Alibaba injects extra $634 million into Lazada
On Thursday November 13, Lazada issued a share placement with Alibaba’s Singaporean subsidiary, according to a statement filed with local authorities. It is not the first operation…
Amazon workers in Germany to strike over pay as U.S. retailer plans 13th warehouse
The strikes, under the motto ‘No more discount on our incomes”, will coincide with Amazon’s Prime Day when the U.S. online retail giant offers its ‘Prime’ customers…
BCA & ICAL to organise Bangladesh-India Cotton Fest
The highly valued event aims to promote and protect the interest of cotton agents, traders, growers, ginners, etc. Trade bodies like federation of Bangladesh chambers of commerce…
H&M Group and partners in new deal to scale textile-to-textile recycled polyester
The retailer has an offtake agreement with Syre worth a total of US$600 million over seven years, “covering a significant share of [its] long-term need for recycled…
Humans of Fashion Foundation launches with new app to combat sexual misconduct
The new platform aims to offer guidance and support to victims of sexual harassment, abuse and misconduct in the fashion industry by connecting them with pro bono…
Australia cuts wool output forecast to at least 21-year low as dry weather bites
Wool production during the 2018/19 season will total 385,000 tonnes, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) said, down from an estimate in…
Giving Tuesday initiatives implemented by swath of luxury, apparel brands
CEO Stacey Boyd founded Olivela after visiting a Kenyan refugee camp benefitting from the Malala Fund, an international nonprofit organization that advocates for girls’ education. The concept…
Heritage brand Peregrine dives deep into eco wool sourcing
“With a deep commitment to British farming and in recognition of the global climate and ecological crises, transitioning to UK-sourced regeneratively farmed wool is the logical next…
Guess is about to make its jeans more sustainable
The LA-based fashion and lifestyle brand has committed to developing its denim according to the initiative’s ‘Jeans Redesign Guidelines,’ which have established minimum requirements in a bid…
L’Oréal receives ‘Triple A’ status for its environmental efforts
The organization scores around 6,800 companies annually in terms of the steps they are taking regarding climate change, deforestation and water security, rating them from A through…