focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksITV Share News (ITV)

Share Price Information for ITV (ITV)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 79.00
Bid: 78.90
Ask: 78.95
Change: 0.70 (0.89%)
Spread: 0.05 (0.063%)
Open: 78.70
High: 79.15
Low: 78.50
Prev. Close: 78.30
ITV Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

'Love Island' dumps fast fashion for second-hand eBay partnership

Wed, 15th Jun 2022 13:06

LONDON, June 15 (Thomson Reuters Foundation) - When fashion model Brett Staniland appeared on ITV's reality dating show "Love Island" in 2021, he was struck by the sheer amount of new clothing that arrived at the contestants' villa.

Each participant on the TV series was entitled to 500 pounds ($610) to spend online with fast fashion brand I Saw It First before the show's start, and would then receive a fresh delivery every few days, he said.

"Some of the other cast members were saying, 'You know, I can't wear this again because I wore it three weeks (ago),'" said the 28-year-old, who advocates for sustainable fashion.

"They'd just throw it into the corner of the room for it to be removed by cleaners each day," Staniland told the Thomson Reuters Foundation by phone. "It becomes extremely wasteful."

The cast of "Love Island" is hardly alone in snapping up fast fashion.

About 13 million items of used clothing end up in landfills in Britain every week, according to the charity Oxfam https://www.oxfam.org.uk/oxfam-in-action/oxfam-blog/never-taken-part-in-second-hand-september.

The fashion industry is the second biggest consumer of water globally, behind agriculture, and accounts for up to a tenth of greenhouse gas emissions - more than aviation and shipping combined - the United Nations' Environment Programme (UNEP) has said https://www.unep.org/news-and-stories/press-release/un-alliance-sustainable-fashion-addresses-damage-fast-fashion.

In a bid to shake off its fast fashion image and be seen as more eco-friendly, this year "Love Island" has partnered with online marketplace eBay to dress contestants in what eBay calls "pre-loved clothes".

"We believe now is the best time to change the conversation around fashion," said Jemma Tadd, head of fashion at eBay UK.

In previous series, dresses and other new items of clothing would sell out in minutes after appearing on the show.

Now, viewers wanting to replicate the stars can find similar second-hand options on eBay. Tadd said searches for cut-out dresses soared by 79% after contestants wore them on the first two episodes of this year's show, which aired last week.

Sustainable fashion campaigners and experts hope that the influence of TV shows such as "Love Island" can help promote second-hand clothing and keep more items away from landfills - even as fast fashion brands continue to flourish.

"Millions of people watch these episodes ... (they) have the potential to change behaviours," said Amber Martin-Woodhead, a human geography assistant professor focused on sustainable fashion at Coventry University.

"My concern with it is: what happens next year?" she added. "Will eBay be sponsoring it for the years to come or will it just be another fast fashion retailer next year?"

REBRANDING SECOND-HAND

While awareness is increasing of climate change threats, Martin-Woodhead said her research has found people need personal incentives to shop in a more sustainable manner.

Those includes cost savings, especially as the cost-of-living crisis bites, she said, but "thrifting" also has become more fashionable and reduced the stigma of buying second-hand.

In Yorkshire in northern England, "Love Island" fan Vicky Leyland welcomed the eBay partnership, saying her 18-year-old daughter loves hunting for charity shop bargains.

"Most of her clothes are from charity shops, and she's proud of them," she said by phone from the town of Knaresborough.

Leyland has watched every series of "Love Island" and runs a Facebook fan page https://www.facebook.com/groups/1223412177815254 with nearly 100,000 members. Only a few have commented on the show's use of eBay clothing, she said.

She said she was surprised not to have heard any discussion on the show about the new partnership. "I just hope that they mention it more, and more people go to reusing and reselling and rebuying," Leyland added.

Another company looking for a "Love Island" advertising boost is second-hand fashion marketplace Vinted.

Since it was founded in 2008, the Lithuanian app has grown to at least 50 million members globally, with users doubling in Britain over the past year to more than 3 million, said consumer lead Natacha Blanchard.

Vinted's UK customers are buying second-hand clothes not just for financial reasons but also to shop more responsibly, especially over the last few years, she said.

Research in 2017 by the environmental charity WRAP found that https://wrap.org.uk/sites/default/files/2020-10/WRAP-valuing-our-clothes-the-cost-of-uk-fashion_WRAP.pdf a 10% increase in second-hand sales in the UK could save 3% of carbon emissions and 4% of water used per tonne of clothing.

