



October 28, 2025

Swarovski has teamed up with luxury grocer Erewhon for a new collaboration marking the Austrian jeweller’s 130th anniversary and ​coinciding with the arrival of its “Masters of Light: Hollywood” exhibition in Los Angeles.

Courtesy

The collaboration will see the launch of two limited-edition items: a bespoke juice and a crystallized tote bag.  The juice dubbed “Lemon 130”, combines organic mango, organic lemon, organic coconut water, organic coconut milk, organic ashwagandha, organic lion’s mane, organic turmeric, and organic vanilla, and comes packaged in Erewhon’s iconic clear bottle with an orange cap.

Likewise, the yellow cotton oversized tote features crystallized Erewhon and Swarovski logos on the front and back, as well as the Swarovski 130th anniversary logo on the interior pocket.

“One of the things I love about crystal is its relationship with light and how this interplay has the power to spark joy,” ​Giovanna Engelbert, Swarovski global creative director, who designed the tote bag for the collab.

“It’s a material that naturally complements the wellness space and aligns with the ethos that drives Erewhon; after all, who doesn’t need more joy and positivity in their life? Finding what feels good was my guiding principle when designing this tote. Yellow is the ultimate mood-boosting shade and, by incorporating crystallized logos on the exterior, we were able to find the perfect balance between extravagance and utility.”

The Swarovski X Erewhon tote bag will be available to purchase from October 29 to November 3, at the Swarovski Masters of Light – Hollywood pop-up store located at 6400 Hollywood Boulevard, LA. Limited quantities will also be available through November 10 at Swarovski’s Century City and Beverly Center locations.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

Martine Rose and Nike launch gaming-inspired collection

Published

on

Martine Rose and Nike launch gaming-inspired collection


Published



October 28, 2025

Martine Rose and Nike are expanding their ongoing partnership with a collection inspired by the world of gaming. 

Martine Rose and Nike launch esports-inspired collection. – Martine Rose x Nike

Launching globally on October 30, the Nike x Martine Rose collection reimagines esports as an arena of athleticism, style, and self-expression. 

Eight years into their creative collaboration, Martine Rose and Nike have consistently blurred the boundaries between sport, culture, and identity. This latest chapter celebrates the inclusivity and individuality of gaming communities.

“It’s the idea that anyone can be a hero, and I love that, that anyone can find a place in gaming where they’re celebrated for skill, it’s not about your physical prowess, it’s about something else,” explained Rose. “There’s a place where you can be celebrated for those aspects that you might be rejected for in mainstream culture and I think that’s really heartening.”

The collection includes relaxed, functional silhouettes such as football kits, ski jackets, hoodies, and track pants. The oversized hoodie and joggers nod to Martine Rose’s Spring/Summer 2015 collection, while a red colourway channels early-2000s grime culture.

Other highlights include a reinterpreted football kit featuring a new Nike x Martine Rose crest, and a ski parka referencing retro “nerdwear”. Accessories include a reissued cross-body bag adapted from Nike’s archives, a subtle nod to UK street style.

Lastly, the collection introduces two new colourways of the Shox MR4 — the hybrid dress shoe-sneaker first launched in 2022. The silhouette, notable for its squared-off toe and heeled Shox columns, will now be available in white and silver. 

It launches with a campaign featuring elite gamers ANa, Billy Mitchell, Scarlett, SonicFox, and TenZ.

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Fashion

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

Published

on

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


Published



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.”

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading

Trending