The New York-based owner of Calvin Klein and Tommy Hilfiger announced on Tuesday that it has joined the Global Fashion Agenda, Fashion for Good and the Ellen MacArthur Foundation Make Fashion Circular Initiative.
Amazon has announced plans for the first Alabama fulfillment center to be located in Bessemer, which will create 1,500 full-time jobs. The company currently operates a sortation center in Mobile, Alabama.
News that recently imposed import tariffs are starting to disrupt supply chains and conflicting government signals over proposed restrictions on foreign investment sent global stock markets tumbling on Monday.
The U.S. Supreme Court has sided with American Express, ruling the company’s policy of forbidding merchants from encouraging customers to use rival credit cards with lower fees does not violate federal antitrust law.
After heated exchanges at the beginning of the month, the Rapaport Group has released a statement accusing the international diamond mining and retail corporation of "destroying transparency" in the industry.
New Zealand-based outdoor retailer Kathmandu is the first southern hemisphere brand to receive its Fair Labor Association accreditation from the U.S., joining the ranks of Patagonia, Columbia and Nike.
The UK Parliament is to look at the social and environmental impact of fast fashion with a committee examining issues such as carbon footprints, resource use and the water footprint of clothing during its lifecycle.
Turkey will start implementing on Thursday retaliatory tariffs worth $266.5 million against the United States over ‘ill-advised’ tariffs enacted by Washington. Turkish cosmetics will be affected by the increase.
China’s commerce ministry on Thursday accused the U.S. of being “capricious” over bilateral trade issues, and warned that the interests of workers and farmers ultimately will be hurt by Washington's decisions.