Brazilian shoemaker Dass Nordeste on Monday announced plans to raise around 1 billion reais ($300 million) in an initial public offering, joining a handful of companies trying to bring back last year’s momentum.
Petra Diamonds said on Tuesday that it has finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements for this year.
The Dubai-based cryptocurrency firm on Tuesday said Alibaba Group Holding Ltd cannot monopolise the "magical" Alibaba name, and asked a U.S. judge to dismiss the Chinese e-commerce retailer's trademark lawsuit.
Luxury brands are waking up to the importance of e-tail and omnichannel and are increasingly keen to take control of their online experiences.
Clothing down. Footwear down. Health and beauty down. That was the picture of UK retail last month as ongoing bad weather meant interest in sarongs, sandals, sun cream and spring/summer fashion generally was at a low.
Known for its export potential, the Portuguese textile industry is currently seeking to balance its historical manufacturing models and raw materials with a young, sustainable fashion scene and its commercial ambitions.
An increasing number of manufacturers and retailers are focusing on combining fashion and homewares to meet the growing customer demand for a holistic, trend-oriented lifestyle.
A court has ruled against Van Laack GmbH: the company is facing claims for more than 5 million euros from its former partner in Australia.
Former BHS owner Dominic Chappell has announced plans to contest the Insolvency Service findings on the demise of the department store and sue British tycoon Philip Green.
Debswana, a joint venture between the Botswana government and De Beers, plans to expand its Jwaneng Mine extending its lifespan by eleven years to extract a further 50 million carats.
Levi Strauss & Co on Friday sued the French luxury house Kenzo, accusing the unit of LVMH of trademark infringement for putting tabs on its pants pockets, including in a new clothing line featuring singer Britney Spears.
Selfridges is continuing its drive to minimise eco-damaging waste with its latest initiative being to remove all single-use plastic bottles of carbonated drinks from its stores.
The FDNY Foundation has released an official statement refuting claims made in a PETA release which stated that the organization felt remorse over its recent The Bravest Coat collaboration with Canada Goose.
The house of Hermès has opened a major new manufacturing plant in Franche-Comté, the eastern French region bordering Switzerland. Named the Manufacture of Allan, it will employ 260 leather goods artisans.
Fashion sales suffered more than other sectors in the UK during March as snow dented consumers' enthusiasm for spring collections and also meant they held back from online spending over fears that orders wouldn't arrive.