Alibaba Group will invest 100 billion yuan ($15.5 billion) by 2025 in support of "common prosperity", it said, becoming the latest corporate giant to pledge support for the initiative driven by President Xi Jinping.
China's regulatory crackdown is being waged to build a prosperous market economy and criticism from the United States and the West that it is taking "a backward step" are smears, the Global Times said on Tuesday.
Supima, the non-profit organization that promotes the use of what many regard as the cashmere of cotton, will stage a live joint runway show during next month’s New York Fashion Week, hosted by stylist Law Roach.
E-commerce powerhouse JD.com has established a union for its staff, a landmark move in the country's tech sector where organised labour is extremely rare.
In June, one of the nation’s largest and most influential unions vowed to make organizing the Amazon.com Inc workforce a top priority. Two months later, the plan is starting to take shape.
Amazon.com Inc is planning to hire 55,000 people for corporate and technology roles globally in the coming months, Chief Executive Andy Jassy said.
Bolt Threads announced on Wednesday that its Mylo faux leather has been verified as a vegan material after successful completion of the Eurofins vegan verification programme, which includes detecting animal DNA.
China's market regulator proposed amendments to the country's e-commerce law, saying that licences can be revoked if the platforms fail to take necessary measures against vendors infringing intellectual property rights.
Amazon has asked India's market regulator to order withdrawal of conditional approval given to its warring partner Future Group's $3.4 bn retail assets sale, a letter showed.
Alibaba dismissed 10 employees for publicizing a female colleague's account of sexual assault allegations against a former manager, according to reports on Monday.
The Council of Fashion Designers of America has published its annual report for 2020, highlighting initiatives implemented to support the U.S. fashion industry in the face of the Covid-19 pandemic.
French consumer confidence eased marginally in August despite a surge in coronavirus cases and new rules requiring a health pass to enter many retail outlets, a monthly survey showed on Friday.
Major global retailers agreed to extend a legal agreement with garment workers and factory owners in Bangladesh that subjects retailers to legal actions if their factories fail to meet labour safety standards.
The Grammy award-winning singer has launched LITA by Ciara, a sustainable women’s fashion label seeking to provide affordable luxury.
Re-commerce specialist Trove has closed a $77.5 million Series D funding round led by G2 Venture Partners, bringing its total funding so far to $122.5 million as it seeks to grow in Europe and enter luxury.
