Loro Piana has announced the winners of the sixth edition of its international Knit Design Award competition. The winners were students Po-Chieh Chiu and Shanon Poupard from the Institut Français de la Mode, Paris.
London-based jewellery brand Astrid & Miyu has marked its 10th anniversary with the debut of its first permanent international store in New York. The opening follows a number of pop-ups in the city in previous years.
The top U.S. consumer watchdog on Wednesday said it had begun a review of "excessive" credit card fees and asked card issuers for data on revenue and expenses in a bid to stamp out abuses and boost competition.
Franchise Group is considering lowering its bid for department store chain Kohl's Corp to closer to $50 per share from about $60 apiece, CNBC reported on Wednesday, citing a source familiar with the deal talks.
Ebay Inc. announced on Wednesday it has acquired non-fungible token marketplace KnownOrigin for an undisclosed amount, as the U.S. e-commerce marketplace looks to strengthen its product offering for digital collectors.
As childrenswear is increasing its presence in the overall assortment of fast-fashion retailers, the latter are rebalancing the share of boys’ and girls’ products in their range, according to Retviews by Lectra.
JD Sports fashion had good news on Wednesday as it reported results for the year to 29 January. Revenue rose to £8.563 billion from £6.167 billion with gross profit edging up and pre-tax profit soaring.