Yahoo on Tuesday said it is cutting 15 percent of its workforce and narrowing its focus as it explores "strategic alternatives" for the future of the faded Internet star. The announcement, coming with the release of a big quarterly loss, offered the first sign that Yahoo may be open to a sale or merger […]

The White Company almost doubled its profits last year, despite an expensive overhaul of its distribution centre. Sales at the retail chain, which sells homeware and clothing increased by 14 percent to 163.6 million pounds in the year to last March. The takings were boosted by the opening of new stores […]

Eighty-five percent of Bangladesh's workforce in garment factories is female. Yet, few are supervisors or know about their rights as workers and women. In addition, there is a lack of women in leadership positions at trade unions, making it even more difficult for women to bargain for their rights at […]

Industry insiders expect that Myanmar's apparel exports could more than double to 4 billion US dollars by 2020 due to government policies furthering foreign direct investment (FDI), easing or elimination of economic sanctions by other countries and low labour costs. Already, the country is seeing business […]

Joe’s Jeans, which recently disclosed they will transition into a new company, has made the merger complete. In early December, the company stated it would become a new entity entitled Differential Brands Group Inc. which includes the merger of Hudson Jeans and Robert Graham. The new merged group will […]

Swiss watch exports slumped in 2015, marking their first fall in six years, an industry body said Tuesday, as the key Hong Kong market tanked. After several years of record growth, exports last year fell by 3.3 percent to 21.5 billion francs (21.2 billion US dollars, 19.5 billion euros), the Federation […]

Sir Paul Smith has shared in a 3.1 million pound dividend despite a fall in sales and profits at his eponymous fashion empire. The 69-year-old clothing pioneer split the payout with his Japanese licensee, Itochu. Itochu owns 40 percent of Paul Smith, although a source at the company said the dividend […]

China's Internet users -- already by far the world's most numerous -- rose to nearly 700 million last year, authorities said Friday, more than twice the population of the United States. Beijing imposes strict controls on online content, while e-commerce is a vital part of its efforts to transform the […]

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