Matthew Williams’ luxury streetwear label 1017 ALYX 9SM has secured investment from Hong Kong-based entrepreneur Adrian Cheng, the company confirmed Friday.

The drop adds to the impression that a string of interest-rate hikes designed to beat down inflation is beginning to stymie economic activity.

Gap Inc. reported third-quarter profit that exceeded forecasts and a smaller-than-expected drop in comparable sales, showing that chief executive officer Richard Dickson is having early success in improving the company’s performance.

LVMH-owned Berluti announced it will design Team France’s uniforms for the opening ceremony of the 2024 Olympic and Paralympic Games in Paris, the brand announced Thursday.

Organisations representing more than 2,500 international brands, retailers and suppliers said the country’s new minimum wage for garment workers is too low to basic needs.

The Group's second-quarter revenue was in line with analysts’ estimates as the country’s retail sector recovers from the effects of pandemic-fueled lockdowns.

The U.S. retail giant has used its size and scale to keep prices low despite inflation.

Counterfeit items with an estimated retail value of more than $1 billion were seized and two individuals were charged with the trafficking of fake goods.