Miscellaneous
The latest news
Shoppers in England and Wales flock to physical stores on reopening day
They’re back! Shoppers were out in full force up and down the high streets and shopping centres of England and Wales for the grand reopening of non-essential retail on Monday (12 April).
Fashion
Hammerson prepares to sell UK retail parks portfolio to Canada’s Brookfield
Hammerson is selling its UK retail parks to Canadian private equity firm Brookfield for around £350 million, according to one report. However, on Monday, Hammerson said any deal is far from being sealed.
Fashion
McArthurGlen opens Designer Outlet West Midlands
April 12 sees the opening of McArthurGlen’s latest outlet centre with the debut of the £160m Designer Outlet West Midlands. The company said it’s the only standalone shopping centre to open in the UK this year.
Fashion
Maisie Williams is H&M sustainability ambassador, deal starts with game appearance
H&M has named Maisie Williams as its Global Sustainability Ambassador with the link-up representing a huge ambition as it says it wants “to change the future of fashion”.
Fashion
Monsoon opens new concept store, will be first of many
Monsoon has chosen the big reopening day for much of the UK to unveil its new store concept, which will be the first of a new chain of boutique stores.
Fashion
China fines Alibaba record $2.75 billion for anti-monopoly violations
China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years.
Fashion
Shanghai Fashion Week combines packed international runway with online innovation
Postponed for almost two weeks due to Covid-19, Shanghai Fashion Week kicked off on Tuesday, 6 April, opening nine days of physical runway shows, exhibitions, tradeshows and online events.
Fashion
Failed Amazon union effort renews call for updated U.S. labor laws
A failed attempt to unionize Amazon.com warehouse workers shows why Congress needs to pass proposed legislation to protect labor unions against corporations’ anti-organizing efforts, Democratic lawmakers said Friday.
Fashion
Amazon.com warehouse workers vote to reject forming union in Alabama
Amazon.com warehouse workers in Alabama voted against forming a union by a more than 2-to-1 margin in a major win for the retailer, but the union said it would challenge the results, citing election interference.
Fashion
ASOS is raising £500m for more global expansion
Backed by impressive half-year trading figures and new £500 million financing, online fashion giant Asos said Friday it’s set for major international growth.
Fashion
Game-changing new Frasers store set for for Monday debut
As shops in England return on Monday, Frasers Group will open a milestone development. It’s the first brand-new Frasers store in the UK with a debut in Wolverhampton.
Fashion
H&M to launch collab with Liya Kebede's Lemlem this month
H&M has announced its latest label collaboration and said it's linking up with Lemlem, the womenswear brand founded by Ethiopian supermodel, actress and women’s empowerment advocate Liya Kebede.
Fashion
StockX valued at $3.8 billion after latest funding round
The Detroit-based online resale platform announced on Thursday that it has completed a new funding round, bringing the company’s total valuation up to $3.8 billion.
Fashion
Myanmar crisis sounds death knell for garment industry, jobs and hope
Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers.
Fashion
Amazon union election tally expected to start, turnout 55%
U.S. regulators are expected to start tallying votes in Amazon.com Inc’s closely watched union election in Alabama later on Thursday or early Friday, union officials said.
Fashion
Attendance at Shanghai’s textile/apparel shows back to normal
Shanghai’s Intertextile, Chic, PH Value and Yarn Expo shows recorded a high turnout on March 17-19, with attendance figures of up to 88,000 visitors, a return to numbers similar to those of 2019.
Fashion