Italian fashion house Armani will stay independent, its founder and designer Giorgio Armani in an interview published Friday on business website Milano Finanza. "I have always believed that economic independence was the fundamental principle to work in full freedom," said Armani. The 84-year-old giant […]

Polyester is one of the most challenging fabrics to print on, but Japanese electronics company Epson is launching a direct-to-garment printer for companies working with 100 percent polyester apparel, such as activewear and faux leather. “To date, the direct-to-garment industry has been limited to printing […]

Nine West Holdings Inc, which recently got rid of its footwear brands to focus on jewelry and accessories, has filed an amended Chapter 11 bankruptcy plan of reorganization, which will reduce its pre-bankruptcy debt obligations by over 1 billion US dollars. “Following the successful sale of our Nine […]

Nordstrom is looking for 24,000 seasonal employees for its stores, call centers, distribution and fulfillment centers across the United States and Canada. To find the right candidates, the fashion retailer is hosting a company-wide hiring day in all of its stores today. “The holiday season is one of […]

Hema is coming home. After eleven years under British investment company Lion Capital, the discount retail chain has been acquired by Dutch firm Ramphastos Investments for an undisclosed amount. With stores in nine countries, Hema’s plans for the future include expanding its international presence. […]

London - Chinese denim producer Prosperity Textile has partnered with Italian weaving machinery supplier Itema to cut down on waste in its production line. Prosperity Textile will now be using Itema’s iSAVERTM technology in its new factory in Vietnam, which is able to completely eliminate the left-hand […]

Compagnie Financière Richemont, which owns 17 luxury brands including Montblanc, Cartier and Chloé, has signed a partnership with Lafayette Plug and Play, the accelerator program for retail and fashion startups developed by Galeries Lafayette Group. “We are very pleased to welcome Richemont as one of […]

Two Swedish giants are growing closer: Interogo Holding AC, an investment company linked to Ikea, has bought a 190 million US dollar stake in Hennes & Mauritz (H&M), according to news agency Bloomberg. Interogo didn’t previously own any shares in the fast fashion company. The acquisition of the 0.6 […]




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