Miscellaneous
The latest news
Tmall Global adds extra support for new sellers targeting China
Alibaba Group’s cross-border business-to-consumer marketplace Tmall Global has increased its support for international brands, unveiling a new suite of solutions at the 2021 Tmall Global New Seller Virtual Summit.
Fashion
H&M's Eriksson succeeds Kristina Stenvinkel as group's Communications Director
H&M Group has announced that its Head of Media Relations Andreas Eriksson, is to take on the role of Communications Director across the group succeeding Kristina Stenvinkel.
Fashion
WhatsApp faces first legal challenge in India over privacy
WhatsApp's updated privacy policy verges on user surveillance and threatens India's security, a petition filed in an Indian court said on Thursday, presenting another legal challenge for the Facebook-owned messenger.
Lifestyle
Tommy Hilfiger opens applications for latest Fashion Frontier Challenge
PVH's Tommy Hilfiger opened applications for the third edition of its Fashion Frontier Challenge on Wednesday with an aim this year "to amplify and support black, indigenous and people of color entrepreneurs".
Fashion
Next market value hits £10bn milestone as shares rise on festive season news
Fashion, beauty and home retail giant Next reached a milestone on Wednesday as its shares rose and its market capitalisation topped £10 billion. It also has the opportunity to capitalise on the Debenhams collapse.
Fashion
UK parliament approves Brexit trade deal with EU as both sides look to future
British lawmakers approved Prime Minister Boris Johnson’s post-Brexit trade deal with the EU on Wednesday, as both sides looked to begin a new chapter of relations just days before their divorce becomes a reality.
Fashion
Lockdown in England to be extended, more stores must close
Lockdown measures are being extended in England due to the surging rates of coronavirus infection. And it means that more than three quarters of the country will be in Tier 4, with almost the rest of it in Tier 3.
Fashion
JC Penney CEO Soltau to exit, search for new chief begins
American department stores giant JC Penney Co said Wednesday that its new owners have begun a search for a CEO to replace Jill Soltau who exits at the end of this month.
Fashion
Ikea sees Indian market as a priority, plans further investments
Homeware business Ikea plans to invest over Rs 10,500 crore ($1.58 billion) in its Indian operations, seeing the market as a global priority.
Fashion
Inditex online revenues soar, but Q3 still sees sales fall
The world’s biggest fashion retailer may have seen a 14% sales fall in the three months to the end of October, but the company was firmly profitable and remains a powerhouse in global retail.
Fashion
H&M recovery stalls in latest lockdowns, but annual figures are encouraging
H&M's sales were running only 3% down this autumn until the latest wave of lockdowns forced its stores to close again. But its figures for Q4 and the full year show it's managing fairly well in a tough year.
Fashion
H&M Group unveils radically different Singular Society membership brand
H&M Group has soft-launched an interesting new venture with Singular Society, a first-of-its-kind members brand that gives those who sign up “access to uncompromised life essentials at the price they cost to make”.
Fashion
Agnelli family buys major stake in Shang Xia from Hermès
The holding company of Italy’s famous Agnelli family’s is to invest €80 million in Chinese luxury business Shang Xia Paris to take a controlling stake.
Luxury
Pantone selects two Colors of the Year for 2021
Pantone has named its new Color of the Year and has selected two with Ultimate Gray and Illuminating being “a marriage of colour, conveying a message of strength and hopefulness that is both enduring and uplifting”.
Fashion
India's small businesses and jewellers see festive recovery
Micro, small, and medium enterprises have seen sales rise during the festive season, sparking hopes of recovery. Jewellery retailers also saw their average ticket size increase during the festive period.
Fashion
Balenciaga debuts new Objects line
Balenciaga has taken the concept of fashion accessories to a completely new level. The house has developed and debuted a new unwearable Objects line, to be introduced individually throughout the year.
Luxury