
Buy now, pay later (BNPL) may be expanding fast but a key name in the process, Sweden’s Klarna, saw its operating losses widening in the first half of the year, despite surging turnover.
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Buy now, pay later (BNPL) may be expanding fast but a key name in the process, Sweden’s Klarna, saw its operating losses widening in the first half of the year, despite surging turnover.
The Ethical Trading Initiative (ETI) has questioned the independence of a QC-led probe into working conditions and worker’s rights at Boohoo factories in Leicester.
H&M has unveiled a collaboration with luxury Italian brand Giuliva Heritage. The family-owned tailoring specialist is known for its menswear silhouettes applied to womenswear and also for its sustainability.
Garment workers supplying global fashion brands have been underpaid or not paid at all during the coronavirus crisis, with lost wages potentially amounting to nearly $6 billion, researchers have said.
South African retailer TFG said it has concluded the agreement to buy select assets of budget clothes retailer Jet from the administrators of rival Edcon and expects to meet all conditions by the end of September.
H&M and Boltware, a Berlin-based wearable technology solution company, have jointly developed Wearable Love, a jeans jacket that can mimic the feeling of being touched. The shoulders are embedded with flexible sensors.
Fashion giant H&M said on Thursday it has suspended a number of employees over the use of a racial slur relating to the name of a hat to be sold at stores of its & Other Stories brand.
United Nations experts estimate that at least a million Uighurs and other Muslims are held in detention centres in Xinjiang. China has denied mistreatment.
UK retailers are urging strong government action as they deal with the Leicester garment factory scandal. The main company in the spotlight, Boohoo Group, and others are calling for a factory licensing system.
H&M’s Arket label will become the latest of the group’s brands to launch on Zalando with a debut on August 21. It joins H&M’s Weekday and Monki, which are already available on the giant European platform.