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Amazon raises minimum pay in Germany to 12 euros per hour

Amazon raises minimum pay in Germany to 12 euros per hour

Amazon will guarantee an entry-level wage at its German warehouses of 12 euros ($15) an hour, the company said on Friday in the face of a long-running battle with a top labour union.
Fashion
Stella McCartney heads to G7, at BFC Forum says eco is "the future of fashion"

Stella McCartney heads to G7, at BFC Forum says eco is "the future of fashion"

One of fashion’s biggest names has issued a warning to the fashion sector not to get too complacent about current green drives as there’s a lot more work to be done, with legislation also needed. 
Fashion
Fast fashion still uses too many virgin synthetics - report

Fast fashion still uses too many virgin synthetics - report

Must do better. Nearly half the women's clothes being sold by leading UK-based online retailers are still made entirely from new plastics, according to a Royal Society for the Arts (RSA) report. 
Fashion
Klarna raises new finance, value approaches $46bn

Klarna raises new finance, value approaches $46bn

​Buy-now-pay-later (BNPL) giant Klarna has raised new capital in a deal that not only values it at a massive $45.6bn but gives it a valuation as much as $14bn higher than its last fundraising round as recently as March.
Fashion
British watchdog plans investigation into Amazon's use of data

British watchdog plans investigation into Amazon's use of data

Britain's competition watchdog is planning a formal competition investigation into e-commerce company Amazon.com Inc, according to reports on Thursday.
Fashion
Amazon to ask staff to return to office for three days a week

Amazon to ask staff to return to office for three days a week

Amazon.com Inc said on Thursday some corporate employees will be offered the option to return to office for three days a week and work remotely for the other two days.
Fashion
U.S. senator slams Apple, Amazon, Nike, for enabling forced labour in China

U.S. senator slams Apple, Amazon, Nike, for enabling forced labour in China

A U.S. senator on Thursday slammed American companies, including Amazon and Nike, for turning a blind eye to allegations of forced labour in China, arguing they were making US consumers complicit in repressive policies.
Fashion
H&M Foundation launches virtual collection to help fund innovative start-ups

H&M Foundation launches virtual collection to help fund innovative start-ups

​An interesting development from H&M. The Swedish fashion retail giant said on Thursday that the non-profit H&M Foundation has launched a “virtual collection designed to make the planet last”.
Fashion
H&M partners with Japanese brand Toga

H&M partners with Japanese brand Toga

H&M has announced a collaboration with Tokyo-based independent luxury label Toga. The collection will comprise reimaginings of Toga’s archival hits for men and women, given contemporary twists.
Fashion
Large number of Oxford Street units are empty - report

Large number of Oxford Street units are empty - report

Some 17% of Oxford Street’s properties are currently standing empty, it was claimed on Thursday, with the reason being about the rise of online shopping as well as the pandemic.
Fashion
Top U.S. antitrust lawmaker targets Big Tech with new bills

Top U.S. antitrust lawmaker targets Big Tech with new bills

Lawmakers in the House of Representatives are working on drafts of five antitrust bills, four of them aimed directly at reining in Big Tech, and may introduce them within days, according to three sources.
Fashion
Gap to close 19 UK and Irish stores

Gap to close 19 UK and Irish stores

​Gap has confirmed that it’s to close 19 UK and Republic of Ireland stores this summer. It follows a bruising pandemic period and news backs in October that the US firm was launching a review of its European business.
Fashion
Lockdown end means UK online sales drop, but fashion is still on a high

Lockdown end means UK online sales drop, but fashion is still on a high

​Online sales in the UK fell 9.1% year-on-year last month, although this was against a 61% increase in May 2020. And even with the fall, spend remain strong with sales volumes rising 46% compared to May 2019.
Fashion
Inditex recovery under way in Q1, latest quarter starts strongly

Inditex recovery under way in Q1, latest quarter starts strongly

​Inditex bounced back with a vengeance in Q1 with the Spanish fashion retail giant reporting higher profits and saying its sales grew 50% year-on-year. Sales in Q2 so far have also exceeded those of Q2 2019.
Fashion
Vera Bradley partners with Classic Accessories for outdoor living collab

Vera Bradley partners with Classic Accessories for outdoor living collab

The women’s fashion accessories brand has teamed up with the outdoor furnishings manufacturer for a limited-edition, co-branded outdoor living collection featuring signature Vera Bradley prints.
Fashion
Wolverine Worldwide predicts Q2 sales above 2019 levels

Wolverine Worldwide predicts Q2 sales above 2019 levels

The outdoor apparel and footwear group has announced that it expects its second-quarter sales to exceed the figures achieved by the company in the same period two years ago, before the impact of the Covid-19 pandemic.
Fashion