Fashion retailers to tackle sustainability challenge at key conference

Shrinking market: Mannequins in evening dresses at a fashion store in Barcelona, Spain. Global fashion retailers are facing the challenge of inflation causing consumers in Europe and elsewhere to reduce spending. — Bloomberg

BARCELONA: Global fashion retailers gathering in Barcelona this week will discuss how they respond to pressure from regulators and consumers to move to more sustainable models while reversing declining sales in Europe.

Executives from companies including Chinese fast-fashion retailer Shein, Spain’s Mango and Ireland’s Primark are among those attending the World Retail Congress, one of the industry’s biggest annual conferences.