Garment manufacturers in Bangladesh demanded higher export subsidies from the government, saying proposals in the latest national budget were not enough to compensate for higher production costs and low prices.
Ex-Hermès International VP and Comité Colbert Deputy Chairman Christian Blanckaert is the new guest of the LuxurynsightXFashionNetwork podcast series, talking about the luxury industry’s challenges with Godfrey Deeny.
Frederick Lukoff, the long-time president of Stella McCartney, quits to become CEO of Dutch brand Scotch & Soda. A surprise move, barely one year after overseeing McCartney's buyback of 50% of her company from Kering.
The textile manufacturing business Sintex Industries Limited has defaulted on Rs 86 crore ($12.9 million) of non-convertible debentures. The business’ profits had also fallen in the 2019 financial year.
Consumer goods group Reckitt Benckiser has picked PepsiCo executive Laxman Narasimhan as its next chief executive, becoming the latest industry heavyweight to turn to a company outsider to tackle faltering growth.
Designer Manish Malhotra encouraged Indian actresses to wear sarees to international events to promote Indian handlooms at his talk in Chennai on June 9. The designer is gearing up to launch a web-series and new line.