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.
BERLIN, Germany — British clothes retailer Primark will pay a further $10 million in compensation to victims of the collapse of a Bangladeshi factory last year that killed more than 1,100 people.
ITALY , Germany — Hugo Boss AG, the German luxury- clothing maker, forecast accelerated sales growth and rising earnings for this year as the company spends more to promote itself in Asia.
BERLIN, Germany — Adidas aims to replicate a sports stadium experience at flagship stores around the world, part of an effort by the German sportswear firm to make more direct sales, particularly in emerging markets.
PARIS, France — Puma SE, Europe’s second-largest sporting-goods maker, ruled out a rapid recovery as it reported a slump in full-year profit.
FRANKFURT, Germany — Shareholders in German fashion house Hugo Boss can expect a higher dividend for 2013, its chief financial officer told Reuters on Friday.
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.
BERLIN, Germany — Consumer concerns about poor working conditions in Asian factories and toxic chemicals used in fabric production are driving interest in ethical fashion, helping it start to appeal to a broader market.