Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Phnom Penh, 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.
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
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.
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
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
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.
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.
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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
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
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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The News in Brief
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.
Hermès Shares Dive as Sales and Chinese Weakness Disappoint
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.