Latest Articles in Business

Better Cotton Council welcomes new appointments

Better Cotton, the world’s largest cotton sustainability initiative, has announced the appointment of two new co-chairs and five new members to its Council. • Better Cotton Council welcomes new co-chairs from international not-for-profit Solidaridad and US cotton trader Louis Dreyfus Company. • Representatives from Marks & Spencer, J.Crew Group,...

BusinessPress Release

Sapphire Mills x Green Story: Measuring environment impact across Sapphire’s product line

Sapphire Mills to leverage Life Cycle Assessments (LCAs) and Digital Product Passports for enhanced transparency. In line with its commitment to sustainable business practices, Sapphire Mills has partnered with Green Story, an environmental footprint intelligence platform, to conduct comprehensive Life Cycle Assessments (LCAs) at scale across...

BusinessPress Release

Bluestar Alliance press statement regarding Scotch & Soda

Scotch & Soda, the Amsterdam-based fashion brand managed by Bluestar Alliance, announces retail store reorganization and retail partnership focus, following the insolvency of S & S Europe B.V., a Scotch & Soda 3rd Party Retail Licensee in EU. The Scotch & Soda brand was purchased by an entity formed by Bluestar Alliance in April 2023. Until now,...

BusinessPress Release

Styleit accelerator: closing of the 2024 scouting phase of the accelerator dedicated to FashionTech & LuxuryTech startups

The 2024 scouting phase of Styleit has come to an end. Styleit is the accelerator program dedicated to startups developing B2B solutions or services for the FashionTech & LuxuryTech market. It is part of the CDP Venture Capital National Accelerator Network, a network present throughout the country to support the growth of new companies...

BusinessPress Release

Delta Galil Q1 income soars 300%

Delta Galil Industries, a leading global manufacturer and marketer of branded and private label apparel, announced stellar first-quarter results for 2024, showcasing impressive growth and profitability. The company's strong performance highlights the resilience of its brands, the success of its strategic initiatives, and the robust demand for...

BusinessPress Release

Navan AI launches niia.ai, a generative AI-driven platform for the fashion & e-commerce industry

Navan AI, a generative AI and computer vision solutions company headquartered in Singapore, is pleased to announce the commercial launch of its FashionTech platform niia.ai after a successful months-long trial run with a selection of fashion brands in Singapore and India. Using the power of generative AI, niia.ai delivers significant time and...

BusinessPress Release

Kontoor Brands marks milestone 5th anniversary

Kontoor Brands, known for its denim brands Wrangler and Lee, commemorated their 5th birthday on the 23rd of May. Over the past five years, Kontoor has established itself as a significant player in the global apparel industry, focusing on the design, manufacture, and distribution of high-quality products. About Kontoor Brands Kontoor Brands is a...

BusinessPress Release

Temu responds to BEUC complaint

Temu is a newcomer to Europe, having entered our first markets just over a year ago. During this time, we have listened carefully to feedback from customers, regulatory bodies, and consumer advocacy groups. We have been actively adjusting our service to align with local practices and preferences, and we are committed to full compliance with the...

BusinessPress Release

SHEIN’s Commitment to Sustainability and Fair Practices: A Response to Recent Media Reports

On May 13, the Swiss NGO Public Eye published a report about the working conditions at the factories of some of SHEIN’s third-party suppliers. While we do not recognise many of the allegations in this report, the discussion on working hours and wages raised by Public Eye is important to us, and we have made significant progress on enhancing...

BusinessPress Release

On track for a bright future: Career paths at RAILS

Founded in Los Angeles in 2008 with a single black hat, RAILS has grown into a leading global lifestyle brand. With more than 1,500 retailers in 50 countries, including prominent names such as Harrods and Saks Fifth Avenue, RAILS has generated over 350 million US dollars in retail sales. This meteoric rise isn't just about fashion; it's about a...

BusinessPress Release

Inside Swarovski: Careers as brilliant as crystals

“Crystals are the essence of light, captured and reflected.” This poetic notion encapsulates the spirit of Swarovski, founded in Austria in 1895. As the world's premier crystal manufacturer, the company is celebrated for its high-quality crystals, gemstones, and exquisite jewellery and accessories. Operating globally with a presence in 170...

BusinessPress Release

Lectra unveils the new version of its collection management software, Kubix Link PLM, to the fashion industry

With the Kubix Link 3.4 platform and the new Kubix Forms offer, brands will be able to optimize their operational efficiency Lectra, a major Industry 4.0 player in the fashion, automotive and furniture markets, announces a major development of its SaaS platform dedicated to product data management for the fashion sector: Kubix Link 3.4 This new...