The European textile industry has until December 2020 to comply to a new EU regulation restricting the use of 33 chemicals which are classified as carcinogenic, mutagenic or toxic for reproduction, including benzene, formaldehyde and heavy metals. These substances are either used to confer certain properties […]

Sears Holdings is dropping their dead weight. Bloomberg has reported that the retailer has hired real estate firm John Lang LaSalle to shop around about 500 of its U.S. stores. The good news is that they are already attracting strong interest from other retailers and mall owners. There is the possibility […]

The H&M Group and Inditex are two of the world's biggest fast fashon giants. Who's growing more? In an effort to keep its market position, the Swedish chain has been updating its logistics systems to improve on lead time. However, the changes so far have only lead to a huge increase of costs of up to […]

Online platform Amazon will soon stop supplying Switzerland via its website The reason is a change in value-added tax law, which will come into force in January. With the new legislation, the Swiss government aims to put domestic and foreign mail order companies on an equal footing. Until […]

H&M has gathered the textile and fashion industry together at the Fair Living Wage Summit 2018 in Phnom Penh, Cambodia, to discuss how to achieve fair living wages in fashion’s global production markets. The event, which takes place today, December 11, coincides with the Swedish fashion group’s self-imposed […]

Karl Lagerfeld isn't the only person in the business who has a fashion contract for life. Stan Smith has signed a lucrative deal with Adidas for life. The tennis champion, who first partnered with the brand in 1973 to promote a white leather tennis shoe with a green heel tab and three perforated stripes, […]

Marquee Brands has added a new brand to its portfolio. The company, which owns the labels BCBGMaxAzria, Ben Sherman, BCBGeneration, Bruno Magli and Body Glove, has announced the acquisition of outdoor lifestyle brand Dakine and all related intellectual property. Investment management firm Neuberger […]

After moving sharply higher early in the session, shares of Nike, Inc. (NKE) have given back some ground but remain firmly positive in afternoon trading on Monday. Nike is currently up by 4.1 percent after reaching its best intraday level in nearly two months. The early rally by Nike came after the […]




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