The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
workers-rights
Luxury
The Great Fashion Reset | How to Fix Luxury’s Trust Issues
A series of scandals linking brands including Dior, Armani, Valentino and Loro Piana to sweatshops in Italy have helped fuel doubts about what customers are paying for and whether they can trust luxury brands anymore.
The Great Fashion Reset | How to Fix Luxury’s Trust Issues
A series of scandals linking brands including Dior, Armani, Valentino and Loro Piana to sweatshops in Italy have helped fuel doubts about what customers are paying for and whether they can trust luxury brands anymore.
Luxury
Gucci Staff Threaten to Strike Over Welfare Payment Dispute
Around 1,000 retail and logistics employees across Italy declared a ‘state of unrest’ after accusing the Kering-owned brand of withholding a promised welfare bonus.
Gucci Staff Threaten to Strike Over Welfare Payment Dispute
Around 1,000 retail and logistics employees across Italy declared a ‘state of unrest’ after accusing the Kering-owned brand of withholding a promised welfare bonus.
Luxury
Italian Regulator Fines Giorgio Armani €3.5 Million for Unfair Commercial Practices
The fashion group and one of its units ‘issued misleading ethical and social responsibility statements in contrast with the actual working conditions found at suppliers and subcontractors,’ Italy’s antitrust regulator said.
Italian Regulator Fines Giorgio Armani €3.5 Million for Unfair Commercial Practices
The fashion group and one of its units ‘issued misleading ethical and social responsibility statements in contrast with the actual working conditions found at suppliers and subcontractors,’ Italy’s antitrust regulator said.
Luxury
How Loro Piana Was Linked to Labour Exploitation
LVMH’s high-end cashmere firm cultivated unassailable luxury credentials with its commitment to quality and craft. According to Italian prosecutors, thousands of its cashmere jackets were made in illegal, Chinese-owned workshops on the outskirts of Milan.
How Loro Piana Was Linked to Labour Exploitation
LVMH’s high-end cashmere firm cultivated unassailable luxury credentials with its commitment to quality and craft. According to Italian prosecutors, thousands of its cashmere jackets were made in illegal, Chinese-owned workshops on the outskirts of Milan.
Luxury
LVMH’s Loro Piana Put Under Court Administration in Italy Over Labour Exploitation
The Italian cashmere firm has been placed under judicial administration for a year due to alleged worker exploitation and inadequate oversight within its supply chain.
LVMH’s Loro Piana Put Under Court Administration in Italy Over Labour Exploitation
The Italian cashmere firm has been placed under judicial administration for a year due to alleged worker exploitation and inadequate oversight within its supply chain.
Retail
Major UK Investors Join Push for Retail Giants to Pay Workers ‘Real Living Wage’
Investors including Axa and Scottish Widows are backing shareholder resolutions pressing retailers Next, Marks & Spencer and JD Sports to increase pay for thousands of workers.
Major UK Investors Join Push for Retail Giants to Pay Workers ‘Real Living Wage’
Investors including Axa and Scottish Widows are backing shareholder resolutions pressing retailers Next, Marks & Spencer and JD Sports to increase pay for thousands of workers.
Technology
H&M Knows Its AI Models Will Be Controversial
The company expects public opinion to be divided on its plan to use “digital twins” of real models in AI-generated imagery. But the best way to protect models’ jobs and rights in the age of AI, it says, is to bring them into the process.
H&M Knows Its AI Models Will Be Controversial
The company expects public opinion to be divided on its plan to use “digital twins” of real models in AI-generated imagery. But the best way to protect models’ jobs and rights in the age of AI, it says, is to bring them into the process.
China
China Says PVH Engaged in ‘Improper’ Conduct Related to Xinjiang
The country's commerce ministry said it plans to summon the Calvin Klein and Tommy Hilfiger owner in the near future, without elaborating on its allegations.
China Says PVH Engaged in ‘Improper’ Conduct Related to Xinjiang
The country's commerce ministry said it plans to summon the Calvin Klein and Tommy Hilfiger owner in the near future, without elaborating on its allegations.
Retail
Shein Representative Declines to Answer China Cotton Question in UK Hearing
The ultra-fast-fashion retailer has previously said it requires contract manufacturers to only source cotton from approved regions, and that it has a zero-tolerance policy for forced labour.
Shein Representative Declines to Answer China Cotton Question in UK Hearing
The ultra-fast-fashion retailer has previously said it requires contract manufacturers to only source cotton from approved regions, and that it has a zero-tolerance policy for forced labour.
Retail
Uniqlo, Gymshark and Lush Stop Hiring UK Workers via Gig Economy Apps
Following union pressure over concerns that workers were being denied essential employment rights, the retail companies have stopped hiring freelance workers through apps like YoungOnes and Temper.
Uniqlo, Gymshark and Lush Stop Hiring UK Workers via Gig Economy Apps
Following union pressure over concerns that workers were being denied essential employment rights, the retail companies have stopped hiring freelance workers through apps like YoungOnes and Temper.
Retail
UK Lawmakers Summon Shein and Temu for Questioning Over Labour Practices
The committee, chaired by former Labour minister Liam Byrne, is examining the government’s flagship employment rights bill in the context of protections for British workers.
UK Lawmakers Summon Shein and Temu for Questioning Over Labour Practices
The committee, chaired by former Labour minister Liam Byrne, is examining the government’s flagship employment rights bill in the context of protections for British workers.
Luxury
Inside Luxury’s Broken Audit System
LVMH-owned Dior missed glaring problems during an assessment of working and safety conditions in its production arm in Italy last year, according to a review of unpublished court documents.
Inside Luxury’s Broken Audit System
LVMH-owned Dior missed glaring problems during an assessment of working and safety conditions in its production arm in Italy last year, according to a review of unpublished court documents.
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.