Balenciaga to set up its first leather goods factory in Italy
“The new factory is intended to support the fashion house’s expansion plans,”said the brand in a statement, sharing that it will continue to rely on its current…
40k+ UK retail jobs lost since 2010 says union
The figures were released as the last Wilko stores closed their doors for the final time, costing 12,500 workers their jobs after the chain collapsed. GMB on Monday…
Former Tesco executives encouraged profit overstatement, misled stock market, court told
With a motive to support the share price of Britain’s biggest retailer, secure huge compensation packages and retain their jobs, the two executives “pressurised or coerced” unidentified…
Going under the knife in China’s plastic surgery stampede
Plastic surgery is booming in China, fuelled by rising incomes, growing Western influences, and the imperative of looking good on social media.Some parents are even paying for…
Ganni Slouchy Boots are first product to use major new leather alternative
And they’ve also joined with Danish contemporary brand Ganni to make a splash with the new product. The trio said they’ll “bring this next-generation material to the market…
Global garment makers unite to demand better terms from retailers
The suppliers hope their united front will prevent retailers from playing them off against each other in search of more lenient terms after suffering from widespread cancellations…
Italian private equity firm Holding Industriale takes control of Beste textile group
Beste was founded in 1992 in Prato, near Florence, by textiles technician Giovanni Santi, who decided to adopt technologies and tools usually utilised for rare fibres to…
Europe’s luxury brands want tougher rules for tech rivals
The call by Andreas Kaufmann, president of the European Cultural and Creative Industries Alliance (ECCIA) and chairman of Germany’s Leica Camera AG, comes as the European Commission…
H&M, Decathlon accused of unclear sustainability claims in the Netherlands
“Decathlon and H&M describe their products with generic terms such as ‘ecodesign’ and ‘conscious’ without clearly spelling out their sustainability benefits,” wrote CRA in a statement. As…
Kontoor Brands aims to reduce GHG emissions by 46.2% by 2030
Additionally, it aims to cut absolute scope 3 emissions, which encompass purchased goods and services, fuel and energy-related activities, and transportation, by the same percentage within the…