Factbox-Foreign fashion retailers in China [Reuters]
FAST RETAILING UNSP/ADR (FRCOY)
NASDAQ:AMEX Investor Relations:
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Source: Reuters
By Reuters Staff 4 Min Read (Reuters) -Fashion brands, including H&M, Nike and Adidas, have come under fire on Chinese social media for past statements they have made expressing concern over labour conditions in Xinjiang province. Internet users in China also targeted the Better Cotton Initiative (BCI), a group that promotes sustainable cotton production which said in October it was suspending its approval of cotton sourced from Xinjiang for the 2020-2021 season, citing human rights concerns. BCI members include Nike, Adidas, H&M and Japan’s Fast Retailing. Following are details of some of the foreign fashion companies’ business in China: Inditex The Spanish company’s annual report said it has 337 stores in mainland China - 141 from its flagship Zara brand, which opened its biggest store in Asia in Beijing’s Wangfujing neighbourhood last October. The company does not report sales by country. It sources from 477 suppliers managing 2,318 factories in China, its website said. The compan
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