Spain: Inditex, Mango, H&M, Primark, Kiabi and Uniqlo set out to negotiate their own branch collective agreement Europe Set up early in 2023 as a discreet lobby, Asociación Retail Textil España (ARTE) has recently announced initial discussions with trade unions over the potential for its own collective agreement.…
Interview Peter Pernot-Day, Shein: “With our production model, we have an unsold rate of 10%” Interviews The Singaporean ultra-fast fashion retailer, which is due to be listed on the New York Stock Exchange, is estimated as the world’s third largest fashion retailer. While Shein is accused of forced labour and regularly pinpointed for a poor ecological impact, Peter Pernot Day, Head of Global Strategy and Corporate Affairs for Shein Group, outlines the pure player’s business model in an interview with mind Retail.
Sandro : Second-hand, a profitable business from the first year Europe After 12 months of operations, Sandro shared with mind Retail the results of their second-hand business, which launched 100% online. For the fashion brand, this service is now at a "roll-out" stage, with transposition in stores and a launch in several European countries.
Eduardo Velasco, L Catterton: “Consumers do not believe in ESG transformations” Interviews Eduardo Velasco, Partner at the investment fund L Catterton co-founded by LVMH and Bernard Arnault (US$ 33 billion in assets under management in F&B, fashion, etc.) was a guest at the latest FrenchFounders meeting in Paris, which mind Retail attended. He shared a vision of private equity on the ecological commitment of brands.
Financial results. Inditex widens the gap with H&M and Fast Retailing in 2022 Europe In 2022, the world's largest fashion Inditex retailer posted a profit of €4 billion, up by 27% on 2021. A net result that places the group above fast-fashion competitors.
Camaïeu: Celio takes over the brand, but not the customer base Europe Four years after the implementation of the GDPR, Camaïeu's customers have finally not seen their data go to the highest bidder.