Uniqlo

Can blockchain put an end to fakes and ripping-off ideas in fashion?

Data analysis company GlobalData defines blockchain as an electronic ledger of transactions that is continuously maintained in blocks of record…

Fast Retailing Q1 overseas revenue up 25% on strong value proposition

Fast Retailing generated JPY810.8bn ($5.57bn) revenue growth in Q1 of 2023-2024 (the three Months to November 2023), which is a…

Oxfam Australia urges Zara, Uniqlo to improve fashion purchasing practices

Oxfam Australia claims in its Christmas Wish List that global fashion retailers Zara, Uniqlo, JeansWest, Modibodi and Best & Less…

Annual FY23 profit hits new record at Fast Retailing

Japanese retailer Fast Retailing has shared record profits for the year ending 31 August 2023 (FY23), including record annual profits.…

Fashion sourcing majors fail to grow domestic sustainable apparel markets

In 2011 Brazil, which is the world’s 10th largest economy was considered by US-based consultants A.T. Kearney to be the…

Week in review: Apparel consumers’ growing ESG concerns can’t be ignored

The apparel sector has responded to several worrying reports about human rights abuses in its supply chain and consumers are…

Big fashion brands named and shamed for misleading take-back schemes

Changing Markets Foundation alleges that big fashion brands and retailers are duping customers with their take-back schemes. As part of…

Fast Retailing forecasts record 2023 profit on China post-Covid recovery

Fast Retailing says it expects annual operating profit for 2023 to reach JPY370bn (US2.6bn) and sales of JPY2.7trn. For the…

Government solutions ‘essential’ as French NGOs demand forced labour inquiry

The complaint issued by human rights organisations Sherpa and Collectif Ethique sur l'étiquette, the European Uyghur Institute, and a Uyghur…

Fast Retailing ‘coy’ on Russia exit rumours

Fast Retailing temporarily suspended operations in Russia in March 2022. The decision followed social media backlash after it said it…