Published on Monday, 19 August 2013
Losses mount at Edun Apparel
Written by John Mowbray
DUBLIN – The huge challenge of making ethical fashion viable in the wake of relentless competition from low priced, fast fashion brands has been brought into sharp focus with news that ethical clothing brand Edun Apparel’s latest accounts show the business made a US$7.88 million loss in the 12 months to December 2012. This brings accumulated losses at the fashion retailer to a total of US$54.5 million.