Articles by Don-Alvin Adegeest
American garment workers paid as little as 1.58 dollars per hour
31 Mar 2023 - Fashion
American garment workers are paid as little as 1.58 dollars per hour, according to a report released by the U.S. Department of Labor. A survey of Southern California garment-sewing contractors and manufacturers has found workers making garments sold by many of the nation’s leading fashion retailers often continue to be victims of wage theft and...
Price hikes at Next to be less than forecast for 2023
31 Mar 2023 - Business
With the Bank of England raising interest rates, inflation is expected to continue throughout 2023, with consumers to see price increases in clothing and accessories. Retail giant Next, which earlier this week posted a 5.7 percent rise in pre-tax profits to 870.4 million pounds for the year to January, said it expected prices to rise by 7...
Roberto Cavalli names Sergio Azzolari as new CEO
31 Mar 2023 - People
Italian fashion house Roberto Cavalli announced the appointment of Sergio Azzolarias as the company’s new chief executive officer. Mr Azzolarias will report to Cavalli’s board and will begin the role in April. An alumni of DSquared2, Mr. Azzolari also held numerous executive leadership roles within the Tods group, Luxottica and Missoni, building...
Hugo Boss joins Metaverse Fashion Week
30 Mar 2023 - Fashion
Metaverse fashion week has added Boss to its roster of brands, which also sees Dolce & Gabbana, Coach, Tommy Hilfiger and Adidas participate in its Fall 2023 edition. The three day event, which ends Friday, 31st March, sees Boss operating a virtual showroom as an extension of its SS23 Miami fashion show. In a statement the company said the...
Harrods to open Prada Caffé pop-up until end of 2023
30 Mar 2023 - Fashion
Nine years after Prada launched its Pradasphere at Harrods, a temporary exhibition and café celebrating the brand’s 100 year anniversary, Prada is back with one of its favoured concepts: the Prada Caffé. The luxury department store will open the Caffé doors on Friday, where the fashion house is serving breakfast, lunch, dinner, small bites and...
UK may levy green tax on imports from polluted factories
29 Mar 2023 - Business
The UK may impose a green tax on imports manufactured in polluting factories. The government is set to announce new green policy measures on Thursday, echoing similar proposals to the EU’s green energy laws and the US inflation act, which gives green businesses tax advantages. Rishi Sunak and energy minister Grant Shapps will announce the new...
British luxury brands welcome lucrative coronation business
29 Mar 2023 - Fashion
British luxury brands are set to benefit from increased sales and exposure of King Charles’ coronation next month. King Charles III, who became the UK’s official monarch after the death of Queen Elizabeth II last September, will be officially crowned in a ceremony steeped in tradition. Historically, British luxury brands have long been...
Bottega Veneta to showcase FW23 in Beijing
29 Mar 2023 - Fashion
Bottega Veneta is to host a repeat showcase of its Fall 2023 collection with a catwalk presentation in Beijing. The Italian luxury house previously showed the season’s collection during Milan fashion week in February. The brand said it will add new dedicated looks to avoid it being a carbon copy of the Milan show. It is unclear if the...
Gucci strengthens metaverse presence with Yuga Labs collab
28 Mar 2023 - Fashion
Gucci is continuing its metaverse activities, having signed a multi-year partnership with NFT giant Yuga Labs, the company behind Bored Ape Yacht Club and CryptoPunks. Spanning fashion and digital entertainment, Kering-owned Gucci is building its presence in the metaverse and Web3 domain. The luxury house is investing to further establish itself...
Burberry invests in supply chain and acquires Italian outerwear manufacturer
28 Mar 2023 - Business
Burberry is aiming to strengthen its supply chain with the acquisition of an Italian outerwear manufacturer. The British luxury brand acquired the technical outerwear facility from Pattern SpA, a longtime supplier whose business activities include engineering and production of luxury garments. Burberry acquired the company for 21 million euros...