UNIQLO founder and chairman Tadashi Yanai — Japan’s wealthiest man — who runs one of the world’s largest apparel retail company Fast Retailing Group said the company has made significant investments in India ahead of the brand’s maiden store launch in the country on Friday.
Spanish fashion retailer Zara has announced that 100 per cent of the cotton, linen and polyester used in its clothing will be more sustainable, organic or recycled by 2025.
Zara's holding group, Inditex – the world's third largest clothing company according to Forbes – made the sustainability pledge at its annual shareholders' meeting on 16 July.
The company stated that it will only use cotton, linen and polyester that is "organic, more sustainable or recycled", as one of a number of sustainable targets for the next six years.
"Sustainability is a never-ending task"
M&S announced a five-year transformation plan last year aimed at restoring the basics and changing it’s culture towards a speedy, leaner and more digitally focused business.
Mr Rowe previously condemned the retailer for having cumbersome and bureaucratic structures, and a store estate which is not “fit for the future”. However, the overhaul has proved aching for the business. M&S was criticised to its second straight year of falling profits in May as it afflicted a huge bill for store closures.
Canada will be providing an unprecedented platform for apparel and textile manufacturers across the globe by hosting the Apparel Textile Sourcing Show (ATSC) – a first-of-its-kind event for the nation.
Jason Prescott, CEO of JP Communications, parent-company to TopTenWholesale.com and Manufacturer.com and organizer of the event said that the introduction of ATSC is a direct response to market demand and fills a significant gap in the Canadian market.
The Southern African Sustainable Textile and Apparel Cluster (Sastac) is being planned to improve the industry's competitiveness while uniting it under an umbrella body.
