At the beginning of the year, international brands were urged to join the new Transition Accord 2018, the successor of the Accord on Fire and Building Safety in Bangladesh, which has run out after its five-year duration in May of this year. The new Accord was to guarantee a smooth transition. However, […]

Amazon has earned the ire of Europe and Germany. The company is currently Germany's largest retailer and an online host for smaller stores, and can now add target for an anti-trust probe to their list of German accomplishments thanks to the terms the company sets for other sellers. Germany is Amazon's […]

When it comes to gender equality on the board of directors, luxury conglomerate Kering is setting an example. Non-profit organizations European Women on Boards and Ethics & Boards ranked Europe’s 200 largest public companies according to the percentage of women on the board, the presence of a woman […]

2019 will be a bumpy ride for most fashion players, according to management consultancy firm McKinsey & Company and online publication Business of Fashion in their new joint report The State of Fashion 2019, on which they lay out the main trends and developments to be expected in the year ahead. “The […]

Do not mess with Italy's tax authorities. Sometimes fashion brands are reminded of this the hard way. Business of Fashion has reported that Milan's prosecutors have wrapped up their probe into alleged tax evasion of around 1 billion euros by Gucci setting the stage for a formal request for trial. In […]

Hennes and Mauritz Inc (H&M) is set to roll out new benefits for its American part time employees in 2019. The changes include: six weeks of paid parental leave, a weekly schedule commitment with options ranging up to 12 minimum hours guaranteed from March through December, and a new scheduling mobile […]

American casual brand Juicy Couture, trendy in the 1990s and early 2000s, has signed a licensing deal with Platinum 3 Fashion GMBH Dusseldorf, the German subsidiary of Dubai-based Platinum 3, as part of its worldwide relaunch strategy. The duo is working on a Fall/Winter collection for 2019, which will […]

H&M is undoubtedly one of the most successful fashion companies of our time. But as consumers question the social and environmental impacts of the fast fashion model and online players such as Asos and Boohoo offer fierce competition, the last decade has seen the Swedish apparel giant looking to rely […]

The H&M Group has decided to shut down discount retailer Cheap Monday, 10 years after acquiring it from Swedish apparel company Fabric Scandinavien AB. “There has been a negative trend in the Cheap Monday’s sales and profits for a long time”, said the fast fashion giant in a statement. The company aims […]

Luxury conglomerate Kering has announced it will fully internalize its e-commerce websites by the first half of 2020, putting an end to a seven-year joint venture with Yoox Net-a-Porter (YNAP), which was purchased by one of Kering’s main competitors, Richemont, in May. “Coordinated efforts and shared […]




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