Britons throw away £12.5 billion worth of clothing every year, much of it simply sitting in landfill sites, according to new research. And behind that is a story of how modern fast fashion creates a throwaway culture.
The United States opened the way for more exemptions from its steel and aluminium tariffs on Friday, after pressure from allies and lawmakers, further diluting the measures just a day after they were formally announced.
The European Commission demanded on Thursday that Britain pay 2.7 billion euros of customs duties that should have been collected on Chinese imports of Chinese footwear and textiles but were not due to fraud.
PVH Corp's CEO and Chairman Emanuel Chirico announced he is leading the company to join the CEO Action for Diversity & Inclusion, a coalition of 350 CEOs committed to advancing inclusion and diversity in the workplace.
Britain’s statistics watchdog said it was concerned that the retail price index (RPI), an older measure of inflation which is still used as a benchmark for government bonds and consumer contracts, remained in widespread use.
The Hugo Boss supervisory board decided at a meeting on Wednesday to extend the contract of CEO Mark Langer for a further three years. He will continue to serve as CEO of the German brand until December 2021.