African Designer Platform The Folklore Raises $3.4 Million
The capital injection will aid the company’s pivot from being an e-commerce site to being a business-to-business venture helping emerging brands enter US retailers.
New policies on both sides of the Atlantic mean businesses will likely have to prove their supply chains do not pass through the Chinese region, where the reported detention of Uighurs in forced labour camps is rife.
The move comes after President Emmanuel Macron’s government said it would tax the Silicon Valley tech giants.
The deal rewards Hanoi for its progress on labour guarantees with a 99 percent reduction in tariffs, while sanctioning Phnom Penh for human rights abuses.
This week, everyone will be talking about the men's shows at Paris Fashion Week, an agreement to end the US-China trade war and Fenty Beauty's first mascara. Get your BoF Professional Cheat Sheet.
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The trade show is also partnering with denim brand Lee and designers Bethany Williams and Duran Lantink for a sustainability-focused special project, curated by Stavros Karelis and Orsola de Castro.
The Confederation of All India Traders has issued concerns over the e-commerce giant's alleged circumvention of foreign investment rules.
Japan-based Fast Retailing Co. released a statement clarifying remarks that initially angered Korean customers amid the trade spat between the two countries.
With Donald Trump hardening his stance on the Southeast Asian country, Eclat Textile Co. keeping up with the changing landscape of global trade.
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The American retail corporation is siding with the US government in strongly opposing India's e-commerce rules in a failed lobbying attempt.
US President Donald Trump’s tariff threats have put the importance of supply chain management into sharp focus. What are the sourcing hot spots that offer alternatives to Chinese production?
The president’s threat of a 5 percent tariff on all Mexican goods will not worsen the country's economic situation, according to White House administration.
The Trump administration’s latest tariff proposal on goods imported from China has forced the outdoor gear and apparel maker to spend more time managing its supply chain than its sales operations.
The capital injection will aid the company’s pivot from being an e-commerce site to being a business-to-business venture helping emerging brands enter US retailers.
The German sportswear company now expects to generate operating profit of around €700 million ($743 million), an increase from the previous target of €500 million.
Amid a luxury slowdown, strong performance by LVMH’s perfumes and cosmetics and selective retailing divisions show a healthy appetite for beauty.
The company, which named chief brand officer Ije Nwokorie as its next CEO, said it was anticipating a double-digit percentage decline in US wholesale revenues, which would dent overall profits.
Rising prices of personal care products could quash Americans’ habit of buying big-brand-name items for their household pantries, posing a threat to Procter & Gamble, one of the world’s biggest makers of packaged goods.
The merger arbitrage investor community turned increasingly bearish on the deal last week, as they interpreted some comments from FTC officials at a conference as negative for the deal.
The value of retail purchases, unadjusted for inflation, increased 0.7 percent from February, Commerce Department data showed Monday.
The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and Versace under one roof, still awaits approval from the United States.