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Executive chairman Pablo Isla introduced a range of new targets and highlighted ongoing improvements in sales trends at the fast-fashion retailer’s AGM Tuesday.
Apple, Boeing, IBM, Inditex, PepsiCo and more have joined the MIT Climate and Sustainability Consortium that launched on Thursday. The 13 member companies, referred to as the “heart of global ...
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Inditex created Lefties in 1993; the name is taken from the term leftovers and it was created to sell old Zara clothing. [21] In 1995, Inditex purchased the remaining Massimo Dutti shares and began expanding the brand to include a women's line. [22] In 1998, Inditex launched the Bershka brand that was aimed at urban hip fashion. [23]
In response to shifting consumer expectations, investments in textile recycling companies have increased to achieve better sustainability in the textile industry. [18] Inditex and Bill Gates’ Breakthrough Energy Ventures invested in the start-up recycling company Circ in July 2022, which has patented new technologies to reengineer used fibers ...
Oysho was created in 2001 as part of Inditex’s commercial diversification strategy. Initially focused on underwear and loungewear, the brand expanded its offering over the years to include a sportswear collection. Oysho currently defines itself as a sports and leisure brand, as its first line of business.
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The SAC said Higg Index tools are designed to enhance standardized sustainability pathways [clarification needed] for the apparel, footwear, and consumer goods sectors. Today, more than 24,000 organizations around the world are using the Higg Index, [ 2 ] and its global reach and variety ensure that the SAC can now catalyze change from within ...