Sustainability

Fast Fashion? Zara to Bring Pre-Owned Clothing Service to US
Fast Fashion? Zara to Bring Pre-Owned Clothing Service to US
September 11, 2024  |  Retail

Fast-fashion brand Zara is bringing its secondhand clothing marketplace to the U.S. Zara Pre-Owned, which lets customers sell, donate or repair secondhand clothing, is set to launch...

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Photo App Photoroom Taps Green Energy for AI Training
Photo App Photoroom Taps Green Energy for AI Training
July 26, 2024  |  artificial intelligence

Photo editing startup Photoroom plans to power its artificial intelligence (AI) training using 100% renewable energy as tech companies grapple with AI’s growing environmental impact....

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Walmart Joins Retailers Tailoring Private-Label Offerings to Gen Z
Walmart Joins Retailers Tailoring Private-Label Offerings to Gen Z
June 14, 2024  |  Retail

As Gen Z shows an inclination for shopping from retailers’ own brands, major players are tailoring their private-label offerings to these young consumers’ desires and...

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Mastercard Taps Ex-Ambassador Jon Huntsman to Lead Strategic Growth
Mastercard Taps Ex-Ambassador Jon Huntsman to Lead Strategic Growth
March 11, 2024  |  Personnel

Mastercard has named former ambassador Jon Huntsman, Jr. as its strategic growth president. “Jon’s unique experience spanning four decades in public and private sectors will be extremely valuable...

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Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network
Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network
January 17, 2024  |  Shipping

Global shipping companies Maersk and Hapag-Lloyd have signed an agreement for a long-term operational collaboration. This collaboration, known as the “Gemini Cooperation,” will begin in...

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Social Media Personalities Gain Brand Partnerships for Rejecting Trends
Social Media Personalities Gain Brand Partnerships for Rejecting Trends
January 12, 2024  |  Retail

In the world of social media, influencers have been joined by deinfluencers. These emerging social media personalities are challenging the fast fashion movement and encouraging...

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Technology and Sustainability Strengthen FinTech Appeal
Technology and Sustainability Strengthen FinTech Appeal
January 05, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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As H&M Pivots to New Spenders, What Will Mango Do?
As H&M Pivots to New Spenders, What Will Mango Do?
December 27, 2023  |  Retail

As H&M works to attract a new set of shoppers, while Shein and Zara pick up more market territory in the fast fashion landscape, Mango,...

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Refurbed Raises $57 Million to Promote Sustainability in Europe
Refurbed Raises $57 Million to Promote Sustainability in Europe
November 07, 2023  |  Investments

Refurbed, an Austria-based online marketplace that sells refurbished electronics in Europe, raised $57 million in a Series C round. The platform will use the capital...

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