insert_link Environment Report links H&M and Zara to major environmental damage in biodiverse Cerrado A report by U.K. investigative NGO Earthsight links supply chains of fashion giants H&M and Zara to large-scale illegal deforestation, land-grabbing, violence and corruption in Brazil. The country’s Cerrado region, home to a third of Brazil’s species, has already lost half of its vegetation to large-scale agriculture and is under increasing pressure from a booming cotton industry. The two major producers linked to illicit activities, SLC Agrícola and Grupo Horita, […] todayApril 23, 2024 16
World Fast-fashion giant Shein applies to go public in US: report ATTENTION - ADDS Shein declined to comment /// Washington, Nov 28, 2023 (AFP) - Chinese-founded fast fashion giant Shein has confidentially applied to go public in the United States, the Wall Street Journal reported Monday, calling the move potentially one of the biggest IPOs in years. The offering could come next year, the newspaper said, citing people familiar with the matter and adding that Chinese media had also reported on […] todayNovember 28, 2023 4
insert_link Africa Africa’s Fashion Sector Primed for Global Leadership By Bonface Orucho via BirdAfricaNoFilter Africa’s young, innovative, and growing population, a rising middle class, rapid urbanization, and increased government support are some of the factors fueling the African fashion sector, according to a new UNESCO report. The report, 'The Fashion Sector in Africa: Trends, Challenges, and Opportunities for Growth,' unveiled on October 26 during the 13th edition of the Lagos Fashion Week, shows that “the continent holds all the cards […] todayNovember 2, 2023 15