Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
garment-workers
News & Analysis
Italy's Benetton Pays $1.1 Million to Rana Plaza Disaster Fund
Benetton has paid $1.1 million into a fund for victims of the Rana Plaza factory collapse that killed 1,100 workers in Bangladesh two years ago, after pressure from activists to donate to the fund.
Italy's Benetton Pays $1.1 Million to Rana Plaza Disaster Fund
Benetton has paid $1.1 million into a fund for victims of the Rana Plaza factory collapse that killed 1,100 workers in Bangladesh two years ago, after pressure from activists to donate to the fund.
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
Retail
Uniqlo Steps Up Controls on China Suppliers
Japanese fashion giant Fast Retailing Co. is tightening controls on treatment of workers at key suppliers' factories in China following complaints by labor rights groups.
Uniqlo Steps Up Controls on China Suppliers
Japanese fashion giant Fast Retailing Co. is tightening controls on treatment of workers at key suppliers' factories in China following complaints by labor rights groups.
Global Markets
Myanmar's Garment Workers Join Forces Amid Lure of City Jobs
YANGON, Myanmar — When Aye Cho Khine left her family in a farming town in central Myanmar for work and better pay in the city of Yangon 16 years ago,
Myanmar's Garment Workers Join Forces Amid Lure of City Jobs
YANGON, Myanmar — When Aye Cho Khine left her family in a farming town in central Myanmar for work and better pay in the city of Yangon 16 years ago,
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.
China
Fire Exposes Illegal Chinese Factories in Italy
PRATO, Italy — The first thing the firefighters saw was the arm sticking out of the barred window on the second floor of the factory. Flames reached
Fire Exposes Illegal Chinese Factories in Italy
PRATO, Italy — The first thing the firefighters saw was the arm sticking out of the barred window on the second floor of the factory. Flames reached
Marketing
Op-Ed | Reshoring Garment Manufacturing is Viable and Scalable
There is a real opportunity to rebuild local manufacturing in a commercially viable and scalable way, argues Janice Wang.
Op-Ed | Reshoring Garment Manufacturing is Viable and Scalable
There is a real opportunity to rebuild local manufacturing in a commercially viable and scalable way, argues Janice Wang.
News & Analysis
Op-Ed | E-Tailers Must Tell Consumers Where Their Products Are Made
In brick-and-mortar stores, consumers can quickly check where garments are made before making a purchase, simply by looking at the label. Why don't fashion e-tailers provide the same information?
Op-Ed | E-Tailers Must Tell Consumers Where Their Products Are Made
In brick-and-mortar stores, consumers can quickly check where garments are made before making a purchase, simply by looking at the label. Why don't fashion e-tailers provide the same information?
The News in Brief
Puig Reports First-Half Revenue Growth After Estee Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
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.
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.