The luxury industry is assessing the first effects of the relaxation of lockdown regulations in China. Most shops have been reopened since around a month and a different market appears to be emerging after the crisis.
A Moss Bros shareholder has reacted angrily to Brigadier Acquisition Co's attempt to get out of its deal to buy Moss Bros after Covid-19 dented its prospects. It's also unclear whether the cancellation would be allowed.
Part of Kingpins’ plan to bring an ethical focus its tradeshows worldwide, all panels of the upcoming New York show will focus on social and environmental issues related to the future of the denim industry.
Fom August 4 through 6, more than 250 intimates and swimwear brands hit New York’s Javits Center, where Curve NY celebrated inclusivity and confidence, all while exploring the latest industry developments.
The company will now pledge to limit its contribution to global temperature rise to 1.5 degrees celsius (2.7 degrees fahrenheit) above pre-industrial levels and reaching net-zero emissions by no later than 2050.
Sports Direct said on Wednesday it offered Debenhams an interest-free loan in return for a further 5 percent stake, just as the department store was close to securing funds to fend off a bid from Sports Direct's founder.
Debenhams has secured a temporary cash injection to tide it over while talks go on and it also has a new own-brand sourcing deal with Li & Fung that should help it respond faster to trends with better quality product.
Everlane announced it will completely eliminate new, "virgin" plastic from its supply chain by 2021. The label also announced the launch of ReNew, a line of outerwear made from discarded plastic bottles.