According to reports, ZARA has cooperated with China Environmental Protection Foundation to recycle second-hand clothes in stores and online, promote textile recycling and create a sustainable old clothes solution. At the same time, all other materials received by the store, such as cardboard, plastic and packaging, will be put into recycling.
According to "20021Global Environmental Fashion Market Report" issued by Research and Markets, it is estimated that the global environmental fashion market will reach 8.3 billion US dollars by 2025. The return on investment and long-term brand effect brought by sustainable fashion are pushing more and more fashion brands to participate.
On June 10, INDITEX Group announced its first fiscal quarter results as of April 30, 2022. During the period, the Group's revenue increased by 36% year-on-year to 6.74 billion euros; The net profit reached 760 million euros, a substantial increase of 80% year-on-year, exceeding the expectations of UBS analysts; Gross profit margin reached 60. 1%, the highest level in ten years. This is mainly due to the sharp rebound in store traffic, as well as ZARA, Pull &; The new season series of seven brands, such as Bear, received good response, which promoted revenue growth.
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