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Jack Ma loses title as China's richest man after coming under Beijing's scrutiny

Jack Ma loses title as China's richest man after coming under Beijing's scrutiny

Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators.
Fashion
Boohoo defends supplier practices after report of possible U.S. import ban

Boohoo defends supplier practices after report of possible U.S. import ban

Boohoo defended its supplier practices again on Tuesday after a report said the online fashion retailer faced the possibility of a U.S. import ban due to allegations over the use of slave labour in supplier factories.
Fashion
eBay and Adevinta to sell Shpock, Gumtree in UK to satisfy competition watchdog

eBay and Adevinta to sell Shpock, Gumtree in UK to satisfy competition watchdog

eBay and Adevinta said on Tuesday that the’ve reached an agreement that will satisfy the UK's competition watchdog over their planned megadeal for their classifieds businesses. 
Fashion
Uniqlo February sales edge up, brand inks Japan tennis deal

Uniqlo February sales edge up, brand inks Japan tennis deal

​Fast Retailing’s Uniqlo chain had a slightly less impressive month in February than it has enjoyed of late with same-store sales up 0.4% year-on-year and total sales rising 1.3%.
Fashion
H&M unveils Simone Rocha campaign, focuses on uplifting themes

H&M unveils Simone Rocha campaign, focuses on uplifting themes

​H&M has unveiled its new campaign to support the Simone Rocha collaboration collection that debuts next week. It was shot by Tyler Mitchell “in his signature optimistic style”.
Fashion
Bestseller's Vero Moda and Name It embrace live-stream shopping

Bestseller's Vero Moda and Name It embrace live-stream shopping

​As more and more reports suggests that live-stream commerce will be key in this decade, Bestseller has embraced the trend and has just held live-stream events for two of its brands.
Fashion
Gucci launches collab with Tommey Walker’s Detroit vs. Everybody

Gucci launches collab with Tommey Walker’s Detroit vs. Everybody

As part of its Gucci Changemakers social impact initiative, the Italian luxury brand has released a collaborative t-shirt collection with designer Tommey Walker and his label Detroit vs. Everybody.
Fashion
Hollister teams up with TikTok Stars for teen mental wellness

Hollister teams up with TikTok Stars for teen mental wellness

American teen retailer Hollister is partnering with several TikTok stars and donating $1 million to several organizations nationwide, all in support of mental wellness. 
Fashion
Macy's appoints new chief information officer, streamlines leadership structure

Macy's appoints new chief information officer, streamlines leadership structure

The New York-based department store retailer announced on Monday that it has named Laura Miller as its new chief information officer and made a series of other senior leadership changes as part of its Polaris strategy.
Fashion
Lawsuit accuses Amazon of 'systemic' racism in corporate offices

Lawsuit accuses Amazon of 'systemic' racism in corporate offices

​A manager at Amazon sued the online retailer for discrimination on Monday, saying it hires Black people for lower positions and promotes them more slowly than white workers, and that she was subjected to harassment.
Fashion
Nike's North American head steps down after report reveals ties to resale business

Nike's North American head steps down after report reveals ties to resale business

Nike Inc on Monday announced the departure of North American business general manager Ann Hebert, days after a report that her son used a credit card in her name to purchase sneakers for his resale company. 
Fashion
Foot Locker posts 5.7% decline in revenue in 2020

Foot Locker posts 5.7% decline in revenue in 2020

The American owner of stores including Foot Locker and Runners Point has announced revenue of $7.55 billion for 2020, down 5.7% from the previous year, while the company's net earnings fell 34% to $323 million. 
Fashion
IFM Master's students open Paris Fashion Week

IFM Master's students open Paris Fashion Week

Paris Fashion Week has never been the easiest of cities for young hopefuls, though that lacuna underwent a major shift on Monday, when the Master's students of the Institut Français de la Mode opened the runway season. 
Fashion
Model lives upended by Covid

Model lives upended by Covid

Normally, at this time of year, the world's fashionistas would have descended en masse on Paris for the latest womenswear collections. Instead, models are having to find new ways to keep their careers afloat.
Fashion
Lacoste unveils collab collection with rock star Bruno Mars

Lacoste unveils collab collection with rock star Bruno Mars

Lacoste has channelled the inner alter ego of rock star Bruno Mars, a figure named Ricky Regal, in its latest collaboration, revealed this weekend in Los Angeles.
Fashion
More calls for retail tax changes, support for female-focused businesses in budget

More calls for retail tax changes, support for female-focused businesses in budget

Ahead of Wednesday’s key budget, the government has received calls to cut retail taxes and provide extra support for women in business.
Fashion