H&M CEO Warns Rising Bangladeshi Wages May Spook Some Firms

Karl-Johan Persson | Source: Reuters

FRANKFURT, Germany — Hennes & Mauritz (H&M), the world's second-biggest fashion retailer, supports higher wages for textile workers in Bangladesh, its chief executive said, but warned that higher costs could also prompt some companies to go elsewhere.

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Spain’s Next Zara? Fashion Label Desigual Speeds Global Growth

Desigual store interior | Source: Wikipedia

BERLIN, Germany — Spanish fashion label Desigual is accelerating its expansion in Europe and emerging markets, seeking to ride predictions of fast growth in women's apparel while also taking the colourful brand into new areas like perfume and shoes.

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