Boohoo Group announced the results of its independent review into its UK supply chain on Friday and while company failings were highlighted, it was generally well received and the firm’s shares surged.
French luxury label Chanel on Thursday raised a 600 million euro bond with clauses linked to its environmental goals, as firms in a sector under scrutiny from waste-conscious shoppers ratchet up green initiatives.
The Canadian e-commerce company announced on Tuesday that two of its employees had stolen data from over 100 merchants, potentially compromising the personal data of consumers visiting the webstores in question.
Four former eBay Inc workers have agreed to plead guilty to participating in a cyberstalking campaign against a Massachusetts couple whose online newsletter they viewed as critical of the e-commerce company.
Amazon.com, the world’s biggest online retailer, announced the launch of a climate-friendly program on Wednesday to help customers shop for sustainable products, as part of its pledge to be net carbon neutral by 2040.
Ralph Lauren Corp said on Tuesday it would cut 15% of its global workforce by the end of this fiscal year as the luxury retailer strives to lower costs and ride out the impact of COVID-19 on sales and shopping habits.
A Delaware Chancery Court justice on Monday agreed to fast-track Tiffany & Co's lawsuit against French luxury goods conglomerate LVMH for trying to back out of its $16 billion deal to acquire the U.S. jeweler.
LVMH said it had submitted its takeover of Tiffany, which is now at the centre of a legal dispute between the two groups, for EU approval as it seeks to counter accusations that it stalled antitrust proceedings.
A French company is collecting fish skins that would otherwise wind up in restaurant trash cans, turning them into leather for use in watch straps and wallets, and pitching them at the high-end luxury market.