Online fashion retailer Boohoo said on Friday it would move all of its suppliers to a new auditing model over the next 12 months in its latest effort to address failings brought to light in media reports a year ago.
Amazon has been hit with an $886.55 million (746 million euro) European Union fine for processing personal data in violation of the EU's General Data Protection Regulation (GDPR), the e-commerce giant said on Friday.
If there's one sector that doesn't seem to be struggling, it's the market for counterfeit goods with Rolex, Louis Vuitton and Gucci featuring among the brands whose counterfeits are the most popular online.
The company's loan will be linked to its environmental performance, with a focus on two main indicators: direct emissions and indirect emissions generated by electricity purchased and consumed by the group.
At a time when the French luxury industry’s craft trades need to hire over 8,000 new artisans each year, the luxury giant has involved its 75 labels in a drive to promote craftsmanship skills and attract talent.
Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, parts and consumer goods, according to companies, economists and shipping specialists.
The Australian antitrust regulator on Thursday kicked off an inquiry into the local units of Amazon, Ebay and other online markets to ensure fairness in a sector where sales have soared through the Covid-19 pandemic.