As Shein, a retailer known for its ultra-low prices, prepares for its initial public offering (IPO), questions about the working conditions at its supplier factories are growing more intense.
Sustainability
On May 15, Canada Goose announced the appointment of Colombian-born French designer Haider Ackermann as creative director.
Tissa Fontaneda is a bag brand that has been combining the highest quality leather with the latest technology and uncompromising design since its establishment in 2010.
Amid previous protests by workers in Bangladesh about wage increases, the Ministry of Labor and Employment (MoLE) recently announced a minimum monthly wage of 10,001 Tk ($91.06) for workers and employees in the cotton textile sector.
Grown Brilliance, which sells lab-grown diamonds, has opened a new retail store in Los Angeles.
On December 12, Prada Group announced its participation in the United Nations Global Compact Initiative.
Swedish fast fashion brand H&M will raise the price of garments produced in Bangladesh to compensate for higher wages for supplier workers.
On November 17, French resale e-commerce platform Vestiaire Collective announced the banning of 30 fast fashion brands from its platform, including Zara, H&M, Gap, Mango, and Uniqlo.
LVMH Métiers d’Art announced that it has entered into a partnership with Hosoo, the historic manufacturer of silk fabrics for kimonos in Kyoto, Japan. This announcement follows the conclusion with Okayama-based denim fabric manufacturer Kuroki in April 2023.
Fashionphile, a leading luxury bag resale platform, has announced that it has recently earned B Corp Certification (B Corp).
