Industria De Diseno (OTC:IDEXY), the parent company of Zara, is launching a strategic expansion of its budget brand, Lefties, to counter the growing influence of the Chinese fast-fashion giant Shein.
Add Yahoo as a preferred source to see more of our stories on Google. As consumers and brands grow more cognizant of sustainability and their impact on the environment, fast fashion has seen a ...
AI is reshaping the efficiency of fast fashion, but experts warn it may also perpetuate overconsumption and pollution.
Shein, the Chinese fast fashion company popular in the US, recorded $32.2 billion in sales. To give you a sense of scale, Zara’s sales came in at $28 billion, and H&M’s at $22 billion. Under EU ...
As UK shoppers drift online to Shein and rivals such as H&M and Zara, Primark faces slowing sales and rising prices just as ...
Just before Christmas, Mélo—a lifestyle blogger from Paris known for promoting body positivity—uploaded a video on Instagram ...
Can fast-fashion incumbents fend off Shein? Zara owner Inditex is proving it’s possible. The company on Wednesday reported that sales grew 10.4% and net income rose 30.3% for the full year ended Jan.
Zara owner Inditex, the world’s largest fast-fashion retailer, on Wednesday said it successfully boosted its sales and profits in the first quarter as it outlined plans to invest heavily in its ...