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.
DEI workers are repositioning and rebranding to get contracts and retain remaining staff positions, distancing themselves from conversations around race and gender and instead prioritising their leadership expertise.
Brands like Warby Parker and Glow Recipe are thriving with two leaders at the top — but experts caution the model only works when the market conditions are right, roles are clearly defined and egos stay in check.
Sinking brand valuations, a shaky economy, and the rollback of DEI initiatives are pressuring women founders in fashion and beauty — but a new playbook is helping them navigate the storm.
From Burberry to Michael Kors and Under Armour, brands are leaning on product chiefs to navigate economic uncertainty and reignite innovation.
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Brands, retailers and their employees are negotiating a new approach to diversity, equity and inclusion initiatives for the Trump era — and that often means avoiding the term itself.
This week, the US President took aim at climate action and diversity, equity and inclusion programmes, institutionalising a growing backlash against so-called ‘woke capitalism.’
An anti-DEI push by the new administration and a Gen-Z led move away from alcohol-centric social events are among the workplace shifts on tap for the year ahead.
The newly inaugurated US president has signed several executive orders aimed at ending diversity, equity and inclusion programmes, including calling for investigations of businesses.
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In a year defined by election-year upheaval, muted advocacy, the rapid dissolution of diversity programmes, and ongoing AI disruption, settling on hybrid work arrangements was one of the few areas where fashion firms found stability.
In a year defined by election-year upheaval, muted advocacy, the rapid dissolution of diversity programmes, and ongoing AI disruption, settling on hybrid work arrangements was one of the few areas where fashion firms found stability.
Many brands have stopped engaging with social and political issues, fearing a conservative backlash. That calculus may change when Trump returns to office.
Fashion schools have to play the long game in recruiting industry professionals who meet the high expectations of today’s students — from mentorship to staying on top of industry trends.
Elliott Hill’s return to Nike Inc. as CEO underscores broader industry challenges and the growing need for revitalisation.
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.