Latest Articles in Business

Superdry to accelerate growth in India with Reliance Brands

British retailer Superdry has signed an IP joint venture agreement with India’s Reliance Brands Holding UK (RBUK) for the sale of its South Asia intellectual property assets, including the Superdry brand and related trademarks in India, Sri Lanka, and Bangladesh. In a statement, struggling Superdry said that RBUK, which is held by Reliance...

Business

Shopify and WPP join forces to help brands scale

Global marketing and communications company WPP has unveiled a strategic partnership with e-commerce giant Shopify to harness the power of its platform for enterprise clients. The collaboration aims to co-develop products, combining WPP's vast network of over 13,500 commerce experts with Shopify's platform to assist ambitious brands in achieving...

Business

The Burberry Foundation launches initiative to support young Ukrainians

The Burberry Foundation, the charity set up in 2008 by Burberry Group plc, is partnering with Save the Children to support young people impacted by the humanitarian crisis in Ukraine. The two organisations are launching ‘Life Chances,’ a programme designed to help young Ukrainian refugees recover by furthering their education and career...

BusinessFeatured

Luke Radloff wins Azzedine Alaïa Foundation x Orveda Prize

The Azzedine Alaïa Foundation in partnership with clean skincare brand Orveda has announced Luke Radloff as the inaugural winner of its fashion prize to continue its educational mission to support emerging talents. The partnership will offer two prizes annually to two young, under-represented fashion designers to allow them “a new space to...

BusinessFeatured

Naked demos and plucked goats: A fashion month of protests, a rundown of all the outcry

Fashion and clothing has always been a medium of protest. For decades, both designers and consumers have used their dress sense to determine what message they want to portray to the outside world. This has also rang true on the runway, where brands have leveraged the global platform to make political or societal statements on a current issue in...

Business

Fanatics strikes deal to sell US college merch internationally

Digital sports platform Fanatics has announced a long-term agreement with the Collegiate Licensing Company (CLC) that will see it sell licensed fan merchandise from US colleges to international markets. Beginning with an initial 15 US colleges, with more to be added over time, Fanatics will offer a range of official products to the UK and...

Business

Abercrombie & Fitch to initiate investigation into former CEO Mike Jeffries

Abercrombie & Fitch has reportedly said an investigation into Mike Jeffries was underway after the BBC revealed a slew of exploitation allegations against the brand’s former chief executive officer. Jeffries came under the radar after claims of his involvement in an organised ring that exploited men at private sex events were brought to light...

Business

Four Paws: 400 fashion brands agree to oppose mulesing

Global animal welfare organisation Four Paws has reported that 400 international fashion brands have publicly stated their opposition to mulesing, a process in which strips of wool-bearing skin are removed from sheep. The nonprofit released the names of the brands via an open letter – ‘Brand Letter of Intent’ – which was initiated to call on the...

Business

Inditex signs agreement with IAF regarding garment industry transformation

Fashion retail giant Inditex has announced that it has signed a framework agreement with the International Apparel Federation (IAF) regarding the transformation of the global garment industry and in support of more sustainable practices and technologies. The deal with the membership organisation aims to drive forward the development of projects...

Business

Prada reorganises design team, Luigi Preziotti appointed design director

Luxury conglomerate Prada Group has announced a shuffle within its design team after its long-time design director Fabio Zambernardi stepped down from the role he held for 40 years. In his place, Luigi Preziotti has been named as Prada’s design director, another veteran of the Italian fashion house who has until now been women’s design director...

Business

Uniqlo Japan September same-store sales drop by 4.6 percent

September same-store sales including online sales at Uniqlo Japan decreased by 4.6 percent, while total sales including online sales decreased by 3.1 percent. The company, part of the Fast Retailing Group said in a release that strong sales of summer ranges boosted same-store sales in the first half of the month but sales of fall winter products...

Business

Delta Apparel receives ‘unsolicited offer’ for Salt Life

Delta Apparel has said that it has received an “unsolicited offer” to purchase its fishing apparel business Salt Life, leading its board of directors to initiate a strategic review for the brand. The lifestyle apparel group noted that it had appointed Baird as its financial adviser to oversee the process, adding that it could currently not...