H&M to pay suppliers in full for orders fulfilled, but halts new orders

But Swedish giant H&M Group has told suppliers in Bangladesh and other manufacturing countries that they will receive payment for the orders they have already fulfilled or started. Several reports quoted… Read more

Google’s competition for advertising heats up from Amazon, rival platforms

Alphabet’s shares fell 7.5 percent on Tuesday, a day after the company reported its slowest quarterly revenue growth in three years. About 85 percent of the company’s revenue comes from… Read more

Gucci launches Instagram account dedicated to its sustainability initiatives

The account, currently with 1,389 followers and nine posts, is designed to enable Gucci to forge closer links with its community, by sharing all the initiatives the label is deploying… Read more

Hugo Boss highlights “competitive advantage” of European sourcing

On March 10, during the presentation of Hugo Boss’s annual results, the senior management emphasised the role played by the group’s sourcing and manufacturing operations – notably by cutting the… Read more

Italian textiles producer Manteco buys Casentino Lane

 “We are extremely proud to be able to preserve this long-standing, ultra-specialised carding spinning factory, one we have worked in partnership with for many years, and with which we have… Read more

Kors, Moncler lead UK Google 10-year search surge, but Balenciaga is peaking now

But while labels such as Michel Kors and Moncler are at the top of the table in terms of increased searches, activity around those brands actually peaked a few years… Read more

J&J CEO Gorsky spurns U.S. congressional hearing on carcinogens in talc products

In a hearing announcement, the House of Representatives Subcommittee on Economic and Consumer Policy said that its efforts to persuade Gorsky to testify included “repeated attempts to accommodate the company”… Read more

Irish fashion retailers report weak sales growth in second quarter

“Trading within the Irish Retail Industry remains incredibly volatile,” said Retail Excellence CEO David Fitzsimons, with the sales monitor painting a dark picture for the fashion industry as all fashion… Read more