Frasers U-turn after saying ‘health essential’ Sports Direct to stay open

But after calling for guidance from the government, it said the stores would stay closed (even though “bicycle shops” are allowed to open), until it’s specifically told they can open.The company had written to its staff very quickly after prime minister Boris Johnson announced a virtual lockdown for the UK with CFO Chris Wootton saying at the time: “We stock a huge range of sports equipment d…

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Givaudan to buy cosmetics arm of natural ingredients specialist Indena

The Geneva-based group simply indicated in a press release that, in relation to the results of the 2018 financial year, the business would represent an extra €8 million in revenue on a pro forma basis.Givaudan has struck a deal with Indena with a view to buying the latter’s cosmetics business, and setting up a long-term supplier partnership. The Swiss group stated that the acquisition is expe…

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LVMH to employ 2,500 craftsmen in Italy within two years

As the world’s leading luxury enterprise, LVMH annually allocates approximately 100 million euros to the peninsula. With a presence comprising six brands and 35 manufacturing facilities, it sustains a workforce of 12,000 individuals, among whom 7,000 are artisans and creatives employed across 35 sites and nearly 250 boutiquesคำพูดจาก Read more

Marcolin and Timberland Eyewear link up with Treedom to plant trees

It’s just the latest in a series of green initiatives embraced by big names in the fashion and accessories sector.Marcolin said that it has chosen, together with its Timberland Eyewear brand, to collaborate with Treedom to “develop sustainable projects with partners who care about the future of the planet”.

Timberland and Treedom, are committed to plant 50 million trees around the w…

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Nike investors reject pay equity, human rights proposals

One of the resolutions, filed by Massachusetts-based investment adviser Arjuna Capital, called on Nike to provide more data on pay equity for female and minority employees.The second, filed by shareholder advocacy group Tulipshare, asked the company to issue a report on whether its supply chain policies effectively address Nike’s stated equity goals and human rights commitments.

Prop…

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Puma takes step forward in reducing textile waste with polyester tech

It’s replacing recycled polyester with RE:FIBRE tech in all of its football Club and Federation replica jerseys from 2024 onwards. It launched a pilot in 2022 and has produced recycled training jerseys for its sponsored football clubs since then. It has also used the tech to create Switzerland and Morocco replica kits for the Women’s World Cup. 

For next year, official Puma football…

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Trump says Republican border tax could boost U.S. jobs

“It could lead to a lot more jobs in the United States,” Trump told Reuters in an interview, using his most positive language to date on the proposal.Trump sent conflicting signals about his position on the border adjustment tax in separate media interviews in January, saying in one interview that it was “too complicated” and in another that it was still on the table.   

“I certainly su…

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Love Island to give big boost to fashion brands

“Popular TV programmes such as Love Island can wield huge influence over shopping habits,” said Mike Klinkhammer, director of advertising sales EU at eBay, which released a series of insights revealing the extent of the show’s popularity.Last year, searches for “yellow playsuit” on Ebay.co.uk shot up by 276% after TV host Caroline Flack sported a bright number in the opening series. O…

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