At a spruced-up pilot store in H&M's home town of Stockholm, the chain founded in 1947 is testing new concepts that mark a break with its past, and partly echo some tactics already deployed by rivals to attract shoppers.
Fashion giant H&M is failing to fulfill a pledge to ensure garment workers who supply its high-street stores are paid a fair “living wage”, forcing many employees to work excessive hours in order to survive, says group.
Almost as much as he is a designer Alessandro Michele is a cultural phenomenon. Michele’s fashion shows for Gucci, where he is creative director, are more artistic happenings than mere displays of clothes.
The Little Market, former MTV star Lauren Conrad's lifestyle brand, has opened its first brick-and-mortar shop in Palisades Village, the recently opened outdoor retail center in Los Angeles' Pacific Palisades.
U.S. fashion group Michael Kors Holdings has sealed an agreement to take control of Italy's Versace, three sources familiar with the matter said on Monday, adding that an official announcement would be made this week.
A major credit insurer has cut the cover it will give for Arcadia suppliers with Euler Hermes reportedly writing to clients in the past fortnight as the fashion sector sees a wave of credit insurance cuts.