Beijing - Tencent’s billionaire founder Pony Ma — China’s second richest man — has met anti-monopoly regulators and agreed his firm will be “as compliant as possible”, after rival tech giant Alibaba was battered by legal woes. Tencent, which owns the super-app WeChat and a lucrative gaming empire, is […]

Swedish clothing giant H&M's decision to no longer source cotton from China's Xinjiang region is drawing a backlash as the Asian country adopts an increasingly assertive stance against accusations of human rights violations. The fashion retailer's products had vanished from Chinese tech titan Alibaba's […]

French premium fashion group SMCP swung to a full-year loss in 2020 as its operations were impacted by the pandemic, but it remained upbeat on its recovery in China and strong digital sales. The group, whose portfolio includes brands Sandro, Maje, Claudie Pierlot and De Fursac, reported a net loss of […]

US outdoor brand Woolrich has launched the Woolrich Outdoor Foundation in partnership with 1 Percent for the Planet. The foundation will allocate funds and resources to protect the brand’s three core pillars - forests, coastlines and urban space as part of its strategy to preserve the outdoors for communities […]

Italian luxury label Corneliani is getting a 7 million euro investment from Investcorp. The company, which was hard hit by the COVID-19 pandemic, has now been thrown a lifeline by the Bahrain-based investment fund, which is creating NewCo, to invest in the label. The news was reported by WWD. Investcorp […]

Initially the prospect of teaching fashion sketch remotely filled me with dread. I thought longingly about the wooden horses and easels of past classrooms in which I had taught drawing for fashion. The live models, and the suitcase of vintage garments they would generously bring to wear while they posed, […]

Global investment firm The Carlyle Group has acquired a majority stake in luxury, streetwear and sportswear retailer End. In a statement, The Carlyle Group said it was acquiring the stake from founders Christiaan Ashworth and John Parker, who will retain a “significant minority stake” and remain co-chief […]

Ben Barry will assume his new role as Dean of Fashion at Parsons School of Design this summer. In his former role as Chair of Fashion at Ryerson, he established himself as a leading voice of social change through the medium of fashion education. FashionUnited caught up with him to hear what he hopes […]

US fashion group G-III Apparel has reported a 30.3 percent drop in net sales for the fourth quarter of the year. For the three months to January 31, 2021, the Nasdaq-listed company’s net sales fell to 526.2 million dollars from 754.6 million dollars a year earlier. The company, which owns brands DKNY […]

Following the military coup in Myanmar on 1st February 2021, a state of emergency has been declared in the Southeast Asian country, which is an attractive sourcing location for the textile and garment industry. Tens of thousands of people are taking to the streets every day, demanding the release and […]

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