Designer Brands commits $2 million to first Black-owned U.S. footwear factory

Located in Detroit, PLC is the first and only Historically Black College & University (HBCU) in Michigan and the first HBCU with a focus on design. As part of the partnership, Designer Brands will invest in the first Black-owned footwear factory in the United States – JEMS by Pensole – to produce shoes designed by PLC graduate students, to be sold exclusively at DSW. “We see the footwear…

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Amazon executive says company welcomes scrutiny of big tech

“Substantial entities in the economy deserve scrutiny, and our job is to build the kind of company that passes that scrutiny,” Jeff Wilke, the CEO of Amazon’s consumer business, said at a press conference in Las Vegas.A report by news site Vox on Tuesday said the U.Sคำพูดจาก สล็อตเว็บ…

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Filippa K, Mistra Future Fashion support eco fashion

The idea of this project is to implement insights from Mistra Future Fashion in a real fashion industry context, focusing on speed of use and maximizing fabric value retention in products. The project is expected to generate meaningful and industry-aligned insights towards a ‘systemic change’ in the fashion industry.”We want to be able to enjoy fashion and update our wardrobes in a conscious wa…

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In a Nike factory in Argentina’s hinterland, the ghost of Macri’s fall

When his key card for the turnstile failed, Aquino realized the rumors were true. The plant was cutting hundreds of workers as orders from the U.S. apparel giant stalled, amid a swirling economic crisis that has plunged the country into recession for most of the last year.The Nike factory in Misiones province, one of Argentina’s poorest, is proving to be the tip of the icebergคำพูด…

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France sees global tax deal on digital giants in 2019

Some 127 countries and territories agreed last month to tackle some of the most disputed issues of international taxation, such as where digital firms’ cross-border income should be taxed.France has spearheaded efforts at the EU and on the international level to change rules that currently enable companies such as Facebook and Google to reduce their tax bills by booking revenue in low-tax cou…

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Gant partners with Waterkeeper Alliance in ocean plastic recovery efforts

The long-term partnership will have Gant fund and support a series of initiatives that patrol rivers, streams and coastlines on six continents. Its first project will be to support Waterkeeper Alliance’s Ocean Plastic Recovery Initiative in its expansion in the Nicoya Peninsula in Costa Rica.“With fashion production contributing to the pollution of our waterways, we need to be more consciou…

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Luxury industry mergers & acquisitions up 22% in 2018 according to Deloitte

In fashion in particular, 2018 was marked by the resounding €1.83 billion acquisition of Italian label Versace by US group Michael Kors, which then changed its name to Capri Holdings. It is worth noting that 2017 was quite a flat year in terms of merger operations: only six extra deals were recorded compared to 2016, which instead produced 70 more deals than 2015.Top of the ranking for 2018 w…

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Online shift in focus as London retail park converts to warehousing

While retail parks have been the most buoyant UK retail destination types, the survival of many is still in doubt and now the Ravenside site in Edmonton is to be converted after its acquisition by Prologis. It’s worth more to the owner as a distribution hub for all those e-tailers that need vast warehouses to service their webstores. Pureplays like Amazon, Argos, Boohoo and Asos are snapping…

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MMU and Manchester authority link up for fashion waste task force

Called the ‘GM Sustainable Textiles and Fashion Group’, it will include Manchester Metropolitan University experts, the Greater Manchester Combined Authority (GMCA), the Manchester Fashion Institute and fashion and textile companies to find solutions to the region’s growing waste problem. To do this, a range of methods will be explored, including evaluating recycling and sorting practice…

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Hong Kong seizes record $154 mn in luxury goods headed to China

The haul included an array of highly sought-after items such as luxury watches, handbags, cosmetics and fins from endangered marine species.Officials said the goods were worth about HK$1.2 billion ($154 million), by far the largest seizure made by the city’s customs agents.

The operation took place on October 14 when customs discovered what they said was a suspicious vessel that claimed t…

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