Boohoo supply chain review identifies failings, leads to big change

The company had announced the review back in July after news stories about sub-contractors paying workers well below the UK’s minimum wage and also making them work in unsafe conditions.Overseen by Alison Levitt QC, the review “identified many failings in the Leicester supply chain”.

But it also said there’s “ample evidence that the steps which Boohoo is now taking in relation to …

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Amancio Ortega earns €1.1 billion in Inditex dividends, half of his expected earnings for the year

The entrepreneur will receive 2.217 billion euros in dividends from the company this year, which is higher than the 1.718 billion euros he received in dividends last year.In total, the company will pay out more than 3.73 billion euros to its shareholders this year, after raising the dividend by 29% to 1.2 euros per share.คำพูดจาก Read more

Chinese textile industry begins gradual conversion to sustainability

Last December’s announcement of the inaugural Sustainable Innovation Award, organised by Kering Greater China and technology accelerator/investment fund Plug and Play, did not go unnoticed by the Chinese textile and apparel industry. In the last ten years, salary levels in what once was the ‘world’s factory’ have been steadily rising, causing a large part of its output to shift upmarket, …

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Diesel names Eraldo Poletto new global CEO

 “Diesel, an OTB Group brand, today announces a top management reorganizationคำพูดจาก สล็อตเว็บตรง. Eraldo Poletto will be appointed Global CEO of the brand,” the house said in a terse release. In a surprise move, Poletto replaces Massimo Piombini, who only joined Diesel…

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French cosmetics exports surge 12% in 2017

“The 2017 results confirm France’s position as the international markets leader. We can celebrate the renown for French cosmetics, which continues to attract the foreign markets thanks to this unique, made in France craftsmanship,” said Patrick O’Quin, FEBEA president.By category, wellbeing and perfume products still represented three quarters of total cosmetic exports leaving France — some…

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Fashion and beauty fall as March snow dent sales, but online stays stronger

Who says soคำพูดจาก สล็อตเว็บตรง? The British Retail Consortium and Barclaycard, who both released March surveys on Tuesday. And they backed up what just about every other footfall and sales tracking specialist has been saying for weeks.In fact, the BRC said that over the thr…

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Germany’s stricter lockdown increases recession risks

Chancellor Angela Merkel and state leaders agreed on Sunday to shut most stores from Wednesday until at least January 10 to reverse a tide of COVID-19 infections that lighter restrictions introduced on November 2 have failed to tame.The German economy suffered its worst recession on record as the first wave of coronavirus infections pushed down gross domestic product by 1.7% in the first quarte…

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LVMH group set to deploy blockchain authentication tool, AURA

The solution is said to have been developed by blockchain specialist Quorum, in collaboration with Microsoft Azure and another blockchain solution expert, Consensys. Initially, AURA would be utilised to prove the authenticity of products, giving customers forgery-proof data on the materials they are made with, and tracking their journey along the supply and distribution chain. At a later stage,…

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Fashion group Guess fined $45 million for blocking EU cross-border sales

The investigation into Guess began in June 2017 following a year-long inquiry into the cross-border online sales practices of 1,900 companies.The European Commission said Guess’ distribution deals with retailers restricted them from using the Guess brand names and trademarks for online search advertising and also prevented them from setting the retail price independently.คำพูดจา…

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Philipp Plein defrauded of $900,000

 According to reports, a former friend of West allegedly contacted the designer to negotiate a deal to have West perform at Plein’s New York Fashion Week event on Monday.  The deal was finalized at roughly $1 million, with a rep for Plein confirming the company fell for the scam and signed a deal. คำพูดจาก Read more