After going carbon neutral in September, Gucci is daring other companies to do the same. CEO Marco Bizzarri published an open letter to CEOs yesterday, asking them to take urgent steps to reduce their greenhouse gas emissions, instead of solely focusing on goals for over the next decades. “Given the […]

E-commerce giant Amazon has publicly disclosed the names and addresses of over 1,000 facilities which produce Amazon-branded products, following requests from organizations campaigning for more transparency in the e-commerce and fashion industries. The list of suppliers is available at sustainability.aboutamazon.com. […]

The fashion labour force is challenged on many fronts; innovation, technical intelligence and practical skills are needed more than ever, and yet, businesses of all sizes are facing a shortage of skills that is reaching critical levels. In a fast-paced industry such as fashion, and with technological […]

Rally, a digital platform designed for individuals to invest directly in rare collector items such as cars, books, drawings, and more, has expanded its offerings to luxury handbags. As the brand launches this new category, Rally will be listing an Hermès Bleu Saphir Lézard Birken Bag—which has been […]

German luxury fashion house MCM has licensed Inter Parfums, Inc. to create, develop and distribute fragrances under its label for the next ten, possibly 14 years. The two parties have announced a ten-year licensing agreement, which includes a four-year automatic renewal option, that could potentially […]

Handbag Clinic, the luxury bag restoration and resale business, is seeking 2 million pound investment, after embarking on its second capital-raising campaign to help support its global expansion plan. The handbag restorer is hoping to raise more funds to expand in core business areas - brand building, […]

Coty and Kylie Jenner today announced a long-term strategic partnership that involves Coty becoming a majority stakeholder in Jenner's beauty business. One of the world's largest beauty companies with a global portfolio, Coty will acquire 51 percent of the Jenner partnership for 600 million dollars. […]

The Estée Lauder Companies, Inc. is expanding its empire. The leading beauty manufacturer and marketer, whose portfolio already includes a number of name-brand skincare, makeup, fragrance and hair care brands, has announced the acquisition of Have & Be Co. Ltd. The deal is expected to close next month. […]

Lifestyle fitness and apparel company Hylete, Inc. today announced that it has postponed its previously announced initial public offering. Hylete will continue to evaluate the timing for the proposed offering as market conditions develop. "We have decided to postpone the IPO for now," said Ron Wilson, […]

ANALYSISNew York – Self-defined as a ‘technology company’, Chinese e-commerce giant Alibaba Group is planning to take the Hong Kong’s stock exchange by storm. Alibaba’s choice hasn’t left anyone indifferent given the current turmoil hitting the Asian economic centre. Last week, the Chinese e-commerce […]

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