SLOW FASHION?

Boston Consulting Group, a management consultancy, predicts that the share of second-hand clothing in people's closets will rise to 27% in 2023, up from 21% in 2020.

Yet despite the growth of the second-hand market, fast fashion retailers are still thriving.

"The introduction of new collections, new trends and so on into stores and online does not seem to be showing signs of abatement," said Patsy Perry, an academic at Manchester Fashion Institute.

She said several retailers have sustainable collections - featuring items made with recycled plastics - but that these tend to make up only a small proportion of their overall range.

"Sometimes people feel like it's a bit of greenwashing," she said.

Only 1% of clothing on retailer PrettyLittleThing's website contained recycled materials, with other sellers not much higher: 2% for Boohoo, 4% for ASOS and 5% for Missguided, according to a 2021 analysis https://news.trust.org/item/20210610225140-z9reo by the Royal Society of Arts, Manufactures and Commerce (RSA) of 10,000 of the brands' items.

Activists have demanded greater transparency in the fashion industry so consumers know what they are buying.

The British government has faced calls to regulate fast fashion more tightly and make retailers take greater responsibility for their environmental impacts.

Last year, it unveiled plans https://www.gov.uk/government/news/government-unveils-plans-for-wide-ranging-waste-prevention-programme to tackle textile waste but few concrete measures are in place yet, analysts said.

To make fashion greener, experts say more needs to be done to curb production and keep clothes that are manufactured in use for longer - be it through repair, swapping, renting or simply wearing each piece many more times.

Former "Love Island" contestant Staniland said that before taking on new modelling work, he looks at information about retailers' business models, supply chains and materials.

The model is also pushing other influencers to work with more sustainable brands. Upon leaving "Love Island", cast members often sign lucrative deals with fast fashion companies.

While it is just a first step, Staniland said he was optimistic that the partnership between "Love Island" and eBay could be part of a broader change when it comes to eco-conscious fashion.

"It has the potential to be a really big moment," he said. (Reporting by Jack Graham; Editing by Kieran Guilbert and Laurie Goering. Please credit the Thomson Reuters Foundation, the charitable arm of Thomson Reuters, that covers the lives of people around the world who struggle to live freely or fairly. Visit http://news.trust.org)

More News
13 May 2024 09:41

LONDON BROKER RATINGS: BAE Systems and Mondi cut to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:

Read more
10 May 2024 09:52

LONDON BROKER RATINGS: UBS raises Trainline, cuts Kingspan

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
9 May 2024 15:21

London close: Stocks manage gains as BoE holds rates

(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.

Read more
9 May 2024 10:31

ITV quarterly Studio revenue drops due to Hollywood writers' strikes

(Alliance News) - ITV PLC on Thursday said its quarterly Studio revenue was hurt by writers' strikes in Hollywood, though the company remained confident in its guidance for the full year.

Read more
9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
9 May 2024 08:28

ITV revenues hit by US actors' and writers' strike

(Sharecast News) - Broadcaster ITV reported a fall in first-quarter revenues on Thursday, dragged lower by the production arm which was hit by the US writers' and actors' strike.

Read more
2 May 2024 13:44

UK earnings, trading statements calendar - next 7 days

Friday 3 May 
InterContinental Hotels Group PLCTrading Statement
Mondi PLCTrading Statement
Trainline PLCFull Year Results
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Arecor Therapeutics PLCFull Year Results
BP PLCQ1 Results
Ebiquity PLCFull Year Results
IWG PLCTrading Statement
Kosmos Energy LtdQ1 Results
MaxCyte IncQ1 Results
Trident Royalties PLCTrading Statement
Vaalco Energy IncQ1 Results
Wednesday 8 May 
Alliance Pharma PLCFull Year Results
boohoo group PLCFull Year Results
Brighton Pier Group PLCFull Year Results
Cornerstone FS PLCFull Year Results
HydrogenOne Capital Growth PLCTrading Statement
JD Wetherspoon PLCTrading Statement
Light Science Technologies Holdings PLCFull Year Results
OSB Group PLCTrading Statement
Renishaw PLCTrading Statement
Thursday 9 May 
Balfour Beatty PLCTrading Statement
Derwent London PLCTrading Statement
Flutter Entertainment PLC Trading Statement
Harbour Energy PLCTrading Statement
IMI PLCTrading Statement
ITV PLCTrading Statement
John Wood Group PLCTrading Statement
Rathbones Group PLCTrading Statement
Spire Healthcare Group PLCTrading Statement
Synthomer PLCTrading Statement
Wheaton Precious Metals CorpQ1 Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
25 Apr 2024 15:49

