The Swedish company is strengthening its logistics infrastructure in Spain, where it plans to open a new distribution centre in Toledo. The site will be the brand’s second in the country and the largest by surface area.
Pablo Isla has topped Harvard Business Review’s list of the best-performing CEOs in the world for the second year in a row. LVMH's Bernard Arnault came in third, followed by François-Henri Pinault of Kering.
Piper Jaffray has released the results of its 36th “Taking Stock With Teens” study, showing that Gen-Z girls are now spending three times more on beauty than accessories, while streetwear still dominates apparel trends.
North Korea imported at least $640 million worth of luxury goods from China last year, in defiance of U.N. sanctions outlawing such trade over North Korea’s nuclear and missile programmes, a South Korean lawmaker said.
Moody’s on Monday said the withdrawal of a duty-free trading access by the European Union for Cambodia over the Southeast Asian nation’s human rights record would have a negative effect on European investments.
Everlane announced it will completely eliminate new, "virgin" plastic from its supply chain by 2021. The label also announced the launch of ReNew, a line of outerwear made from discarded plastic bottles.
The new North American trade agreement ends key legal protections for many US businesses operating in Mexico, leaving their operations exposed to a risk they had avoided under the old trade deal: Mexico's court system.