LVMH, the world's largest luxury group, will invest more to improve its environmental credentials as fashion businesses seek to reassure shoppers who are increasingly drawn to eco-friendly brands, it said on Wednesday.
Paris will be the final fashion capital to host its Fashion Week, showcasing collections from designers and ready-to-wear labels from September 25 to October 3, 2017, previewing upcoming trends for spring/summer 2018.
After 3 years in charge of creativity for women's ready-to-wear at Guy Laroche, Adam Andrascik is handing over the reins to Richard René, who is maintaning his role as Creative Director at Vilebrequin.
U.S. department store operator Sears Holdings Corp is having trouble stocking shelves, as some vendors have fled while others are demanding stricter payment terms because of difficulties hedging against default risk.
The German shipping company has opened its largest European hub in Rugby, England. The facility will process a record 1.5 million parcels a day, part of the company's effort to keep pace with booming UK e-commerce.
Retailers in the UK, US, Germany and South Korea are under the most intense pressure to transform their business model due to industry disruptors like growing online shopping spend and fierce price wars.