KIK news and archive

Kik commits to Pakistan Accord

In view of fires and industrial accidents in Pakistan's garment and textile factories, calls for a Pakistan Accord are growing louder. This would be an extension of the International Accord on Health and Safety in the Textile and Garment Industry, which Pakistani garment trade unions have been calling for since 2018. It is based on the...

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Business |CRS INTERVIEW Featured

Is the discount retail model sustainable and ethical?

German textiles discounter KiK operates almost 3,700 stores in Europe and generates two billion euros in sales annually. Among the 20,000 articles in its range are the often-criticised 1-euro-t-shirts. Most of the production takes place in Bangladesh. Are a discount model, sustainability and fair production per se mutually exclusive?...

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Business

German textiles discounter KiK publishes sustainability roadmap 2020-2022

German textiles discounter KiK, a member of the Partnership for Sustainable Textiles since 2015, has published its Roadmap for 2020 to 2022 a few days ago; a progress report including action plans for a sustainable textile supply chain, which all members must submit annually. This year, due to the changed situation caused by the Corona crisis,...

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Business

Trumps' tariffs hault expansion plans of German textiles discounter Kik

German affordable textiles chain, Kik, has halted its plans to enter the United States due to the threat of higher tariffs. Instead of taking the tariff risk, the company wants to focus on expansion in Europe. Kik aimed to conquer the U.S. by opening its first ten stores in the Midwest during 2019. The U.S. market offers unlimited growth...

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Business

German textiles discounter Kik stops U.S. expansion plans due to Trump

German affordable textiles chain, Kik, has halted its plans to enter the United States due to the threat of higher tariffs. Instead of taking the tariff risk, the company wants to focus on expansion in Europe. Kik aimed to conquer the U.S. by opening its first ten stores in the Midwest during 2019. The U.S. market offers unlimited growth...

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