Europe’s biggest property group has agreed to buy shopping mall owner Westfield for $16 billion, marking the biggest takeover of an Australian company and a shift in global retail property to counter online shopping.
H&M Foundation with the Hong Kong Research Institute of Textiles and Apparel has demonstrated the new concept of innovative Closed-Loop Apparel Recycling Eco-System in the Swedish Pavilion of DesignInspire 2017.
Several years after founding Vestiaire Collective with five others, Christian Jorge, who served as product head before moving to operations, is leaving the used luxury goods platform to pursue another fashion project.
A jury in California has awarded Unicolors almost $850,000 in its copyright suit against H&M, finding after a trial that the fast fashion giant willfully infringed on the LA-based textile company's fabric pattern.
Women’s fashion clothing company eShakti, which focuses on the US and Canadian markets and also runs an Indian e-commerce unit Zapelle, has raised $2.3 million in debt funding from Mumbai-based BlackSoil Capital.
The French high-end childrenswear label continues to expand internationally, and will open three new stores in 2018: in Lebanon, Saudi Arabia, and in London's Mayfair district, the second opening in the UK's capital.