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Business

“Status of German Fashion 2024”: Between tradition and digitalisation

The Fashion Council Germany (FCG) and eBay Germany recently published the study “Status of German Fashion 2024”, which, in conjunction with the research institute Oxford Economics, examined the economic significance of the German fashion industry (clothing, footwear, accessories, bags and jewellery). The study also looked at the key challenges...

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Management

Brandnation becomes employee-owned

Marketing and communications agency Brandnation has become employee-owned after founder and managing director Mary Killingworth sold her majority stake in the company to an Employee Ownership Trust (EOT). Following the acquisition, the recently formed EOT will acquire a 75 percent majority stake in the business. Killingworth and minority...

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Business|Opinion

Is ‘Black Friday’ still relevant?

Black Friday has finally arrived, but I’ve already had enough. Since last week, I've been inundated with newsletters full of offers, and while clearing out my inbox, I've wondered whether in a time of climate crisis, with the EU aiming for a circular economy by 2050 and enacting new laws to further enforce sustainability, a bargain fest that...

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Business

Uniqlo boss says brand does not use Xinjiang cotton

Fast Retailing’s chief executive, Tadashi Yanai, has claimed that the company’s core brand, Uniqlo, does not use cotton sourced from China’s Xinjiang region in its products. Yanai addressed the concern to the BBC, to which he confirmed that the company was not utilising cotton from this district, before stating: “It gets too political if I say...

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