At least three garment manufacturers in Bangladesh that supply European brands such as H&M and Next have laid off thousands of workers weeks after they had joined wage protests, union leaders said on Tuesday.
Apparel maker Guess Inc said on Monday CEO Victor Herrero will be leaving the company on Feb. 2. Carlos Alberini, head of jeans maker Lucky Brand and a former chief operating officer of Guess, will replace Herrero.
The issue of sustainability took center stage in the fashion industry in the year 2018, with multiple brands making pragmatic steps to addressing their environmental impact. We take a look at some of the biggest strides.
Guess Inc. reported on Wednesday third quarter results that missed expectations, despite a beat on revenue, as the American fashion brand paid out a hefty fine for anti-trust charges issued by the European Commission.
Strong e-commerce demand is fuelling Asia's air freight market, with the U.S.-China trade war having minimal negative impact so far and in some cases even boosting shipments, industry executives said on Friday.