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Madrid, Spain (AFP) Zara owner Inditex reported Wednesday a jump in profits in the third quarter of its fiscal year despite soaring inflation and the war in Ukraine impacting business costs. The group, which also owns Massimo Dutti, said it pulled in a net profit of 1.3 billion euros ($1.4 billion), between August 1 and October 31, compared to 1.23 billion euros in the same period last year. Analysts surveyed by financial information service Factset […]
by Abhaya SRIVASTAVA Agence France-Presse JAGATDAL, India (AFP) – From the boutiques of Christian Dior to royal wedding favours, jute is growing in popularity worldwide as demand for alternatives to plastic soars, with experts predicting the bag industry alone will be worth more than $3 billion by 2024. India is desperate to capitalise on this consumer shift and seize the opportunity to revive its flagging industry, expanding it from sacks and gunny bags to fashion. […]
by Jeremie RICHARD Agence France-Presse STYKKISHOLMUR, Iceland (AFP) — On a remote island in Breidafjordur Bay off the west coast of Iceland, a thousand-year-old harvest takes place — the hunt for elusive eiderdown, used to make some of the world’s best duvets and quilts. The handpicked down sells for thousands of euros (dollars) a kilo, catering to those looking for exclusive products. Every summer, nearly 400 Icelandic farmers comb through hollow surfaces in the rock, on […]
by Kelly Macnamara Agence France-Presse Households in Europe and North America are flooding the oceans with plastic pollution simply by washing their clothes, scientists said Tuesday after research found the majority of microplastics in Arctic seawater were polyester fibres. Plastic particles have infiltrated even the most remote and seemingly-pristine regions of the planet. These tiny fragments have been discovered inside fish in the deepest recesses of the ocean — the Mariana Trench — peppering Arctic […]
by Noemi CASSANELLI Agence France Presse KORZOK, India (AFP) — For centuries the Changpa have tended the shaggy goats that provide silky-soft, super-expensive pashmina wool. But now many are rethinking their way of life, in part because of climate change. Winters have become harsher and summers drier for the semi-nomadic people living 5,000 metres (16,400 feet) up in the Changtang region straddling northern India and Tibet. This and other factors have pushed many on […]
NEW YORK, United States (AFP) — In the 1980s, the “Back to the Future” film franchise suggested we would all eventually wear self-lacing sneakers. Then a few years ago, Nike made the movie magic a reality, introducing its first shoe to the public with so-called “power lacing.” And on Tuesday, the global sportswear giant took it a step farther — now your shoes will automatically loosen or tighten when you step into them, and then […]
