Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
Cambodia
News & Analysis
Cambodia to Increase Garment Industry Minimum Wage
Cambodia says it will raise the minimum wage in its clothing industry by 9.4 percent to $140 a month.
News & Analysis
Gap's PACE Pays Dividends
Gap’s PACE programme has improved retention and productivity amongst female garment workers, paying dividends for workers and employers alike.
News & Analysis
Cambodia Garment Workers Face Routine Rights Abuse
Many factories unlawfully use short-term contracts to avoid paying benefits and indiscriminately fire workers, and verbal abuse and sexual harassment is common in the female-dominated industry, Human Rights Watch said.
News & Analysis
Cambodia’s Wages Rise, Orders Don’t
"In the factory dorm room she shares with three other garment workers on the outskirts of Phnom Penh, 25-year-old Chheav Sarun has hung two framed
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News & Analysis
DFS to Open T Galleria Store near Angkor Wat
Today, BoF can exclusively reveal that luxury travel retail company DFS is set to open an 8,000-square-metre retail complex near the world heritage site of Angkor Wat in Cambodia in 2016.
Global Markets
Cambodia Increases Garment Industry Minimum Wage
Cambodia is raising the minimum wage in its important clothing industry by 28 percent to $128 a month, falling short of labor unions' $140 proposal.
News & Analysis
Cambodian Garment Workers Return to Work After Deadly Clashes
PHNOM PENH, Cambodia — Tens of thousands of garment workers have returned to work in Cambodia, ending a two-week pay dispute after authorities used
News & Analysis
Cambodian Forces Open Fire as Factory Strikes Turn Violent
PHNOM PENH, Cambodia — Cambodian military police opened fire with assault rifles on Friday to quell a protest by garment factory workers demanding
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News & Analysis
Cambodia's silk industry, Armani goes Gaga, Functionality vs flash, Forbes' Luxe index, Return to sophistication
Cambodia Slowly Reweaves Its Silk Industry (NY Times) "Far from the glamour at fashion weeks in America and Europe, Cambodia's silk industry is
News & Analysis
Horyn and Menkes beg to differ on designer appointments, Vuitton’s boom, Eco-friendly factories, Luxury Titanic?
Three Separate Challenges (NY Times) "With a number of companies now being run by equity-market managers, you can bet your bottom dollar that they
The News in Brief
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
US to Temporarily Allow Compounding of Six Peptides
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
Adidas Keeps Humming With Apparel, Performance Sports Growth
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
Puig Targets €8 Billion in Annual Sales by 2032
Ahead of its first Capital Markets Day in Madrid, the Spanish beauty group has unveiled its “Vision 2032” and detailed its plans to grow its share of the global fragrance market.
Report: Puig, CVC, Cinven Eye Luxury Fragrance Maker Parfums de Marly
Private equity firms CVC Capital Partners and Cinven, along with Spanish beauty group Puig, are considering acquiring Parfums de Marly, the luxury fragrance brand owned by Advent International, two people familiar with the matter told Reuters.