Luxury conglomerate Kering has announced that its family of brands are banding together to donate a total of 1 million Australian dollars as an immediate contribution to “support the efforts of the Australian people to fight the wildfires”. The donation from Gucci, Saint Laurent, Bottega Veneta, Balenciaga, […]

PVH Corp., one of the world’s largest apparel companies and owner of brands, including Calvin Klein, Tommy Hilfiger and Van Heusen, has donated 100,000 Australian dollars to the Australian Red Cross Disaster and Recovery Fund. Australia has been under siege from bushfires since September, with the blazes […]

As nichification defines smaller communities and fashion tropes, there is one market segment that has remained largely forgotten by the fashion industry: the over 50s. New research has revealed this group has the financial prowess to be seen, heard and dressed well, as older people will spend 2.9 billion […]

INTERVIEW German start-up Retraced uses blockchain technology to collect data in the value chain of fashion brands and thus contributes to transparency in the supply chain: End customers can trace the extent to which their consumer behaviour influences the environment and the lives of the people involved […]

Leading sustainability initiative WRAP (Waste and Resources Action Programme) started its four-year pan-European progamme, the European Clothing Action Plan (ECAP), in September 2015. Its aim was to reduce the carbon, water and waste footprints left behind by the apparel industry throughout the European […]

At the beginning of the year, quite a few sustainability initiatives were announced. From brands, retailers to manufacturers, everyone wants to be in on circularity, recycling and in general, running one’s business more responsibly. It is heartening to see sportswear brands taking the lead and presenting […]

Toms Shoes has transferred ownership of the company to its creditors to restructure its debt. Reuters first reported the news following a letter sent by the company to its employees at the end of December. Previously, Toms was owned by brand founder Blake Mycoskie and private equity firm Bain Capital. […]

In September 2019 Amazon disclosed its carbon footprint for the very first time. The online retail behemoth unsurprisingly contributed more greenhouse gas emissions than some big competitors in retail, logistics and technology, but released a statement in the by now familiar corporate format that it […]

Bloomberg has reported that Reliance Industries Ltd. has begun testing its new online shopping platform JioMart in a bid to compete with Amazon. Reliance Industries Ltd. is owned by Indian billionaire Mukesh Ambani. JioMart will start off being open to select customers who pre-register and will offer […]

Hudson's Bay Co. chairman Richard Baker and his partners have approached the company's minority shareholders about raising the offer to take the company private. Baker has suggested the idea of raising the offer to 11 dollars a share up from 10 dollars and 30 cents a share. Collectively, Baker and his […]

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