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Inditex Backs $400 Million Fund to Cut Fashion Supply Chain Emissions

Ut World November 10, 2026 0

Inditex, the parent company of Zara, has committed $50 million to a new climate finance fund aimed at helping textile suppliers reduce their carbon emissions through affordable loans for sustainable investments. Led by the International Finance Corporation (IFC), the World Bank’s private-sector Continue Reading

Featured Latest News

Inditex Enters Iraq with Major Retail Launch Amid Regional Tensions

Ut World March 2, 2026 0

Spanish fashion giant Inditex has officially entered Iraq, marking its 98th physical and 215th online market, even as the Middle East faces heightened instability following military conflict involving Iran, the United States, and Israel. The expansion fulfills a strategic objective outlined by CEO Óscar García Maceiras during the company’s 2024 annual results presentation, Continue Reading

Fashion Featured Latest news

Primark Faces Pressure as Shoppers Turn to Online Rivals

Ut World February 20, 2026 0

Primark, the UK budget fashion retailer owned by Associated British Foods Plc, is facing challenges as rising prices push shoppers like 20-year-old Inaaya Khan to explore competitors such as Shein, H&M, and Zara. Recent price hikes have made formerly inexpensive items noticeably more costly, prompting many customers to seek cheaper or higher-quality alternatives online Continue Reading

Business Featured Latest News

Zara Faces Backlash Over Controversial Ad Campaign: A Closer Look at the Fallout

Ut World December 12, 2023 0

Fashion retailer Zara removed an ad campaign from its mobile application and website with sculptures shrouded in white sheets and mannequins with missing limbs. Pro-Palestine campaigners attacked the advertisement, which featured model Kristen McMenamy posing in the middle of what appeared to be debris, claiming it looked like an Israeli assault on the Gaza Strip’s Continue Reading