Adidas launches Reebok auction, China row may dent Asian interest
Adidas bought the U.S. fitness label for $3.8 billion in 2006 to help compete with arch-rival Nike, but its sluggish performance led to repeated calls from investors to…
Global garment workers exploited as big brands pressure suppliers
More than half the suppliers surveyed were affected by cost negotiation strategies that cut into their profits, according to the report by Better Buying, a Delaware-based group that…
L’Occitane Group achieves B Corporation certification
B Corp measures and verifies a company’s entire social and environmental performance, transparency and accountability. With certification, the group joins a global community of over 6,900 companies that…
Hera launches Rewear platform
Called Hera Rewear, it said the aim is to “extend the useful life of clothing, reduce clothing waste and encourage the reuse of products instead of discarding them,…
Lyst summer trends report calls out romantic and Eastern-inspired looks
The Jetleisure: 7 Holiday Destinations Influencing Our Summer Style report draws on search volume around trending keywords, and demand for fashion items by five million shoppers.And it said…
Millions of Bangladesh garment workers still face unsafe conditions
Thousands of factories have been undergoing inspections and dozens shuttered over safety concerns.But at many functioning factories, employees fall outside the purview of those improvements, New York University’s…
Rag & Bone wants to recycle your denim this fall
The New York brand will be offering customers a 20% discount on full-price jeans for every pair of old denims donated for reuse from this Tuesday in its…
Is Zara the new face of luxury- If the $699 camel coat fits
But as designer labels pushed up prices and the premium fashion sector got squeezed by the pandemic, mainstream stores have rushed in to fill the middle-tier void — and Zara’s leading the…
U.S. House panel calls on Amazon’s Bezos to testify on third-party sellers
In a letter to Bezos signed by Democratic and Republican members of the panel, the lawmakers referred to an April 23 Wall Street Journal story about Amazon, saying,…
The Netherlands is the fastest growing m-commerce market in Europe
In 2023, m-commerce will surpass desktop sales, with the Netherlands being a leading country, the Global Payments 2018 report by payment processing company Worldpay says.According to Worldpay, the…