The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
legal
Luxury
Hermès Settles Skechers Patent Lawsuit Over Shoe Soles in New York
The filing said the two sides signed a confidential settlement agreement on Monday.
Hermès Settles Skechers Patent Lawsuit Over Shoe Soles in New York
The filing said the two sides signed a confidential settlement agreement on Monday.
Luxury
Burberry Chair Says UK ‘Least Attractive Shopping Destination in Europe’
At an event organised by prime minister Rishi Sunak’s government, Gerry Murphy criticised the 2020 decision to end the UK’s tax-free shopping program and called Bexit a ‘drag on growth.’
Burberry Chair Says UK ‘Least Attractive Shopping Destination in Europe’
At an event organised by prime minister Rishi Sunak’s government, Gerry Murphy criticised the 2020 decision to end the UK’s tax-free shopping program and called Bexit a ‘drag on growth.’
Sustainability
Case Study | How to Avoid Another Rana Plaza
In the wake of 2013’s deadly factory collapse in Dhaka, more than 200 brands signed the Bangladesh Accord, a legally binding safety pact. As the agreement expands internationally, BoF unpacks why it’s widely viewed as fashion’s most effective safety campaign, how it can help brands address new sustainability regulation and what limitations remain.
Case Study | How to Avoid Another Rana Plaza
In the wake of 2013’s deadly factory collapse in Dhaka, more than 200 brands signed the Bangladesh Accord, a legally binding safety pact. As the agreement expands internationally, BoF unpacks why it’s widely viewed as fashion’s most effective safety campaign, how it can help brands address new sustainability regulation and what limitations remain.
Beauty
L’Oréal Urged to Withdraw Hair Relaxers After Studies Find Cancer Risk
Campaigners are calling on the cosmetics company L’Oréal to withdraw its hair-straightening products that are largely used by black women after research linked it to an increased risk of cancer.
L’Oréal Urged to Withdraw Hair Relaxers After Studies Find Cancer Risk
Campaigners are calling on the cosmetics company L’Oréal to withdraw its hair-straightening products that are largely used by black women after research linked it to an increased risk of cancer.
Sustainability
Secondhand Fashion Has a Looming PFAS Problem
A growing number of US state bans are forcing clothing companies to find less toxic alternatives to per- or polyfluorinated substances — called PFAS for short — when making shirts, hats and rain jackets that are water- and stain-resistant.
Secondhand Fashion Has a Looming PFAS Problem
A growing number of US state bans are forcing clothing companies to find less toxic alternatives to per- or polyfluorinated substances — called PFAS for short — when making shirts, hats and rain jackets that are water- and stain-resistant.
Luxury
Gucci Milan Site Inspected in EU Antitrust Inquiry
European Union antitrust regulators have started inspecting a facility of luxury goods company Gucci as part of an EU investigation spanning several countries, Gucci’s French owner Kering said on Wednesday, confirming a Reuters report.
Gucci Milan Site Inspected in EU Antitrust Inquiry
European Union antitrust regulators have started inspecting a facility of luxury goods company Gucci as part of an EU investigation spanning several countries, Gucci’s French owner Kering said on Wednesday, confirming a Reuters report.
Financial Markets
Kim Kardashian Hires Wall Street Talent to Bulk Up Buyout Firm
Kim Kardashian’s private equity firm hired a half-dozen financial-industry professionals, including a new chief operating officer who previously worked at alternative investment giant Apollo Global Management Inc.
Kim Kardashian Hires Wall Street Talent to Bulk Up Buyout Firm
Kim Kardashian’s private equity firm hired a half-dozen financial-industry professionals, including a new chief operating officer who previously worked at alternative investment giant Apollo Global Management Inc.
Retail
Boohoo Settles Inflated Prices Lawsuit for $197 Million
Manchester-based retailer Boohoo, owner of brands PrettyLittleThing and NastyGal reached a $197 million settlement for a lawsuit accusing the retailer of inflated prices, it announced on Wednesday.
Boohoo Settles Inflated Prices Lawsuit for $197 Million
Manchester-based retailer Boohoo, owner of brands PrettyLittleThing and NastyGal reached a $197 million settlement for a lawsuit accusing the retailer of inflated prices, it announced on Wednesday.
Sustainability
Activists Renew Push for Fashion Workers’ Rights Bill
Political lobbyists, TikTok influencers and Amazon’s controversial union leader Chris Smalls gathered Tuesday morning in an unlikely alliance championing New York State’s Fashion Workers Act, a piece of legislation that would grant employment protections for models and other creatives in the industry.
Activists Renew Push for Fashion Workers’ Rights Bill
Political lobbyists, TikTok influencers and Amazon’s controversial union leader Chris Smalls gathered Tuesday morning in an unlikely alliance championing New York State’s Fashion Workers Act, a piece of legislation that would grant employment protections for models and other creatives in the industry.
Technology
What Is Lemon8 and What Are Its Links With Under-Fire TikTok
While political scrutiny continues to intensify on the widely popular short video app TikTok in the US and across the world, another owned by the same Chinese company, ByteDance Ltd., is going viral. As downloads of Lemon8 surge in the US, here’s what you need to know about it:
What Is Lemon8 and What Are Its Links With Under-Fire TikTok
While political scrutiny continues to intensify on the widely popular short video app TikTok in the US and across the world, another owned by the same Chinese company, ByteDance Ltd., is going viral. As downloads of Lemon8 surge in the US, here’s what you need to know about it:
Retail
Nordstrom, Dillard’s Garment Suppliers in Violation of Wage Laws in California
Southern California’s garment factories are facing scrutiny for underpaying workers who make clothing for some of the nation’s top retailers, including Nordstrom Inc. and Dillard’s Inc.
Nordstrom, Dillard’s Garment Suppliers in Violation of Wage Laws in California
Southern California’s garment factories are facing scrutiny for underpaying workers who make clothing for some of the nation’s top retailers, including Nordstrom Inc. and Dillard’s Inc.
Retail
Walmart Faces Second US Lawsuit This Week Over Treatment of Workers
Walmart Inc was sued on Thursday by the US Equal Employment Opportunity Commission (EEOC), the agency’s second lawsuit this week accusing the largest US retailer of discrimination against workers with disabilities.
Walmart Faces Second US Lawsuit This Week Over Treatment of Workers
Walmart Inc was sued on Thursday by the US Equal Employment Opportunity Commission (EEOC), the agency’s second lawsuit this week accusing the largest US retailer of discrimination against workers with disabilities.
The News in Brief
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.