Temu-Owner PDD Holdings Misses Quarterly Revenue Estimates
Despite price slashing from retailers and government stimulus measures to boost consumer spending, the e-commerce company's year-on-year net income fell 47 percent.
The company expects public opinion to be divided on its plan to use “digital twins” of real models in AI-generated imagery. But the best way to protect models’ jobs and rights in the age of AI, it says, is to bring them into the process.
LVMH-owned Dior missed glaring problems during an assessment of working and safety conditions in its production arm in Italy last year, according to a review of unpublished court documents.
Following the closing of ports on the East and Gulf coasts, which accounts for more than 50 percent of apparel and accessories imported in the US, retailers are left to figure out how to get their goods to their stores and customers ahead of the busiest time of year.
Following the closing of ports on the East and Gulf coasts, which accounts for more than 50 percent of apparel and accessories imported in the US, retailers are left to figure out how to get their goods to their stores and customers ahead of the busiest time of year.
Dockworkers across the US East and Gulf coasts have launched a historic strike for the first time in nearly 50 years, disrupting operations at 36 major ports and potentially causing an economic loss of up to $4.5 billion daily.
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The luxury brand, which is under scrutiny for links to sweatshop labour in Italy, was behind on publishing supply chain disclosures required by UK law until last month.
The country’s prime minister resigned and fled the country on Monday after weeks of protests roiled the world’s second-largest garment exporter.
Some shareholders are asking the luxury giant to take more aggressive steps to monitor its supply chain after Italian prosecutors alleged factories manufacturing for Dior exploited workers.
A court in Milan ordered a one-year receivership for Giorgio Armani Operations, described as an industrial company of the Armani Group, according to the ruling seen by Reuters.
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A vote widely seen as rigged could spark another round of protests and violence, with the country’s millions of garment workers on the front lines. The fashion industry has been reluctant to get involved, but may find it has no other choice.
A vote widely seen as rigged could spark another round of protests and violence, with the country’s millions of garment workers on the front lines. The fashion industry has been reluctant to get involved, but may find it has no other choice.
Negotiations over a new minimum wage for garment workers in Bangladesh have sparked mass demonstrations on streets across the capital.
This week, deadly protests after the Bangladeshi government proposed a minimum wage increase well below the level unions had called for highlighted a fundamental challenge in raising worker salaries: somebody has to pay for it.
Striking Hollywood screenwriters reached a tentative new labour agreement with studios, including Walt Disney Co. and Netflix Inc., settling one of two walkouts that have shut down film and TV production.
Despite price slashing from retailers and government stimulus measures to boost consumer spending, the e-commerce company's year-on-year net income fell 47 percent.
Swiss watch exports to the US saw a significant increase in April, driven by a surge in shipments ahead of anticipated tariff hikes.
Italian legal and political authorities, trade unions and fashion industry parties signed a non-binding action plan focussed on the creation of a database of brands’ suppliers and their workforces, after prosecutors uncovered widespread abuse.
The EU has ordered Shein to address consumer law breaches within one month or face potential fines.
The US president told reporters the decision to push the deadline came after he had a ‘very nice’ phone call with Commission President Ursula von der Leyen.
The mass brand will raise prices in August.
The eponymous Barcelona-based avant garde menswear label confirmed it has ceased operations.
The European Union is considering a handling fee for low-value e-commerce packages, primarily from platforms like Shein and Temu, to address a surge in volume and ensure compliance with EU regulations.