Bangladesh will raise the minimum wage for garment workers by 56.25 percent, the first hike since 2019.
Police have clashed with thousands of garment workers demanding higher wages in protests that have left factories damaged and at least two dead, according to media reports.
Striking Hollywood screenwriters reached a tentative new labour agreement with studios, including Walt Disney Co. and Netflix Inc., settling one of two walkouts that have shut down film and TV production.
Republican attorneys general from 16 US states asked the Securities and Exchange Commission to audit China-founded fast fashion retailer Shein’s supply chain for the use of forced labour ahead of its potential initial public offering.
The Customs and Border Protection agency has signed a multi-year contract with Altana, a tech-driven supply-chain mapping company, to help it understand how goods move through the global economy.
Nike Canada Corp. and Dynasty Gold Corp. are being investigated by a Canadian government agency for allegedly using forced Uighur labour in their supply chains and operations.
Parliament voted 366 in favour, with 225 against, though an attempt to strengthen the obligation of company boards and directors to ensure compliance with the new law failed.
The fashion industry runs on systemic inequality and social injustice. BoF assesses companies’ efforts to protect workers in their supply chain in the latest in a series of articles examining the findings of The BoF Sustainability Index.
The Chinese beauty conglomerate’s revenue grew 29.8 percent in the latest quarter, but its profit decreased by double digits due to increased promotional expenses as it expands overseas.
Shares jumped after the group raised its annual revenue and profit forecasts and said it expected sales to return to growth.
The German sportswear business is attempting to reboot its brand appeal to better compete with larger rivals Adidas and Nike.
The Tata Group-owned business beat expectations, shoring up confidence in its fashion business after a period of sluggish performance.
Chasity Monroe has been appointed as the label’s chief executive as it undergoes a wider brand refresh.
The Korean firm and Medicube owner reported third quarter revenue growth of over 100 percent, mostly attributed to the expansion of its skincare range into new markets, channels and product categories.
Celebrity-makeup artist Ash K. Holm will join the “smart” mirror brand for a year-long partnership focusing on guidance and education.
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.