Levi's announced its commitments to providing further financial support to its garment workers, after the company appeared on a list of brands that had not yet fully paid suppliers for already made product.
Levi Strauss & Co on Tuesday cautioned its business would be hit in the second half of the year, even as the brand’s sales have been improving at its reopened stores, following government-mandated Covid-19 lockdowns.
Talk about a concise couture concept. Chanel unveiled its latest haute couture collection on Tuesday online, a stylish video that referenced the legendary Paris nightclub Le Palace in just one minute and 22 seconds.
Fashion retailer AllSaints has won creditor backing for its UK and US CVA proposals. It means it can proceed with its plans to downsize the chains with a small number of closures and strike new rent deals.
The department store retailer has reportedly informed the landlords of its full-price namesake locations and its off-price Nordstrom Rack stores that it will only pay half of its occupancy costs for the rest of the year.
Intesa Sanpaolo has provided Moncler with a financing credit line for a maximum of 400 million euros linked to its sustainability objectives. The quilted jacket brand has also renewed its eyewear license with Marcolin.