Bangladesh to become 20th largest economy by 2038, according to CEBR
Bangladesh’s economy has shown resilience and steady growth despite global challenges. In the fiscal 2021-22, the country experienced an expansion of 7.1%, and while growth moderated to…
Almost 15,000 UK retail jobs lost already this year
Several national retailers, including clothing chain M&Co, have entered administration in recent weeks, while New Look and supermarkets Tesco and Asda have all also announced job cuts.M&Co is to close…
Faux fur not faking it anymore
The numbers have slightly changed since then. Asked about the shift, the International Fur Federation does admit there is a new dynamic. 2015 saw an overproduction of…
E.L.F. Beauty eliminates 1 million pounds of packaging materials
First launched in 2019, the initiative aims to elevate the brand’s product assortment, presentation, and on-shelf presence through innovative streamlining of product packaging.This year, as part of…
HRC survey finds retailers should understand Generation Z shoppers
The Northbrook, IL-based firm on Monday released a survey that found that recognizing the differences between generational segments and Generation Z’s influence will be critical in serving…
Indian garment workers take to the airwaves to demand better conditions
Her turn never came, forcing the factory worker to use a corner of the mill where waste cotton is discarded.Humiliated and angry, the worker decided to share…
House of Fraser under fire for selling real fur items
Customers found coats lined with raccoon and rabbit fur both in-store and online, although unlike some retailers that have been found to be selling real fur, they…
JD Sports faces football shirt price-fixing fine
The competition watchdog had alleged that JD Sports Fashion colluded with Rangers and Elite Sports – the then-manufacturer of Rangers-branded clothing – to fix the retail price…
EU confirms guidelines on forced labour ban amidst criticism
In September 2022, the EU Commission presented a series of measures aimed at closing the European market to countries where forced labour is practised. A proposal that…
Luxury’s rebound is proving elusive as China gloom adds to warnings
Richemont SA will offer fresh insight on how luxury companies are coping with a sector-wide growth slump when it reports third-quarter sales on Thursday. The Cartier-owner suffered…