Tag: fast fashion
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Commentary: Fast fashion is about to get caught up in Hormuz
The ripples from a petroleum shock have been quietly spreading into the apparel trade, says David Fickling for Bloomberg Opinion.
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Can the EU stop SHEIN and Temu from dominating the e-market?
The EU is swamped with cheap parcels imported from Chinese e-commerce giants. Products from SHEIN, Temu and the like have been benefitting from a tax loophole that will soon be axed by the EU. #EuXl
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EU seizes 4,200 tonnes of illegal textile waste from Italy in Turkey
Inspectors discovered an additional 2,100 tonnes of textile waste stored in a warehouse linked to a Turkish recycling facility that was noncompliant with environmental laws. Meanwhile, France is urging EU countries to get tough on ultra-fast fashion. #EuropeNews
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Zara owner Inditex defies Iran war concerns with strong sales
Inditex delivered first-quarter results that exceeded analyst forecasts, with net sales climbing 5.8% to €8.7 billion and the company signalling an even stronger start to the second quarter. The firm’s stock has surged over 5%.
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