L’Oréal Joins Forces With Nykaa to Invest in Indian Beauty Brands
BOLD, the French conglomerate’s venture capital fund, will collaborate with retailer Nykaa to invest in the next generation of Indian beauty brands.
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Sustainability
Social Goods | H&M Allegations, Lean Manufacturing, Selfridges Wins Award
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
Sustainability
Social Goods | Syrian Refugees, Clashing Campaigns, Can Etsy Upend Capitalism?
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
Sustainability
Social Goods | Educating Garment Workers, Plus-Size Male Models, M&S Burkini
Social Goods is a weekly roundup of the most important news at the intersection of fashion and ethics, sustainability and corporate social responsibility.
Global Markets
India, the Fashion World’s Next Manufacturing Powerhouse?
The ‘Make in India’ campaign is raising the profile and prospects of India’s garment and textile industry.
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.
Retail
Made in Jordan: Inside the Unexpected Powerhouse of Garment Manufacturing
Despite the conflicts on its doorstep, Jordan is quietly churning out clothing for some of the world's most recognisable fashion brands.
News & Analysis
H&M Expands Program to Increase Pay for Asian Factory Workers
Hennes & Mauritz AB is rolling out a more generous compensation program for its Asian suppliers to improve factory conditions and combat unrest in the countries that produce the majority of its apparel.
News & Analysis
Myanmar Sets $2.80 Daily Minimum Wage in Bid to Boost Investment
Myanmar has set a minimum wage of 3,600 kyat ($2.80) for an eight-hour work day, a move likely to boost investment in the fast-growing country's garment industry.
China
China Workers Contracted by Uniqlo Strike over Plant Closure
BEIJING, China — More than 300 Chinese workers at an apparel factory that supplies international brands such as Uniqlo have been protesting for about
China
Chinese Workers at Uniqlo Supplier Go on Strike Over Firings
Hundreds of factory workers at a Chinese supplier to Fast Retailing Co. are striking over the dismissal of some of the employees, forcing production to shut down, a labor rights group said.
Global Markets
Marks & Spencer, Gentle Giant
The reputations of most high street fashion retailers are tainted by the staggering human costs of making the products they sell. How has Marks & Spencer managed to be a gentle giant?
Sustainability
Bangladesh Guardedly Welcomes Benetton Factory Victim Pledge
A Bangladeshi garment industry leader on Saturday guardedly welcomed Italian retailer Benetton's pledge of more than $1 million to victims of a factory collapse that killed over 1,100 people two years ago, saying it had come late but was appreciated.
The News in Brief
Private Equity Firm Inflexion Invests in Manucurist
The European investor, which previously backed Medik8, has taken a 49 percent stake in the premium French nail line.
H&M Profit Rises on Tariff Refunds as Sales Remain Sluggish
US tariff refunds drove an increase operating profit, even as the fast-fashion retailer has struggled to deliver consistent sales growth.
Arnault Clan to Change LVMH Holding Structure to Ensure Control
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
JD Sports Says Nike Turnaround Is Only a Matter of Time
Dominic Platt, chief financial officer of the British sportswear retailer, told Reuters, ‘Much as there's a lot of talk about Nike, it's still the most popular brand out there and it's still a very strong brand.’
Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’
Meta Expected to Unveil Smart Glasses Without Camera
Smart glasses have become a target of criticism in recent months amid growing concerns they can be used to record people without their consent.
Record Global Fibre Production Pushes Fashion’s Environmental Footprint Higher
Planet-warming emissions associated with the raw materials used to make fashion, footwear and home textiles have risen 30 percent since 2019, according to a new report.