Europe’s largest online-only fashion retailer is making a bold move, asking all brands to provide supply chain information. Those that don’t measure up to ethical standards by 2023 are out.
The German firm trumpeted a “very good April” in China, but warned Q2 overall will be worse.
Today’s unruly crop of eco-labels are puzzling customers and proving too expensive and time-consuming for manufacturers to apply for. But as the sustainability certification sector evolves, solutions are emerging.
Starting April 19, retail stores up to 800 square meters, or 8,600 square feet, may be allowed to re-open in Germany.
Consumers are online at home, playing games and accelerating digital trends faster than expected. That has major ramifications for how business will be done during and after this crisis.
Despite a trillion euro rescue package, Galeria Karstadt Kaufhof and Esprit are among those who found it easier to head straight to court to file for Chapter 11-style protection.
“We made a mistake and we lost a lot of trust by doing so,” Adidas said.
Politicians slammed the brand for refusing to pay their rent and say they’re watching to see if rules need to be adjusted, thanks to corporate rent-dodgers.
The country’s industry associations warn of a wave of insolvencies within a month, if they don’t get more financial aid.
Aside from attracting a global audience — 3.6 million tuned in for the 2016 Summer Games in Rio — the Olympics are known to boost participation in sports and athleticwear sales.
The spat comes amid growing strain on the logistics chain, as workers in sectors considered essential express concern about their safety.