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The truth about fast fashion: can you tell how ethical your clothing is by its price? - Vimarsana News

The truth about fast fashion: can you tell how ethical your clothing is by its price?

Thu 29 Jul 2021 01.00 EDT What is the true cost of a Zara hoodie? In April 2019, David Hachfeld of the Swiss NGO Public Eye, along with a team of researchers and the Clean Clothes Campaign, attempted to find out. They chose to analyse a black, oversized top from Zara’s flagship Join Life sustainability line, which was printed with lyrics made famous by Aretha Franklin: “R-E-S-P-E-C-T: find out what it means to me”. It was an apt choice, because the idea was to work out whether any respect had been paid to the workers involved in the garment’s production, and how much of the hoodie’s...

These Sustainable Handbags Support Eco-Friendly Fashion Without Sacrificing Style - Vimarsana News

These Sustainable Handbags Support Eco-Friendly Fashion Without Sacrificing Style

We know what can come to mind when you hear the words “sustainable fashion.” For many, the visual…is boring. But at a closer glance, the fashion industry has shifted so drastically in recent years that sustainable fashion today is anything but. Even more, it’s necessary.  Not only do the vast majority of textiles end their life cycle in landfills year after year, but according to Business Insider, the fashion industry is responsible for 10% of the Earth’s carbon emissions, proving detrimental to our water supply by drying up and polluting rivers and dams.  It’s refreshing, then...

INDITEX - Industria de Diseño Textil SA (via Public) / Inditex exceeds €1.1 billion net profit - Vimarsana News

INDITEX - Industria de Diseño Textil SA (via Public) / Inditex exceeds €1.1 billion net profit

invoiced the Group more than €4bn. Total invoicing by Spanish suppliers over the past five years stands at €24.4bn. Another highlight was the launch of volunteer initiatives with employees. These initiatives raised €1.4 million through solidarity projects in areas close to the headquarters. This amount also strengthened the collaboration with the charity Caritas, by supporting online training activities for vulnerable groups whose employment programmes had been suspended. Commitment to people throughout COVID-19 As soon as the effects of the pandemic began to be felt, the G...

Purpose-led products: Ocado launches a dedicated aisle for B-Corp brands - Vimarsana News

Purpose-led products: Ocado launches a dedicated aisle for B-Corp brands

Online supermarket Ocado has launched a dedicated virtual 'aisle' showcasing products from B-Corp certified brands, as customers increasingly look for more sustainable groceries.

Source: edie.net
INDITEX - Industria de Diseño Textil SA (via Public) / Inditex delivers €866 million net profit in the third quarter, and reaches historic net cash position - Vimarsana News

INDITEX - Industria de Diseño Textil SA (via Public) / Inditex delivers €866 million net profit in the third quarter, and reaches historic net cash position

€14.1 billion in the first nine months of its fiscal 2020 (1 February to 31 October), compared to €19.8 billion the same period in fiscal year 19. The third quarter (1 August to 31 October) registered the evident sales improvement shown since March, with sales of €6.1 billion, compared to €7 billion in 3Q19, a year-on-year decline of 14% (10% in constant currencies) after reductions of 31% in 2Q20 and 44% in 1Q20. During the third quarter, 5% of the Group's stores remained closed and 88% continued to face significant limitations in terms of space, trading hours or capaci...