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.
legal
Luxury
Facebook, Instagram Are Hot Spots for Fake Louis Vuitton, Gucci and Chanel
The Meta-owned social media sites have become key marketplaces for counterfeit luxury goods.
Facebook, Instagram Are Hot Spots for Fake Louis Vuitton, Gucci and Chanel
The Meta-owned social media sites have become key marketplaces for counterfeit luxury goods.
Technology
Nike Sues StockX for Selling Sneaker NFTs
Sneaker giant Nike sued online reseller StockX in New York federal court on Thursday for selling unauthorised images of Nike shoes, marking the latest lawsuit over digital assets known as non-fungible tokens.
Nike Sues StockX for Selling Sneaker NFTs
Sneaker giant Nike sued online reseller StockX in New York federal court on Thursday for selling unauthorised images of Nike shoes, marking the latest lawsuit over digital assets known as non-fungible tokens.
Technology
Why Hermès Probably Can’t Stop the MetaBirkin
Even if the luxury brand wins its case against the creator of the virtual interpretations of its famed bag, the NFTs can’t be erased, at least not in any conventional sense.
Why Hermès Probably Can’t Stop the MetaBirkin
Even if the luxury brand wins its case against the creator of the virtual interpretations of its famed bag, the NFTs can’t be erased, at least not in any conventional sense.
Sustainability
Op-Ed | New York’s Fashion Act? More Like Fashion Won’t Act.
Proposed legislation targeting the social and environmental impact of brands doing business in the State of New York doesn’t go far enough, argues Beth Esponnette.
Op-Ed | New York’s Fashion Act? More Like Fashion Won’t Act.
Proposed legislation targeting the social and environmental impact of brands doing business in the State of New York doesn’t go far enough, argues Beth Esponnette.
Topics
Advocacy Groups Push to Toughen New York Fashion Act
A group of 20 human rights, labour and fashion sustainability organisations are lobbying to extend the proposed legislation’s reach beyond greater disclosure.
Advocacy Groups Push to Toughen New York Fashion Act
A group of 20 human rights, labour and fashion sustainability organisations are lobbying to extend the proposed legislation’s reach beyond greater disclosure.
Workplace & Talent
Retail Employees Are Under Attack. Here’s What Brands Can Do
Fashion brands will need to think beyond barebones safety protocols as they scramble to fix a problem that’s only getting worse as the pandemic drags on.
Retail Employees Are Under Attack. Here’s What Brands Can Do
Fashion brands will need to think beyond barebones safety protocols as they scramble to fix a problem that’s only getting worse as the pandemic drags on.
China
Brands Struggle to Navigate China’s New Data Privacy Law
The Personal Information Protection Law restricts companies’ ability to use data to market to consumers, leading to increased costs and operational complexity for foreign brands.
Brands Struggle to Navigate China’s New Data Privacy Law
The Personal Information Protection Law restricts companies’ ability to use data to market to consumers, leading to increased costs and operational complexity for foreign brands.
Retail
Djokovic Sponsor Lacoste to Contact Tennis Star to Review Events in Australia
“As soon as possible, we will be in touch with Novak Djokovic to review the events that have accompanied his presence in Australia,” Lacoste said in an emailed statement.
Djokovic Sponsor Lacoste to Contact Tennis Star to Review Events in Australia
“As soon as possible, we will be in touch with Novak Djokovic to review the events that have accompanied his presence in Australia,” Lacoste said in an emailed statement.
Sustainability
Op-Ed | Why I Support New York’s Fashion Act
Voluntary corporate action to address fashion’s social and environmental impact is not working, argues Ken Pucker.
Op-Ed | Why I Support New York’s Fashion Act
Voluntary corporate action to address fashion’s social and environmental impact is not working, argues Ken Pucker.
Topics
SMCP Appoints New Board Chairman Following Reshuffle
Christophe Cuvillier will step into the role, following a vote last week to dismiss five board members associated with former majority owner Ruyi Group.
SMCP Appoints New Board Chairman Following Reshuffle
Christophe Cuvillier will step into the role, following a vote last week to dismiss five board members associated with former majority owner Ruyi Group.
Luxury
Hermès Sues NFT Creator Over ‘MetaBirkin’ Sales
The French leather goods giant alleges trademark infringement and dilutive use of the iconic Birkin name.
Hermès Sues NFT Creator Over ‘MetaBirkin’ Sales
The French leather goods giant alleges trademark infringement and dilutive use of the iconic Birkin name.
Retail
On Vaccine Mandates, the Ball’s Back in Retailers’ Court
This week, everyone will be talking about how retailers approach the question of unvaccinated employees, plus the men’s shows in Milan and Paris.
On Vaccine Mandates, the Ball’s Back in Retailers’ Court
This week, everyone will be talking about how retailers approach the question of unvaccinated employees, plus the men’s shows in Milan and Paris.
The News in Brief
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.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.