How impact investing seeks to influence the strategies of fashion companies
After Inditex saw its investors demand greater transparency regarding the factories where it produces its garments, publicly traded fashion companies…
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French legislators approve bill to apply sanctions to fast fashion
By Reuters API Published March 14, 2024 The lower house of the French parliament approved a bill on Thursday that…
The profit of Inditex, owner of Zara, increases by 30% to 5.4 billion euros in 2023 thanks to its commitment to high-end fashion and competitive prices
By Reuters API Published March 13, 2024 Zara owner Inditex said on Wednesday its net revenue for 2023 rose 30%…
China's textile industry seeks balance between national and international markets
Translated by Cassidy Stephens Published March 12, 2024 Along with luxury goods, Chinese sportswear production appears to be the latest…
Investors pressure Zara owner Inditex to publish full supply chain
By Reuters API Published March 11, 2024 Investors want Zara owner Inditex to follow the lead of rivals H&M and…
Is Zara the new face of luxury? If the $699 camel coat fits you
By Bloomberg Published March 1, 2024 For years, Inditex SA's Zara was behind luxury brands. The biggest names in fashion…
Europe demands the removal of “sustainable” icons on Zalando products
Translated by Roberta Herrera Published February 26, 2024 The European Commission has revealed negotiations with Zalando for the removal of…
Shein and Temu fast fashion boom shakes global air cargo industry
By Reuters API Published February 21, 2024 The rapid rise of fast fashion e-commerce retailers such as Shein and Temu…
New H&M boss Daniel Ervér faces a pricing dilemma as he fights to win back customers
By Reuters API Published January 31, 2024 H&M's new boss faces a thorny dilemma: raise prices and lose further ground…
Boohoo cuts ties with UK supplier after overtime work allegations
By Bloomberg Published January 26, 2024 Boohoo Group Plc said it stopped working with a UK supplier after allegations that…