Walmart has edged closer to a 1.5 million dollar deal with Flipkart, India's leading e-commerce company, for 12 billion dollars. Business of Fashion has reported that the deal could be finalized within two weeks. Flipkart's major investors are all on board to sell to Walmart after debate over whether […]

Leading Chinese firms including e-commerce giant Alibaba were heavily criticised Monday for gender discrimination in job adverts in a new report which said the landscape for the female workforce in China was deteriorating. The report by campaign group Human Rights Watch, entitled "Only Men Need Apply: […]

In the past, western economies viewed China primarily as a country of production. The fashion industry, in particular, has exported the majority of its manufacturing to China,because of its relaxed environmental and social standards, and low wages. Over the years however, China has evolved from Asia’s […]

London - French fashion brand Zadig & Voltaire is seeking out a new minority investor to oversee its future growth, as it aims to double its sales. Thierry Gillier, the founder and chairman of the contemporary fashion label, revealed he and the brand's current 30 percent shareholder TA Associates have […]

Luxury retail leaders Sébastien Badault, International Director of the Luxury and Fashion line of Alibaba, Adam Pritzker Founder of Assembled Brands, and Frédéric de Narp, CEO of Bally discussed the future of luxury industry at the World Retail Congress this week. All three of the leaders agreed that […]

London - Gucci has unveiled it's latest initiative - Gucci ArtLab, a futuristic hub of industrial craftsmanship and experimental laboratory for leather goods and footwear products. Located near the historical headquarters of the company in Casellina, and active since the beginning of the year, spanning […]

London - Luxury online retailer Farfetch is launching a new technology start-up accelerator, entitled 'Dream Assembly'. The online platform has already enlisted heritage fashion house Burberry and global venture capital form 500 Startups as its first partner organizations. Dream Assembly is set to offer […]

“'The heart of the retail sector is not just changing, but sometimes the fundamentals no longer apply", said Ian McGarrigle, Chairman of the World Retail Congress on the level of change in today's retail market at the World Retail Congress which took place from April 17 to 19. He highlighted events […]

The Cortefiel Group announces the change of its visual identity to Tendam, as part of the strategic plan initiated almost 24 months ago. Its new identity was presented today during the World Retail Congress which is currently taking place this week in Madrid. Formerly known as Grupo Cortefiel, a leading […]

London - Although it has been nearly five years since the most deadly accident in the history of garment manufacturing took place - Rana Plaza - the need for brands and trade unions to take on the responsibility to improve the lives of millions of workers remains. A new report from the NYU Stren Centre […]