Page 25 - ARUBA TODAY

BUSINESS Tuesday 18 July 2017
A25

Retailers, brands see green for back-to-school shopping

By ANNE D’INNOCENZIO cling. At Nike, 71 percent
AP Retail Writer of its footwear and cloth-
NEW YORK (AP) — For the ing contains recycled ma-
back-to-school season, terials, and it says more
many parents and their than 31 million pairs of used
kids are thinking green. shoes and 36,000 tons of
Concerns about the envi- rubber and foam have
ronment have them look- been reborn into high-per-
ing for secondhand cloth- formance products since
ing or fashions made from 2010.
reused material — but H&M, which is offering
price still rules. Shoppers jeans this fall made from
want quality and style in recycled fabric, says more
backpacks, jeans and the than 26 percent of its cloth-
like without spending a lot ing comes from sustainable
more money. sources like organic cot-
Retailers like H&M, Target ton or recycled materials
and J.C. Penney are com- like leather and denim. By
ing out with more clothes 2030, the goal is for all its
that use waste from all products to be eco-friend-
sorts of sources, like re- ly, the company said.
cycled denim or leather, Deborah Weinswig, man-
nylon waste, remnants aging director at research
of old garments, or even This photo shows Cat & Jack jeans and tops, made with Repreve polyester fabric created from firm Fung Global Retail &
plastic bottles.J.C. Penney recycled plastic bottles, on display at a Target store, in New York. A growing number of major Technology, says she ex-
retailers such as fast-fashion chain H&M, Target Corp. and J.C. Penney are coming out with fashions
is delivering three styles of that use waste from all types of trash including plastic bottles. But price still rules for shoppers. pects to see more major
jeans this fall made from names introduce more sus-
20 percent polyester cre- founder of the online used to be done in a fun, cool thermos to school. She says tainable products. Howev-
ated from bottles under its clothing marketplace Th- way.” she would be interested in er, she says the trend must
Arizona brand, after seeing redup, says he’s finding that Abramson, of Sandwich, recycled clothing. be kept in context.
what it believes to be teen many of the site’s shoppers Massachusetts, buys eco- “If it looks the same, and it is “Back-to-school shopping
customers searching for aren’t motivated just by friendly cleaning products better for the environment, remains driven, in large
“recycled jeans” on its site, price the way they used to and recycles plastic bot- I would want to buy it,” said part, by frugality,” she says.
the company said. be, but also because of en- tles. Her daughter Emma Emma, who likes to shop “So, retailers must con-
Target started offering fash- vironmental concerns. says she likes to help the at Macy’s, Justice and Old tinue to offer low prices
ions made of polyester cre- “If I was deciding be- environment by recycling, Navy. alongside more sustainable
ated from recycled plas- tween two items, I would not littering, and bringing a Many retailers are recy- product.” q
tic bottles with last year’s pick up something more
launch of its children’s eco-friendly,” said Ellen
brand Cat & Jack after fo- Abramson, the mother of
cus groups of parents and an 11-year-old girl and
children expressed interest 16-year-old twin boys.
in eco-friendly products. “But the price has to be
James Reinhart, CEO and comparable, and it has

FedEx still working on recovery
from cyberattack at its TNT unit

MEMPHIS, Tenn. (AP) — Fe- tack spread a virus through
dEx Corp. says it is still work- a Ukrainian tax-software
ing to recover from a cy- product that was used by
berattack that hit its Euro- TNT. FedEx said that all TNT
pean TNT Express unit, and facilities were running but
the incident could have many tasks were being
a material impact on its fi- performed manually and
nancial results. customers were experienc-
Shares of FedEx fell 3.4 per- ing delays.
cent Monday morning but Memphis-based FedEx,
recovered about half by which first reported the at-
the close of trading. tack on June 28, said sys-
FedEx said in a regulatory tems in the rest of its busi-
filing that the June 27 at- nesses were not affected.
tack was causing lost rev- The company said it did
enue and higher costs for not have insurance to cov-
Netherlands-based TNT, er the attack.
which FedEx bought for Shares of FedEx closed
$4.8 billion last year. Monday down $3.58, or 1.6
The so-called Petya at- percent, to $215.48. q