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The Business of Fashion

fast-fashion

Retail

Inditex’s First Half Sales Surge Ahead of Potential Slowdown

In the first set of results since its founder’s daughter, Marta Ortega, took over as new non-executive chairman, the company said revenue for the period rose to €14.84 billion ($14.82 billion) from €11.9 billion a year earlier.

Sustainability

The Paradox of Kourtney Kardashian Selling Sustainability

Boohoo’s latest marketing move — tapping a mega-influencer as 'sustainability ambassador' — embodies the conflicts inherent in sustainability marketing.

Sustainability

Is Resale Fuelling Overconsumption?

Ultra-fast fashion e-tailer PrettyLittleThing is the latest brand to launch a secondhand marketplace, playing into a debate over whether resale is becoming a smokescreen for even more and faster consumption.

China

H&M Back to China’s Tmall After Cancellation Over Xinjiang

The online store, which has more than 14 million subscribers, is now available on the marketplace owned by Alibaba Group Holding Ltd.

Sustainability

Op-Ed | The Radical Act of Curbing Consumption

Disconnecting from fashion’s hype cycle is the most effective way to both curb the industry’s environmental impact and develop a better relationship with our clothes, writes Alec Leach.

Retail

Uniqlo’s Owner Pushes Deeper Into North America With GU Brand

Opening this fall in Soho, New York, the pop-up store will be GU’s first outside Asia, where there are already 450 outlets selling more stylish and trendy apparel aimed at younger customers.

Sustainability

Love Island Still Turns Heads for Fast Fashion

This year the hit reality series was sponsored by resale site eBay, a move celebrated as promoting more responsible consumption. But the show is still a huge marketing opportunity for fast-fashion brands.

Sustainability

Asos, Boohoo Targeted in UK Greenwashing Probe

The Competition and Markets Authority said it opened an investigation into the three fashion brands “to scrutinise their ‘green’ claims,” saying it’s concerned that clothes, footwear and accessories are being marketed as eco-friendly with language that seems too vague and misleading.

Retail

Shein Private Bids Imply $30 Billion Valuation Drop Since April

While some current shareholders in the private company are considering cashing out ahead of a future initial public offering, the valuation spread between buyers and sellers remains a hurdle to any trade, the people said, asking not to be identified because the matter is private.

Retail

Gap Inc. CEO Sonia Syngal to Exit

The mall retailer has also tapped Horacio “Haio” Barbeito as chief executive of its Old Navy brand.

Sustainability

A Crash Course on The BoF Sustainability Index 2022

Founder and editor-in-chief Imran Amed unpacks findings from BoF’s Sustainability Index with the authors of the report.

China

Forever 21 Takes Third Crack at China With New Bricks and Mortar Store

The brand said on social media platform WeChat that it would open a store “in June” at Jingjiang Impression City shopping centre in Taizhou, a third-tier city in the eastern province of Jiangsu, which neighbours Shanghai.

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