Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
regulation
Retail
France Suspending Shein After Complaints Over Sex Dolls, Weapons
The French government said it would temporarily suspend the Chinese e-commerce giant Shein, just hours after it opened its first store in Paris.
France Suspending Shein After Complaints Over Sex Dolls, Weapons
The French government said it would temporarily suspend the Chinese e-commerce giant Shein, just hours after it opened its first store in Paris.
Retail
Inside Shein’s Fast-Fashion Fight in France
The online fashion giant is facing strong opposition in France from lawmakers, retailers and regulators who criticise its low-cost model and alleged unfair advantages.
Inside Shein’s Fast-Fashion Fight in France
The online fashion giant is facing strong opposition in France from lawmakers, retailers and regulators who criticise its low-cost model and alleged unfair advantages.
Technology
US Treasury’s Bessent Says China Has Approved TikTok Transfer Deal
China has approved the transfer agreement for TikTok, with the US Treasury Secretary expecting the resolution to proceed in the coming weeks and months.
US Treasury’s Bessent Says China Has Approved TikTok Transfer Deal
China has approved the transfer agreement for TikTok, with the US Treasury Secretary expecting the resolution to proceed in the coming weeks and months.
Retail
Walmart Pauses Job Offers to Candidates Needing H-1B Visas
It's the largest user of H-1B visas among major US retail chains, employing an estimated 2,390 H-1B visa holders.
Walmart Pauses Job Offers to Candidates Needing H-1B Visas
It's the largest user of H-1B visas among major US retail chains, employing an estimated 2,390 H-1B visa holders.
Retail
UK’s Asos in Talks With German Authorities Over Customs Duty Claims
The British fast-fashion retailer is in talks with German customs authorities over a legal dispute regarding underpaid import duties.
UK’s Asos in Talks With German Authorities Over Customs Duty Claims
The British fast-fashion retailer is in talks with German customs authorities over a legal dispute regarding underpaid import duties.
Beauty
How Beauty Can Navigate a Testing Confidence Crisis
As Australian regulators investigate a lab associated with sunscreens shown to have inconsistent SPF ratings, brands must grapple with questioned trust in beauty’s third-party product testing system.
How Beauty Can Navigate a Testing Confidence Crisis
As Australian regulators investigate a lab associated with sunscreens shown to have inconsistent SPF ratings, brands must grapple with questioned trust in beauty’s third-party product testing system.
Luxury
Gucci, Chloé and Loewe Fined Over $182 Million by EU for Anticompetitive Pricing Practices
The EU Commission said the luxury brands fixed resale prices, violating competition rules.
Gucci, Chloé and Loewe Fined Over $182 Million by EU for Anticompetitive Pricing Practices
The EU Commission said the luxury brands fixed resale prices, violating competition rules.
Sustainability
From Shein to Chanel, What Paris Says About the State of Fashion
After a season of designer debuts, we’re looking at whether fashion has delivered on its great reset, as well as the other drama playing out in Paris: Shein’s plans to open its first physical stores. Then there’s the latest luxury sweatshop scandal, and also Taylor Swift.
From Shein to Chanel, What Paris Says About the State of Fashion
After a season of designer debuts, we’re looking at whether fashion has delivered on its great reset, as well as the other drama playing out in Paris: Shein’s plans to open its first physical stores. Then there’s the latest luxury sweatshop scandal, and also Taylor Swift.
Retail
Shein, Hit With Big Fines, Boosts Internal Controls
The online fast-fashion giant is reinforcing its internal controls following a series of fines for data privacy breaches, misleading discounts, and greenwashing.
Shein, Hit With Big Fines, Boosts Internal Controls
The online fast-fashion giant is reinforcing its internal controls following a series of fines for data privacy breaches, misleading discounts, and greenwashing.
Luxury
Brunello Cucinelli Seeks to Reassure Investors After Short Seller Accusations
The Italian cashmere label rejected allegations that it misled investors about its Russian business and discounting practices and confirmed it’s on target to grow sales 10 percent this year.
Brunello Cucinelli Seeks to Reassure Investors After Short Seller Accusations
The Italian cashmere label rejected allegations that it misled investors about its Russian business and discounting practices and confirmed it’s on target to grow sales 10 percent this year.
Sustainability
Explainer: Can Big Fashion Make Recycling Work at Scale?
Industry coalition ReHubs is calling for billions of dollars of investment to establish industrialised textile recycling capabilities in Europe. For its strategy to work, many elements still need to fall into place.
Explainer: Can Big Fashion Make Recycling Work at Scale?
Industry coalition ReHubs is calling for billions of dollars of investment to establish industrialised textile recycling capabilities in Europe. For its strategy to work, many elements still need to fall into place.
Technology
British Fashion Model Agents Association Puts Out Petition to Protect Models from AI
The BFMA and modelling agency The Milk Collective have petitioned against the unauthorised use of model likenesses by AI.
British Fashion Model Agents Association Puts Out Petition to Protect Models from AI
The BFMA and modelling agency The Milk Collective have petitioned against the unauthorised use of model likenesses by AI.
The News in Brief
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.
Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.
CFDA’s Steven Kolb Involved in Altercation with PETA Protestors
The trade body’s president physically restrained animal rights activists after they stormed a Cos runway show at New York Fashion Week.
GQ Philippines Names Danyl Geneciran Editor in Chief
The former Vogue Man Philippines editor will helm GQ’s 23rd international title, whose debut issue features covers starring Darren Criss, Jordan Clarkson and Erwan Heussaff.
Human Made Discloses $3.6 Million Undercover Purchase Price and Long-Term Financial Targets
The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.
Arizona Accuses L’Oréal of Concealing Cancer Risks Linked to Hair Relaxers
The beauty conglomerate faces over 12,000 similar lawsuits filed by individuals that have been consolidated in a Chicago federal court.
Space NK Names New CEO, Andy Lightfoot Steps Down
Chief marketing officer Emma Simpson-Scott will succeed Lightfoot, who is leaving the UK retailer after seven years at the helm.