Latest news with #Zalando
Yahoo
4 days ago
- Business
- Yahoo
Zalando elevates supply chain standards with Fair Wear membership
This affiliation will see Zalando concentrate on elevating work standards in the production of its own-brand products, aiming to set a new standard for ethical practices in the fashion sector. In addition to membership benefits, Zalando encourages other brands on its retail platform to improve their human rights due diligence practices. Zalando sustainability director Pascal Brun said: 'One thing – among many others – I really like about this partnership is that Fair Wear holds brands and companies like us accountable for performance and achievements, which perfectly aligns with our work culture at Zalando.' Fair Wear is an organisation committed to improving labour conditions in global supply chains, advocates for collaborative systemic change. The approach involves brands and manufacturers joining forces with supply chain rights and stakeholders to advance worker conditions throughout the industry. Fair Wear external affairs director Alexander Kohnstamm said: 'Zalando's membership for its private labels shows they're committed to due diligence in their supply chain at a high-quality level, with actual impact for the people making our clothes.' Fair Wear's Human Rights Due Diligence (HRDD) Academy provides resources and training for companies to deepen their understanding of human rights issues and develop effective due diligence processes. 'We're thrilled that Zalando has joined the Fair Wear movement and are confident that their dedication will inspire other brands to implement impactful human rights due diligence in their own supply chains,' Kohnstamm added. Fair Wear continues to drive systemic change in the garment and footwear sector by devising practical solutions that promote human rights. The organisation unites various stakeholders from the supply chain to establish higher standards for responsible business and collaborates with brands, retailers, suppliers, workers, and their representatives to create frameworks and tools for improving working conditions through effective human rights due diligence. The company offers fashion and lifestyle products to over 52 million active customers across 25 markets, delivering revenue of €2.42bn ($2.74bn) in the first quarter of fiscal 2025. Last month, Zalando acquired augmented reality company DeepAR, signalling a continued investment in its technological infrastructure to expedite the implementation of its ecosystem strategy. "Zalando elevates supply chain standards with Fair Wear membership" was originally created and published by Just Style, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Scotsman
16-05-2025
- Business
- Scotsman
Scotland's Rich List 2025: Here are the 10 wealthiest people in Scotland and their net worth
1 . Anders Holch Povlsen As he did last year, Anders Holch Povlsen tops Scotland's rich list with a fortune of £7.704 billion - up £974 million from last year - which also makes him the 23rd richest person in the UK. His fortune comes from the Danish fashion retailer Bestseller which was founded by his father, Troels Holch Povlsen, back in has been CEO and sole owner since 2000. He is also the second largest stakeholder in German brand Zalando and the largest shareholder of Asos. He is also the Scotland's largest private landowner and he calls Aldourie Castle on the shores of Loch Ness home. | Ritzau Scanpix/AFP via Getty Ima
Irish Examiner
15-05-2025
- Entertainment
- Irish Examiner
Nine ways to add dimension to your wardrobe with fringing
Swish. Swish. Nothing quite beats the frippery of fringing. Useful for nothing apart from visual interest, its function is sheer indulgence. Maybe that's why it's such a hard sell. Close your eyes. What comes to mind? A socialite—Martini in hand—draped across a chaise lounge. Two mysterious strangers dancing Flamenco in a café. Popping down to your local for a drink. That last one didn't make the cut, did it? But wait. It doesn't have to be so binary. Fringing, despite its reputation, possesses a certain utility – adding dimension to an outfit. & Other Stories' wispy eyelash fringing reimagines staples like a blazer without extra fabric fuss. Similarly, where Sandro's tassel hem dress is vacation-ready, Zara's knit skirt proves whimsy can be office-ready. Want to upgrade your monochrome separates? Look to M&S for inspiration with its simple yet stylish reworking of the t-shirt top. Should the thought of a freak summer shower and soggy tassels dampen your ardour, Mint Velvet's red fringe straw bag provides just the right amount of escapism. For that matter, making a dash for it in a pair of MSGM raffia mules counts too. As for reality checks, there is the small matter of laundering. Depending on the style (long tassels or thick tufts), section off the fringe using hair ties or create one loose knot. Put the garment into a pillowcase or zippered laundry bag and wash on a short, cold cycle. And remember; always dry on a clothes horse – never in the dryer. Swish. Swish. You'll be glad you did. M&S Collection top and trousers, earring and sunglasses M&S Collection top €50, M&S Collection trousers €65, earrings €17.50, sunglasses €20, all M&S M&S €50 and €65, €17.50 and €20 (all M&S) Fringe hem skirt Zara, €45.95 Fringed and beaded maxi dress Fringed and beaded maxi dress, Sandro, €275 Sandro, €275 Long necklace with tassels Long necklace with tassels, Parfois, €49.99 Parfois, €49.99 MSGM mules MSMG mules, Zalando, €223 Zalando, €223 Fringed blazer Fringed blazer, & Other Stories, €149 & Other Stories, €149 AllSaints 'Aisha' leather foil skirt AllSaints 'Aisha' leather foil skirt, Zalando, €339 Zalando, €339 Fringe straw bag Fringe straw bag, Mint Velvet, €170 Mint Velvet, €170 Cotton-blend textured fringe jumper Cotton-blend textured fringe jumper, M&S, €57 M&S, €57 Read More One and done: Nine ways to wear a versatile jumpsuit for any occasion
Business Insider
13-05-2025
- Business
- Business Insider
Zalando (0QXN) Receives a Buy from RBC Capital
In a report released yesterday, Richard Chamberlain from RBC Capital maintained a Buy rating on Zalando (0QXN – Research Report), with a price target of €50.00. The company's shares closed last Friday at €31.50. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Chamberlain is a 4-star analyst with an average return of 3.7% and a 53.57% success rate. In addition to RBC Capital, Zalando also received a Buy from Goldman Sachs's Richard Edwards in a report issued on May 7. However, on May 6, Bernstein maintained a Sell rating on Zalando (LSE: 0QXN). The company has a one-year high of €40.03 and a one-year low of €20.10. Currently, Zalando has an average volume of 518.5K.