UK shareholder meetings calendar - next 7 days

Friday 26 April 
Bellevue Healthcare Trust PLC AGM
Kingspan Group PLCAGM
Me Group International PLCAGM
Pearson PLCAGM
Senior PLCAGM
Smurfit Kappa Group PLCAGM
Monday 29 April 
Goldstone Resources LtdAGM
Hydrogen Future Industries PLCAGM
JPMorgan Claverhouse Investment Trust PLCAGM
KR1 PLCEGM re buying up to 15% of shares in issue
Ocado Group PLCAGM
Secured Property Developments PLCGM re name change to Mollyroe PLC
Symphony International Holdings LtdAGM
Tuesday 30 April 
Amigo Holdings PLCGM re capital raise
Anglo American PLCAGM
BBGI Global Infrastructure SAAGM
CVC Income & Growth LtdAGM
Elementis PLCAGM
Minoan Group PLCAGM
Pebble Group PLCAGM
Robert Walters PLCAGM
Rotork PLCAGM
Wednesday 1 May 
Alfa Financial Software Holdings PLCAGM
Alpha Group International PLCAGM
AVI Japan Opportunity Trust PLCAGM
Domino's Pizza Group PLCAGM
Electric Guitar PLCGM re reverse takeover of 3radical
Flutter Entertainment PLCAGM including vote on primary listing move to New York
Glanbia PLCAGM
Jade Road Investments LtdAGM
Johnson Service Group PLCAGM
Smith & Nephew PLCAGM
Spirent Communications PLCAGM
STV Group PLCAGM
Tritax Big Box REIT PLCAGM
Unilever PLCAGM
Witan Investment Trust PLCAGM
Thursday 2 May 
AIB Group PLCAGM + EGM re proposed buyback of shares from Irish government
Aviva PLCAGM
Ecora Resources PLCAGM
Enwell Energy PLCAGM
F&C Investment Trust PLCAGM
Glenveagh Properties PLCAGM
Grafton Group PLCAGM
Gran Tierra Energy IncAGM
Howden Joinery Group PLCAGM
ITV PLCAGM
Kerry Group PLCAGM
Melrose Industries PLCAGM
Moneysupermarket.com Group PLCAGM
Personal Group Holdings PLCAGM
Reach PLCAGM
Reckitt Benckiser Group PLCAGM
Revolution Bars Group PLCGM re fundraising
Rio Tinto PLCAGM
SIG PLCAGM
UK Commercial Property REIT PLCGM re merger with Tritax Big Box REIT PLC
Ultimate Products PLCGM re share buyback programme
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
11 Apr 2024 11:14

EU court adviser backs UK fight against EU tax orders

BRUSSELS, April 11 (Reuters) - Britain's fight against an EU order to recover millions of euros from the London Stock Exchange, ITV and other multinationals that benefited from an illegal exemption in a British tax scheme got a boost on Wednesday from an adviser to Europe's top court.

