Amazon-American Apparel Deal Would Please Fashionistas and Trump
American Apparel owns a clothing factory in Los Angeles, an added benefit to buying the retailer, that would position Amazon to respond to apparel trends more quickly than competitors that make clothes overseas.
A new study from Trove and Worldly found that if luxury and outdoor apparel brands can grow their resale offering to account for a quarter of total revenue, then they can substantially reduce carbon emissions. Fast fashion, not so much.
The US Federal Trade Commission filed a long-awaited antitrust lawsuit against Amazon on Tuesday, charging the online retailer with harming consumers through higher prices in the latest US government legal action aimed at breaking Big Tech’s dominance of the internet.