Business of Fashion
12-05-2025
- Business
- Business of Fashion
How to Responsibly Integrate Generative AI into the E-Commerce Value Chain
BoF's latest white paper, The Future of E-Commerce, Powered by Generative AI — in partnership with Zalando — explores how business leaders can effectively integrate generative AI (gen AI) into their workplace, to both increase consumer engagement and streamline employee workloads. Gen AI and other next-generation technologies have the potential to automate workplace activities that take up 60 to 70 percent of employees' time, according to estimates from management consultancy McKinsey & Company. However, when implementing new systems and tools, businesses and their leaders must navigate a range of challenges, from a workforce potentially reluctant to adopt the technology to the rapidly evolving regulations and ethics surrounding this developing space. 'Gen AI is a great tool and advancement for our industry,' says Tian Su, vice president of personalisation and recommendation at Zalando. 'However, it needs to be used purposefully, respectfully and responsibly.' Within this paper, BoF explores the critical preliminary work required to prepare the workplace and employees for this new technology. It also examines what retailers must consider from a legal and ethical perspective, to implement the technology in a responsible and safe way. Download the white paper: The Future of E-Commerce, Powered by Generative AI Building the Right Foundations for Gen AI Before retailers look to implement gen AI tools and solutions across the e-commerce value chain, organisations and their leaders must first carefully evaluate how and where to integrate such tools. Business leaders must ensure the workplace and employee base are ready to embrace what will drive substantial organisational change. For example, it is critical that employers do not assume that their workforce fully understands what gen AI is, its distinction from predictive AI, the tools available to use, and how it adds value to workflows and systems. 'It is the responsibility of the executives to not only properly educate themselves on fashion technology and how it can be used, but to trickle down that education to their employees,' says Jessica Couch, a retail tech expert and founder of an AI-powered peer-to-peer shopping platform. Within this section of the paper, BoF explores the preliminary work e-commerce businesses need to undergo to introduce gen AI, including how they should: Inform and engage employees on the gen AI opportunity Ensure leadership buy-in and employee engagement Identify the key pain points to solve Balance employee and consumer needs An example of Zalando's personalised content display with the Zalando Fashion Assistant. (Zalando) Understanding the Business Ethics and Responsibility The speed at which gen AI is developing has prompted widespread concern around how to effectively regulate ever-evolving technologies. A 2024 Reuters Institute survey of 12,200+ individuals across the UK, US, Argentina, Denmark, France and Japan found that, while almost 50 percent of respondents believe gen AI will have a large impact on retail, nearly 25 percent of them do not trust retailers to use the technology responsibly. 'This is a business that's about trust and if you get this wrong because you get your AI wrong, then you have a negative impact and you lose your customers, you lose your partners,' says Jan Wittrodt, director of privacy, AI and technology law at Zalando. Within this section of the paper, BoF explores ethical and responsible ways in which gen AI should be embedded into an e-commerce business. For example, retailers should: Keep a human in the loop Be transparent to build trust Mitigate bias by human and data-led diversification strategies Ask the right questions — internally and externally Read the full white paper: The Future of E-Commerce, Powered by Generative AI In this white paper, BoF also explores gen AI use cases from Zalando on leveraging large-language-models (LLMs) to enhance the customer experience with virtual assistants and chatbots — and how image-generating tools can also provide businesses with new means to maximise creative output and content displays. This is a sponsored feature paid for by Zalando as part of a BoF partnership.
