Affected by a tough traditional menswear market, the historic Italian label will be closing its factory in Carate Brianza north of Milan. The site employs 134 workers and ceased operations on Wednesday.
A UK parliamentary report has criticised Amazon and eBay for not doing enough to prevent tax fraud on their online market places and recommended the government hold the online giants accountable for tax lost to evaders.
Ebay Authenticate has launched to target shoppers buying and selling handbags. Sellers send the handbag to Ebay's team of experts who examine the bag and validate its authenticity before the buyer receives it.
Trade unions on Tuesday hailed a landmark ruling allowing complaints to proceed against two global fashion brands for allegedly violating an agreement to improve building safety in garment factories in Bangladesh.
Net-A-Porter is set to launch artificial intelligence/robotic tech designed to select clothing for customers based on any future plans they might have, such as going on holiday, attending an event, or starting a new job.
U.S. weed specialists doubted on Friday that new federal restrictions on the use of a controversial weed killer, sold by Monsanto Co and BASF, will prevent recurrences next year of crop damage linked to the chemical.