The European Union's plan to rein in U.S. tech giants with new rules could cost the 27-country bloc as much as 85 billion euros (77.08 billion pounds)in economic growth, Brussels-based think tank ECIPE warned.
Premium online fashion platform Cudoni has secured £4.6 million backing from key international investors, claiming the amount is the largest ever raised for investment within a UK fashion resale business.
Unilever, P&G and other major consumer goods manufacturers are touting lower-priced brands and discounts to woo penny-pinching shoppers struggling through the most severe global recession since the Great Depression.
Yves Saint Laurent Beauty has launched a programme called Abuse is Not Love as it works to “help eliminate intimate partner violence which includes physical, sexual, emotional abuse as well as controlling behaviours”.
The London start-up has raised £0.5m “to power sustainable product verification” at a strong time for its business model after supply chain scandals and as consumers aim to buy more ethical and sustainable products.
Over the weekend, crowds packed a former industrial warehouse in Beijing as the China Fashion Week got underway, with models strutting mask-less on a square runway and guests oblivious to social distancing norms.
The iconic New York-based fashion group has teamed up with non-profit Parity.org and a group of industry peers, including PVH Corp. and Lacoste, to reveal a new roadmap for achieving gender parity in the fashion sector.
Luxury puffer jacket maker Moncler committed on Thursday to making production sites carbon-neutral by 2021 and said it would start using certified recycled down, in a process requiring 70% less water than before.