C&A

• NEW YORK, Dec. 28, 2023 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced the acquisition of Iteris Holding Ltda., a Brazilian business and technology consultancy focused on delivering digital transformation.
• "We are thrilled to welcome the Iteris team to the Globant family.
• The expectations related to the businesses of Globant and Iteris may differ from their actual results and consequently, you should not rely on these forward looking statements as predictions of future events.
• Most of these factors are outside of the control of Globant and Iteris and are difficult to predict.

• The Metalli shopping centre is subdividing the former C&A and Zara retail premises in a bid to expand the range of shops catering for everyday needs.
• Attractive brands are moving into the newly created retail spaces.
• Autumn 2023 will see LUSH (Switzerland) AG, specialist in handmade cosmetics, and jeweller Maison Carat SA taking possession of these retail spaces.
• Gregor Schaller, Manager of the Metalli centre, is pleased to welcome the new brands: “They ideally complement our offering in the Metalli in response to evolving customer needs.

• European fashion brand C&A has launched a new spring/summer 2023 collection made with Recover™, a high-quality recycled cotton fiber produced from textile waste.
• View the full release here: https://www.businesswire.com/news/home/20230503005531/en/
  C&A has partnered with Recover™ to launch a new collection integrating recycled Recover™ cotton (Photo: Recover™)
  The collection is the result of the 4-year strategic partnership established by the two companies last year, which aims to place recycled cotton as the core ingredient of a more sustainable fashion industry.
• The new collection, and its campaign, is yet another step in their ongoing journey to inform consumers about circular fashion while providing them with stylish and affordable options.
• Our latest collaboration with Recover™ demonstrates our commitment to connect 7/10 products to a principle of circularity by 2028.’’

• This week marks at once the annual campaign of the Fashion Revolution and the 10th anniversary of the tragic collapse of the Rana Plaza garment factory building.
• The event, which killed over 1,100 garment workers and injured two thousand more, sparked a global debate at the time about the true cost of the fast fashion industry.

The fashion industry, ten years on from the disaster

• In fact, it would appear the pace in the fashion industry has accelerated.
• In this regard, no one can deny it is important we have a public conversation about the toll fast fashion is taking on people and the environment.
• Started in early 2022, our ongoing research on slow fashion shows that there is a more beneficial way to move away from fast fashion.

A closer look at consumers’ perspective

• Consumers are held responsible for issues that they are not the architect of.
• Rather, we argue they are the victims of a system that glorifies outfit variety and makes exposure to fast fashion items unavoidable.
• Aggressive social media advertising keeps consumers addicted and influencer-generated content of #sheinhauls further normalizes enormous volumes of disposable fashion.
• Even when consumers try to step out of this treadmill, they often struggle to orientate themselves toward ethical options.

Slow fashion tips from experts

• Our aim is to better understand how slow fashion practices empower individuals and help them gain a sense of control by decelerating the pace of their fashion consumption.
• To explore this, we are currently following 14 slow fashion consumers and observing their practices, from carefully picking fabrics and threads to patch their clothes to patiently rummaging clothing racks at thrift stores.
• Slow fashion is about mindfulness and attentiveness and can help consumers “get out of the frenzy in which [they] are in,” as one of our interviewees puts it.
• This week represents a great opportunity to explore slow fashion practices and do something for individual, collective, and planetary well-being.