George at Asda cancels orders, pays percentage of costs

The retailer has also told its suppliers that they will only be paid for a percentage of the cancelled orders due to the significant impact the UK lockdown has had on the fashion sector. The move follows similar actions taken by a number of retailers, with suppliers in Asia citing American and British retailers in particular for cancelling large numbers of orders. 

There are particular …

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Glow at home- Beauty industry remakes product pitches in the age of coronavirus

The $500 billion global beauty industry has almost overnight changed what and how it markets to a clientele hidden behind masks or stuck at home to avoid the spread of coronavirus.As consumers’ social and travel plans have evaporated and work is conducted online, beauty brands have had to quickly redirect their pitches to show how their products are still relevant.

Companies are promoting…

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Moncler Group leads in sustainability indices for fifth year

The Dow Jones Sustainability Index features companies leading in sustainability, based on a comprehensive set of economic, environmental, and social responsibility criteria evaluated by S&P Global.“Every day, at Moncler and Stone Island, we work to continue integrating sustainability into our business modelคำพูดจาก Read more

Cross-border sales- Zalando, Asos, Farfetch lead European e-marketplace ranking

CBCommerce has produced a ranking of these groups based on cross-border sales, various performance indicators, number of countries covered and site visits from other countries. Top of the table was German e-marketplace Zalando, ahead of UK generalist operator Fruugo and its compatriots Asos and Farfetch, with French multi-channel retailer Carrefour in fifth place. Sixth place went to German per…

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New Sunday store-opening zones come into effect in Paris on August 25

As reported by FashionNetwork.com in mid-July, the Economy and Finance Ministry intends to sidestep the court rulings, by adjusting the boundaries of the existing ITZs. The Maillot-Ternes ITZ has disappeared, having been split in two. Its Ternes section is now attached to the Champs Elysées-Montaigne ITZ, while the Maillot area has become the Palais des Congrès ITZ, its claim to attracting i…

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On Emirates’ glittering coast, pearl trade lives on

Many Emirati families can trace their ancestry to a time when they were involved in the pearl trade, which served as the foundation of their modern-day wealth.Although diving for the treasures is no longer necessary in an era where they can be cultured, Suwaidi said that after the death of his grandfather he felt “socially, culturally and historically” responsible for passing the knowledge on.…

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Nike loses case against Skechers over Converse Chuck Taylor trademark

Skechers announced on Thursday that the Honorable Charles E. Bullock, chief administrative law judge of the International Trade Commission (ITC), has determined that Converse’s Chuck Taylor midsole trademark is not violated by the Skechers’ Twinkle Toes and Bobs lines, or by any of the other products cited by Nike’s case. Judge Bullock also determined that the midsole trademark does not …

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Neiman Marcus to drop fur by 2023

The owner of the Neiman Marcus nationwide and Bergdorf Goodman in New York, said it will close all its existing fur salons and convert them to spaces for “modern luxury experiences”. Neiman Marcus currently has 21 fur salons in stores, while Bergdorf’s has one. “We are delivering an ultimate luxury experience for our customers and their evolving preferences,” said NMG chief executiv…

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Grosvenor fast-tracks climate strategy

Launching its “why wait” policy, it wants to mitigate remaining emissions by 2025 through offsetting. That means it wants all emissions, including corporate, building, development and value chain, to be “reduced and mitigated”.This is likely to have an impact on tenants with retailers renting Grosvenor properties also likely to be expected to be as eco-focused as possible.

From th…

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Tommy Hilfiger opens applications for latest Fashion Frontier Challenge

The global program “aims to support entrepreneurial start-up and scale-up stage businesses that develop solutions that make a positive social impact on the fashion landscape”.It’s been running since 2018 and so far has awarded €350,000 to businesses that “stand up for what they believe in and are committed to driving change within their communities”.

The company said its third…

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