Fast Fashion’s Slow Adoption of New Fibers Puts Green Targets At Risk
Retailers like Hennes & Mauritz AB and Inditex SA are buying only “peanut quantities” of an innovative fiber
2023-11-08 22:56
H&M Revenue Growth Stalls as Fashion Retailer Raises Prices
H&M’s revenue growth unexpectedly ground to a halt as the Swedish retailer raised prices even amid increasing competition
2023-09-15 15:28
Zara Owner Inditex’s Sales Growth Eases After Strong Run
Inditex SA reported a slight slowdown in revenue growth at the start of this quarter, taking the luster
2023-09-13 16:58
Fast Fashion Report Cards Show What’s Really in Your Clothes
Consumers’ drive for quantity over quality is transforming the world’s textile industry, sparking an almost doubling in global
2023-07-21 05:15
Temu Accuses Fast Fashion Leader Shein of Bullying Suppliers
Chinese-owned online retailer Temu sued rival Shein in the US, alleging it violated antitrust laws by using threats
2023-07-18 10:18
H&M Blames Weather for Flat Sales as It Lags Behind Zara
Hennes & Mauritz AB blamed poor weather for flat second-quarter revenue as the Swedish retailer keeps lagging competitor
2023-06-15 14:53
Inditex Earnings Gain on Zara’s Store-Efficiency Drive
Inditex SA’s first-quarter earnings beat analysts’ expectations, thanks to bigger stores that are encouraging shoppers to buy more
2023-06-07 14:50
Zara Owner Inditex Considers Fund to Back Environmental Startups
Inditex SA, which owns the Zara clothing chain, is considering setting up a vehicle to invest in startups
2023-06-06 23:29
Regulators Want Fashion Brands to Pay for Their Textile Waste
Regulators in the US and Europe are waking up to the mounting clothing waste problem that’s clogging local
2023-05-25 23:57