Supported by a five-million-dollar grant from the Ralph Lauren Corporate Foundation, the fund is intended to support long-term, sustainable cotton production in the United States.
The menswear label owned by Kering has confirmed the dismissal of 320 employees linked to the closing down of its Italian shirt and knitwear factories. Unions say the loss of this expertise will impoverish Brioni.
A pair of sneakers worn by NBA superstar Michael Jordan early in his career sold for nearly $1.5 million on Sunday, setting a record price at auction for game-worn footwear, Sotheby's said.
Britain will announce a rise in its minimum wage for those aged 23 and over to 9.50 pounds ($13.06) per hour from 8.91 pounds in the government's budget statement on Wednesday, the finance ministry said on Monday.
It’s no surprise that another UK consumer confidence indicator (released Monday) was negative and the outlook for Christmas spending's weak as prices rise. But at least it wasn't as bleak as Friday's assessment by GfK.
The United States has resolved a key point of trade friction with Europe after inking a deal to end controversial digital services taxes on American tech giants.
A global trade union for the services sector on Friday urged European authorities to widen their antitrust investigation of Amazon.
A Singapore arbitration panel has rejected Future Retail's plea to quash an order from last year that put its $3.4 billion deal with Reliance on hold, in a boost for its partner Amazon.
Newbie’s parent Kappahl has joined the growing number of fashion brands releasing its own climate strategy to “transition to a sustainable business model”. This will cover the entire value chain and operations.
Trade show Moda is billing itself as “the Fashion destination within the UK’s largest and most definitive wholesale marketplace for the B2B home and gift retail industry”, running at the NEC Birmingham in February.
It was all looking so much better in July. UK consumer confidence has since taken a battering with the financial pulse of the nation dropping for third month in a row in October, according to GfK’s latest figures.
After releasing its Q3 results, the boss of consumer products giant Unilever has issued a warning that suggests beauty and personal care prices are set to rise.
Better links between online and offline touchpoints. That’s what fashion consumers want to help them access product information, shop more conveniently and receive personalised offers, according to Avery Dennison.
The Q3 Lyst index has been released with Balenciaga the hottest brand, followed by Gucci in second place and Dior snapping at their heels at number three.
Despite frequent accusations that some companies’ eco efforts come perilously close to ‘greenwashing’, they’ve received a vote of confidence from UK-based campaign group WRAP.