Read more
4 Apr 2024 13:08

UK dividends calendar - next 7 days

Friday 5 April 
BBGI Global Infrastructure SAdividend payment date
Molten Ventures PLCdividend payment date
Pennon Group PLCdividend payment date
Real Estate Credit Investments Ltddividend payment date
Regional REIT Ltddividend payment date
Rights & Issues Investment Trust PLCdividend payment date
Sylvania Platinum Ltddividend payment date
Titon Holdings PLCdividend payment date
Triple Point Energy Transition PLCdividend payment date
Monday 8 April 
Alumasc Group PLCdividend payment date
LondonMetric Property PLCdividend payment date
Redrow PLCdividend payment date
Tuesday 9 April 
CT Global Managed Portfolio Trust PLCdividend payment date
Downing Strategic Micro-Cap Investment Trust PLCdividend payment date
Dunelm Group PLCspecial dividend payment date
Hays PLCdividend payment date
Renishaw PLCdividend payment date
Safestore Holdings PLCdividend payment date
Wednesday 10 April 
Assura PLCdividend payment date
Primorus Investments PLCspecial dividend payment date
Wilmington PLCdividend payment date
Thursday 11 April 
Amedeo Air Four Plus Ltdex-dividend payment date
Athelney Trust PLCdividend payment date
Aviva PLCex-dividend payment date
Balanced Commercial Property Trust Ltdex-dividend payment date
Barratt Developments PLCex-dividend payment date
Begbies Traynor Group PLCex-dividend payment date
Bioventix PLCex-dividend payment date
Blackfinch Spring VCT PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCex-dividend payment date
Caledonia Mining Corpex-dividend payment date
Capital & Regional PLCex-dividend payment date
Chesnara PLCex-dividend payment date
Colefax Group PLCdividend payment date
CT Private Equity Trust PLCex-dividend payment date
Downing Strategic Micro-Cap Investements Trust PLCex-dividend payment date
Driver Group PLCdividend payment date
F&C Investment Trust PLCex-dividend payment date
Foxtons Group PLCex-dividend payment date
Grafton Group PLCex-dividend payment date
GSK PLCdividend payment date
Harbour Energy PLCex-dividend payment date
Hargreaves Services PLCdividend payment date
Howden Joinery Group PLCex-dividend payment date
Hunting PLCex-dividend payment date
i3 Energy PLCex-dividend payment date
International Personal Finance PLCex-dividend payment date
International Public Partnerships Ltdex-dividend payment date
ITV PLCex-dividend payment date
Johnson Service Group PLCex-dividend payment date
JPMorgan Asia Growth & Income PLCex-dividend payment date
JPMorgan Japan Small Cap Growth & Income PLCex-dividend payment date
Just Group PLCex-dividend payment date
Kenmare Resources PLCex-dividend payment date
Kerry Group PLCex-dividend payment date
Kings Arms Yard VCT PLCex-dividend payment date
Law Debenture Corp PLCdividend payment date
Lloyds Banking Group PLCex-dividend payment date
Lowland Investment Cos PLCex-dividend payment date
Luceco PLCex-dividend payment date
Man Group PLCex-dividend payment date
Manchester & London Investement Trust PLCex-dividend payment date
Marble Point Loan Financing Ltdex-dividend payment date
Mercantile Investment Trust PLCex-dividend payment date
Mobius Investment Trust PLCex-dividend payment date
MTI Wireless Edge Ltddividend payment date
North American Income Trust PLCex-dividend payment date
Northamber PLCex-dividend payment date
Octopus Apollo VCT PLCex-dividend payment date
Phoenix Group Holdings PLCex-dividend payment date
Reckitt Benckiser Group PLCex-dividend payment date
Ricardo PLCdividend payment date
Savills PLCex-dividend payment date
Schroder Asian Total Return Investment Cos PLCex-dividend payment date
Schroder European Real Estate Investment Trust PLCex-dividend payment date
Scottish American Investment Cos PLCdividend payment date
Smurfit Kappa Group PLCex-dividend payment date
Softcat PLCex-dividend payment date
Somero Enterprises Incex-dividend payment date
Supermarket Income REIT PLCex-dividend payment date
Synectics PLCex-dividend payment date
TP ICAP Group PLCex-dividend payment date
Trifast PLCdividend payment date
TT Electronics PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
21 Mar 2024 12:24

STV extends Scottish licenses to 2034 in agreement with UK regulator

(Alliance News) - STV Group PLC on Thursday confirmed the renewal of its Channel 3 licences for the north and central regions of Scotland.

Read more
20 Mar 2024 11:04

ITV touts investment opportunities following renewal of UK licences

(Alliance News) - ITV PLC on Wednesday said that it has accepted the UK media regulator's offer to renew all of its public service broadcasting licences for a full ten-year term.

Read more
8 Mar 2024 07:42

LONDON BRIEFING: Mattioli accepts takeover offer from Pollen Street

(Alliance News) - Stocks in London are called to tread water on Friday, after a busy week of economic data and interest rate decisions.

Read more
7 Mar 2024 15:29

London close: Stocks finish firmer as US jobless claims rise

(Sharecast News) - London markets closed with modest gains on Thursday, after higher-than-expected jobless claims figures from the US, and a flurry of corporate news in the UK.

Read more
7 Mar 2024 11:11

ITV launches promised buyback but revenue and profit decline

(Alliance News) - ITV PLC on Thursday said earnings decreased in its latest year, and warned of external factors set to drive down its 2024 results.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.