1,49 billion euros: that’s how much the European Commission has fined Google for breaching EU antitrust rules one more time. According to the Commission, Google forced its AdSense clients to sign contracts prohibiting them from accepting advertising from rival search engines. Commenting on the fine, […]

The Arcadia Group on Wednesday stated it appointed Mitch Hughes as the new buying and design director for its Topman brand. Hughes is no stranger to the Arcadia Group, joining Topshop as the former buying director for Burton, having been with the company since 2015. Hughes previously worked at Marks […]

British sustainable fashion brand Komodo offers an internship scheme that regularly attracts high calibre international students for six-month placements at its London head office. Rather than doing the cliché coffee rounds or handling the photocopying, Komodo’s emphasis is on giving students an insight […]

Sainsbury’s and Asda have pledged to make one billion pound price cuts in a bid to win CMA approval for their proposed 12 million pound merger to go ahead. In a statement released on Tuesday, Sainsbury’s and Asda said they would deliver one billion pounds of lower prices annually by the third year following […]

Kappahl’s net sales for the second quarter amounted to 1,185 million Swedish krona (128.7 million dollars), an increase of 6.3 percent. This, the company said, is explained by the 2.9 percent change in comparable stores, 1.7 percent in new and closed stores, and 1.7 percent effect of currency translation […]

While chalking out a three-year strategic plan to deliver 2021 adjusted earnings per share in the range of 2.65 dollars to 2.75 dollars, DSW Inc. has also changed it corporate name to Designer Brands Inc. The company now plans to focus on building exclusive brands and products for DSW and The Shoe Company […]

Danish shoe brand Ecco reported net sales of 1.31 billion euros (1.49 billion dollars) and profit before tax of 201 million euros (228 million dollars) in 2018 compared to 1.28 billion euros and 184 million euros respectively, in 2017. "It is very satisfactory for the employees to see all their hard […]

Austrian fiber firm Lenzing and Belgian chemical group Solvay have partnered up to launch a new sustainable fabric combining Tencel’s lyocell fibers and Amni Soul Eco, a biodegradable polyamide. The two companies said in a joint statement that the new fabric is designed to “further optimize the benefits […]

Total revenue at DSW Inc. increased 13.3 percent for the year to February 3, 2018 to 3.2 billion dollars, including 310 million dollars from the acquisitions of the Canadian business and Camuto Group. For the fifty-two week period, the company’s comparable sales increased by 6.1 percent compared to […]

A new wave of companies looking to make fashion more sustainable has joined Fashion for Good’s Plug and Play Accelerator program, which provides them with a twelve-week curriculum including mentorship and business development opportunities from Fashion for Good’s corporate partners C&A, Adidas, Bestseller, […]

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