China warns firms not to engage in politics over Xinjiang
H&M, Burberry, Nike, Adidas and other Western brands have been hit by consumer boycotts in China since last week over comments about their sourcing of cotton in Xinjiang….
EU banking watchdog eases payments rules to boost competition
The European Banking Authority Chairman Andrea Enria said changes have been made to the watchdog’s draft rules that flesh out the bloc’s revised payments services law from January…
New York Senate Labor Committee passes Fashion Workers Act again
The pro-labor legislation, first introduced by Senator Brad Hoylman and Assembly member Karines Reyes in March 2022, aims to regulate predatory management agencies in New York that currently…
Protesters shut luxury Paris store La Samaritaine
Owned by the French LVMH luxury giant, La Samaritaine re-opened in June last year after a 750-million-euro (800-million-dollar) facelift and renovation carried out over 16 years.”La Samaritaine is…
U.S. urges countries to suspend digital taxes, supports OECD talks
As the United States is poised to impose tariffs of up to 100 percent on $2.4 billion in French products over that country’s digital services tax, Mnuchin said…
UK could clamp down on influencer advertising over mental health impact
MPs claim regulation and employment protection has failed to keep pace with the growth of online influencer culture, “leaving those working in the industry with a lack of…
UK consumers to outspend Europeans for Christmas says new research
That willingness to spend could also be a reason retail sales were so weak in October after September had looked relatively bright. Perhaps shoppers are saving their cash…
Fashion brands rally to donate to Australian bushfire relief
PVH Corp, the parent brand of companies including Calvin Klein and Tommy Hilfiger, has pledged an AUD $100,000 donation to the Australian Red Cross Disaster and Recovery Fund,…
Walmart moves against suggested Yeezy logo
Walmart filed a notice of opposition with the U.S. Patent and Trademark Office last week against a trademark application filed by Kanye West’s Yeezy company in 2020.Walmart claims that the proposed…