Fast-fashion Chain Primark Expands Sustainable Cotton Program

A woman walks past a window display showing new environmentally themed posters at a Primark store in Liverpool, Britain, September 15, 2021. REUTERS/Phil Noble
A woman walks past a window display showing new environmentally themed posters at a Primark store in Liverpool, Britain, September 15, 2021. REUTERS/Phil Noble
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Fast-fashion Chain Primark Expands Sustainable Cotton Program

A woman walks past a window display showing new environmentally themed posters at a Primark store in Liverpool, Britain, September 15, 2021. REUTERS/Phil Noble
A woman walks past a window display showing new environmentally themed posters at a Primark store in Liverpool, Britain, September 15, 2021. REUTERS/Phil Noble

Primark, one of Europe's biggest fast fashion chains, has pledged to train an additional 125,000 smallholder cotton farmers in more sustainable farming methods in India, Pakistan and Bangladesh by the end of 2023.

The group's sustainable cotton program trains farmers on using fewer chemical pesticides and fertilizers and less water, thereby preserving the biodiversity and helping to mitigate against climate change. It also lowers input costs and improves yields and profits for the farmer, the group says.

Primark, owned by London-listed Associated British Foods, said on Friday the commitment would take the total number of farmers in the program to over 275,000 by the end of next year.

Last September, Primark vowed to cut its environmental impact by using more recyclable materials, making clothing more durable, and improving wages for workers.

It pledged that 100% of the cotton in its clothes would be sourced from its sustainable cotton program, organic or recycled by 2027. It also committed to make all its products from recycled fibers or more sustainably sourced materials by 2030.

Currently, almost 40% of Primark clothing is made from recycled fibers or more sustainably sourced materials.

With environmental campaigners singling out the fashion industry for its heavy use of water and chemicals, major brands are coming under pressure to adapt supply chains and address a culture that has led to millions of items ending up in landfill, Reuters reported.

Many environmental campaigners are skeptical about green pledges from brands, believing they are driven by a need for good PR and that the industry requires a wider culture change instead. Primark says its sheer size means it can make a difference.

Last month Primark said it would raise some prices as it battles inflationary pressures.



Zara Owner Inditex Reports Weaker Than Expected First-quarter Sales

A woman carries a bag from Spanish multinational retail clothing chain Zara, the flagship brand of the Inditex clothing company, in the Gran Via of Bilbao, Spain, March 12, 2024. (Reuters)
A woman carries a bag from Spanish multinational retail clothing chain Zara, the flagship brand of the Inditex clothing company, in the Gran Via of Bilbao, Spain, March 12, 2024. (Reuters)
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Zara Owner Inditex Reports Weaker Than Expected First-quarter Sales

A woman carries a bag from Spanish multinational retail clothing chain Zara, the flagship brand of the Inditex clothing company, in the Gran Via of Bilbao, Spain, March 12, 2024. (Reuters)
A woman carries a bag from Spanish multinational retail clothing chain Zara, the flagship brand of the Inditex clothing company, in the Gran Via of Bilbao, Spain, March 12, 2024. (Reuters)

Zara owner Inditex missed expectations for its first-quarter sales on Wednesday, adding to doubts about the ability of the fast-fashion retailer to keep delivering strong sales growth in an uncertain economic environment.

Inditex also reported a slower start to its summer sales, with revenue growth of 6% from May 1 to June 9, compared to a 12% growth in the same period a year ago, Reuters said.

The company reported revenues of 8.27 billion euros ($9.44 billion) for its first quarter ending April 30, missing analysts' average estimate of 8.36 billion euros, according to an LSEG poll.

Fears of resurgent inflation and an economic slowdown triggered by tariffs have already dampened consumers' enthusiasm for shopping in the United States and elsewhere.

Cooler weather in Spain, which accounts for 15% of Inditex's global sales, has also probably hurt the retailer's performance, according to Bernstein analysts.