Coronavirus kindness- Fashion brands rush to help combat Covid-19
From Prada to Armani, fashion and beauty industry leaders are stepping up to the plate to help any way they can amid the current pandemic. That includes major…
Alibaba, JD.com seek to lock in merchant loyalty with new services
For customers opting to have their facial data in Bestore’s systems, that means shop assistants will be able to check on what food they like the moment they…
Factory safety group sticks by Bangladesh after attacks
The Alliance of mostly North American companies was set up in 2013 to improve safety in Bangladeshi factories after the collapse of the Rana Plaza complex in which…
Down- Peta calls for transparency on H&M sourcing
Peta’s shareholder resolution to H&M calls for a report on the slaughter methods used by their down suppliers. “H&M provides no information on the farms and slaughterhouses that…
Global trade growth strong but at risk if conflict escalates, WTO says
Trade in goods will grow 4.4 percent this year after a decade averaging 3.0 percent a year following the financial crisis. Last year it grew 4.7 percent –…
Greenpeace utilizes geolocators to reveal minimal reuse of donated clothing
After monitoring donated clothing for four months, only one item’s reuse has been confirmed, purchased from a second-hand store in Romania. This move by Greenpeace coincides with Black…
H&M’s Creator Studio launches fabric printing solution for AI-generated graphics
The service gives users the chance to create graphics and illustrations using generative AI, and to print them on merchandise available in a variety of predefined styles. According…
L’Oréal opens new headquarters in Madrid
The company has chosen a “hybrid work model in which employees do not have a fixed location”, but can roam throughout the day and settle in spaces that…
China’s Alibaba to invest $15.5 billion towards -common prosperity-
Beijing has been encouraging companies to share wealth as part of the effort to ease inequality in the world’s second-largest economy. Other companies that have made similar announcements…
China’s young spenders say #ditchyourstuff as economy sputters
For a growing number of Chinese like Tang, hit by job losses, furloughs and salary cuts, the consumer economy has begun to spin in reverse. They are no…