WASHINGTON — There is no unity over Bangladesh. As even more European brands and retailers — along with a rare U.S. one, Abercrombie & Fitch — beat a midnight deadline and joined the Bangladesh fire and safety accord with unions on Wednesday, the divisions grew among American companies over an agreement on the issue.
The fashion industry has another black eye. As it absorbed another deadly disaster — a building housing a shoe factory in Cambodia collapsed early Thursday morning, killing at least three people and injuring 11 others — the industry continued to deal with the Rana Plaza catastrophe last month in Bangladesh that took the lives of 1,127 workers.
SINGAPORE — The final death toll remained uncertain a day after the collapse of a shoe factory in the outskirts of the Cambodian capital of Phnom Penh, with government officials and sources now confirming two deaths as of Friday afternoon — earlier accounts had counted three casualties.
Coty Inc. has a new board member as it prepares to go public as former chief executive officer Bernd Beetz is exiting the firm.
The beauty firm said that Olivier Goudet has joined the board, succeeding Beetz, who stepped down to pursue other interests. Goudet is partner and ceo of Joh. A. Benckiser Group. JAB is Coty’s majority shareholder.
For the second year, Frieze London landed on New York’s Randall’s Island for its international art exhibition. The event, which opened Thursday and continues through Monday, again is attracting an equally eclectic group of dealers, curators, artists and just-plain curious. At the Thursday opening, inventive fashion trumped trends. Looks were at times avant-garde, with plenty of head-to-toe black — all rendered differently — mixed with bright prints. A punkish style sometimes appeared alongside the more serious, the latter of which was no less creative or chic.
NEW YORK — Ralph Lauren plans to open a store at 711 Fifth Avenue between 55th and 56th Streets, just 14 city blocks south and one avenue west of the company’s existing men’s and women’s units on Madison Avenue near 71st Street.
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