China’s Shandong Ruyi is continuing its growth-through-acquisition strategy with the textile and apparel conglomerate saying it has finally completed its acquisition of Invista’s Apparel & Advanced Textiles business.
Karl Lagerfeld has announced plans to partner with Carine Roitfeld, inviting the noted stylist to collaborate in his signature fashion house. It will be named The Edit, her curation of Kl essential pieces.
Japanese textile company Toki Sen-I Co. is suing Kanye West and his brand for alleged breach of contract, fraud and negligent misrepresentation, claiming that the rapper’s company held out on a payment of over $600,000.
Chinese consumers should outspend their American counterparts in 2019, with retail sales in the Asian giant continuing to grow in the coming years, according to an industry forecast published Wednesday.
The BFC and the main group representing creative businesses in the UK have both joined the calls for a second Brexit referendum as the debacle around the UK's exit from the EU sees the country on a business cliff edge.