LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
Cambodia says it will raise the minimum wage in its clothing industry by 9.4 percent to $140 a month.
Gap’s PACE programme has improved retention and productivity amongst female garment workers, paying dividends for workers and employers alike.
Many factories unlawfully use short-term contracts to avoid paying benefits and indiscriminately fire workers, and verbal abuse and sexual harassment is common in the female-dominated industry, Human Rights Watch said.
"In the factory dorm room she shares with three other garment workers on the outskirts of Phnom Penh, 25-year-old Chheav Sarun has hung two framed
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Today, BoF can exclusively reveal that luxury travel retail company DFS is set to open an 8,000-square-metre retail complex near the world heritage site of Angkor Wat in Cambodia in 2016.
Cambodia is raising the minimum wage in its important clothing industry by 28 percent to $128 a month, falling short of labor unions' $140 proposal.
PHNOM PENH, Cambodia — Tens of thousands of garment workers have returned to work in Cambodia, ending a two-week pay dispute after authorities used
PHNOM PENH, Cambodia — Cambodian military police opened fire with assault rifles on Friday to quell a protest by garment factory workers demanding
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The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.