Category: Fashion and Retail
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Inditex and IndustriALL restore trust in their 15th anniversary
The fashion giant Inditex, with its major brands such as H&M, Zara and Bershka and IndustriALL Global Union, an organization that represents 50 million mining, energy and manufacturing workers from 600 national unions in 140 countries, reaffirm commitment with a new protocol on the 15th anniversary of their Global Framework Agreement (GFA). CEO of Inditex…
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Decathlon reverses shopping with ‘Nolhtaced’
The sports retail chain Decathlon is changing its name to Nolhtaced in reverse (pronounced Noltakket), for a month, where the customers can shop in reverse, in Belgium. Besides buying sports equipment, customers can sell old or unused sports equipment, even if they did not buy it at the brand’s store, and Decathlon repairs it and…
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Comeup is growing in the activewear market
Comeup, Alper Moda’s newest and first direct-to-consumer company, has been growing in the activewear market since 2020. The brand, which doubled its turnover in 2021 when the effects of the pandemic continued, and aims to grow by one hundred percent in 2022, has a product portfolio consisting of sports bras, tights, shorts, body, T-shirts, sports…
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Inditex announces historic highs in sales
Spain-based fashion giant Inditex reached historic highs in sales, EBITDA and net income. The textile group including big brands such as Zara, Massimo Dutti, Oysho, Pull&Bear and Stradivarius, reached 14.8 billion euros in sales, with an increase of 24.5% compared to the same period of 2021. Sales in constant currencies grew 25% while sales were…
