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.
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.
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
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.
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,
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.
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
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.
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?
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.