Asos and the British High Commission are hosting a event in Mauritius this Thursday with the aim of discussing the challenges in managing labour migration and agreeing a common framework for workers’ rights.
Upscale Australian department store chain David Jones saw A$712 million being slashed from its value on Thursday as South African owner Woolworths booked an impairment charge linked to the underperforming business
Top Australian department store Myer Holdings Ltd gave a profit warning on Thursday after a mid-year sale fizzed and efforts to revive the local arm of British chain Topshop failed, sending its shares to a record low.
Amazon announced in April that it would bring its Marketplace for 3rd-party sellers to Australia, sparking a massive stock sell-off, but some fund managers say the dire warnings about traditional retail are overblown.
H&M has become the first international fashion retailer to join EP100, a global initiative that encourages businesses to double their energy productivity as part of an effort to transition to a net-zero economy.
The extension of a preferential US trade deal with African nations has come as a boon to Kenya’s apparel exports which are tipped to 5 per cent to $400 million, according to the Kenya Association of Manufacturers (KAM).