The brand will commit a minimum of $5 million in annual funding for the next three years to the program, which aims to uplift Black, indigenous and people of color working within the fashion and creative industries.
The United States on Friday unveiled heavy import duties on France in retaliation for the country's tax on American tech giants, but will hold off on collecting the fees to allow time for the dispute to be resolved.
The struggling British fashion and accessories brand, which is axing its Paris and Hong Kong comms teams, is also on the verge of discontinuing its ready-to-wear and footwear licences from Spring/Summer 2021.
The owner of Calvin Klein and Tommy Hilfiger has released its annual corporate responsibility report, emphasizing transparency and disclosure, and detailing the its progress with its sustainability and diversity goals.
Few fashion organizations have had a busier spring than the Fédération de la Couture et de la Mode. FashionNetwork.com met with Pascal Morand and Séverine Merle to discuss Paris' upcoming digital menswear fashion week.
There were no special giveaways for the retail sector in the UK government's latest spending drive on Wednesday, although some measures to boost jobs could help the sector and others could benefit it indirectly.
Global affluent consumers are beginning to question their consumption of luxury goods in the wake of the coronavirus crisis, but the Chinese are still very pro-luxury, even though they're demanding sustainability too.
Boohoo is moving quickly to protect its business as a supply chain scandal causes e-tailers such as Asos and Zalando to delist its brands. But the firm also said its wholesale ops are small as D2C is its focus.