Oeko-Tex, the international independent textile testing institute, has reviewed their product requirements and published new regulations for 2018 on Tuesday. The changes will affect Detox to Zero, the Eco Passport, the STeP limit value tables, Made in Green, Standard 100 and the Leather Standard and […]

Amazon Prime shipped over five billion items worldwide in 2017 in addition to adding a record breaking number of new members, according to Business of Fashion. This marked the first time that Amazon has discussed their Prime shipment numbers, and they declined to reveal comparable 2016 numbers. During […]

European apparel retail group Takko Fashion just announced its revenue for this third quarter. From August to October 2017, the company's revenue has proven that the company is headed for a steady increase in the future. The company currently operates over 1,850 stores internationally. Net revenue for […]

StitchFix, the online styling service, has published its first earnings report, and while revenues exceeded estimates of 295 million dollars, coming in at 296 million dollars, shares still declined 10 percent on Tuesday. Gross margins were hampered by investment into new categories, falling nearly three […]

My Size, Inc., developer of proprietary, smartphone measurement applications, has announced that it has priced a public offering of 3,832,500 shares of its common stock to the public at 65 cents per share. In addition, the investors will receive five-year warrants to purchase an aggregate of 2,874,375 […]

Frank And Oak, the omni-channel men's and women's apparel brand, has selected Centric Software to provide its Product Lifecycle Management (PLM) solution. Centric Software provides enterprise solutions to fashion, retail, footwear, outdoor, luxury and consumer goods companies to achieve strategic and […]

Famed Italian hatmaker Borsalino, the company behind Humphrey Bogart's fedora in "Casablanca" and Harrison Ford's lucky headgear in the "Indiana Jones" movies, was declared bankrupt on Monday, a trade union said. A court in Alessandria in northern Italy threw out a rescue plan for the legendary company […]

Italy is becoming notorious for making sure retail companies don't skip out on even so much as a dime in taxes. Today, the country's tax authority has announced that Amazon has agreed to pay 100 million euros to resolve a tax dispute regarding outstanding claims from the 2011 to 2015 period. According […]

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