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"Fashion rental has a vital role in transitions to sustainability in fashion," UTS associate professor Timo Rissanen said.
In 2022, Kmart and Bunnings halted the use of FR technology in Australia after a similar inquiry was launched.
The global athleticwear retailer launched an enzymatically recycled nylon 6,6 style in February with the same Aussie enviro-tech startup.
Chairman Bernie Brookes confirmed the business could be sold or work towards a DOCA.
The National Retail Association believes cost-of-living solutions must involve the tackling of business costs.
Parent company PLBY Group is preparing to close Honey Birdette stores in Australia to further drive growth.
From July 2025, federal government tenders for textiles above $1 million must meet agreed sustainability outcomes.
The resale market globally is expected to hit US$350 billion (A$542 billion) by 2027.
The new brand begins with 32 apparel styles and six accessories.
The concept was initially launched in Guangzhou, China in December 2022.
It comes amid a paid marketing strategy shift for the user-driven print-on-demand marketplace.
The marketplace has also witnessed a triple-digit boom in its operating profit for the quarter.
Managing director George Tsoukalas will now lead the newly renamed business under the same title.
Almost a third of businesses are unsure whether they will survive the next 12 months.
ANZ economist Madeline Dunk confirmed confidence fell across the three housing cohorts.
It comes following media reports suggesting that there were 50 redundancies in Myer's head office.
This is up from 29 per cent reported in March 2024, and 26 per cent in late February.
The Sydney Global Sourcing Expo will take place from 12-14 June 2024 at the International Convention Centre.
Jackie Mack Designs is believed to be the only Australian-born jewellery brand selling at Bloomingdales.
