Boost for Cambodian workers as top fashion brands back contract ruling
The companies behind the three global fashion brands said they stood by an arbitration council’s ruling that a factory supplying them must give permanent contracts to 408 workers…
Chinese firms snap up chunk of French fashion industry
In the deal for Sandro and Maje’s parent company SMCP, the founder of the “accessible luxury” labels, sisters Evelyne Chetrite and Judith Milgrom, will remain minority shareholders if…
EU unveils ‘sustainable’ fashion push
“It’s time to end the model of ‘take, make, break, and throw away’ that is so harmful to our planet, our health and our economy,” EU Commission Vice…
Deutsche Post sells regional logistics unit to China’s S.F. Holding
The German former postal monopolist said in a statement that it would receive an upfront payment of around 700 million euros ($796 million) as part of the partnership.Deutsche…
Firms heed call to go on war footing to help fight coronavirus
Nearly 220,000 cases have now been recorded in 157 countries and territories, with more than 9,000 deaths. On Wednesday, the death toll in Europe exceeded the toll in…
Kurt Geiger sales surge, bags and US growth are key; new academy unveiled
The company, which also owns Carvela and operates department store shoe concessions, said it would inject over £1 million into its foundation to establish ‘Business By Design’. This…
OECD highlights alarming rise in counterfeit goods trade
In the EU alone, the incidence of counterfeit and pirated products was even higher, and was estimated at 6.8% of imports in 2016, compared to 5% in 2013,…
Target to invest $5mn in ‘green chemistry’ innovation
“Our chemical strategy will be one of the most comprehensive in the US retail industry, including all Target-owned and national brand products and operations, not just formulated products,”…
Spanish luxury packaging specialist Salinas buys Arteos
The operation, whose value has not been disclosed, was finalised on January 31. Arteos is based in Torrejón de Ardoz, near Madrid, and its acquisition will bring to…