German fashion brand Puma has announced plans to reduce its carbon emissions by 35 percent by 2030. The target, which has been approved by the Science Based Target initiative (SBTi), ensures the company meets the goals of the Paris Agreement, which aims to limit global warming to well-below 2 degrees […]

Fashion e-tailer Global Fashion Group (GFG) has postponed its planned initial public offering (IPO) until July. The offer period for the IPO, which was planned to end 25 June, has now been set for 28 June, while the company’s shares, which were expected to start trading on 27, will now start trading […]

British heritage brand Hunter has confirmed that it will take control over its Scandinavia distribution in Sweden, Norway, Denmark, Finland and Iceland, effective from July 1. Hunter will operate as a directly owned business in the Scandinavian market, managing the brand’s distribution of ready-to-wear, […]

Luxury fashion resale brand Cudoni has secured 1.4 million pounds worth of investment to support its international expansion plans. The multi-million pound backing comes from founder of men’s retailer Charles Tyrwhitt, Nick Wheeler, as well as Lord Mervyn Davies, chairman of the Lawn Tennis Association, […]

The fashion industry is doing everything it can to prevent the Trump administration from establishing a fourth tranche of tariffs of up to 25 percent on imports of Chinese goods. This time the products would include apparel, footwear and accessories. Yesterday, Columbia Sportswear’s Director of Global […]

REPORT“Any sufficiently advanced technology is indistinguishable from magic,” wrote futurist, Alfred C Clarke. And as digital commerce leaders evaluated how AI could impact the role of merchandising at the recent Activate Now, Lucidworks digital commerce conference in NYC, an off-shoot of their annual […]

Nueva York - Prada announced Monday its intention to use only recycled nylon in its new bag collection. For this, the Italian luxury group has partnered with Aquafil, a company that produces Econyl, a nylon thread made from plastic waste recovered from the sea. As explained by both companies in a joint […]

Yeezy, the apparel and footwear brand launched by rapper Kanye West in partnership with Adidas, is expected to generate 1.3 billion US dollars in sales by the end of this year, according to a New York Times report. An unnamed source said West earns 5 percent royalties on net sales of the products, which […]

Fashion Network has reported that Vornado, a U.S. landlord, has raised questions over Phillip Green and his Arcadia Empire over the manipulation of a CVA vote by increasing its debt owed to suppliers. Arcadia Group just narrowly escaped collapse last week when its unsecured creditors voted to approve […]

Uniqlo, Asia's largest retailer, is trying to lure employees with a 280,000 dollar salary to try and compete in a tough labor market, also promising them managerial titles within three years if hired. The salary being considered would be triple the average pay at the company, and 10 times the national […]

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