Eight Dutch institutional investors, with combined assets of €725 billion, have launched the Platform Living Wage Financials initiative campaigning for fair wages in the textile sector in the developing world.
Denim trade show Kingpins will be kicking off its next edition with a transformers summit on 23 October, followed by the Kingpins Amsterdam show on 24 and 25 October, highlighting the latest denim innovations.
Fast Retailing, owner of Japan’s popular clothing chain Uniqlo, booked a record annual profit and forecast even stronger results in the current year, helped by growth in Asia and a recovery at its US stores.
Times are tough and they certainly seem to be so for Swedish retailer Kappahl. The company's full-year results presentation was headlined “a challenging year”, so you knew the news wasn’t going to be good.
With UK retail in its current fragile state, every results announcement is being jumped on for signs of a recovery, which made N Brown’s interim figures of particular interest. And is a recovery on the cards? Not yet.
At least two U.S. states and two European Union member states are investigating a breach at Alphabet Inc’s Google that may have exposed private profile data of at least 500,000 users to hundreds of external developers.
As part of its ongoing commitment to sustainability, the outdoor apparel co-op is organizing used gear swaps at 11 stores across the US later this month, inviting members to trade their gently used equipment.