BRC highlights exploitation in Leicester factories
This is the second time the retail organisation has urged the government to address the issue, following a letter signed by MPs, retailers and NGOs sent in July.The…
De Grisogono files for bankruptcy
“Without financial support from current shareholders, and without a buyer, the solvency of the company is now in question, making the continuation of the business impossible,” the statement…
New denim line Warp + Weft launches with inclusive sizing and affordable prices
Before launching her own line, Ahmed was creative director of New York denim brand DL1961. Ahmed, whose family owns one of the largest textile mills in the world,…
Pay Luxembourg 250 million euros in tax, EU orders Amazon
Joining other U.S. tech giants in the sights of EU antitrust chief Margrethe Vestager, Amazon said it was considering an appeal over the payment, though it was less…
Skechers to ‘vigorously defend’ against Nike’s patent lawsuit
The legal battle was launched in the California federal court on November 6, with Nike accusing Skechers of infringing on its Flyknit patents. The lawsuit was equally filed…
US footwear, apparel sectors to see sales rebound, says Moody’s
The brands include Nike, Ralph Lauren, Under Armour, Wolverine’s Keds and Sperry, and PVH’s Tommy Hilfiger and Calvin Klein, according to a press release from the investor service…
U.S. unemployment rolls seen swelling as coronavirus restrictions bite
The Labor Department’s weekly jobless claims report on Thursday will probably reinforce economists’ views of a protracted recovery of the economy, which is reeling from nationwide lockdowns to…
U.S. retail traffic jumped over Memorial Day weekend – cellphone data
Data from Unacast estimated visits to some beach towns in southern states, including Alabama and Texas, roughly doubled from May 22-25 over the holiday weekend in 2019. The…
US’ VF Foundation grants over $8 mn to 77 community partners worldwide
The VF Foundation’s grantees and highlights include the Full Circle Expedition and Wind River Indian Reservation, where the foundation funded the first Black expedition team to summit Mount…