ASICS, the Japanese sports apparel and footwear producer, has posted 42.6% sales growth to ¥209.5 billion (Japanese yen) in Q2. Sales for the period were driven by Performance Running and the Onitsuka Tiger category.
The Asia Floor Wage Alliance has joined forces with several local labor unions to file a complaint against fashion giant H&M in Bengaluru for alleged labour abuses at a supplier factory for the brand in 2020.
Otrium, an online outlet store for fashion brands, said on Wednesday it had raised $120 million from investors as it launches in the US and develops its platform for trading items left unsold at the end of the season.
Milan Fashion Week, almost wholly digital, will run until March 1. Italy’s top labels will all take part, except Versace, alongside many debut names like Del Core, a new entry premiering with a real show.