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 […]

The National Retail Federation (NRF) has joined the voices against tariffs of up to 25 percent on imports of approximately 300 billion US dollars in Chinese goods, as proposed by the Office of the US Trade Representative. “We find that the proposed tariffs, especially at 25 percent, would be too large […]

Australian online retailer MySale Group has launched a review of the group's strategic options which could result in the company being sold. The group said the strategic review will explore options including raising additional capital to support ongoing restructuring, reducing the group’s debt, selling […]

The women embroiderers of the remote Mexican mountain village of Tenango de Doria made worldwide headlines this week when their government went to war with an American designer for "plagiarising" their patterns. Wes Gordon, the artistic director of the New York label founded by Venezuelan designer Carolina […]

As part of its climate strategy, the Lenzing Group has set itself the ambitious goal of net-zero CO2 emissions by 2050 and is the world’s first company to do so. The Austrian fiber producer announced in a press release on Friday that it wants to reduce its CO2 emissions drastically over the coming years […]

Louis Vuitton is the top luxury brand in China according to the Gartner L2 Luxury China Index, which ranks digital IQ. Bulgari, Cartier, Gucci and Mont Blanc round out the top five luxury brands. Burberry is the only British brand to be ranked in the top 10, achieving a digital IQ of 121 for 9th place. […]

The most promising fashion companies of our times seem to be at opposite sides of a spectrum. On the one hand, we have consumers and industry leaders arguing that the fashion industry needs to move beyond fast fashion. They expect brands to produce more ethically and sustainably, while advocating the […]

The British Retail Consortium (BRC) has acquired OSS Retail, formerly known as the Oxford Summer School, from the British Independent Retailers Association. The move comes as part of BRC’s ‘Better Jobs’ campaign and its ongoing effort to reposition retail as a career of choice. By taking over OSS, BRC […]

UK retailers are losing almost 11 billion pounds annually - the most of any country in Europe - due to 1,000-plus daily incidents of shoplifting, food waste and soaring internal theft, a new report reveals. According to the ‘Retail Security in Europe. Going beyond Shrinkage’ report conducted by Crime&tech […]

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