Coats launches software division for the fashion industry
The industrial thread manufacturer, whose clients include Nike, H&M Group, Under Armour and Gap, said the new business unit called Coats Digital will encompass multiple software brands…
Online revolution- 95% of Brits have shopped online in past six months, survey finds
According to research conducted by and business process outsourcing expert Webhelp, only 5% of UK shoppers said they hadn’t bought anything online in the last six months, and…
Puma is ‘most sustainable fashion brand’ using this surprising measure
And it has concluded that Puma is the most sustainable on this measure, followed by The North Face and Tommy Hilfiger.For its fashion Energy Report, Utility Bidder…
Middle East luxury market to double in size by 2030, says BCG
Other studies seem to confirm these expectations. A report recently published by Altagamma, summarising the opinions of about 20 analysts, has for example revised the association’s forecasts…
UK BNPL crackdown gets closer, Millennials and Gen Z are key BNPL debtors
It means lenders will need to undertake more robust affordability checks on borrowers and offer clearer information, only issuing credit that’s “genuinely affordable”.And financial watchdogs will have the…
South Koreans boycott Japanese brands as diplomatic row intensifies
It was Cho’s way of taking a stand against Japan in a quickly worsening political and economic dispute between the two east Asian neighbors.Such anger has prompted…
Puma pledges 35% reduction in carbon emissions by 2030
The science-based target will ensure the company’s goals are aligned with the Paris Agreement, which aims to limit global warming to well-below 2°C above pre-industrial levels.Puma has…
Spanish designer dresses last brides as coronavirus halts weddings
She is finishing the dress herself because her employees are in quarantine and her factory has been shut since March 16 after two workers tested positive for…
Trump’s tariff hike on $200 billion of Chinese goods takes effect
The grace period was not applied to three previous rounds of tariffs imposed last year on Chinese goods, which had much longer notice periods of at least…