Giorgio Armani Fined 3.5 Million Euros by Italy’s Competition Authority
MILAN – The Giorgio Armani company is pushing back on the decision of the AGCM, the Italian Competition Authority, to fine the luxury brand for alleged misleading advertising. The authority…
Camera della Moda President Defends Made in Italy Ethics
MILAN – Carlo Capasa is pushing back on the narrative that Made in Italy lacks ethics. The president of Camera Nazionale della Moda Italiana got vocal on Wednesday defending the…
Here’s What You May Not Know About Nike’s Q4: New Findings Revealed
Nike Inc. turnaround is going to take time, but at least its challenges are understood. That’s the conclusion from BMO analyst Simeon Siegel. He has an “outperform” rating on shares…
Claire’s Could Sell Itself Via Bankruptcy Amid Tariff, Debt Struggles
A high debt load and added costs from higher tariffs is pushing the U.S. operations of tween retailer Claire’s to the brink. The accessories firm — which sells an assortment…
Footwear Firms Rejiggering Supply Chains Will See Long Term Benefits
The threat of higher tariffs may have provided firms with an unintended benefit as they took charge of rethinking their supply chains. That’s because U.S. President Donald Trump’s return to…
How Israeli Footwear Firms Are Being Impacted by Conflict With Iran
As the conflict between Israel and Iran continues, global supply chains are starting to feel the heat — and the situation is also disrupting logistics for Israeli firms as well…
Italian Fashion Groups Unite to Combat Supply Chain Work Exploitation
MILAN – Italian authorities, fashion associations and trade unions are committed to fight wrongdoings in the apparel and accessories supply chain, tackling issues such as worker exploitation, undeclared work, tax…
Dior Welcomes ‘Positive Conclusion’ of Supply Chain Probe in Italy
Dior said Wednesday it has been cleared of any wrongdoing following an Italian probe into its supply chain, citing a “positive conclusion” of an investigation by the Italian Competition Authority.…