US holiday sales hit a record $886.7 billion in 2021 as people rushed to buy gifts online and in stores amid a jump in Covid-19 cases and supply chain issues that threatened to upend the crucial shopping season.

Amid ongoing legal battles, the fashion group’s shareholders voted to dismiss five board members associated with its former owner.

The Competition and Markets Authority has made fashion its first priority in efforts to tamp down on misleading sustainability marketing.

One of Russia’s biggest fur-retailers announced it would close its factory and sell its remaining stock, due to a decline in the country's fur trade.

The Lithuanian-based company is the largest apparel trading group in the Baltic states, and is controlled by MG Baltic Group, an investment company.

Xi’an Giant Biogene Technology Co. has selected banks for an initial public offering in Hong Kong that could take place as soon as this year, according to people familiar with the matter.

The Spanish fast fashion giant is collaborating with Susan Fang on a Chinese New Year capsule collection, which will be released in selected stores and online Jan. 17.

Brands in Europe and the US are increasing orders from Thai suppliers but companies in other apparel-producing countries in Asia are driving the recent spike in demand.